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

A 2 bedroom apartment at Reflections at Keppel Bay, placed along Keppel Bay View in Area Four, is out for transaction under reserved negotiation at $Two point One Five million, according to Edmund Tie, that has actually gotten designated promoting rep from the financial institution taking on the mortgagee transaction.

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The 1st floor unit, that stretches over 1,281 square foot, uses a “good-sized” balcony. It is ideal for households having little ones or pets since the area could be utilized as a fun area, claims Joy Tan, snr dir, head of A & S at Edmund Tie.

Units of the same specifications at the property development have already yielded rents of $4,300 to $6,200 from October to Dec’21, depended on Urban Redevelopment Authority interests logged in. On the other hand, as Reflections at Keppel Bay is an ultra development by having 1.129K units, “rents for identical dimension units would vary caused by the apartment’s facing.

“The development becomes part of the released strategies of the GSW City, and may most likely see finances growth in future since the government places much more living work recreation centers plus enhancements in to the neighborhood,” Joy includes.

Tan trusts the apartment will definitely be captivating to both of these investors along with owner-occupiers.

The most recent transaction by the property went on 30 December ’21, when an One thousand One hundred Fifty Two sq ft unit at the eighth storey replaced hands for $2.06 million. Beforehand that month, on 7December, a Two thousand Six hundred Twenty Six sq ft unit on the 11 storey was actually marketed at $Four point One Four million, accorded to URA cautions listed.

The property development is only a seven-minute stroll to Telok Blangah Mass Rapid Transit Station bby the Circle Line. Recreational establishments and walking routes close-by the development include Keppel Club, Mt Faber also Labrador Nature Reserve.

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