Bank sale of two-bedder at Esparina Residences EC for $1.28 mil
The real estate is going to attract families, as it is throughout 1km of colleges like Palm View Elementary School at Compassvale Bow, North Vista Primary School at Compassvale Link, Punggol Primary School at Hougang Avenue 8, Yio Chu Kang Primary School at Hougang Street 51 along with Montfort Junior School, found at Hougang Avenue 8.
Esparina Residences was carried out in 2013. The unit can only be acquired by a Singapore local or long-term local as it is still within the 10-year time frame from completion in which title restrictions utilise. An EC job is privatised from the 11th year beyond post-completion, complying with which international buyers and corporate entities are qualified to purchase units in the property development.
A vital lure of the real estate is its proximity to services, states Edmund Tie’s Tan. Esparina Residences is surrounding to Sengkang Grand Mall on Compassvale Bow, a three-storey retail industry complex that started earlier this year. The development is four mins from Buangkok MRT Terminal (North-East Line) as well as neighboring bus stops. Orchard Roadway is 20 mins far by automobile by means of the Central Expressway (CTE), while the CBD is just over thirty minutes away.
One of the most recent unit to shift hands at Esparina Residences is a 1,066 sq ft apartment on the sixth level that was offered for $1.5 million ($1,408 psf) on June 16. The last purchase just before this was for an 829 sq ft unit on the third ground that was cost $1.275 million ($1,538 psf) on June 1. In April, the property saw a log psf cost greater after a 1,001 sq ft unit on the 5th level modified hands for $1.55 million ($1,548 psf).
A two-bedroom unit at Esparina Residences, an executive condominium (EC) located around Compassvale Bow, is going to be set up for auction by Edmund Tie on July 27. Joy Tan, Edmund Tie’s managing supervisor and head of auction and sales, mentions the real estate is a mortgagee sale and has an overview price of $1.28 million. The cost turns out to $1,544 psf on the unit’s floor surface area of 829 sq ft. The apartment is going to be sold with vacant ownership and also on an “as is where is” basis.
Collectively developed by Frasers Centrepoint Homes along with Lum Chang Team, the 99-year leasehold apartment has nine blocks with 573 units. Units make up a mix of two-, three- including four-bedders from 829 sq ft to 2,583 sq ft. The unit up for public auction is a corner unit with sights of the pool. Tan states the unit is “well-kept” and also would call for minimal renovation by the potential owner. Furthermore, the EC uses complete facilities, incorporating a clubhouse, event area, health club, swimming pool, tennis court and a youngsters’ play area.
