One of Singapore most trusted developer has made it into the headlines again with its latest launch in the heart of district 15. This plot of land at 213,677 sqft is one of the most significant plot of land ever to be released in district 15 for the past ten years. It has attracted many buyers to the show flat located at LOCATION MAP, and even managed to sell 115 of 150 units at an average price of $2,425 psf.
While there are market watchers who think that the entry price to Amber Park is on the high side, the buying sentiment within the development seems to speak otherwise. In fact, Amber Park is the second most desirable development in the whole of district 15 at the moment, according to URA statistics.
Statistics from the URA have also shown and proven that developments in district 15 with the right land size, developer track record, and landscaping have performed well. Aspiring owners who have bought their properties during launch have seen up to a 200% increase in price, as the desirability of the development within the district stands strong from pre-launch to the resale stage.
Hence, for buyers looking to own an asset which will give them the flexibility to stay, or for capital appreciation will find themselves very glad with their decision to enter into a development where the developer have more than 40 years of track record, and sitting on a winning plot of land with a sea view.
Source: The Straits Time
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