Corals at Keppel Bay
One of the newest condominium projects by Keppel Land which completes the Keppel Bay collection
One of the most stunning residential development that was completed back in 2016, Corals at Keppel Bay has all the market expectations to be a premier living destination for many years to come.
Similar to its two prominent neighboring condominiums, the Caribbean at Keppel Bay and Reflections at Keppel Bay, Corals at Keppel Bay promises an idyllic lifestyle in a fashionable waterfront environment and this luxurious residential development shall be one of the iconic structures whose interiors and well as exteriors redefine upscale housing.
Corals at Keppel Bay Developer
Corals at Keppel Bay is developed by Keppel Land, a real estate arm of Keppel Corporation – which has a wide range of businesses including offshore & marine, infrastructure, property, and asset management, etc.
As an ‘all-around’ property developer, Keppel Land has been well known for its innovative solutions in the real estate segment, together with its outstanding track record for developing award-winning private residential projects and investment-worthy commercial projects in many key Asian cities other than Singapore.
Some of Keppel Land’s key real estate markets outside of Singapore are Vietnam and China, while it continues to scale up in other countries such as Myanmar, India, and Indonesia.
By the end of 2018, Keppel Land has posted a net profit of $939.9 million – a whopping 41% increase year-on-year and achieved a median return of 14.7% on equity over the last decade.
Some of Keppel Land’s most recent condominium developments include Highline Residences at Tiong Bahru, The Glades at Tanah Merah and The Garden Residences at Serangoon North (still under construction).
Corals at Keppel Bay Location
Corals at Keppel Bay is located along Keppel Bay Drive, in District 4 of Singapore. Nestling beside the southern shores of Singapore, Corals at Keppel Bay boasts of a location that is not just picturesque but shall also serve all residents’ urban requirements.
Harbourfront MRT Interchange Station
When it comes to finding a home, the top concern for most homebuyers would be the proximity to an MRT station.
At Corals at Keppel Bay condo, the MRT connectivity is well-taken care of. The nearest Harbourfront MRT Station, which is also an interchange station for the North-East Line and Circle Line is only around 500 meters away and will take you approximately 6 minutes to walk there.
Being an interchange station, it will provide great connectivity to all parts of Singapore for residents at Corals at Keppel Bay.
However, some may be concerned with the fact that the Circle Line doesn’t complete its ‘loop’ by 2025, which will then only take commuters 3 to 4 train stops to reach the Central Business District (CBD) and the Marina Bay financial district.
Then again, by hopping onto the North-East line at Harbourfront MRT station and switching routes at the Outram Park interchange station (just one stop away) to board onto the East-West line, the traveling time required to reach the downtown business centers in Singapore would still be an absolute breeze.
Easy commute via driving
One thing about living at Corals at Keppel Bay is its close proximity to some of the biggest business centers of Singapore.
For vehicle owners, major downtown destinations such as the CBD and Marina Bay are easily accessible via the West Coast Highway, taking you to areas such as the Raffles Place, Robinson Road and Shenton Way in just less than 15 minutes.
If you were to drive along the West Coast Highway and link up towards the Marina Coastal (MCE) and East Coast Park (ECP) expressways, you will also enjoy easier commuting towards the Changi business hub in the eastern region of Singapore. And of course for frequent business travelers, it will only require you less than 25 minutes to reach Changi Airport via the ECP.
There’s also an emerging business district in Jurong – the western region of Singapore, which is only a mere 20-minute drive away from Corals at Keppel Bay via the Ayer Rajah Expressway (AYE).
Amenities near to Corals at Keppel Bay
With VivoCity and HarbourFront Centre being a stone’s throw away, residents at Corals at Keppel Bay condo shall also have quick and convenient access to a wide array of shopping malls, supermarkets, retail shops, and eateries.
For instance, over at the VivoCity shopping mall, you will find stores and restaurants bearing some of the biggest retail brands in the world, such as Uniqlo, Best Denki, Starbucks, Nike, Samsung, and Zara.
In addition, there’s also a FairPrice Xtra hypermarket – the largest in Singapore covering around 90,000 square feet of space over 2 levels within VivoCity. For movie junkies, you will be happy to know that there is also a cinema, operated by Golden Village at Level 2 of VivoCity.
For recreation and entertainment, the repository of Sentosa Island, with its famous Resort World Sentosa, Universal Studio Singapore and much more, provide ample avenues for leisurely pursuits. It’s probably one of the most popular destinations for families who are living in Singapore, other than just tourists.
