PSF: $2,252 est.
UOL GROUP LIMITED
To have an idea of the probable future of the development of 45 Amber UOL, the closest analogue would be to observe the statistics of The Shore Residences, a condo within the same district but on 81 Amber road. The condo is a 20-story building with 408 units listed variably depending on how many bedrooms are offered or depending on the type of transaction. Sales can range from $850,000 to $1M for single bedroom units while 4-bedroom units can go for up to $4.8M. Available prices for rent can range from $2500-$3200 for single bedroom units while three-bedroom units can be around $5000. Transaction prices have remained linear for a year with the average transaction price at 6 months ago being the same as the transaction price a year ago which is at $4.4 per sq. ft. The Shore Residences have had conservative price trends over the 3 years since its initial public release in 2014. However, these numbers will only keep increasing, matching Singapore’s economic future along with other residential areas such as the 45 Amber project. Being businesses in the same industries and having investments in such proximity to one another such as The Shore Residences and the 45 Amber project, the two development projects would probably acquire along similar numbers.
Prestigious high-rise condominium at Amber Road by UOL Within walking distance of the upcoming Marine Parade and Tanjong Katong MRT stations