Amber Park will likely launch on 4th May, with indicative prices starting from $2,160 psf. Here’s what you need to know:
Over the weekend, the 592-unit condominium opened for preview, attracting a steady crowd of affluent property buyers. The freehold condominium is at 16 Amber Gardens, and features three 21-storey towers interconnected by a rooftop deck.
Neighbouring projects have comparable prices; Coastline Residences launched with an average selling price of $2,450 psf while Amber 45’s units transacted at an average price of $2,365 psf. Therefore, the estimated average selling price for Amber Park could range between $2,400 and $2,600 psf.
What’s to look forward to?
Featuring a 600-metre sky jogging track and other facilities, the project has gained interest from both locals and Chinese buyers. Local interest came from residents around the area looking to invest in a second property, while Chinese buyers were interested in the larger units.
However, unlike most developments where larger units enjoy nicer facing, smaller units at Amber Park enjoy better facing.
The developer is seeking to appeal to a good mix of tenants and families, with one- and four- bedroom units priced from $1 million and $3.6 million respectively. However, considering that the apartments will comprise of wireless smart home systems, it is likely that only a select few in Singapore will find it affordable.
Amber Park is located near Tanjong Katong MRT station and is a short drive to the CBD, Marina Bay Financial Centre, Singapore Sports Hub, and Changi Airport. Some surrounding amenities include East Coast Park, Parkway Parade, and i12 Katong.
Would you like to stay at Amber Park? Voice your thoughts in our comments section or on our Facebook community page.
Looking for a property? Find the home of your dreams today on Singapore’s largest property portal 99.co! You can also access a wide range of tools to calculate your down payments and loan repayments, to make an informed purchase.
About Madeline Foo
Looking to sell your property?
Whether your HDB apartment is reaching the end of its Minimum Occupation Period (MOP) or your condo has crossed its Seller Stamp Duty (SSD) window, it is always good to know how much you can potentially gain if you were to list and sell your property. Not only that, you’ll also need to know whether your gains would allow you to right-size to the dream home in the neighbourhood you and your family have been eyeing.
One easy way is to send us a request for a credible and trusted property consultant to reach out to you.
Alternatively, you can jump onto 99.co’s Property Value Tool to get an estimate for free.
If you’re looking for your dream home, be it as a first-time or seasoned homebuyer or seller – say, to upgrade or right-size – you will find it on Singapore’s fastest-growing property portal 99.co.
Meanwhile, if you have an interesting property-related story to share with us, drop us a message here — and we’ll review it and get back to you.
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