Our top Singapore property stories.
Amber 45 To Be Launched At Average Price Of Over $2,000 Psf
Property developer UOL Group opened the Amber 45 showflat for preview on Saturday (28 Apr). The freehold condominium will comprise one 21-storey block of 139 units.
Located at 45 Amber Road in District 15, the 69,858 sq ft site was purchased for $156 million ($1,056 psf per plot ratio) in January 2017. It was previously owned by developer Sin Lian Huat and used as a floral nursery.
There will be a range of two- to four-bedroom units from 614 sq ft to 1,798 sq ft, of which about 70 percent are two- and three-bedders. All units will come with integrated smart home features. Read more
Queenstown HDB Flat Sold For $1.08m, More Record-Breaking Deals Expected
A HDB resale executive apartment at Block 148 Mei Ling Street in Queenstown, which has a balance lease of about 76 years, was sold this month for an eye-popping $1.08 million, which works out to about $669 psf on the built-up area.
The 1,615 sq ft higher floor unit is located close to Queenstown MRT station and Anchorpoint mall. It is understood that the sellers have been staying there since 1995.
ERA Realty’s Mohamed Ameen was the buyer’s agent who helped broker the sale. He revealed that the unit was listed on PropertyGuru with an asking price of $1.15 million for about a month. Read more
Long Queues At Twin Vew Showflat
More than 7,500 people visited the showflat of Twin Vew at West Coast Vale at the start of its preview this month.
A large crowd was seen queuing up even before the doors opened at 10am on Saturday (21 Apr), said developer CSC Land.
The mix of visitors included young couples, multi-generational families and investors. Read more
149 Units At Park Place Residences Sold At Average $2,000 Psf
Two residential projects launched earlier this month (7-8 Apr) drew an overwhelming response from buyers, further boosting property market sentiment.
Lendlease’s Phase 2 sales launch of Park Place Residences at Paya Lebar Quarter (PLQ) saw 149 of the final 219 apartments snapped up over two days at an average price of $2,000 psf.
This brings the total number of units sold at the 429-unit condo to 359 (84 percent). Read more
Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg