Loft apartment at The Crest up for auction at $2.65 mil
This is the third time the unit has been raised for public auction. The 1st was in January with a demanding rate of $2.8 million ($ 2,115 psf). It was again set up for sale in March with a cost of $2.65 million ($ 2,002 psf). Having said that, neither public auction brought in any type of purchasers.
A three-bedroom loft condo at The Crest, along Prince Charles Crescent in Bukit Merah, in top District 3, will be set up for public auction on April 23. A banking’s sale, the 1,324 sq ft property has actually been placed on the neighborhood with a revised guide rate of $2.65 million ($ 2,002 psf), says Knight Frank Singapore, which is managing the public auction.
The eighth-floor unit flaunts a loft space approach and has a living and dining place with a porch, a kitchen, one en suite master bedroom, and two rooms. Based on the caveats lodged, this is the 3rd time that the real estate has actually been offered. It was first offered in 2018 for $2.43 million ($ 1,832 psf).
She includes: “The real property is perfect for clients and homeowners, particularly for households with kids, who can take advantage of the good outdoor open sector within the development.”
Finished in 2017, The Crest is a 99-year leasehold apartment development offering 469 units extended throughout three 23-storey towers and four low-rise, five-storey blocks. Residents indulge in lots of services, consisting of a clubhouse, sky fitness center, barbecue pits, physical fitness area, swimming pools, garden, jacuzzi, running path, tennis court, and continuous safety and security.
According to Tricia Tan, Knight Frank Singapore’s director of market and sales, the unit uses unblocked views of the environments and delights in plenty of natural light via its floor-to-ceiling home windows in the major living space and close to floor-to-ceiling house windows in its bedrooms.
The condominium is a six-minute step to Redhill MRT Terminal on the East-West Line. It is in addition within walking 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 property development.
