Unit at Reflections at Keppel Bay on the market for $2.15 mil
A two-bedroom apartment at Reflections at Keppel Bay, located on Keppel Bay View in District Four, is up for transaction under confidential treaty at $2.15 mil, depending on to Edmund Tie, which has already been designated marketing agent by the bank handling the mortgagee purchase.
The ground-floor unit, which extends 1.281K square foot, presents a “good sizing” outdoor patio. It is desirable for households having kids or family pets since the area can be utilized as a play area, mentions Joy Tan, senior director, head of auction and sales at Edmund Tie.
Apartments of the identical sizing at the development have already fetched rentals of $4.3K to $6thousand 2hundred from Oct to Dec2021, based upon Urban Redevelopment Authority interests registered. Nonetheless, since Reflections at Keppel Bay is a huge development by having 1.129K units, “lease for comparable sizing units might differ because of the unit’s view.
“The development becomes part of the announced arrangements of the GSW City, furthermore are going to probably see capital growth in future given that the govt injects extra live-work-play locations plus conveniences toward the community,” she says further.
Tan strongly believes the apartment will certainly be attractive to both capitalists together with owner-occupiers.
One of the most recent deal of the property was on Dec30 2021, when a 1.152K sq ft apartment at the 8th floor switched hands for $Two point Zero Six million. Previously that month, on 7 December, a 2thousand 6hundred 26 square feet unit at the 11 storey got transacted at $4.14 million, based upon Urban Redevelopment Authority cautions registered.
The property development is a seven minute stretch to Telok Blangah Mass Rapid Transit Station along the Circle Line. Recreational centers together with hiking tracks around the development include things like Keppel Club, Mt Faber as well as Labrador Nature Reserve.