Singapore Property developer FEO will preview Amber Sea on Oct 09

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On Oct 09, Far East Organization will be launching Amber Seas at Amber Gardens. The Freehold property that spans 40,918.27 square feet (sq ft) is in District 15, and is a 7-minute walk from upcoming Tanjong Katong MRT station.

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Amber Sea is a freehold development that sits within the quaint residential enclave along Amber Road, in the prime vicinity of Singapore’s East Coast. Stay close to an array of dining, shopping and recreational amenities. You are also just minutes from the upcoming Tanjong Katong MRT Station.

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Embrace everyday moments; enjoy the evening breeze at East Coast Park, or take a slow walk along the charming shophouses at Katong.

Retreat from busy city life in this development that is designed to reflect the unique personality of the precinct.

Developed by Far East Organization, Amber Seas comprises one residential towers of 19 storeys.

Its 132 units comprise one- to five-bedroom apartments, with a starting price of S$1,100,000 for one-bedroom units. Ranging from 398 sq ft (for a one-bedroom unit) to 4,133 sq ft (five-bedroom ground Duplex).[/vc_column_text][vc_btn title="Whatsapp For More Information" color="pink" align="center" link="url:https%3A%2F%2Fapi.whatsapp.com%2Fsend%3Fphone%3D6591259978%26text%3DHi%2C%2520I%2520am%2520interested%2520on%2520Amber%2520Sea|title:Access|target:_blank"][vc_column_text][content_block id=12982][/vc_column_text][vc_single_image image="14869" img_size="full" alignment="center"][vc_empty_space height="8px"][vc_column_text][content_block id=12984][/vc_column_text][vc_column_text]PROJECT HIGHLIGHTS

•7 mins’ walk to upcoming Tanjong Katong MRT Station

• 10 mins’ walk to East Coast Park

• 5 - 10 Mins’ walk to Katong V, Parkway Parade and i12 Katong

• Canadian international school, Dunman high school, Chung cheng high school, CHIJ (katong) primary school, Tao nan primary school[/vc_column_text][vc_empty_space height="8px"][vc_column_text]PRICE GUIDE


1 Bedroom (398Sqft- 409Sqft) From $1.1M
2 Bedroom (603Sqft - 624Sqft) From $1.6M
2 Bedroom Premium (614Sqft - 840Sqft) From $1.7M
3 Bedroom (1109Sqft - 1216Sqft) From $2.9M[/vc_column_text][vc_column_text][content_block id=12987][/vc_column_text][vc_single_image image="14975" img_size="full" alignment="center"][vc_empty_space height="8px"][vc_column_text][content_block id=12975][/vc_column_text][vc_single_image image="14971" img_size="full" alignment="center"][vc_column_text][content_block id=12986][/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_btn title="Learn More" color="pink" align="center" link="url:https%3A%2F%2Fwww.propertyfactsheet.com%2Fproperties%2Fwatergardens-at-canberra%2F|title:Access|target:_blank"][/vc_column][/vc_row][vc_row][vc_column][vc_video link="https://youtu.be/DqdEZMLQk1w" align="center"][/vc_column][/vc_row]

Huttons’ comments on August 2021 developer’s sales

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Developers launched 836 units and sold 1,215 units in August 2021. Sales in August 2021 was 23.6% lower than July 2021 and 3.4% lower than a year ago. Despite the Lunar Seventh Month from Aug 8, developers sold more than 1,000 units, even better than the Lunar Seventh Month a year ago. Buyers are probably less concerned about committing to a home purchase during the Seventh Month nowadays.

[/vc_column_text][vc_column_text][content_block id=12977][/vc_column_text][vc_empty_space height="8px"][vc_column_text]Comparison of developer sales during Lunar Seventh Month[/vc_column_text][vc_single_image image="14950" img_size="full" add_caption="yes" alignment="center"][vc_column_text]* sales as at 5 Sep 2021[/vc_column_text][vc_column_text][content_block id=12980][/vc_column_text][vc_empty_space height="8px"][vc_column_text]47.5% of the transactions in August are priced below $1.5 million, 28.4% are between $1.5 million to $2 million and 24.1% above $2 million. The average price paid for a unit in August was $1.77 million. 85.4% of purchases are by Singaporeans with PRs and foreigners making up 10.5% and 4.1%, respectively.[/vc_column_text][vc_column_text][content_block id=12982][/vc_column_text][vc_empty_space height="8px"][vc_column_text]Table 1: Purchases by Residential Status and Price Range in August[/vc_column_text][vc_single_image image="14951" img_size="full" add_caption="yes" alignment="center"][vc_column_text][content_block id=12984][/vc_column_text][vc_empty_space height="8px"][vc_column_text]Seven of the top 10 best-selling projects in August are in the Outside Central Region (OCR). The OCR accounted for 59.3% of the total sales in August. The second launch in the OCR in 2021, The Watergardens at Canberra sold 59.6% of its units in August, supported by the large upgrading demand from the HDB market.[/vc_column_text][vc_column_text][content_block id=12987][/vc_column_text][vc_empty_space height="8px"][vc_column_text]It is rumoured that an investment fund bought nine units at the recently completed Martin Modern in August. Wealth is coming into the Singapore residential market seeking opportunities.[/vc_column_text][vc_column_text][content_block id=12975][/vc_column_text][vc_empty_space height="8px"][vc_column_text]The top ten private residential projects for August 2021 are:[/vc_column_text][vc_single_image image="14952" img_size="full" add_caption="yes" alignment="center"][vc_column_text][content_block id=12986][/vc_column_text][vc_empty_space height="8px"][vc_column_text]In September, there will be two launches, Bartley Vue and Jervois Mansion. Bartley Vue is estimated to have moved 30% of its units. In the absence of larger launches, sales in September are estimated to be around 700 to 800 units.[/vc_column_text][vc_column_text]The last quarter of 2021 will see more launches lined up – Amber Sea, Belgravia Ace, Cairnhill 16, Canninghill Piers, Mori, Perfect 10 and The Commodore. The market will likely end the year on a high of around 12,000 new sales.[/vc_column_text][/vc_column][/vc_row]