Riverfront Residences: A Glimpse of Paradise
Riverfront Residences, formerly known as Rio Casa, is a new launch condo development that graces the scenic locale of Hougang Ave 7 in District 19, Singapore. The esteemed estate of Rio Casa, originally an HUDC estate, was successfully acquired for S$575 million by a joint venture company, Oxley-Lian Beng Venture. The joint venture partners include KSH Development, Oxley Holdings, Lian Beng Group, and Apricot Capital.
Spanning the picturesque landscape of Hougang Avenue 7, Riverfront Residences is made up of seven blocks, housing a total of 286 apartment and maisonette units. With an extensive site area of 36,811.1 square meters, this development has been zoned for residential use under the Master Plan 2014, boasting a gross plot ratio of 2.8. This translates to a maximum permissible gross floor area of approximately 1.1 million square feet.
KSH Holdings, with a 35 percent stake in the joint venture, has committed to funding its share of the acquisition through internal resources and bank borrowings. Oxley Holdings holds another 35 percent interest, while Lian Beng Group has a 20 percent share, and Apricot Capital holds the remaining 10 percent.
Amenities in Proximity to Riverfront Residences
MRT / LRT Stations:
- Hougang MRT Station
- Buangkok MRT Station
Supermarkets:
- Giant
- NTUC Fairprice
Schools:
- Chij Our Lady Of The Nativity
- Holy Innocents’ Primary
- Punggol Primary
- Montfort Primary
- North Vista Primary
- Palm View Primary
- Xinghua Primary
- Yio Chu Kang Primary
- North Spring Primary
- Holy Innocents’ High School
- Serangoon Secondary
- North Vista Secondary
- Monfort Secondary
- Seng Kang Secondary
- Yuying Secondary
Stadium:
- Hougang Stadium
Why Stay or Invest in Riverfront Residences?
- Prime Location: Riverfront Residences occupies a prime location in the heart of Hougang, offering residents unparalleled access to numerous amenities, making it more than just a residence; it’s a lifestyle hub.
- Proximity to Educational Institutions: Families with children will appreciate the development’s proximity to a wide array of reputable schools, ensuring that educational needs are met without hassle.
- Shopping and Dining Paradise: With Giant and NTUC Fairprice nearby, residents can enjoy convenient grocery shopping. Additionally, the development is within easy reach of shopping and dining destinations, guaranteeing a delightful culinary and retail experience.
- Efficient Transportation: Riverfront Residences is well-connected to Hougang MRT Station and Buangkok MRT Station, making daily commutes a breeze.
- Large-Scale Development: With a diverse range of housing options, from apartments to maisonettes, Riverfront Residences caters to various lifestyle and investment preferences, making it a versatile and comprehensive living experience.
In conclusion, investing in Singapore’s real estate market offers a stable and lucrative investment opportunity. Riverfront Residences, formerly known as Rio Casa, is a testament to the rich potential that this market holds. Its prime location, proximity to educational institutions, shopping and dining facilities, efficient transportation options, and large-scale development make it a compelling choice for both families and investors. Experience the perfect blend of serenity and convenience at Riverfront Residences. It’s not just an investment; it’s a gateway to an enriched lifestyle in the heart of Hougang. Don’t miss the chance to invest in your dream lifestyle. Invest in Riverfront Residences, where the river’s tranquility meets urban convenience.
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Riverfront Residences Resale & Leasing Team
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