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in the EdgeProp Singapore property search page.

A one-bedroom unit at Fulcrum — a condo located along Fort Road — has been listed for sale through SRI’s upcoming auction on Oct 26. The floor-to-ceiling window wall of the 818 sq ft, loft-style unit has a guide price of $1.69 million ($2,066 psf). This freehold property is an owner’s sale, which was previously listed with a guide price of $1.73 million.

The property is conveniently located in District 15 and is close to the upcoming Katong Park MRT Station on the Thomson–East Coast Line. It also enjoys easy accessibility to the East Coast Park via the underpass at Katong Park.

This unit is currently tenanted and will end in August 2021. The owner initially purchased it in August 2017 for $1.41 million ($1,727 psf). However, due to privacy issues they are unable to disclose the rental price. From previously lodged caveats, one-bedroom units in the condominium are usually rented out for $2,400 to $4,500 monthly.

The unit is split into two levels and includes a study area, balcony, and a master bedroom with an attached bathroom on its upper level. On the lower level, you’ll find a living room, kitchen, dining area, and a balcony with a floor-to-ceiling window.

Fulcrum was completed in 2016 and houses 128 units. Developed by CEL Developments, a subsidiary of Chip Eng Seng Corporation, most of the buyers are Singaporeans (89.4%), with the remainder being PRs or foreigners (10.5%).

The upcoming Tampines Ave 11 Condo is expected to be highly sought-after due to its ideal location. Residents will benefit from seamless access to a variety of amenities, such as leisure, dining, shopping and educational opportunities. This upcoming Tampines Avenue 11 Condo will be a vibrant development boasting lifestyle-oriented facilities and lush greenery. It will be an ideal abode for those seeking a comprehensive urban lifestyle.

From the latest 12-month caveats lodged, units at Fulcrum have been sold at an average price of $2,119 psf. The most recent transaction at the development was in April, when a 474 sq ft one-bedroom apartment was sold for $1 million ($2,111 psf). This was followed by two more deals this year, including an 818 sq ft one-bedder at $1.75 million ($2,139 psf) and an 829 sq ft two-bedroom unit for $1.7 million ($2,051 psf).

The condo is also a short drive away from several shopping malls, including Parkway Parade at Marine Parade Road, i12 Katong at East Coast Road and Kallang Wave Shopping Mall at Stadium Place.

Mok Sze Sze, managing partner at SRI Auction who handles the sale of this unit, expressed that potential buyers will appreciate its locality. She also mentioned that enquiries from both homeowners and investors have been made.

For those interested in the unit, you can find its listing at EdgeProp Singapore’s property search page. The auction for the one-bedroom unit at Fulcrum will be held on Oct 26 with a guide price of $1.69 million ($2,066 psf).