Loft apartment at The Crest up for auction at $2.65 mil
Finalized in 2017, The Crest is a 99-year leasehold condominium project presenting 469 units spread across 3 23-storey towers and four low-rise, five-storey blocks. Home owners indulge in numerous amenities, featuring a clubhouse, sky gym, barbecue pits, health and fitness place, swimming pools, garden, jacuzzi, running path, tennis court, and day-and-night safety.
According to Tricia Tan, Knight Frank Singapore’s supervisor of auction and sales, the model supplies unobstructed scenery of the surroundings and delights in plenty of natural light through its floor-to-ceiling home windows in the major living spot and close to floor-to-ceiling house windows in its bedrooms.
This is the third period the unit has actually been set up for public auction. The 1st was in January with an asking rate of $2.8 million ($ 2,115 psf). It was again set up for public auction in March with a cost of $2.65 million ($ 2,002 psf). Even so, neither auction brought in any kind of purchasers.
The eighth-floor model 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 2 bedrooms. Based upon the caveats lodged, this is the third time that the property has actually been offered. It was initially offered in 2018 for $2.43 million ($ 1,832 psf).
Lakegarden Residences floor plan
The apartment is a six-minute step to Redhill MRT Station on the East-West Line. It is also in just strolling proximity of the Alexandra Linear Park Connection and Redhill Market at Redhill Lane. The Crescent Girls’ School at Tanglin Roadway is just within 500m of the structure.
A three-bedroom loft condo at The Crest, near Prince Charles Crescent in Bukit Merah, in prime District 3, will most likely be set up for auction sale on April 23. A bank’s sale, the 1,324 sq ft residential property has been put on the neighborhood with a modified overview price of $2.65 million ($ 2,002 psf), says Knight Frank Singapore, which is handling the auction.
She adds: “The residence is ideal for clients and home owners, specifically for families with youngsters, that can gain from the generous exterior open place inside the property.”
