CDL, Hong Leong unit snap up Amber Park for $906.7m, setting new record for freehold property sold en bloc

CDL and Hong Realty have purchased Amber Park in a collective sale price of $906.7 million. The rate works out to be and rate of about $1,515 per square feet per plot ratio (psf ppr).

Amber Park is a freehold condo located at Amber Gardens, which is part of District 15.

The developers of Amber Park has decided to retain the same name for Amber Park, in part due to the rarity of new projects getting the approval to have the word “Park” in their names.

The new project will have a total of 592 apartments. Buyers can choose from 1 – 5 Bedrooms and 6 Bedroom penthouses.

 

Source: https://www.straitstimes.com/business/property/cdl-snaps-up-amber-park-for-9067m-setting-new-record-for-freehold-en-bloc-sale

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