# Four-bedder at Caribbean At Keppel Bay sold for $3.3 mil profit

- **Source:** EdgeProp Singapore
- **Published:** 2026-10-22T06:00:00.000Z
- **Author:** Atiqah Mokhtar
- **Original:** https://www.edgeprop.sg/property-news/four-bedder-caribbean-keppel-bay-sold-33-mil-profit
- **Topics:** Private Residential, Transactions & Deals

## Featured rationale

The record gain and 27 profitable resales among 28 other 2026 transactions signal resilient demand, potentially supporting resale prices at the waterfront development.

## AI summary

A Caribbean At Keppel Bay four-bedder sold for $5.59 million on Oct 13, yielding a development-record $3.34 million, or 148.5%, profit.

## Original article

The sale of a four-bedroom apartment at Caribbean At Keppel Bay, a 99-year leasehold development in District 4, was the most profitable condo resale deal during the week of Oct 6 to 13.

The seller of the 2,390 sq ft unit on the third floor reaped a $3.34 million (148.5%) gain when it changed hands for about $5.59 million ($2,339 psf) on Oct 13. The seller had bought the unit from the developer for $2.25 million ($941 psf) in October 2000.

This works out to an annualised profit of 3.6% over a holding period of 26 years.

The transaction sets a new record profit for resale deals at the development. It surpasses the previous top gain of $2.71 million, which came from the sale of another four-bedder last December.

Read also: Seller of Nassim Park Residences four-bedder reaps $2.5 mil profit

That 2,433 sq ft unit, which was previously purchased for around $2.3 million in October 2000, was subsequently sold for $5 million on Dec 16, 2025.

Caribbean At Keppel Bay is a 969-unit development completed in 2004. Located on Keppel Bay Drive, the waterfront development comprises 23 residential blocks, each rising 10 storeys.

Units at the condo start from two-bedders of 840 sq ft and go up to four-bedders of 3,541 sq ft. There are also penthouses measuring 4,650 to 6,135 sq ft.

The development is close to HarbourFront MRT Station (an interchange for the Circle and North-East lines) and retail mall VivoCity. Lifestyle and recreational facilities at Sentosa Cove are also nearby.

Apart from the Oct 13 transaction, Caribbean At Keppel Bay has logged 28 other resale transactions this year. Caveats tabulated by EdgeProp Singapore show that 27 of these were in the black, with owners netting gains ranging from $95,000 to $1.46 million.

The second-highest profit for the week came from a unit at Grange Residences, a District 10 development. The 2,852 sq ft, four-bedroom apartment was sold for $10.2 million on Oct 12, with the seller netting a $2.9 million (39.7%) surplus.

Read also: District 10 condos top weekly resale gains; Grange Residences seller clinches $3.15 mil profit

The figure translates to a 3% annualised gain over a holding period of around 11.5 years. The unit was previously transacted for $7.3 million in May 2015.

The deal is far from the most profitable transaction at Grange Residences. The record profit stands at $6.5 million, achieved from the sale of another four-bedroom unit in June 2025.

That 2,852 sq ft unit fetched $9.85 million, after the owner had purchased it for $3.35 million in June 2004. As a result, the owner made an annualised gain of 5.3% over 21 years.

Completed in 2004, Grange Residences is a freehold development on Grange Road in District 10. Featuring three 18-storey blocks, it has 164 residences in four-bedroom layouts of 2,486 to 2,852 sq ft.

The condo is close to Tanglin Mall and the Orchard Road shopping belt.

On the other end of the spectrum, Marina Collection in Sentosa Cove saw the steepest loss for the week.

A four-bedroom unit measuring 2,185 sq ft was sold for $3.1 million ($1,419 psf) on Oct 9, leaving the seller $2.36 million in the red.

Read also: Freehold project Peach Garden leads weekly condo resale gains with $3.6 mil profit

The unit was purchased for $5.46 million ($2,500 psf) in February 2010. As such, the sale resulted in a loss of 43.3%, or 3.3% annualised over more than 16 years.

Though the seller incurred a seven-digit deficit, it is still significantly less than the $5.87 million loss booked on a five-bedroom unit last month, which set a new record low for Marina Collection.

The 4,725 sq ft apartment fetched $6.8 million on Sept 3. The seller, who bought the fourth-floor unit for $12.67 million in January 2008, suffered a 46.3% loss, or 3.3% annualised over nearly 19 years.

