Type

Units

Min Area

Price Range

3 BR

1098 sqft

S$1.7m

Property Highlights

Condo development with 2 units currently available.
Prices currently start from S$1,688,000.
Located 6 min (510 m) from PE5 Kadaloor LRT Station.

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The Amore: Contemporary Living at Edgedale Plains

The Amore stands as a notable residential development in one of Singapore's most accessible neighbourhoods, strategically positioned along Edgedale Plains to serve a diverse range of property seekers. This condominium project captures the essence of modern urban living, combining thoughtful architectural design with proximity to essential transport infrastructure. Situated just 510 metres from Kadaloor LRT Station on the PE Line, residents enjoy seamless connectivity to major business districts and recreational hubs across the island.

The development addresses a clear market demand for well-appointed residential units in a location that balances convenience with established community amenities. Units within The Amore typically span approximately 1,098 square feet, providing generous living spaces configured to accommodate growing families, young professionals, and savvy investors seeking reliable income streams. The floor plate design reflects contemporary preferences for functional layouts without compromising on natural light and ventilation.

Location and Transport Connectivity

Edgedale Plains occupies a strategic position within the broader residential landscape, benefiting from its proximity to the Kadaloor LRT interchange. The six-minute walk to the station represents a significant advantage for commuters, translating to substantial time savings for those working in the central business district or along major employment corridors. This accessibility factor has historically supported sustained property values and rental demand throughout the estate.

The neighbourhood itself has matured considerably over recent years, with surrounding infrastructure investments creating multiple lifestyle touchpoints. Residents can access neighbourhood shopping facilities, dining establishments, and community spaces without venturing far from The Amore's address. The broader Edgedale area continues to attract attention from both end-users and investors, reinforcing its position as a credible alternative to more congested central locations.

Investment Potential and Rental Dynamics

The Amore presents compelling investment credentials for those seeking stable rental yields in a well-serviced area. The proximity to Kadaloor LRT Station generates consistent tenant demand from professionals seeking convenient access to employment nodes across the island. Properties in this catchment typically command rental rates reflective of their location premium and modern specifications, with yields generally ranging between 3.5 and 4.5 per cent annually depending on unit configuration and exact floor level.

Investors evaluating The Amore should factor in the neighbourhood's demographic composition, which tends to attract both upgraders and younger professionals seeking their first investment property. The unit sizes on offer align well with the rental market's preference for compact yet comfortable configurations, maximising appeal to a broad tenant base. Historical rental absorption in comparable Edgedale developments suggests limited vacancy periods and stable tenant profiles, reducing landlord exposure to prolonged periods without income.

Pricing Framework and Market Positioning

The Amore's pricing reflects fair value relative to recent comparable transactions in the Edgedale precinct, with units generally positioned from S$1.68 million upwards depending on specific configuration and floor level. This price point sits at a reasonable premium to older stock in the immediate vicinity, reflecting the development's modern facilities and contemporary design standards. Prospective purchasers should evaluate price per square foot against recent comparable transactions to validate asking prices, as pricing nuances can exist between lower and higher floors, corner units, and those with superior outlooks.

The pricing structure supports accessibility for a range of buyer profiles without compromising on the development's market positioning. First-time buyers upgrading from smaller units may find The Amore's offerings represent meaningful space improvements at justifiable premiums. Conversely, investors seeking entry points into Edgedale's residential market can assess whether acquisition costs align with projected rental returns over their intended holding period.

Buyer Suitability and Financing Considerations

The Amore appeals across multiple buyer segments, each drawn by distinct attributes aligned to their circumstances. First-time property buyers appreciate the modern specifications and established neighbourhood amenities, whilst upgraders benefit from the generous unit sizes relative to comparable developments in nearby precincts. High-net-worth individuals pursuing investment portfolios find the location's rental characteristics and transport accessibility compelling, particularly when factoring in potential capital appreciation tied to ongoing infrastructure improvements in the district.

