The Crest

Overall Own Stay Investment

1,600-1,700

psf(price)

99

tenure(years)

614

min sqft

1,884

max sqft

Developer Wingcrown Investment Pte Ltd (Wingtai& Metro Holdings)
District 3 – Alexandra
Completion Date June 2018
Architect Toyo Ito & Associates
Land Size 282,500 sqft
Total No. of Units 469
Unit Mix Type Floor Area (sqft) Total Quantity
1 Bedroom Tower By The Meadow 614-775 57
2 Bedroom 743-1001 89
2 Bedroom + Study 883-1044 18
3 Bedroom 1033-1335 35
3 Bedroom (M) 1184-1389 41
3 Bedroom (M) + Study 1453-1658
3 Bedroom + Study 1044 2
3 Bedroom (DK) 1141-1335 67
4 Bedrooms 1485-1711 8
4 Bedrooms + Study 1582-1690 4
4 Bedroom (M) + Study 1744 2
4 Bedroom (DK) 1367-1733 20
4 Bedroom (DK) + Study 1453-1658 4
5 Bedroom (M) 1841 2
5 Bedroom (M) + Study 1873-2002 8
2 Bedroom Island Villa 904-1033 30
3 Bedroom 1173-1378 10
4 Bedroom 1604-1884 40
Total 469

E-Deck Facilities

  • Clubhouse at E-Deck (appx 130sqm)
  • Private Onsen
  • Refresh and Relax Lounge
  • Powder Room

Water Zone

  • Pool Deck
  • 50m Lap Pool with 5 Lanes (appx 1.2m depth)
  • Curvilinear Leisure Pool
  • Reflective Pool
  • Bio Lagoon
  • Oasis Pavilion

Children’s Zone

  • Children’s Fun Pool (appx 0.5m depth)
  • Children’s pavilion
  • Play Mould
  • Play Alcove
  • Garden Jacuzzi

Activity Zone

  • Jogging Trail
  • Tennis Court
  • By the Meadows
    • Grill and Dine Terrace
    • Alfresco Lounge
    • Meadow Spa
    • Meadow Garden
    • Cascading Garden Trail

23rdStorey Recreational Facilities

  • The Crest Club
    • Sky Gym
    • Entertainment Suite
    • Sky Dining
    • Canapes Bar & Terrace
  • Sky Sanctuaries
    • Aroma Garden

Review for The Crest @ Prince Charles Crescent

Since the development of Pinnacle @ Duxton, HDB public housing’s image transformed. Pinnacle did not look like your regular HDB flat, in fact, it looked just like a condominium development. Likewise, many Executive Condominiums looked like a regular Condominium development. It seemed like there is no special difference between these developments except for their status. Property Buyers and Investors have changed their preferences and started looking for unique developments.

Since the completion of Reflections @ Keppel Bay, many property investors have looked to that area because of its eye catching looks, and unique design by a World Renown Architect. When foreigners pass by, it is always in their mind what development this is. This is something that will raise values of the property as it is unique. The question is, Do you want something different?Did you know that The Marq @ Patterson Hill is the only development that has achieved the highest PSF of S$6850, while Orchard Residences just a short walk away cost S$4000psf. Even in Orchard vicinity, the difference lies in the overall design and façade of the development.

Introduction

In June 2014, another such development will be previewing. It is none other than The Crest @ Prince Charles Crescent by WingTai and Metro. When completed, it will be the most eye catching development within the Redhill/Tanglin Vicinity. Owners of The Crest will be excited to point out that they own a unit at this special development. The reason why The Crest is such a special development is because WingTai has not only engaged a World Class Architect, Toyo Ito, who won the Pritzker Prize for Architecture(Nobel Prize equivalent), they also engaged Award Winning Landscape Architect(Sitetectonix) as well as Lighting Consultants(L’Observatoire). Rarely available, The Crest is a development by a World Class Build Team (Developer, Architect, Landscape & Lighting).

