The Oceanfront, Sentosa Cove, Singapore 31MAR19 SCMP/Roy Issa
The Oceanfront, Sentosa Cove, Singapore 31MAR19 SCMP/Roy Issa

Seller incurs US$2.3 million, 50 per cent loss on unit at Seascape as Singapore’s Sentosa Cove continues to struggle

  • A doubling of stamp duties to 20 per cent for foreign buyers has put international investors off, while locals are drawn to mainland Singapore where property is freehold

The Oceanfront, Sentosa Cove, Singapore 31MAR19 SCMP/Roy Issa
The Oceanfront, Sentosa Cove, Singapore 31MAR19 SCMP/Roy Issa
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