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

A two bedroom unit at Reflections at Keppel Bay, located on Keppel Bay View in District Four, is available for purchase under personal negotiation at $2.15 mil, according to Edmund Tie, which has already been chosen advertising operator by the bank managing the mortgagee deal.

The Florence Residences Floor Plan

The ground-floor apartment, that covers 1.281K square feet, presents a “favorable sizing” balcony. It is suitable for households having children or family pets since the spot may be made use of as a backyard, states Joy Tan, senior dir, head of auction and sales at Edmund Tie.

Apartments about the equivalent sizing at the property development have already fetched rentals of $4thousand 3hundred to $6,200 from October to Dec2021, accorded to Urban Redevelopment Authority interests logged in. However, since Reflections at Keppel Bay is an ultra property development by having 1thousand 1hundred 29 apartments, “lease for equivalent sizing units might differ because of the unit’s view.

“The property development belongs to the revealed strategies of the Greater Southern Waterfront City, and are going to probably see finances rise eventually as the govt adds extra live-work-play facilities and conveniences in to the vicinity,” Joy continues.

Tan feels that the apartment will definitely be appealing to both of these capitalists as well as owner-occupiers.

The most latest transaction by the property was on 30 Dec last yr, when an One thousand One hundred Fifty Two square foot unit on the eighth floor switched owner for $2.06 million. Beforehand in December, on 7Dec, a 2.626K square foot apartment at the eleven floor got offered at $Four point One Four mil, based on URA caveats logged in.

The property development is merely a seven-minute stroll to Telok Blangah Mass Rapid Transit Station on the Circle Line. Entertainment establishments plus strolling tracks near the property development include things like Keppel Club, Mount Faber also Labrador Nature Reserve.

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