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

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

Finalized in 2017, The Crest is a 99-year leasehold condo development providing 469 units expanded across three 23-storey towers and four low-rise, five-storey blocks. Homeowners enjoy many features, featuring a clubhouse, sky gym, bbq pits, physical fitness place, swimming pools, yard, jacuzzi, running path, tennis court, and round-the-clock safety.

A three-bedroom loft space flat at The Crest, near Prince Charles Crescent in Bukit Merah, in top District 3, will most likely be established for auction sale on April 23. A bank’s sale, the 1,324 sq ft property has actually been put on the neighborhood with a revised guide price of $2.65 million ($ 2,002 psf), says Knight Frank Singapore, that is handling the public auction.

Blossoms By The Park floor plan

The eighth-floor section includes a loft approach and has a living and dining area with a balcony, a kitchen area, one en suite master bedroom, and 2 bedrooms. Based upon the caveats lodged, this is the third time that the building has been offered. It was first sold in 2018 for $2.43 million ($ 1,832 psf).

This is the 3rd period the unit has been set up for marketplace. The first was actually in January with a demanding price 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 attracted any type of customers.

According to Tricia Tan, Knight Frank Singapore’s director of auction and sales, the unit offers unblocked viewpoints of the environments and enjoys plenty of natural light via its floor-to-ceiling home windows in the major living space and around floor-to-ceiling house windows in its rooms.

She includes: “The property is perfect for clients and property owners, especially for family members with children, who can take advantage of the reasonable exterior open place inside of the development.”

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