Marina Collection is a 99-year leasehold condo completed in 2011. It has 124 units across three four-storey blocks, with three- to five-bedders of 1,873 to 4,725 sq ft.

The development is a 10-minute walk from Quayside Isle, a mixed-use development along the Sentosa Cove waterfront with shops and eateries. VivoCity is an eight-minute drive away.

## Chinese translation

> Translation model: grok_cli

### Caribbean At Keppel Bay四房单位售出，获利330万新币

Caribbean At Keppel Bay与Grange Residences领跑本周转售获利，Marina Collection则录得最大亏损。

位于第4邮区、99年租赁地契项目Caribbean At Keppel Bay的一套四房公寓，是10月6日至13日当周获利最高的共管公寓转售交易。

三楼那套面积2,390平方英尺的单位于10月13日以约559万新币（每平方英尺2,339新币）转手，卖家获利334万新币（148.5%）。卖家曾于2000年10月以225万新币（每平方英尺941新币）向发展商购入该单位。

按26年持有期计算，年化利润为3.6%。

这笔交易创下该项目转售利润的新纪录，超越此前最高的271万新币获利；该纪录来自去年12月另一套四房单位的出售。

另请阅读：Nassim Park Residences四房单位卖家获利250万新币

该套面积2,433平方英尺的单位此前于2000年10月以约230万新币购入，其后于2025年12月16日以500万新币售出。

Caribbean At Keppel Bay是一个于2004年竣工、共969个单位的项目。该滨水项目位于Keppel Bay Drive，由23栋住宅楼组成，每栋高10层。

共管公寓单位从840平方英尺的两房起，至3,541平方英尺的四房。此外还有面积4,650至6,135平方英尺的顶层复式单位。

项目靠近港湾地铁站（HarbourFront MRT Station，环线与东北线转换站）及零售商场怡丰城（VivoCity）。圣淘沙湾（Sentosa Cove）的生活与休闲设施亦在附近。

除10月13日这笔交易外，Caribbean At Keppel Bay今年还录得另外28宗转售交易。EdgeProp Singapore汇总的产权备忘显示，其中27宗录得盈利，业主获利从95,000新币至146万新币不等。

本周第二高利润来自第10邮区项目Grange Residences的一套单位。这套面积2,852平方英尺的四房公寓于10月12日以1,020万新币售出，卖家净赚290万新币（39.7%）。

另请阅读：第10邮区共管公寓领跑每周转售获利；Grange Residences卖家获得315万新币利润

按约11.5年持有期计算，这相当于3%的年化收益。该单位此前于2015年5月以730万新币成交。

这笔交易远非Grange Residences获利最高的一笔。纪录利润为650万新币，来自2025年6月另一套四房单位的出售。

该套面积2,852平方英尺的单位以985万新币成交，业主曾于2004年6月以335万新币购入。因此，业主在21年间取得5.3%的年化收益。

Grange Residences于2004年竣工，是位于第10邮区Grange Road的永久地契项目。项目设有三栋18层楼宇，共164个住宅单位，均为四房户型，面积介于2,486至2,852平方英尺。

该共管公寓靠近Tanglin Mall及乌节路（Orchard Road）购物带。

与此相对，位于圣淘沙湾的Marina Collection录得本周最大亏损。

一套面积2,185平方英尺的四房单位于10月9日以310万新币（每平方英尺1,419新币）售出，卖家亏损236万新币。

另请阅读：永久地契项目Peach Garden以360万新币利润领跑每周共管公寓转售获利

该单位于2010年2月以546万新币（每平方英尺2,500新币）购入。因此，此次出售造成43.3%的亏损，按超过16年计算，年化亏损为3.3%。

尽管卖家录得七位数亏损，该数额仍明显小于上个月一套五房单位所录得的587万新币亏损，后者创下Marina Collection的新低纪录。

这套面积4,725平方英尺的公寓于9月3日以680万新币成交。卖家于2008年1月以1,267万新币购入该四楼单位，蒙受46.3%的亏损，按近19年计算，年化亏损为3.3%。

Marina Collection是于2011年竣工的99年租赁地契共管公寓，共有124个单位，分布于三栋四层楼宇，三房至五房单位面积介于1,873至4,725平方英尺。

该项目步行10分钟可达Quayside Isle，这是一座沿圣淘沙湾滨水而建、设有商铺与食肆的综合用途项目。驾车8分钟可达怡丰城（VivoCity）。
