|Project Name||Riverfront Residences|
|Developer||Rio Casa Venture Pte Ltd
Joint venture between Oxley Holdings Limited, KSH Holdings Limited, SLB Development Ltd and Apricot Capital
|Address||344 Hougang Avenue 7, Singapore 530344|
|Showflat Location||Hougang Avenue 7|
|Developer Sales Hotline||+6561000238|
|Est Indicative Selling Price Range||Break Even Estimated $1,100 psf|
|Tenure||99 years leasehold|
|Description||Riverfront Residences, Former En-bloc of Rio Casa. High Rise Full Facilities condominium|
|Site Area||36,811.1 sqm|
|Maximum permissible Gross Floor Area||1.1 million sq ft|
|Number of Units||1,400 units, assuming an average size of 70 sq m per unit.|
|Units Types||1 Bedroom
1 + Study
2 Bedroom Premium
3 Bedroom Premium
4 Bedroom Premium (Private lift)
5 Bedroom Premium (Private Lift)
Strata Terrace (4 brm, Private Carpark, 3 level)
|No. of Carparks||B1 – 589 (inclusive of Retail – 2 & Private Carpark for Strata Terrace – 21)
B2 – 885
Handicap – 9
|No. of Lifts||Residential Tower – 24 (inclusive of 2 private lift)
Clubhouses & Drop-off – 3
|Expected Vacant Possession||Vacant Possession: 31 Dec 2024
Legal Completion: 31 Dec 2027
|Architect||ADDP Architects LLP|
|Landscape||Ecoplan Asia Pte Ltd|
|M&E||DP Engineers Pte Ltd|
|C&E Engineer||KCL Consultants Pte Ltd|
|Quantity Surveyor||WTP Partnership (S) Pte Ltd|
|Main Contractor||Kim Seng Heng Engineering Construction (Pte) Ltd|
|Conveyancing Solicitor||Lee and Lee|
|Showflat Interior Designer||Index Design, SuMisura, Ensemble|
Riverfront Residences is a new launch condominium that is located along Hougang Avenue 7. This mega development is located in a mature housing estate. Having situated in an tranquil location next to the river, residents will get to enjoy breathtaking view of the serene surroundings and at the same time, seamless connectivity to all parts of Singapore.
The Riverfront Residences will have a site area of around 36,811.1 square metres, and would be likely to have in the region of 1,472 units, many of which would enjoy stunning views over the river, and the surrounding green landscape. The development will comprise of full pledge condominium facilities. There will be a good mix of bedroom type varying from One Bedroom to Five Bedrooms, 21 units of 4- Bedroom Strata Landed Houses will also be available in the development as well.
The site’s proximity to the Serangoon River is a big plus point, giving the development a relaxed and tranquil feel, but it doesn’t lack for amenities. Several primary and secondary schools – Chij Our Lady Of The Nativity, Holy Innocents’ Primary, Punggol Primary Holy Innocents’ High, Serangoon Secondary and North Vista Secondary – are within easy walking distance, as are The Midpoint, Eastpoint and Hougang malls.
The nearest MRT, about a ten to fifteen minute walk away, is Hougang on the North East Line, where there is also a bus interchange. The Hougang Central Integrated Transport Hub is scheduled to open its doors in 2023, which will be a further boost to transport in the area. Serangoon Park Connector runs along in front of the development, leading to Punggol and Serangoon Island.
Bus route 112 stops right outside the site, with several more only a short walk away. Both the KPE and TPE are easily accessible from the site, from which it is a short drive to Changi.
Shopping and Dining options
The Midtown mall is just 6 -7 minutes walk away while Hougang mall and Eastpoint mall are also just a short bus ride away. Slightly 1 to 2 MRT station away, there is the Heartland mall at Kovan MRT station, NEX shopping mall at Serangoon and Compass One Shopping mall at Sengkang MRT Station.
Some brief history of Riverfront Residences – Rio Casa
Rio Casa, another in a lengthening list of collective sales went through second quarter of 2017, paving way for a new residential development on the Hougang Avenue 7 site. Originally built by the HUDC in the 1980’s, it was privatised in 2014, before being bought by new owner Oxley-Lian Beng Venture Pte Ltd, who paid an additional sum to increase the lease back to 99 years.
Previously, Rio Casa is home to seven blocks, comprising of 286 apartments and maisonettes, and covers 396,231 square feet (36,811.1 square metres).