Unit at Reflections at Keppel Bay on the market for $2.15 mil

A 2 bed room unit at Reflections at Keppel Bay, located on Keppel Bay View in District Four, is up for transaction under reserved arrangement at $Two point One Five mil, depending on to Edmund Tie, that has gotten assigned marketing professional from the financial institution handling the mortgagee purchase.

The 1st storey unit, that spans 1thousand 2hundred 81 square feet, uses a “appreciable” outdoor patio. It is desirable for households with youngsters or household pets as the area may be used as a fun area, claims Joy Tan, senior director, head of A & S at Edmund Tie.

The Avenir Floor Plan

Apartments of the similar dimension at the property development have fetched rents of $4thousand 3hundred to $Six thousand Two hundred from October to Dec2021, based on Urban Redevelopment Authority cautions registered. However, since Reflections at Keppel Bay is a huge development with One thousand One hundred Twenty Nine apartments, “rents for similar sized apartments will range because of the apartment’s frontage.

“The development is part of the disclosed plans of the GSW City, also will most likely see finances appreciation in future as the govt includes extra live-work-play centers and also services in to the neighborhood,” Joy adds.

Tan considers the unit definitely will be captivating to both investors along with owner-occupiers.

The most present deal of the property was on 30 Dec last year, when a 1thousand 1hundred 52 square foot unit on the eighth level changed hands for $Two point Zero Six mil. Previous in Dec, on 7 Dec, a Two thousand Six hundred Twenty Six square feet apartment at the 11 storey was offered at $4.14 mil, based on URA caveats listed.

The property development is merely a seven-minute stretch to Telok Blangah train Station along the Circle Line. Family facilities together with walking tracks nearby the property consists of Keppel Club, Mount Faber as well as Labrador Nature Reserve.

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