Freehold corner terraced house at Countryside Road sold for $5.01 mil
The house, done in 1999, sits on an acreage of 3,519 sq ft and has a built-up area of 4,000 sq ft. It comes with a roofing system terrace. The very first flooring offers a living area with a 6m-high ceiling and glass doors that give sufficient natural light. The study area, cooking area, dining area and utility room are also on the initial flooring. The lower second floor has two bed rooms with a common washroom. The bedroom on the top second floor has a 6m-high ceiling with a walk-in wardrobe and also en suite bathroom. Finally, the third flooring has an additional 2 bedrooms with a common washroom.
Based upon warnings lodged, just one resale deal happened at The Countryside this season. In April, a terraced house on Countryside Street with a land area 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 homeowner netted an earnings of $1.08 million.
Interest in the Lentor location has actually surged since the Federal government marketed 2 sites through the public land sales programme in 2021 and also early this year. The first site at Lentor Central was offered to GuocoLand, which sneak the 605-unit Lentor Modern on Sept 2. It is an integrated building with a mall connected directly to the Lentor MRT Terminal (on the Thomson-East Coast Line).
The house lies in an estate landed development The Countryside, which Seletar Properties developed in the past 1990s. It includes 245 terraced and semi-detached homes, with land dimensions ranging from 1,817 sq ft to 6,399 sq ft. The Countryside is bounded by Lentor Avenue as well as Yio Chu Kang Road. Various other real estate property developments in the vicinity include the 64-unit Banyan Villas, the 87-unit Florissa Park and also the 185-unit Lentor Villas.
The property will attract 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 walking range.
The residency at Countryside Road that was simply reselled at public auction rises within a five-minute trip of the upcoming Lentor Modern.
The house had a starting price of $4.8 million, as well as after a bidding competition from 3 parties, the property was marketed under the hammer for $5.01 million ($1,381 psf), that was $160,000 on top of the overview price of $4.85 million.
A three-storey corner terraced home at Countryside Roadway in the Lentor spot in District 26 was cost $5.01 million ($1,427 psf) at a public auction on Aug 26. The home was a mortgagee purchase, claims Yvonne Lau, higher manager of sales and also auction at ERA, that managed the auction sale.