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Riverfront Residences is a newly launched Singapore riverfront condominium situated along Hougang Avenue 7, occupying the former project Rio Casa HUDC that was sold to Oxley-Lian Beng Venture Pte Ltd in an en bloc deal for $575 million.
It is a joint venture by Oxley Holdings, KSH Holdings Limited, SLB Development and Apricot Capital. Facing Serangoon River and a park connector, the property provides scenic views overlooking lush greenery in a quiet neighbourhood and serves as links to other parts of Singapore.
Beyond that, homeowners will be able to enjoy the views of the landed houses of St. Xavier’s Lane and Jalan Kye Kwee. Due to its prime location, it requires a mere 10 to 12 minutes walk to Hougang MRT station, along the North-East line; making it extremely appealing for homebuyers as they are situated close to a wide range of amenities.
Spanning across 36,811 square metres in land area and having a plot ratio of 2.8, it offers a total of 1472 residential units with a different number of bedrooms to suit the needs of homebuyers and six retail shops for residents to relish in.
The developer, Oxley Holdings Limited, KSH Holdings Limited, SLB Development Ltd and Apricot Capital owns the property project for Riverfront Residences. As a home-grown property developer based in Singapore, Oxley Holdings Limited is managed by group CEA, Mr Ching Chiat Kwong. Ever since their humble beginnings in 2008, they have become a locally-renowned business in Singapore, with about 30 projects under their name.
Oxley has recently ventured into the global market by developing several properties in the United Kingdom, Japan, Cambodia and Myanmar. Furthermore, their company’s success has resulted in their name being listed on SGX Mainboard in February 2013. Due to its reputable business, Riverfront Residences has since gained popularity among many homebuyers and investors.
Another major partner of Riverfront Residences is KSH Holdings, which is another local household name as well. It is a holding company that comprises of many highly-esteemed and well-established groups of construction, property development and property management companies.
Dating its establishment back to 1979, they have rapidly expanded and grown over the years, and have been awarded many accolades over the years in honour of their quality work and outstanding contributions.
Their diversified portfolio includes projects that range from the construction of industries, commercial buildings and major institutions to residential buildings; all of which have been acknowledged for their top-notch quality.
Location: 344 Hougang Avenue 7, Singapore 530344
Description Of Property: 9 Blocks of 17-storey apartment, 21 Units of Strata Landed Houses, 6 Shops with two basement carparks, Landscape deck & Communal Facilities
No. Of Units: 1472 Residential Units
Carpark Lots: 1474 Lots (Excluding 9 Handicap)
Tenure Of Land: 99-Year Leasehold from 31 May 2018
Expected TOP (Temporary Occupation Permit): 31 Dec 2024
Expected CSC (Certificate of Statutory Completion): 31 Dec 2027
Land Size: 36,811.1 sqm
Developer: Rio Casa Venture Pte Ltd (A joint venture between Oxley Holdings Limited, KSH Holdings Limited, SLB Development Ltd and Apricot Capital)
Architect: ADDP Architects LLP
Landscape Consultant: Ecoplan Asia Pte Ltd
M&E Engineer: DP Engineers Pte Ltd
C&S Engineer: KCL Consultants Pte Ltd
Riverfront Residences is located in the mature estate of Hougang, where it only takes 10 to 12 minutes to walk to Hougang MRT as well as the bus interchange. This attributes to its high appeal among homebuyers.
With the Hougang Central Integrated Transport Hub expected to open in 2023 as well as the upcoming Cross Island Line soon, its prime location makes it extra convenient for commuters. Serangoon Park Connector is also located right in front of the development, linking Riverside Residences to Punggol, Serangoon Island, Pasir Ris, Tampines and other parts of Singapore.
For residents who prefer taking the bus, bus route 112 stops directly outside Riverfront Residences Condo, while other bus services are accessible at nearby bus stops that are a short walk away.
For drivers, it takes only two minutes to reach the Kallang-Paya Lebar Expressway (KPE), which leads to the central business district and town area in about 20 minutes. There is also the Tampines Expressway (TPE) that is in close vicinity, providing drivers with a quick route to the Changi area in just a few minutes.
The Midtown Mall is a mere 6 to 7 minutes walk away, while Hougang Mall and Eastpoint Mall are easily accessible via a short bus ride.
Moreover, travelling a few stops on the MRT will get you to the Heartland Mall at Kovan MRT station, Compass One shopping mall at Sengkang MRT station, NEX shopping mall at Serangoon MRT station and Waterway Point shopping mall at Punggol MRT Station; where you can find a wealth of dining options and retail shops, and even supermarkets like FairPrice and Ntuc.
Alternatively, you can also take a relaxing stroll through the Serangoon River park connector to reach Waterway Point shopping mall as well.
The Sengkang General Hospital is a specialist clinic and is the closest hospital to the estate. Open 24 hours every day, it is accessible by car and takes no more than five minutes to reach.
