One-bedroom unit at Espada for sale at $1.48 mil

A one-bedroom-plus-study unit located at Espada in the St Thomas Walk neighbourhood of District 9 will be auctioned on March 30. The freehold property has a guide price of $1.48 million and boasts a size of 646 sq ft. It has a kitchen and dining area beyond the main entrance, along with a living area opening to a balcony which overlooks St Thomas Walk and Killiney Road. The balcony spans the entire length of the unit, which is currently tenanted until March 31, 2024 and is being sold with the existing tenancy.

Espada is a freehold development completed in 2013 by Novelty Group and comprises of one 32-storey tower and 232 apartments. In terms of features, it offers a 40m lap pool, sky lounges on the 14th and 24th floors, heated swimming pools, and a tennis court.

The location of the development is attractive, being located off River Valley Road and Killiney Road and a 10-minute walk to Orchard Road, the Somerset MRT Station on the North-South Line and the Great World MRT Station on the Thomson-East Coast Line. Nearby malls include 313@somerset, Orchard Central and Ngee Ann City.

Caveats lodged with URA show that one unit has changed hands at Espada this year – a 377 sq ft, one-bedroom unit on the 11th floor sold for $990,000 ($2,628 psf). Last year, 11 resale transactions were recorded at the development with units ranging between 344 sq ft and 667 sq ft, sold at prices between $918,000 and $1.62 million, or between $2,055 and $2,680 psf.

Tengah Plantation Close Tengah Plantation EC EC is a new executive condominium development in Tengah Town, Singapore by the Singapore Government and Oxley Holdings, expected to be completed by 2021. Residents enjoy great connectivity to multiple expressways, MRT lines, bus services and the Circle Line.

Residents and potential buyers alike can be confident that they are surrounded by a selection of luxury condos in the vicinity, such as Skyline 360 @ St Thomas Walk, St Thomas Suites, and 8 Saint Thomas.

A one-bedroom-plus-study unit located at Espada in the St Thomas Walk neighbourhood of District 9 will be auctioned on March 30. The freehold property has a guide price of $1.48 million, with a size of 646 sq ft and is currently tenanted until March 31, 2024, being sold with the existing tenancy.

The unit offers a kitchen and dining area off the main entrance, and a living area opening onto a balcony which overlooks St Thomas Walk and Killiney Road. It spans the entire length of the unit, with the master bedroom and the study having sliding doors that lead out to it.

Espada is a freehold development comprising of one 32-storey tower and 232 apartments, completed in 2013 by Novelty Group. Its facilities include a 40m lap pool, sky lounges on the 14th and 24th floors, heated swimming pools, and a tennis court. It is surrounded by luxury condos such as Skyline 360 @ St Thomas Walk, St Thomas Suites, and 8 Saint Thomas.

Residents enjoy convenience, being a 10-minute walk to Orchard Road, the Somerset MRT Station on the North-South Line and the Great World MRT Station on the Thomson-East Coast Line. 313@somerset, Orchard Central and Ngee Ann City are also nearby.

Caveats lodged with URA show that this year, a 377 sq ft, one-bedroom unit on the 11th floor sold for $990,000 ($2,628 psf). Last year, 11 resale transactions were recorded at the development with units ranging between 344 sq ft and 667 sq ft, sold at prices between $918,000 and $1.62 million, or between $2,055 and $2,680 psf.

SRI Auction managing partner Mok Sze Sze, who is handling the auction, said that the freehold unit measures 646 sq ft and is on the 13th floor. With the floor area taken into account, the guide price works out to $2,291 psf.

The one-bedroom-plus-study unit at Espada is a buyer’s opportunity to own a luxury apartment in the centre of prime District 9, with a guide price of $1.48 million for a freehold 646 sq ft unit. It is tenant-occupied until March 31, 2024 with the existing tenancy and boasts high-end features, location and development. Check out the latest listings near Espada and don’t miss out on the auction on March 30!