99-yearCCRDistrict 4 (Southern Islands)

Cape Royale

Reviewed by Nathan TangUpdated 24 September 2026Data through Jun 2026 (URA)
Quick Summary

Cape Royale is a 99-year condominium in District 4 (Southern Islands) that obtained TOP in 2013, with 302 units across 8 blocks. Across 117 transactions on record, units have recently transacted around S$5.54M (S$2,213 psf, ~2,508 sqft). There are 347 units for sale from S$3.40M to S$27.50M. The lease has approximately 81 years remaining.

Key facts about Cape Royale
Tenure99-year leasehold from 2008 (≈81 years left)
TOP year2013
DeveloperPINNACLE (SENTOSA) PTE LTD
Units302 in 8 blocks
District and areaDistrict 4 · Southern Islands · CCR
Latest median psfS$2,213 psf, last 12 URA caveats to Jun 2026
1

What's for sale and for rent at Cape Royale?

Key Takeaway

Cape Royale has 347 units listed for sale, asking S$3.40M to S$27.50M (median S$2,096 psf), and 18 units for rent at a median of S$20,000 a month.

For sale

347 listings

S$3.40M – S$27.50M

For rent

18 listings

S$11,000 – S$23,800 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom8S$3.49M–S$7.20M
3-bedroom204S$3.45M–S$7.53MS$2,096 psf
4-bedroom134S$3.40M–S$10.99MS$2,129 psf
6-bedroom1S$27.50M–S$27.50M

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Cape Royale?

Key Takeaway

Floor plans for Cape Royale aren't in PropKaki's library yet. Across 117 URA caveats, units range from 1,679 sqft to 4,812 sqft, and the middle half are 1,905 sqft to 2,508 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom1,679 sqft to 3,391 sqftS$3.49M
3-bedroom1,679 sqft to 3,397 sqftS$3.45M · S$2,096 psf
4-bedroom1,679 sqft to 4,811 sqftS$3.40M · S$2,129 psf
6-bedroom7,413 sqftS$27.50M

Check the Floor Plan Finder for Cape Royale →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Cape Royale?

Key Takeaway

Units have recently transacted around S$5.54M (S$2,213 psf), at a gross rental yield of about 2.2% (URA caveat data).

Recent median price

S$5.54M

recent · 117 sales on record

Median PSF

S$2,213 psf

recent transactions

Median rent (monthly)

S$10,107

1,796 rentals on record

Gross rental yield

2.2%

indicative, gross

Units currently for sale are asking a median of S$2,096 psf — about 5% below the most recent transacted PSF.

Source: URA caveat data, through Jun 2026.

4

What has recently sold at Cape Royale?

Key Takeaway

Cape Royale has 117 recorded sales; the most recent transacted at S$3,700,000 in Jun 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jun 2026S$3,700,0001,722S$2,148 psf
Nov 2025S$5,574,0002,508S$2,222 psf
Oct 2025S$4,217,0001,905S$2,213 psf
Oct 2025S$6,061,0002,508S$2,417 psf
Jul 2025S$5,339,0002,508S$2,129 psf
Jul 2025S$5,472,0002,508S$2,182 psf
Jul 2025S$4,396,0001,905S$2,307 psf
May 2025S$5,540,0002,530S$2,190 psf
Apr 2025S$5,656,0002,508S$2,255 psf
Apr 2025S$5,649,7002,508S$2,253 psf
Mar 2025S$5,867,2602,508S$2,339 psf
Feb 2025S$10,437,0004,768S$2,189 psf

117 sales and 1,796 rentals on record since Jun 2022. Source: URA.

5

Are prices at Cape Royale rising?

Key Takeaway

The median transacted PSF at Cape Royale has risen 4% over the past 3 years (20222025), from S$2,173 psf to S$2,253 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2025S$2,253 psfS$5.65M13+0.9%
2024S$2,234 psfS$4.37M15+0.7%
2023S$2,218 psfS$5.54M42+2.1%
2022S$2,173 psfS$4.30M46

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Cape Royale a good investment?

