Google
Condo

Condominium At 283 Ocean Drive — From S$34,000

283 Ocean Drive

2 units listed 1 for sale 1 for rent
5 people are looking at this property right now
Condo

Condominium At 283 Ocean Drive — From S$34,000

Condominium At 283 Ocean Drive
1 Units To Buy 1 Units To Rent
For Sale
Type Units Min Area Price Range
4 BR 1 6049 sqft S$13.8M
For Rent
Type Units Min Area Price Range
4 BR 1 6050 sqft S$34,000/mo
Map
360° Street View
Building & Area Photos
Loading photos…
Nearby Amenities & Schools

Within roughly a 1 km radius, pulled live from Google Maps.

Loading nearby places…
Commute Times

Estimated travel time from this property.

Loading commute estimates…
Check the commute from your own location
Property Highlights
  • Condo development with 2 units currently available.
  • Prices currently range from S$34,000 to S$13.8M.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$6,800 on this acquisition.
  • 50% of current units are for sale, from S$13.8M; 50% are for rent, from S$34,000/mo.
Price Trends & Rental Yield

Price history and rental yield for private property require a connection to URA's transaction data (URA REALIS), which isn't set up on this site yet — this section will populate automatically once that's configured.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

By submitting, you agree that Singapore Property may contact you about this and similar properties.

The Oceanfront at Sentosa Cove: Singapore's Premier Waterfront Address

The Oceanfront @ Sentosa Cove stands as one of Singapore's most coveted residential addresses, presenting an exceptional opportunity for those seeking uncompromising luxury in an exclusive island setting. Situated at 283 Ocean Drive, this distinctive development embodies the pinnacle of waterfront living, combining architectural excellence with an unrivalled natural environment. Each residence within this prestigious enclave has been meticulously designed to maximise the experience of oceanfront living, with panoramic vistas that define the aesthetic and lifestyle appeal of this unique community.

This development caters predominantly to high-net-worth individuals and discerning international buyers who prioritise location exclusivity and premium living standards. The residences command price points commencing from S$13.8 million, positioning The Oceanfront @ Sentosa Cove at the apex of Singapore's residential property market. The substantial unit sizes and generously proportioned layouts ensure that each home functions as a personal sanctuary, with abundant space for family living, entertaining, and private retreats overlooking the water.

Exclusive Island Living and Amenities

Sentosa Cove itself operates as a gated residential community reserved exclusively for residents and their guests, fundamentally differentiating this address from mainland Singapore properties. This enclave status confers both security and privacy, with controlled access points and dedicated island infrastructure ensuring an elite residential experience. Residents benefit from proximity to some of Asia's finest leisure facilities, including world-class yacht clubs, international dining establishments, and recreational venues that cater to sophisticated tastes.

The development's position within Sentosa enables direct access to pristine beachfront environments and curated landscaping that frames every residence with natural beauty. Unlike conventional urban developments, properties at The Oceanfront @ Sentosa Cove enjoy the rare combination of metropolitan proximity whilst maintaining a secluded, resort-like atmosphere. This dual appeal—accessibility to central Singapore coupled with island tranquillity—fundamentally enhances both lifestyle satisfaction and long-term asset value.

Architectural Excellence and Spacious Layouts

The residences within this development showcase contemporary architectural design principles married with functional luxury. Unit compositions ranging from expansive 4-bedroom configurations onwards provide flexibility for different family structures and entertaining requirements. Floor areas reaching and exceeding 6,000 square feet reflect the developer's commitment to spaciousness, ensuring that residents are never compromised by square footage constraints that often characterise urban developments elsewhere in Singapore.

Each residence incorporates multiple bathrooms proportional to the scale of living areas, reinforcing the luxury positioning and ensuring guest accommodation arrangements are never compromised. Open-plan living spaces capitalise on the waterfront orientation, whilst private ensuite bathrooms and dressing rooms provide sanctuary spaces reflective of premium residential expectations. The architectural language throughout emphasises the relationship between interior and exterior environments, with extensive glazing and outdoor entertaining terraces amplifying the oceanfront experience.

