Amber Park
Last Updated: 19th September 2020
- 19-09-2020: Register Interest to view Amber Park showflat and get Direct Developer Price & VVIP Discounts.
- 19-09-2020: Contact us to get the updated Amber Park price and floor plan.
- 18-02-2019: Amber Park Freehold condo is targeted to launch in April 2019. Contact Us for the latest information and showflat opening details!
- 18-02-2019: Find out the updated Unit mix & Sizes.
- 03-02-2019: Location map and nearby amenities are updated.
- 02-02-2019: Welcome to the Amber Park Condominium website.
FEATURED PROJECTS
| Project Name | Amber Park |
| Location | 16, 18 & 18A Amber Garden, Singapore |
| District | D15 |
| Site Area | 213,676 sq ft / 19,851 sqm |
| Site Use | Residential Flat Developement |
| Tenure | Freehold |
| No. of Units | 592 |
| No. of Blocks | 3 blocks |
| No. of Storeys | 21 storeys |
| No. of Carpark Lots | 597 basement cappark lots (inc. 5 handicapped) |
| Developer | Aquarius Properties Pte Ltd (A joint venture between CDL’s wholly owned subsidiary Cityzens Development and Hong Realty ) |
| Architect | SCDA |
| Payment Scheme | Normal Progressive |
| Expected Date of TOP | Est. Q32023 |
Amber Park Price
Register your interest to be notified once Amber Park Price becomes available!
*Information is subject to change without prior notice.
1 BEDROOM + STUDY
114 UNITS
460 – 570 sq ft / 43 – 53 sqm
2 BEDROOM
82 UNITS
710 – 860 sq ft / 66 – 80 sqm
2 BEDROOM + STUDY
120 UNITS
680 – 910 sq ft / 63 – 85 sqm
3 BEDROOM
101 UNITS
960 – 1290 sq ft / 89 – 120 sqm
4 BEDROOM
74 UNITS
1580 – 1860 sq ft / 147 – 173 sqm
4 BEDROOM + STUDY
57 UNITS
1320 sq ft / 122 sqm
5 BEDROOM
40 UNITS
2130 – 2400 sq ft / 198 – 223csqm
PENTHOUSE
4 UNITS
4450 – 5100 sq ft / 413 – 474 sqm
Calculators: Estimate Mortgage | Payment Plan | Rental Yield
Price Fact sheet & Guide
City Developments Ltd (CDL) through its wholly owned subsidiary Cityzens Development, and joint-venture partner Hong Realty acquired Amber Park for $906.7 million in 2017. Prior to en bloc, Amber Park is a 200 units freehold condominium in Katong. Amber Park sits on a 213,675 sq ft land with the plot ratio of 2.8. That gives allowable gross floor area of 598,290 sq ft. Price of Amber Park per sq ft (psf) per plot ratio is about $1,515.
The estimated breakeven price for is at about $2,200 psf. Amber Park selling price may range from around $2,600 psf to $2,700 psf.
CDL plans to redevelop Amber Park into a luxury condominium development comprising four 25-storey blocks with a basement carpark. Most apartments will have a north-south facing orientation with many units commanding sea views.
According to Mr Sherman Kwek, CDL CEO-designate, “This is one of our most significant investment deals in the Singapore residential market in recent years. 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.”
Read more at Amber Park sold for S$906.7m in record freehold en bloc sale.
Buyer’s Stamp Duty (BSD)
| Purchase Price or Market Value of the Property | BSD Rates for Residential Properties | BSD Rates for Non-Residential Properties |
|---|---|---|
| First $180,000 | 1% | 1% |
| Next $180,000 | 2% | 2% |
| Next $640,000 | 3% | 3% |
| Remaining Amount | 4% |
Additional Buyer’s Stamp Duty (ABSD)
| Nationality | 1st Property | 2nd Property | 3rd Property |
|---|---|---|---|
| Singapore Citizens | N.A. | 12% | 15% |
| Permanent Residents | 5% | 15% | 15% |
| Foreigners | 20% | 20% | 20% |
| Entities / Companies | 25% | 25% | 25% |
Residential Home Loan Regulations (MAS)
| First Loan | Second Loan | Third Loan | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Loan Tenure | Up to 30 years | 31-35 years | Up to 30 years | 31-35 years | Up to 30 years | 31-35 years | |||
| Age | Age used to calculate loan tenure, will be based on income-weighted | ||||||||
| Up to 65 | Up to 70-75 | Up to 70-75 | Up to 65 | Up to 70-75 | Up to 70-75 | Up to 65 | Up to 70-75 | Up to 70-75 | |
| Maximum LTV Limit | 75% | 55% | 55% | 45% | 25% | 25% | 35% | 15% | 15% |
| 20% (non-individuals) | |||||||||
| Minimum Cash Downpayment | 5% | 10% | 10% | 25% | 25% | 25% | 25% | 25% | 25% |
| Gaurantors / Co-borrowers | All Co-borrowers must be mortgagors. Guarantors must be co-borrowers if the latter did not pass the TDSR criteria |
||||||||
| Mortgage Servicing Ratio | N/A | ||||||||
| Total Debt Servicing Ratio | 60% | ||||||||
| Stress Test Interest Rate | 3.5% | ||||||||
Also known as Progressive Payment Scheme, allows you to service your loan via monthly instalments progressively stage by stage as the property is being built.
