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

The 23rd will see the auction of a 3-bedroom loft in Bukitmerah’s District 3, The Crest. The apartment is located on Prince Charles Crescent along Bukit Melah. Knight Frank Singapore who are handling the auction say that it is a bank-sale. The 1,324sqft loft apartment has been put up for sale with a new guide price of $ 2,002 psf.

The third time this unit was put up for sale. The first auction was held in January at $2.8 million ($2,115/sf). In March, it was offered for sale at $2.65 millions ($2,002 per sq ft). The auctions did not attract any bidders.

The apartment is on the 8th level and boasts a loft design. It has a dining and living area with a terrace, a fully equipped kitchen, a master suite and two other bedrooms. Based on the caveats, the property is being offered for sale for a third time. It was sold first in 2018 ($1,832/sf) for $2.43million.

Read also: newport residences

Tricia, Knight Frank Singapore’s Director of Auction and Sales, stated that the unit offered unobstructed view of the surrounding and enjoyed plenty of sunlight through its floor-to/ceiling-windows in the main living and bedroom areas.

She adds, “The property is ideal both for investors and for homeowners, in particular for families with small children, who are able to benefit from a generous amount of outdoor space within the project.”

The Crest is an 99-year leasehold apartment development that was completed in 2017 and features 469 condo units. The Crest is spread out over four low-rise, 5-storey buildings as well as three 23 story towers. Residents enjoy many amenities. These include a clubhouse. sky gym. barbecue pits. fitness area. swimming pools. garden. jacuzzi. jogging path. tennis court.

Redhill MRT Station of the East-West Line is within six-minute walking distance. Redhill Lane Market, Alexandra Linear Park Connector & Redhill Lane Market are all accessible on foot. The Crescent Girls’ School is located at Tanglin Road within 500m.

error: Content is protected !!