Loft apartment at The Crest up for auction at $2.65 mil

The condo is a six-minute stroll to Redhill MRT Terminal on the East-West Line. It is in addition inside walking range of the Alexandra Linear Park Connector and Redhill Market at Redhill Lane. The Crescent Girls’ School at Tanglin Roadway is just within 500m of the property development.

The eighth-floor unit boasts a loft concept and has a living and dining area with a porch, a cooking area, one en suite master bedroom, and 2 rooms. Based upon the caveats lodged, this is the third time that the property has actually been put up for sale. It was first marketed in 2018 for $2.43 million ($ 1,832 psf).

According to Tricia Tan, Knight Frank Singapore’s supervisor of auction and sales, the model supplies unobstructed scenery of the environments and enjoys a lot of all-natural light through its floor-to-ceiling home windows in the main living spot and around floor-to-ceiling windows in its bed rooms.

A three-bedroom loft space flat at The Crest, near Prince Charles Crescent in Bukit Merah, in prime District 3, will be set up for auction sale on April 23. A banking company’s sale, the 1,324 sq ft property has been put on the neighborhood with a modified guide cost of $2.65 million ($ 2,002 psf), says Knight Frank Singapore, that is handling the auction.

Cape Royale Ho Bee Land & IOI Properties

She includes: “The residential property is suitable for investors and property owners, specifically for households with youngsters, that can gain from the good exterior open place inside the property.”

This is the 3rd time the unit has actually been put together for auction. The 1st was in January with a seeking cost of $2.8 million ($ 2,115 psf). It was one more time set up for auction in March with a deal of $2.65 million ($ 2,002 psf). Having said that, not either public auction brought in any customers.

Completed in 2017, The Crest is a 99-year leasehold condominium project providing 469 units spread out across three 23-storey towers and four low-rise, five-storey blocks. Residents enjoy numerous facilities, featuring a clubhouse, sky fitness center, barbeque pits, fitness spot, pool, garden, jacuzzi, jogging path, tennis court, and continuous security.