Sales Hotline - 94886880 or Register your interest here
CORALS AT KEPPEL BAY PROJECT INFO
|Project Name||Corals at Keppel Bay|
|Developer||Keppel Bay Pte Ltd|
|Developer’s Licence No.||C0996|
|Lot No.||3493T Mukim 01 at Keppel Bay Drive|
|Location||5 Keppel Bay Drive|
|Tenure||Leasehold 99 yrs from 26 Feb 2007|
|Expected TOP||31st July 2018|
|Design Architect||Studio Daniel Libeskind|
|Local Architect||DCA Architects|
|Site Area||420,000 sq ft approx|
|Total No. of Units||366 Residential Units|
|Building Approval Plan Nos.:||A1182-00005-2000-BP01 (15 January 2013), A1182-00005-2000-BP02 (14 March 2013)|
Corals at Keppel Bay Marketing Timeline:
10 May 2013 - Expression Of Interest
17 May 2013 - Showflat open for preview
18 May 2013 - Corals at Keppel Bay is open for booking
- HDB upgrader - 5 yrs minimum occupation period from date of purchase after 30 Aug. 2010.
- Financing - check with private banker on how much property you can buy.
From 12 Jan 2013, additional buyers stamp duty are imposed on buyers or transferees under its various categories.
Read ABSD article or click on above title for more info
Click here for Corals' Interactive Map
Corals at Keppel Bay Video
Keppel Bay - A history of economic and physical transformation
From Economic Powerhouse to High End Residences
A brief revisit of Singapore River and Keppel Bay early days.
The coastal area at Dragon Teeth Strait, now Keppel Harbour was once inhabited by pirates.
In the 14th Century, the island's importance as a trading post for ships from places like India, China and S. E Asia can be found in artifacts and ancient fortification along Singapore River settlement.
Development History Timeline
1300 - Port of Temasek (Singapore's former name) founded by Sang Nila Utama.
1819 - Stamford Raffles established Singapore as a trading post for British East India Company.
1826 - Singapore becomes part of the British colony of Straits Settlement.
Before the age of air travel, Singapore's waterfront not only served as the point of entry for visitors and immigrants seeking a better future, it was also the landing place for loading and unloading of cargoes in warehouses along Boat Quay and Telok Ayer.
Economic transition - from early days port of call to entrepot trade, from dockyard to ship building, from trade to diverse economic activities - banking, manufacturing, energy and infrastructure.
Singapore Turns A New Page
In 1965, Singapore achieved complete independance. With rapid expansion, economic growth and diversification, Singapore's waterfront is now an integral part of the new Marina Bay financial district and Keppel Bay waterfront precinct.
Singapore has utterly transformed into the Global City of the 21st Century.
A New Flagship
Corals at Keppel Bay waterfront residences is the latest flagship of Keppel Land. From spectacular views to luxurious interiors, to entertainment centres and mega malls, it is well placed to be a part of your daily celebration of life.
Keppel Bay's strategic location makes it the natural gateway to the southern islands, where theme parks, plush hotels, and gourmet restaurants abound.
Access to amenities and recreation outlets like shopping, integrated resorts, and business offices is a breeze. A five minute stroll takes you to the Harbourfront MRT station, Vivo City Shopping Centre and the Central Business District.
Corals at Keppel Bay is the perfect water playground.
Marina at Keppel is an award winning marina, featuring state of the art berthing facilities for 168 yachts ranging from 40 to 280 ft. All homeowners of Keppel Bay enjoy complimentary 10-year membership and five-year subscription at the Marina.
Corals at Keppel Bay
Room types for every need
1- or 2-bedder makes a good bachelor’s pad.
A 3-bedder will be ideal for a family.
4-bedders offer the luxury of more space.
Penthouses offers the ultimate in luxury, comfort and views. There are 8 of these super sized residences.
Corals at Keppel Bay Facilities
|Corals at Keppel Bay Facilities|
|1. Public Promenade||9. BBQ Party Pavilion|
|2. Dockside Promenade||10. Clubhouse (Multi-purpose Studio, Lounge, Function room, Gym)|
|3. Reflecting Pools||11. Alfresco Terrace|
|4. Water Gardens||12. Forest Walk|
|5. Hydro Spa||13. Entrance Gateway|
|6. Lounger Pool||14. Stepping Stones|
|7. 50m Length Swimming Pool||15. Tennis Court|
|8. Splash Pool with Jumping Jets||16. Children’s Party Area|
Corals at Keppel Bay unit sizes
1 bedroom - 570 sq ft to 732 sq ft
2 bedroom - 840 sq ft to 1066 sq ft
3 bedroom - 1184 sq ft to 1421 sq ft.
