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riverfront residences Hougang Ave 7 Last updated on 2018 August 02 02:08

$ 591,000.00  Guide Price
Bedrooms
Bathrooms
Floor Size 0.00 sqm
PSF inf
Property Type Apartment / Condo
Classification Condominium

About Riverfront Residences Condo


Riverfront Residences (Former Rio Casa) is an upcoming residential development by Oxley-Lian Beng Venture Pte Ltd, a joint venture between KSH Development, Oxley Holdings, Lian Beng Group and Apricot Capital.

Strategically located along Hougang Avenue 7, District 19, Singapore, the development has a site area of 396,234 sq ft, and comprises 1,400 one to five bedroom units.


The former Rio Casa @ Hougang Avenue 7, was a development with 7 blocks and a total of 286 residential units. The Site at Hougang Avenue 7, has a total area of 396,234 sqft of prime land, which can be maximized to provide a Gross Floor Area (GFA) of about 1,109,447 sqft at plot ratio of 2.8.

After considering the toping up of lease to 99 years and development charges, which could be around $208 million, the estimated land price would work out to be around $706 per sqft PPR based on the maximum GFA of 1,109,447 sqft.

The new project @ Hougang Avenue 7, could potentially yield about 1,400 residential units, base on an average of 750 sqft per unit.


New Launch Condo @ Hougang Avenue 7 is expect to garner strong interest due to many positive site attributes such as:

– Enjoys a 200m meters water front view along the Sungei Serangoon River.

– Close proximity to amenities such as Hougang MRT Station, Bus Interchange.

–  Right next to Serangoon Park Connector, surrounded by vast greenery.

– Property experts do not expect any new launch in the vicinity within short to midterm.

Project Details

Developer
Tenure 30
Completion Year
No. of floors
No. of units

Gallery

(3 photos)

Gallery

(6 Floor plan)

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