Loft apartment at The Crest up for auction at $2.65 mil
A three-bedroom loft space residence at The Crest, along Prince Charles Crescent in Bukit Merah, in prime District 3, are going to be put up for auction sale on April 23. A banking’s sale, the 1,324 sq ft property has actually been put on the block with a revised overview rate of $2.65 million ($ 2,002 psf), shares Knight Frank Singapore, that is handling the public auction.
The eighth-floor model shows off a loft design and has a living and dining room place with a balcony, a cooking area, one en suite master bedroom, and two rooms. Based on the caveats lodged, this is the third time that the real estate has been put up for sale. It was initially marketed in 2018 for $2.43 million ($ 1,832 psf).
She includes: “The property is excellent for investors and homeowners, especially for families with youngsters, who can take advantage of the good outside open place inside the property.”
The condo is a six-minute stroll to Redhill MRT Station on the East-West Line. It is also in just strolling distance of the Alexandra Linear Park Connector and Redhill Market at Redhill Lane. The Crescent Girls’ School at Tanglin Road is within just 500m of the building.
Finalized in 2017, The Crest is a 99-year leasehold condo property development providing 469 units spread out throughout three 23-storey towers and four low-rise, five-storey blocks. Home owners indulge in lots of features, including a clubhouse, sky fitness center, bbq pits, fitness area, pool, landscape, jacuzzi, jogging path, tennis court, and day-and-night safety.
This is the third period the unit has been put up for auction sale. The 1st was in January with an asking rate of $2.8 million ($ 2,115 psf). It was again put up for auction in March with a deal of $2.65 million ($ 2,002 psf). Even so, not either auction drew in any kind of buyers.
According to Tricia Tan, Knight Frank Singapore’s director of public auction and sales, the unit supplies unobstructed sights of the environments and enjoys plenty of all-natural light throughout its floor-to-ceiling windows in the main living spot and near floor-to-ceiling house windows in its rooms.
