Upcoming property launches

Property developers are set for project launches – from one-room units to upscale penthouses – over the coming weeks.

Those developers with new projects include UOL Group, Sim Lian Group, and United Engineers (UEL).

CapitaLand’s The Nassim and its 1,715-unit condo on the Farrer Court site (D’Leedon) are also expected to be launched by the end this year.

UOL Group has today released 100 out of the 351 units at Spottiswoode Residences, comprising a selection of one-, two- and three-bedroom apartments at prices ranging from $1.05 million for a one-bedroom apartment to $2.67 million for a three-bedroom unit. This works out to between $1,720 and $2,100 per sq ft (psf).

The project consists of mostly one- and two-bedroom units, but there are 25 three-bedders and seven penthouses. The unit sizes for one- to three-bedders vary from 603 sq ft to 1,421 sq ft, while a typical penthouse is 2,530 sq ft.

The freehold land, which will host a 36-storey tower, is next to Spottiswoode Park and close to Tanjong Pagar, which is slated to be transformed into a new bustling waterfront district once container terminals in the vicinity move out.

UOL Group’s COO Liam Wee Sin, who announced that the company may keep some units back for sale at a later date, said: ‘Coupled with the redevelopment of the Tanjong Pagar railway station, what we have is an attractive and exciting growth story which is compelling.’

Sim Lian Group is due to launch its VIP preview of the 696-unit Waterview along Tampines Avenue 10 on Tuesday, with the main launch next Friday.

The project is expected to sell at between $850 and $950 psf, with apartment sizes ranging from two-bedroom units of 786 sq ft to penthouses of 4,768 sq ft.

The 99-year leasehold project comprising 12 blocks of 15 storeys will have 56 four-bedroom apartments and 24 penthouses. The rest are two- and three-bedroom units, with half of them coming with an attached study.

UEL’s new executive condominium (EC) is also expected to launch soon. The 540-unit project located at the junction of Sengkang East Avenue and Buangkok Drive, is likely to be launched either next month or in January and will have six 18-storey towers.

It follows the launches of ECs Esparina Residences at Buangkok and The Canopy at Yishun earlier this year.

Elsewhere, agents are said to be canvassing interest for Suites at Eunos, Robinson Suites and a Keppel Land project next to Lakeside MRT station (Lakefront Residences).

COMMENTS