Loft apartment at The Crest up for auction at $2.65 mil
According to Tricia Tan, Knight Frank Singapore’s director of auction and sales, the unit offers unblocked sights of the environments and delights in lots of all-natural light throughout its floor-to-ceiling windows in the primary living part and near floor-to-ceiling house windows in its bed rooms.
A three-bedroom loft flat at The Crest, along Prince Charles Crescent in Bukit Merah, in prime District 3, are going to be established for auction sale on April 23. A banking’s sale, the 1,324 sq ft property has been put on the neighborhood with an altered overview price of $2.65 million ($ 2,002 psf), shares Knight Frank Singapore, which is taking care of the auction.
She includes: “The property is excellent for investors and home owners, especially for households with children, who can take advantage of the generous outdoor open place inside the development.”
Finalized in 2017, The Crest is a 99-year leasehold condo development presenting 469 units expanded throughout 3 23-storey towers and four low-rise, five-storey blocks. Residents appreciate several facilities, featuring a club, sky health club, bbq pits, fitness location, swimming pools, backyard, jacuzzi, running trail, tennis court, and round-the-clock safety.
The eighth-floor model includes a loft space concept and has a living and dining area with a balcony, a kitchen area, one en suite master bedroom, and 2 bed rooms. Based upon the caveats lodged, this is the third time that the building has been offered. It was initially sold in 2018 for $2.43 million ($ 1,832 psf).
The apartment is a six-minute step to Redhill MRT Station on the East-West Line. It is additionally within walking range of the Alexandra Linear Park Connection and Redhill Market at Redhill Lane. The Crescent Girls’ School at Tanglin Road is within 500m of the structure.
This is the third instance the unit has been put up for auction sale. The first was in January with a seeking cost of $2.8 million ($ 2,115 psf). It was one more time set up for auction in March with a cost of $2.65 million ($ 2,002 psf). However, not either auction sale drew in any kind of purchasers.
