Loft apartment at The Crest up for auction at $2.65 mil
Completed in 2017, The Crest is a 99-year leasehold condominium property development offering 469 units extended throughout 3 23-storey towers and 4 low-rise, five-storey blocks. Residents indulge in numerous amenities, containing a club, sky health club, barbecue pits, fitness location, pool, yard, jacuzzi, jogging route, tennis court, and day-and-night protection.
The apartment is a six-minute step to Redhill MRT Station on the East-West Line. It is in addition 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.
A three-bedroom loft residence at The Crest, around Prince Charles Crescent in Bukit Merah, in prime District 3, will most likely be set up for auction on April 23. A bank’s sale, the 1,324 sq ft residential property has actually been placed on the neighborhood with an altered guide cost of $2.65 million ($ 2,002 psf), says Knight Frank Singapore, that is managing the public auction.
According to Tricia Tan, Knight Frank Singapore’s supervisor of auction and sales, the model provides unblocked sights of the environments and enjoys a lot of natural light through its floor-to-ceiling home windows in the major living area and near floor-to-ceiling windows in its rooms.
The eighth-floor unit flaunts a loft approach and has a living and dining room spot with a porch, a kitchen area, one en suite master bedroom, and 2 bedrooms. Based upon the caveats lodged, this is the third time that the building has been put up for sale. It was initially marketed in 2018 for $2.43 million ($ 1,832 psf).
She includes: “The residential property is optimal for clients and homeowners, especially for family members with children, that can benefit from the reasonable outdoor open space within the development.”
This is the third time the unit has actually been put together for auction sale. The 1st was actually in January with a demanding cost of $2.8 million ($ 2,115 psf). It was again set up for public auction in March with a deal of $2.65 million ($ 2,002 psf). Even so, neither auction drew in any kind of buyers.