Unit at Reflections at Keppel Bay on the market for $2.15 mil

A 2 bed room apartment at Reflections at Keppel Bay, located on Keppel Bay View in District 4, is out for purchase under exclusive negotiation at $2.15 million, depending on to Edmund Tie, that has already been appointed marketing professional by the financial institution handling the mortgagee purchase.

The ground-floor apartment, that covers One thousand Two hundred Eighty One sq ft, provides a “great dimension” patio. It is effective for families with children or pets since the area could be utilised as a fun spot, states Joy Tan, snr dir, head of auction and sales at Edmund Tie.

Piccadilly Grand Floor Plan

Apartments about the same size at the development have already brought rentals of $4thousand 3hundred to $6,200 from Oct to Dec2021, depended on URA caveats listed. However, as Reflections at Keppel Bay is a mega property by having 1.129K apartments, “lease for similar specifications apartments will differ caused by the unit’s frontage.

“The property development becomes part of the revealed plannings of the GSW City, and are going to most likely see resources appreciation ahead since the government adds far more live-work-play centers and conveniences right into the area,” Joy says further.

Tan trusts the apartment definitely will be attractive to the two real estate investors and owner-occupiers.

The most latest transaction over at the property went on Dec30 2021, while an One thousand One hundred Fifty Two square foot apartment on the eighth storey replaced hands for $2.06 mil. Previous in December, on Dec7, a 2,626 sq ft unit on the 11th floor was actually sold off at $Four point One Four mil, accorded to Urban Redevelopment Authority interest logged in.

The development is merely a seven minute stroll to Telok Blangah MRT Terminal on the Circle Line. Recreational amenities as well as strolling trails near the development include Keppel Club, Mt Faber and Labrador Park.