The new homes have a median price of $1.3m, and they’ll cost around $1m to build.
The project has been designed by Bjarke Ingels Group, which was the developer behind the popular Condos in the Sky project, and will be built on the same site.
The new condos will also be a mix of affordable and luxury homes.
The projects will be available in October and November, with an expected completion date of late next year.
The developer said the projects are “significantly cheaper” than other properties, but said they are also “signature condominiums” that will be “signifying of the future of luxury condo development”.