The Glyndebourne, a 150-unit proposed freehold condo slated to be built on the Copthorne Orchid Hotel site along Dunearn Road, is expected to go on the market as early as next week, according to a BT report.
Market watchers suggest the average price could be about $2,000psf.
Unit sizes are said to range from about 690sqft for a one-bedroom apartment with a study to 3,563sqft for a five-bedroom penthouse.
City Developments Ltd (CDL) is managing the marketing of the condo on behalf of its hotel unit Millennium & Copthorne Hotels, which owns the hotel.
Earlier this month, BT reported that the closure of the hotel has been delayed by at least three months.
It will now continue to take bookings until March 31, 2011, instead of shutting down at the end of this year as initially announced.
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