Unit at Reflections at Keppel Bay on the market for $2.15 mil
A 2 bedroom apartment at Reflections at Keppel Bay, positioned on Keppel Bay View in Area 4, is out for sale under confidential negotiation at $Two point One Five mil, depending on to Edmund Tie, which has actually been designated advertising professional from the bank handling the mortgagee purchase.
The ground floor apartment, which stretches over 1.281K square feet, offers a “desirable dimension” patio area. It appropriates for family members having children or pets since the spot can be made use of as a play area, claims Joy Tan, snr dir, head of A & S at Edmund Tie.
Apartments of the similar measurements at the property development have already brought rents of $4,300 to $6.2K from Oct to December2021, based upon Urban Redevelopment Authority cautions listed. Having said that, since Reflections at Keppel Bay is a mega property development with 1thousand 1hundred 29 units, “rents for similar sizing apartments would fluctuate due to the apartment’s view.
“The property development is part of the publicized plannings of the GSW City, also may quite possibly see resources appreciation in the future while the govt infuses extra live-work-play facilities as well as services right into the spot,” she says further.
Tan strongly believes the apartment will definitely be eye-catching to both investors along with owner-occupiers.
One of the most recent deal by the property development performed 30 Dec last year, when an One thousand One hundred Fifty Two square feet apartment in the 8th floor altered owner for $Two point Zero Six mil. Much earlier in Dec, on 7 Dec, a 2thousand 6hundred 26 square foot apartment on the 11th storey got marketed at $Four point One Four million, accorded to URA interest logged in.
The development is only a 7 minute stretch to Telok Blangah train Terminal on the Circle Line. Leisure amenities as well as hiking trails close to the development consist of Keppel Club, Mount Faber plus Labrador Nature Reserve.