Financing a purchase at The Amore's price points typically requires comfortable Total Debt Service Ratio (TDSR) headroom, with most buyers requiring gross monthly household incomes exceeding SGD 8,500 to service mortgages comfortably at current interest rates. First-time buyers may access more favourable financing terms and lower downpayment requirements compared to investors, though secondary property purchasers will encounter the 20 per cent Additional Buyer's Stamp Duty (ABSD) applicable to a Singapore Citizen's second residential property acquisition. This ABSD consideration should be incorporated into total cost-of-ownership calculations when evaluating purchase viability.

Future District Developments and Market Outlook

The Edgedale precinct remains within a broader district experiencing selective new supply, though recent planning approvals suggest measured rather than aggressive development pipelines in the immediate area. This supply constraint supports the thesis that established developments like The Amore will retain appeal amongst property seekers unable or unwilling to transact at premium rates commanded by newer projects elsewhere. Market observers note that infrastructure investments tied to the Kadaloor LRT interchange continue maturing, potentially unlocking further value appreciation for properties within the immediate catchment.

Property seekers should monitor upcoming district developments to contextualise The Amore's competitive positioning, particularly new launches targeting similar buyer demographics. However, the scarcity of large-scale new residential projects in Edgedale suggests The Amore will maintain relevance throughout typical holding periods, whether those extend three years for traders or twenty-plus years for long-term owner-occupiers.

Lease Tenure and Long-Term Ownership Implications

Understanding the underlying lease tenure of units within The Amore proves essential for purchasers contemplating medium to long-term holding periods. Leasehold properties in Singapore experience gradual value decay as the lease duration diminishes, with market evidence consistently demonstrating that properties below 80 years' lease remaining attract progressively deeper discounts relative to comparable freehold or longer-lease alternatives. Prospective buyers should verify the exact lease commencement date and calculate remaining tenure from the intended purchase date, factoring in potential impacts on future resale value when the property approaches the 30 to 40-year threshold.

For investors, lease tenure considerations carry particular significance, as institutional buyers and owner-occupiers typically resist acquisition of properties with fewer than 60 years remaining. This temporal dimension should inform exit strategy planning, particularly for those purchasing with intention to hold beyond 20 to 25 years. Properties with strong underlying leases retain greater optionality, permitting flexible exit timing without artificial urgency-driven pricing concessions.

Competitive Landscape and Comparable Properties

The Amore operates within a competitive environment including several established residential developments within a one-kilometre radius of Edgedale Plains. Comparable projects in the immediate vicinity offer varying unit configurations, facility offerings, and age profiles, each attracting distinct buyer segments. Prospective purchasers should exercise due diligence in evaluating The Amore against these nearby alternatives, specifically comparing cost-per-square-foot metrics, facility standards, and transport accessibility to construct informed valuation frameworks.

Recent transaction data from comparable Edgedale developments provides useful benchmarking for evaluating The Amore's pricing, particularly when accounting for variables such as unit size, floor level, and view orientation. Properties with superior MRT station proximity and newer facility standards typically command small premiums, typically in the 3 to 8 per cent range relative to older stock in the precinct. This pricing gradient supports The Amore's positioning within the broader market and provides confidence regarding future resale scenarios.

Floor Level Strategy and Unit Selection Optimization

Within The Amore's physical structure, floor level selection carries meaningful implications for both enjoyment and long-term value retention. Lower floors typically attract slightly lower pricing but may present less desirable outlook characteristics and potentially higher ambient noise exposure from street-level activity. Mid to upper-floor units generally command premiums reflecting superior views, reduced noise intrusion, and enhanced natural ventilation—premiums typically ranging from 2 to 6 per cent above equivalent lower-floor units.

Corner units and those positioned to maximise natural light often achieve pricing ahead of standard mid-stack configurations, though the magnitude of these premiums varies considerably depending on site geometry and surrounding streetscape characteristics. Investors evaluating unit selection should balance personal preferences with anticipated resale demand, recognising that the broad middle market typically prioritises practical functionality over architectural distinctiveness, potentially limiting the exit flexibility of highly customised or unusual unit configurations.

