Mortgagee sale of two-bedder at Montrosa for $1.3 mil
The project is a brief ride from a variety of facilities, consisting of The Hillier, Hill V2, The Rail Shopping Mall and West Shopping Center. It is even within 1km of Lianhua Primary School and near to various other colleges including Bukit View Primary School and Keming Primary School.
Other resale purchases at the property development 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 consists of 122 units reached around 3 property blocks, providing a blend of 2- to four-bedroom units marking 861 sq ft to 3,401 sq ft.
Based upon URA caveats, 6 units altered controls at Montrosa this year, at a common resale rate 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 unit includes an en suite master bedroom with a tub. It additionally consists of a 2nd bed room, a regular bathroom, a study, a cooking area, a service backyard and living and restaurant spots that open up onto a veranda. According to Liew, the real property rests on the 8th flooring, enabling the unit to take advantage of sufficient all-natural air flow and light, and also sights overlooking the condominium’s landscape design.
Delivered as a mortgagee transaction, the estate had already in the past gotten beneath the hammer at SRI’s real estate public auction past month at a bigger overview cost of $1.38 million. Information on Realis present that the most up to date warning lodged for the real property was when the property developer offered it for $677,970 ($716 psf) in September 1996.
Eric Liew, supervisor of public auction and sales at SRI, assumes the unit to draw in attention from HDB upgraders aiming to initiate the step right into the exclusive residential target. He includes that the unit was just lately restored this year as well as remains in move-in situation.
A two-bedroom-plus-study unit at Montrosa, a 999-year leasehold project, was placed on the neighborhood at SRI’s real property auction on Dec 17. The 947 sq ft unit had a guide rate of $1.3 million, that equates to $1,373 psf.
