Keen interest in Keppel Land's Reflections

Property
Published February 22, 2007

Keen interest in Keppel Land's Reflections

By ARTHUR SIM


KEPPEL Land's upcoming residential development - Reflections at Keppel Bay - has received over 700 expressions of interest with some wanting to buy whole floors or even a whole block.


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Reflections at Keppel Bay: The project has already received offers from prospective buyers to buy whole floors or even an entire block


The 1,129-unit development is expected to be launched in March or April. Keppel Land would not reveal the launch price but a spokesman said that it had already received offers from prospective buyers to buy whole floors or even an entire block. There will be six glass towers of 41 storeys and 24 storeys and 11 blocks of six- to eight-storey villa apartments.

Prices for Reflections have been estimated at between $1,500 and $2,000 psf.

CB Richard Ellis (CBRE) and Debenham Tie Leung are the appointed agents for Reflections. CBRE managing director Pauline Goh said: 'With the development of the Sentosa IR (integrated resort), recreational and entertainment facilities around our southern shoreline, waterfront properties in this precinct will be prime choices for expatriate living in Singapore.'

One of these recreational attractions will be Keppel Land's $30 million marina at Keppel Bay, targeted for completion in 2007. Keppel Land says future owners of Reflections will be given 10 years of free membership and five years' free subscription to the marina.

Facilities at the marina include a clubhouse, restaurants, a spa and charter services to neighbouring islands.