Amber Park

Project NameAmber Park (安珀园)
District15
DeveloperCity Developments Limited, CDL
Address14 and 16 Amber Gardens Singapore 439960 and 439961
Showflat LocationAmber Gardens
Developer Sales Hotline Team69097663 / 69097662 / 86661235
Est Indicative Selling Price RangeBetween $2,300 to $2,400 psf
TenureEstate in Fee Simple (Freehold)
DescriptionAmber Park, a brand new condo redevelopment by CDL at Amber Gardens.
No of Units616 units
No of BlocksTBA
Site Area213,670 sqft
Gross Floor Area598,300 sqft
Land Lot NumberMK25-04111N
UNIT TYPESIZETOTAL UNITS
1 Bedroom + Study463-538 sqft19
1 Bedroom + Ensuite Study463-549 sqft95
2 Bedroom700-829 sqft82
2 Bedroom + Study678-883sqft120
3 Bedroom947-1270sqft101
4 Bedroom1572sqft38
4 Bedroom Premium1582-1798sqft36
4 Bedroom + Study1302sqft57
5 Bedroom Premium2045-2142sqft30
5 Bedroom + Study2325-2336sqft10
Penthouse (6 Bedroom)4392sqft3
Penthouse (6 Bedroom + Study)5005sqft1
9-Apr-19-Amber-Park-Floor-Plans

City Development (CDL) and Hong Realty (a subsidiary of the Hong Leong Group) have acquired ownership of Amber Park Condo in one of Singapore’s leading en block sale. Although the collective sale attracted top players in the industry, CDL managed to win the bid with Amber Park Price hitting S$906.7 million in one of the biggest joint venture in the region.

The sale price of Amber Park CDL translates to a land ratio of about S$1,515 per sq ft ppr according to the allowable GPR of 2.8 with no development fees on the redevelopment. Hong Realty and Cityzens Development list the 200 units involved with Hong Realty owning a 20% stake of the project.

Based on the 2014 master plan, Amber Park site measuring 213,670 sq ft is a zone for residential purposes. Each of the individual owners of the apartments is set to receive gross sales proceeds ranging between S$4.3 million and S$8.3 million.Read More

Amber Park is well situated in an established community which makes it a highly sought after area. With the several ongoing projects in the area, it has potential which will yield lots of benefits to the residents. Additionally, the strategic location also allows Amber Park to enjoy the excellent connection to other parts of Singapore as well as access to various amenities.

Being the original developers of the former 200-unit Amber Park developed in 1986, CDL claim that they know best what suits the area. The company plans to redevelop the site to house luxury condos comprising up to four 25-storey buildings accommodating approximately 800 units plus a car park in the basement, a concept subject to approval.

According to CDL, most of the units at Amber Park will be designed with a North-South facing orientation which enables the future residents of Amber Park Condo to enjoy the spectacular sea views. The upcoming iconic landmark is anticipated to be an ideal investment deal to reach Singapore’s residential Market.

The unique development site will be beneficial to both investors and CDL considering that freehold properties in Singapore are becoming rare. Once completed, the Amber Park will offer a perfect place for people who work in the area to secure an incredible living space.

DISTANCES TO AMBER PARK CONDO

Amber-Park-Map-5-April-2019

NEAREST MRT STATIONSDISTANCE TO AMBER PARK CONDO
DAKOTA MRT STATION1.44 km
MOUNTBATTEN MRT STATION1.94 km
PAYA LEBAR MRT STATION2.07 km
NEAREST INTERNATIONAL SCHOOLS
CHATSWORTH INTERNATIONAL SCHOOL (EAST)0.33 km
CANADIAN INTERNATIONAL SCHOOL (TANJONG KATONG)0.43 km
NEAREST PRIMARY SCHOOLS
TANJONG KATONG PRIMARY SCHOOL0.54 km
HAIG GIRLS’ SCHOOL1.31 km
TAO NAN SCHOOL
1.4 km

AMBER PARK CONDO PRICE – ENBLOC PRICE BY CITY DEVELOPMENTS LIMITED

LAND LOCATIONSUCCESSFUL SALE PRICEPER SQ FT PER PLOT RATIOGROSS PLOT RATIO
14/16 Amber Gardens$906,700,000$1,5152.8

AMBER PARK CONDO PRICE – NEARBY CONDO PRICES

NEWER CONDOS AROUND DISTRICT 15, AMBER GARDENSHIGHEST PSF FOR THE PAST 12 MONTHS TRANSACTEDYEAR OF COMPLETION
Amber 45$2,573Under Construction
The Meyerise$2,5502014
Amber Skye$2,5032017
Marine Blue$2,2752016
The Cape$2,1282014
Silversea$1,9712014
The Aristo @ Amber$1,9352013
Coralis$1,8742013
16 @ Amber$1,7982014

Author:

Cheryl Lum HP: 86661235 / 90228783 CEA: L3002382K / R060546A Email: enquiry@sgpropertytop.com Office:150 Orchard Road, Orchard Plaza #05-32 Singapore 238841