The previous Amber Towers which had been enbloc will soon be launched as Elegant Residences instead of the name Amber Skye. I guess developer has a reason for the change in name to Elegant signifying the high quality materials and furnishings that it uses in each apartment unit.
Guess what will be the psf launch price ?? This project is developed by China Sonangol Land, the same developer for the high end condo at Angullia Park which was sold at $5,000psf upwards. My bet ELEGANT RESIDENCES will be marketed at no less than $2000psf but no more than $3000psf. I leave it to your imagination.
ELEGANT RESIDENCES will have a commanding view of the sea in addition to the city and the landed property landscape. Neighboring Aalto is already selling at $2000psf on average.
So far no available information has been released yet, but this developer has already started construction at the actual site signifying the fact that they are cash rich and dont have to wait to sell their units to start construction.