District 04 · Bukit Merah · RCR
Caribbean At Keppel Bay
Keppel Bay Drive · Condominium · 99 yrs lease commencing from 1999 · 970 units
Current PSF
$1,888
+11.3% vs district median
Gross yield
3.7%
median rent $7,400/mo
3-year gain
7.1%
Transactions · 5y
201
40 in last 12 months
Nearest MRT
Telok Blangah Mrt Station · 644.423m
CCL
Future MRT
West Coast Mrt Station
CRL · 2032
Vs local HDB
+140% premium
HDB median $786 psf
Area income
$8,500/mo median
residential zone
En-bloc potential29 / 100
21 years old · 970 units · composite of plot use, age, tenure, value gap & size
Price trend average PSF by year
2021
$1,585
2022
$1,714
+8.1%
2023
$1,811
+5.7%
2024
$1,846
+1.9%
2025
$1,864
+1%
2026
$1,940
+4.1%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 2BR | $5,300/mo | $6.24 | 4.0% | 392 |
| 3BR | $7,300/mo | $5.41 | 3.4% | 621 |
| 4BR | $10,800/mo | $5.84 | 3.7% | 151 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Mar 2026 | $1,835,000 | 904 | $2,029 | 06-10 |
| Feb 2026 | $3,480,000 | 2,282 | $1,525 | 01-05 |
| Feb 2026 | $2,720,000 | 1,335 | $2,038 | 01-05 |
| Feb 2026 | $2,380,000 | 1,206 | $1,974 | 01-05 |
| Jan 2026 | $2,680,000 | 1,356 | $1,976 | 06-10 |
| Jan 2026 | $2,488,000 | 1,206 | $2,064 | 06-10 |
| Jan 2026 | $2,475,000 | 1,270 | $1,949 | 06-10 |
| Jan 2026 | $2,380,000 | 1,270 | $1,874 | 06-10 |
| Jan 2026 | $1,740,000 | 893 | $1,948 | 01-05 |
| Jan 2026 | $1,700,000 | 840 | $2,025 | 06-10 |
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