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Turquoise

Editorial Signature Detail

Turquoise

51 Cove Drive, SingaporeD04

Signature Alpha Editorial

Turquoise

Alpha Score 52.8

A Signature Editorial briefing with live Alpha Formula intelligence, premium project detail, and investor-grade next-step tools.

Lead capture remains active before download so Clive can follow up with a bespoke Alpha interpretation for this listing.

Beds

Baths

5

SQFT

3,111

Floor Level

URA-backed research dashboard

D04 transaction intelligence

Read the latest district-level caveat activity for this listing before moving into the rest of the investment tools.

No URA-backed transaction data is currently available for D04.
Search a district to load recent caveats, median PSF, price range, and a quarter-on-quarter trend summary.

Disclaimer: Market intelligence reports and transactional insights displayed on this platform are automatically generated utilizing historical data from caveats voluntarily lodged with the Singapore Land Authority (SLA) and published via the Urban Redevelopment Authority (URA) Data Service. While we strive to provide accurate and up-to-date data, these figures may not represent 100% of all market transactions and are intended strictly for educational and informational purposes. Users should independently verify all property transaction data before executing financial decisions.

Signature Investment Forecast

Weighted projection with 5-year confidence bands.

Turquoise demonstrates resilient capital growth with a historical 21.1% appreciation over five years, supported by a balanced district-level supply pipeline in D04. Future performance remains anchored by stable upgrader demand and favorable 2026 financing conditions, projecting a best-case five-year valuation surge of up to 30.8%.

Current Underwriting

$4,388,000

District-weighted fair value anchor used for the model.

Projected by 2029

+12.2%

3-year capital appreciation outlook under the weighted scenario.

Projected by 2031

+21.1%

5-year appreciation outlook with 2026 stability weighted heavily.

Conservative case · 2031

+13.2%

Base growth eases to 2.5% annually if supply and absorption soften.

Base case · 2031

+21.1%

Core Alpha Formula projection at 3.9% annualized growth.

Best case · 2031

+30.8%

Upside case expands to 5.5% annually if demand depth stays firm.

Signature Investment Analyst

Strategist Verdict

At Turquoise, the 0.50% value gap suggests Fair Market Entry with measured Capital Growth Potential as Mean Reversion works gradually rather than abruptly. The current PSF sits close to benchmark fair value, which supports long-term stability without forcing an aggressive premium.

Project Mean
Value Gap +0.50%

Listing PSF

$1,410

Project Mean PSF

$1,418

District Mean PSF

$1,823

Historical vs Projected

Historical district benchmark data is shown in grey. The Signature projection is shown in gold, with conservative and best-case confidence bands for the next 5 years.

Firm
Historical
Projected
Confidence Band
20212022202320242025202620272028202920302031$0$1.50M$3.00M$4.50M$6.00M

Macro tailwind

Low-rate stability

The 2026 financing backdrop is weighted heavily in the forecast model.

Supply signal

Balanced district-level supply pipeline

District-level GLS pressure is used as the supply-side constraint variable.

Demand pulse

Stable upgrader demand with selective 2026 liquidity support

Demand-side score blends district liveability, connectivity, and upgrader depth.

Public district benchmark with project-level weighting, automatically blended with private uploaded transactions when available. Current rental yield screen: 3.10%.

Shortlist intelligence

Smarter reasoning for whether this listing deserves a closer look.

Singapore District: demand is being supported by stable upgrader demand with selective 2026 liquidity support, with measured new supply pressure in the current cycle.

Recommended next move

Keep this on the shortlist if the layout and district fit are strong, but compare it against one or two nearby substitutes before moving to offer stage.

Shortlist fit

+0.5%

Value gap

The entry sits near fair value, which makes this a quality shortlist candidate when the district and hold horizon matter more than chasing a deep discount.

Carry profile

3.1%

Rental yield

Current rental carry screens at 3.1%, while the base-case 2031 outlook still projects +21.1% capital upside.

Underwriting risk

Measured

Supply signal

Benchmark conviction is anchored to the project mean, while district supply is measured, so this should be compared against nearby substitutes before final commitment.

