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Condo prices · D15

Amber Residences

Amber Road · D15 · Rest of central region · Condominium

The median sale at Amber Residences was $2,670,000 — $2,062 psf — across 25 transactions between Nov 2021 and Aug 2026. Freehold.

Median price
$2,670,000
25 sales in the window.
Median per sq ft
$2,062 psf
Median unit 1,249 sq ft.
Lease remaining
Freehold
Freehold

Amber Residences saw three sales in the past 12 months. A median over that is a record of what happened, not a rate you could expect to transact at.

What it costs per month of lease

Amber Residences is freehold, so there is no lease to divide by and no expiry to discount towards. That is the whole of what a buyer is paying the freehold premium for. It runs about a tenth over leasehold on resales in the core central region and in the suburbs, and the city fringe reads the other way. Why that is, and why the national figure is bigger and worse.

Year by year

Too few sales in one or both ends of the window to quote a change, so the years are given as they are.

  • 2021two sales$1756
  • 2022six sales$1836
  • 2023five sales$2062
  • 2024three sales$2203
  • 2025eight sales$2149
  • 2026one sale$2142
Show the figures
YearMedian pricePer sq ftSales
2021$2,973,444$1,756 psf2
2022$2,520,000$1,836 psf6
2023$2,460,000$2,062 psf5
2024$3,400,000$2,203 psf3
2025$3,010,000$2,149 psf8
2026$3,850,000$2,142 psf1

What it rents for

URA’s median of rental contracts lodged at Amber Residences in 2023Q4, per square foot per month.

Median rent per sq ft
$4.92
A month. Middle half of contracts ran $4.52 to $4.98.
Gross yield
2.86%
A year of median rent against the median sale price.
Median sale per sq ft
$2,062 psf
The figure the rent is divided into.

Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.

Other developments in D15

Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.