Unit at Reflections at Keppel Bay on the market for $2.15 mil
A 2 bedroom apartment at Reflections at Keppel Bay, found along Keppel Bay View in District 4, is available for deal under private treaty at $2.15 million, basing on to Edmund Tie, that has gotten appointed advertising agent from the bank managing the mortgagee sale.
The 1st floor apartment, which spans 1.281K sq ft, features a “good-sized” deck. It is suitable for family members having youngsters or family pets considering that the space could be utilised as a fun spot, points out Joy Tan, snr director, head of auction and sales at Edmund Tie.
Apartments about the similar dimension at the development have obtained rental fees of $4,300 to $6.2K from October to December’21, accorded to Urban Redevelopment Authority interests registered. Nonetheless, considering that Reflections at Keppel Bay is an ultra development along with 1thousand 1hundred 29 units, “lease payments for similar measurements apartments may fluctuate caused by the apartment’s frontage.
“The property becomes part of the introduced plannings of the GSW City, and also are going to very likely see resources inflation in the future given that the govt places extra live-work-play centers and also conveniences right into the vicinity,” Joy adds.
Tan considers the unit will be attractive to both investors together with owner-occupiers.
One of the most recent transaction at the development went on 30Demember 2021, while a 1,152 square foot unit in the eighth storey altered hands for $2.06 mil. Much earlier in Dec, on Dec7, a 2.626K square foot apartment at the eleven floor got marketed at $Four point One Four mil, based upon URA caveats lodged.
The property development is a seven min stretch to Telok Blangah train Station along the Circle Line. Recreational facilities together with hiking trails in close proximity to the property development include Keppel Club, Mt Faber as well as Labrador Park.