Loft apartment at The Crest up for auction at $2.65 mil
The condominium is a six-minute walk to Redhill MRT Station on the East-West Line. It is even within strolling distance of the Alexandra Linear Park Connection and Redhill Market at Redhill Lane. The Crescent Girls’ School at Tanglin Road is just within 500m of the property development.
The eighth-floor unit includes a loft space design and has a living and dining room place with a veranda, a cooking area, one en suite master bedroom, and 2 rooms. Based on the caveats lodged, this is the 3rd time that the real estate has actually been offered. It was initially marketed in 2018 for $2.43 million ($ 1,832 psf).
Reserve Residences condominium
This is the third period the unit has actually been put together for auction. The 1st was in January with a demanding cost of $2.8 million ($ 2,115 psf). It was once again set up for sale in March with a deal of $2.65 million ($ 2,002 psf). Having said that, neither auction sale brought in any type of buyers.
According to Tricia Tan, Knight Frank Singapore’s director of market and sales, the model provides unobstructed scenery of the environments and enjoys a lot of all-natural light throughout its floor-to-ceiling home windows in the primary living part and close to floor-to-ceiling house windows in its rooms.
She adds: “The residential property is optimal for clients and homeowners, especially for households with kids, that can take advantage of the generous exterior open location inside the development.”
Finished in 2017, The Crest is a 99-year leasehold apartment property development providing 469 units expanded throughout three 23-storey towers and 4 low-rise, five-storey blocks. Residents indulge in numerous services, including a club, sky gym, barbecue pits, health and fitness location, pool, landscape, jacuzzi, running path, tennis court, and round-the-clock safety.
A three-bedroom loft space residence at The Crest, along Prince Charles Crescent in Bukit Merah, in prime District 3, will most likely be established for public auction on April 23. A bank’s sale, the 1,324 sq ft real estate has been put on the block with an altered guide rate of $2.65 million ($ 2,002 psf), says Knight Frank Singapore, which is handling the auction.
