Short answer: Corals at Keppel Bay is a 366-unit, 99-year leasehold condo on Keppel Bay Drive in District 4, designed by Studio Libeskind for Keppel Land and completed in 2016. Its 11 low-rise blocks face King's Dock. The lease started in February 2007, leaving about 79 years. Resales averaged S$2,080 psf over the past 12 months.
Updated 1 November 2026. This page replaces an earlier version that contained incorrect facts; see the correction note at the end.
What is Corals at Keppel Bay?
| Developer | Keppel Bay Pte Ltd, a Keppel Land development |
| Address | 1 to 23 Keppel Bay Drive (odd numbers), Singapore 098012 for No. 1 (District 4) |
| Tenure | 99-year leasehold from 26 February 2007 (about 79 years left in November 2026) |
| Units | 366 homes in 11 low-rise blocks of up to 10 storeys |
| Building size | 47,779 sq m, as stated by Studio Libeskind |
| Architect | Studio Daniel Libeskind, with DCA Architects |
| Preview | 17 May 2013 |
| Completed | 2016 (handover from 31 October 2016) |
| Nearest MRT | HarbourFront (NE1/CC29), about 600 to 830 m on foot |
Sources: Studio Libeskind (client, 11 buildings, heights, 366 units, building size, 2016); EdgeProp project page (developer entity, lease start, local architect); PropertyGuru, 17 May 2013 (preview); PropertyGuru, 1 November 2016 (completion); OneMap (addresses and postal code).
Remaining lease is our arithmetic: a lease from February 2007 runs to February 2106, which is about 79.3 years from November 2026. Sources differ slightly on building heights: Studio Libeskind says 4 to 12 storeys, while EdgeProp and the 2016 completion report say up to 10.
Corals was the second Keppel Land project by Studio Libeskind, after Reflections at Keppel Bay. The practice says the blocks are arranged in a V to keep the waterfront open, with reflecting pools running the length of each building. Studio Libeskind lists a 2019 Construction Excellence Award (Residential Buildings) from the Building and Construction Authority, and the 2016 completion report says the project received a BCA Green Mark GoldPlus award.
How far is Corals at Keppel Bay from the MRT?
HarbourFront, the interchange for the North East and Circle Lines beside VivoCity, is the nearest MRT station. Stacked Homes gives 600 m (about eight minutes) in its April 2020 review and 830 m in its directory; the directory also lists the VivoCity station, which is on the Sentosa Express monorail rather than the MRT network. Stacked Homes puts Telok Blangah (Circle Line) about 1.2 km away on foot.
Our straight-line measurements between OneMap coordinates put the blocks about 380 m (21 Keppel Bay Drive) to 580 m (7 Keppel Bay Drive) from HarbourFront Exit A. Walking routes are longer than straight lines.
What unit types does Corals at Keppel Bay have?
Corals has 1- to 4-bedroom apartments and penthouses. Studio Libeskind gives a size range of about 600 to 7,900 sq ft. Stacked Homes' April 2020 review gives this unit mix, which adds up to the full 366 homes:
| Unit type | Units | Size |
|---|---|---|
| 1-bedroom | 46 | 570 to 732 sq ft |
| 2-bedroom | 115 | 840 to 1,066 sq ft |
| 3-bedroom | 87 | 1,184 to 1,421 sq ft |
| 3-bedroom deluxe | 70 | 1,389 to 1,593 sq ft |
| 4-bedroom | 18 | 2,573 to 2,777 sq ft |
| 4-bedroom deluxe | 22 | 2,766 to 3,660 sq ft |
| Penthouse | 8 | 4,725 to 7,868 sq ft |
The developer's floor plans reproduced by Stacked Homes fall within these ranges.
How much has Corals at Keppel Bay sold for?
| Period | Figure | Source |
|---|---|---|
| Preview, 17 May 2013 | First 100 units expected to sell at about S$1,800 to S$3,000 psf; preview prices S$1.31 million to S$10.7 million | PropertyGuru, citing The Business Times |
| Completion, October 2016 | 58% of units sold since the 2013 launch, at an average of about S$2,200 psf | PropertyGuru, 1 November 2016 |
| August 2015 and February 2020 | A 1,248 sq ft 3-bedroom bought for S$2.59 million (S$2,074 psf) was put up for auction at S$2.18 million (S$1,745 psf) | EdgeProp, 7 February 2020 |
| Last 12 months to October 2026 | 12 sales, average S$2,080 psf, range S$1,797 to S$2,248 psf (S$1.78 million to S$3.46 million) | Stacked Homes (data to 30 October 2026); EdgeProp gives the same average and range |
| 28 September 2026 | S$3.18 million (S$2,156 psf) for a 1,475 sq ft 3-bedroom | Stacked Homes |
| 11 September 2026 | S$2.65 million (S$2,141 psf) for 1,238 sq ft | Stacked Homes |
We checked the arithmetic: S$3.18 million for 1,475 sq ft is about S$2,156 psf, S$2.65 million for 1,238 sq ft is about S$2,141 psf, S$3.46 million for 1,539 sq ft (7 August 2026) is about S$2,248 psf, and S$2.59 million for 1,248 sq ft is about S$2,075 psf. The 2020 auction figure is an asking price, not a completed sale.
