welcome to

Amber Park in East Coast sells 115 of 150 units at $2,425 psf in weekend launch

Amber Park in East Coast sells 115 of 150 units at $2,425 psf in weekend launch.

SINGAPORE - Amber Park sold 115 units at an early bird average price of $2,425 per square foot, after the 592-unit East Coast condominium project launched over the weekend. This accounted for 77 per cent of the 150 units released by City Developments Limited (CDL) and its joint venture partner Hong Realty.

The take-up was "the strongest launch weekend sales for a freehold project this year", said CDL in a media release on Sunday (May 5).

The sold units - which included a penthouse - amounted to a total sales value of over $240 million and covered all apartment types.

CDL said about 85 per cent of the buyers were Singaporeans, while the remaining were foreigners mainly from China, Malaysia, Indonesia, India and others.

Early-bird prices started from $1.088 million for a one-bedroom plus study apartment, $1.608 million for a two-bedroom plus study, $1.628 million for a two-bedroom, $2.18 million for a three-bedroom, $3.068 million for a four-bedroom plus study, $3.438 million for a four-bedroom and $4.98 million for a five-bedroom premium.

Unit sizes range from 463 sq ft for a one-bedroom plus study to 5,005 sq ft for the largest six-bedroom plus study penthouse.

Source: https://www.straitstimes.com/business/property/amber-park-in-east-coast-sells-115-of-150-units-at-2425-psf-in-weekend-launch

Adapted from The Straits Times 6th May 2019