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 4, is out for sale under confidential negotiation at $2.15 million, according to Edmund Tie, which has actually been chosen advertising representative by the bank taking care of the mortgagee transaction.
The first level apartment, that covers 1.281K square foot, supplies a “appreciable” patio. It appropriates for family members having youngsters or animals considering that the area may be used as a backyard, says Joy Tan, snr dir, head of auction and sales at Edmund Tie.
Units of the similar dimension at the property development have already yielded lease payments of $4thousand 3hundred to $6,200 from October to December’21, accorded to Urban Redevelopment Authority caveats listed. On the other hand, considering that Reflections at Keppel Bay is an ultra property development by having 1,129 apartments, “rental fees for equivalent sized apartments would fluctuate due to the unit’s facing.
“The property belongs to the revealed plannings of the Greater Southern Waterfront City, also may undoubtedly see funding gain down the road given that the govt injects more living work fun facilities and improvements into the location,” Joy adds.
Tan strongly believes the apartment definitely will be eye-catching to the two capitalists including owner-occupiers.
The most present transaction for the property went on Dec30 ’21, while an One thousand One hundred Fifty Two square feet apartment on the eighth storey turned owner for $2.06 mil. Earlier in Dec, on Dec7, a 2.626K square foot unit on the 11th storey was sold off at $Four point One Four million, depended on Urban Redevelopment Authority interest lodged.
The property is a seven minute walk to Telok Blangah train Terminal bby the Circle Line. Entertainment centers together with walking routes close to the property consists of Keppel Club, Mount Faber also Labrador Nature Reserve.