Mortgagee sale of two-bedder at Montrosa for $1.3 mil
The unit includes an en suite master bedroom with a tub. It similarly consists of a 2nd room, a regular bathroom, a study, a kitchen area, a service backyard and living and eating spots that open up onto a terrace. According to Liew, the real property rests on the 8th flooring, enabling the unit to take advantage of adequate all-natural air flow and light, and also sights overlooking the apartment’s landscape design.
Finished in 1999, Montrosa lies around Hillview Avenue in District 23. It makes up 122 units spread out throughout 3 household blocks, providing a blend of 2- to four-bedroom units assessing 861 sq ft to 3,401 sq ft.
Based upon URA caveats, 6 units switched controls at Montrosa this year, at a standard resale cost of about $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.
Delivered as a mortgagee transaction, the house had actually in the past headed beneath the hammer at SRI’s real property public auction past month at a bigger overview rate of $1.38 million. Information on Realis present that the most up to date caution lodged for the real property was when the property developer marketed it for $677,970 ($716 psf) in September 1996.
A two-bedroom-plus-study unit at Montrosa, a 999-year leasehold property development, was placed on the neighborhood at SRI’s real property auction on Dec 17. The 947 sq ft unit had a guide cost of $1.3 million, that equates to $1,373 psf.
Other resale deals 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.
The project is a brief ride from a series of facilities, consisting of The Hillier, Hill V2, The Rail Shopping Mall and West Shopping Mall. It is additionally within 1km of Lianhua Primary School and near various other colleges like Bukit View Primary School and Keming Primary School.
Eric Liew, executive of public auction and sales at SRI, anticipates the unit to draw in attention from HDB upgraders seeking to generate the step right into the exclusive residential target. He includes that the unit was just lately remodelled this year as well as remains in move-in situation.
