CARIBBEAN AT KEPPEL BAY

KEPPEL BAY DRIVE
RESALE CONDODistrict 04
HarbourFront MRT · 8 min walk (607m)RCR99 yrs lease commencing from 1999
Gross Yield
3.6%
Median Rent
$7,314
per month
Total Units
969
2Y PSF Change
+5.7%
79 txns in 24m
Lease Remaining
72 yrs
99 yrs lease commencing from 1999
Median PSF
1,820
1.2% QoQ
Total Sales
199
since 2021-02
Price Range
$1.4M$5.7M
all-time
Unit Size
1,416 sqft
Floors 16

UrbanLens Analysis

At $1,913 PSF, CARIBBEAN AT KEPPEL BAY prices NaN% below the District 04 median. The 8-minute walk to HarbourFront MRT (607m) is workable, though not the kind of proximity that commands a premium on its own.

The 5.7% gain in two years signals steady demand -- solid, not speculative. 79 transactions over two years gives deep liquidity and reliable pricing signals.

Roughly 72 years of lease remain. That is comfortably long -- no financing haircuts, no CPF restrictions, no urgency to the timeline. Gross yield of 3.6% beats the RCR average of 0.0%. With $7,314/month median rent, income-focused buyers have a real case here.

The 969-unit scale means deep amenities and low per-unit maintenance, but mass listings during market dips can weigh on pricing. The city-fringe location offers genuine accessibility without core-district pricing, which is the fundamental upgrader value proposition.

PSF Trend

Quarterly
1,949
2024-Q2
1,874
2024-Q3
1,901
2024-Q4
1,931
2025-Q1
1,920
2025-Q2
1,913
2025-Q3
1,938
2025-Q4
1,962
2026-Q1

Recent Transactions

Data refreshed monthly · Last transaction: Feb 2026
DatePriceSizePSFFloor
Feb 2026$3,480,0002,282 sqft$1,52501-05
Jan 2026$2,488,0001,206 sqft$2,06406-10
Jan 2026$1,740,000893 sqft$1,94801-05
Jan 2026$2,680,0001,356 sqft$1,97606-10
Jan 2026$1,700,000840 sqft$2,02506-10
Jan 2026$2,380,0001,270 sqft$1,87406-10
Dec 2025$2,420,0001,249 sqft$1,93801-05
Dec 2025$2,330,0001,281 sqft$1,81901-05
Dec 2025$5,008,8882,433 sqft$2,05901-05
Nov 2025$1,960,0001,270 sqft$1,54301-05
Showing 10 of 199 transactions

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