Loft apartment at The Crest up for auction at $2.65 mil
Completed in 2017, The Crest is a 99-year leasehold apartment development providing 469 units spread throughout three 23-storey towers and four low-rise, five-storey blocks. Homeowners appreciate many amenities, featuring a club, sky fitness center, bbq pits, physical fitness place, pool, landscape, jacuzzi, jogging path, tennis court, and continuous safety.
A three-bedroom loft space apartment at The Crest, near Prince Charles Crescent in Bukit Merah, in prime District 3, are going to be set up for auction on April 23. A banking’s sale, the 1,324 sq ft real estate has been put on the neighborhood with an altered guide rate of $2.65 million ($ 2,002 psf), states Knight Frank Singapore, that is handling the public auction.
She adds: “The residence is ideal for buyers and house owners, particularly for family members with children, who can benefit from the reasonable outside open space inside the project.”
This is the 3rd time the unit has actually been raised for auction. The very first was actually in January with a seeking cost of $2.8 million ($ 2,115 psf). It was again installed for sale in March with a deal of $2.65 million ($ 2,002 psf). However, neither auction brought in any customers.
The eighth-floor model flaunts a loft space design and has a living and dining room spot with a terrace, a kitchen, one en suite master bedroom, and two bed rooms. Based upon the caveats lodged, this is the third time that the residential property has actually been offered. It was first offered in 2018 for $2.43 million ($ 1,832 psf).
According to Tricia Tan, Knight Frank Singapore’s supervisor of public auction and sales, the model provides unobstructed scenery of the environments and delights in plenty of natural light via its floor-to-ceiling home windows in the primary living spot and near floor-to-ceiling house windows in its rooms.
The condominium is a six-minute stroll to Redhill MRT Station on the East-West Line. It is in addition within strolling proximity of the Alexandra Linear Park Connection and Redhill Market at Redhill Lane. The Crescent Girls’ School at Tanglin Road is within 500m of the development.
