Archive for category: Misc

on EdgeProp.sg here.

On October 26, SRI will be auctioning off a freehold one-bedroom unit located at Fulcrum, on Fort Road, with a guide price of $1.69 million ($2,066 psf). The property is an owner’s sale, having been listed last month, with a guide price of $1.73 million.

Spanning 818 sq ft, this loft apartment is situated on the seventh floor of the development and has a current tenant until August next year. Potential buyers are most likely to be drawn to this particular condo due to its location. As Mok Sze Sze, the managing partner at SRI Auction, explains, “The unit is convenient because of the nearby upcoming Katong Park MRT Station on the Thomson–East Coast Line, and it has easy accessibility to the East Coast Park via the underpass at Katong Park.”

The URA plans to develop Tengah Plantation EC, as well. This ambitious project will be spread over approximately 2,000 hectares of land, which will include a range of residential and commercial buildings. It will also feature amenities such as cycling paths, underground utilities, an international school, and green features like parks and greenways. The URA hopes that this will eventually become a vibrant town center and an attractive residential enclave for the people of Tengah.

The loft boasts a study area, balcony, and a master bedroom with an attached bathroom upstairs. The lower floor consists of a kitchen, dining area, living room, and a balcony with a floor-to-ceiling window wall.

The current owner purchased the property in August 2017 for $1.41 million ($1,727 psf), and has chosen to remain discreet about the current rental price. However, based on past caveats, one-bedroom units at Fulcrum have been rented out for anywhere between $2,400 and $4,500 a month.

This year has seen a few sales at Fulcrum, including an 818 sq ft one-bedder at $1.75 million ($2,139 psf) and an 829 sq ft two-bedroom unit at $1.7 million ($2,051 psf). EdgeProp Singapore’s Landlens tool reveals that the buyer profile at the Fulcrum consists of 89.4% Singaporean buyers, while the remaining 10.5% are permanent residents or foreigners, and the average sale price has been $2,119 psf.

In addition, Fulcrum is well connected to the surrounding area for its residents, with some popular shopping malls close-by, such as Parkway Parade at Marine Parade Road, i12 Katong at East Coast Road, and Kallang Wave Shopping Mall at Stadium Place.

If you are interested in finding out more about this one-bedroom property or would like to look for other listings at Fulcrum, then visit EdgeProp.sg. On October 26th, SRI will be giving potential buyers the chance to purchase a lovely freehold one-bedroom unit at Fulcrum, with an attractive guide price of $1.69 million ($2,066 psf).

The condo is situated in District 15, just a short drive from a few popular shopping malls, as well as close to the upcoming Katong Park MRT Station on the Thomson–East Coast Line. Plus, it’s very easy to access the East Coast Park via Katong Park Underpass.

The loft consists of 818 sq ft of space and is situated on the seventh floor. Its upper level features a study area, balcony, and a master bedroom with an attached bathroom, while the lower deck contains a living room, kitchen, dining area, and another balcony with a wonderful floor-to-ceiling window.

The unit is currently tenanted until August 2021, and the owner has chosen to keep the rental price private. Nonetheless, past caveats have shown that other one-bedroom units at Fulcrum have been rented out for between $2,400 and $4,500 a month.

The owner purchased the property back in August 2017 for $1.41 million ($1,727 psf) and this is the latest auction offer for the property, with a guide price of $1.73 million. According to EdgeProp LandLens’ figures, 89.4% of the buyers at the Fulcrum are Singaporeans, and their average sale price is $2,119 psf.

SRI expects to attract both homeowners and investors with this latest sale. If you’re interested in finding out more, then visit EdgeProp.sg and take a closer look at the different listings at Fulcrum.