Freehold condo Amber Park in District 15 notches fresh record high of $3,170 psf
New highs at Amber Park and The Shore Residences signal firm District 15 resale demand, potentially supporting price expectations at these and nearby projects.
Amber Park set a new record of $3,170 psf after a 1,109 sq ft three-bedroom unit sold for $3.52 million on Oct 6.
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Amber Park — a freehold condo in District 15 — ranked first among private non-landed residential developments setting new psf-price highs in the week of Sept 29 to Oct 6.
It posted a fresh record of $3,170 psf when a 1,109 sq ft three-bedder on the 19th floor fetched $3.52 million on Oct 6.
The sale edges out Amber Park’s previous price peak of $3,085 psf, set almost two years earlier from the sub-sale of a 463 sq ft one-bedder for $1.43 million in October 2023.
Read also: New record high of $3,617 psf set at luxury condo Ardmore II
Located along Amber Gardens, Amber Park is a 592-unit condo launched for sale in 2019 and completed in 2023.
The new project replaces the previous condo, with the same name, that was originally built in the 1980s and was sold en bloc in 2017.
The current development has three residential blocks offering one- to five-bedroom units ranging from 463 to 2,336 sq ft, as well as four duplex penthouses measuring between 4,392 and 5,005 sq ft.
The highest quantum recorded at the new Amber Park was for a 4,392 sq ft duplex penthouse purchased from the developers for $13 million in August 2021.
Another District 15 project that registered a new psf-price record during the week was The Shore Residences.
The 103-year leasehold condo hit a high of $2,585 psf with the sale of a 1,141 sq ft, three-bedroom unit for $2.95 million on Oct 5.
Read also: Freehold condo Latitude notches new price high of $2,993 psf
The previous record at The Shore Residences was $2,330 psf, set in December 2024, when another 1,141 sq ft unit was transacted for $2.66 million.
Completed in 2009, The Shore Residences is a 408-unit condo on Amber Road in Marine Parade. It has one- to five-bedders ranging from 592 to 2,906 sq ft.
Marine Parade MRT Station is a 10-minute walk from the development, while Haig Girls’ School and Tanjong Katong Primary School are both within a 1km radius.
Resale activity at The Shore Residences has been brisk, with 16 deals recorded so far this year. Excluding the Oct 5 sale, the other 15 transactions were priced from $1,816 to $2,297 psf, involving units sized between 592 and 1,432 sq ft.
Over in District 9, Robertson Edge recorded the third-highest psf-price peak for the week.
The 999-year leasehold project set a fresh record of $2,218 psf when a 431 sq ft one-bedder sold for $955,000 on Oct 1.
That is the first time an apartment at Robertson Edge has crossed the $2,200 psf mark. It surpasses the previous record of $2,174 psf set in February 2013, which involved a 506 sq ft two-bedder that changed hands for $1.1 million.
Read also: Terra Hill records new psf-price low of $2,093 in developer sale
Located along Tong Watt Road, Robertson Edge is a boutique development comprising just 70 apartments. Its one- to two-bedroom layouts span 398 to 1,173 sq ft.
The Oct 1 deal marks the second caveated transaction at Robertson Edge this year. On Sept 4, a 431 sq ft one-bedder fetched $909,000 ($2,111 psf).
No psf-price lows were recorded during the week.