99-yearCCRDistrict 4 (Bukit Merah)

Caribbean At Keppel Bay

Reviewed by Nathan TangUpdated 24 September 2026Data through Aug 2026 (URA)
Quick Summary

Caribbean At Keppel Bay is a 99-year condominium in District 4 (Bukit Merah) that obtained TOP in 2004, with 969 units across 23 blocks. Across 2,021 transactions on record, units have recently transacted around S$2.43M (S$1,959 psf, ~1,270 sqft). There are 147 units for sale from S$1.78M to S$9.13M. The lease has approximately 72 years remaining.

Key facts about Caribbean At Keppel Bay
Tenure99-year leasehold from 1999 (≈72 years left)
TOP year2004
DeveloperKEPPEL BAY PTE LTD
Units969 in 23 blocks
District and areaDistrict 4 · Bukit Merah · CCR
Nearest MRTTelok Blangah MRT, 697 m (~11 min walk)
Latest median psfS$1,959 psf, last 12 URA caveats to Aug 2026
1

What's for sale and for rent at Caribbean At Keppel Bay?

Key Takeaway

Caribbean At Keppel Bay has 147 units listed for sale, asking S$1.78M to S$9.13M (median S$2,037 psf), and 81 units for rent at a median of S$8,300 a month.

For sale

147 listings

S$1.78M – S$9.13M

For rent

81 listings

S$1,300 – S$26,800 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom1S$2.72M–S$2.72M
2-bedroom32S$1.78M–S$3.20MS$2,073 psf
3-bedroom72S$2.40M–S$3.80MS$2,056 psf
4-bedroom42S$2.77M–S$9.13MS$1,537 psf

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Caribbean At Keppel Bay?

Key Takeaway

Floor plans for Caribbean At Keppel Bay aren't in PropKaki's library yet. Across 1,000 URA caveats, units range from 840 sqft to 6,135 sqft, and the middle half are 1,141 sqft to 1,356 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom1,335 sqftS$2.72M
2-bedroom840 sqft to 1,486 sqftS$1.78M · S$2,073 psf
3-bedroom1,206 sqft to 2,174 sqftS$2.40M · S$2,056 psf
4-bedroom1,335 sqft to 6,135 sqftS$2.77M · S$1,537 psf

Check the Floor Plan Finder for Caribbean At Keppel Bay →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Caribbean At Keppel Bay?

Key Takeaway

Units have recently transacted around S$2.43M (S$1,959 psf), at a gross rental yield of about 2.9% (URA caveat data).

Recent median price

S$2.43M

recent · 2,021 sales on record

Median PSF

S$1,959 psf

recent transactions

Median rent (monthly)

S$5,913

7,372 rentals on record

Gross rental yield

2.9%

indicative, gross

Units currently for sale are asking a median of S$2,037 psf — about 4% above the most recent transacted PSF.

Source: URA caveat data, through Aug 2026.

4

What has recently sold at Caribbean At Keppel Bay?

Key Takeaway

Caribbean At Keppel Bay has 2021 recorded sales; the most recent transacted at S$3,800,000 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$3,800,0003,208S$1,185 psf
Aug 2026S$1,750,000893S$1,959 psf
Jun 2026S$3,550,0001,636S$2,170 psf
Jun 2026S$2,450,0001,281S$1,913 psf
Jun 2026S$2,600,0001,270S$2,047 psf
May 2026S$2,420,0001,227S$1,972 psf
May 2026S$1,730,000893S$1,936 psf
May 2026S$2,750,0001,324S$2,077 psf
May 2026S$2,430,0001,378S$1,764 psf
Apr 2026S$2,830,0001,356S$2,087 psf
Mar 2026S$2,300,0001,206S$1,908 psf
Mar 2026S$1,800,000893S$2,015 psf

2,021 sales and 7,372 rentals on record since Sept 2000. Source: URA.

5

Are prices at Caribbean At Keppel Bay rising?

Key Takeaway

The median transacted PSF at Caribbean At Keppel Bay has risen 30% over the past 9 years (20172026), from S$1,508 psf to S$1,959 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,959 psfS$2.42M24+1.8%
2025S$1,925 psfS$2.45M39+2.4%
2024S$1,880 psfS$2.35M39+2.1%
2023S$1,841 psfS$2.27M27+3.5%
2022S$1,778 psfS$2.22M32+9.4%
2021S$1,625 psfS$2.10M70+10.1%
2020S$1,476 psfS$1.87M40-4.7%
2019S$1,548 psfS$1.89M40-1.8%
2018S$1,577 psfS$2.05M49+4.6%
2017S$1,508 psfS$1.78M48

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Caribbean At Keppel Bay a good investment?

Key Takeaway

Of 1,059 units at Caribbean At Keppel Bay that were bought and later resold (bought from 2000, resold up to 2026), 89% sold for more than they were bought for, with a median gain of 29% over a median 6.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.9%. Units listed now ask about 4% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

89%

of 1,059 resales here

Median gain

29%

gross, before costs

Median hold

6.1 years

bought to resold

Every unit at Caribbean At Keppel Bay with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Caribbean At Keppel Bay and what's nearby?

Key Takeaway

Caribbean At Keppel Bay is located in Bukit Merah, in the Central Region of Singapore.

