Overview Rating
Overall, based on my analysis, I would rate Cape Royale at Sentosa an 8/10. The development offers a luxurious seafront lifestyle with proximity to various amenities and recreational facilities. While its sale PSF price may be higher than the average in some regions, its location on Sentosa Island and potential for future development make it an attractive investment option both for resale and rental yield.
Tenure
Cape Royale is a 99-year leasehold development, which means that it will eventually revert back to the government. However, it still has over 70 years left on its leasehold tenure, providing a sufficient duration for ownership.
Amenities
Cape Royale is located on Sentosa Island and within walking distance to various amenities such as Cold Storage at Sentosa Cove Village, restaurants, and shops at Quayside Isle. It is also near recreational facilities like the Tanjong Golf Course and Sentosa Golf Club. However, it is not directly connected to any MRT stations.
Future Development
Sentosa Island has been earmarked by URA as a strategic area of growth with plans underway to boost tourism there further by adding attractions such as a new nature trail and a 24-hour integrated resort. The potential for further development in the area may positively impact Cape Royale’s appreciation over time.
Sale PSF Price
The sale PSF price for Cape Royale starts from $2029 psf, which is higher than the average PSF prices for condos in the OCR and RCR regions but lower than those in CCR. This pricing may be slightly less attractive for investors seeking capital appreciation.
Resale Potential
Cape Royale’s location on Sentosa Island makes it an exclusive residential enclave with limited supply, potentially increasing its resale value. Additionally, its proximity to amenities and recreational facilities may make it desirable for potential buyers or tenants.
Rental Yield
According to data from PropertyGuru.com.sg, the average rental yield in Singapore is around 3%. Based on Cape Royale’s sale PSF price and available unit sizes, potential rental yields may range from about 2-4%, slightly below or above the Singapore average.
Introduction:
Cape Royale at Sentosa is a 99-year leasehold condominium located in District 04 of Singapore. The condo, developed by Pinnacle (Sentosa) Pte Ltd, offers residents luxurious seafront living on Sentosa Island with easy access to the island’s many attractions. The development comprises eight blocks of 16-storey buildings with basement carparks and communal facilities on 21,523 sqm (231,676 sqft) of land. In total, there are 302 residential units available, ranging from three-bedroom apartments to penthouses.
Location:
Cape Royale’s location offers both advantages and disadvantages for residents. Close proximity to amenities such as Sentosa Golf Club and Quayside Isle provides convenient access to entertainment options outside the condo grounds. However, the location may not be ideal for those who need regular access to central Singapore due to its relative isolation on Sentosa Island.
Units:
The units at Cape Royale are spacious and well-designed, with high-quality finishes throughout. Private lift lobbies provide exclusivity for residents while expansive balconies offer stunning views of the ocean and surrounding areas. Some units come with unique features such as a study or a wading pool within the apartment itself.
Price:
Attractive prices for Cape Royale’s units start from $2029 psf. Prices range from $3,530,100 for a three-bedroom unit up to $7,295,600 for a penthouse. While these prices may seem steep compared to other properties in mainland Singapore, they offer good value when considering Cape Royale’s prime location on Sentosa Island.
Conclusion:
Cape Royale at Sentosa is an excellent investment opportunity for those who appreciate luxurious seafront living in one of Singapore’s most prestigious locations. With easy access to numerous amenities and attractions including beautiful beaches and golf courses, it offers an unparalleled lifestyle experience. While the location may not suit everyone’s needs depending on their daily commute, the units are spacious and well-designed with unique features. Overall, Cape Royale at Sentosa is highly recommended for anyone looking to invest in a luxurious and exclusive property on Singapore’s Sentosa Island.
