+65 98896968
hello@propertyforsale.com.sg
Login
Sign Up
Far East Organization Launches Amber House in District 15 with Prices Starting from S$1.92 Million
Far East Organization is set to launch its latest East Coast residential project, Amber House, for sale on Saturday, June 28, with unit prices beginning at S$1.92 million. Situated along Amber Gardens in prime District 15, this freehold development offers buyers a rare opportunity to own a slice of one of Singapore’s most sought-after residential enclaves.
Amber House comprises 105 residential units within a 16-storey tower, occupying a site area of 3,801.4 square metres. With a gross floor area of 11,495.4 sq m and gross plot ratio of 2.8, the development features a mix of 2-, 3-, and 4-bedroom units.
2-Bedroom Units (635–753 sq ft): from S$1.92 million or S$3,020 psf
3-Bedroom Units (980–1,238 sq ft): from S$2.9 million or S$2,960 psf
4-Bedroom Units (1,744 sq ft): from S$5.13 million or S$2,940 psf
Amber House stands on the site of the former Amber Glades, which Far East Organization acquired through a collective sale in March 2011 for S$118.1 million. The site was originally earmarked for a project called Amber Sea, intended for launch in October 2021. However, the launch was postponed due to changing market dynamics.
Far East Organization (FEO) emerged as the successful bidder for the collective sale of Amber Glades—comprising 30 and 32 Amber Gardens—acquiring the freehold residential site for S$118.12 million. Existing owners stand to gain between S$1.34 million and S$2.24 million, depending on unit size.
Land parcel size: 40,917 sqft (freehold) which could yield a GFA of 114,567 sq ft
Gross plot ratio: 2.8
Effective land price: S$1,066 per sqft per plot ratio (psf ppr), inclusive of a S$4 million development charge
Number of units: 63 existing apartments
The breakeven cost for Far East Organization would land around S$1,900–2,000 psf for the upcoming development.
Amber Glades marks FEO’s fourth attempt at tendering the site since its first en bloc launch in 2007 (with guide prices ranging from S$130m to S$145m), finally sealing the deal in March 2011.
Location appeal: Nestled in the coveted Katong/Marine Parade enclave with connectivity to the Thomson East Coast MRT line and proximity to Parkway Parade.
Freehold advantage: A rarity in the city fringe, boosting long-term capital value.
Development scale: Midsized plot (40,900 square feet) ideal for developer diversification or renewal of landbank.
The acquisition of Amber Glades underlines FEO’s deep-rooted presence in District 15, where it has spearheaded multiple projects including Silversea, The Cape, and The Shore
The site’s strategic location—just minutes’ walk from Tanjong Katong MRT station on the Thomson-East Coast Line—adds to its attractiveness. It is also close to lifestyle amenities at Parkway Parade, Katong i12, and the East Coast Park. Families are drawn to the area for its proximity to reputable schools like Tao Nan School and Tanjong Katong Primary.
According to URA Caveat, the transacted price for new non-landed private homes in Amber House’s vicinity in recent months closely aligned with Amber House’s new launch prices.
The Continuum - A high floor 1,065 sq ft freehold unit was sold for S$3.098 million ($2,907 PSF) in June 2025.
Emerald at Katong - A high floor 1,022 sq ft 99-years leasehold was sold for S$2.808 ($2,746 PSF) in January 2025.
Nearby resale private property transactions include:
The Esta: 1,313 sq ft freehold resale unit sold for S$3.26 million (S$2,482 psf) on April 2025
Amber Residences: 1,162 sq ft freehold resale unit changed hands for S$2.62 million (S$2,253 psf) on March 2025
In contrast, resale private condominiums with freehold status in the area reflect a lower median of S$2,350 psf, suggesting Amber House is targeting the premium segment of the market.
