Register now and get the best possible deals from the developers. If you are affected by the new cooling measures and want to take advantage on them to stay invested, or lock in your profits, let us know your concern and we are glad to assist you.

Click Here To Minimize / Maximize

4 Land Sites sold for
New Upcoming Condo re-developments

En-Blocs of
- Amber Park, - Parkway Mansions
- Nanak Mansions and
a land at 12, Amber Road, The Nyon

Short walking distance to
Upcoming 
Tanjong Katong MRT Station,
Thomson East-Coast Line

Please Register Here for
More Information and Updates!

PROJECT DETAILS

 
 

Four land parcel sites which are all walking distance to the upcoming Tanjong Katong MRT Station serving the Thomson East-Coast Line (TEL), located at the Eastern Region of Singapore, were sold for New and Upcoming Condo developments in the 3rd quarter of 2017, through collective sales.

 

The four former sites namely,
- Amber Park, (New Launch- Retaining the name of Amber Park  )
- Parkway Mansions
- Nanak Mansions and
- an empty land site at 12, Amber Road (New Launch-  The Nyon )
are
 located in the vicinity of Amber Gardens are allocated to be developed into private residential condominiums.


CDL Developments submittted the top bid of S$906.7 million for the site of Amber Park, which has a large land site of more than 200,000 square feet. This translates to a price of S$1,515 per square foot per plot ratio, inclusive of development charges.


Sustained Land led conortium submitted the top bid of S$146.99 million for the site of Parkway Mansion, which translates to S$1,536 per square feet per plot ratio, inclusive of development charges.


UOL submitted the top bid of S$201.08 million for the site of Nanak Mansions, which translates to a price of S$1,429 per square per plot ratio, inclusive of development charges.

 

New Condo Launches in Amber Road and Meyer Road- Connectivity
Residents of new and upcoming condos in Amber Road can be served by the Tanjong Katong MRT Station (Thomson East-Coast Line) which will start operating in 2023. 
 As of now, the current nearest Datoka Circle Line MRT station is just a short drive away from new condos at Amber Road. Located in the prime location, a 5 minutes’ drive will get future residents of new condos at Amber Road to the downtown Financial District and Marina Bay New Downtown. New Condo at Amber Gardens residents can also take an 6 minutes’ drive down to the Orchard Shopping Belt for a weekend shopping spree. The nearby East Coast Parkway (ECP), Kallang Paya Lebar Expressway (KPE) and the Pan Island Expressway (PIE) makes island wide traveling a breeze.

 

New Condo Launches in Amber Road and Meyer Road- Amenities
For accessing to dining, shopping and entertainment facilities, future residents of new condos at Amber Road can take a 5 minutes’ drive down to Katong Shopping Centre, The Odeon Katong, Paramount Shopping Complex, Roxy Square, Parkway Parade, 112 Katong and Leisure Park Kallang where useful amenities such as food courts, supermarkets, retail outlets, F&B outlets and departmental stores are located which will bring everyday conveniences in terms of their daily shopping and dining needs.


New Condo Launches in Amber Road and Meyer Road- Education
Local school such as Tanjong Katong Primary School, Kong Hwa School, Chung Cheng High School (Main), Dunman High School, Northlight School, Tanjong Katong Girls’ School, Broadrick Secondary School and Tanjong Katong Secondary School are also located within short distance from new condos at Amber Road.


For Pleasure of Ownership,
Please Register HERE and
we will contact you soonest!

Register with Us to
Get 
VVIP and
Early Birds Discounts
 
Are you idling
Your Cash and CPF
without realising
what a great impact
inflation has on
Your money you work and
save everyday?
Interest rates are
on the rise.

Are you affected by ABSD
and LTV Loan?
And would like to
take advantage on the
cooling measures to have
highest possible returns
and lock in your profits?
  
Leverage on your assets
and banks to Grow
Your Dollars over time
Register HERE to have More Options



 
 
Project  New Condo at Amber Gardens at former site of Amber Park
Developer  CDL Developments
Location  Amber Gardens
District  15
Tenure  Freehold
Site Area  19,850 square metres/ 213,670 square feet
GFA:
Plot Ratio  2.8
Expected TOP:
Total Units  Approximately 800 residential apartments
Total Carpark
Development  Private condominium comprising of communal facilities
Unit Type:
Architect
Eligibility SC, SPR and Foreigners can buy
 
