Unit at Reflections at Keppel Bay on the market for $2.15 mil
A two-bedroom apartment at Reflections at Keppel Bay, found on Keppel Bay View in Area Four, is available for transaction under reserved treaty at $Two point One Five mil, according to Edmund Tie, that has been appointed promoting rep by the bank dealing with the mortgagee transaction.
The ground-floor unit, that stretches over 1.281K square foot, delivers a “appreciable” outdoor patio. It appropriates for households with children or family pets since the spot could be made use of as a backyard, reports Joy Tan, senior director, head of auction and sales at Edmund Tie.
Units of the comparable size at the property development have already fetched rents of $4,300 to $Six thousand Two hundred from October to December2021, accorded to Urban Redevelopment Authority caveats lodged. However, considering that Reflections at Keppel Bay is a mega development with One thousand One hundred Twenty Nine apartments, “lease for equivalent sizing apartments may differ because of the unit’s view.
“The property is part of the publicized strategies of the Greater Southern Waterfront City, furthermore will probably see investment appreciation ahead since the government includes much more living work recreation locations and enhancements inside the area,” Joy adds.
Tan believes the apartment will certainly be attractive to both of these financiers including owner-occupiers.
The most up to date transaction for the property development went on Dec 30 last year, while a 1,152 square foot apartment at the 8th storey turned hands for $2.06 mil. Previous in December, on 7December, a Two thousand Six hundred Twenty Six sq ft unit on the eleven floor was sold off at $Four point One Four mil, based on Urban Redevelopment Authority interest listed.
The property is a seven-minute stretch to Telok Blangah Mass Rapid Transit Station on the Circle Line. Family facilities and walking routes nearby the development include things like Keppel Club, Mount Faber and Labrador Park.