iCompareLoan Editorial Team
Image Credits: Riverfront Residences, Oxley Holdings Ltd
Riverfront Residences is a brand new condominium development located in Hougang Ave 7, District 19. The site, which was formerly known as Rio Casa, is on a 99 years leasehold tenure and was acquired by Oxley-Lian Bent Venture at a cost of S$575 million. And the condo project is currently being run by Singapore’s well-known Oxley Holdings Ltd in joint venture with KSH Holdings Ltd, Lian Beng Group and Apricot Capital.
Sitting on a staggering 36,811 square meters piece of land, the condo project will consist of 9 blocks each with 17 storeys. The entire development will have a total of 1472 residential units and 6 shops. In terms of configuration, Riverfront Residences will feature a mix of 1 to 5 bedrooms as well as 21 strata landed houses that can meet different tenant needs.
Water View Frontage
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One of the things that make Riverfront Residences one-of-a-kind is its stunning waterview frontage that allows residents to enjoy the relaxing view of the river and the serene greenery around, right from their windows. The development will ideally feature an unblocked 200-meter frontage in the various blocks, something that creates a true riverfront living amid an urban setting.
Condo Facilities
Residents of Riverfront Residences will have access to 92 top notch facilities in 7 zones that anyone would desire for a modern luxury home space. Some of the key lifestyle amenities available within the condo include 3 holiday villa-style pavilions, 3 swimming pools (50m Mangrove Pool, 75m River Pool and 20m Kids Pool, lounge deck, kids
playground, BBQ pavilion, adventure playground, tennis court and multi-purpose court.
Other notable luxury facilities within the condo include:
-3 coves (botanic cove, resort cove and lifestyle cove)
-Aqua gym
-Gymnasium (2nd storey)
-Outdoor TRX Fitness
-Kid’s rock climbing
-Stream dining
-KTV/movie room
-Forest Cabana
-Jogging track
Nearby Amenities
Transport
Riverfront Residences is nestled in vibrant and mature neighborhood that’s well-connected to a number of transport amenities that make access to the city and other parts of Singapore convenient. The residential development is in close proximity to Hougang MRT, Buangkok MRT and Kovan MRT stations. The Hougang Bus Interchange is located directly above the Hougant MRT Station and facilitates swift transport to and fro Hougang Town. That means getting around will not really be a big deal for the future residents of Riverfront Residences.
Shopping Malls
The residence’s strategic location in Hougang provides easy access to a number of upscale malls, which residents can shop in. Most of the malls are located less than 10 minutes’ drive away from the residential development so residents can shop for stuff as frequent as they wish.
Here are the major malls found close to the residence:
-Hougang Mall
-Kang Kar Mall
-The Midtown
-Heartland Mall
Schools
Future residents of Riverfront Residences will have lots of options when it comes to taking their children to school. There are already many schools, ranging from elementary to college, existing in the neighborhood and less than 3 km away from the residential.
The following are the main schools located near Riverfront
Residences(less than 10 minutes drive away):
-CHIJ (Our Land of the Nativity)
-Monfort Junior School
-Holy Innocent’s High School
-Serangoon Secondary School
-Mustard Seeds Learning Centers
-Serangoon Junior College
-Rhymesland Educare
Riverfront Residences Selling Price
Based on Riverfront Residences’ opulent design and its location in the mature District 19, one would expect the selling price per square foot to be a bit expensive. However, the prices will likely be influenced by the neighboring residences like Boathouse Residences, Midtown Residences, Kingsford Waterbay and Naung Residence. Based on market analysts, the selling price for Riverfront Residences will range between S$1,370 and S$1,580 psf.
Note: The prices are bound to change based on market sentiment
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