Completed 2004

Caribbean at Keppel Bay

D04 · Harbourfront / Telok Blangah · 12 Keppel Bay Drive

A 969-unit condo in D04, completed in 2004, on a 99-year lease from 1999 with about 71 years left. Developed by Keppel Bay Pte Ltd.

Source: Condo master (URA caveats); URA transactions, Nov 2026

71 yrs

Lease left

$1,939

Avg $psf, 12 months

Sales, 12 months

2004

Completed

Floor plans →

What brings you to Caribbean at Keppel Bay?

Buying here? Get a second opinion. 3-bedders here sold for $2.3M to $3.55M over the last 12 months. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

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Get a second opinion

02 — Prices

Caribbean at Keppel Bay prices

Last 12 months

Sales

$1,939

Average $psf

$1,185 – $2,339

$psf range

$1.7M – $5.59M

Price range

By bedroom type

Last 12 months

TypeSalesAvg $psfPrice rangeSize

3-Bedroom20 sales$1,929 psf$2.3M – $3.55M1,206–2,282 sq ft

Prices by bedroom type are based on matching sales to unit sizes.

By unit size

Last 12 months

SizeSalesAvg $psfAvg pricePrice range

700–899 sq ft8 sales$1,978 psfAvg $1.74M$1.7M – $1.8M

900–1,099 sq ft1 sale$2,029 psf$1.84M

1,100–1,299 sq ft12 sales$1,931 psfAvg $2.42M$2.3M – $2.6M

1,300–1,599 sq ft7 sales$1,957 psfAvg $2.63M$2.35M – $2.83M

1,600–1,999 sq ft1 sale$2,170 psf$3.55M

2,000–2,499 sq ft3 sales$1,974 psfAvg $4.69M$3.48M – $5.59M

2,500–3,499 sq ft1 sale$1,185 psf$3.8M

Average $psf by year

In 2025, sales here averaged $1,864 psf, in line with the D04 average of $1,842 psf for private homes (condos, apartments and ECs).

This condoD04 average

$2,100 $1,700 $1,300

$1,495

2015’15

$1,448

2016’16

$1,485

2017’17

$1,569

2018’18

$1,536

2019’19

$1,436

2020’20

$1,565

2021’21

$1,714

2022’22

$1,811

2023’23

$1,846

2024’24

$1,864

2025’25

$1,939

2026’26

Show as a table

Year	This condo	D04 average
2026	$1,939	$1,876
2025	$1,864	$1,842
2024	$1,846	$1,848
2023	$1,811	$1,952
2022	$1,714	$1,800
2021	$1,565	$1,923
2020	$1,436	$1,513
2019	$1,536	$1,596
2018	$1,569	$1,554
2017	$1,485	$1,517
2016	$1,448	$1,402
2015	$1,495	$1,454

Sales by year

1,262 sales since 2007; the busiest year was 2009 with 200. The 2026 bar covers Jan–Nov.

200

100

Show as a table

Year	Resale	Total
2026	30	30
2025	39	39
2024	39	39
2023	27	27
2022	32	32
2021	70	70
2020	40	40
2019	40	40
2018	49	49
2017	48	48
2016	40	40
2015	29	29
2014	26	26
2013	45	45
2012	69	69
2011	86	86
2010	123	123
2009	200	200
2008	35	35
2007	195	195

Sales in the last two years

76 sales, newest first. Units show the floor only.

