Amber Park

Last Updated: 26th October 2020

  • 26-10-2020: Register Interest to view Amber Park showflat and get Direct Developer Price & VVIP Discounts.
  • 26-10-2020: 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.
Project Information
Project NameAmber Park
Location16, 18 & 18A Amber Garden, Singapore
DistrictD15
Site Area213,676 sq ft / 19,851 sqm
Site UseResidential Flat Developement
TenureFreehold
No. of Units592
No. of Blocks3 blocks
No. of Storeys21 storeys
No. of Carpark Lots597 basement cappark lots (inc. 5 handicapped)
DeveloperAquarius Properties Pte Ltd (A joint venture between CDL’s wholly owned subsidiary Cityzens Development and Hong Realty )
ArchitectSCDA
Payment SchemeNormal Progressive
Expected Date of TOPEst. Q32023
Amber Park Perspective

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

$1.096M

114 UNITS

460 – 570 sq ft / 43 – 53 sqm

2 BEDROOM

$1.628M

82 UNITS

710 – 860 sq ft / 66 – 80 sqm

2 BEDROOM + STUDY

$1.608M

120 UNITS

680 – 910 sq ft / 63 – 85 sqm

3 BEDROOM

$2.15M

101 UNITS

960 – 1290 sq ft / 89 – 120 sqm

4 BEDROOM

$3.438M

74 UNITS

1580 – 1860 sq ft / 147 – 173 sqm

4 BEDROOM + STUDY

$2.99M

57 UNITS

1320 sq ft / 122 sqm

5 BEDROOM

$4.968M

40 UNITS

2130 – 2400 sq ft / 198 – 223csqm

PENTHOUSE

$POA

4 UNITS

4450 – 5100 sq ft / 413 – 474 sqm

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

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%
ABSD

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%
Housing Loan Information

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%
Normal Payment Scheme

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

What's Nearby?
CatergoryAmenitesApprox Distance
MRT StationTanjong Katong MRT (TS25)0.26km
Marine Parade MRT (TS26)0.76km
DAKOTA MRT (CC8)1.50km
ExpresswayECP1.00km
ParksEast Coast Park0.30km
Bus StopsAmber Garden (92241) Services: 31, 36, 43, 48, 76, 135,0.23km
196, 197, 401, 853c0.23km
One Amber (92099) Services: 10, 12, 14, 32, 36, 40, 48, 1960.24km
SchoolsTanjong Katong Primary School0.56km
CHIJ (Katong) Primary School1.44km
Chung Cheng High School (main)1.13km
Dunman High School1.82km
Shopping MallsKatong Shopping Centre0.43km
Parkway Parade0.65km
112 Katong0.82km

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

amberpark site plan
amberpark-siteview

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.

How to read Floor Plan

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

amberpark-floor-plan-symbols

Amber Park Showflat

Direct-Developer-Sale

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-check

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.

Register Interest @Amber Park & Get VVIP Discount

Register Interest

Step 1 of 2

50%
  • Select your most preferred bedroom size. You can always change your preference later.
error: Content is protected !!