rsbeginner
09-02-19, 11:52
City Developments Ltd (CDL) through its wholly owned subsidiary Cityzens Development, and joint-venture partner Hong Realty acquired Amber Park (https://www.amberparkscondo.com/) for $906.7 million in 2017. Prior to en bloc, Amber Park is a 200 units freehold condominium in Katong. Amber Park sits on a 213,675 sq ft land with the plot ratio of 2.8. That gives allowable gross floor area of 598,290 sq ft. Price of Amber Park per sq ft (psf) per plot ratio is about $1,515. Stay tuned.