However a choose few — the wealthiest of Singapore’s 1% — dwell in Sentosa Cove, a gated neighborhood positioned on a resort island.
Sentosa is an offshore island in southern Singapore, the place many vacationer seashores and resorts are positioned. Sentosa Cove is a 290-acre property inside Sentosa, and was constructed on reclaimed land.It has been described as Singapore’s Monte Carlo for its abundance of yachts.
There are two elements to Sentosa Cove — one which’s accessible to the general public, and features a stretch of eateries that make up Quayside Isle. The opposite half, a gated neighborhood with non-public bungalows and condominiums, is simply accessible to residents. Sentosa Cove’s marina – which has a yacht membership and resort — is someplace in between, and is simply accessible to members and resort friends.
Whereas most residents dwell in public housing, Singapore is the second-richest nation on this planet. The town-state has a per capita gross home product of $116,486. There are 298,650 millionaires and billionaires residing in Singapore — a few of whom name Sentosa Cove their residence.
The waterfront enclave is probably the most unique gated neighborhood in Singapore. There are solely 2,100 houses within the property, a mixture of landed properties and condominiums. On common, bungalows in Sentosa Cove are listed for not less than $13.5 million.
Sentosa Cove is very identified for its marina, the place dozens of million-dollar yachts are docked. Final 12 months I had the prospect to constitution Singapore’s most cost-effective yacht. On the time and due to the pandemic, the value was solely $220 for a two-hour sail. At the moment, it prices $1,260 to constitution the yacht for a four-hour sail on a weekday.
This time round, I needed to have a style of what it could be wish to dwell in Sentosa Cove, so I returned to the property on a latest weekend to spend the night time.