Project  New Condo at former site of Parkway Mansion
Developer  Sustained Land Consortium
Location  9 Amber Road
District  15
Tenure  Freehold
Site Area   3,620 square metres/ 38,965 square feet
GFA:  10,138.5 square metres/ 109,130 square feet
Plot Ratio  2.8
Expected TOP:
Total Units  Approximatley residential apartments
Total Carpark
Development  Condo comprising of communal facilities
Unit Type:
Architect
Eligibility SC/ SC, SC/SPR and Foreigner can buy
 
Project  New Condo at Meyer Road at former site of Nanak Mansions
Developer  UOL
Location  Meyer Road
District  15
Tenure  Freehold
Site Area  10,185 square metres/ 109,631 square feet
GFA:
Plot Ratio  1.4
Expected TOP:
Total Units  Approximately 203 residential apartments
Total Carpark
Development  Private condominium comprising of communal facilities
Unit Type:
Architect
Eligibility SC, SPR and Foreigners can buy
 

LOCATION and AMENITIES

Amenities Nearby Amber Road

Category Important Amenities in the vicinity of Amber Road Approximate Distance
Train Stations Dakota (CC8)
Tanjong Katong (TE25) Thomson East Coast Line Due 2023
Katong Park (TE24) Thomson East Coast Line Due 2023
km
km
km
Bus Stop CP B1 (Bus: 401) km
Supermarkets Fairprice (Esso Mountbatten)
Cold Storage (Parkway Parade)
Giant (82 Marine Parade Central)
Sheng Siong (301 Geylang Road)
km
km
km
km
Shopping Malls Katong Shopping Centre
The Odeon Katong
Paramount Shopping Complex
Roxy Square
Parkway Parade
I12 Katong
Leisure Park Kallang
km
km
km
km
km
km
km
Education Institutions Preschool
Montessori For Children (Broadrick Campus)
Schoolhouse By The Bay
PCF Mountbatten Blk 14
PCF Mountbatten Blk 51
Saint Hilda’s Church Kindergarten
Kinderland Preschool (Marine Parade)
Tung Ling Kindergarten
White Lodge Kindergarten (East Coast)
Holy Family Kindergarten
Chen Li Kindergarten
km
km
km
km
km
km
km
km
km
km
Primary
Tanjong Katong Primary School
Kong Hwa School
km
km
Secondary
Chung Cheng High School (Main)
Dunman High School
Northlight School
Tanjong Katong Girls’ School
Broadrick Secondary School
Tanjong Katong Secondary School
km
km
km
km
km
km
Junior College
Dunman High School km
Tertiary
Singapore Management University km
International
Canadian International School (Tanjong Katong Campus)
Chatsworth International School (East Campus)
km
km
Food Centre Jalan Batu Block 4A Market & Food Centre
Old Airport Road Block 51 Market & Food Centre
Kallang Estate Fresh Market & Food Centre
84 Marine Parade Central Market & Food Centre
Dunman Food Centre
km
km
km
km
km
Lifestyle East Coast Park
Chinese Swimming Club
Singapore Swimming Club
The Eurasian Association
Kallang Cricket Ground
Kallang Netball Centre
Kallang Squash & Tennis Centre
km
km
km
km
km
km
km

AVAILABLE UNITS/ SOLD/ CHEAPEST PRICES PSF

Please Register with Us 

for your Floor Plans and Pricing Here when available!!

CDL WON TOP BID FOR CONDO SITE OF FORMER AMBER PARK, EN-BLOC SALES, SHORT DISTANCE TO TANJONG KATONG MRT STATION

1) SINGAPORE - Amber Park, a 200-unit development in Amber Gardens, has been sold in Singapore's latest collective sale to two units linked to City Developments (CDL) for S$906.7 million.

This makes it a record amount garnered in a freehold collective sale in Singapore to date, said marketing agent JLL.

The winning bid also smashes the asking price of S$768 million.

The units involved in the sale were CDL's wholly-owned subsidiary Cityzens Development, and joint-venture partner Hong Realty. Hong Realty is the private real estate arm of the Hong Leong Group, and holds a 20 per cent stake in the project.

Under the 2014 Master Plan, the 213,670 sq ft Amber Park site is zoned for residential use, with a gross plot ratio of 2.8. It may be redeveloped to accommodate a high-rise apartment development of around 24 to 26 storeys, depending on the technical height controls imposed by the relevant authorities.

Mr Tan Hong Boon, regional director at JLL, said in a statement on Wednesday (Oct 4) that the tender was "keenly contested" and attracted eight bids.

The successful sale price of S$906.7 million reflects a land rate of about S$1,515 per sq ft per plot ratio, based on the allowable gross plot ratio of 2.8. Development charges are not payable for the proposed redevelopment.

