50% of YTL’s luxury Sentosa Cove villas snapped up

Malaysian developer, YTL Corporation Berhad, is launching another high-end project in Singapore´s Sentosa Cove called “Kasara – The Lake”.

Comprising 13 luxury villas, six units have already been snapped up by investors from Singapore, Europe and the Asia Pacific region during its preview.

The villas are priced from S$14 million to $22 million.

They range in sizes from 9, 000 sq ft with two good sized parcels of more than 14, 000 sq ft.

The villas come with double volume corridors which connect pavilions for living and dining.

Premium European brands like Miele and Duravit from Germany and Arclinea from Italy feature throughout the villas.

Antonio Citterio, a world-renowned designer of the Bvlgari Hotel Milan and Bvlgari Resort Bali, was also roped in to design the villa´s bespoke while designer Poliform created the private dressing rooms that grace each master suite.

Margaret Thean, managing director of DTZ, said the good take-up rate of the project demonstrates the optimism of market sentiment and confidence in Singapore´s luxury property sector.

Thean added that this will be further strengthened with the completion of the developments around the Marina Bay Financial Centre and the two Integrated Resorts.

Sentosa Cove is the only location in Singapore where foreigners can own landed property.