Amber Skye, a freehold condominium project in Marine Parade, sold five units during a week-long preview held prior to its launch yesterday, reported the media.
Measuring 1,100 sq ft each, all five units were two-bedroom apartments and snapped up by Singaporeans for $1,800 to $1,900 psf, said the developers.
Located at 8 Amber Road, Amber Skye will feature 109 units comprising one to four-bedroom units measuring between 527 sq ft and 2,982 sq ft. The project will also have six penthouses ranging from 3,300 sq ft to 4,100 sq ft as well as two 5,177 sq ft ‘grand villas’ that span two floors.
Nearby facilities include Parkway Parade and 112 Katong as well as the upcoming Amber MRT station on the Thomson-East Coast Line (TEL).
The project, which is expected to obtain its Temporary Occupation Permit (TOP) by June 2017, is developed by OKP Land and China Sonangol.
Notably, the project is OKP Land’s maiden venture into property development.
Or Lay Huat, Executive Director at OKP Land, said, “Marking our foray into the property development business, Amber Skye promises to be an exciting property offering quality high-rise residence while benchmarking luxury living. We are optimistic about the launch of Amber Skye.”
Meanwhile, China Sonangol Land’s Executive Director Tung Kum Hon is confident Amber Skye will deliver capital appreciation as “growth and confidence in the Singapore property market returns.”
Image source: amber-skye.com.sg
Muneerah Bee, Senior Journalist at PropertyGuru, edited this story. To contact her about this or other stories email muneerah@propertyguru.com.sg
