Freehold corner terraced house at Countryside Road sold for $5.01 mil

Interest in the Lentor vicinity has actually spiked given that the Government offered 2 sites through the government land sales program in 2021 as well as beginning this year. The first location at Lentor Central was offered to GuocoLand, which sneak the 605-unit Lentor Modern on Sept 2. It is an incorporated development with a shopping mall connected right to the Lentor MRT Terminal (on the Thomson-East Coast Line).

The house at Countryside Road that was just marketed at public auction is located within a five-minute trip of the upcoming Lentor Modern.

Based upon cautions lodged, solely one resale purchase took place at The Countryside this season. In April, a terraced home on Countryside Street with a land area of 1,844 sq ft altered hands for $3.23 million ($1,752 psf). It was purchased for $2.15 million ($1,166 psf) in April 2013, meaning the homeowner netted a profit of $1.08 million.

A three-storey corner terraced residence at Countryside Roadway in the Lentor place in District 26 was cost $5.01 million ($1,427 psf) at a public auction on Aug 26. The property was a mortgagee purchase, states Yvonne Lau, higher executive of sales as well as auction at ERA, who took care of the auction sale.

The house lies in an estate ground property The Countryside, which Seletar Properties developed in the late 1990s. It presents 245 terraced as well as semi-detached houses, with land dimensions varying from 1,817 sq ft to 6,399 sq ft. The Countryside is bounded by Lentor Avenue and Yio Chu Kang Road. Various other ground property developments around consist of the 64-unit Banyan Villas, the 87-unit Florissa Park as well as the 185-unit Lentor Villas.

The estate will certainly appeal to families with school-going little ones as it is near the Anderson Primary School, Mayflower Primary School and also CHIJ St Nicholas Girls’ School (Primary). Lentor MRT Terminal is additionally within strolling distance.

Newport Residences Anson Road

The house, completed in 1999, sits on a land area of 3,519 sq ft and also has a built-up area of 4,000 sq ft. It comes with a roof terrace. The initial flooring includes a living area with a 6m-high roof and also glass panels that supply sufficient natural light. The study space, kitchen, dining area and laundry room are additionally on the first flooring. The lower second storey has 2 bedrooms with a common bathroom. The master bedroom on the top second storey has a 6m-high roof with a walk-in wardrobe as well as en suite bathroom. Ultimately, the third flooring has an additional 2 rooms with a shared restroom.

The residential property had an opening rate of $4.8 million, as well as shortly after a bidding contest from three affairs, the residential property was marketed less than the hammer for $5.01 million ($1,381 psf), which was $160,000 over the guide price of $4.85 million.

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