The Ambrosia
Located in District 15 (Joo Chiat, Amber Road, Katong), The Ambrosia is a freehold condominium in the Outside Central Region (OCR). Completed in 2011, the development comprises 39 units. Sale and rental figures on this page are compiled from URA transaction records.
THE AMBROSIA
Over the 12 months to Mar 2024, The Ambrosia recorded 11 rental contracts at a median $5,200/mo. Source: URA caveat data, as of Mar 2024.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Mar-24 | $2,450,000 | $1,661 psf | 1,475 sqft | 01 to 05 | 4BR |
| Aug-23 | $1,300,000 | $1,610 psf | 807 sqft | 01 to 05 | 2BR |
| Jul-23 | $3,100,000 | $1,291 psf | 2,400 sqft | 01 to 05 | 5BR |
| Jun-22 | $1,900,000 | $1,548 psf | 1,227 sqft | 01 to 05 | 3BR |
| Apr-22 | $1,680,000 | $1,472 psf | 1,141 sqft | 01 to 05 | 3BR |
| Mar-22 | $2,230,000 | $1,480 psf | 1,507 sqft | 01 to 05 | 4BR |
| Oct-21 | $1,800,000 | $1,394 psf | 1,292 sqft | 01 to 05 | 3BR |
| May-21 | $1,730,000 | $1,317 psf | 1,313 sqft | 01 to 05 | 3BR |
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.