Mortgagee sale of two-bedder at Montrosa for $1.3 mil
Presented as a mortgagee deal, the house 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 recent caution lodged for the real estate was when the property developer offered it for $677,970 ($716 psf) in September 1996.
Based upon URA caveats, 6 units altered controls at Montrosa this year, at a common 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.
Eric Liew, executive of public auction and sales at SRI, assumes the unit to bring in attraction from HDB upgraders wanting 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.
Finished in 1999, Montrosa rises around Hillview Avenue in District 23. It consists of 122 units stretched throughout 3 property blocks, providing a blend of 2- to four-bedroom units assessing 861 sq ft to 3,401 sq ft.
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 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 adequate all-natural air flow and light, and also sights overlooking the apartment’s landscape design.
Other resale purchases at the property development 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 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.
The property development is a brief ride from a variety of services, 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 various other colleges like Bukit View Primary School and Keming Primary School.
