Amber 45 hits new high of $2,716 psf

/ EdgeProp Singapore |
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SINGAPORE (EDGEPROP) - Among the condos that hit a new high in terms of psf prices during the period of May 5 to 12, Amber 45 topped the list after a two-bedroom unit measuring 700 sq ft on the 10th floor was sold for $1.9 million ($2,716 psf) on May 9. This comes just two weeks after the previous record of $2,610 psf was set on April 24 following the sale of a 1,130 sq ft unit for $2.95 million. This is the first time a unit at Amber 45 has transacted above the $2,700 psf threshold.
Amber 45 - EDGEPROP SINGAPORE
Amber 45 reached a new psf-price high after a 700 sq ft unit sold for $1.9 million ($2,716 psf) on May 9 (Picture: UOL Group)
Amber 45 is a 139-unit freehold development on Amber Road in District 15. Developed by UOL Group, the project was completed in 2021, with units fully sold before completion. The 21-storey residential tower features a mix of two to four-bedroom apartments. Unit sizes start from 614 sq ft for a two-bedder, 1,130 sq ft for a three-bedder and 1,346 sq ft for a four-bedder. There are also 20 four-bedroom premium apartments measuring up to 1,798 sq ft, each with a private lift lobby.
Amenities near Amber 45 include malls like Parkway Parade on Marine Parade Road and I12 Katong on East Coast Road, all within walking distance. The upcoming Marine Parade MRT Station on the Thomson-East Coast Line is a 10-minute walk away.
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The condo has seen four other units change hands this year, based on caveats lodged as of May 23. Units sold range between 614 sq ft and 1,345 sq ft, with prices from $1.64 million to $3.38 million on an absolute basis or from $2,518 to $2,676 on a psf-price basis.
The Sea View - EDGEPROP SINGAPORE
The Sea View saw a new high after a 1,410 sq ft unit fetched $3.5 million ($2,482 psf) on May 8 (Picture: Samuel Isaac Chua/The Edge Singapore)
The Sea View, a freehold condo near Amber 45, also hit a new psf-price during the week in review. A three-bedder on the 15th floor measuring 1,410 sq ft fetched $3.5 million or $2,482 psf on May 8. In addition, a four-bedder at The Sea View measuring 1,518 sq ft on the 14th floor was sold for $3.55 million ($2,339 psf) on May 9. This is the second-highest transaction recorded at The Sea View on a psf-price basis after the May 8 transaction.
The 546-unit development by Wharf Estates Singapore (the former Wheelock Properties) is located at Amber Road. Completed in 2008, it features six 22-storey blocks. Residences comprise one-bedders from 527 sq ft sq ft, three-bedders from 1,216 sq ft, four-bedders from 1,518 sq ft, and penthouse units from 2,196 sq ft.
Robertson Blue is the third condo to reach a new psf-price during the period in review, following the sale of a 1,862 sq ft unit for $4.5 million ($2,417 psf) on May 12. It surpasses the previous high established at the development in May 2022, after a 1,238 sq ft unit on the fifth floor changed hands for $2.8 million ($2,262 psf).
This is the first resale transaction recorded at Robertson Blue this year. The most recent transaction before this was the sale of a 1,238 sq ft unit for $2.7 million ($2,181 psf) in November 2022.
Robertson Blue - EDGEPROP SINGAPORE
A 1,862 sq ft unit at Robertson Blue changed hands for $4.5 million on May 12, setting a new high of $2,417 psf (Picture: Samuel Isaac Chua/The Edge Singapore)
Robertson Blue is a freehold condo along Robertson Quay in District 9 developed by Singapore-listed Hotel Properties, which is also behind projects like D’Leedon on Leedon Heights, The Interlace on Depot Road and Cuscaden Residences on Cuscaden Road. Robertson Blue was completed in 2006. The 10-storey tower houses two- and three-bedroom apartments between 1,238 sq ft to 2,400 sq ft. It is within walking distance of several amenities, including eateries in the Robertson Quay and Clarke Quay, malls like UE Square on Clemenceau Avenue, and Fort Canning MRT Station on the Downtown Line. No new psf-price lows were recorded during the period in review.
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