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

According to Tricia Tan, Knight Frank Singapore’s director of public auction and sales, the unit provides unblocked viewpoints of the surroundings and delights in lots of natural light throughout its floor-to-ceiling home windows in the major living spot and close to floor-to-ceiling windows in its bedrooms.

The condo is a six-minute step to Redhill MRT Station on the East-West Line. It is also within walking proximity of the Alexandra Linear Park Connector and Redhill Market at Redhill Lane. The Crescent Girls’ School at Tanglin Road is within 500m of the development.

Completed in 2017, The Crest is a 99-year leasehold apartment property development providing 469 units expanded throughout three 23-storey towers and 4 low-rise, five-storey blocks. Homeowners appreciate many services, consisting of a club, sky fitness center, barbecue pits, health and fitness location, swimming pools, landscape, jacuzzi, jogging path, tennis court, and round-the-clock security.

The eighth-floor unit shows off a loft space design and has a living and dining room area with a veranda, a cooking area, one en suite master bedroom, and 2 bedrooms. Based upon the caveats lodged, this is the third time that the residential property has actually been put up for sale. It was first offered in 2018 for $2.43 million ($ 1,832 psf).

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She adds: “The residence is optimal for buyers and house owners, specifically for households with youngsters, that can gain from the reasonable outdoor open sector inside of the project.”

A three-bedroom loft residence at The Crest, around Prince Charles Crescent in Bukit Merah, in top District 3, will most likely be put up for public auction on April 23. A bank’s sale, the 1,324 sq ft property has been placed on the neighborhood with an altered overview cost of $2.65 million ($ 2,002 psf), says Knight Frank Singapore, which is taking care of the auction.

This is the 3rd time the unit has actually been put together for marketplace. The very first was actually in January with an asking rate of $2.8 million ($ 2,115 psf). It was once again put up for auction in March with a cost of $2.65 million ($ 2,002 psf). Even so, neither public auction attracted any purchasers.


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