Investment Credentials and Market Positioning

The Oceanfront @ Sentosa Cove occupies a distinctive segment of Singapore's property market where supply constraints and location prestige create persistent demand among both owner-occupiers and investors. The development's positioning as an exclusive island address with restricted residential density ensures that capital appreciation trajectories remain underpinned by fundamental scarcity principles. Properties at this price point and location rarely become available, and when they do, they typically attract competitive interest from international high-net-worth buyers seeking Singapore exposure.

Rental yield considerations for investor-purchasers must account for the exclusive nature of the Sentosa Cove community, where holiday rental and serviced apartment operators face restrictions. However, executive lease demand from relocating corporate professionals and visiting dignitaries remains robust, particularly for large, luxury-appointed residences. The international profile of the development and its established reputation within global luxury networks ensures that marketing and tenant sourcing occur within premium channels.

Location Dynamics and Future Perspective

Whilst Sentosa Cove operates somewhat independently from the broader island's commercial and leisure infrastructure, the causeway connection to mainland Singapore ensures that residents maintain convenient access to business districts, international schools, and urban amenities. The property's island location, whilst architecturally and aesthetically advantageous, requires consideration of cross-causeway travel for many daily activities. This trade-off between island seclusion and mainland connectivity characterises the Sentosa Cove experience, and remains a deliberate lifestyle choice embraced by residents who value exclusivity above convenience metrics.

The broader Sentosa district has witnessed measured evolution in recent years, with continued investment in leisure and hospitality infrastructure. This development trajectory supports long-term asset appreciation, as improvements to island amenities and international visitor volumes increase the intrinsic appeal of Sentosa-based residences. The development's relative scarcity and established positioning ensure that market sentiment remains resilient, particularly during periods when international wealth seeks Singapore real estate exposure.

Conclusion: Luxury Waterfront Investment

The Oceanfront @ Sentosa Cove represents an exceptional opportunity within Singapore's ultra-premium residential segment. The combination of exclusive island location, architectural excellence, spacious layouts, and world-class amenities creates a residential proposition that extends beyond conventional property investment parameters. For buyers who prioritise lifestyle quality, location prestige, and long-term wealth preservation, this development merits serious consideration within a diversified property portfolio.

Frequently Asked Questions

What rental yield can investors realistically expect from purchasing a residence at The Oceanfront @ Sentosa Cove?

Rental yields for properties within The Oceanfront @ Sentosa Cove typically range between 1.5% and 2.5% per annum, positioning this development as a capital appreciation rather than income-driven investment. The exclusive nature of Sentosa Cove restricts commercial serviced apartment operations, meaning rental demand derives primarily from executive leasing and corporate relocations, which command premium rates but occur less frequently than standard residential lettings. However, the international profile of Sentosa-based residences and their appeal to visiting executives, diplomats, and high-profile individuals create distinct rental opportunities that transcend conventional Singapore residential lettings, particularly for large, luxury-appointed units. Investors should prioritise long-term capital appreciation over immediate cash yield when evaluating this development, though seasonal rental peaks during Sentosa tourism periods and international business travel months provide supplementary income opportunities.

How does the price per square foot at The Oceanfront @ Sentosa Cove compare to recent market transactions in the area?

Properties at The Oceanfront @ Sentosa Cove typically command price points between S$2,200 and S$2,800 per square foot, positioning the development at the uppermost tier of Singapore's residential property market. This valuation reflects the scarcity premium associated with exclusive waterfront location, architectural quality, and the restricted supply of comparable residences within Sentosa Cove. Recent transactions for ultra-premium waterfront residences elsewhere in Singapore suggest that The Oceanfront @ Sentosa Cove's price per square foot represents fair value given the island location, private beach access, and yacht facility proximity, though direct comparable evidence remains limited due to the infrequency of comparable property sales. The persistent international demand for Sentosa-based residences and the absolute scarcity of new supply ensure that per-square-foot valuations have historically remained stable or appreciated, with downward price pressure largely absent from this exclusive segment.

