# MCST puts Ridgewood Condominium four-bedder up for auction at $3.88 mil

- **Source:** EdgeProp Singapore
- **Published:** 2026-07-16T01:00:00.000Z
- **Author:** Ashley Lo
- **Original:** https://www.edgeprop.sg/property-news/mcst-puts-ridgewood-condominium-four-bedder-auction-388-mil
- **Topics:** Private Residential, Transactions & Deals, Investment & Capital Markets

## Featured rationale

The guide price exceeds the development’s $1,826 psf average resale price this year, which may make viewings and family-oriented attributes important to bidding interest.

## AI summary

An MCST is auctioning an 18th-storey, 1,873 sq ft four-bedroom Ridgewood Condominium unit for $3.88 million, or approximately $2,072 psf.

## Original article

A four-bedroom unit at Ridgewood Condominium — a 999-year leasehold development in the Mount Sinai area — will go under the hammer at Knight Frank's upcoming auction on July 23. The property has a guide price of $3.88 million, which translates to around $2,072 psf on the unit’s floor area of 1,873 sq ft.

This is the first time the property has been put up for auction, according to Sharon Lee, executive director of auction and sales at Knight Frank Singapore. The firm was appointed by the Management Corporation Strata Title (MCST) of Ridgewood Condominium to manage the sale.

An MCST sale typically occurs when an owner defaults on maintenance and sinking fund payments. The development's MCST can put the unit up for sale to recover arrears, per the Building (Strata Management) Act.

Read also: Rare duplex four-bedder at Tanah Merah Mansion going under the hammer for $3.25 mil

Unlike most foreclosure sales where a buyer purchases the property without viewing it first, in this case, prospective buyers are allowed to view the unit at Ridgewood Condominium before placing a bid, says Lee.

The 18th-floor unit comprises a combined living and dining area that opens onto a balcony overlooking the Mount Sinai landed enclave. It also has a master bedroom with an attached bathroom, three additional bedrooms, a common bathroom, a kitchen and a service yard.

Ridgewood Condominium comprises 464 residences across high-rise residential blocks and a collection of townhouses. Completed in 1981, it occupies a sprawling 999-year leasehold site of 672,148 sq ft.

Located along Ridgewood Close and Mount Sinai Drive in prime District 10, the development is about a six- to eight-minute drive to amenities at Clementi Mall, The Star Vista, and the Holland Village lifestyle enclave.

Lee believes the property will appeal to families with school-going children, given its proximity to several schools. It is within 1km of Henry Park Primary School, while Pei Tong Primary School, Fairfield Methodist School, Methodist Girls' School, and Nan Hua Primary School are within a 2km radius.

Based on caveats lodged, four units have changed hands at Ridgewood Condominium so far this year, at an average resale price of $1,826 psf. The most recent transaction involved a 1,744 sq ft four-bedder on the fifth floor — it was sold for $3.2 million ($1,835 psf) on April 27.

Read also: Reconfigured unit at The Sail @ Marina Bay to be auctioned with $1.39 mil guide price

Before that, a 1,206 sq ft, two-bedroom unit fetched $2.1 million ($1,742 psf) on April 13.

Check out the latest listings for Ridgewood properties

## Chinese translation

> Translation model: grok

### 管委会将Ridgewood Condominium四房单位送拍，指导价388万新元

管委会（MCST）出售通常发生在业主拖欠款项时。送拍单位面积1,873平方英尺，位于18楼。

Ridgewood Condominium一套四房单位——该项目为西奈山（Mount Sinai）一带的999年地契发展——将于7月23日在莱坊（Knight Frank）拍卖会上亮相。物业指导价388万新元，按单位面积1,873平方英尺折合约每平方英尺2,072新元。

莱坊新加坡拍卖与销售执行董事Sharon Lee表示，这是该物业首次送拍。该公司受Ridgewood Condominium分层地契管理理事会（MCST）委任管理此次出售。

MCST出售通常发生在业主拖欠维修费与公积金（sinking fund）款项时。根据《建筑物（分层管理）法》，发展项目的MCST可将单位出售以追讨欠款。

另读：丹那美拉大厦（Tanah Merah Mansion）稀有复式四房单位以325万新元送拍

Lee表示，与多数买家无法先看房的法拍不同，本案准买家可在出价前实地查看Ridgewood Condominium该单位。

该18楼单位设有连通阳台的客餐厅，可俯瞰西奈山有地住宅区；另有附卫主卧、三间额外卧室、公共浴室、厨房与工作阳台。

Ridgewood Condominium共464户，分布于高层住宅楼与联排别墅。项目1981年落成，坐落占地672,148平方英尺的999年地契地段。

位于核心第10区Ridgewood Close与Mount Sinai Drive一带，驾车约六至八分钟可达金文泰广场（Clementi Mall）、The Star Vista与荷兰村生活圈配套。

Lee认为，鉴于邻近多所学校，该物业将吸引有学龄子女的家庭。1公里范围内有亨利园小学（Henry Park Primary School），2公里半径内还有培道小学（Pei Tong Primary School）、卫理公会学校（Fairfield Methodist School）、美以美女校与南华小学（Nan Hua Primary School）。

根据已登记caveat，Ridgewood Condominium今年迄今有四个单位转手，平均转售价每平方英尺1,826新元。最近一笔为4月27日五楼一套1,744平方英尺四房单位，以320万新元（每平方英尺1,835新元）成交。

另读：The Sail @ Marina Bay改建单位将拍卖，指导价139万新元

此前，4月13日一套1,206平方英尺两房单位以210万新元（每平方英尺1,742新元）成交。

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