A three-bedroom apartment in The Berth by the Cove, a luxury condo located within the Sentosa Cove enclave in Singapore, is up for sale. Edmund Tie’s head of auction and sales, Joy Tan, is handling the sale which has a guide price of $2.6 million.

Measuring 1,668 sq. ft., this owner-sale equates to $1,559 psf. Ideal for investors, the property comes with an existing tenancy until March 2025 and offers a rental yield of 3%.

Altura EC Bukit Batok residents can look forward to a lifestyle rich in conveniences, amenities, facilities and a wide selection of dining and shopping options within its vicinity. Furthermore, the future Junction 10 MRT and shopping mall development is expected to be an advantage to the area.

Situated on the second floor, the unit is equipped with wet and dry kitchens, private lift foyer, household shelter, master bedroom with balcony and a porch looking out onto a tree-lined waterway. The 99-year development of 15 low-rise blocks, completed in 2006 by Ho Bee Land, was the first private condo to be launched in Sentosa Cove. Apartments within The Berth by the Cove have a mix of two- to four-bedders ranging from 1,012 sq ft to 2,271 sq ft, or penthouse units between 2,939 sq ft and 6,028 sq ft.

Residents and investors can take advantage of various amenities such as the private berths for yachts, F&B outlets nearby, recreational facilities, as well as local stores and malls. The development is conveniently located within 10 minutes of the Central Business District, with easy access to Resorts World Sentosa, Tanjong Golf Course, VivoCity and Harbourfront Centre.

The most recent sale of a unit at The Berth by the Cove was in March when a 1,173 sq ft apartment changed hands at a price of $1.9 million ($1,615 psf). The previous owner had purchased the unit for $1.82 million ($1,550 psf) in July 2013, making for a modest gain of $77,000 on the sale. Prior to that, three units had transacted in December with absolute prices of between $2.45 million and $3.15 million, or between $1,468 and $1,672 psf.

For those looking to invest in a luxurious yet practical abode, The Berth by the Cove offers an attractive opportunity with an incredible combination of in-demand features. The three-bedroom property at the development will be available to the highest bidder on May 24th.