Hagan Homes is developing the new homes at a site on the Upper Newtownards Road.
The 30 two-bedroom apartments will take up nine months to complete. Approximately 50 construction jobs will be created.
Phase 1 of the development is scheduled for completion in February 2017 and the entire site is due for completion by May 2017.
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Jamesy Hagan, Managing Director, Hagan Homes, said: "We are delighted to announce our plans for the new housing development on Upper Newtownards Road in East Belfast. It is a clear indication of Hagan Homes' confidence in the local market and a further sign of rejuvenation in the construction sector.
"Demand for superior homes offering value in Northern Ireland is high and the Upper Newtownards Road development offers homebuyers the opportunity to live within Dundonald village which is convenient to key arterial routes as well as a wide range of amenities and entertainment. The two bedroom apartments are designed to appeal to all demographics, whether first-time buyers, young professionals or downsizers."
(CD/JP)
