However a choose few — the wealthiest of Singapore’s 1% — stay in Sentosa Cove, a gated group positioned on a resort island.
A view of Sentosa Cove’s marina.
Marielle Descalsota/Insider
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’s been described as Singapore’s Monte Carlo for its abundance of yachts.
There are two components 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 group with non-public bungalows and condominiums, is barely accessible to residents. Sentosa Cove’s marina – which has a yacht membership and resort — is someplace in between, and is barely accessible to members and resort friends.
Whereas most residents stay in public housing, Singapore is the second-richest nation on the planet. 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 house.
The waterfront enclave is probably the most unique gated group 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 no less than $13.5 million.
Sentosa Cove is very identified for its marina, the place dozens of million-dollar yachts are docked. Final yr I had the possibility to constitution Singapore’s most cost-effective yacht. On the time and due to the pandemic, the worth was solely $220 for a two-hour sail. Right now, it prices $1,260 to constitution the yacht for a four-hour sail on a weekday.
This time round, I wished to have a style of what it will be wish to stay in Sentosa Cove, so I returned to the property on a current weekend to spend the night time.