Loft apartment at The Crest up for auction at $2.65 mil
This is the 3rd period the unit has actually been put up for auction. The 1st was actually in January with an asking price of $2.8 million ($ 2,115 psf). It was one more time set up for public auction in March with a price of $2.65 million ($ 2,002 psf). Even so, not either auction drew in any type of purchasers.
The condo is a six-minute walk to Redhill MRT Station on the East-West Line. It is also in just strolling proximity 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.
A three-bedroom loft residence at The Crest, around Prince Charles Crescent in Bukit Merah, in top District 3, will be put up for public auction on April 23. A banking company’s sale, the 1,324 sq ft real estate has actually been placed on the neighborhood with an altered overview cost of $2.65 million ($ 2,002 psf), states Knight Frank Singapore, which is managing the auction.
The eighth-floor section shows off a loft space design and has a living and dining room spot with a veranda, a kitchen, one en suite master bedroom, and 2 bed rooms. Based upon the caveats lodged, this is the 3rd time that the building has actually been put up for sale. It was first sold in 2018 for $2.43 million ($ 1,832 psf).
According to Tricia Tan, Knight Frank Singapore’s director of auction and sales, the unit uses unobstructed sights of the environments and appreciates plenty of natural light through its floor-to-ceiling windows in the main living part and close to floor-to-ceiling house windows in its bed rooms.
Finalized in 2017, The Crest is a 99-year leasehold apartment property development providing 469 units spread across three 23-storey towers and 4 low-rise, five-storey blocks. Homeowners indulge in lots of amenities, consisting of a club, sky fitness center, barbecue pits, physical fitness place, swimming pools, landscape, jacuzzi, jogging route, tennis court, and continuous safety.
She includes: “The residential property is excellent for clients and home owners, especially for family members with children, that can take advantage of the generous outside open place within the development.”
