Unit at Reflections at Keppel Bay on the market for $2.15 mil
A two-bedroom unit at Reflections at Keppel Bay, based along Keppel Bay View in District 4, is available for sale under reserved negotiation at $Two point One Five mil, according to Edmund Tie, which has actually been delegated advertising representative from the financial institution dealing with the mortgagee deal.
The ground level unit, that covers 1thousand 2hundred 81 square feet, features a “good-sized” balcony. It is practical for households having little ones or household pets considering that the space could be made use of as a backyard, shares Joy Tan, snr director, head of A & S at Edmund Tie.
Apartments about the comparable measurements at the property have actually obtained lease payments of $4,300 to $6,200 from October to December’21, accorded to Urban Redevelopment Authority cautions listed. Having said that, since Reflections at Keppel Bay is a mega property by having 1,129 apartments, “lease payments for equivalent sizing apartments will range caused by the unit’s view.
“The property development becomes part of the disclosed plannings of the GSW City, furthermore will most likely see financing appreciation eventually given that the govt infuses much more live-work-play facilities plus enhancements within the community,” she includes.
Tan thinks the apartment definitely will be tempting to the two investors together with 0owner-occupiers.
The most present transaction at the property went on 30 December ’21, when a 1.152K sq ft apartment in the 8th storey altered hands for $Two point Zero Six mil. Much earlier in December, on 7 December, a 2thousand 6hundred 26 sq ft apartment on the eleven floor was actually transacted at $4.14 mil, based upon Urban Redevelopment Authority caveats registered.
The development is a seven-minute stroll to Telok Blangah train Terminal along the Circle Line. Weekend establishments as well as hiking routes nearby the property development feature Keppel Club, Mt Faber also Labrador Park.