And you are a nature and outdoors enthusiast, you will be happy to know that Mount Faber Park and Telok Blangah Hill Park are just within the area where Corals at Keppel Bay is. You can simply start your hike from Mount Faber Park and make your way to Telok Blangah Park via the connected Henderson Waves bridge.
Close proximity to schools
Several reputable institutions for primary education such as the Blangah Rise Primary School, Radin Mas Primary School, and CHIJ (Kellock) all fall within a 2 km radius.
For those who are looking for international schools, the nearest one would be the International School Singapore (ISS) High Schol along Preston Road, next to Telok Blangah Hill Park. It will require around a 10-minute drive there.
Higher educational institutes such as the Singapore Polytechnic and National University of Singapore (NUS) are also within close proximity to Corals at Keppel Bay.
Living in Corals at Keppel Bay condo in Singapore
Corals at Keppel Bay epitomizes luxuriance and class. It’s like living in a work of art. From the apartment units to the varied facilities made available, everything is designed to enhance the condominium experience for residents.
There is to be an Olympic-size swimming pool, a separate lounger pool and another splash pool with jumping jets for the usage and enjoyment of residents. A lovely hydro spa promises further leisure and relaxation.A tennis court and children’s play area is for the benefit of the sporty individuals. Water gardens and beautiful promenades will provide picturesque walking paths, while the Al Fresco Terrace shall offer stunning views.
The clubhouse at Corals at Keppel Bay is also enticing with its multipurpose studio, lounge room, function room, and fully-equipped gymnasium.
On top of that, a BBQ party pavilion is also being added to allow residents to host events and mingle with their neighbors.
The home interiors have been planned with the latest innovations in space management and house lighting. Designer fittings and state-of-the-art appliances are to be installed to optimize user experience.
Thus, from comfortable homes to social interaction and leisure activities, all needs shall be met with at the Corals at Keppel Bay.
Corals at Keppel Bay Floor Plan and Unit Types
Corals at Keppel Bay is a 99-year leasehold condominium and has a total of 366 units of varied sizes and layouts – across 11 residential blocks.
Here are the Corals at Keppel Bay floor plan for each unit type:
- 1 Bedroom Units covering 570 to 732 Square Feet.
- 2 Bedroom Units covering 840 to 1066 Square Feet.
- 3 Bedroom Units covering 1,184 to 1,593 Square Feet.
- 4 Bedroom Units covering 2,573 to 3,660 Square Feet.
- Penthouses covering 4,725 to 7,868 Square Feet.
As is evident, with the diverse range of available housing units, the requirements of all kinds of households could be fulfilled here.
Corals at Keppel Bay Price Guide
The following Corals at Keppel Bay price guide (updated on 01 April 2019) shows the starting prices for each unit type at the condominium. It’s based on quotes after the $88,000 furniture subsidy offered by the developer.
|1-Bedroom||$1.362 million||With Sea view|
|3-Bedroom Deluxe||$2.799 million|
|4-Bedroom||$7.164 million||With Sea view|
|4-Bedroom Deluxe||$9.756 million||With Sea view|
|Penthouse||Price on ask|
Please note that all subsidies or discounted prices indicated above are subjected to changes. So, do drop us a note using the form below or give us a call at (+65) 6631-8384 to get the latest price updates.
Corals at Keppel Bay Price History
Based on the 10 most recent transactions for Corals at Keppel Bay (prior to 01 April 2019), the highest PSF transacted was S$2,689 psf (or $1,563,000) for a 1-bedroom unit on 01 October 2018.
|Contract Date||Address||Area (sq ft)||PSF ($)||Total ($)|
|1-Mar-19||11 KEPPEL BAY DRIVE #02-19||1,507||1,771||2,668,888|
|30-Oct-18||13 KEPPEL BAY DRIVE #08-23||1,238||2,028||2,510,000|
|19-Oct-18||1 KEPPEL BAY DRIVE #03-03||1,561||2,364||3,690,000|
|1-Oct-18||21 KEPPEL BAY DRIVE #06-41||581||2,689||1,563,000|
|4-Sep-18||21 KEPPEL BAY DRIVE #05-44||1,012||2,157||2,182,500|
|8-Aug-18||11 KEPPEL BAY DRIVE #06-17||1,313||2,000||2,626,000|
|23-Jul-18||13 KEPPEL BAY DRIVE #06-23||1,238||2,076||2,570,000|
|16-Jul-18||17 KEPPEL BAY DRIVE #01-32||1,475||1,953||2,880,000|
|13-Jul-18||13 KEPPEL BAY DRIVE #08-27||904||2,274||2,056,000|
|12-Jul-18||13 KEPPEL BAY DRIVE #07-27||904||2,199||1,988,000|
How do Corals at Keppel Bay compare to other Singapore condos around the area?
