Freehold corner terraced house at Countryside Road sold for $5.01 mil

The house lies in an estate ground property The Countryside, which Seletar Properties built in the past 1990s. It provides 245 terraced and also semi-detached houses, with property sizes varying from 1,817 sq ft to 6,399 sq ft. The Countryside is bounded by Lentor Avenue and Yio Chu Kang Road. Various other ground projects in the vicinity include the 64-unit Banyan Villas, the 87-unit Florissa Park as well as the 185-unit Lentor Villas.

Attraction in the Lentor area has surged given that the Government marketed 2 sites by means of the public land sales program in 2021 and also early this year. The initial site at Lentor Central was sold to GuocoLand, which previewed the 605-unit Lentor Modern on Sept 2. It is an integrated property development with a mall connected directly to the Lentor MRT Terminal (on the Thomson-East Coast Line).

The residency at Countryside Road that was solely reselled at auction is located within a five-minute ride of the upcoming Lentor Modern.

A three-storey edge terraced house at Countryside Road in the Lentor place in District 26 was yielded $5.01 million ($1,427 psf) at an auction on Aug 26. The house was a mortgagee purchase, states Yvonne Lau, senior supervisor of sales and public auction at ERA, that took care of the auction.

Based upon caveats lodged, just one resale deal occurred at The Countryside this season. In April, a terraced home on Countryside Street with a land area of 1,844 sq ft modified hands for $3.23 million ($1,752 psf). It was purchased for $2.15 million ($1,166 psf) in April 2013, suggesting the homeowner earned a revenue of $1.08 million.

Lentor Hills Residences condo price

The house, completed in 1999, remains on an acreage of 3,519 sq ft as well as has a built-up area of 4,000 sq ft. It includes a roof terrace. The very first level provides a living area with a 6m-high roof and glass panels that supply sufficient all-natural light. The study room, kitchen, eating area and also laundry room are likewise on the very first floor. The reduced second floor has two bedrooms with a shared washroom. The master bedroom on the top 2nd floor has a 6m-high ceiling with a walk-in wardrobe as well as en collection washroom. Finally, the 3rd flooring has another 2 bed rooms with a common restroom.

The property had an initial price of $4.8 million, as well as shortly after a bidding contest from three parties, the property was sold under the hammer for $5.01 million ($1,381 psf), that was $160,000 over the overview cost of $4.85 million.

The house will attract family members with school-going little ones as it is near the Anderson Primary School, Mayflower Primary School and CHIJ St Nicholas Girls’ School (Primary). Lentor MRT Terminal is likewise within walking distance.

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