Review One Amber

34 reviews for this Condo

• 3.3

  alex k (1 reviews )

  3.3 Reviewed on May 13, 2010 4 helpful votes

  Rental Yield at One Amber

  I keep hearing agents advertising 4% rental yield for One Amber. To get 4% for 2BR (take for example sale price @ $1.3m), monthly rental has to be around $4.4k and this is before deducting all fees and taxes. Taking current rental for Cote D'Azur around $4k at present, it is unlikely that One Amber will be able to yield 4%. Of course one can argue that One Amber is new and such and such, but this matter very little for a tenant looking for ease and convenience just next to Parkway Parade.

  • Interior / Units 1
  • Common Areas 5
  • Condo Facilities 5
  • Transport Links 3
  • Nearby Amenities 3
  • Management 3
• 4.3

  streetman (13 reviews )

  4.3 Reviewed on April 21, 2010 0 helpful votes

  One Amber

  Price is pretty high,to command a good nett rental yield if a buyer gt to purchase a unit now.Supply vs Demand,there are too many ready projects in 2010-2011.Some mass market project is pretty cool.Good luck!

  • Interior / Units 5
  • Common Areas 5
  • Condo Facilities 5
  • Transport Links 3
  • Nearby Amenities 4
  • Management 4

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• 1

  Luzman Han (2 reviews )

  1 Reviewed on March 29, 2010 3 helpful votes

  One Amber

  I totally agree with Jak comments about rental yield...i personally don't believe 4% renatl yield is possible at One AMber with the current asking price now..3% rental yield is already tough based on my calculations..

  • Interior / Units 1
  • Common Areas 1
  • Condo Facilities 1
  • Transport Links 1
  • Nearby Amenities 1
  • Management 1
• 2.5

  Jak (66 reviews )

  2.5 Reviewed on March 23, 2010 5 helpful votes

  Preview

  Preview through a project friend. Very nice development. But same inefficient use of space in the unit. Looks like 20% of the space are loss but not sure where!! Was looking at a 920+sqft unit and looks more like a 600sqft 1B+1 studio i saw a few months ago. Else, entire development looks good. Forget seaview, only really high floors. Rental yield will be challenging. A expat friend was looking for a 2bedder (end 2010) and was offered 3.3k for a mid floor unit. He took up the another nearby development at 2.7k for a unit larger by 100sqft. Agent tried to convince me that rental yield is 4% minimum and will reach 4.5-5% by 2011. Yeah sure!! These are the type of agents we don't need in the property industry!

  • Interior / Units 2
  • Common Areas 3
  • Condo Facilities 3
  • Transport Links 1
  • Nearby Amenities 4
  • Management 2

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