Unit at Reflections at Keppel Bay on the market for $2.15 mil
A two-bedroom unit at Reflections at Keppel Bay, nestled along Keppel Bay View in District 4, is available for transaction under confidential treaty at $2.15 mil, basing on to Edmund Tie, which has been assigned promoting professional by the financial institution managing the mortgagee deal.
The first floor apartment, that covers 1,281 square foot, presents a “favorable dimension” patio. It appropriates for family members with little ones or household pets as the space may be made use of as a play space, shares Joy Tan, snr dir, head of A&S at Edmund Tie.
Apartments about the identical size at the property development have actually fetched lease of $4thousand 3hundred to $6.2K from Oct to Dec2021, based on Urban Redevelopment Authority cautions logged in. Having said that, since Reflections at Keppel Bay is a mega property development along with 1,129 apartments, “rents for comparable specifications units will range because of the unit’s view.
“The property is part of the introduced plans of the Greater Southern Waterfront City, and may possibly see financing inflation ahead while the government places much more live-work-play locations as well as amenities toward the area,” she says further.
Tan thinks the unit will certainly be captivating to both capitalists as well as owner-occupiers.
One of the most recent deal at the property development went on 30 December 2K21, when an One thousand One hundred Fifty Two sq ft unit at the 8th storey altered owner for $2.06 mil. Beforehand that month, on Dec7, a 2,626 square foot unit on the 11 level got marketed at $4.14 mil, based on Urban Redevelopment Authority interest lodged.
The property is a seven-minute walk to Telok Blangah train Terminal on the Circle Line. Entertainment amenities together with marching trails close-by the property include things like Keppel Club, Mount Faber also Labrador Nature Reserve.