Loft apartment at The Crest up for auction at $2.65 mil
A three-bedroom loft residence at The Crest, around Prince Charles Crescent in Bukit Merah, in prime District 3, will most likely be set up for auction on April 23. A banking company’s sale, the 1,324 sq ft residential property has actually been placed on the block with a modified overview rate of $2.65 million ($ 2,002 psf), shares Knight Frank Singapore, that is managing the public auction.
She includes: “The residential property is excellent for buyers and homeowners, particularly for families with youngsters, that can benefit from the good outdoor open place within the development.”
The eighth-floor section includes a loft space design and has a living and dining room spot with a balcony, a kitchen, one en suite master bedroom, and two rooms. Based on the caveats lodged, this is the 3rd time that the property has been offered. It was initially offered in 2018 for $2.43 million ($ 1,832 psf).
This is the 3rd time the unit has been raised for auction. The very first was in January with a demanding rate of $2.8 million ($ 2,115 psf). It was once again put up for public auction in March with a price of $2.65 million ($ 2,002 psf). Having said that, not either auction sale brought in any kind of buyers.
Finished in 2017, The Crest is a 99-year leasehold condominium project providing 469 units spread across 3 23-storey towers and 4 low-rise, five-storey blocks. Home owners indulge in numerous amenities, featuring a clubhouse, sky gym, bbq pits, health and fitness place, pool, backyard, jacuzzi, jogging trail, tennis court, and round-the-clock safety.
The Hill @ One North showflat location
According to Tricia Tan, Knight Frank Singapore’s supervisor of public auction and sales, the unit uses unobstructed views of the surroundings and enjoys lots of all-natural light throughout its floor-to-ceiling home windows in the primary living part and around floor-to-ceiling house windows in its rooms.
The condominium is a six-minute walk to Redhill MRT Terminal on the East-West Line. It is in addition inside strolling range of the Alexandra Linear Park Connection and Redhill Market at Redhill Lane. The Crescent Girls’ School at Tanglin Road is within just 500m of the development.
