Unit at Reflections at Keppel Bay on the market for $2.15 mil
A two-bedroom unit at Reflections at Keppel Bay, situated along Keppel Bay View in Area 4, is up for sale under private arrangement at $2.15 million, basing on to Edmund Tie, that has actually been delegated marketing rep from the bank taking on the mortgagee transaction.
The ground-floor unit, that extends 1,281 sq ft, offers a “appreciable” patio area. It is effective for family members with little ones or family pets considering that the area may be utilised as a backyard, points out Joy Tan, snr dir, head of auction and sales at Edmund Tie.
Apartments about the equivalent specifications at the development have already fetched rents of $4.3K to $6thousand 2hundred from Oct to Dec2021, accorded to Urban Redevelopment Authority caveats registered. However, considering that Reflections at Keppel Bay is a mega property development with 1,129 apartments, “lease payments for comparable sizing apartments will vary because of the apartment’s view.
“The development is part of the introduced strategies of the Greater Southern Waterfront City, and may likely see investment gain down the road given that the govt includes more living work fun locations and improvements toward the spot,” Joy continues.
Tan thinks the unit is going to be attractive to the two capitalists together with owner-occupiers.
One of the most present purchase over at the development performed December30 2K21, while a 1,152 square foot apartment at the 8th level turned owner for $Two point Zero Six mil. Beforehand in Dec, on 7 December, a Two thousand Six hundred Twenty Six square foot apartment on the 11 level happened to be sold off at $Four point One Four million, accorded to URA interest listed.
The development is only a seven-minute walk to Telok Blangah train Terminal on the Circle Line. Recreational facilities together with walking tracks around the property entail Keppel Club, Mt Faber plus Labrador Park.