Short answer: Caribbean at Keppel Bay is a 969-unit, 99-year leasehold condo along Keppel Bay Drive in District 4, developed by Keppel Bay Pte Ltd for Keppel Land and completed in 2004. Its lease started on 16 August 1999, leaving about 72 years. Resales averaged S$1,916 psf over the past 12 months.
Updated 29 September 2026. This page replaces an earlier version that contained incorrect facts; see the correction note at the end.
What is Caribbean at Keppel Bay?
| Developer | Keppel Bay Pte Ltd; the architect lists the client as Keppel Land International |
| Address | 2 to 46 Keppel Bay Drive (even numbers), Singapore (District 4) |
| Tenure | 99-year leasehold from 16 August 1999 (about 72 years left in September 2026) |
| Units | 969 homes in 23 blocks of up to 10 storeys |
| Gross floor area | 132,780 sq m |
| Architect | DCA Architects |
| Completed | 2004 |
| Nearest MRT | Telok Blangah (CC28), about 690 m on foot; HarbourFront (NE1/CC29), about 870 m |
Sources: EdgeProp project page (developer entity, lease start, units, maximum storeys, completion); DCA Architects (client, gross floor area, 2004); OneMap (23 addresses from 2 to 46 Keppel Bay Drive); Stacked Homes (walking distances, updated 28 September 2026).
Remaining lease is our arithmetic: a lease from August 1999 runs to August 2098, which is about 71.9 years from September 2026.
Caribbean is one of the homes in Keppel Land's Keppel Bay precinct, alongside Reflections at Keppel Bay and Corals at Keppel Bay. Keppel's precinct page describes Reflections and Caribbean as FIABCI award-winning developments and says Keppel Bay will have around 3,000 homes when fully developed (Keppel, checked 29 September 2026). Caribbean was completed in 2004; Corals at Keppel Bay followed in 2016.
How far is Caribbean at Keppel Bay from the MRT?
The nearest station is Telok Blangah on the Circle Line. Stacked Homes gives walking distances of 690 m (about eight minutes) to Telok Blangah and 870 m (about ten minutes) to HarbourFront, the Circle and North East Line interchange beside VivoCity. The VivoCity station at a similar distance is on the Sentosa Express monorail, not the MRT network. Labrador Park station is about 1.4 km away.
Because the estate is spread across 23 blocks, the distance depends on the block. Our straight-line measurements between OneMap coordinates range from about 440 m (10 Keppel Bay Drive) to 740 m (40 Keppel Bay Drive) to HarbourFront Exit A, and from about 640 m (40 Keppel Bay Drive) to 880 m (12 Keppel Bay Drive) to Telok Blangah Exit A. Walking routes are longer than straight lines.
What are the unit sizes?
The developer's floor plans reproduced by Stacked Homes include 3-bedroom layouts of 1,270 to 2,282 sq ft, a 1,690 sq ft 2-bedroom with study, and a 4,650 sq ft 5-bedroom penthouse. Resale records also include smaller homes: two units of 893 sq ft changed hands in May and August 2026. The published floor plans may not cover every layout, so check the specific unit's strata area before comparing prices.
How much has Caribbean at Keppel Bay sold for?
| Period | Figure | Source |
|---|---|---|
| Last 12 months to September 2026 | 33 sales, average S$1,916 psf; prices S$1.7 million to S$5.01 million | Stacked Homes (updated 28 September 2026); EdgeProp gives the same average |
| Last 12 months, psf range | S$1,185 to S$2,170 psf | EdgeProp |
| 29 June 2026 | S$3.55 million (S$2,170 psf) for 1,636 sq ft, the 12-month high in psf | Stacked Homes; EdgeProp |
| 28 August 2026 | S$3.8 million (S$1,185 psf) for 3,208 sq ft | Stacked Homes |
| 16 September 2026 | S$2.66 million (S$1,993 psf) for a 1,335 sq ft 3-bedroom | Stacked Homes |
We checked the arithmetic: S$2.66 million for 1,335 sq ft is about S$1,993 psf, S$3.55 million for 1,636 sq ft is about S$2,170 psf, and S$3.8 million for 3,208 sq ft is about S$1,185 psf. Large units usually transact at a lower psf, which is why the range is so wide.
