AMBER SKYE
UrbanLens Analysis
AMBER SKYE trades at $2,338 PSF, sitting 38% above the District 15 median of $1,689 PSF. The 1-minute walk to Tanjong Katong MRT (94m) is a tangible lifestyle and resale advantage. MEYER BLUE fetches $3,205 PSF nearby -- that 27% gap frames AMBER SKYE's relative value proposition.
The +4.7% two-year price movement is negligible -- neither bullish nor bearish. With 15 deals in two years, the pricing data has reasonable statistical weight. For context, THE CONTINUUM has gained 5.0% over the same period.
Freehold tenure eliminates lease-decay risk entirely -- no CPF restrictions, no LTV erosion, no shrinking buyer pool as the asset ages. Gross yield of 3.3% tracks the RCR average of 3.5%. At $6,957/month median rent, income is market-rate -- neither a standout nor a weakness.
At 109 units, the development is mid-sized: adequate amenities, manageable maintenance pool, and reasonable resale velocity.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| EMERALD OF KATONG | $2,628 | — | 0.0% |
| THE CONTINUUM | $2,869 | — | +5.0% |
| GRAND DUNMAN | $2,533 | — | +0.4% |
| TEMBUSU GRAND | $2,419 | — | -1.7% |
| MEYER BLUE | $3,205 | — | 0.0% |
PSF Trend
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