Loft apartment at The Crest up for auction at $2.65 mil
Finalized in 2017, The Crest is a 99-year leasehold apartment development offering 469 units expanded throughout three 23-storey towers and 4 low-rise, five-storey blocks. Homeowners indulge in many services, featuring a clubhouse, sky fitness center, barbecue pits, health and fitness place, swimming pools, landscape, jacuzzi, running path, tennis court, and day-and-night safety and security.
This is the 3rd period the unit has actually been put together for marketplace. The very first was in January with a seeking price of $2.8 million ($ 2,115 psf). It was once again put up for sale in March with a deal of $2.65 million ($ 2,002 psf). Having said that, neither public auction brought in any type of customers.
The eighth-floor model shows off a loft concept and has a living and dining room area with a porch, a kitchen area, one en suite master bedroom, and 2 bedrooms. Based on the caveats lodged, this is the 3rd time that the property has actually been put up for sale. It was initially sold in 2018 for $2.43 million ($ 1,832 psf).
According to Tricia Tan, Knight Frank Singapore’s director of public auction and sales, the unit offers unblocked viewpoints of the surroundings and delights in lots of natural light through its floor-to-ceiling home windows in the primary living area and near floor-to-ceiling windows in its rooms.
The condo is a six-minute walk to Redhill MRT Station on the East-West Line. It is additionally inside walking range of the Alexandra Linear Park Connection and Redhill Market at Redhill Lane. The Crescent Girls’ School at Tanglin Roadway is within just 500m of the structure.
A three-bedroom loft flat at The Crest, along Prince Charles Crescent in Bukit Merah, in prime District 3, will be put up for auction on April 23. A bank’s sale, the 1,324 sq ft real estate has been placed on the neighborhood with an altered overview price of $2.65 million ($ 2,002 psf), shares Knight Frank Singapore, that is managing the public auction.
She includes: “The residence is suitable for investors and house owners, particularly for households with kids, who can take advantage of the reasonable outdoor open sector within the development.”
