District 15 is seeing an revival of sorts. There will be at least 2 new projects launching for the final quarter of the year. The hottest zone in District 15 for new launches would be at Amber and Meyer Estates.
There are currently a total of 7 new launches around this estate. This includes Amber Sea and One Meyer that will be launched in Q4 2022. With 1282 units up for grabs, it will be a tough choice to pick one over the other.
ABOUT AMBER AND MEYER ESTATES
The location of Amber and Meyer Estate is what made it attractive. Amber and Meyer Estate are located side but side. They are divided by a slip road, Tanjong Katong Road from ECP.
Developments here are mostly high rise with an orientation towards East Coast Park. If you are looking for sea views, the condos along these 2 estates are usually what one would keep an eye on. Futhermore, it is relatively close to the famous eateries along East Coast Road and within a short drive to the City. In terms of retail and supermarkets, Parkway Parade. I12 Katong and Kinex are the two closest malls to these estates. Both estates will be served by the Thomson East Coast Line network by with Katong Park serving Meyer residents and Tanjong Katong serving Amber residents.
Meyer Road is considered to be the equivalent of Bukit Timah in D15. In the condos, there are usually more space out as it is flanked by landed properties and the sea on either side. Amber Road is considerably denser but it is closer to the East Coast Road stretch of eateries and shops.
Let the showdown begin!
AMBER ROAD NEW LAUNCHES
Amber Park
Number of units: 592
TOP: Q3 2023
Address : 16,18,18A Amber Park
Developer: Aquarius Properties Pte Ltd (CDL Subsidiary and Hong Realty)
Tenure: Freehold
Land Area: 213, 676 sqft
This is the biggest development in terms of land size at Amber Estate. Spanning over 213,676 sqft, this would consider being a mid-size development. Additionally, The Stratosphere, a rooftop recreational deck on the 22 floors comes with a 600m running track, gym and gourmet kitchen. Regardless of which unit one chooses, residents can always make their way to the top to enjoy the sea view.
Why Amber Park
Great for families with young kids
Given the size of the development, the amenities are the most comprehensive
Sea View lovers
All residents can enjoy the sea view regardless of the units due to the communal Stratosphere.
Transportation
Located 300m to Amber Park Station
Condo Status
With a bigger development, there tend to be a higher turnover of units. Higher turnover may help push up the resale prices of the development.
1: 1 Carpark Allocation
To Consider
Limited sea views for balance units
Amber Sea
Number of units: 132 Units
TOP: Q2 2026
Address: 30 Amber Gardens, Singapore 439964
Developer: Far East Organization
Tenure: Freehold
Land Area: 3801.4 sqm (Apartment)
Amber Sea will be the latest launch in the Amber Estate. It has the nearest location to East Coast Eateries.
Why Amber Sea?
Parents looking for good primary schools.
The development is within 2km to Tanjong Katong Primary, Haig Girl's Primary, Toa Nah Primary, CHIJ Katong and Kong Hwa Primary school
Buyers with budget of 1 million
Amber Sea has 1 bedroom units starting from 1.1m
Yet to launch
Buyers can still get choice units
1:1 Carpark Lots
To Consider
Launching at 2600psf, it is the priciest of all the new launches at Amber estate
Nyon
Number of units: 92 units
TOP: Aug 2022
Address: 12 Amber Road
Developer: Aurum Land Pte Ltd
Tenure: Freehold
Land Area: 28,409 sqft (Apartment)
D15 is well known for its Peranakan heritage. The Nyon brings back the Peranakan vibes to the development with a facade drawing inspiration from the Peranakan theme.
Why Nyon
Heritage Lovers
The design cues from the exterior and the facilities would charm those looking for heritage vibes.
Price
Price from $1915 PSF for a 3 bedroom, the Nyon offers value for money in terms of PSF.
Early TOP
Nyon TOP in Aug 2022
1:1 Carpark lots
To Consider
Some units are facing the main road.
Coastline Residences
Number of units: 144 Units
TOP: Dec 2022
Address: 9 Amber Road
Developer: SL Capital
Tenure: Freehold
Land Area : 2200.4 sqm (Apartment)
The tag line used by agents for Coastline Residences is the Condo by the sea. With no residence fronting the project, most of the units come with a direct sea view.
Why Coastline Residences
Seaview lovers
With a direct sea view, Coastline Residences is an attractive option for those who want a seaview unit.
Early TOP
Coastline Residence is expected to TOP on Dec 2022
1: 1 Carpark lots
Why Not
A stack that has the best sea and city view is east facing. May not exactly be everyone's cup of tea.
MEYER ROAD NEW LAUNCHES
Meyer Mansion
Number of units: 200
TOP: 2H 2024
Address: 79 Meyer Road
Developer: Guccoland
Tenure: Freehold
Land Area: 109,630 sqft (Condo)
Perched at the edge of the city, Meyer Mansion is close to town and the sea. It has floor to ceiling windows to take advantage of its unblack views of the sea and landed enclave.
Why Meyer Mansion
Direct Sea Views
It has units facing directly to the sea, giving it a permanent direct sea view
Landscaping
79 % of the development is devoted to landscaping and amenities.
Close proximity to the City
The city is a short 5-minute drive away.
1:1 Carpark Lots
To Consider
The one-bedroom is priced above $3000 psf. That is a barrier for D15.
One Meyer
Number of units: 200
TOP: 2H 2024
Address: 79 Meyer Road
Developer: Guccoland
Tenure: Freehold
Land Area : 2200.4 sqm ( Apartment)
Why One Meyer
Launching Soon
Buyers would still have the chance to get choice units
1 :1 Carpark Lots
To Consider
Boutique Development
With only 66 units, the price movement for this development judging by the trend of prices for smaller developments.
Meyer House
Number of units: 56
TOP: Q1 2022
Address: 128 Meyer Road
Developer: Secure Venture Development No 1 Pte Ltd
Tenure: Freehold
Land Area : 109,630 sqft (Condo)
Meyer House is billed as the "Nassim of the East". It's a low-density house at Meyer Road developed by renowned architects WOHA, UP and RSG.
Why Meyer House
For those who want space.
The 3BR starts from 1873 sqft. This is one of the largest for a new launch in the East.
Exclusivity
56 units on a generous 110,000 sqft. In contrast, there are 200 units at Meyer Mansion over a land size of 85,000 sqft
Early TOP
TOP on Q1 2022
To Consider
Prices start from $5.19m. For that price, one could consider a landed property in D15.
CURRENT PRICE TREND
Base on the top 5 recent price transactions in the east, prices remains firm at 2450 to 2600 psf for new launches regardless of apartment or condo status. Amount the top 5 transactions. Amber 45 is the odd one out as it is one that has already TOP.
Given that price range, for those looking at prices, anything below $2400 for a new launch would be considered a bargain, while prices above $2650 will need something special to warrant the price range.
If you are keen to explore any of the options, make an appointment with us. We will be glad to arrange for a showflat viewing for you.