Property developer UOL Group said it will release 100 units of its Spottiswoode Residences project for preview on Friday.
UOL expects the units to fetch about S$1.05 million for a one-bedroom apartment to S$2.67 million for a three-bedroom unit.
The developer added that sizes for typical one-bedroom to three-bedroom apartments vary from about 600 square feet to 1,400 square feet.
This works out to a price of about S$1,700 to S$2,100 per square foot.
Meanwhile, UOL also said that it might retain some units for later sale due to a potential upside.
The upside may stem from plans to turn Tanjong Pagar into a waterfront neighbourhood when the lease for the nearby port expires.
The 351-unit condominium at Spottiswoode Park Road, comprising a single-storey block, is expected to be ready by May 2014.
Source : Channel NewsAsia – 11 Nov 2010