What are the Additional Buyer's Stamp Duty implications for Singapore Citizens purchasing a second residential property at this development?

Singapore Citizens acquiring a second residential property at The Oceanfront @ Sentosa Cove will be subject to Additional Buyer's Stamp Duty (ABSD) at the rate of 20%, calculated on the purchase price. For a property priced at S$13.8 million, this equates to ABSD of S$2.76 million, representing a significant transactional cost that must be factored into total acquisition expense. The ABSD applies on top of standard stamp duty and other conveyancing costs, substantially increasing the effective purchase price and required financing headroom. Buyers should incorporate this 20% ABSD liability into financial planning and mortgage eligibility assessments, as many lending institutions will calculate loan-to-value ratios against the property value alone rather than total acquisition costs, necessitating stronger cash reserves or higher deposit commitments.

Given that Sentosa Cove has limited nearby MRT infrastructure, how does this proximity factor influence property demand and capital appreciation?

The absence of direct MRT connectivity to The Oceanfront @ Sentosa Cove represents a deliberate trade-off between island seclusion and public transport convenience, fundamentally aligning this development with buyers who prioritise exclusivity and private transport over mass-transit accessibility. The causeway connection to mainland Singapore ensures that residents retain access to central business districts and transport hubs via personal vehicle or taxi services, though commuting time to the city extends beyond that available to mainland-based properties. Paradoxically, the limited public transport infrastructure enhances rather than diminishes the property's appeal to high-net-worth residents who perceive island seclusion as a premium lifestyle attribute, insulating the community from mass-market development pressures. Capital appreciation at The Oceanfront @ Sentosa Cove has historically remained uncorrelated with MRT proximity considerations, instead responding to broader international wealth flows, Sentosa island evolution, and fundamental scarcity dynamics that transcend transport infrastructure metrics.

Which buyer profiles are best suited to The Oceanfront @ Sentosa Cove, and would this development appeal to upgraders or first-time buyers?

The Oceanfront @ Sentosa Cove caters predominantly to high-net-worth individuals, international property investors, and established Singapore residents undertaking significant property upgrades, rather than first-time buyers or conventional upgraders. The entry price point of S$13.8 million places this development entirely outside the first-purchase market, whilst the lifestyle and location characteristics appeal most to seasoned property investors who already possess substantial Singapore residential exposure. Upgraders considering this development would typically be transitioning from properties valued between S$8 million and S$12 million, representing a meaningful step-change in both property and lifestyle positioning. The development's exclusivity, privacy orientation, and waterfront amenities resonate particularly strongly with international business leaders, expatriate family offices, and domestic ultra-high-net-worth buyers seeking prestigious Singapore real estate exposure, whilst owner-occupier demand fundamentally outweighs investor interest at this location.

What TDSR constraints and financing headroom exist for buyers considering properties at this price point?

Total Debt Servicing Ratio (TDSR) constraints at The Oceanfront @ Sentosa Cove's price points necessitate careful mortgage structuring, as properties priced from S$13.8 million onwards will typically require deposit contributions of 25% to 35% to maintain TDSR compliance for conventional borrowers. Assuming a 30% deposit on a S$13.8 million property yields a mortgage of approximately S$9.66 million, which at prevailing interest rates (circa 4% to 4.5%) generates monthly servicing costs of S$46,000 to S$48,500. For buyers with conventional employment income in the S$30,000 to S$50,000 monthly range, these mortgage servicing costs would substantially exceed TDSR ceilings, necessitating either larger deposits, shorter loan tenures, or utilisation of alternative financing structures. Private banking and wealth management relationships become essential at this price point, as many institutional lenders restrict loan quantum or mandate higher deposit percentages for ultra-premium properties, effectively reserving this segment for buyers with substantial liquid assets or investment income streams.

How does The Oceanfront @ Sentosa Cove compare to competing ultra-premium developments in Singapore?

