The Crest Condo - The future begins here, where everything is meant for you!
The Crest condo's site at Prince Charles Crescent Singapore has currently been successfully tendered by three development companies, including Wingstar Investment Pte Ltd, Metro Australia Holdings Pte Ltd, and Maxdin Pte Ltd at a price of $516,298,888. This site has been sought after by fifteen tenderers since it was launched for sale in August 23, 2012 and closed on September 20 of the same year. The tendered sale price of the highest bidder translates to a tendered sale price of $10,336.31 per square meters of gross floor area, and this high per square meter price highlights how the land parcel is much desired by developers, and most definitely by the future buyers.
The Crest condo by Wingcrown Investment Pte Ltd |
The Crest condo by Wingtai
Wingstar Investment is a subsidiary company of Wing Tai Holdings Limited, while Metro Australia Holdings and Maxdin Pte Ltd are, respectively, subsidiaries of Metro Holdings Limited and UE E&C Ltd. This new launch project by Wing Tai Holding will be another highly anticipated luxurious residential development coming this year 2013 after the launched of The Echelon by CDL at Alexandra View. Potential buyers for investment and home stay will have another great choice in Tanglin precincts.
The Crest condo's land parcel at Prince Charles Crescent
was first put under the Urban Redevelopment Authority’s Reserve List system on May 2012, and one month later, it has received an application to have the land parcel for sale by public tender with a bid of not less than $390 million. The Crest condominium has a site area of 23,785.4 square meters or 2.38 hectares.
The Crest - new condominium is just next to Alexandra Canal |