Unit at Reflections at Keppel Bay on the market for $2.15 mil
A 2 bedroom apartment at Reflections at Keppel Bay, located along Keppel Bay View in Area 4, is available for transaction under discreet treaty at $2.15 million, basing on to Edmund Tie, that has actually gotten delegated promoting professional by the bank dealing with the mortgagee deal.
The first storey apartment, which stretches over 1,281 sq ft, presents a “appreciable” balcony. It appropriates for family members having kids or animals considering that the space could be utilized as a backyard, shares Joy Tan, snr director, head of A&S at Edmund Tie.
Units of the same size at the property development have already yielded rentals of $4,300 to $Six thousand Two hundred from October to December’21, accorded to Urban Redevelopment Authority cautions lodged. Nevertheless, considering that Reflections at Keppel Bay is a huge property along with 1thousand 1hundred 29 units, “rental fees for similar measurements apartments might fluctuate due to the apartment’s view.
“The property development belongs to the announced arrangements of the Greater Southern Waterfront City, and may probably see financing gain ahead as the govt inserts extra live-work-play centers plus enhancements toward the community,” Joy includes.
Tan considers the apartment will definitely be appealing to the two real estate investors including owner-occupiers.
One of the most recent transaction for the property development performed 30Dec last yr, while a 1thousand 1hundred 52 sq ft unit in the 8th floor shifted hands for $Two point Zero Six mil. Much earlier that month, on 7Dec, a 2,626 sq ft unit at the 11th level was offered at $4.14 mil, based upon Urban Redevelopment Authority interest lodged.
The property is a seven-minute walk to Telok Blangah Mass Rapid Transit Station along the Circle Line. Recreational centers and marching trails close to the property development entail Keppel Club, Mount Faber as well as Labrador Nature Reserve.