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

A two-bedroom unit at Reflections at Keppel Bay, nestled on Keppel Bay View in District Four, is available for purchase under reserved treaty at $Two point One Five mil, basing on to Edmund Tie, that has actually gotten designated promoting representative from the financial institution taking on the mortgagee deal.

Mori Floor Plan

The ground-floor apartment, which extends 1thousand 2hundred 81 sq ft, offers a “great dimension” patio area. It appropriates for households with little ones or animals considering that the spot can be used as a play spot, points out Joy Tan, snr dir, head of A & S at Edmund Tie.

Units about the same sizing at the development have actually fetched rentals of $4,300 to $Six thousand Two hundred from October to Dec’21, based upon Urban Redevelopment Authority cautions lodged. Even so, as Reflections at Keppel Bay is a huge property development with 1thousand 1hundred 29 units, “rents for similar sizing apartments may fluctuate because of the unit’s view.

“The property belongs to the publicized plannings of the GSW City, also are going to likely see financing appreciation in the future since the government adds a lot more stay work play facilities plus features into the community,” she continues.

Tan thinks the unit will certainly be attractive to both of these investors and owner-occupiers.

The most recent deal of the development went on Dec30 2K21, while a 1.152K sq ft apartment on the eighth floor replaced hands for $Two point Zero Six million. Beforehand in Dec, on Dec 7, a 2thousand 6hundred 26 square feet unit on the eleven floor was offered at $Four point One Four million, based on Urban Redevelopment Authority interest listed.

The development is only a seven-minute walk to Telok Blangah Mass Rapid Transit Terminal on the Circle Line. Leisure centers plus hiking routes close-by the property development include Keppel Club, Mt Faber and Labrador Park.

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