{"id":106873,"date":"2019-05-06T11:07:24","date_gmt":"2019-05-06T04:07:24","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/amber-park-sells-115-units-at-2425-psf\/"},"modified":"2019-05-06T11:09:49","modified_gmt":"2019-05-06T04:09:49","slug":"amber-park-sells-115-units-at-2425-psf","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/amber-park-sells-115-units-at-2425-psf\/","title":{"rendered":"Amber Park Sells 115 Units At $2,425 psf"},"content":{"rendered":"


\nCDL described the take-up as \u201cthe strongest launch weekend sales for a freehold project this year\u201d.
\nAmber Park \u2013 City Developments Limited (CDL) and Hong Realty\u2019s joint residential project in East Coast \u2013 moved 115 units or 77 percent of the 150 units released during its launch over the weekend.
\nThe units were sold at an early bird average price of $2,425 per sq ft (psf).
\nCDL described the take-up as \u201cthe strongest launch weekend sales for a freehold project this year\u201d.
\nSEE ALSO:\u00a0The Complete Guide To Buying A New Launch Condo In Singapore
\nThis comes as the sold units, which covered all apartment types and included a penthouse, had a total sales value of more than $240 million.
\nCDL revealed that Singaporeans accounted for 85 percent of the buyers, while the rest were foreigners mostly coming from China, Indonesia, Malaysia, India and others.
\nEarly bird prices ranged from $1.088 million for a one-bedroom plus study unit to $4.98 million for a five-bedroom premium.
\nSEE ALSO:\u00a0What You Need To Know About Additional Buyer\u2019s Stamp Duty
\n\u201cSales for this project are off to a good start, indicating healthy demand for well-located projects that are exceptionally designed.\u00a0 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,\u201d said CDL group general manager Chia Ngiang Hong.
\nSlated 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\u2019 School and CHIJ (Katong) Primary.
\nThe 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.
\nWith 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\u00a0AreaInsider guide.
\nFiona Ho, Digital Content Manager at PropertyGuru, edited this story. To contact her about this or other stories, email\u00a0fiona@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Amber Park Sells 115 Units At ,425 psf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

CDL described the take-up as \u201cthe strongest launch weekend sales for a freehold project this...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-106873","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rNL","jetpack-related-posts":[{"id":112360,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cdls-q3-profit-dragged-down-by-impairment-losses\/","url_meta":{"origin":106873,"position":0},"title":"CDL\u2019s Q3 profit dragged down by impairment losses","date":"November 14, 2019","format":false,"excerpt":"\r However, the group saw healthy residential sales in Singapore,\u00a0with total sales amounting to $2.56 billion. City Developments Limited\u2019s (CDL) profit after tax and minority interest (PATMI) fell 33.7% in the third quarter of 2019 to $115 million, on the back of impairment losses from two hotels and transactions costs\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63408,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cdl-to-benefit-from-property-upcycle-calls-for-review-of-qc-policy\/","url_meta":{"origin":106873,"position":1},"title":"CDL to benefit from property upcycle, calls for review of QC policy","date":"August 11, 2017","format":false,"excerpt":"\r CDL\u2019s Kwek said the property market appears to be getting stronger, but warned of dangers such as an upward spiral in land costs and housing prices. Property giant City Developments Limited (CDL) said it is well-poised to benefit from the property upcycle after several years of subdued market conditions\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22622,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cdl-reports-better-than-expected-quarterly-results\/","url_meta":{"origin":106873,"position":2},"title":"CDL reports better-than-expected quarterly results","date":"August 11, 2016","format":false,"excerpt":"\r Artist\u2019s impression of the Jewel@Buangkok development. Source: CDL Singapore-based City Developments Limited (CDL) announced on Thursday (11 August) a resilient set of financial results for the second quarter of 2016, bucking the trend of many peers who have registered declining profits and revenues due to tough macroeconomic challenges here\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":77626,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-futura-condo-sells-18-units-at-average-price-of-3200-psf\/","url_meta":{"origin":106873,"position":3},"title":"New Futura condo sells 18 units at average price of $3,200 psf","date":"January 22, 2018","format":false,"excerpt":"\r 18 of the 25 units released for sale were sold at an average price of $3,200 psf. New Futura, City Development Limited\u2019s (CDL) luxury condominium project at Leonie Hill Road, received positive response from buyers, with 18 units sold at an average price of $3,200 psf during its first\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104373,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cdl-wants-govt-to-help-sentosa-property-market\/","url_meta":{"origin":106873,"position":4},"title":"CDL wants govt to help Sentosa property market","date":"February 25, 2019","format":false,"excerpt":"\r The developer is urging the Singapore government to transform the island resort into a vibrant tourist hotspot like Indonesia\u2019s Bali.\u00a0 Amidst the weak luxury housing market in Sentosa, City Developments Limited (CDL) is urging the Singapore government to transform the island into a vibrant tourist hotspot like Indonesia\u2019s Bali,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123364,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/canninghill-piers-sells-77-of-its-units-over-launch-weekend\/","url_meta":{"origin":106873,"position":5},"title":"CanningHill Piers sells 77% of its units over launch weekend","date":"November 22, 2021","format":false,"excerpt":"\r CanningHill Piers sells 77% of its units over launch weekend538 out of 696 CanningHill Piers units were sold over its launch weekend on 20 to 21 Nov 2021, including its $48 million penthouse. Source: CDL CanningHill Piers along River Valley Road sold 538 units, or 77% of its 696\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/11\/2021-press-release-canninghill-piers-day-main-1-1.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106873"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=106873"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106873\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=106873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=106873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=106873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}