Caribbean at Keppel Bay Investment Analysis: Rental Yield and Growth

Caribbean at Keppel Bay on Keppel Bay Drive offers investors a rental yield of approximately 3.47% to 4%, matching or slightly exceeding District 04 averages, with steady capital growth potential driven by its prime Harbourfront location.[1][4][5]

This cluster article dives deep into the investment metrics for this iconic Singapore condo in D04 (Telok Blangah, Harbourfront), building on our comprehensive pillar guide, Caribbean at Keppel Bay: Ultimate D04 Condo Guide by Homejourney.Caribbean at Keppel Bay: Ultimate D04 Condo Guide by Homejourney At Homejourney, we prioritize verified data and transparency to help you make safe, confident property investment decisions.

Project Overview for Investors

Developed by Harbourfront Properties (a joint venture including Pontiac Land), Caribbean at Keppel Bay is a 99-year leasehold condominium with TOP in 2006, comprising 969 units across six towers.[3][6][7] Located at Keppel Bay Drive, it sits in the vibrant D04 area, benefiting from proximity to the Central Business District (CBD) just 10-15 minutes away via AYE expressway.

Unit mix includes 2- to 4-bedroom apartments ranging from 800 to 2,400 sqft, ideal for families or expatriate rentals. Current average PSF price stands at around $1,727, about 5% below the district average, signaling potential value for money.[1] For detailed floor plans and facilities, see our related guide: Caribbean at Keppel Bay Floor Plans & Facilities: Homejourney's Complete Guide.Caribbean at Keppel Bay Floor Plans & Facilities: Homejourney's Complete Guide

Rental Yield Breakdown: Current Data and Calculations

The average gross rental yield at Caribbean at Keppel Bay is 3.47%, aligning precisely with District 04's average, based on recent transactions.[1] Other analyses report yields up to 4%, reflecting strong expatriate demand in Harbourfront.[4][5]

Recent rentals (as of 2025 data extended to 2026 trends) show:

2-bedroom units (900-1,000 sqft): $5,500-$6,000/month ($5.50-$6.67 psf).[2]
3-bedroom units (1,300-1,400 sqft): $8,000/month ($5.71-$6.15 psf).[2]
4-bedroom units (1,800-2,400 sqft): $10,000-$14,500/month ($4.23-$6.30 psf).[2]

To calculate your potential yield: (Annual Rental Income ÷ Property Price) × 100. For a $2.5M unit renting at $72,000/year (e.g., 2BR at $6,000/month), yield is ~2.88% gross—adjust for maintenance and vacancy for net ~2.5%.

Insider tip: Expat tenants prefer high-floor units with bay views, boosting rents by 10-15%. Homejourney verifies all listings for authenticity, ensuring you avoid untrustworthy deals.

Historical Price Trends and Capital Growth Potential

Average PSF has held steady at $1,727, with historical appreciation outpacing some D04 peers like Reflections at Keppel Bay ($1,695 psf).[1] Compared to district averages, it's 5% undervalued, positioning it for 4-6% annual growth amid Harbourfront's waterfront revitalization.[1][6]

Key drivers include URA's Greater Southern Waterfront plans, enhancing long-term value. Resale liquidity is strong with 969 units, and low vacancy rates support steady appreciation. For full trends, explore Homejourney's Caribbean at Keppel Bay project analysis.Caribbean at Keppel Bay Price Trends & Market Analysis 2026 | Homejourney

Unit Type	Avg Size (sqft)	Avg Rent ($/psf)	Yield Estimate	PSF Price
2BR	900-1,000	$5.50-$6.67	3.47-4%	$1,727
3BR	1,300-1,400	$5.71-$6.15	3.5%	$1,727
4BR	1,800-2,400	$4.23-$6.30	3.6%	$1,727

Disclaimer: Yields and prices fluctuate; consult URA data and a professional advisor. Homejourney provides verified insights but not financial advice.

Actionable Steps for Investing in Caribbean at Keppel Bay

1. Assess Yield Fit: Target 3.5%+ net yield? Prioritize 2-3BR units for expat demand.
2. Check Financing: Use Homejourney's mortgage calculator for Bank Rates rates—ABSD and LTV rules apply for investors.
3. Verify Listings: Browse available units at Caribbean at Keppel Bay on Homejourney for trusted, verified options.
4. Factor Growth: Review nearby amenities via Caribbean at Keppel Bay Amenities: Schools, Shopping, Transport | Homejourney .
5. Speak to Experts: Contact a property agent about Caribbean at Keppel Bay for personalized advice.
6. Plan Maintenance: Budget for upkeep; check Aircon Services for reliable services.

Compared to alternatives like Brighton Crest, Caribbean offers superior waterfront appeal and higher liquidity.Brighton Crest Price Trends & Market Analysis 2026 | Homejourney

Pros, Cons, and Who Should Invest

Pros: Prime location (HarbourFront MRT 10-min walk), strong rental demand from maritime expats, undervalued PSF for growth.[1][6]
Cons: 99-year leasehold (from 2001), higher maintenance due to luxury facilities, traffic during peak hours on Keppel Bay Drive.
Best for: Long-term investors seeking 4-5% total returns (yield + appreciation), expat landlords. Not ideal for short-term flips due to cooling measures.

FAQ

What is the rental yield for Caribbean at Keppel Bay?
Average gross yield is 3.47-4%, based on $5,500-$14,500 monthly rents for 2-4BR units.[1][2][4][5]

Is Caribbean at Keppel Bay a good investment in 2026?
Yes, with PSF at $1,727 (5% below D04 average) and URA waterfront plans boosting growth.[1][6]

How does it compare to other D04 condos?
Similar yields to Reflections at Keppel Bay (3.82%) but better bay views and facilities.[1]

What are typical rental prices?
2BR: $5,500-$6,000; 3BR: $8,000; 4BR: $10,000+.[2]

How to finance Caribbean at Keppel Bay purchase?
Use Homejourney's bank rates tool; investors face 25% ABSD.Bank Rates

Ready to invest? Search verified listings or view full analysis on Homejourney. Trust Homejourney for safe, transparent property journeys—your confident decision starts here.