Marketing Launch of Caribbean at Keppel Bay A decade of hard work and planning culminated in the successful launch of the Caribbean at Keppel Bay on 16 September 2000, marking the beginning of the transformation of Keppel Shipyard into a premier waterfront housing district. The first and only one of its kind, Caribbean at Keppel Bay redefines waterfront living in Singapore, with its unparalleled sea views, a marina and spectacular water channels. Caribbean is the first residential project to be developed on the 32-ha waterfront site, which is destined to be a major landmark in Singapore.

The development with a total gross floor area of 1.43 million sf consists of 969 units housed in 22 blocks. The development is scheduled for completion in 2004. The other three residential projects to be developed over the next five to seven years will also bear the suffix Keppel Bay, reinforcing the unique identity of this waterfront district. Together, the four projects will provide 2,700 homeowners with a lifestyle, not experienced previously in Singapore. Keppel Land, which holds 30% equity of the entire waterfront project, is also the development manager. Keppel Corporation holds the remaining 70%.