Dec 2009 Issue: Single owner releases 20 units at one go
It has been rumored that an Indonesian investor is intending to sell 20 units at One Amber for a total of SG $30 million. The units range from studio to 4 bedrooms units. It is known that he also owns another 60 units in various other developments like Central@Soho, City Square and Ardmore Pak.
One Amber is a 562-unit freehold condominium, located in District 15 within the East Coast area, and is expected to receive its TOP in 2010. It consists of four 23-storey towers, with each unit enjoying either a view of the city skyline, the sea or the Marina Bay. In addition, residents will be able to enjoy full condominium facilities.
One Amber was launched in March 2006 at an average price of $740psf. The average selling price as of Q4 2009 is at $1,100psf, about 32% above Q1 2009.




