Luxury homes situated on the Sentosa waterfront continue to entice discerning property seekers, according to developer Keppel Land.
The company’s president Tan Swee Yiow said that he remains positive, amid slow sales and the sector’s poor outlook.
“(Such) homes are a rare commodity. How many units can you find in Singapore with such a view? There is demand from people who enjoy this lifestyle,” Mr Tan said.
Corals at Keppel Bay is one such project – its 366 units have pristine views of Keppel Bay and Sentosa. Even though it is expected to be completed next month, 44 percent of units remain unsold, The Straits Times reported.
Because the site at Keppel Bay Drive was obtained before December 2011, Keppel Land is not subject to Qualifying Certificate extension fees.
When the project was launched in 2013, units were sold at an average price of $2,200 per square foot. A second launch is set to take place in 2016, and prices will be announced closer to the date.
Two of its other developments, Caribbean at Keppel Bay and Reflections at Keppel Bay are located in the vicinity.
The developer has embedded smart home features into units at Corals at Keppel Bay. Residents will be able to control home devices through an application named Habitap.
Through the application, residents can search for eateries, food and grocery delivery services and transportation outfits. They can also adjust lighting, and receive notifications when trespassing is detected or movement is sensed within selected areas.
“(Implementing smart home technology) is a continuous process of improvement, not a one-off exercise… We think residents will enjoy and benefit from it,” Mr Tan explained.
“We hope to become the standard for smart home living,” he added.
For more information, visit The Straits Times.
About 99.co
We are a property search engine with the overarching goal of building a more transparent and efficient property market. We are working towards that future by empowering people with the tools and information needed to find a place to live in the best way possible.
Looking to sell your property?
Whether your HDB apartment is reaching the end of its Minimum Occupation Period (MOP) or your condo has crossed its Seller Stamp Duty (SSD) window, it is always good to know how much you can potentially gain if you were to list and sell your property. Not only that, you’ll also need to know whether your gains would allow you to right-size to the dream home in the neighbourhood you and your family have been eyeing.
One easy way is to send us a request for a credible and trusted property consultant to reach out to you.
Alternatively, you can jump onto 99.co’s Property Value Tool to get an estimate for free.
If you’re looking for your dream home, be it as a first-time or seasoned homebuyer or seller – say, to upgrade or right-size – you will find it on Singapore’s fastest-growing property portal 99.co.
Meanwhile, if you have an interesting property-related story to share with us, drop us a message here — and we’ll review it and get back to you.
Join our social media communities!
Facebook | Instagram | TikTok | Telegram | YouTube | Twitter
Leave a comment