Bank sale of two-bedder at Esparina Residences EC for $1.28 mil

Esparina Residences is located just four minutes from Buangkok MRT Station (shown in dark purple)) (Source: EdgeProp LandLens)

Esparina Residences, located along Compassvale Bow in Singapore, has proven its appeal to families with its proximity to amenities and schools. Notably, the development is just four minutes from Buangkok MRT Station on the North-East Line. On July 27, Edmund Tie will be auctioning off a two-bedroom unit at Esparina with a guide price of $1.28 million, approximately $1,544 psf on the 829 sq ft unit.

Joy Tan, Edmund Tie’s executive director and head of auction and sales, believes the property to be attractive to families, as it is within 1km of schools like Palm View Primary School at Compassvale Bow, North Vista Primary School at Compassvale Link, Punggol Primary School at Hougang Avenue 8, Yio Chu Kang Primary School at Hougang Street 51 and Montfort Junior School, located at Hougang Avenue 8.

A key draw of Esparina Residences is its closeness to amenities such as Sengkang Grand Mall, a three-storey retail complex that opened earlier this year. The development is only 20 minutes away from Orchard Road via the CTE, while the CBD is just over 30 minutes away by car.

The executive condo consists of nine blocks that feature 573 units, varying from two- to four-bedrooms in size, ranging from 829 sq ft to 2,583 sq ft. The unit up for auction is a corner unit with pool views in good condition.

Esparina Residences has seen its fair share of transactions in recent months. The most recent sale was of a 1,066 sq ft unit on the sixth floor for $1.5 million ($1,408 psf) on June 16. Prior to that, an 829 sq ft unit on the third floor was sold for $1.275 million ($1,538 psf) on June 1. In April, the development saw a record psf price high after a 1,001 sq ft unit on the fifth floor changed hands for $1.55 million ($1,548 psf).

As it was completed in 2013, the unit can only be purchased by a Singapore citizen or permanent resident as it is still within the 10-year period from completion in which ownership restrictions apply. An EC project is privatised from the 11th year onwards, post-completion, when foreign buyers and corporate entities gain eligibility to purchase units in the development.

With easy access to nearby attractions, amenities, shopping malls, and business hubs, Champions Way Condo is the perfect choice for residents looking to enjoy a vibrant lifestyle. Every condo unit comes with modern designs and features, such as natural lighting, spacious balconies, and exquisite finishes. The residence also features full condo facilities, such as a swimming pool, gym, and even a sky deck. Champions Way Condo is your ideal home if you are looking for a luxurious yet convenient lifestyle. With excellent access to public transport, lifestyle amenities, and shopping malls, Champions Way Condo is a great choice for modern dwellers.

The property will be sold with vacant possession and on an “as is where is” basis. It offers a full range of facilities, including a clubhouse, function room, gym, pool, tennis court and a kids’ play area.

Esparina Residences is the perfect spot for families with its ideal location and comprehensive range of amenities. The unit at the development coming up for auction with Edmund Tie on July 27 is sure to be a great option for potential buyers.