Freehold corner terraced house at Countryside Road sold for $5.01 mil
Interest in the Lentor location has spiked given that the Federal government marketed 2 sites through the government land sales course in 2021 and also early this year. The very first location at Lentor Central was marketed to GuocoLand, which previewed the 605-unit Lentor Modern on Sept 2. It is an integrated property development with a shopping center linked right to the Lentor MRT Terminal (on the Thomson-East Coast Line).
Based on caveats lodged, primarily one resale transaction took place at The Countryside this 2022. In April, a terraced home on Countryside Road with an acreage of 1,844 sq ft altered hands for $3.23 million ($1,752 psf). It was bought for $2.15 million ($1,166 psf) in April 2013, indicating the proprietor realized a revenue of $1.08 million.
The house, done in 1999, rests on an acreage of 3,519 sq ft as well as has a built-up area of 4,000 sq ft. It includes a roofing terrace. The very first flooring provides a living area with a 6m-high ceiling and glass doors that supply ample natural light. The study area, kitchen area, dining area as well as utility room are also on the initial floor. The lower 2nd floor has two rooms with a shared shower room. The bedroom on the upper second floor has a 6m-high ceiling with a walk-in wardrobe and en collection restroom. Finally, the third floor has an additional two bedrooms with a common restroom.
The house lies in a freehold ground property The Countryside, which Seletar Properties developed in the late 1990s. It provides 245 terraced and also semi-detached residences, with land sizes varying from 1,817 sq ft to 6,399 sq ft. The Countryside is bounded by Lentor Avenue as well as Yio Chu Kang Road. Various other real estate projects around include the 64-unit Banyan Villas, the 87-unit Florissa Park and the 185-unit Lentor Villas.
The residency at Countryside Road that was just marketed at public auction is located within a five-minute trip of the upcoming Lentor Modern.
The residential property had an opening rate of $4.8 million, as well as after a bidding contest from 3 individuals, the property was marketed less than the hammer for $5.01 million ($1,381 psf), that was $160,000 beyond the guide cost of $4.85 million.
A three-storey corner terraced house at Countryside Road in the Lentor place in District 26 was yielded $5.01 million ($1,427 psf) at an auction on Aug 26. The home was a mortgagee sale, claims Yvonne Lau, top executive of sales and auction at ERA, that took care of the auction sale.
The home will certainly attract family members with school-going young people as it is near the Anderson Primary School, Mayflower Primary School and CHIJ St Nicholas Girls’ School (Primary). Lentor MRT Station is additionally within strolling range.
