Freehold corner terraced house at Countryside Road sold for $5.01 mil
The estate will certainly appeal to households with school-going young people as it is near the Anderson Primary School, Mayflower Primary School as well as CHIJ St Nicholas Girls’ School (Primary). Lentor MRT Terminal is also within strolling distance.
Interest in the Lentor location has actually increased considering that the Federal government offered 2 sites via the government land sales program in 2021 and also beginning this year. The first site at Lentor Central was marketed to GuocoLand, which sneak the 605-unit Lentor Modern on Sept 2. It is an integrated property development with a shopping center linked straight to the Lentor MRT Terminal (on the Thomson-East Coast Line).
The house, completed in 1999, rests on an acreage of 3,519 sq ft and has a built-up area of 4,000 sq ft. It features a roof terrace. The very first level offers a living location with a 6m-high ceiling as well as glass doors that offer ample natural light. The research room, kitchen, dining location and also laundry room are also on the initial flooring. The reduced second floor has two rooms with a shared washroom. The master bedroom on the top second floor has a 6m-high ceiling with a walk-in wardrobe and also en suite restroom. Ultimately, the 3rd flooring has one more 2 rooms with a shared shower room.
The estate had an opening price of $4.8 million, and shortly after a bidding process contest from 3 parties, the home was marketed less than the hammer for $5.01 million ($1,381 psf), which was $160,000 on top of the guide cost of $4.85 million.
A three-storey corner terraced house at Countryside Roadway in the Lentor place in District 26 was yielded $5.01 million ($1,427 psf) at an auction on Aug 26. The property was a mortgagee transaction, claims Yvonne Lau, higher executive of sales as well as auction at ERA, that handled the auction sale.
Based upon warnings lodged, just one resale transaction happened at The Countryside this 2022. In April, a terraced residence on Countryside Street with a land area of 1,844 sq ft changed hands for $3.23 million ($1,752 psf). It was acquired for $2.15 million ($1,166 psf) in April 2013, suggesting the owner realized an earnings of $1.08 million.
The house is located in an estate landed project The Countryside, which Seletar Properties established in the past 1990s. It includes 245 terraced and semi-detached residences, with land sizes varying from 1,817 sq ft to 6,399 sq ft. The Countryside is bounded by Lentor Avenue as well as Yio Chu Kang Road. Other landed projects around consist of the 64-unit Banyan Villas, the 87-unit Florissa Park as well as the 185-unit Lentor Villas.
The residency at Countryside Road that was merely sold at public auction is located within a five-minute trip of the upcoming Lentor Modern.