99-yearCCRDistrict 4 (Southern Islands)

Cape Royale

Reviewed by Nathan TangUpdated 10 August 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 292 units for sale from S$3.39M to S$11.88M. The lease has approximately 81 years remaining.

1

What are the key facts about Cape Royale?

Key Takeaway

Cape Royale is a 99-year condominium in District 4 (Southern Islands) that obtained TOP in 2013, with 302 units across 8 blocks.

Tenure
99-year
TOP / Completion
2013
Developer
PINNACLE (SENTOSA) PTE LTD
Total units
302
Blocks
8
District / Area
District 4 (Southern Islands)
Market segment
CCR
Median PSF
S$2,213 psf
Last transacted
Jun 2026
Remaining lease
≈ 81 years
2

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$10,080

1,784 rentals on record

Gross rental yield

2.2%

indicative, gross

Units currently for sale are asking a median of S$2,127 psf — about 4% below the most recent transacted PSF.

Source: URA caveat data, through Jun 2026.

3

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$6,061,0002,508S$2,417 psf
Oct 2025S$4,217,0001,905S$2,213 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 1,784 rentals on record since Jun 2022. Source: URA.

4

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.

5

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

18,850

all-time · all property types

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

6

What bedroom types are available at Cape Royale?

Key Takeaway

Cape Royale has 292 units listed for sale, spanning 0–6-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
0-bedroom1S$5.30M–S$5.30MS$2,009 psf
1-bedroom5S$3.49M–S$7.20M
3-bedroom175S$3.39M–S$7.25MS$2,119 psf
4-bedroom110S$3.40M–S$11.88MS$2,193 psf
6-bedroom1S$7.02M–S$7.02M
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

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

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…
10

Frequently asked questions about Cape Royale

How much does a unit at Cape Royale cost?

Units at Cape Royale have recently transacted around S$5.54M (S$2,213 psf), from 117 sales on record (URA caveats). The exact price depends on size, floor and facing.

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.

Is Cape Royale a good investment?

Gross rental yield is about 2.2%, and current asking prices sit about 4% below the most recent transacted PSF; median PSF has risen about 4% since 2022. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at Cape Royale going up?

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

Is Cape Royale freehold or leasehold?

Cape Royale is 99-year, with approximately 81 years remaining on the lease.

When was Cape Royale built and who developed it?

Cape Royale obtained TOP in 2013, developed by PINNACLE (SENTOSA) PTE LTD, with 302 units across 8 blocks.

How many units are for sale at Cape Royale?

There are 292 units for sale at Cape Royale, from S$3.39M to S$11.88M.

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