Amber 45, The Sea View and Robertson Blue all set higher price-per-square-foot (psf) records during the period of May 5 to 12.Among all the condos that hit a new high in terms of psf prices, it was Amber 45, a 139-unit freehold development on Amber Road in District 15, that topped the list. A two-bedroom unit measuring 700 sq ft on the 10th floor sold for $1.9 million ($2,716 psf) on May 9, setting a new record for the project, and also for the Singapore condo market. This comes just two weeks after the previous record of $2,610 psf was set on April 24 following the sale of a 1,130 sq ft unit for $2.95 million.Unit sizes at Amber 45 start from 614 sq ft for a two-bedder, 1,130 sq ft for a three-bedder and 1,346 sq ft for a four-bedder, with 20 four-bedroom premium apartments measuring up to 1,798 sq ft, each with a private lift lobby. The property is developed by UOL Group and was completed in 2021, with units being fully sold before completion.

The Sea View also experienced a new psf-price high during the week in review. A three-bedder on the 15th floor measuring 1,410 sq ft fetched $3.5 million or $2,482 psf on May 8. Apart from that, a four-bedder at the 546-unit freehold development near Amber 45 measuring 1,518 sq ft on the 14th floor was sold for $3.55 million ($2,339 psf) on May 9. This is the second-highest transaction recorded at The Sea View on a psf-price basis after the May 8 transaction. Developed by Wharf Estates Singapore (the former Wheelock Properties), it consists of six 22-storey blocks and was completed in 2008.

Robertson Blue, a freehold condo along Robertson Quay in District 9, also hit a new psf-price during the period in review. A 1,862 sq ft unit on the development changed hands for $4.5 million ($2,417 psf) on May 12, surpassing the previous high established at the development in May 2022, after a 1,238 sq ft unit on the fifth floor changed hands for $2.8 million ($2,262 psf). This is the first resale transaction recorded at Robertson Blue this year. It is developed by Singapore-listed Hotel Properties, and was completed in 2006.

The enhanced connectivity of the $3.69 billion JRL project is set to catalyse the development of the region’s real estate market, particularly for JCube Residence Condo. This newly launched development is located just 1 minute away from Ng Teng Fong General Hospital Station, and is also in close proximity to a number of supermarkets, food outlets, shopping centres and schools. Furthermore, residents of the development can enjoy easy access to the vibrant Jurong Lake District, with waterfront lifestyle offerings and green spaces. This is an ideal opportunity for investors and homebuyers to invest in real estate within the Jurong Transformation precinct.

Amenities near Amber 45 include malls like Parkway Parade on Marine Parade Road and I12 Katong on East Coast Road, all within walking distance. The upcoming Marine Parade MRT Station on the Thomson-East Coast Line is a 10-minute walk away. Similarly, The Sea View and Robertson Blue are also near eateries and malls; each sit in walking distance to Fort Canning MRT Station on the Downtown Line.

No new psf-price lows were recorded during the period in review.