Amber 45 – Diagonally opposite amber gardens, was once a piece of land being used by a homegrown landscape gardening and floral nursery business including horticulture management. Ban Nee Chen Pte Ltd, a well-known company already in operation for the past 3 decades in the local marketplace will in no time make way for a brand-new contemporary and high end private residential development.
This plot of freehold land was initially kept aside by a local builder Sin Lai Huat Co. and UOL Group Limited quietly snapped up the site via a private treaty sale agreement back in Jan 2017. Way ahead before the current en-bloc fever rages on and at a purchase price of $156 million or else the base price would have gone up significantly thus affecting the future selling price point.
If you are not familiar about the location of this brand-new condominium, it is situated ideally in between The SeaView condominium and The Shore residence (right in front of katong shopping center). A fairly petite and palatable piece of property at about the size of Mercedes-Benz showroom, a 70000 square feet development.
Amber 45 Singapore, having an existing 2.1 plot ratio based on Urban Redevelopment Authority’s 2014 Master Plan (URA), UOL Group will be developing it into a solo tower of super swanky and extravagance looking façade among the ordinary neighbours. Superbly conceptualized by ADDP architects, an award-winning top architect firm in Singapore, it will be housing about 139 private abodes in a twenty-one storey tall premises including amenities and services such as lap pool, fitness center and a green tennis court.
In addition to that, top programmer will be engaged and to incorporate an intelligent living atmosphere for all the families here by introducing the most recent advanced technological products into the super high-end project.
Nevertheless, you will most probably be in tears should you’re looking forward to buying a smaller sized apartment layout in this condominium for long term investment simply because there isn’t any kind of 1-bedroom unit within this development at all.
They will be releasing from 2-bedroom configurations rather as a solitary 1-bedroom, because it is no longer in the craze and demand from our local real estate scene. Most of the buyers were not proud of their prized possession when they are holding on to their very small home size property.
However, the area in amber road is already a champion itself by default, an extremely sought-after housing district in the eastern part of the island. A private residential neighbourhood with the Marine Parade planning area, a prime district 15 address. It was initially situated next to the coastline, but the government have executed a reclamation work and it was carried out from the current east coast park to make up for the shortage of land in the 1960s.
Katong, a place with many Peranakans was also the favoured area of many humongous villas and giant mansions belonging to the high net worth families in the late 19th century.
If you have been dreaming of owning a piece of prize property in this exclusive area and also be a part of this rich culture history, this will be your best chance now when amber 45 condo is underway to completion sooner than other projects around the vicinity.