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City&Country: Luxurious waterfront abode at Keppel Bay

Everyone loves a view, especially of the sea from a very high elevation. That, and more, can be found at the luxurious Reflections at Keppel Bay in Singapore, which will be launched in Malaysia this month, says its developer Keppel Corp Ltd.

The leasehold project, which comprises six high-rise towers and 11 low-rise villa apartment blocks, is due for completion in 2012. It sits on 20.76 acres and has 2,460ft of shoreline, and will cost about S$1 billion (RM2.3 billion) to build. The development was launched in Singapore in 2007.

There are six to eight storeys, while the high-rise towers range from 21 to 41 storeys, and are crowned with lush sky gardens on sloping rooflines. There are also sky bridges to link the towers.

altReflections at Keppel Bay offers 1,129 luxury units, with built-ups starting from 1,000 sq ft. The 34 penthouses, with built-ups of 3,600 to 8,200 sq ft, come with an average selling price of S$2,000 per sq ft. Meanwhile, a “super penthouse”, which takes up three floors, has a built-up of 13,300 sq ft.

Augustine Tan, CEO of Singapore residential at Keppel Land says they had launched 800 units to date, 97% of which has been sold. “We have progressively launched all six tower blocks and eight villa blocks,” Tan reveals. The developer’s latest launch is the 130-unit centre-piece tower block and a prime waterfront villa block, which have 472 apartment units. At least 300 of the apartments have a waterfront view.

The architect of Reflections at Keppel Bay is Daniel Libeskind, whose work include the Freedom Tower project in New York, the Jewish Museum in Berlin and the Denver Art Museum.Reflections at Keppel Bay was presented Singapore’s Building & Construction Authority’s Green Mark Gold Award in 2008, says Tan. The project has numerous green features, such as double-glazed and low emissivity glass to reduce heat transmission while allowing in natural light. There are also sub-meters to monitor energy consumption as well as energy-efficient lighting.

Besides the building design, the individual units also feature green technology. “Homeowners will be provided with energy-efficient air-conditioners, refrigerators and washing machines,” says Tan.

Amenities include an exclusive clubhouse, which comes with an Olympic-sized swimming pool and a state-of-the-art gym. Buyers will also have access to Marina at Keppel Bay on Keppel Island. This includes access to the clubhouse there, which provides facilities like a members’ lounge, gourmet restaurants, a spa and leisure charter services to neighbouring islands. All homeowners in Keppel Bay enjoy 10 years free membership and five years free subscription at the Marina.

Keppel Bay is a large development; in addition to Reflections at Keppel Bay, it also comprises residential development Caribbean at Keppel Bay and Marina at Keppel Bay.

Keppel Corp and its property arm, Keppel Land, are the developer of Keppel Bay. Keppel Corp has numerous companies under its wings, such as Keppel Offshore & Marine, Keppel Integrated Engineering, Keppel Energy and Keppel Telecommunications & Transportation.

Keppel Land, meanwhile, is one of the largest property companies by total assets on the Singapore Exchange. It has two core businesses — property development and property fund management. Its portfolio includes residential and resort properties across 10 cities in China, as well as a pipeline of more than 40,000 homes there.

This article appeared in City & Country, the property pullout of The Edge Malaysia, Issue 828, Oct 18-24, 2010

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