Hougang Avenue 7, District 19
Riverfront Residences condominium is located at Hougang Avenue 7 with Oxley-Lian Beng Venture Pte Ltd acquired the complete property (Rio Casa) for a price of S$575 million. Oxley has also paid an amount of S$208 million for a new 99 years lease plan. Oxley plans to develop the site to an average gross plot ratio of 2.8, with the price per sq ft of the land coming to an estimate of S$706.
Project Detail
Riverfront Residences
| Project Name | Riverfront Residences |
| Developer | Hoi Hup Sunway Sengkang Pte Ltd 16 Jalan Kilang #07-01 Hoi Hup Building Singapore 159416 ROC: 201624592R |
| Description | PROPOSED EXECUTIVE CONDOMINIUM HOUSING DEVELOPMENT COMPRISING 10 BLOCKS OF 16-STOREY RESIDENTIAL UNITS WITH SWIMMING POOL, ANCILLARY FACILITIES (TOTAL 628 UNITS) AND 2 BASEMENT CARPARKS ON LOT 02924T MK 21 AT ANCHORVALE LANE (SENGKANG PLANNING AREA) |
| Address | Lot 02924T Mk 21 at Anchorvale Lane |
| Status | Executive Condominium |
| Total No. of Units | 628 |
| Site Area | 21,014.60 sqm |
| Plot Ratio | 3.30 (inclusive of Balconies) |
| Gross Floor Area (GFA) | 69,348.18 sqm |
| Tenure of Land | 99 years from 5 September 2016 |
| Legal TOP/Legal Completion | 4 September 2020/4 September 2023 |
| Encumbrances on the land | Mortgage in favour of United Overseas Bank Limited |
| Breakdown of Units | No. of Units | Size Range (Subjected to approval) |
| 3 bedroom | 484 | 84 sqm – 108 sqm 904 sqft – 1163 sqft |
| 4 bedroom | 112 | 110 sqm – 119 sqm 1184 sqft – 1281 sqft |
| 5 bedrooms | 32 | 138 sqm 1485 sqft |
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