Mortgagee sale of two-bedder at Montrosa for $1.3 mil

The unit includes an en suite master bedroom with a bath tub. It similarly consists of a 2nd room, a basic bathroom, a study, a cooking area, a service backyard and living and restaurant spots that open up onto a veranda. According to Liew, the residence rests on the 8th flooring, permitting the unit to take advantage of sufficient all-natural air flow and light, alongside sights overlooking the condominium’s landscape design.

8@BT Bukit Sembawang Estates Limited

The property development is a brief ride from a variety 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 like Bukit View Primary School and Keming Primary School.

Based upon URA caveats, 6 units altered controls at Montrosa this year, at a common resale rate 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.

Eric Liew, supervisor of public auction and sales at SRI, assumes the unit to draw in attraction from HDB upgraders wanting to initiate the step right into the exclusive residential target. He includes that the unit was lately remodelled this year as well as remains in move-in situation.

Presented as a mortgagee transaction, the house had already formerly proceeded beneath the hammer at SRI’s real property public auction past month at a bigger overview cost of $1.38 million. Information on Realis display 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.

Finished in 1999, Montrosa lies around Hillview Avenue in District 23. It consists of 122 units reached around 3 property blocks, providing a blend of 2- to four-bedroom units assessing 861 sq ft to 3,401 sq ft.

Other resale purchases at the project extended 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.

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 converts to $1,373 psf.


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