DateUnitSizePrice$psfType

13 Oct 2026#03-XX2,390 sq ft$5.59M$2,339 psfResale

8 Oct 2026#04-XX1,281 sq ft · 3-Bedroom$2.36M$1,842 psfResale

6 Oct 2026#08-XX872 sq ft$1.78M$2,042 psfResale

16 Sep 2026#04-XX1,335 sq ft · 3-Bedroom$2.66M$1,993 psfResale

28 Aug 2026#06-XX3,208 sq ft$3.8M$1,185 psfResale

28 Aug 2026#05-XX872 sq ft$1.73M$1,978 psfResale

19 Aug 2026#03-XX893 sq ft$1.75M$1,959 psfResale

17 Aug 2026#02-XX1,335 sq ft · 3-Bedroom$2.35M$1,761 psfResale

29 Jun 2026#04-XX1,636 sq ft · 3-Bedroom$3.55M$2,170 psfResale

10 Jun 2026#07-XX1,281 sq ft · 3-Bedroom$2.45M$1,913 psfResale

Show all 76 sales

Compared with nearby condos

Compared with D04 and the five nearest similar condos · average $psf and price, all unit sizes

Caribbean at Keppel BayThis condo · 99-yr from 1999 · 33 sales, last 12 months $1,939 psfavg $2.56M

D04 medianAll condo sales, last 12 months $1,819 psfavg $2.65M

Corals at Keppel Bay240 m · 2016 · 99-yr from 2007 · 13 sales $2,087 psfavg $2.39M The Reef at King's Dock350 m · 2025 · 99-yr from 2021 · 27 sales $2,495 psfavg $1.75M Reflections at Keppel Bay410 m · 2011 · 99-yr from 2006 · 57 sales $1,762 psfavg $3.1M The Foresta @ Mount Faber430 m · 2014 · Freehold · 2 sales $1,968 psfavg $918k Harbour View Towers900 m · 1994 · 99-yr from 1990 · 3 sales $1,538 psfavg $2.27M

Prices by bedroom type are based on matching sales to unit sizes.

Source: URA caveats, Nov 2026. The 2026 averages cover Jan–Nov.

03 — Rent

Caribbean at Keppel Bay rent

Leases starting Sep 2025–Aug 2026

272

Leases

$7,200

Median rent a month

$2.56M

Avg sale price, 12 months

3.4%

Est. gross yield

D04 median rent: $7,500 a month; est. gross yield 3.1%.

By bedroom type

TypeLeasesMedian rentMiddle halfD04 medianEst. yield

2-Bedroom97 leases$5,250 median$5,100 – $5,500D04 $5,300– yield

3-Bedroom145 leases$7,500 median$7,200 – $8,200D04 $8,5003.5% yield

4-Bedroom30 leases$11,750 median$9,875 – $13,625D04 $12,500– yield

Rent and yield compared with nearby condos

Est. gross yield, with median rent a month · nearest condos with 5+ leases

Caribbean at Keppel BayThis condo · 99-yr from 1999 · 272 leases 3.4%$7,200 median rent

D04 medianAll condo leases, same months 3.1%$7,500 median rent

Corals at Keppel Bay240 m · 2016 · 99-yr from 2007 · 125 leases 3.1%$6,100 median rent The Reef at King's Dock350 m · 2025 · 99-yr from 2021 · 96 leases 3.3%$4,800 median rent Reflections at Keppel Bay410 m · 2011 · 99-yr from 2006 · 318 leases 2.9%$7,500 median rent Harbour View Towers900 m · 1994 · 99-yr from 1990 · 44 leases 2.4%$4,600 median rent Harbourlights910 m · 1997 · Freehold · 50 leases 2.3%$4,000 median rent

Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Lease

71years left of 99

1999Ends 2098

99-year lease from 16 Aug 1999. About 71 years remain as of Nov 2026.

Source: Condo master (URA caveats)

05 — Unit mix

Caribbean at Keppel Bay floor plans by bedroom type

11 layouts, from a 1,270 sq ft 3-bedroom to a 4,650 sq ft 5-bedroom. Pick a type to see its floor plans.

