Private previews for condominium Cuscaden Reserve in the centre of Orchard Road are expected to start in the third quarter of the year.
Singapore luxury property developer SC Global Developments, Hong Kong-listed developers and hotel operators New World Development and Far East Consortium won the tender for the 99-year leasehold site with a joint bid of S$410 million in April last year – a bid which set a new record for residential government land sales sites.
The 117-metre tall building – at 8 Cuscaden Road in District 10 – will have 192 units, which include one, two and three-bedroom variations. A majority of the units will have private lift lobby access to the apartments.
Located beside the upcoming Orchard Boulevard MRT Station on the Thomson-East Coast Line, the condo is also near high-end restaurants, hotels and lifestyle amenities.
The developers expect to attract both Singapore and international buyers. SC Global is working with New World Development on a Bauhaus-styled concept for the condo, said the developer.