Freehold corner terraced house at Countryside Road sold for $5.01 mil
The house will certainly appeal to households with school-going kids as it is near the Anderson Primary School, Mayflower Primary School and also CHIJ St Nicholas Girls’ School (Primary). Lentor MRT Terminal is additionally within walking distance.
The house at Countryside Road that was just reselled at auction is located within a five-minute trip of the upcoming Lentor Modern.
The estate had an initial rate of $4.8 million, as well as after a bidding contest from 3 affairs, the home was offered less than the hammer for $5.01 million ($1,381 psf), that was $160,000 over the guide rate of $4.85 million.
Attraction in the Lentor area has surged because the Federal government sold 2 sites by means of the public land sales programme in 2021 and beginning this year. The very first site at Lentor Central was marketed to GuocoLand, which sneak the 605-unit Lentor Modern on Sept 2. It is an integrated development with a shopping mall linked right to the Lentor MRT Station (on the Thomson-East Coast Line).
Based upon caveats lodged, solely one resale transaction happened at The Countryside this 2022. In April, a terraced house on Countryside Street with a land area of 1,844 sq ft improved hands for $3.23 million ($1,752 psf). It was purchased for $2.15 million ($1,166 psf) in April 2013, indicating the owner realized a revenue of $1.08 million.
The house, done in 1999, remains on an acreage of 3,519 sq ft and has a built-up area of 4,000 sq ft. It comes with a roofing system patio. The first flooring provides a living area with a 6m-high ceiling and also glass panels that provide adequate natural light. The research study area, kitchen area, eating location as well as laundry room are also on the very first floor. The lower 2nd floor has 2 bedrooms with a common bathroom. The bedroom on the top 2nd storey has a 6m-high roof with a walk-in wardrobe as well as en suite restroom. Finally, the 3rd floor has one more two bedrooms with a shared shower room.
The house is located in a freehold landed development The Countryside, which Seletar Properties built in the past 1990s. It includes 245 terraced and semi-detached houses, with property dimensions varying 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 real estate developments around consist of the 64-unit Banyan Villas, the 87-unit Florissa Park and the 185-unit Lentor Villas.
A three-storey corner terraced house at Countryside Roadway in the Lentor place in District 26 was yielded $5.01 million ($1,427 psf) at a public auction on Aug 26. The home was a mortgagee purchase, claims Yvonne Lau, top supervisor of sales as well as public auction at ERA, that managed the auction sale.
