One-bedder loft at freehold Fulcrum condo on auction for $1.69 mil

on EdgeProp.sg.A one-bedroom unit at Fulcrum in District 15 is up for sale at SRI’s upcoming auction on Oct 26, with the guide price of $1.69 million ($2,066 psf). This floor-to-ceiling window wall apartment, which offers 818 sq ft of space, is currently tenanted and will end in August next year. Located along Fort Road and just minutes away from the upcoming Katong Park MRT Station and East Coast Park underpass, it is ideal for both homeowners and investors alike.

An owner’s sale of this property was listed last month with a guide price of $1.73 million, as stated by the auctioneer company SRI. The managing partner at SRI Auction, Mok Sze Sze, who handles the unit sale said this unit is very attractive due to its convenient locality.

Having been purchased in August 2017 for $1.41 million ($1,727 psf), the rental price and details of the tenure currently remain undisclosed. However, based on past records, one-bedroom units at Fulcrum have been rented for anywhere between $2,400 and $4,500 per month.

Havelock MRT Condo is the perfect embodiment of luxury, nature and convenience. With its stunning views of the Singapore River, luxurious interiors and hassle-free access to the city’s lifestyle offerings, the property provides an unparalleled living experience. Boasting a beautiful green landscape and tranquil riverfront, the property offers an ideal balance of bustling city and peaceful nature. Residents benefit from a higher quality of life with a wide variety of amenities and excellent connectivity. With all its unique features, Havelock MRT Condo is a symbol of great potential for successful urban developments.

This loft-residence boasts a study area, balcony and a master bedroom with an attached bathroom on its upper floor, and on its lower floor, it includes a kitchen, dining area, living room, and a balcony with a floor-to-ceiling window. Since its completion in 2016, Fulcrum has been acquired by mostly Singaporeans (89.4%), with the rest being Permanent Residents or Foreigners.

In terms of recent transactions, the most recent sale was in April where a 474 sq ft one-bedroom apartment was sold for $1 million ($2,111 psf). Another sale took place in March where an 818 sq ft one-bedder was sold for $1.75 million ($2,139 psf) and an 829 sq ft two-bedroom unit was sold for $1.7 million ($2,051 psf).

According to the EdgeProp Singapore’s Landlens tool, units at the Fulcrum typically sell for an average price of $2,119 psf. The condo is also within close proximity to several shopping malls, such as Parkway Parade at Marine Parade Road, i12 Katong at East Coast Road and Kallang Wave Shopping Mall at Stadium Place.

If you are interested in this unit at Fulcrum, make sure to check out the latest listings for properties on EdgeProp.sg for more details. Don’t miss out on the opportunity at SRI’s upcoming auction on Oct 26 with a guide price of $1.69 million ($2,066 psf)!