Stacked Homes' yearly averages were S$2,398 psf in 2023, S$2,198 psf in 2024, S$2,045 psf in 2025 and S$2,080 psf in 2026 to October. Averages mix unit sizes and floors, and with around a dozen resales a year they can move sharply, so compare like-for-like units using URA caveats before drawing conclusions.
What do Corals at Keppel Bay units rent for?
Stacked Homes recorded 125 leases between September 2025 and August 2026. Median rents were S$4,175 a month for 1-bedroom, S$5,800 for 2-bedroom and S$8,500 for 3-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 Corals at Keppel Bay suit?
This is a summary of trade-offs, not a recommendation. Corals' distinctive features are its Libeskind design, low-rise blocks facing King's Dock, and a relatively young lease for the Keppel Bay precinct. In the past year it averaged a higher psf than its older neighbour Caribbean at Keppel Bay (S$1,926 psf, Stacked Homes). The trade-offs: resale volumes are thin, the nearest MRT is a walk of roughly 8 to 10 minutes, and the 99-year lease started in 2007. 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 Corals at Keppel Bay? Keppel Bay Pte Ltd, for Keppel Land. It was designed by Studio Daniel Libeskind with DCA Architects.
Is Corals at Keppel Bay freehold? No. It is a 99-year leasehold from 26 February 2007.
When was Corals at Keppel Bay completed? In 2016; keys were handed over from 31 October 2016.
How many units does Corals at Keppel Bay have? 366 homes in 11 blocks.
What is the nearest MRT station? HarbourFront on the North East and Circle Lines, about 600 to 830 m on foot according to Stacked Homes.
Is Corals the same as Reflections or Caribbean at Keppel Bay? No. They are separate condos in the same Keppel Bay precinct. Caribbean at Keppel Bay has 969 units and was completed in 2004; see our Caribbean at Keppel Bay review.
Correction
1 November 2026: The facts table labelled Studio Libeskind's 47,779 sq m figure as the site area; Studio Libeskind gives it as the building size. We also updated the 12-month resale figures, the 2026 average, the Caribbean comparison and the Telok Blangah walking distance to the latest Stacked Homes data.
29 September 2026: An earlier version of this page gave the address as "93 Keppel Bay Drive" and said Corals was completed in 2015, with a lease from 2008 and about 84 years left. It put HarbourFront MRT about 1.5 km away, described a complimentary estate shuttle, gave unit sizes of 635 to 2,368 sq ft, and said Corals trades 15% to 20% below Caribbean and Reflections and that Caribbean was completed in 2003. Corals is at 1 to 23 Keppel Bay Drive, was completed in 2016, and has a 99-year lease from 26 February 2007 (about 79 years left). HarbourFront is about 600 to 830 m on foot, units range from about 570 to 7,868 sq ft, and in the past year Corals averaged a higher psf than Caribbean, which was completed in 2004. Unsupported claims about the shuttle, schools, rental yields, tenant profile and comparisons with other areas 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
- Studio Libeskind: Corals at Keppel Bay (client, buildings, units, building size, awards; checked 1 November 2026)
- EdgeProp: Corals at Keppel Bay project page (developer entity, lease start, 12-month prices; checked 1 November 2026)
- PropertyGuru: Corals at Keppel Bay launches preview sales (17 May 2013)
- PropertyGuru: Developer completes Corals at Keppel Bay project (1 November 2016)
- EdgeProp: Waterway-facing unit at Corals at Keppel Bay priced from $2.18 mil (7 February 2020)
- Stacked Homes: Corals at Keppel Bay review (14 April 2020; walking distance, unit mix and sizes)
- Stacked Homes directory: Corals at Keppel Bay (transactions, rents, walking distances; data to 30 October 2026, checked 1 November 2026)
- Stacked Homes: Corals at Keppel Bay floor plans (unit sizes; checked 1 November 2026)
- OneMap (Singapore Land Authority) (addresses and coordinates for our distance measurements)
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