Loft apartment at The Crest up for auction at $2.65 mil

This is the 3rd instance the unit has actually been put together for auction sale. The first was actually in January with a seeking rate of $2.8 million ($ 2,115 psf). It was once again set up for sale in March with a price of $2.65 million ($ 2,002 psf). Even so, neither public auction brought in any type of buyers.

A three-bedroom loft space condo at The Crest, along Prince Charles Crescent in Bukit Merah, in top District 3, will most likely be established for public auction on April 23. A banking’s sale, the 1,324 sq ft property has actually been placed on the block with a modified overview rate of $2.65 million ($ 2,002 psf), states Knight Frank Singapore, that is managing the public auction.

According to Tricia Tan, Knight Frank Singapore’s manager of auction and sales, the unit uses unobstructed views of the environments and delights in plenty of natural light through its floor-to-ceiling windows in the main living part and around floor-to-ceiling house windows in its bed rooms.

The eighth-floor section boasts a loft space concept and has a living and dining place with a veranda, a kitchen, one en suite master bedroom, and two bed rooms. Based upon the caveats lodged, this is the 3rd time that the property has actually been put up for sale. It was first sold in 2018 for $2.43 million ($ 1,832 psf).

Lentoria Lentor Hills Road

Finalized in 2017, The Crest is a 99-year leasehold condo property development providing 469 units spread out throughout 3 23-storey towers and four low-rise, five-storey blocks. Residents indulge in lots of amenities, including a clubhouse, sky health club, barbecue pits, fitness location, pool, backyard, jacuzzi, jogging trail, tennis court, and round-the-clock safety.

She adds: “The residential property is excellent for buyers and property owners, especially for households with youngsters, that can benefit from the good exterior open location within the property.”

The condominium is a six-minute walk to Redhill MRT Terminal on the East-West Line. It is even within strolling range of the Alexandra Linear Park Connection and Redhill Market at Redhill Lane. The Crescent Girls’ School at Tanglin Roadway is within 500m of the structure.


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