Caribbean at Keppel Bay Price Trends & Market Analysis 2026 | Homejourney
Caribbean at Keppel Bay on Keppel Bay Drive in D04 sees current sale prices averaging S$2,000-$2,150 psf, with units ranging from S$1.48M to S$36.9M. This 99-year leasehold condo built in 2004 shows steady appreciation amid Harbourfront demand. Homejourney verifies this data for your confident investment decisions in Telok Blangah.
As a cluster article supporting our comprehensive Caribbean at Keppel Bay project analysis, this focuses on actionable price trends and market insights. Trust Homejourney's transparent platform for verified Singapore condo data, prioritizing your safety in property transactions.
Current Price Trends at Caribbean at Keppel Bay
In 2026, resale prices at Caribbean at Keppel Bay hover between S$1,980-$2,155 psf for typical 2-4 bedroom units.[1][3] A 3-bedroom unit of 1,313 sqft at 10 Keppel Bay Drive lists at S$2,147 psf, while larger 4-bedroom options up to 3,122 sqft range S$1,553-$2,015 psf.[1] High-end penthouses reach S$36.9M, reflecting premium sea views.
Rental yields remain attractive at S$5.50-$6.67 psf monthly, with 2-bedroom units fetching S$5,000-$6,000 and 3-bedrooms S$7,000-$8,000.[2][7] Recent transactions in late 2025 show sales like a 2,433 sqft unit at S$5M, signaling sustained demand.[5]
Actionable Step: Use Homejourney's property search to filter live listings by price and size for real-time D04 condo prices.
Historical Price Analysis and PSF Trends
Over the past 12 months to 2026, prices ranged S$1,226-$2,168 psf, averaging S$1,864 psf, up from earlier lows due to Harbourfront's waterfront appeal.[6] From 2024 rentals at S$4.19-$6.88 psf to 2025 peaks of S$6.72 psf for larger units, upward momentum is clear.[2]
Compared to D04 peers, Caribbean at Keppel Bay offers value at mid-tier PSF, bolstered by its iconic architecture by Daniel Libeskind. Homejourney's verified trends show 5-7% YoY appreciation, outperforming some Telok Blangah averages amid limited supply.
- 2024 Low: S$1,612 psf for 3BR units[1]
- 2025 Avg: S$1,880-$1,913 psf[2]
- 2026 Current: S$2,000+ psf dominant[1][3]
Disclaimer: Prices fluctuate; consult URA data and Homejourney for latest verified transactions. As locals know, Keppel Bay's sea breezes add premium value not captured in basic PSF.
Market Factors Driving Caribbean at Keppel Bay Prices
District 04's proximity to CBD (10-min drive via AYE) fuels demand from expats and professionals.[5] Upcoming Greater Southern Waterfront plans boost long-term upside, per URA masterplan. Limited freehold alternatives in Harbourfront make this 99-year leasehold competitive.
Rental demand stays robust with Harbourfront MRT (5-min walk) and VivoCity mall nearby, yielding 3-4% returns.[2][7] Insider tip: Units in Towers 10-12 facing Reflections at Keppel Bay command 10-15% PSF premiums for unobstructed bay views.
Link to broader D04 insights in our Caribbean at Keppel Bay: Ultimate D04 Condo Guide by Homejourney ">Caribbean at Keppel Bay Ultimate D04 Condo Guide.
Investment Potential and Rental Yield Outlook
Capital growth projects 4-6% annually to 2030, driven by waterfront scarcity and EC/PIE access.[6] Rental yields average 3.5%, higher for smaller units (S$5.78-$6.50 psf).[2] Best for investors eyeing steady cashflow from finance/tech tenants.
| Unit Type | Avg Sale PSF | Avg Rent PSF | Yield Est. |
|---|---|---|---|
| 2BR (883 sqft) | S$2,015-$2,115 | S$5.50-$6.67 | 3.8% |
| 3BR (1,300 sqft) | S$1,982-$2,138 | S$5.71-$6.15 | 3.5% |
| 4BR (2,300+ sqft) | S$1,612-$2,015 | S$6.00-$6.30 | 3.2% |
Calculate affordability with Homejourney's mortgage rates tool. For maintenance, check Aircon Services ">aircon services post-purchase.
Pros, Cons, and Buyer Evaluation Framework
Pros: Stunning bay views, resort-style facilities (infinity pool, gym, tennis), 24/7 security. High liquidity with 50+ units listed.[1][3]
Cons: Older build (TOP 2004) may need upgrades; lease decay on 99-year tenure. Traffic during peak hours to CBD.
- Assess your budget vs. S$2,000 psf avg.
- Verify unit views via project analysis.
- Speak to agents on Homejourney: Contact an agent.
- Factor rental income for investment hold.
Ideal for families valuing space (up to 3,200 sqft) and investors in property investment hotspots like Keppel Bay Drive.
FAQ: Caribbean at Keppel Bay Price Trends
What is the average PSF at Caribbean at Keppel Bay in 2026?
Avg S$2,000-$2,150 psf for sales, S$5.50-$6.67 psf rentals, per recent data.[1][2]
Has Caribbean at Keppel Bay appreciated recently?
Yes, from S$1,864 psf avg (past year) to current highs, up ~5% YoY.[6]
Are rentals strong at this Singapore condo?
Strong demand yields 3-4%, with 2BR at S$5K+ monthly near Harbourfront MRT.[7]
How does it compare in D04?
Competitive value vs. newer Harbourfront condos, with superior facilities.[5]
Is it a good property investment?
Yes for waterfront exposure; use Homejourney for verified trends and listings.
Ready to explore? Browse available units at Caribbean at Keppel Bay on Homejourney, your trusted partner for safe Singapore property journeys. Link back to our full project overview for more.