Overview

The Gem of Sentosa, luxury living at its best DISTRICT 4 – COVE DRIVE Developed by Ho Bee, Turquoise, is a waterfront collection of exquisitely finished apartments. Comprising of 91 ready spacious luxury units from 3-Bedroom to Sky Villas fitted with high end appliances and sanitary fittings, this development will redefine the very idea of resort living. Set amidst the pristine environment of the prestigious residential enclave of Sentosa Cove, Turquoise offers an unparalleled experience. Fronted by a charming waterway and neighbour to the lush fairways of acclaimed golf courses, this residence will afford you pleasures and views like no other. With the lure of the ONE°15 Marina Club and Resorts World at Sentosa only a stone’s throw away, the lifestyle options are as numerous as they are conveniently available. Which makes Turquoise a gem of an investment. Project Highlights: Sentosa, District 4 Fronted by a charming waterway & golf course for your back yard Ready spacious luxury units High end appliances & sanitary fittings Project Details: Developer: Ho Bee Cove Pte Ltd Address: 51 Cove Drive S(098393) , 55 Cove Drive S(098395) Property Type: Private Residential Tenure: 99 years leasehold Total Units: 91 Unit Mix: 3-Bedroom, 4-Bedroom, Penthouses, Sky Villas Call Now To Enquire.

Information sourced from Team SG Prop Portal's PropNex portfolio.

Compare Forecasts

Side-by-side Alpha Formula projections for this district.

Select up to two nearby listings to compare the 5-year base case, confidence bands, and current rental yield side by side.

Alpha Formula view

Current listing

Turquoise

D04 · Condo

$4,388,000

Rental yield3.10%
Base case · 2031+21.1%
Conservative · 2031+13.2%
Best case · 2031+30.8%

Automation #11

Interactive Exit Strategy & Cash Flow Modeler

Stress-test the path to profit over 3, 5, and 10 years using editable assumptions built for Singapore buyer economics.

Estimated based on District averages.
SC 1st property: 0% ABSD
Post-2025 4-Year SSD rule: 16% / 12% / 8% / 4% / 0%
3510-900k0k900k1800k2700k

Tax & Friction

Acquisition Costs

BSD: $202,880

ABSD: $0

Legal: $3,000

Holding Costs

Property Tax: $13,603

Maintenance: $4,800 / yr

Exit Frictions

3-Year Exit

SSD: $194,602

Agent Comm: $97,301

Legal: $2,500

5-Year Exit

SSD: $0

Agent Comm: $104,231

Legal: $2,500

10-Year Exit

SSD: $0

Agent Comm: $123,794

Legal: $2,500

Clear Path to Profit

At the 10-year mark, the Alpha Investment Formula still projects a total ROI of 164.3% with SGD 2,685,791 in net exit profit, but the hold period absorbs an annual net cash-flow drag of about SGD 54,542. The post-2025 4-year SSD penalty window keeps early exits inside a heavier friction band until year 4. This means the outcome depends more heavily on capital appreciation and amortized debt reduction than on near-term income carry under the current investment tax setting.

Monthly Mortgage

$13,875

Annual Net Cash Flow

-$54,543

BSD

$202,880

Cash Outlay

$1,302,880

ABSD

$0

AI Virtual Staging (Beta)

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Project Details

Tenure
Leasehold
District
D04
Property Type
Condo
Price
$4,388,000
Size
3,111 sqft
Status
Active

Bedroom Types

Select up to two units to compare their size, pricing, and corresponding floor-plan preview side by side.

Unit TypeSize (Sqft)Price RangeCompare
- Bedroom3,111$4,388,000

Amenities & Nearby Insights

Everything around the address, preserved.

Structured nearby intelligence is not available for this listing yet, but the page keeps this section visible so the editorial layout stays consistent while the live data pack is refreshed.

0 nearby data points

Nearby intelligence refresh pending

Use the listing address above for immediate context while we continue syncing transport, schools, and shopping data for this route.

Floor Plans

Tower View

FAQs

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