Est. Completion Yr
Total # of Units
Nearest MRT (<1000m)
Welcome to the world of Riverfront Residences! One of the most TO BE EXPECTED and AFFORDABLE Mega New Launch Condominium in the North-East Region of Singapore. What’s more, with the connectivity of the Hougang MRT station, just a few minutes short strolls away, will enhance it’s offering as one of the most accessible and well-connected residences.
Explore further why this is genuinely a Can’t-Miss development for first-time homebuyers, upgraders or property investors, given its price, strategic location and upside potential.
A Brief Summary Of The Most Important Facts And Figures
Riverfront Residences is a modern and luxury riverfront development that stands 17-storeys tall. It is a 99 years leasehold development, and the lease started from May 2018. The expected date of vacant possession, on paper, will be on December 2024.
Comprising 1451 residential units, it offers a great variety of options, from one to five-bedroom units in sizes ranging from 463 sq ft to 1,905 sq ft. There are 21 strata terraces (2110 sq ft) and six commercial shops (603 sq ft). Riverfront Residences was launched in July 2018, selling price starting from $5xxk onwards. Being Singapore’s largest condominium injects with exciting lifestyle and amenities in the neighbourhood, it is indeed a lucrative investment you wouldn’t want to miss.
Riverfront Residences condo will be developed by Oxley-led consortium (jointly developed by Oxley Holdings Ltd, SLB Development Ltd, Apricot Capital and KSH Holdings Ltd). They won the bid for the land (formerly called Rio Casa, an en bloc privatised HUDC estate) for $575 million, plus the lease’s top-up premium of $208 million in May 2018. It works out to about S$706 per square foot per plot ratio.
The best way to find out more about this development, to familiarise yourselves with the actual condo location, is to arrange a showroom viewing with us. The unique selling points, any upside potential, competitor market analysis, key features, finishes and floor plan layouts will be highlighted and presented to you for your consideration.
| Riverfront Residences | Condo Project Details |
|---|---|
| Developer | Rio Casa Venture Private Limited (JV between Oxley Holdings Ltd, SLB Development Ltd, Apricot Capital and KSH Holdings Ltd) |
| Project Name | Riverfront Residences |
| Tenure | 99-Years Leasehold w.e.f May 31, 2018 |
| Location | Hougang Ave 7 |
| Planning Area | Hougang |
| District | 19 |
| Site Area | 396,231.38 square feet / 36,811.1 square meters |
| # of Blocks | 9 Blocks |
| # of Floors | 17 Storeys |
| # of Units | 1451 Apartments 21 Strata Terraces 6 Commercial Shops |
| # of Car Park |
|
| Estimated Vacant Possession | December 31, 2024 |
| Architect | ADDP Architects LLP |
| Main Contractor | Kim Seng Heng Engineering Construction (Pte) Ltd |
| Project Account | UOB for project account number 451-308-246-5 OF RIO CASA VENTURE PTE. LTD. |
| Bedroom Types | SQFT | No. of Units | Est. Maint. Fee |
|---|---|---|---|
| 1 Bedroom | 463 – 581 | 281 | $159.60 |
| 1 Bedroom + Study | 517 – 635 | 202 | $159.60 |
| 2 Bedroom | 603 – 732 | 262 | $193.20 |
| 2 Bedroom Premium | 721 – 861 | 168 | $193.20 |
| 3 Bedroom | 872 – 1,087 | 232 | $193.20 |
| 3 Bedroom Premium | 1,066 – 1,292 | 204 | $193.20 – $226.80 |
| 4 Bedroom | 1,410 – 1,625 | 34 | $226.80 |
| 4 Bedroom Premium | 1,485 – 1,711 | 51 | $226.80 |
| 5 Bedroom Premium | 1,679 – 1,905 | 17 | $257.60 |
| Strata Terrace House | 2,110 | 21 | $327.60 |
| Commercial Shop | 603 | 6 | |
| Total | 1,478 | ||
Riverfront Residences, formerly Rio Casa (en bloc), will be developed by the well-known property developer Rio Casa Venture Private Limited (a joint-venture between Oxley Holdings Ltd, SLB Development Ltd, Apricot Capital and KSH Holdings Ltd).
They won the bid for the land on 25 May 2017, and it works out to about S$1,147 per square foot per plot ratio (estimated breakeven).
| Estimated Cost Breakdown | |
|---|---|
| Site GFA (SQM) | 103,071.0 |
| Land Price ($m) | $783 |
| Est. Construction Cost ($m) | $332.8 |
| Est. Land Financing ($m) | $54.8 |
| Est. Professional / Legal / Taxes ($m) | $86.9 |
| Est. Marketing / Others ($m) | $15.1 |
| Estimated Total Cost ($m) | $1,272.7 |
| Estimated Breakeven ($PSF PPR) | $1,147 |
Source: EdgeProp
Riverfront Residences is indeed a jewel to behold. Being the latest new launch property near to MRT (Hougang MRT), you are never far from the buzz of the best in Singapore. It is within the desirable and matured estate of Hougang, every imaginable amenities within effortless reach from shopping, dining, recreation, entertainment, sports, schools, healthcare, supermarkets, businesses and more.
In terms of accessibility, it has gone above and beyond. There will be a complimentary shuttle bus to Hougang MRT Station for the first year. A bus stop is at the doorstep and a bare 13 minutes walk to Hougang MRT Station, 5 minutes drive to Kovan MRT Station. If you are driving, we are also very near to expressways, about 5 minutes drive to Kallang Paya Lebar Expressway (KPE) and 14 minutes drive to Central Expressway (CTE). Furthermore, when the Cross Island Line (CRL) ready by 2029, it will link to major hubs like Changi Region, Punggol Digital District and Jurong Lake District. CRL will provide a faster commute and bring greater comfort to commuters.