"There are not many sites of similar size that are available for redevelopment in the Amber Gardens location, as most of the larger projects have been sold en bloc and redeveloped over the years. Amber Park could possibly be one of the last collective sale sites with a land area above 200,000 sqft in this precinct," noted Mr Tan.

"At this sale price, the owners would expect to receive gross sale proceeds of between S$4.3 million and S$8.3 million each."

CDL and Hong Realty plan to redevelop the site into a luxury condominium development comprising four 25-storey blocks with close to 800 units and a basement carpark, subject to approval. Most apartments will have a North-South facing orientation, with many units commanding sea views.

"CDL was the original developer for Amber Park in the 1980s and we are honoured to be able to redevelop the site into yet another iconic landmark. In addition to its strong locational attributes, a distinct advantage of this site in Amber Gardens is its freehold status, something that is increasingly rare in Singapore," said Mr Kwek.  New Launch-    New Amber Park

Source: Straits Times 4th October 2017

CONSORTIUM SUSTAINED LAND WON TOP BID FOR FORMER CONDO SITE IN PARKWAY MANSION FOR REDEVELOPMENT

2) After two failed attempts at a collective sale, Parkway Mansion has finally been sold to a consortium led by Sustained Land Pte Ltd for $146.99 million.

Colliers International revealed that the sale price was 6.5 percent higher than the owners’ guide price of $138 million during the tender launched on 16 November.

The sale price and development charge of around $120 million works out to a land rate of $1,536 psf per plot ratio (ppr).

The land rate for the prime freehold development at 9 Amber Road far surpassed prices achieved in recent collective sales within the area – The Albracca (S$1,409 psf ppr), Nanak Mansions (S$1,429 psf ppr) in Meyer Road and Amber Park (S$1,515 psf ppr).

Situated just 100 metres from the upcoming Tanjong Katong MRT station at the Thomson-East Coast Line, Parkway Mansion is a 17-storey development with apartment units measuring between 169 sq m and 181 sq m.

Upon completion of the sale, each owner will stand to gain between $4.5 million and $4.7 million in gross proceeds depending on the size of their units.

The 3,620.9 sq m site is zoned for residential use with a gross plot ratio of 2.8 under the 214 Master Plan. It has a potential total gross floor area of 10,138.5 sq m.

The site could yield 130 residential units with an average size of 800 sq ft, subject to Urban Redevelopment Authority’s approval.

“Potential selling price of units at the future development could range from S$2,550 psf to S$2,600 psf. The site is not subject to the Pre-Application Feasibility Study,” said Colliers.

Source: Property Guru

UOL GROUP WON TOP BID FOR LAND PARCEL AT NANAK MANSIONS ALONG MEYER ROAD THROUGH COLLECTIVE SALES

3) UOL has announced its third land acquisition since 2016 with the en-bloc purchase of Nanak Mansions on Meyer Road for S$201m (S$1,429 psf ppr including estimated development charge). The acquisition was made via a 50:50 joint venture with Kheng Leong.

The price is only marginally above (1.3%) the price for The Albraca (first en-bloc sale at Meyer Road) and only S$1m more than the reported asking price. The relatively smaller freehold land site could potentially accommodate close to 204 new units. The estimated breakeven price is close to S$2,000psf, which is above the recent average transacted prices at Meyer Road of S$1,600psf to S$1,700psf.

Nanak Mansions, located at 92-128 Meyer Road, occupies an area of about 10,185 square metres. The freehold site, with a gross plot ratio of 1.4 based on 2014 Master Plan, is earmarked for residential development.

The bid from UOL's associate, Secure Venture Development (No.1) Pte Ltd, was accepted on Thursday by all the subsidiary proprietors of the units in the development.

Secure Venture Development (No.1) is a 50:50 joint-venture (JV) company between UOL Venture Investments Pte Ltd and Kheng Leong Co (Pte) Ltd.

The JV company will re-develop the freehold site acquired and also acquire a private road of about 910 square metres next to the property, if the subsidiary proprietors of Nanak Mansions and their associates exercise a put option.

CONTACT US

You are only one-step away from owning a unit in New Condo in Amber Road

Thank you for Your interest in New Condo at Amber Road

Be among the first to view and book New Condo at Amber Road, a new life-style living condominium at East Coast Parkway, at the lowest pre-launch price

Enjoy attractive prices before the official public launch. Be the first to secure your choice unit

  • Latest updates on the development
  • Priority unit choice and selection
  • Enjoy early-bird VVIP Discounts
  • Direct Developer price
  • No Commission payable

Register for a copy of New Condo at Amber Road Floor plans, E-Brochure, Pricing and Latest Updates when available!

vvip-preview

What is 3 + 2 :