Key Takeaway

Cape Royale has no resales on record yet, so it has no track record of its own. Across District 4, 74% of 4,305 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 15% over a median 6.5-year hold (URA caveats, before costs). Its gross rental yield is about 2.2%. Units listed now ask about 5% less per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

District 4 sold for more

74%

of 4,305 private resales

Median gain

15%

gross, before costs

Median hold

6.5 years

bought to resold

Cape Royale has fewer than 10 matched resales, so the figures are for District 4 as a whole. Check the odds for your unit size and holding period →

7

Where is Cape Royale and what's nearby?

Key Takeaway

Cape Royale is located in Southern Islands, in the Central Region of Singapore.

Cape Royale is a 99-year condominium completed in 2013. It was developed by PINNACLE (SENTOSA) PTE LTD. The development has 302 residential units. It sits on a land area of 21,523 sqm and has a gross floor area of 61,600 sqm. The plot ratio is 2.86.

CAPE ROYALE is located at 23 Cove Way, Singapore 098202. It is part of District 04, Telok Blangah / Harbourfront, Southern Islands. The project falls within the Central Region and the CCR market segment.

Nearby amenities include COLD STORAGE SINGAPORE (1983) PTE LTD for groceries.

8

Who built Cape Royale and how big is the development?

Key Takeaway

Cape Royale was developed by PINNACLE (SENTOSA) PTE LTD, with 302 units over up to 18 storeys.

Developer
PINNACLE (SENTOSA) PTE LTD
Floors
18 storeys
Blocks
8
Land area
21,523 sqm (231,671 sqft)
Gross floor area
61,600 sqm (663,056 sqft)
Plot ratio
2.86
9

What does it cost to own a unit at Cape Royale?

Key Takeaway

Buying a unit at Cape Royale (~S$5.54M) needs about S$40,554/mo in income and S$18,658/mo in repayments, after S$272,000 stamp duty and a S$1.39M downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$5.54M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$272,000

BSD, tiered

Downpayment (25%)

S$1.39M

cash + CPF

Monthly instalment

S$18,658/mo

30y @ 3.5%

Income required

S$40,554/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

10

How many property agents are active around Cape Royale?

Key Takeaway

4,210 CEA-registered agents closed at least one recorded deal in District 4 — where Cape Royale sits — in the last 12 months, across all property types.

Active agents · 12mo

4,210

District 4 · closed ≥1 deal

Deals on record

18,866

all-time · all property types

Source: CEA public transaction records, attributed to District 4 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Cape Royale? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Cape Royale's own transactions.

PropKaki
Is Cape Royale a good buy, and what are units selling for?

Recent units at Cape Royale sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
11

Frequently asked questions about Cape Royale

Is Cape Royale freehold?

No. Cape Royale is on a 99-year lease that started in 2008, with about 81 years left.

How old is Cape Royale?

Cape Royale was completed (obtained TOP) in 2013, so it is about 13 years old.

Is Cape Royale a good investment?

Cape Royale has no resales on record yet, so it has no track record of its own. Across District 4, 74% of 4,305 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 15% over a median 6.5-year hold (URA caveats, before costs). Its gross rental yield is about 2.2%. Units listed now ask about 5% less per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Cape Royale an EC?

No. Cape Royale is a private condominium, not an executive condominium (EC).

Who is the developer of Cape Royale?

Cape Royale was developed by PINNACLE (SENTOSA) PTE LTD.

What is the price of a condo at Cape Royale?

Units at Cape Royale have recently sold for around S$5.54M (S$2,213 psf), the median of the last 12 URA caveats to Jun 2026. The price depends on size, floor and facing. 347 units are listed for sale from S$3.40M to S$27.50M.

Where is Cape Royale located?

Cape Royale is at 23 Cove Way, Singapore 098202, in Southern Islands (District 4).

How many units are there in Cape Royale?

Cape Royale has 302 units in 8 blocks, up to 18 storeys high.

How much do I need to earn to buy at Cape Royale?

For a unit around S$5.54M as a first home, you'd need roughly S$40,554/mo in income (assessed at the stress-test rate), with repayments near S$18,658/mo after a S$1.39M (25%) downpayment and S$272,000 Buyer's Stamp Duty.

Are prices at Cape Royale going up?

The median price per square foot at Cape Royale has risen about 4% between 2022 and 2025, based on URA caveats. The year-by-year figures are in the price-trend table above.