Loft apartment at The Crest up for auction at $2.65 mil
A three-bedroom loft space flat at The Crest, around Prince Charles Crescent in Bukit Merah, in prime District 3, are going to be put up for auction sale on April 23. A bank’s sale, the 1,324 sq ft property has been put on the neighborhood with a modified guide price of $2.65 million ($ 2,002 psf), states Knight Frank Singapore, which is handling the auction.
This is the 3rd period the unit has actually been raised for marketplace. The very first was actually in January with an asking cost of $2.8 million ($ 2,115 psf). It was again installed for sale in March with a cost of $2.65 million ($ 2,002 psf). Even so, neither public auction attracted any purchasers.
Finished in 2017, The Crest is a 99-year leasehold condo development presenting 469 units spread out across three 23-storey towers and 4 low-rise, five-storey blocks. Home owners appreciate lots of amenities, containing a club, sky gym, barbeque pits, health and fitness place, swimming pools, landscape, jacuzzi, running route, tennis court, and continuous protection.
According to Tricia Tan, Knight Frank Singapore’s manager of auction and sales, the model uses unobstructed viewpoints of the environments and delights in a lot of all-natural light via its floor-to-ceiling home windows in the major living space and near floor-to-ceiling windows in its bedrooms.
The eighth-floor unit includes a loft space approach and has a living and dining room area with a veranda, a kitchen area, one en suite master bedroom, and two bedrooms. Based upon the caveats lodged, this is the third time that the real estate has been put up for sale. It was initially sold in 2018 for $2.43 million ($ 1,832 psf).
The condo is a six-minute step to Redhill MRT Station on the East-West Line. It is also within walking range of the Alexandra Linear Park Connector and Redhill Market at Redhill Lane. The Crescent Girls’ School at Tanglin Roadway is within 500m of the building.
She includes: “The residential property is perfect for clients and homeowners, particularly for families with youngsters, that can benefit from the generous exterior open sector inside the project.”
