Caribbean At Keppel Bay
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 2,019 transactions on record, units have recently transacted around S$2.42M (S$1,972 psf, ~1,270 sqft). There are 123 units for sale from S$1.75M to S$9.13M. The lease has approximately 72 years remaining.
What are the key facts about Caribbean At Keppel Bay?
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.
- Tenure
- 99-year
- TOP / Completion
- 2004
- Developer
- KEPPEL BAY PTE LTD
- Total units
- 969
- Blocks
- 23
- District / Area
- District 4 (Bukit Merah)
- Market segment
- CCR
- Median PSF
- S$1,972 psf
- Last transacted
- Jun 2026
- Remaining lease
- ≈ 72 years
What is the price and PSF at Caribbean At Keppel Bay?
Units have recently transacted around S$2.42M (S$1,972 psf), at a gross rental yield of about 2.9% (URA caveat data).
Recent median price
S$2.42M
recent · 2,019 sales on record
Median PSF
S$1,972 psf
recent transactions
Median rent (monthly)
S$5,905
7,347 rentals on record
Gross rental yield
2.9%
indicative, gross
Units currently for sale are asking a median of S$2,037 psf — about 3% above the most recent transacted PSF.
Source: URA caveat data, through Jun 2026.
What has recently sold at Caribbean At Keppel Bay?
Caribbean At Keppel Bay has 2019 recorded sales; the most recent transacted at S$3,550,000 in Jun 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Jun 2026 | S$3,550,000 | 1,636 | S$2,170 psf |
| Jun 2026 | S$2,450,000 | 1,281 | S$1,913 psf |
| Jun 2026 | S$2,600,000 | 1,270 | S$2,047 psf |
| May 2026 | S$2,420,000 | 1,227 | S$1,972 psf |
| May 2026 | S$1,730,000 | 893 | S$1,936 psf |
| May 2026 | S$2,750,000 | 1,324 | S$2,077 psf |
| May 2026 | S$2,430,000 | 1,378 | S$1,764 psf |
| Apr 2026 | S$2,830,000 | 1,356 | S$2,087 psf |
| Mar 2026 | S$2,300,000 | 1,206 | S$1,908 psf |
| Mar 2026 | S$1,800,000 | 893 | S$2,015 psf |
| Mar 2026 | S$2,395,000 | 1,281 | S$1,870 psf |
| Mar 2026 | S$1,835,000 | 904 | S$2,029 psf |
2,019 sales and 7,347 rentals on record since Sept 2000. Source: URA.
Are prices at Caribbean At Keppel Bay rising?
The median transacted PSF at Caribbean At Keppel Bay has risen 31% over the past 9 years (2017–2026), from S$1,508 psf to S$1,972 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2026 | S$1,972 psf | S$2.42M | 22 | +2.4% |
| 2025 | S$1,925 psf | S$2.45M | 39 | +2.4% |
| 2024 | S$1,880 psf | S$2.35M | 39 | +2.1% |
| 2023 | S$1,841 psf | S$2.27M | 27 | +3.5% |
| 2022 | S$1,778 psf | S$2.22M | 32 | +9.4% |
| 2021 | S$1,625 psf | S$2.10M | 70 | +10.1% |
| 2020 | S$1,476 psf | S$1.87M | 40 | -4.7% |
| 2019 | S$1,548 psf | S$1.89M | 40 | -1.8% |
| 2018 | S$1,577 psf | S$2.05M | 49 | +4.6% |
| 2017 | S$1,508 psf | S$1.78M | 48 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Caribbean At Keppel Bay?
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
18,850
all-time · all property types
Source: CEA public transaction records, attributed to District 4across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
What bedroom types are available at Caribbean At Keppel Bay?
Caribbean At Keppel Bay has 123 units listed for sale, spanning 1–4-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 1-bedroom | 2 | S$2.72M–S$3.08M | — |
| 2-bedroom | 28 | S$1.75M–S$3.20M | S$2,016 psf |
| 3-bedroom | 63 | S$2.35M–S$3.80M | S$2,056 psf |
| 4-bedroom | 30 | S$2.69M–S$9.13M | S$2,008 psf |
Where is Caribbean At Keppel Bay and what's nearby?
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.
Who built Caribbean At Keppel Bay and how big is the development?
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
How far is Caribbean At Keppel Bay from MRT and schools?
The nearest MRT/LRT to Caribbean At Keppel Bay is Telok Blangah MRT, about 697 m away (~11 min walk).
Getting around
- Telok Blangah MRT697 m · ~11 min
- Harbourfront MRT779 m · ~12 min
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
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Caribbean At Keppel Bay have?
Caribbean At Keppel Bay has 16 facilities, including Barbeque Area, Clubhouse, Fitness corner, Function room, and more.
What does it cost to own a unit at Caribbean At Keppel Bay?
Buying a unit at Caribbean At Keppel Bay (~S$2.42M) needs about S$17,715/mo in income and S$8,150/mo in repayments, after S$90,600 stamp duty and a S$605k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.42M) 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$90,600
BSD, tiered
Downpayment (25%)
S$605k
cash + CPF
Monthly instalment
S$8,150/mo
30y @ 3.5%
Income required
S$17,715/mo
TDSR @ stress rate
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
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.
PropKakiRecent units at Caribbean At Keppel Bay sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Caribbean At Keppel Bay
How much does a unit at Caribbean At Keppel Bay cost?⌄
Units at Caribbean At Keppel Bay have recently transacted around S$2.42M (S$1,972 psf), from 2,019 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Caribbean At Keppel Bay?⌄
For a unit around S$2.42M as a first home, you'd need roughly S$17,715/mo in income (assessed at the stress-test rate), with repayments near S$8,150/mo after a S$605k (25%) downpayment and S$90,600 Buyer's Stamp Duty.
Is Caribbean At Keppel Bay a good investment?⌄
Gross rental yield is about 2.9%, and current asking prices sit about 3% above the most recent transacted PSF; median PSF has risen about 31% since 2017. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.
Are prices at Caribbean At Keppel Bay going up?⌄
The median transacted PSF at Caribbean At Keppel Bay has risen about 31% between 2017 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Caribbean At Keppel Bay freehold or leasehold?⌄
Caribbean At Keppel Bay is 99-year, with approximately 72 years remaining on the lease.
When was Caribbean At Keppel Bay built and who developed it?⌄
Caribbean At Keppel Bay obtained TOP in 2004, developed by KEPPEL BAY PTE LTD, with 969 units across 23 blocks.
How many units are for sale at Caribbean At Keppel Bay?⌄
There are 123 units for sale at Caribbean At Keppel Bay, from S$1.75M to S$9.13M.
What is the nearest MRT to Caribbean At Keppel Bay?⌄
The nearest MRT/LRT station to Caribbean At Keppel Bay is Telok Blangah MRT, about 697 m away (~11 min walk).