{"id":91370,"date":"2018-06-14T10:52:12","date_gmt":"2018-06-14T03:52:12","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/uol-to-launch-new-condo-after-good-sales-at-amber45\/"},"modified":"2018-06-14T11:03:10","modified_gmt":"2018-06-14T04:03:10","slug":"uol-to-launch-new-condo-after-good-sales-at-amber45","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uol-to-launch-new-condo-after-good-sales-at-amber45\/","title":{"rendered":"UOL to launch new condo after good sales at Amber45"},"content":{"rendered":"


\nArtist\u2019s impression of The Tre Ver, an upcoming condominium project in Potong Pasir. (Photo: UOL Group)
\nUOL Group\u2019s freehold Amber45 condominium in District 15 continues to draw buyers, with about 65 percent of the 139 units already sold, up from 55 to 60 percent during the launch in mid-May, according to brokerage CGS-CIMB.
\n\u201cMost sought-after are the two-bedroom units which range from 614 to 872 sq ft. The three-bedroom units range from 1,130 to1,324 sq ft, while the largest configurations are the four-bedroom units with 1,346 to 1,798 sq ft,\u201d it said.
\nMore: 80% Of Units Released At Amber45 Sold At Average Of $2,200 Psf
\nBuyers were mostly Singaporeans, with prices averaging at around $2,200 psf.
\n\u201cDesigned by ADDP Architect, Amber45 is impressive with high-quality finishings and well-thought and efficient layout, in our view,\u201d noted CGS-CIMB.
\nFollowing Amber45\u2019s healthy take-up rate, UOL plans to launch another project known as The Tre Ver in the third quarter at an estimated average selling price of $1,400 psf.
\nThe 99-year leasehold project is located on the former Raintree Gardens HUDC site in Potong Pasir, which was built in the 1980s and subsequently sold via collective sale in 2016 to UOL Group and United Industrial Corporation for $334.2 million ($797 psf ppr).
\nThe 201,405 sq ft site has a gross plot ratio of 2.8 and could yield some 729 units.
\nBoth developments are expected to be completed by 2021.
\nHome buyers looking for\u00a0Singapore Properties\u00a0may like to visit our\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…UOL to launch new condo after good sales at Amber45<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Artist\u2019s impression of The Tre Ver, an upcoming condominium project in Potong Pasir. (Photo: UOL...<\/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-91370","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-nLI","jetpack-related-posts":[{"id":88067,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/80-of-units-released-at-amber45-sold-at-average-of-2200-psf\/","url_meta":{"origin":91370,"position":0},"title":"80% of units released at Amber45 sold at average of $2,200 psf","date":"May 14, 2018","format":false,"excerpt":"\r Artist\u2019s impression of the Amber 45 condominium at Amber Road. (Photo: UOL Group) UOL Group\u2019s Amber45 condominium at Amber Road was well-received by buyers, selling 80 percent or 80 of the 100 units released at an average price of about $2,200 psf at its launch last weekend (12-13 May).\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102504,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uol-group-wins-best-luxury-condo-interior-design-with-timeless-amber45\/","url_meta":{"origin":91370,"position":1},"title":"UOL Group Wins Best Luxury Condo Interior Design With Timeless Amber45","date":"December 24, 2018","format":false,"excerpt":"\r Anthony Wong,\u00a0UOL\u2019s General Manager (Marketing), collecting the Award at the recent gala dinner. Contributor Feature By Nadia Willan Glamorous sophistication and understated luxury underpin the rich depth of the interiors at Amber45, the latest residential development by the innovative UOL Group Limited which was established around 55 years ago.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93351,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uol-groups-gwee-lian-kheng-to-retire-as-ceo\/","url_meta":{"origin":91370,"position":2},"title":"UOL Group\u2019s Gwee Lian Kheng to retire as CEO","date":"July 7, 2018","format":false,"excerpt":"\r UOL Group\u2019s total assets have grown to about $20 billion as at 31 March.\u00a0 UOL Group\u2019s board of directors is on the lookout for a new group chief executive as its current chief Gwee Lian Kheng is set to retire on 31 January 2019, after 45 years of service.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104451,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uol-group-to-launch-two-condo-projects-in-second-quarter\/","url_meta":{"origin":91370,"position":3},"title":"UOL Group to launch two condo projects in second quarter","date":"February 27, 2019","format":false,"excerpt":"\r The upcoming Avenue South Residence near the 24km-long Rail Corridor is touted as one of Singapore\u2019s tallest condominiums. Developer UOL Group is preparing to launch two residential projects in Singapore during the second quarter of 2019, according to an SGX filing on Tuesday (26 Feb). One of them is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112328,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uol-net-profit-down-7-in-q3\/","url_meta":{"origin":91370,"position":4},"title":"UOL net profit down 7% in Q3","date":"November 13, 2019","format":false,"excerpt":"\r The drop in revenue was partially offset by higher progressive recognition of revenue from The Tre Ver and Amber45, as well as higher sales from the group\u2019s management services and technology segment. Photo: UOL UOL Group saw its net profit for the third quarter ended 30 September 2019 drop\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43595,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-highly-anticipated-condos-to-launch-in-coming-weeks\/","url_meta":{"origin":91370,"position":5},"title":"Two highly anticipated condos to launch in coming weeks","date":"February 10, 2017","format":false,"excerpt":"\r Artist\u2019s impression of Grandeur Park Residences, a new condominium in the east. Source: CEL Development\u00a0 Following the Chinese New Year lull period, developers are gearing up to launch two private residential projects in Singapore. One of them is The Clement Canopy, the first condominium to be launched this year,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/91370"}],"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=91370"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/91370\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=91370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=91370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=91370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}