A two-bedroom unit at Reflections at Keppel Bay, placed along Keppel Bay View in Area Four, is up for sale under reserved arrangement at $Two point One Five million, depending on to Edmund Tie, which has actually gotten delegated marketing representative from the financial institution taking care of the mortgagee sale.
The ground-floor apartment, that covers One thousand Two hundred Eighty One sq ft, delivers a “good-sized” outdoor patio. It appropriates for households having youngsters or animals as the space may be utilized as a fun area, shares Joy Tan, snr director, head of auction and sales at Edmund Tie.
Apartments about the comparable specifications at the property development have actually obtained lease payments of $4.3K to $6,200 from October to December’21, accorded to Urban Redevelopment Authority caveats listed. Even so, as Reflections at Keppel Bay is a huge property development with 1.129K apartments, “rental fees for similar measurements apartments will range because of the apartment’s frontage.
“The development becomes part of the disclosed plans of the Greater Southern Waterfront City, and are going to possibly see resources appreciation down the road while the government includes much more living work fun centers and conveniences right into the place,” she continues.
Tan feels that the unit definitely will be appealing to the two capitalists including owner-occupiers.
The most present transaction by the property performed 30Dec 2021, when an One thousand One hundred Fifty Two square feet unit on the eighth floor switched hands for $2.06 million. Earlier that month, on 7December, a Two thousand Six hundred Twenty Six square foot unit at the 11th storey was actually marketed at $4.14 mil, accorded to URA caveats listed.
The property development is merely a seven min stroll to Telok Blangah MRT Terminal on the Circle Line. Recreational centers and hiking routes neighboring the property feature Keppel Club, Mount Faber as well as Labrador Park.