Loft apartment at The Crest up for auction at $2.65 mil
Completed in 2017, The Crest is a 99-year leasehold condo property development featuring 469 units expanded across 3 23-storey towers and four low-rise, five-storey blocks. Residents appreciate many amenities, featuring a clubhouse, sky gym, bbq pits, physical fitness location, pool, garden, jacuzzi, running path, tennis court, and continuous security.
A three-bedroom loft flat at The Crest, along Prince Charles Crescent in Bukit Merah, in top District 3, will be established for auction on April 23. A banking’s sale, the 1,324 sq ft residential property has actually been placed on the block with an altered overview cost of $2.65 million ($ 2,002 psf), says Knight Frank Singapore, that is managing the auction.
According to Tricia Tan, Knight Frank Singapore’s manager of market and sales, the model provides unobstructed views of the environments and enjoys lots of natural light through its floor-to-ceiling windows in the major living part and close to floor-to-ceiling house windows in its rooms.
This is the third instance the unit has been raised for auction. The 1st was actually 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). However, not either public auction drew in any type of purchasers.
The eighth-floor section shows off a loft approach and has a living and dining room area with a balcony, a cooking area, one en suite master bedroom, and two bedrooms. Based upon the caveats lodged, this is the 3rd time that the real estate has been offered. It was first sold in 2018 for $2.43 million ($ 1,832 psf).
The condominium is a six-minute step to Redhill MRT Station on the East-West Line. It is even in just strolling distance of the Alexandra Linear Park Connector and Redhill Market at Redhill Lane. The Crescent Girls’ School at Tanglin Roadway is just within 500m of the structure.
She adds: “The residential property is excellent for clients and homeowners, especially for family members with children, that can gain from the reasonable exterior open space within the project.”
