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

A three-bedroom loft residence at The Crest, around Prince Charles Crescent in Bukit Merah, in prime District 3, will be established for auction sale on April 23. A banking’s sale, the 1,324 sq ft real estate has been put on the block with a revised guide cost of $2.65 million ($ 2,002 psf), states Knight Frank Singapore, that is managing the public auction.

Finalized in 2017, The Crest is a 99-year leasehold condo project providing 469 units extended throughout three 23-storey towers and 4 low-rise, five-storey blocks. Residents indulge in numerous facilities, containing a clubhouse, sky health club, bbq pits, fitness location, pool, landscape, jacuzzi, running path, tennis court, and round-the-clock protection.

TMW Maxwell Singapore

According to Tricia Tan, Knight Frank Singapore’s supervisor of market and sales, the unit provides unblocked sights of the environments and delights in lots of natural light through its floor-to-ceiling home windows in the main living part and near floor-to-ceiling house windows in its bed rooms.

The apartment is a six-minute stroll to Redhill MRT Terminal on the East-West Line. It is even in just walking range of the Alexandra Linear Park Connector and Redhill Market at Redhill Lane. The Crescent Girls’ School at Tanglin Roadway is just within 500m of the building.

The eighth-floor section shows off a loft space approach and has a living and dining room spot with a terrace, a cooking area, one en suite master bedroom, and 2 bed rooms. Based on the caveats lodged, this is the 3rd time that the residential property has been put up for sale. It was first marketed in 2018 for $2.43 million ($ 1,832 psf).

She adds: “The property is excellent for clients and homeowners, particularly for family members with youngsters, who can gain from the generous outside open place inside of the property.”

This is the third period the unit has been raised for auction sale. The 1st was actually in January with a seeking rate of $2.8 million ($ 2,115 psf). It was again set up for auction in March with a deal of $2.65 million ($ 2,002 psf). However, not either auction sale attracted any purchasers.

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