United Industrial Corporation (UIC) is set to launch the residential component of its V On Shenton development by the end of the month.
Located along Shenton Way, the 99-year leasehold mixed development will offer 510 housing units catering to city-loving urbanites. Units include studios, one-bedders, one plus study, two-bedroom units, two plus study, three-bedders and penthouses.
Only 100 to 200 units will be released at the launch at an indicative price of between S$2,200 and S$2,300 psf. According to the developer, the most affordable apartment would be priced below S$1 million and is slightly smaller than 500 sq ft.
The 54-storey residential tower will feature a lap pool, Laundromat, outdoor island kitchens and gymnasium. Most of the higher-floor units will offer unobstructed views of the sea and city.
V On Shenton also offers proximity to Tanjong Pagar and Raffles Place MRT stations, Marina Bay Financial Centre, Singapore Flyer, Esplanade Theatres on the Bay and Gardens by the Bay.
Set for completion by 2017, V On Shenton will also have 588 car park lots.
The 23-storey office tower will not be released for sale and will be kept for the group’s own investment purposes.
Source PropertyGury – 2012 Jul 20