Buyers flock to CDL's Sentosa Cove condo

The Straits Times, Sat July 15 2006

Sentosa Cove seems to be a hit with the public with both locals and foreigners 'zapping' up almost all the units up for sale in no time. The prices of the Sentosa Cove units are high and are thought to go up even further in the future. Therefore i believe that most of the Singaporeans buy the units for the sole purpose of investment, while majority of the foreigners buy it to stay in it. There are also many other new housing projects that are in the making and are priced really high. This shows that the value of property and housing in Singapore is on the rise. With the prices of new housing developements on the high, i hope that the money investments brought in by the foreigners buying the units will help boosts Singapore's economy. In addition, i hope that these new housing projects will help beautify singapore and make the landscape and skyline of singapore much nicer.