https://www.edgeprop.sg/content/ambe...e-sale-768-mil
"Amber Park has been launched for collective sale at a reserve price of $768 million, according to sole marketing agent JLL. The reserve price reflects a land rate of approximately $1,284 psf per plot ratio.
Completed in 1986, the freehold Amber Park comprises 200 units across two 27-storey blocks. Under the 2014 Master Plan, the 213,670 sq ft site is zoned ‘residential’ with a gross plot ratio of 2.8, according to JLL. It can be redeveloped into a high-rise apartment development of around 24 to 26 storeys, depending on the technical height controls imposed by the relevant authorities. Development charges are not payable for the proposed redevelopment.
Amber Park is located within walking distance to shopping malls and amenities such as Parkway Parade, Marine Parade Central, i12 Katong, and the East Coast Park. It is less than 200m away from the future Tanjong Katong MRT station."