About Sentosa Cove
Situated on the eastern end of Sentosa Island, this 117-hectare development has become the most
coveted luxurious residential property in Asia and offers Singapore's only truly oceanfront residences.
With a total of 2,500 homes when it completed in 2010, the luxury estate has comprise oceanfront villas,
waterway bungalows, hillside mansions and a series of upscale condominiums.
At the heart of the development lies One15 Marina Club, a multi-million dollar, mega-yacht marina club
with moorings for some 204 yachts and where a plethora of romantic quayside retail,
restaurants and specialty shops await.
Set in the midst of two championship golf courses, pristine beaches, lush nature trails,
adrenaline-pumping attractions and world-class resorts on Sentosa Island,
Sentose Cove is also the only development which allows foreign ownership of its landed homes -
a move that has indeed put Sentosa Cove on the luxury real estate map of the world.
|Since 1973, the Singapore Government has imposed restrictions on foreign ownership of private
residential property in Singapore. Such ownership is governed by the Residential Property Act (the Act).
The Act seeks to strike a balance between giving Singaporeans a stake in the country by being able
to buy and own residential properties at affordable prices, while attracting foreign talent by allowing
permanent residents, foreign companies and limited liability partnerships that make an economic
contribution to Singapore to purchase such properties for their occupation.
The Land Dealings (Approval) Unit administers the provisions of the Act and its rules by:
- processing applications from foreign persons for approval to acquire or retain restricted residential property;
- issuing clearance certificates to Singapore companies, limited liability partnerships and societies;
- prosecuting offences under the Act; and
- dealing with general enquiries relating to the operation of the Act.
Under the Act, a foreign person means any person who is not any of the following:
- Singapore citizen;
- Singapore company;
- Singapore limited liability partnership; or
- Singapore society.
If you are a foreign person and are interested in purchasing a restricted residential property,
please download and complete the approved form from http://www.sla.gov.sg.
You are required to submit the form together with the relevant supporting documents to:
Singapore Land Authority
55 Newton Road
#12-01 Revenue House