Unit at Four Seasons Park up for auction at $6.2 mil

By
/ EdgeProp Singapore
|
March 21, 2019 2:27 PM SGT

Four Seasons Park (Credit: Samuel Isaac Chua/ The Edge Singapore)

A 2,260 sq ft, four-bedroom unit at Four Seasons Park, along Cuscaden Walk in prime District 10, will be put up for auction on March 27. This is an owner’s sale with a guide price of $6.2 million ($2,743 psf), according to Edmund Tie & Co (ET&Co), which is handling the auction.
The fourth-floor unit overlooks the greenery of the trees within the development. It faces the landed estate of One Tree Hill, away from the noise and activities in the Orchard Road area, says Joy Tan, head of auction and sales at ET&Co.
The space of the unit is fully utilised, with no balcony area, bay window, or household shelter, says Tan. It boasts an entrance foyer, a spacious living and dining area as well as a family area, she adds. The master bedroom has a walkin wardrobe and en suite bathroom, while the junior suite comes with an en suite bathroom. The remaining two bedrooms both share an adjoining bathroom.
The unit is currently tenanted at $8,650 per month until August this year, says Tan, with an option to renew the existing tenancy. Rents for a similar-sized unit at the development in January ranged from $8,000 to $10,500, based on caveats lodged with URA. T
The owner, a local, had purchased the unit in May 2007 for $5.4 million ($2,389 psf). He wants to sell and cash out for a “comfortable retirement”, says Tan.
For price trends, recent transactions, other project info, check out the Four Season Park project details page

The fourth-level unit faces the landed estate of One Tree Hill (Credit: ET&Co)

Completed in 1994, Four Seasons Park comprises 202 freehold units. It is a five-minute walk to Orchard MRT Station on the NorthSouth Line...