Unit at Reflections at Keppel Bay on the market for $2.15 mil
A two-bedroom unit at Reflections at Keppel Bay, placed along Keppel Bay View in District Four, is out for sale under reserved arrangement at $Two point One Five million, basing on to Edmund Tie, that has been designated promoting representative by the bank handling the mortgagee purchase.
The ground-floor apartment, which extends One thousand Two hundred Eighty One sq ft, presents a “appreciable” deck. It is appropriate for family members having little ones or animals since the space can be made use of as a play area, says Joy Tan, senior director, head of A&S at Edmund Tie.
Apartments of the equivalent measurements at the property have actually earned lease payments of $4,300 to $Six thousand Two hundred from Oct to December2021, accorded to URA interests logged in. Having said that, as Reflections at Keppel Bay is an ultra property development with One thousand One hundred Twenty Nine units, “rental fees for identical measurements units might vary due to the unit’s facing.
“The property development is part of the released plans of the Greater Southern Waterfront City, and are going to undoubtedly see capital appreciation eventually while the government inserts a lot more living work fun locations plus amenities within the location,” Joy adds.
Tan thinks the apartment will definitely be captivating to both capitalists and also owner-occupiers.
The most present deal at the property was on 30Demember last yr, when a 1.152K square foot unit in the eighth storey turned owner for $2.06 mil. Beforehand in December, on December7, a 2.626K square foot unit on the 11 level got sold off at $4.14 million, based on Urban Redevelopment Authority caveats registered.
The property development is a seven-minute walk to Telok Blangah Mass Rapid Transit Station along the Circle Line. Recreational amenities plus strolling tracks close-by the development consist of Keppel Club, Mt Faber also Labrador Park.