THE CREST: Bukit Merah Condominium | Details & Reviews

Name: THE CREST
Brand: THE CREST
SKU: THE CREST
Rating: 4.3 (8 reviews)

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The Crest

Sale Price *

Average

S$ 1,931 psf

Range

S$ 1,695 - 2,073 psf

Rental Price **

Average

S$ 6.0 psf pm

Range

S$ 4.0 - 7.5 psf pm

Rental Yield **

3.7%

Rental income expressed as a percentage of the property's value.

Amenities

2.7

Convenience

4.2

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities

0 Facilities Available

Description

The Crest is a leasehold (99 yrs from 2012) condominium completed in 2017. It is developed by WINGCROWN INVESTMENT PTE LTD. The development occupies a land area of 23,785 sqm and a Gross Floor Area of 49,949 sqm. It consists of 469 units. According to records, buyers of this development are Singaporean 53.7%, PR 23.6%, Foreigner 22.6%, Company 0.2%.

THE CREST is located along Prince Charles Crescent in Bukit Merah, in District 3. It is accessible through the nearest MRTs including Redhill EW18 and Tiong Bahru EW17.

Based on transaction data in the last 12 months, sale prices range from S$ 1,695 psf to S$ 2,073 psf at an average of S$ 1,931 psf. Its highest recorded transaction was S$ 2,323 psf in Feb 2018 for a 1,722-sqft unit. Its lowest recorded transaction was S$ 1,425 psf in Nov 2014 for a 1,238-sqft unit. Its current rental yield is at 3.7%. Other nearby amenities include: 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, LITTLE FARMS PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, and 1 Shopping Mall: VALLEY POINT SHOPPING CENTRE.

Buyers and tenants are attracted to District 3, which is comprised of Tiong Bahru, Alexandra and Queenstown. This district is located at the city fringe in the Central Region of Singapore and contains a good mix of public and private houses. District 3 is currently served by the East-West Line at Tiong Bahru MRT Station, Redhill MRT Station and Queenstown MRT Station. It takes approximately 10 minutes or less to commute from these stations to the Central Business District at Raffles Place MRT Station. Tiong Bahru is famous for its local food fare at the renowned Tiong Bahru Market & Food Centre. District 3 also houses an eclectic mix of specialty shops and heartland malls such as the Queensway Shopping mall and Tiong Bahru Plaza. On top of that, the world’s largest home furnishing retailer, IKEA, is situated at Alexandra road in Queenstown.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.

What they say

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"I find this property location is opposite Jervois area where all the rich staying and a few minutes to Orchard area. "

J*************u@gmail.com

Others | 07 Mar 2022

"This Project is next to Jervois. Is a project you buying almost CCR but is paying RCR price. Very near Tanglin Mall mean is less than 10 minute drive to Orchard area. Even by Grab or Gojek less than 9 dollar during off peak to Orchard area. Also walkable to nearest MRT Redhill. In term of convenience to all city area very good. And also nice place. Not noises area. "

l************n@gmail.com

Owner | 06 Mar 2022

4.2

"8 mins walk to mrt, quiet"

x*****1@gmail.com

Owner | 18 Mar 2018

"its a nice place. but security n management service is super bad. rude as hell.."

P******

Google Review | 26 Jun 2022

"Very nice landscaping condo with decent size of land. Feel like in a different corner of Redhill neighborhood. Very windy & green. View from tower blocks are fantastic"

A*** V*

Google Review | 04 Apr 2022

"Very well maintained condo, quality of the facilities and house is great, professional guards, management staff is also very nice and good with communication."

J* L*

Google Review | 30 Oct 2021

"Location wise it is near to Redhill, Henderson & Orchard area but will need your own car to get to anywhere. View at the top level of a small chill out area is amazing of the surrounding town view but before going outside to the chill out area there are units on the same floor which can be abit of inconvenience to the owners, this design is not well thought. Carpark though is very well designed with clear directions to the various blocks and even OUT of the basement, well lit in the day and there were a few charging points for the hybrid vehicles. Quite a few RRs, Bentleys & various sports cars scattered around in the CP which are a common sight nowadays. Small lobby area with a seat inside each block lobby while waiting for your Grab car is thoughtful by the developer."

M****** S** L**

Google Review | 13 Jun 2021