Review

The architectural concept and outlook of the development is different compared to the surrounding developments. Being created by a world class build team, the design of The Crest will stand the test of time. 10 years from now, The Crest will still be a development that looks modern at that time.

An award winning lighting designer has been engaged to design the night lighting for The Crest. The importance of lighting is usually overlooked. Good lighting within the development landscape can affect the mood of residents. Imagine after a hard days work, when you return home to a great view of your development landscape, it calms you down and gives you a warm relax feeling. If the lighting of the development does not give you a good feeling, you may feel even worst. This adds tremendous value to your unit as light therapy can be an added bonus for future purchasers.

An award winning lighting designer has been engaged to design the night lighting for The Crest. The importance of lighting is usually overlooked. Good lighting within the development landscape can affect the mood of residents. Imagine after a hard days work, when you return home to a great view of your development landscape, it calms you down and gives you a warm relax feeling. If the lighting of the development does not give you a good feeling, you may feel even worst. This adds tremendous value to your unit as light therapy can be an added bonus for future purchasers.

Property is all about location, location and location. The Crest, is located near to orchard shopping belt but without the noise and bad traffic. The development is also within 800m of Redhill MRT, which gives residents another option of transport. The MRT is within walking distance and residents do not have to hear the MRT noise. Residents will enjoy being within a quiet serene environment while still having all the convenience needed.

On the other hand, with a huge coverage of landscape within The Crest, there is a risk of having more insects within the development. Although this is not a big issue, it is still recommended that property owners prepare “insect netting” for their units. Many units in The Crest comes with open concept kitchen, for buyers who cook frequently, they will have to get their own contractors to box up the kitchen. One popular way is that owners use glass panels to cover their kitchens.

Selecting a unit at The Crest

It is common for property buyers to pick only the cheapest unit in the development. Though it is not wrong, there is a better way for buyers to minimize their risk while maximizing profits from a unit at The Crest.
It is also important to take note of Resale Risk, which takes into account whether your unit is easily sellable upon TOP. For a development like The Crest, the cheapest unit may not be the best investment as potential returns may be lackluster. It will be better to choose a unit which relies on the special features of the development, which is the development landscape view and the water way view which is designed by the architect Toyo Ito and approved by NEA.

Based on the units released thus far on Tower 101, Stack 1,2,5 & 6 offers the best placement and views. Specifically for Stack 2, the 1 bedroom units which consist of 12% of the entire development, has a fantastic view of the development and pool views. Since the developer has engaged award winning landscape architect and lighting consultant, the premium units and limited units are the ones with this view.

In addition, most buyers prefer units on higher floor, however is this really the better choice? In fact, a unit on the lower floor facing the landscape is a premium unit that is low in supply within The Crest. Only the first 3-5 floors are considered the low floor with these views. Another great stack will be Stack 1 and 5 of which all the low units consist of 2 bedroom units. Stack 1 offers 3 different views (waterway, land floor scape and pool views) while Stack 5 offers (waterway, greenery views). These are the most sort after units which are limited in numbers. Having a unit like this will provide investors with low resale risk, which minimizes their risk on purchase. Offering maximized returns as if a prospective property buyer comes to the development for own stay, it is likely that they will prefer such units due to their scarcity, view and rarity.

In a nutshell, choosing a unit at The Crest is not about the Cheapest, it is about the “limited edition” units that offers property buyers a low risk investment with a potential higher returns.

Disclaimer:This article or publication is purely for educational and entertainment purposes only. Material in this article comes from many sources and may be inaccurate or incomplete. The author does not warrant the completeness, accuracy or timing of any information herein. This is not an offer to buy or sell real estate properties. Information or opinions on this blog are presented solely for educational and entertainment purposes, and is not intended nor should they be construed as investment advice. Under no circumstances shall the authors and its agents, or any third party providers, ever be liable for any direct, indirect, incidental, punitive, special or consequential damages, or any attorney fees, from any person or entity that has viewed this blog. View this article or publication at your own risk. It is advisable that readers seek their own professional advice.

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