CDL, Hong Realty To Launch Freehold Amber Park Condo At Average $2,425 PSF
City Developments Limited (CDL) and joint venture partner Hong Realty has decided to launch its new project Amber Park on Sunday 4 May 2019.
Amber Park is a brand new 592-unit freehold condominium project located along Amber Road. A significant feature of this condo is a large rooftop deck, known as the Stratosphere, dedicated for recreational activities. It consists of a 600 meters sky jogging track, gym, spa pool and many other facilities. This feature is the first of its kind for a condominium in Singapore.
Selling points of Amber Park includes being located close to the upcoming Tanjong Katong MRT station, served by the Thomson-East Coast Line. Good schools like Tao Nan, Tanjong Katong Girls’ and CHIJ (Katong) Primary are within the 2km radius.
According to Mr Chia Ngiang Hong, CDL’s group general manager, Amber Park has received positive feedback from browsers when the sales gallery opened for viewing on April 27. He mentioned that most of the interested parties are fans of the East Coast area. The general consensus was that buyers know it is hard to find another freehold project that is as expansive as Amber Park and be close to an MRT station in District 15. He expects good take-up rates.
Nicholas Mak, head of ZACD research and consultancy is of the opinion that the project commands a premium because of several advantages such as prime location with sea views, easy access to the city, freehold tenure and branded developer.
Source: The Straits Times
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