Loft apartment at The Crest up for auction at $2.65 mil
The apartment is a six-minute step to Redhill MRT Terminal on the East-West Line. It is in addition inside walking proximity of the Alexandra Linear Park Connection and Redhill Market at Redhill Lane. The Crescent Girls’ School at Tanglin Road is just within 500m of the property development.
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 sale on April 23. A banking’s sale, the 1,324 sq ft real estate has been placed on the neighborhood with a revised guide price of $2.65 million ($ 2,002 psf), says Knight Frank Singapore, which is handling the public auction.
Completed in 2017, The Crest is a 99-year leasehold apartment project featuring 469 units spread out across three 23-storey towers and 4 low-rise, five-storey blocks. Home owners appreciate numerous features, including a clubhouse, sky health club, barbeque pits, physical fitness location, pool, yard, jacuzzi, running route, tennis court, and day-and-night safety.
The eighth-floor model flaunts a loft approach and has a living and dining spot with a veranda, a cooking area, one en suite master bedroom, and 2 bedrooms. Based upon the caveats lodged, this is the 3rd time that the residential property has been offered. It was first marketed in 2018 for $2.43 million ($ 1,832 psf).
She adds: “The residential property is optimal for buyers and homeowners, particularly for family members with youngsters, that can gain from the good outside open sector inside of the property.”
This is the 3rd instance the unit has been raised for public auction. The first was in January with a seeking value of $2.8 million ($ 2,115 psf). It was once again set up for public auction in March with a price of $2.65 million ($ 2,002 psf). Having said that, neither public auction drew in any type of customers.
According to Tricia Tan, Knight Frank Singapore’s supervisor of public auction and sales, the model uses unobstructed views of the environments and appreciates a lot of natural light via its floor-to-ceiling home windows in the major living area and around floor-to-ceiling windows in its rooms.
