Unit at Reflections at Keppel Bay on the market for $2.15 mil
A two-bedroom apartment at Reflections at Keppel Bay, based on Keppel Bay View in District 4, is available for purchase under confidential negotiation at $2.15 mil, according to Edmund Tie, that has been appointed promoting professional by the bank handling the mortgagee sale.
The ground-floor unit, which spans 1,281 square feet, supplies a “favorable measurements” patio area. It is desirable for families having little ones or family pets as the area may be utilized as a fun spot, points out Joy Tan, snr dir, head of A&S at Edmund Tie.
Apartments of the identical dimension at the development have actually obtained rentals of $4thousand 3hundred to $Six thousand Two hundred from Oct to December2021, accorded to URA caveats lodged. On the other hand, as Reflections at Keppel Bay is a mega development with 1.129K apartments, “rents for identical specifications apartments will differ as a result of the apartment’s facing.
“The property development becomes part of the announced plannings of the GSW City, and will most likely see resources gain in future given that the govt adds far more live-work-play locations plus enhancements into the place,” Joy adds.
Tan believes the unit will certainly be eye-catching to both financiers together with owner-occupiers.
One of the most recent deal by the property went on Dec 30 ’21, while an One thousand One hundred Fifty Two square foot unit at the eighth floor turned hands for $2.06 million. Beforehand in Dec, on 7December, a 2,626 sq ft unit on the eleven floor was actually transacted at $Four point One Four mil, accorded to URA interest registered.
The development is merely a seven-minute walk to Telok Blangah MRT Station along the Circle Line. Leisure facilities as well as strolling tracks near the property consists of Keppel Club, Mt Faber and Labrador Nature Reserve.