If there’s one place in Singapore everyone’s heard about, it would be Sentosa. Tourists love it for its leisure offerings like Universal Studios Singapore and locals love to hate it for the host of ultra-rich residents living it up in their ultra-expensive homes.
The Singapore property market in District 4, which encompasses Sentosa and Harbourfront, is known for its premium residential developments, including leasehold condominiums such as Seven Palms Sentosa Cove, The Coast at Sentosa Cove, The Oceanfront @ Sentosa Cove, and Seascape. These developments are notable for their luxury amenities and proximity to tourist attractions in Sentosa.
The buyer profile in this district is diverse, with a significant representation of Singaporeans, Permanent Residents (PRs), foreigners, and companies. Its central location and accessibility to recreational offerings such as Vivocity, Singapore’s largest shopping mall, and Resort World Sentosa are a big draw to owner-occupiers, investors, and tourists.
Top amenities in District 4 – Sentosa, Harbourfront
| Amenity | Where to find it |
|---|---|
| Beaches | Sentosa Island: Siloso Beach, Palawan Beach, and Tanjong Beach |
| Resorts and Hotels | Capella Singapore W Singapore – Sentosa Cove Sofitel Singapore Sentosa Resort & Spa Shangri-La’s Rasa Sentosa Resort & Spa The Outpost Hotel Sentosa The Barracks Hotel Sentosa One°15 Marina Sentosa Cove Village Hotel Sentosa |
| Golf Courses | Sentosa Golf Club |
| Theme Parks and Attractions | Universal Studios Singapore S.E.A. Aquarium Adventure Cove Waterpark Sentosa Merlion Skyline Luge Sentosa Fort Siloso Singapore Cable Car Mount Faber Park Haw Par Villa Southern Ridges Singapore Maritime Gallery |
| Dining and Entertainment | Sentosa and Harbourfront |
| Shopping | VivoCity Resorts World Sentosa |
| Waterfront Promenade | Harbourfront |
| Marinas and Yacht Clubs | One°15 Marina Sentosa Cove Marina at Keppel Bay Republic of Singapore Yacht Club (RSYC) |
The area’s connectivity is also set to improve with the upcoming Stage-6 of the Circle Line by 2025, as outlined in the URA Master Plan 2019.
However, the only downside to living in Sentosa or Harbourfront is the lack of nearby schools. This is why we’ve heard from many foreign buyers, specifically high-net-worth Chinese buyers, that they prefer living in Central Singapore. Despite the premium address that Sentosa offers, as well as all the upscale amenities in proximity, it is not so conducive to families with kids.
Property market trends in District 4 – Sentosa, Harbourfront
In the past 5 years, there have only been a little over 1,800 transactions. However, the price range of properties in the area is within $820k as the minimum price and $19.8 million as the maximum, with an average sale price of $2.6 million. Surprisingly, the average price per square foot (PSF) for a 1,581 sq ft unit hovers around $1.7k PSF, which could be due to most properties holding a leasehold tenure, which typically see lower demand than freehold properties.
Property transactions in District 4 Singapore from 2013 to 2023
Here’s a list of condo developments in Sentosa and Harbourfront that have seen units change hands in the last 5 years, ranked from the highest average price PSF to the lowest.
| Project Name | Tenure | Average $ PSF |
|---|---|---|
| Seven Palms Sentosa Cove | Freehold | $2,843.20 |
| The Reef At King’s Dock | Freehold | $2,317.60 |
| Corals At Keppel Bay | 99-year | $2,219.10 |
| Cape Royale | Freehold | $2,196.43 |
| Seascape | Freehold | $2,011.48 |
| Skyline Residences | Freehold | $2,009.80 |
| The Foresta @ Mount Faber | 99-year | $1,798.75 |
| Marina Collection | 99-year | $1,784.21 |
| Reflections At Keppel Bay | 99-year | $1,657.88 |
| Telok Blangah House | Freehold | $1,642.00 |
| Harbour Suites | Freehold | $1,620.00 |
| The Oceanfront @ Sentosa Cove | Freehold | $1,612.99 |
| The Coast At Sentosa Cove | Freehold | $1,563.28 |
| Caribbean At Keppel Bay | 99-year | $1,554.44 |
| Harbourlights | Freehold | $1,520.00 |
| Turquoise | Freehold | $1,472.40 |
| The Azure | Freehold | $1,450.26 |
| Teresa Ville | Freehold | $1,430.09 |
| The Berth By The Cove | 99-year | $1,364.78 |
| Mount Faber Lodge | 99-year | $1,302.25 |
| The Interlace | Freehold | $1,264.52 |
| Harbour View Towers | Freehold | $1,255.84 |
| The Pearl @ Mount Faber | Freehold | $1,220.19 |
Get real-time updates on the latest property transactions in your condo
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