V On Shenton's residential part set for launch

UNITED Industrial Corporation Limited (UIC) will be launching the residential segment of its latest upmarket mixed development, V On Shenton, by the end of the month to cater to city-loving urbanites.

The 99-year-leasehold commercial and residential project located along Shenton Way will feature 510 residential units, comprising a mix of studios (441 sq ft to 474 sq ft), one-bedders (484 sq ft and 506 sq ft), one plus study (689 sq ft to 743 sq ft), two-bedders (883 sq ft to 1,033 sq ft), two plus study (1,055 sq ft to 1,216 sq ft), three-bedders (1,356 sq ft to 1,765 sq ft), and penthouses (3,315 sq ft to 7,255 sq ft) units.

However, only 100 to 200 units will be released during the opening launch at an indicative pricing of $2,200 to $2,300 per square foot (psf), said the developer.

The cheapest unit in the development of slightly under 500 sq ft is priced attractively below the $1 million mark.

The 54-storey skyscraper residential block comes with its fair share of offerings, which include a lap pool, gym, laundromat and even swanky outdoor island kitchens, and many of the higher-floor units will boast unblocked sea and city views.

V On Shenton is within walking distance from the Raffles Place and Tanjong Pagar MRT stations and close to popular venues such as the Marina Bay Financial Centre, Gardens by the Bay, Singapore Flyer and Esplanade Theatres on the Bay.

Those who drive will be happy to know that the development will have around 588 car park lots (which exclude six handicap lots and three power charging lots), with each unit entitled to one lot.
V On Shenton is slated to be completed by late 2017.

Source: Business Times – 20 July 2012