Loft apartment at The Crest up for auction at $2.65 mil
Finished in 2017, The Crest is a 99-year leasehold apartment development providing 469 units expanded across three 23-storey towers and 4 low-rise, five-storey blocks. Homeowners indulge in several features, including a club, sky fitness center, barbeque pits, health and fitness area, pool, garden, jacuzzi, running path, tennis court, and round-the-clock safety and security.
This is the 3rd time the unit has been put together for public auction. The very first was in January with a seeking cost of $2.8 million ($ 2,115 psf). It was again set up for sale in March with a price of $2.65 million ($ 2,002 psf). Having said that, not either auction sale brought in any customers.
The eighth-floor section shows off a loft space approach and has a living and dining room spot with a veranda, a cooking area, one en suite master bedroom, and two bedrooms. Based on the caveats lodged, this is the third time that the building has been offered. It was initially offered in 2018 for $2.43 million ($ 1,832 psf).
The apartment is a six-minute stroll to Redhill MRT Station on the East-West Line. It is additionally inside strolling range of the Alexandra Linear Park Connection and Redhill Market at Redhill Lane. The Crescent Girls’ School at Tanglin Road is within just 500m of the development.
According to Tricia Tan, Knight Frank Singapore’s manager of auction and sales, the unit supplies unblocked viewpoints of the environments and delights in lots of natural light throughout its floor-to-ceiling home windows in the main living spot and close to floor-to-ceiling house windows in its bed rooms.
A three-bedroom loft flat at The Crest, around Prince Charles Crescent in Bukit Merah, in prime District 3, will be established for public auction on April 23. A bank’s sale, the 1,324 sq ft property has been placed on the block with an altered guide cost of $2.65 million ($ 2,002 psf), states Knight Frank Singapore, that is managing the auction.
She adds: “The real property is excellent for buyers and homeowners, particularly for family members with kids, that can take advantage of the generous outside open place within the property.”