Experience luxurious waterfront living in District 4 at Corals at Keppel Bay, a 99-year leasehold condominium developed by Keppel Land Limited. It comprises 366 exclusive residential units across 11 blocks. Cruise into this marvelous marina which offers not only breathtaking views but also a modern urban lifestyle where dining, entertainment, and shopping spots are minutes away.
4 Reasons Why Corals at Keppel Bay Is an Ideal Home:
1. Specifications and Perks for Own Stay
| Project Name | Tenure | TOP | Unit Type (up to) | Size in sqft | Average Price PSF (up to) |
|---|---|---|---|---|---|
| Corals at Keppel Bay | 99-year leasehold | 2016 | 1-bedroom 2-bedroom 3-bedroom 4-bedroom 5-bedroom | 700 1,012 1,572 3,520 7,868 | $2,523 |
The man behind the design of Corals at Keppel Bay is none other than master architect, Daniel Libeskind, who likened the development to a sonata because of its meditative, quiet, intimate, and melodic environment. The low-level buildings consisting of five and 10 storeys give residents sweeping views of both the sky and water.
The property’s gym is fitted with the latest fitness equipment so you can get a good workout. Change things up with different types of activities – swim in the 50m lap pool, play a game of tennis, or do yoga in the multi-purpose studio. Have a reason to celebrate? Host a gathering for your loved ones at the BBQ Party Pavilion and make the most memorable memories.
2. Accessibility, Amenities, and Recreational Spots
Harbourfront MRT Station on the North East Line (NEL) is just 500m away from Corals at Keppel Bay, so you would only need to walk seven minutes. It is also well connected to major expressways such as the East Coast Parkway (ECP), Ayer Rajah Expressway (AYE), and Central Expressway (CTE). It would take you about 16 minutes to drive to the Central Business District (CBD) and 22 minutes to Orchard Road.
Vivocity, the largest shopping mall in Singapore is a nine-minute drive away from the condo. From there, you can hop on a monorail service to Sentosa Island. You’ll be amazed at the food choices, from posh waterfront restaurants within Keppel Bay and eateries found at Labrador Nature Reserve to economical food places such Telok Blangah Food Centre and Seah Im Food Centre, Recreational facilities nearby include Mount Faber (experience hilltop dining!), Marina at Keppel Bay, Keppel Club and Resorts World Sentosa.
3. Education, Employment, and Healthcare
There’s a variety of schools in the area that are within a reasonable driving distance (10-minute drive). Preschools include Capstone Kindergarten, Cherie Hearts, and Hundred Thoughts. For primary and secondary schools, you’ll find Blangah Rise Primary School, Radin Mas Primary School, and Pasir Panjang Secondary School. Expats, there are several international schools to choose from such as ISS International School, Canadian International, and Shelton College International.
Alexandra Hospital and Outram Community Hospital are the closest healthcare centres, which you can reach within 10 minutes by car.
4. Property Price and Future Developments
The price of a three-bedroom unit (1,238 sqft) on Corals at Keppel Bay’s mid-level floor in the past two years:
- January to December 2018 – up to $2,292,000
- January to December 2019 – up to $2,520,000
Since 2018, property rental prices at Corals at Keppel Bay have been increasing. We can foresee the price rising over the years, thanks to upcoming developments like the Greater Southern Waterfront that comprises 30km of coastline which will extend from Pasir Panjang to Marina East and the expansion of two Integrated Resorts – Resorts World Sentosa and Marina Bay Sand; we can look forward to a new place to live, work and play.
Is Corals at Keppel Bay the home you’ve been dreaming of? Talk to our real estate consultants and get VIP agent service. Call 6886 9009 now!
Best Mortgage Rate Across All Banks for Corals at Keppel Bay
Talk to our mortgage brokers with over 30 years of experience and get the lowest mortgage rate at 1.78%. Our home loan specialists will assist you with everything you need to know from Total Debt Servicing Ratio (TDSR), Loan to Value (LTV) Limits and Legal Conveyancing.
Buyer’s Stamp Duty for Corals at Keppel Bay
Buyer’s Stamp Duty (BSD) is tax paid on documents signed when you buy or acquire property located in Singapore.
If you opt to buy a three-bedroom unit at Corals at Keppel Bay the price is at $2,520,000 which is reflective of the market value, your Buyer’s Stamp Duty (BSD) is $85,400.
| Market Value of the Property | BSD Rate | Calculation |
|---|---|---|
| On the first $180k | 1% | $1,800 |
| On the second $180k | 2% | $3,600 |
| Next $640,000 | 3% | $19,200 |
| Remaining $1,520,000 | 4% | $60,800 |
| BSD Payable | $85,400 | |
Source: IRAS
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Additional Buyer’s Stamp Duty for Corals at Keppel Bay
Liable property buyers in Singapore are required to pay Additional Buyer’s Stamp Duty (ABSD) on top of the existing BSD. ABSD and BSD are computed on the purchase price as stated in the dutiable document or the market value of the property (whichever is the higher amount).
Who is liable to pay ABSD:
- Singapore Citizen (SC) buying second, third and subsequent residential property
- Singapore Permanent Resident (SPR) buying first, second and subsequent residential property
- Foreigners or entities buying any residential property
ABSD for Singapore Citizens when Buying Corals at Keppel Bay
Here’s the ABSD amount you are required to pay if you are an SC:
| Property Ownership | ABSD Rate | ABSD Amount from Price $2,520,000 |
|---|---|---|
| If Corals at Keppel Bay is your second residential property | 12% | $302,400 |
| If Corals at Keppel Bay is your third or subsequent residential property | 15% | $378,000 |
ABSD for Singapore Permanent Resident when Buying Corals at Keppel Bay
Here’s the ABSD amount you are required to pay if you are an SPR:
| Property Ownership | ABSD Rate | ABSD Amount from Price $2,520,000 |
|---|---|---|
| If Corals at Keppel Bay is your first property | 5% | $126,000 |
| If Corals at Keppel Bay is your second or subsequent residential property | 15% | $378,000 |
ABSD for Foreigners when Buying Corals at Keppel Bay
Here’s the ABSD amount you are required to pay if you are a foreigner:
| Property Ownership | ABSD Rate | ABSD Amount from Price $2,520,000 |
|---|---|---|
| Foreigners buying any property | 20% | $504,000 |
VIP Service for Buyers at $0 Agent Fees
Our real estate consultants will provide you insights about this new project and assist you with everything you need to know from BSD, ABSD, exercising the OTP to sealing the deal.
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