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

A three-bedroom loft flat at The Crest, near Prince Charles Crescent in Bukit Merah, in top District 3, will be set up for public auction on April 23. A banking’s sale, the 1,324 sq ft residential property has actually been put on the block with an altered guide rate of $2.65 million ($ 2,002 psf), states Knight Frank Singapore, which is taking care of the public auction.

According to Tricia Tan, Knight Frank Singapore’s supervisor of public auction and sales, the model supplies unblocked views of the environments and enjoys a lot of natural light throughout its floor-to-ceiling windows in the primary living area and around floor-to-ceiling windows in its rooms.

This is the 3rd time the unit has been set up for auction sale. The 1st was in January with an asking rate of $2.8 million ($ 2,115 psf). It was one more time installed for sale in March with a deal of $2.65 million ($ 2,002 psf). Even so, not either public auction attracted any kind of buyers.

Finished in 2017, The Crest is a 99-year leasehold apartment project presenting 469 units spread across three 23-storey towers and 4 low-rise, five-storey blocks. Home owners indulge in many features, consisting of a clubhouse, sky fitness center, barbeque pits, fitness location, swimming pools, backyard, jacuzzi, running trail, tennis court, and round-the-clock protection.

Altura EC Bukit Batok West Avenue 8

She adds: “The residence is optimal for clients and home owners, particularly for households with kids, that can gain from the good exterior open sector within the property.”

The eighth-floor model boasts a loft design and has a living and dining place with a balcony, a cooking area, one en suite master bedroom, and two bedrooms. Based on the caveats lodged, this is the third time that the real estate has actually been offered. It was initially marketed in 2018 for $2.43 million ($ 1,832 psf).

The condominium 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 Connector and Redhill Market at Redhill Lane. The Crescent Girls’ School at Tanglin Road is within just 500m of the building.