Caribbean At Keppel Bay is a 99-year condominium completed in 2004. It was developed by KEPPEL BAY PTE LTD. The development has 969 residential units. It sits on a land area of 97,497 sqm and has a gross floor area of 132,600 sqm. The plot ratio is 1.36.

CARIBBEAN AT KEPPEL BAY is located at 42 Keppel Bay Drive, Singapore 098635. It is part of District 04, Telok Blangah / Harbourfront, Bukit Merah. The project falls within the Central Region and the CCR market segment.

The nearest rail connection is Telok Blangah MRT, approximately 697m away, around 11 minutes on foot. Nearby amenities include HarbourFront Centre for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, and King'S Dock Park for greenery and recreation. Facilities in the development include Barbeque Area, Clubhouse, Fitness corner, Function room, Game room, and Gymnasium room.

8

How far is Caribbean At Keppel Bay from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Caribbean At Keppel Bay is Telok Blangah MRT, about 697 m away (~11 min walk).

Getting around

Schools nearby

  • Blangah Rise Primary SchoolPrimary school1.2 km
  • Chij St. Theresa's ConventSecondary school1.3 km
  • Radin Mas Primary SchoolPrimary school1.4 km
  • Chij (Kellock)Primary school1.8 km

Shops, food & parks

Mall: HarbourFront Centre · 695 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 695 mPark: King'S Dock Park · 440 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

Who built Caribbean At Keppel Bay and how big is the development?

Key Takeaway

Caribbean At Keppel Bay was developed by KEPPEL BAY PTE LTD, designed by DCA ARCHITECTS PTE LTD, with 969 units over up to 10 storeys.

Developer
KEPPEL BAY PTE LTD
Architect
DCA ARCHITECTS PTE LTD
Main contractor
SHIMIZU CORPORATION
Floors
10 storeys
Blocks
23
Land area
97,497 sqm (1,049,448 sqft)
Gross floor area
132,600 sqm (1,427,293 sqft)
Plot ratio
1.36
10

What facilities does Caribbean At Keppel Bay have?

Key Takeaway

Caribbean At Keppel Bay has 16 facilities, including Barbeque Area, Clubhouse, Fitness corner, Function room, and more.

Barbeque AreaClubhouseFitness cornerFunction roomGame roomGymnasium roomJacuzziJogging trackLap poolLoungeMulti-purpose hallPavillionPlaygroundSaunaSwimming poolWading pool
11

What does it cost to own a unit at Caribbean At Keppel Bay?

Key Takeaway

Buying a unit at Caribbean At Keppel Bay (~S$2.43M) needs about S$17,788/mo in income and S$8,184/mo in repayments, after S$91,100 stamp duty and a S$608k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.43M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$91,100

BSD, tiered

Downpayment (25%)

S$608k

cash + CPF

Monthly instalment

S$8,184/mo

30y @ 3.5%

Income required

S$17,788/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Caribbean At Keppel Bay?

Key Takeaway

4,210 CEA-registered agents closed at least one recorded deal in District 4 — where Caribbean At Keppel Bay sits — in the last 12 months, across all property types.

Active agents · 12mo

4,210

District 4 · closed ≥1 deal

Deals on record

18,866

all-time · all property types

Source: CEA public transaction records, attributed to District 4 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Caribbean At Keppel Bay? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Caribbean At Keppel Bay's own transactions.

PropKaki
Is Caribbean At Keppel Bay a good buy, and what are units selling for?

Recent units at Caribbean At Keppel Bay sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
13

Frequently asked questions about Caribbean At Keppel Bay

Is Caribbean At Keppel Bay freehold?

No. Caribbean At Keppel Bay is on a 99-year lease that started in 1999, with about 72 years left.

How old is Caribbean At Keppel Bay?

Caribbean At Keppel Bay was completed (obtained TOP) in 2004, so it is about 22 years old.

Is Caribbean At Keppel Bay a good investment?

Of 1,059 units at Caribbean At Keppel Bay that were bought and later resold (bought from 2000, resold up to 2026), 89% sold for more than they were bought for, with a median gain of 29% over a median 6.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.9%. Units listed now ask about 4% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Caribbean At Keppel Bay an EC?

No. Caribbean At Keppel Bay is a private condominium, not an executive condominium (EC).

Who is the developer of Caribbean At Keppel Bay?

Caribbean At Keppel Bay was developed by KEPPEL BAY PTE LTD.

What is the price of a condo at Caribbean At Keppel Bay?

Units at Caribbean At Keppel Bay have recently sold for around S$2.43M (S$1,959 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 147 units are listed for sale from S$1.78M to S$9.13M.

Where is Caribbean At Keppel Bay located?

Caribbean At Keppel Bay is at 42 Keppel Bay Drive, Singapore 098635, in Bukit Merah (District 4). The nearest MRT station is Telok Blangah MRT, about 697 m away.

How many units are there in Caribbean At Keppel Bay?

Caribbean At Keppel Bay has 969 units in 23 blocks, up to 10 storeys high.

How much do I need to earn to buy at Caribbean At Keppel Bay?

For a unit around S$2.43M as a first home, you'd need roughly S$17,788/mo in income (assessed at the stress-test rate), with repayments near S$8,184/mo after a S$608k (25%) downpayment and S$91,100 Buyer's Stamp Duty.

Are prices at Caribbean At Keppel Bay going up?

The median price per square foot at Caribbean At Keppel Bay has risen about 30% between 2017 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.