Top 100 Condos - Costa del Sol

Video description from @therightmovesg

91 of my #Top100Condos.

Last week was 92 — The Bayshore. This week we just cross the road. Two minutes' walk, 40% price gap, completely different owner books.

In 2003, nine 30-storey towers went up in front of The Bayshore and ended its sea view. Built by Cheung Kong Holdings — Li Ka-shing's group out of Hong Kong. His largest Singapore residential project. Today the owner book is 50% Singaporean / 20% PR / 20% foreigner / 10% company. Across the road: 70% / 20% / 8% / 2%.

But this wasn't always a trophy. From 2016 to 2020, prices here were flat for five straight years. The trophy era started 2021 — when new launches at three thousand a foot reset what "old" was worth.

The deal math: a new 4-bedroom in any OCR launch this year averages $2.89M for 1,173 sqft. Costa Del Sol 4-bedroom: $2.9M for 1,474 sqft. Same money, 25% more floor area, no balconies anywhere.

Unit 19-14 Block 72 bought a sea-facing 4-bedroom in 2005 for $1.018M. Sold it December 2025 for $2.968M. Up 192% in 20 years.

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#SingaporeProperty #CostaDelSol #EastCoastSG #SingaporeRealEstate