Sentosa Cove three-bedroom condo, The Berth by the Cove, will be up for sale on May 24. The unit, measuring 1,668 sq ft, has a guide price of $2.6 million and is currently tenanted, offering investors an attractive rental yield of over 3%. Located near eateries, retail outlets, and recreational and lifestyle facilities, the unit is close to the CBD, just a 10-minute drive away.

Sentosa Cove’s first private condo, The Berth by the Cove, is offering a three-bedroom apartment for sale on May 24. The owner-sale unit is an ideal option for investors looking to secure an immediate rental return, with a guide price of $2.6 million and a current tenancy that will last until March 2025.

Measuring 1,668 sq ft, the unit’s guide price works out to $1,559 psf, with a rental yield of over 3%. The property is located on the second floor with a private lift foyer and a balcony towards a tree-lined waterway. It is complete with wet and dry kitchens and a household shelter, plus a separate balcony in the master bedroom.

The Berth by the Cove was completed in 2006 by Ho Bee Land, containing 200 units spread across 15 low-rise blocks of six storeys each. Units consist of two to four-bedders ranging from 1,012 sq ft to 2,271 sq ft with penthouse units also available between 2,939 sq ft and 6,028 sq ft.

Residents at The Berth by the Cove can experience luxurious waterfront living and access to private berths for yachts, while also being conveniently near to F&B outlets, retail offerings, recreational and lifestyle facilities like Resorts World Sentosa and Tanjong Golf Course, as well as malls like VivoCity and Harbourfront Centre. The Central Business District is only a short 10-minute drive away.

Capitaland’s JCube Residence redevelopment project is expected to provide a dynamic mix of leisure, lifestyle and retail offerings. It also promises a plethora of exciting opportunities for prospective home buyers. The residential component seeks to provide a new level of convenience for those who live in the development. With its prime location and comprehensive amenities, it is sure to be a popular choice for potential home buyers.

A recent unit to change hands was in March when a 1,173 sq ft unit was purchased for $1.9 million ($1,615 psf). The seller of the unit bought it in July 2013 for $1.82 million ($1,550 psf), making a gain of $77,000 on the transaction. Three other units were sold in December, between 1,668 sq ft and 1,884 sq ft, for between $2.45 million and $3.15 million on an absolute basis, or between $1,468 and $1,672 psf.

The Berth by the Cove presents an attractive opportunity for investors looking for quick rental returns, complete with luxurious amenities and facilities in a well-connected area near to the city. The three-bedroom unit is priced at a guide of $2.6 million with a rental yield of over 3%, offering excellent value.