New launch condo units are still moving fast, despite the increasingly higher prices. If you’ve been keeping a close watch over the numbers, it is quite shocking to see how quickly the units have moved. There were a few condos that you might think were in a little bit of a sticky situation at the beginning of 2022, but today.
Number of units: 592
Square Foot Research indicated a median developer price of $2,369 psf. The lowest recent price was $2,378 psf, and the highest was $2,604 psf.
Notable highlights:
Amber Park was one of the best known Katong / Marine Parade area condos of its day, so it’s unsurprising its replacement chose to retain the name.
Much like its predecessor, Amber Park benefits from being close to the lifestyle stretch of East Coast Road. It’s only 500 metres, or a four-minute walk, to where the stretch begins (around Katong Shopping Centre). From there it’s family-friendly pubs, restaurants, diners, etc. all the way to the Joo Chiat area.