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

The house lies in a freehold ground property The Countryside, which Seletar Properties created in the late 1990s. It features 245 terraced and semi-detached homes, 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 real estate property developments around consist of the 64-unit Banyan Villas, the 87-unit Florissa Park as well as the 185-unit Lentor Villas.

The home had a starting rate of $4.8 million, and also after a bidding competition from 3 parties, the building was offered under the hammer for $5.01 million ($1,381 psf), which was $160,000 on top of the guide rate of $4.85 million.

The residential property will appeal to family members with school-going kids as it is near the Anderson Primary School, Mayflower Primary School and CHIJ St Nicholas Girls’ School (Primary). Lentor MRT Terminal is likewise within walking range.

Copen Grand City Developments and MCL Lands

Based on warnings lodged, just one resale transaction occurred at The Countryside this 2022. In April, a terraced home on Countryside Road with an acreage of 1,844 sq ft modified hands for $3.23 million ($1,752 psf). It was bought for $2.15 million ($1,166 psf) in April 2013, meaning the owner realized a profit of $1.08 million.

The house at Countryside Road that was merely sold at public auction rises within a five-minute drive of the upcoming Lentor Modern.

A three-storey edge terraced residence at Countryside Road in the Lentor area in District 26 was yielded $5.01 million ($1,427 psf) at an auction on Aug 26. The house was a mortgagee transaction, claims Yvonne Lau, higher supervisor of sales as well as public auction at ERA, who handled the auction sale.

The house, done 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 includes a roofing deck. The first level provides a living area with a 6m-high ceiling and also glass doors that offer enough natural light. The study space, cooking area, dining location and utility room are additionally on the first floor. The lower 2nd floor has two bedrooms with a common shower room. The bedroom on the upper second storey has a 6m-high roof with a walk-in wardrobe and also en collection bathroom. Lastly, the third floor has an additional two bedrooms with a shared bathroom.

Attraction in the Lentor area has actually spiked considering that the Federal government offered 2 sites through the government land sales program in 2021 as well as early this year. The first location at Lentor Central was marketed to GuocoLand, which sneak the 605-unit Lentor Modern on Sept 2. It is an integrated building with a mall linked straight to the Lentor MRT Terminal (on the Thomson-East Coast Line).

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