Bedroom typeLayoutsSize range

2-Bedroom 1 1,690 sq ft 1 layout · 1,690 sq ft

D8a1,690 sq ft

3-Bedroom 9 1,270 – 2,282 sq ft 9 layouts · 1,270 – 2,282 sq ft

C151,313 sq ft C161,313 sq ft C121,378 sq ft C14a1,270 sq ft C13a1,270 sq ft D81,647 sq ft C141,281 sq ft C131,281 sq ft D72,282 sq ft

5-Bedroom 1 4,650 sq ft 1 layout · 4,650 sq ft

P24,650 sq ft

Source: Developer floor plans; bedroom counts read by Stacked

06 — Location

Near Caribbean at Keppel Bay

MRT stations

CC Telok Blangah 690 m · 8 min walk

CCNE Harbourfront 870 m · 10 min walk

S Vivocity Station 870 m · 10 min walk

CC Labrador Park 1.5 km · 18 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools

Within 2 km

Blangah Rise Primary School 1.2 km · 22 min walk

Radin Mas Primary SchoolPopular 1.3 km · 28 min walk

CHIJ (Kellock) 1.7 km · 33 min walk

Gan Eng Seng Primary School 2.0 km · 34 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities

Park King's Dock Park 940 m · 11 min

Clinic DRS. Bain and Partners 800 m · 10 min

Supermarket Cold Storage / Giant 1.1 km · 13 min

Hawker centre Telok Blangah Food Centre 1.2 km · 15 min

Map of the area around Caribbean at Keppel Bay, with nearby MRT stations and primary schools — Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

07 — Nearby

Condos and supply around Caribbean at Keppel Bay

Closest condos

Corals at Keppel Bay240 m · 2016 · 99-yr from 2007 avg $2.39M$2,087 psf The Reef at King's Dock350 m · 2025 · 99-yr from 2021 avg $1.75M$2,495 psf Reflections at Keppel Bay410 m · 2011 · 99-yr from 2006 avg $3.1M$1,762 psf The Foresta @ Mount Faber430 m · 2014 · Freehold avg $918k$1,968 psf

Upcoming supply

Telok Blangah Road260 m · about 715 units · 1.37 ha Awarded · $14,273 psm GFA · Nov 2025

Berlayar Drive890 m · about 395 units · 2.54 ha Awarded · $16,307 psm GFA · Aug 2026

Berlayar Close890 m · about 658 units · 2.82 ha Upcoming

Source: URA transactions; URA land sales; OneMap distances, Nov 2026

08 — From Stacked

Questions about Caribbean at Keppel Bay

How many years are left on the lease at Caribbean at Keppel Bay?

About 71 years. It is a 99-year lease from 1999.

When was Caribbean at Keppel Bay completed?

2004.

How many units does Caribbean at Keppel Bay have?

969 units, up to ten storeys.

What sizes are the 3-bedroom units?

1,270 to 2,282 sq ft across nine layouts.

What is the price psf at Caribbean at Keppel Bay?

33 sales in the last 12 months averaged $1,939 psf, ranging from $1,185 to $2,339 psf.

What did the latest sale go for?

A 2,390 sq ft unit sold for $5.59M ($2,339 psf) on 13 Oct 2026.

How much is the rent at Caribbean at Keppel Bay?

Leases starting Sep 2025–Aug 2026 had a median rent of $7,200 a month ($5,250 for a 2-bedroom, $7,500 for a 3-bedroom and $11,750 for a 4-bedroom). That is an estimated gross yield of about 3.4%, before costs.

What is the nearest MRT station?

Telok Blangah (CC), an 8-minute walk (690 m). Harbourfront (CC, NE) is 870 m away.

Who developed Caribbean at Keppel Bay?

Keppel Bay Pte Ltd.

Answers generated from the data on this page, Nov 2026

Caribbean at Keppel Bay

Caribbean at Keppel Bay prices

Caribbean at Keppel Bay rent

Caribbean at Keppel Bay floor plans by bedroom type

Near Caribbean at Keppel Bay

Condos and supply around Caribbean at Keppel Bay

Read more about Caribbean at Keppel Bay

Questions about Caribbean at Keppel Bay