3 bedroom deluxe - 1389 sq ft to 1593 sq ft.
4 bedroom - 2573 sq ft to 2777 sq ft.
4 bedroom deluxe - 2766sq ft to 3660 sq ft.
Special Promo August '15
Call 94886880 for detail
Keppel Land: Asia's Premium Developer
Keppel Land Limited is the property arm of the Keppel Group, a multinational conglomerate with key businesses in offshore and marine, infrastructure and property.
Keppel Land is geographically diversified in Asia, with Singapore and China as its core markets, and Vietnam and Indonesia as its growth markets.
Keppel Group's total assets amounted to about $13.8 billion as at 31 December 2013.
It is part of the FTSE ST Real Estate Index, FTSE ST China Top Index, FTSE All-World Index, FTSE Asia Pacific ex-Japan Index, FTSE EPRA/NAREIT Global Real Estate Index and EPRA/NAREIT Index.
Keppel Land is also a component of both the Dow Jones Sustainability Asia Pacific and World Indices.
For four consecutive years, it has retained its position in The Sustainability Yearbook as one of the top 15% of companies worldwide in sustainability leadership.
Keppel Land’s two-pronged strategy to develop properties for sale and property fund management has paid off very well.
Keppel Land enhanced Singapore city's skyline with landmark developments like Marina Bay Financial Centre, Ocean Financial Centre One Raffles Quay, Caribbean at Keppel Bay and Reflections at Keppel Bay.
Keppel Land Commercial Portfolio
Keppel Land is also committed to grow its commercial portfolio in key Asian cities. Its overseas portfolio of commercial properties include a Grade A office development in Beijing, Seasons City in Tianjin Eco-City, a retail cum office development Life Hub @ Jinqiao in Shanghai, China, Saigon Centre in Ho Chi Minh City, Vietnam as well as International Financial Centre Jakarta in Indonesia.
The company also has plans to develop Park Avenue Central in Shanghai into a retail cum office complex.
With a pipeline of over 65,000 homes across Asia, Keppel Land is well positioned and committed to meet the rigours and demand for quality housing by home buyers.
Keppel Land's - Land Bank
Keppel Bay Plot 4 sited at Keppel Bay: 99 yr leasehold | land area - 35,992 sq ft
Keppel Bay Plot 6 sited at Keppel Bay: 99 yr leasehold | land area - 141,120 sq ft
Residential Site located at Tiong Bahru: 99 yr leasehold | land area - 118,303 sq ft.
Keppel Bay Towers & GE Tower sited at Tg Pagar Rd / Hoe Chiang Rd: Freehold | land area - 83,305 sq ft
Keppel Land’s Current Portfolio:
The Glades – 99 yr condo at Bedok Rise | 726 units | Architect - P & T Consultants Pte Ltd.
Corals at Keppel Bay - 99 yr condo at Keppel Bay Drive | 366 units | Architect - Daniel Libeskind
Reflections at Keppel Bay - 99 yr condo at Keppel Bay View | 1,129 units | Architect - Daniel Libeskind
Marina Bay Suites - 99 yr condo at Marina Bay | 221 units | Architect - Kohn Pedersen Fox Associates
The Luxurie - 99 yr condo at Compassvale Road | 726 units | Architect - ADDP Architects
The Lakefront Residences - 99 yr condo at Lakeside Drive | 629 units | Architect - MKPL Architects Pte Ltd
Daniel Libeskind - Architect In Chief
Leveraging the iconic landmark status of Reflections at Keppel Bay, Keppel Corporation and Keppel Land have once again partnered master architect Daniel Libeskind for the plot 3 development at Keppel Bay. Located along the historic King's Dock, the new Corals at Keppel Bay development is envisioned to be a premium waterfront property comprising 367 homes.
Libeskind's appointment follows the success of Reflections at Keppel Bay, of which about 88% of the 950 launched units have been sold as at end-February 2012, with an international spectrum of buyers.
Reflections at Keppel Bay wins International FIABCI Prix d'Excellence Award 2013
"Reflections at Keppel Bay is truly an expression of the wonderful collaboration with Keppel and exemplifies the ongoing and future success of Singapore."
In designing Reflections at Keppel Bay, Libeskind artfully avoided the uniformity and feeling of congestion often found in residential developments. His design also deftly tackles the challenge faced by architects working in Singapore, where high-density construction is often the only way to recoup the high cost of real estate. By placing the low-rise villa blocks along the water and high-rise towers behind them, Libeskind creates an airy, light-filled grouping that feels exceptionally expansive.