Frequently Asked Questions

What estimated rental yield can investors expect from purchasing a unit at The Amore?

Units at The Amore typically generate rental yields in the range of 3.5 to 4.5 per cent annually, based on current market rental rates for comparable properties in the Edgedale Plains catchment. This yield range reflects the development's location advantage near Kadaloor LRT Station, which generates consistent tenant demand from professionals commuting to central employment nodes. Actual yields vary depending on specific unit configuration, floor level, and lease length negotiated with tenants, though the neighbourhood's established residential character and transport accessibility support relatively stable rental demand patterns with limited vacancy exposure.

How does The Amore's pricing compare to recent price-per-square-foot transactions in Edgedale?

The Amore's pricing aligns with recent comparable transactions in the Edgedale precinct, with units generally offered from S$1.68 million upwards, translating to approximately S$1,530 to S$1,650 per square foot depending on specific unit characteristics and floor level. Recent sales of comparable properties in the broader Edgedale area have traded within similar price bands, validating The Amore's positioning relative to the underlying market. Prospective buyers should conduct individual transaction research for units of matching configuration and floor level to establish personalised valuation benchmarks, as pricing nuances can exist between corner units, different floor clusters, and those with varying view characteristics.

What is the impact of Additional Buyer's Stamp Duty (ABSD) for second-property buyers considering The Amore?

Singapore Citizens purchasing The Amore as a second residential property must account for the 20 per cent Additional Buyer's Stamp Duty, which adds substantially to total acquisition costs at this development's price point. For a unit purchased at S$1.68 million, the ABSD would approximate S$336,000, materially increasing the overall cost-of-ownership calculation. This ABSD obligation should be incorporated into financing planning and return-on-investment assessments for investors, as it reduces the effective equity contribution available and impacts overall internal rate of return calculations. Buyers should consult with conveyancing professionals to understand precise ABSD liabilities based on their specific ownership situation and citizenship status.

How does lease decay risk affect the long-term resale value of units at The Amore?

As a leasehold property, The Amore units experience gradual lease decay that accelerates value depreciation once remaining lease tenure falls below 80 years. Market evidence demonstrates that properties approaching 30 to 40 years' lease remaining face increasingly steep discounts relative to comparable longer-lease alternatives, potentially reducing resale value by 20 to 30 per cent or more depending on specific lease duration and market conditions at time of sale. Purchasers contemplating holding periods exceeding 20 to 25 years should carefully calculate remaining lease tenure from intended purchase date and factor potential lease decay impacts into long-term wealth creation expectations. Properties with strong underlying leases retained at acquisition provide superior optionality for exit timing and generally achieve more resilient resale prices regardless of market conditions.

How does The Amore's proximity to Kadaloor LRT Station affect demand and capital appreciation potential?

The Amore's location just six minutes' walk (510 metres) from Kadaloor LRT Station provides a significant demand catalyst, attracting both owner-occupiers seeking convenient commute access and investors targeting tenant bases from professionals valuing transport connectivity. Properties within walking distance of major transport nodes historically demonstrate superior capital appreciation relative to those requiring longer commutes, with studies indicating appreciating properties near MRT/LRT stations outperforming broader market indices by 1.5 to 2.5 per cent annually over 10-year cycles. Ongoing infrastructure investments at the Kadaloor interchange and potential expansion of the PE Line network could further enhance The Amore's strategic positioning, supporting sustained demand and potentially unlocking further value appreciation. Conversely, future transport network adjustments or competition from newer projects at similarly accessible locations could moderate near-term appreciation expectations.

Which buyer profiles find The Amore most suitable, and what are their specific value drivers?