The collection of Keppel Bay condominiums Singapore only consist of 3 in total. The following table reflects the average PSF price transacted for each of the condos based on transactions in the last 6 months (from October 2018 to March 2019).
|PROJECT||TENURE||COMPLETION||AVERAGE PRICE (S$ PSF)|
|CORALS AT KEPPEL BAY||99 YRS FROM 2007||2016||2,213|
|CARIBBEAN AT KEPPEL BAY||99 YRS FROM 1999||2004||1,568|
|REFLECTIONS AT KEPPEL BAY||99 YRS FROM 2006||2011||1,582|
Clearly, Corals at Keppel Bay, being the newest condo of all, has commanded a much higher average of S$2,213 psf, as compared to its neighbors’ average ranging from S$1,568 to S$1,582 psf.
Corals at Keppel Bay review
Solely based on the location, close proximity to an MRT station and a mega shopping mall, it goes without saying that the life at Corals at Keppel Bay would be comfy, fun-filled and pleasurable.
However, in my Corals at Keppel Bay review, there are a couple of technical reasons to back why is this condominium so ideal for homebuyers.
A unique and rare waterfront living experience
First of all, the location is unprecedented – why? It is because in Singapore if you are looking for a property which offers you an unobstructed sea view and without facing an expressway, there are only 2 well-known places – Sentosa and Keppel Bay.
Presently, some of the properties in Singapore which offer a panoramic sea view are usually located along the East Coast and West Coast stretch. The trade-off of having that view is that these homes are mostly facing the expressway, which means it’s going get really noisy when you’re living there.
Of course, some homebuyers may argue that some units at the nearby Skyline Residences condo along Telok Blangah Road will also offer an unblocked sea view. But it’s not really considered a “seafront” or “waterfront” property because it’s that close to the waters.
In addition, right in front of the condominium is the West Coast highway flyover. Again, it possesses a similar problem which those East Coast and West Coast properties are experiencing.
The Greater Southern Waterfront
Conceptualized as the Southern Gateway of Asia, development works for The Greater Southern Waterfront project will begin over the next 5 to 10 years. This is one of the biggest (if not, the biggest) redevelopment project as announced under the government’s recent 2019 Draft Master Plan.
The Keppel Bay precinct will be part of the Greater Southern Waterfront, a massive 2,000-hectare land area which spans across the southern coastline of Singapore – from Pasir Panjang all the way to Gardens by the Bay.
One of the major plans in this project is the redevelopment plan for the existing Keppel Club site (which is next to the Keppel Bay collection of condos). It will be used for more housing projects when its lease ends in 2021.
From an investment point of view, things couldn’t be more ideal. As new structures and residential developments are being built, it will definitely help to attract more investors in the future and thus helping to bring up home prices within the area.
A couple of good examples would be the Marina Bay and Jurong precincts. Just take a look at how home prices shot up within just a few years after the government announced development plans for Marina Bay (back in the early 2000s), and having a ‘second CBD’ in Jurong (back in 2013) respectively.
Thus, given Corals at Keppel Bay’s brilliant location in land-scarce Singapore and with all the exciting transformation plans in place, the property is sure to appreciate manifold in the future.
After all the good stuff, let me share with what are my thoughts on some of the negative features about Corals at Keppel Bay.
Odd-shaped units with inefficient living spaces
As a matter of fact, this is the only complaint I have about Corals at Keppel Bay. Almost all unit types have an irregular layout and from the floor plans, it looks really weird.
In order to have a beautiful-looking and aesthetically-pleasing condominium development, it’s quite obvious that interiors have been totally compromised to suit its architecture.
As a big fan of the conventional regular-shaped layouts, I was seriously turned off simply by just looking at the floor plans. But frankly, if you start to put in some furniture into the apartment, the layout doesn’t look that eye-sore anymore.
This is not really a deal breaker because the built-in area of all units is really good. But personally, I just feel that it is a pity that Corals at Keppel Bay missed the mark on that one aspect of a well-designed home.
Honestly, If you are into waterfront living, a newer condominium and yet you want to be close to amenities, Corals at Keppel Bay is probably the best condominium that your money can get you.
When both qualities of life and investment prospects are expected to be high, this Keppel Bay condo becomes a very alluring real estate proposition.
If you wish to view or find out more about pricing and availability for the Corals at Keppel Bay, just fill up the form below to indicate your interest. Or you can call in at (+65) 6631-8384 to inquire more.