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

Interest in the Lentor location has actually spiked since the Government sold two sites using the government land sales program in 2021 and also early this year. The very first site at Lentor Central was offered to GuocoLand, which sneak the 605-unit Lentor Modern on Sept 2. It is an integrated property development with a shopping mall connected right to the Lentor MRT Station (on the Thomson-East Coast Line).

Based on caveats lodged, primarily one resale purchase happened at The Countryside this year. 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 bought for $2.15 million ($1,166 psf) in April 2013, suggesting the homeowner earned an earnings of $1.08 million.

The house, completed in 1999, rests on a land area of 3,519 sq ft as well as has a built-up area of 4,000 sq ft. It includes a roof covering deck. The very first flooring offers a living area with a 6m-high ceiling as well as glass panels that supply sufficient natural light. The research study space, kitchen area, eating area as well as laundry room are likewise on the initial floor. The reduced second storey has two rooms with a common restroom. The bedroom on the upper 2nd floor has a 6m-high roof with a walk-in wardrobe and en collection shower room. Lastly, the third floor has an additional two rooms with a common bathroom.

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

The house is located in an estate ground development The Countryside, which Seletar Properties created in the late 1990s. It features 245 terraced as well as semi-detached residences, with area dimensions varying from 1,817 sq ft to 6,399 sq ft. The Countryside is bounded by Lentor Avenue and also Yio Chu Kang Road. Other ground property developments in the vicinity include the 64-unit Banyan Villas, the 87-unit Florissa Park and also the 185-unit Lentor Villas.

The Arden price

The house at Countryside Road that was simply reselled at public auction is located within a five-minute ride of the upcoming Lentor Modern.

The property had a starting cost of $4.8 million, as well as shortly after a bidding competition from three parties, the building was marketed under the hammer for $5.01 million ($1,381 psf), which was $160,000 on top of the overview cost of $4.85 million.

A three-storey corner terraced home at Countryside Road in the Lentor area in District 26 was cost $5.01 million ($1,427 psf) at a public auction on Aug 26. The house was a mortgagee purchase, says Yvonne Lau, top supervisor of sales and public auction at ERA, that managed the auction.

error: Content is protected !!