First-time property buyers appreciate The Amore's modern specifications and generous unit sizes relative to entry-level stock elsewhere, with the Edgedale location offering established neighbourhood amenities without commanding central-area pricing premiums. Upgrading owner-occupiers benefit from the development's spacious configurations and contemporary finishes, enabling meaningful improvements in living standards compared to smaller starter properties. High-net-worth investors pursuing portfolio diversification find The Amore's rental yield characteristics and leaseholder capital preservation features compelling, particularly given the neighbourhood's stable tenant demand and established residential character. Young professionals and couples value the transport accessibility and proximity to social amenities, supporting strong owner-occupation fundamentals. Each buyer profile should evaluate The Amore against alternative properties aligned to their specific investment horizons and wealth objectives.

What Total Debt Service Ratio (TDSR) and financing headroom apply to purchasers at The Amore's price points?

At The Amore's typical price range from S$1.68 million, buyers require gross monthly household incomes exceeding S$8,500 to service conventional 80 per cent mortgages comfortably under current interest rate assumptions and the Monetary Authority's TDSR ceiling of 60 per cent. First-time property buyers may access enhanced loan-to-value ratios and favourable interest rate products, improving financing accessibility at these price points and reducing required income thresholds by approximately 10 to 15 per cent. Investors and secondary property purchasers face stricter lending criteria and the additional ABSD liability, effectively requiring higher equity contributions and stronger debt service capacity to achieve successful mortgage approval at comparable purchase prices. Prospective buyers should engage financial advisors to model specific financing scenarios incorporating their personal income profiles, existing liabilities, and intended holding periods to determine comfortable borrowing capacity.

How does The Amore compare to competing developments within the Edgedale precinct?

The Amore competes within a defined competitive set of established residential developments offering comparable unit sizes and proximity to Kadaloor LRT Station, with nearby alternatives typically attracting similar buyer demographics and rental tenant profiles. Competing developments in the precinct vary considerably in age, with older stock trading at meaningful discounts reflecting deferred maintenance and facility aging, whilst newer launches command premiums justified by contemporary specifications and enhanced amenities. The Amore's positioning between these extremes offers compelling value, particularly for purchasers prioritising modern construction standards without absorbing the premium pricing commanded by very recent completions elsewhere. Prospective buyers should conduct detailed comparative analysis of neighbouring developments' transaction histories, facility specifications, and current asking prices to establish confident valuation frameworks and ensure purchase decisions align with underlying market fundamentals.

Which unit stack or floor level offers optimal value within The Amore?

Mid-stack units (typically floors 8 to 15) at The Amore generally offer optimal value, capturing benefits of superior natural ventilation and reduced street-level noise exposure without commanding the premium pricing associated with highest-level units. Lower-floor units typically discount 2 to 4 per cent relative to mid-stack equivalents, reflecting marginally reduced outlook characteristics and potential exposure to street-level ambient noise, though remaining suitable for owner-occupiers prioritising budgetary constraint over view preferences. Upper-floor units command premiums of 3 to 6 per cent reflecting commanding views and enhanced prestige perception, though this premium may not translate into comparable capital appreciation over medium-term holding periods. Investors evaluating floor selection should prioritise accessible mid-stack configurations, as these typically attract the broadest prospective tenant base and demonstrate superior lease turnover characteristics relative to either extreme of the building's vertical distribution.

What future supply pipeline in the Edgedale district could affect The Amore's competitive positioning?

The Edgedale precinct experiences a measured new supply environment, with planning approvals suggesting selective rather than aggressive residential development pipeline over the next three to five years. This supply constraint supports The Amore's long-term relevance, as properties established within the immediate catchment should retain appeal amongst buyer segments unable or unwilling to transact at premium rates commanded by newer launches elsewhere in the broader district. Future developments targeting the Edgedale location would likely focus on either boutique ultra-premium offerings or larger-scale projects at alternative sites within the immediate vicinity, neither of which pose immediate competitive threats to The Amore's market position. Property seekers should monitor planning authority updates and developer announcements to assess whether new competitive supply emerges that might moderate near-term demand dynamics or pricing appreciation expectations for existing developments like The Amore.

The Amore — From S$1.7m