Amber Park Sells 115 Units At $2,425 psf

6 May 2019

CDL described the take-up as “the strongest launch weekend sales for a freehold project this year”.

Amber Park – City Developments Limited (CDL) and Hong Realty’s joint residential project in East Coast – moved 115 units or 77 percent of the 150 units released during its launch over the weekend.

The units were sold at an early bird average price of $2,425 per sq ft (psf).

CDL described the take-up as “the strongest launch weekend sales for a freehold project this year”.

SEE ALSO: The Complete Guide To Buying A New Launch Condo In Singapore

This comes as the sold units, which covered all apartment types and included a penthouse, had a total sales value of more than $240 million.

CDL revealed that Singaporeans accounted for 85 percent of the buyers, while the rest were foreigners mostly coming from China, Indonesia, Malaysia, India and others.

Early bird prices ranged from $1.088 million for a one-bedroom plus study unit to $4.98 million for a five-bedroom premium.

SEE ALSO: What You Need To Know About Additional Buyer’s Stamp Duty

“Sales for this project are off to a good start, indicating healthy demand for well-located projects that are exceptionally designed.  As a freehold project in District 15 located so close to an MRT station, Amber Park draws buyers looking for projects with good investment value,” said CDL group general manager Chia Ngiang Hong.

Slated for completion in 2024, Amber Park is close to the upcoming Tanjong Katong MRT station on the Thomson-East Coast Line, while nearby schools include Tao Nan School, Tanjong Katong Girls’ School and CHIJ (Katong) Primary.

The development features a 32,507 sq ft rooftop recreational deck that links the three 21-storey towers. Dubbed the Stratosphere, it boasts a 600m sky jogging track, a yoga deck, spa pool and gym, among other facilities.

With the East Coast area being one of the most desirable areas to live in, there is little wonder why prices in the area remain higher. Get more pricing insights of the area with our AreaInsider guide.

Fiona Ho, Digital Content Manager at PropertyGuru, edited this story. To contact her about this or other stories, email


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