RIVERFRONT RESIDENCES for Sale
RIVERFRONT RESIDENCE FOR SALE
Riverfront Residences is a 99-year leasehold condominium located at blocks 41,43,45,47,49,51,53,57, 59 and 99 Hougang Avenue 7in District 19. Blocks 55 and 59 along Hougang Ave 7 house the 21 units of strata terraces (townhouses). Sitting on the land size of 36,811 sq.m. or equivalent to the size of 6 football fields, it has 1472 units spread over 10 blocks. It also has 101 facilities contained in the condominium to cater to all ages. This ultra-modern condo for sale at Riverside Residences is a 2 bed One bath unit with a dumbbell layout configuration located at 43 Hougang Avenue 7, Singapore 533814.
3 Ways To Assess The Attractiveness Of A Property
Location, Features, Developers
- URA 2019 Master plan (An overview of location and neighbourhood)
Potential Development Opportunities: According to the URA 2019 Master Plan by the Urban Redevelopment Authority of Singapore, Paya Lebar Air Base, which is located across from Riverfront Residences, is set to undergo a transformation. The area, approximately the size of 5 Toa Payoh towns, will likely experience significant development. This transformation is expected to create increased demand for properties in the vicinity, making Riverfront Residences an attractive investment opportunity.
Improved Connectivity: The upcoming Cross Island Line, slated to be completed by 2029, will greatly enhance connectivity in the area. This new transport infrastructure will significantly reduce travel time to prominent locations such as Jurong Lake District, Punggol Digital District, and the Changi region. The improved accessibility to these key areas will not only benefit residents but also contribute to the overall desirability of Riverfront Residences as a location.
Proximity to Renowned Schools: Riverfront Residences is located within a 1-kilometre radius of CHIJ Our Lady of Nativity and Holy Innocents' Primary School, both of which are highly regarded educational institutions. The presence of these renowned schools in close proximity to the condominium is a significant advantage for families with children, as it provides convenient access to quality education, making the property an appealing choice for families seeking a residential unit.
By considering these factors, potential buyers can make an informed decision regarding the investment potential and desirability of Riverfront Residences as a place to buy property.
- Convenient Amenities near RIVERFRONT RESIDENCES property (features, amenities and transport routes)
Riverfront Residences is surrounded by a range of amenities that cater to residents' daily needs. Within the vicinity, residents can find multiple NTUC FairPrice supermarkets, providing convenient access to grocery shopping. Furthermore, for those in need of a quick bite or a late-night meal, there are several 24-hour coffee shops in the area. In terms of shopping options, residents can explore nearby malls such as Hougang Mall, Kang Kar Mall, and The Midtown, which offer a diverse range of retail outlets, dining options, and entertainment facilities. These malls provide residents with ample choices for leisure activities, shopping sprees, and satisfying their culinary cravings.
For further exploration, residents can conveniently reach Kovan MRT station, just one stop away from Hougang MRT, where they will find Heartland Mall and an abundance of eateries that stay open late into the night, satisfying late-night cravings. Moreover, a short two-stop journey to Serangoon MRT brings residents to NEX, a mega shopping mall that offers a plethora of retail options, dining establishments, and entertainment facilities. With these amenities within close proximity, residents of Riverfront Residences can enjoy the convenience and vibrancy of the surrounding area.
It has 101 facilities and a sheer way to elevate your lifestyle.
- Developer, Tenure and Date of completion (TOP)
Riverfront Residences is developed through a joint venture comprising esteemed entities in the real estate industry.
Oxley Holdings Limited, a reputable developer known for its diverse portfolio of residential, commercial, and industrial projects, brings a wealth of experience and expertise to the table.
KSH Holdings Limited, with its strong track record in construction and property development, adds a solid foundation to the joint venture.
SLB Development Ltd, a company committed to creating quality homes, brings its expertise in residential developments to the collaboration.
Lastly, Apricot Capital, known for its astute investment strategies, contributes its financial strength and industry insights.
With the combined expertise, experience, and financial stability of these renowned developers, homebuyers can have confidence in the quality and success of Riverfront Residences as a well-crafted and desirable residential development.
RIVERFRONT RESIDENCE is awaiting completion and is slated to be completed in 2023 and key collections to follow suit. The Land has a 99 years lease starting from 31 May 2018.
- Layout and Rentability
This unit at Riverfront Residence has a dumbbell-shaped layout where the rooms are tucked on opposite sides with the living and dining rooms sandwiched in between. This eliminates the need for long corridor walkways. Dumbbell shaped layout is considered one of the most space-efficient layouts.
FLOOR PLAN 614 sq ft (B3)
Being on a very high floor, this unit has unblocked views and offers you a top-of-the-world experience.
The asking price is $1,100,000 or $1792 p.s.f (Maintenance Fee of $279 per month)
The prevailing rent for a unit of similar size to the condominium is going around $4500 per month.
Pricing, availability and size
- Exclusive Listing at Riverfront Residence
Enjoy the unblocked views and be spoilt with the unobstructed views. Located on a very high level, this unit will have good wind-flow ventilation while allowing prospective owners to enjoy the panoramic view.- Great Investment Opportunity at Riverfront Residence (Price)
- RiverFront residence for rent (availability)
- En Bloc Potential
It is one of the largest sites in Hougang, 36,811sq.m, in fact, the largest in Hougang which is the result of the successful enbloc of the former Rio Casa HUDC in 2018.- Size
The size of the unit is 614sq. ft. (2 bedroom unit with 1 bath )
- Unit mix
1 bedroom (43-54 sq.m) has 281 units
1 + study (48-59 sq.m) has 202 units
2 bedroom (56-64 sq.m) has 262 units
2 bedroom premium (67-80 sq.m) has 168 units
3 bedroom (81-101 sq.m) has 232 units
3 bedroom premium (99-120 sq.m) 204 units
4 bedrooms (131-151 sqm) 34 units
4 bedroom premium with private lift (138-159) 51 units
5 bedroom premium with private lift (156-177) 17 units
Strata Terraces (4 bedrooms with private carpark) 21 units
Conclusion / Reviews
For buyers considering the Riverfront Residences, this development presents a unique opportunity to invest in a property that is not only situated in a region that is on the cusp of significant future growth with the transformation of the Paya Lebar Airbase but also, its connectivity with key infrastructure and amenities once the Cross Island Line takes shape in 2029. This makes the property an attractive option for both investors and homebuyers looking for a prime location with great potential for appreciation.
Click for a similar listing 431 sq.ft One Pearl Bank for sale at $1,180,000 (Brand New)
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The tagline "making the REEL talk in your property" sums up our intention on how the property can be presented to the market. Edwin is also the founder of the Property Upscale Framework (PUF) where a home is carefully spruced up and then presented to the public. This methodology has helped many of our homeowners to sell their properties. For enquiries, you can contact us directly at https://wa.me/6590614566
Units nearby include Florence Residences, Sengkang Grand, Affinity at Serangoon etc