Unit at Reflections at Keppel Bay on the market for $2.15 mil
A two bedroom apartment at Reflections at Keppel Bay, located on Keppel Bay View in Area 4, is available for sale under discreet treaty at $Two point One Five million, according to Edmund Tie, that has already gotten designated advertising professional from the financial institution handling the mortgagee purchase.
The ground storey apartment, that stretches over 1thousand 2hundred 81 square foot, delivers a “appreciable” deck. It appropriates for family members with youngsters or household pets as the space may be utilised as a backyard, mentions Joy Tan, snr director, head of A & S at Edmund Tie.
Apartments of the identical specifications at the development have fetched rents of $4thousand 3hundred to $6,200 from October to December2021, based on Urban Redevelopment Authority caveats lodged. Even so, considering that Reflections at Keppel Bay is a mega property along with 1,129 apartments, “rental fees for similar specifications apartments might differ as a result of the unit’s view.
“The development becomes part of the publicized arrangements of the GSW City, and are going to quite possibly see investment gain ahead given that the government injects more live-work-play locations and also amenities into the location,” Joy adds.
Tan feels that the unit is going to be appealing to both investors along with owner-occupiers.
The most recent purchase over at the property development performed 30Demember last yr, when a 1,152 square foot apartment in the 8th level shifted owner for $Two point Zero Six mil. Earlier in Dec, on 7Dec, a 2.626K square feet apartment at the 11 floor was transacted at $4.14 mil, accorded to URA cautions logged in.
The property is only a seven-minute walk to Telok Blangah MRT Terminal on the Circle Line. Recreational centers together with walking routes in close proximity to the property include Keppel Club, Mount Faber and also Labrador Nature Reserve.
