Loft apartment at The Crest up for auction at $2.65 mil
A three-bedroom loft space apartment at The Crest, near Prince Charles Crescent in Bukit Merah, in prime District 3, are going to be established for public auction on April 23. A banking company’s sale, the 1,324 sq ft residential property has been placed on the neighborhood with an altered overview rate of $2.65 million ($ 2,002 psf), states Knight Frank Singapore, which is handling the auction.
She adds: “The residential property is excellent for clients and homeowners, particularly for families with youngsters, who can benefit from the reasonable exterior open space inside the development.”
The condo is a six-minute step to Redhill MRT Terminal on the East-West Line. It is also in just walking distance 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 development.
This is the 3rd period the unit has been put up for marketplace. The first was in January with a seeking cost of $2.8 million ($ 2,115 psf). It was once again set up for auction in March with a deal of $2.65 million ($ 2,002 psf). Even so, neither auction sale drew in any kind of customers.
Finished in 2017, The Crest is a 99-year leasehold condominium project featuring 469 units spread throughout three 23-storey towers and four low-rise, five-storey blocks. Residents appreciate numerous services, consisting of a clubhouse, sky gym, bbq pits, health and fitness spot, pool, garden, jacuzzi, running route, tennis court, and round-the-clock safety.
According to Tricia Tan, Knight Frank Singapore’s director of market and sales, the model supplies unblocked viewpoints of the environments and enjoys lots of all-natural light via its floor-to-ceiling windows in the main living area and close to floor-to-ceiling house windows in its bedrooms.
The eighth-floor model flaunts a loft concept and has a living and dining spot with a balcony, a kitchen, one en suite master bedroom, and two bed rooms. Based on the caveats lodged, this is the third time that the building has been offered. It was first offered in 2018 for $2.43 million ($ 1,832 psf).
