MCC Land, a unit of Hong Kong and Shanghai-listed Metallurgy Corporation of China, will be launching its Mediterranean-inspired condominium project, The Santorini, at Tampines Avenue 10 this Saturday.

The 597-unit condominium in Tampines New Town is surrounded by two large water bodies, Bedok Reservoir and Tampines Quarry. "The Santorini will be ringed by a continuous and scenic waterline, evoking a coastal Mediterranean feel," the developer said.

Market sources put the average price at $1,100 to $1,200 per square foot (psf).