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 District Four, is available for deal under reserved treaty at $2.15 mil, depending on to Edmund Tie, which has gotten selected marketing operator from the financial institution taking on the mortgagee purchase.
The ground-floor unit, that covers 1.281K sq ft, uses a “good-sized” balcony. It appropriates for family members having little ones or pets since the space could be made use of as a backyard, states Joy Tan, senior director, head of A&S at Edmund Tie.
Units about the comparable specifications at the development have already produced rental fees of $4thousand 3hundred to $6.2K from October to Dec ’21, accorded to Urban Redevelopment Authority interests registered. Nevertheless, as Reflections at Keppel Bay is a huge property development by having 1,129 apartments, “lease payments for similar specifications apartments might fluctuate caused by the unit’s view.
“The development is part of the announced plannings of the GSW City, also may possibly see capital rise ahead while the government places a lot more live-work-play locations and also improvements right into the neighborhood,” she includes.
Tan strongly believes the unit will be attractive to both of these investors including owner-occupiers.
The most present transaction for the property development performed Dec 30 ’21, while an One thousand One hundred Fifty Two sq ft unit in the eighth floor replaced owner for $Two point Zero Six million. Beforehand that month, on 7 December, a Two thousand Six hundred Twenty Six square foot apartment on the 11th floor got offered at $4.14 mil, based upon Urban Redevelopment Authority interest registered.
The development is merely a 7 minute stretch to Telok Blangah train Terminal on the Circle Line. Weekend establishments together with walking trails close to the property feature Keppel Club, Mt Faber also Labrador Park.