| Stage | Payment Under a Standard Payment Scheme (% of Purchase Price) |
|---|---|
| Upon the grant of Option to Purchase | 5% (Booking Fee) |
| Upon signing of the Sale & Purchase Agreement or within 8 weeks from the Option date | 20% less Booking Fee |
| Completion of foundation work | 10% |
| Completion of reinforced concrete framework of unit | 10% |
| Completion of partition walls of unit | 5% |
| Completion of roofing/ceiling of unit | 5% |
| Completion of door sub-frames/ door frames, window frames, electrical wiring, internal plastering and plumbing of unit | 5% |
| Completion of car park, roads and drains serving the housing project | 5% |
| Notice of Vacant Possession (TOP) | 25% |
| On Completion date | 15% |
Amber Park Location
Amber Park condominium is located in the established and well sought-after Katong and East Coast area that is in the beginning stages of transformation and gentrification; there is the upcoming Thomson-East Coast Line, and rejuvenation of East Coast Park. Healthy demand for Amber Park is expected, given its excellent locational attributes and rare freehold status.
The Amber Road area is an established private residential enclave that enjoys a strong following from both locals and expatriates alike, due to its proximity to the central business district, East Coast Park and the airport.
The area is known for its rich heritage and dining options. It is also near amenities such as Parkway Parade and 112 Katong shopping centres.
Amber Park is within 1km to Tanjong Katong Primary School and 2km to CHIJ (Katong) Primary, Haig Girls’ School, Kong Hwa School and Tao Nan School, which are popular primary schools.
When Tanjong Katong MRT is completed in 2023, residents of Amber Park will enjoy greater connectivity as the new MRT is just 200 meters away with 5 minutes’ walk. By driving, it takes a 15 minutes to the central business district (CBD) and Changi Airport by the East Coast Parkway expressway (ECP).
Amenities @Amber Park
| Catergory | Amenites | Approx Distance |
| MRT Station | Tanjong Katong MRT (TS25) | 0.26km |
| Marine Parade MRT (TS26) | 0.76km | |
| DAKOTA MRT (CC8) | 1.50km | |
| Expressway | ECP | 1.00km |
| Parks | East Coast Park | 0.30km |
| Bus Stops | Amber Garden (92241) Services: 31, 36, 43, 48, 76, 135, | 0.23km |
| 196, 197, 401, 853c | 0.23km | |
| One Amber (92099) Services: 10, 12, 14, 32, 36, 40, 48, 196 | 0.24km | |
| Schools | Tanjong Katong Primary School | 0.56km |
| CHIJ (Katong) Primary School | 1.44km | |
| Chung Cheng High School (main) | 1.13km | |
| Dunman High School | 1.82km | |
| Shopping Malls | Katong Shopping Centre | 0.43km |
| Parkway Parade | 0.65km | |
| 112 Katong | 0.82km |
Located at the city fringe, Marine Parade is a well developed and highly accessible residential area with a rich heritage. Residents can expect new and enhanced facilities, better transport connectivity and more opportunities to work near home.
Want to know how Marine Parade area is planned with the comprehensive range of facilities to meet the needs of current and future residents? Check out the Marine Parade URA Master Plan.
Amber Park Site Plan
Amber Park Floor Plan
The Amber Park condominium is designed to accommodate all your needs, a love nest for younger families or even multi-generational living. See below for the floor plans of the units available in Amber Park.
Is floor plan easy to understand? Whereas it is exciting to read floor plans, compare them and hopefully make the decision, sometimes it can be confusing due to the many unfamiliar symbols and different types of lines. Armed with some basic knowledge, you will be able to gain more information from floor plans.
Doors
When reading floor plan, it is easier to first visualise yourself at the main door. That helps you better understand how living room, kitchen, bedrooms are connected.
Doors are quarter-circles on the floor plan. The arc of the door symbol indicates if the door swings inwards or outwards.
Windows
Windows are marked with thin hollow lines. There are two types of windows in Singapore – the sliding window and the casement window. The difference is that casement windows usually come in pairs.
Walls
You can quickly notice these bold lines and normal lines by looking at its thickness from the floor plan.
- Bold lines are structual walls which cannot be hacked.
- Normal lines are non-structual walls which usually can be safely removed. Non-structural walls seperate one room from another.
* For development using prefabricated structure, walls are indicated as normal lines but they cannot be hacked. You need to check the brochure if it is prefabricated units before planning any renovation work.
Facing
It is important to know the facing of doors and windows. The facing of North is usually indicated at the corner of the floor plan and is easier to tell directions from the site plan.
Symbols of door and windows on the floor plan and Their Meanings
Amber Park Showflat
Location, Opening Hours
The location of Amber Park showflat is to be advised.
Kindly book an appointment here or call us at +65 6528 9588 before making your way down to view Amber Park Showflat as it may be closed at certain days/time.
Online registrants who have booked an appointment here will be able to receive Direct Developer Price and need not pay any commission. Please be informed that units for sale at Amber Park are on first come first serve basis.
Things to Take Note Before Visiting Amber Park Showflat
- It is advisable to check exactly how much CPF you are eligible for Amber Park purchase after setting aside the minimum sum.
- How are you affected by the TDSR & ABSD? You will need to know the bracket you are in. Find out more using the TDSR calculator.
- On the actual launch date, you will need to understand how the Balloting System works.
Alternatively, you may simply book an appointment by filling up the form below and let us contact you. Our experienced sales team is able to assist you throughout the process.
