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Condo prices · D04

Caribbean At Keppel Bay

Keppel Bay Drive · D04 · Rest of central region · Condominium

The median sale at Caribbean At Keppel Bay was $2,370,000 — $1,864 psf — across 174 transactions between Nov 2021 and Oct 2026. 99-year lease from 1999.

Median price
$2,370,000
174 sales in the window.
Median per sq ft
$1,864 psf
Median unit 1,281 sq ft.
Lease remaining
72 years
99-year lease from 1999

What it costs per month of lease

A lease is a wasting asset. Spread the median price across the months of lease that are left and the figure is comparable between a dear flat with a long lease and a cheap one with a short one — which is the comparison a price alone cannot make.

Price per month of lease
$2,743
$2,370,000 over 72 years remaining.
Per sq ft per year
$25.70
What a square foot of this development costs for one year of lease.
Lease expires
2098
27 per cent of the lease already run.

This is the purchase price divided by the lease, and nothing else. It excludes stamp duty, the interest on a mortgage, maintenance and property tax. The calculator adds those.

Year by year

The median moved up 13 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 2021eight sales$1752
  • 202232 sales$1783
  • 202327 sales$1841
  • 202439 sales$1880
  • 202539 sales$1925
  • 202629 sales$1972
Show the figures
YearMedian pricePer sq ftSales
2021$2,284,000$1,752 psf8
2022$2,236,000$1,783 psf32
2023$2,270,000$1,841 psf27
2024$2,350,000$1,880 psf39
2025$2,450,000$1,925 psf39
2026$2,420,000$1,972 psf29

What it rents for

URA’s median of rental contracts lodged at Caribbean At Keppel Bay in 2026Q3, per square foot per month.

Median rent per sq ft
$5.82
A month. Middle half of contracts ran $5.62 to $6.01.
Gross yield
3.75%
A year of median rent against the median sale price.
Median sale per sq ft
$1,864 psf
The figure the rent is divided into.

Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.

Other developments in D04

Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.