Stacked Homes' yearly averages rose from S$1,714 psf in 2022 to S$1,922 psf in 2026. Averages mix unit sizes and floors, so compare like-for-like units using URA caveats before drawing conclusions.
What do Caribbean at Keppel Bay units rent for?
Stacked Homes recorded 272 leases between September 2025 and August 2026, with a median rent of S$7,200 a month. Medians by type were S$5,250 for 2-bedroom, S$7,500 for 3-bedroom and S$11,750 for 4-bedroom units. We do not quote a rental yield, because it depends on each buyer's purchase price and the estimates on different sites differ.
Who might Caribbean at Keppel Bay suit?
This is a summary of trade-offs, not a recommendation. Caribbean offers a large, established waterfront estate in the Keppel Bay precinct, with a lower average psf in the past year than its newer neighbour Corals at Keppel Bay (S$2,079 psf, Stacked Homes). The trade-offs: the lease started in 1999, so about 72 years remain, and the nearest MRT station is a walk of roughly eight to ten minutes. Our guide to lease decay and CPF rules explains how remaining lease affects financing, and the ABSD guide covers stamp duties on second and later purchases.
FAQ
Who developed Caribbean at Keppel Bay? Keppel Bay Pte Ltd, for Keppel Land. It was designed by DCA Architects.
Is Caribbean at Keppel Bay freehold? No. It is a 99-year leasehold from 16 August 1999, so about 72 years remain in 2026.
When was Caribbean at Keppel Bay completed? In 2004.
How many units does Caribbean at Keppel Bay have? 969 homes across 23 blocks of up to 10 storeys.
What is the nearest MRT station? Telok Blangah on the Circle Line, about 690 m on foot. HarbourFront (Circle and North East Lines) is about 870 m away, according to Stacked Homes.
Is Caribbean at Keppel Bay the same as Corals or Reflections at Keppel Bay? No. They are separate condos in the same Keppel Bay precinct. Corals at Keppel Bay has 366 units and was completed in 2016; see our Corals at Keppel Bay review.
Correction
29 September 2026: An earlier version of this page gave the address as "6 Caribbean Close" and said Caribbean at Keppel Bay has 366 units, a lease from 2003 with about 78 years left, completion in 2006, and a mid-2000s launch. It also named Labrador Park as the nearest MRT station, a 15-minute walk, and put HarbourFront about 2 km away. The development is on Keppel Bay Drive, has 969 homes, a 99-year lease from 16 August 1999 (about 72 years left) and was completed in 2004; the nearest stations are Telok Blangah (about 690 m) and HarbourFront (about 870 m). Unsupported claims about unit sizes, facilities, build quality, pricing discounts, bank loan restrictions and en-bloc prospects were removed, as was an offer of a paid "full report" and personalised buying advice.
Disclaimer: This page is for information only and is not investment advice. SG Properties is not a licensed estate agency and is not affiliated with the developer.
Sources
- EdgeProp: Caribbean at Keppel Bay project page (developer, lease start, units, storeys, completion, 12-month prices; checked 29 September 2026)
- Stacked Homes directory: Caribbean at Keppel Bay (transactions, rents, walking distances; updated 28 September 2026)
- Stacked Homes: Caribbean at Keppel Bay floor plans (layouts and sizes; checked 29 September 2026)
- DCA Architects: Caribbean at Keppel Bay (client, gross floor area, completion)
- Keppel: Keppel Bay precinct (precinct, awards; checked 29 September 2026)
- OneMap (Singapore Land Authority) (addresses and coordinates for our distance measurements)
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