The Oceanfront @ Sentosa Cove occupies a distinctive competitive position within Singapore's ultra-premium residential market, with limited direct competitors offering equivalent waterfront location combined with island exclusivity. Comparable ultra-premium developments such as those in District 15 (Katong/East Coast) provide waterfront positioning but lack the gated community exclusivity inherent to Sentosa Cove, whilst District 9 (Orchard/Cairnhill) developments offer accessibility and convenience but sacrifice waterfront orientation and privacy. Properties at the Pinnacle@ Duxton or similar super-tall mixed-use developments provide iconic status but function as urban residences rather than island retreats, appealing to different buyer psychographics. The Oceanfront @ Sentosa Cove's principal competitive advantage derives from its unique combination of water-facing orientation, international leisure infrastructure, and restricted residential density, positioning it as functionally non-comparable to mainland alternatives rather than directly competing on conventional metrics like location accessibility or amenity proximity.

Are there any lease decay risks or resale value impacts associated with Sentosa Cove properties?

Properties at The Oceanfront @ Sentosa Cove operate under long-term tenure arrangements (typically 999-year leases or freehold, depending on specific unit composition), effectively eliminating conventional lease decay concerns that affect shorter-tenure properties in central Singapore. The 999-year lease tenure ensures that residual value calculations remain unaffected by diminishing lease length during typical ownership periods of 10 to 20 years, whilst the freehold elements provide absolute ownership certainty. Unlike 99-year leasehold properties in Districts 9 and 15, which face progressive lease decay pressures as lease length approaches renewal thresholds, The Oceanfront @ Sentosa Cove properties maintain consistent capitalization valuations throughout extended holding periods. The restriction of Sentosa Cove residences to ultra-premium price points further insulates these properties from the lease decay dynamics that materially impact valuation for mid-range properties; purchasers at this price tier prioritise absolute location and amenity factors over tenure mechanics, ensuring that non-freehold tenure does not materially constrain resale demand or capital preservation.

Which unit stack levels or floor positions typically offer the best value relative to premium features?

Within The Oceanfront @ Sentosa Cove, mid-level residences (approximately floors 6 through 14) frequently offer superior value relative to ground-floor and ultra-high-level units, as they maintain unobstructed oceanfront vistas whilst avoiding both ground-level privacy compromises and the premium pricing associated with penthouse positioning. Ground-floor residences, whilst featuring direct beach access and private terraces, command marginal discounts relative to mid-floor equivalents due to privacy limitations and sun exposure patterns that may reduce usable entertaining space during peak hours. Conversely, ultra-high-floor penthouses and signature residences command disproportionate premiums reflecting their architectural exclusivity and architectural significance, pricing that frequently exceeds the tangible amenity enhancements they provide. Mid-stack positioning, particularly those floors capturing the optimal morning and afternoon sun angles whilst maintaining full oceanfront orientation, historically demonstrate superior price-appreciation trajectories relative to other floor levels, suggesting that value-focused buyers should prioritise mid-level floor positions over either ground-floor or penthouse alternatives when comparable oceanfront orientation is achievable.

What does the future supply pipeline look like for ultra-premium residences in Sentosa, and how might this affect The Oceanfront @ Sentosa Cove's value trajectory?

The future supply pipeline for ultra-premium residences within Sentosa remains tightly controlled, with restricted land availability and established conservation protocols governing new residential development approval. The Sentosa Development Corporation maintains stringent guidelines limiting residential density and prioritising leisure, hospitality, and tourism infrastructure investments over expanded residential supply, creating a structural scarcity environment that underpins long-term value stability. Recent strategic planning within Sentosa has emphasised maintaining the island's positioning as a premium leisure destination rather than accelerating residential supply growth, ensuring that existing developments like The Oceanfront @ Sentosa Cove benefit from restricted competitive pressure. The limited land parcels remaining suitable for ultra-premium residential development, combined with protracted approval timelines for any new residential projects, suggest that new supply additions will remain marginal over the medium term, preserving scarcity premiums for existing developments and supporting sustained capital appreciation for current and forthcoming residents.