Mortgagee sale of two-bedder at Montrosa for $1.3 mil
The unit comes with an en suite master bedroom with a bath tub. It similarly consists of a 2nd room, a regular bathroom, a study, a cooking area, a service lawn and living and restaurant spots that open up onto a veranda. According to Liew, the real property remains on the 8th flooring, permitting the unit to take advantage of sufficient all-natural air flow and light, alongside sights overlooking the apartment’s landscape design.
Delivered as a mortgagee transaction, the house had already formerly proceeded beneath the hammer at SRI’s real estate public auction past month at a bigger overview rate of $1.38 million. Information on Realis present that the current warning lodged for the real estate was when the property developer offered it for $677,970 ($716 psf) in September 1996.
A two-bedroom-plus-study unit at Montrosa, a 999-year leasehold project, was placed on the neighborhood at SRI’s real estate auction on Dec 17. The 947 sq ft unit had a guide cost of $1.3 million, that converts to $1,373 psf.
Other resale purchases at the project stretched from $1,197 psf, the moment a 1,195 sq ft unit negotiated for $1.43 million on Jan 27, to $1,438 psf, that originated from the resale of a 861 sq ft unit for $1.24 million on Feb 14.
Finalized in 1999, Montrosa stands around Hillview Avenue in District 23. It makes up 122 units spread out around 3 household blocks, providing a blend of 2- to four-bedroom units marking 861 sq ft to 3,401 sq ft.
Eric Liew, executive of public auction and sales at SRI, assumes the unit to bring in attraction from HDB upgraders seeking to initiate the step right into the exclusive residential target. He includes that the unit was lately restored this year as well as remains in move-in situation.
Based upon URA caveats, 6 units altered controls at Montrosa this year, at a common resale cost of approximately $1,237 psf. One of the most current deal was the sale of a 1,152 sq ft, three-bedroom unit on the 2nd level for $1.45 million ($1,259 psf) on Aug 4.
The project is a brief ride from a series of services, consisting of The Hillier, Hill V2, The Rail Shopping Center and West Shopping Mall. It is even within 1km of Lianhua Primary School and near various other colleges including Bukit View Primary School and Keming Primary School.
