Freehold corner terraced house at Countryside Road sold for $5.01 mil
Attraction in the Lentor area has actually increased considering that the Government offered 2 sites through the government land sales programme in 2021 as well as beginning this year. The first site at Lentor Central was offered to GuocoLand, which previewed the 605-unit Lentor Modern on Sept 2. It is an incorporated building with a shopping mall linked right to the Lentor MRT Terminal (on the Thomson-East Coast Line).
The house, finished in 1999, sits on a land area of 3,519 sq ft and also has a built-up area of 4,000 sq ft. It comes with a roofing system balcony. The initial flooring provides a living location with a 6m-high roof and also glass doors that provide ample all-natural light. The research study area, cooking area, eating location as well as laundry room are additionally on the very first flooring. The lower 2nd floor has two bedrooms with a shared bathroom. The master bedroom on the top 2nd storey has a 6m-high roof with a walk-in wardrobe as well as en collection washroom. Lastly, the third flooring has one more 2 bed rooms with a shared restroom.
The residency at Countryside Road that was solely sold at public auction lies within a five-minute ride of the upcoming Lentor Modern.
The residential property had an initial rate of $4.8 million, as well as shortly after a bidding contest from 3 individuals, the building was offered under the hammer for $5.01 million ($1,381 psf), that was $160,000 above the guide cost of $4.85 million.
The home will certainly appeal to families with school-going young people as it is near the Anderson Primary School, Mayflower Primary School as well as CHIJ St Nicholas Girls’ School (Primary). Lentor MRT Terminal is likewise within strolling distance.
A three-storey corner terraced home at Countryside Roadway in the Lentor area in District 26 was sold for $5.01 million ($1,427 psf) at an auction on Aug 26. The building was a mortgagee transaction, states Yvonne Lau, higher manager of sales as well as public auction at ERA, who managed the auction.
The house lies in an estate ground development The Countryside, which Seletar Properties built in the past 1990s. It provides 245 terraced as well as semi-detached houses, with property sizes ranging from 1,817 sq ft to 6,399 sq ft. The Countryside is bounded by Lentor Avenue as well as Yio Chu Kang Road. Other landed developments around consist of the 64-unit Banyan Villas, the 87-unit Florissa Park and the 185-unit Lentor Villas.
Based upon caveats lodged, only one resale deal took place at The Countryside this season. In April, a terraced home on Countryside Road with a land area of 1,844 sq ft transformed hands for $3.23 million ($1,752 psf). It was bought for $2.15 million ($1,166 psf) in April 2013, meaning the proprietor realized an earnings of $1.08 million.