By night, Reflections at Keppel Bay stands out with lighting designed by Lighting Planner Associates, the renowned Japanese specialists also responsible for the light-up of Singapore's city skyline and Orchard Road.
2016 updates till March - Corals at Keppel Bay Caveats from URA
|Contract Date||Street Name||Tenure||Price ($)||Area (sq ft)||Type of Area||Unit Price (psf)|
|30 Jan 2016||9 Keppel Bay Drive #01-14||99 yrs||$2,271,960||1,281 sq ft||Strata||$1,774 psf|
|16 Dec 2015||21 Keppel Bay Drive #06-42||99 yrs||$2,196,320||980 sq ft||Strata||$2,242 psf|
|13 Dec 2015||5 Keppel Bay Drive #03-10||99 yrs||$8,700,000||3,014 sq ft||Strata||$2,887 psf|
|12 Oct 2015||1 Keppel Bay Drive #02-01||99 yrs||$2,450,000||1,259 sq ft||Strata||$1,866 psf|
Developer Sales Data
Developer Sales Data
Corals at Keppel Bay & Nearby Properties Charts and Statistics
Price and Rental transaction graphics for investors to make informed decisions
Historical high: $2,960 psf achieved in May 2015
Historical low: $1,770 psf achieved in June 2013
Rental Statistics of Caribbean at Keppel Bay Condo
Lowest Rental: $3.57 psf | Highest Rental: $9.60 psf | Average: $5.29 psf.
Rental Yield: 4.2%
Corals at Keppel Bay Purchaser Profile
Singaporeans - 58.7% | PRs - 18.8% | Foreigner - 20.9% | Company - 1.6%
Buyer Profile by Purchasers Address
Buyer from HDB: 15.9%
Buyer from Private: 84.1%
News and Related Articles
The Business Times - Sunday, May 19, 2013
SINGAPORE - Keppel Land is said to be pricing the initial 100 apartments at its Corals at Keppel Bay condo at between $1,800 psf and $3,000 psf.
The project on a 99-year leasehold site starting February 2007 has a total of 366 units in 11 blocks between four and 10 storeys high.
Nearly 45 per cent of the units are one and two-bedders. Corals at Keppel Bay will have one, two, three and four-bedroom apartments sized between 600 sq ft and 3,600 sq ft in addition to eight penthouses (4,800 sq ft to 7,800 sq ft).
Straits Times - May 30, 2013
Despite flat demand in the luxury market so far this year, at least two condominium units with a price tag of over $10 million each were sold over the past fortnight to family members of Mrs Koh-Lim Wen Gin, a former Urban Redevelopment Authority (URA) chief planner.
They bought a 3,477 sq ft four-bedder at Corals for slightly below $10.1 million or around $2,901 per sq ft for a the second-floor unit on May 19 2013.
The other family member, Mr Kevin Koh, bought a first-floor 3,660 sq ft four-bedder for around $10.3 million or around $2,816 psf on 20th May 2013.
Buyers view luxury homes as priced assets for long term capital gains
Buying into the luxury home market in Singapore is like buying into the Singapore story.
Key factors that make property investments attractive and compelling in Singapore are political stability, excellent infrastructure, tax and business friendly regimes and a strong Singapore currency.
Some luxury property offerings with unique value propositions are:
Hamilton Scotts - Asia’s first luxury residence comes with en suite sky garages;
The Marq on Paterson Hill - the world’s first condominium to have swimming pools cantilevered outside of the building;
The Ritz-Carlton Residences - the first residential property offering legendary amenities and service excellence.
Marina Bay and Sentosa Cove - posh residential developments in hip and exclusive precincts.
Homebuyers concerned that interest rates will start rising soon
Fearing that interest rates will soon start to rise, more Singapore borrowers are turning to fixed rate home loans.
A rise in short-term interest rates would hurt home loan borrowers as many are on floating rate packages that are linked to these rates.
About 30 per cent of DBS customers opted for fixed rate packages in November compared with only 10 per cent in the same month in 2012.
Singapore has been ranked 10th most dynamic city of the world in a report by Jones Lang LaSalle (NYSE: JLL) which goes beyond the traditional, static economic rankings.
San Francisco, London, Dubai, Shanghai and Wuhan has been singled out by Jones Lang LaSalle City Momentum Index to be at the forefront of the top 20 cities which demonstrate the ability to combine strong, short term, socio-economic and commercial real estate momentum with longer term foundations for success.
Banner Image: Moyan Brenn