Shopping malls such as the Hougang Mall, Hougang 1, Compass One, Heartland Mall, Nex Shopping Mall, Waterway Point, AMK Hub and Junction 8 Shopping Centre are all a stone’s throw away. You no need to worry about where to catch the movie with your friends, where to shop for the freshest of groceries, household supplies. Or, even weekend classes for your children, you have plenty of choices!
Hungry? Indulge in mouthwatering hawker foods at famous Chomp Chomp Food Centre. Explore the wonders of nature at Serangoon Park Connector, Punggol Park and North Eastern Riverine Loop. Stay active at Hougang Sports Hall and Safra Clubhouse (Punggol).
As for education, parents would be happy to know that your children will not have to travel far for their education anymore. To name a few schools within 1km, which includes CHIJ Our Lady Of The Nativity, Holy Innocents’ High School, Serangoon Secondary School, Punggol Primary School.
Being so near to vibrant Central Business District and Seletar Aerospace Park, Riverfront Residences is indeed full of investment opportunities. You do not need to worry about where to find future tenants or buyers.
Furthermore, with the strategic relocation of Paya Lebar Airbase, the upside potential for the property prices in the precinct is also something we can expect. It will free up 800ha of land from the year 2030 onwards. According to our Prime Minister Lee Hsien Loong, the area will be used to build new homes, new offices, new factories, new parks, new living environments and new communities. With the height restrictions being relaxed, the current low-rise buildings may be redeveloped and be able to build higher.
In a nutshell, Riverfront Residences is located at a treasured address with tremendous upside potential. Not only is it easily accessible, but an excellent calibration of all things worthwhile in life. The amenities available to residents are suitable for people from all walks of life.
Click the tab below to find out more.
Whether you're an investor looking for another great local residential property to invest in or you're thinking of settling your family down in one of Singapore's highly sought-after districts.
All you have to do is register your interest right now, and our appointed developer sales team will liaise with you to get you updated with any special promotional pricing or incentives.
Specially Designed To Create Unique Experiences
Riverfront Residences sits on a site of about 36,811.1 sqm (396,231.38 sq ft). It seeks to provide residents with a wide range of high-quality facilities and services. You can put sheer pleasure at the top of your daily agenda.
Come home to where the close-knit family are cultivated and grown. Riverfront Residences will feature 101 unrivalled condo facilities, including concierge services, three unique coves, three clubhouses, three holiday-villa style pavilions and 3 Swimming Pools and more.
To name a few: A modern and stylish drop-off to welcome you and guest home. The minute you step into the lobby, a friendly concierge will greet you. Enjoy an added personal touch of luxury. For those who love greenery, you can choose to spend time with nature and feel the soothing calmness in the arms of the Botanic Cove. Everyone loves to stay healthy. You can achieve your fitness goals at our Fitness and Boardwalk. All parents want their kids to do well in their studies, stay healthy and be happy. Let your child balance their lives and make new friends each day at the Kids Adventure. Relax and entertain with friends and family at River Lifestyle Cove. There are too many dining spaces for you to enjoy wine and cheese, fine-dining, or even BBQ.
There are extensive facilities for 365 days of entertainment. Whether it’s time out for yourself or playtime with friends and family, an unhurried and luxurious lifestyle is what you deserve.
Well-Designed Units With Spacious And Optimized Layouts
Here will be a home situated right in front of an actual turquoise blue river. You and your loved ones can enjoy the most advantaged urban getaway, bringing exclusive waterfront living to a whole new level. The 1,451 residential units plus 21 strata terraces at Riverfront Residences have been meticulously thought out, complete with quality fittings, and will be spread across nine seventeen-storey blocks. How to pick out the best out from 20 different layouts?
Choosing your preferred unit can prove to be a difficult decision. How to help you further zoom in and select the best suitable bedroom unit type that meets your desires and needs? We have prepared the Riverfront Residences Floor Plans (with filterable options) for your easy analysis. Let’s click the link below to explore further now.
Regular Updates On The Sales Summary And Price Guide For Available Units
Are you homebuyers or property investors who are looking for a good deal? We offer the latest pricing and selling information here. We will update it regularly for your easy reference and monitoring!
| Project Name | Min Price | Max Price | % Sold |
|---|---|---|---|
| Riverfront Residences | 1,679,400 | 2,174,640 | 99% |
| Bedroom Type | Min Price | Max Price |
|---|---|---|
| 1 Bedroom | 0 | 0 |
| 2 Bedroom | 0 | 0 |
| 3 Bedroom | 0 | 0 |
| 4 Bedroom | 1,935,960 | 2,174,640 |
| 5 Bedroom | 0 | 0 |
| Shop | 1,679,400 | 1,702,800 |
| Strata Landed | 0 | 0 |
Click the link below to Stay Tuned to the LATEST Sales & Pricing Updates. With the filterable option, you can easily find out more details about the percentage sold, available units, bedroom types, size and more.
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Following are some of the new launch condos that might interest you.
| Project Name | Est. TOP | Tenure | MRT < 1km |
|---|---|---|---|
| Riverfront Residences | 2024/12 | 99 Years | Hougang |
| Parkwood Residences | 2023/12 | 99 Years | |
| The Florence Residences | 2023/03 | 99 Years | Kovan |
| Kingsford Waterbay | 2018/12 | 99 Years |
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