There are also several private clinics like My Family Clinic in Hougang Central, Sia & Yeo Hougang Clinic Pte Ltd, Care Medical Clinic and Central 24-HR Clinic. They are all situated just a stone’s throw away where only a short bus or car ride is needed.
Within a one-kilometre radius of Riverfront Residences is CHIJ Our Lady Of The Nativity , and Holy Innocents Primary School, a highly sought-after primary school in Singapore.
Furthermore, there is also Montford Junior and Secondary School, Serangoon Secondary School and Junior College, Punggol Primary Holy Innocents’ High, Xinhua Primary School, Punggol Primary School, Palm View Primary School, Yuying Secondary School, Yio Chu Kang Primary School, North Vista Secondary School and many more. Homeowners can easily send their children to school and pick them up after without much trouble.
Homeowners can take a stroll, cycle or jog through the Serangoon River park connector that will lead them to Punggol Park and its pond. Should they choose to walk there, it will typically take about five to six minutes.
Punggol Waterway is also highly accessible via the connector, where individuals can indulge in their favourite recreational activities. If homeowners wish to take a longer route, the park connector will also link them to Pasir Ris Park and Sunplaza Park in Pasir Ris and Tampines.
Riverside Residences has all that you need within its compound, offering a total of 101 condo facilities. Located within its premises are three clubhouses with different themes; catering to the different needs of its homeowners. The first clubhouse is designed as a co-working and study space, for residents to engage in work-related matters in a quiet and conducive environment.
The second clubhouse has two storeys to cater to families who wish to host larger gatherings and parties. It is equipped with a karaoke and movie room, a complete gymnasium and a dining room. Lastly, the third clubhouse is equipped with an all-inclusive kitchen for homeowners to prepare their meals with friends.
Riverside Residences also features three specially themed coves — the Botanic Cove, the Lifestyle Cove, and the Resort Cove. Additionally, the swimming pools were specially designed to have varying depths so that they can accommodate the needs of different swimmers in the estate.
Adult swimming pools such as the 50-meter Mangrove Pool or the 75-meter River Pool can be accessed by homeowners, while the 25-meter Kids Pool is suitable for the younger ones to wade in.
Private pools are also available for residents who crave for some serenity. Each private pool comes with a vacation-style resting pavilion for homeowners to unwind and relish in some quiet time after a day of work or during the weekends.
Last but not least, the condo has extensive boardwalks and gardens, offering residents with scenic pathways for leisure strolls; adding on to the nature-like atmosphere. For homeowners who prefer shopping for their groceries and necessities in a hassle-free and convenient manner, Riverfront is complete with six convenience shops as well.
Located in Hougang, one of its unique selling points of Riverfront Residences will definitely have to be its close proximity to Hougang MRT station, which will soon be part of the future Cross Island Line; further adding to its convenience for residents to commute to other parts of Singapore.
Homeowners can also expect unblocked river views from most of the units, which raises Riverfront Residence’s demand and appeal.
Riverfront Residences prides itself for offering quality homes for you and your loved ones. Every unit is equipped with branded appliances like Electrolux and Grohe, on top of the Fibaro smart home system.
Yale digital locks provide top-notch security, while Quarts kitchen countertops are extremely durable and made of the highest quality. The internal layout of each home is extremely spacious, and the non-PPVC construction offers residents with the ultimate flexibility of designing their dream homes with minimal obstructions and limitations.
The condo also features private lifts for the four and five-bedroom premium units, giving homeowners the privacy that they want. Not to mention that Oxley’s years of experience and high status in the industry have resulted in the heightened anticipation for the completion of this development.
In addition, this property serves as a great investment opportunity for investors. As a first mover, it gives individuals a competitive edge as the prices of surrounding lands increase with the ongoing aggressive bidding and en blocs; making prices more appealing for selling the property in the future.
With the upcoming Cross Island Line connecting Hougang as one of its stations, coupled with the URA master plan for Hougang which has opened up a myriad of employment opportunities; more greenery and enhanced transportation, property prices will definitely be on the rise in the near future.
All kinds of homebuyers, regardless of whether you are looking to start a family here or are a workaholic who wants a comfortable respite should buy a unit in Riverfront Residences.
At Riverfront Residences, the connectivity to other parts of Singapore makes it extremely easy for commuters to travel to work or school, while the six retail shops on the premises offer the ultimate convenience with their provision of a wide array of products. So, if you are someone who loves to have everything you want and need within close proximity to you, this property is certainly worth considering.
Moreover, with the varying types of swimming pools, coves and clubhouses for homeowners of all ages to enjoy and utilize, it is well suited for homebuyers who would like to host parties and have their families and friends over every once in a while. And for homeowners who have a family of their own, the security system of the condominium makes it a safe haven for children to play to their hearts’ content without any dangers.
There are also different bedroom units sold so that singles and couples out there will get to choose a unit that suits their needs best, along with the freedom to design their homes however they like due to the non-PPVC construction.
All in all, Riverfront Residences Condominium is an extremely sought-after and highly appealing property to reside as well as invest in.
The condominium itself has top-notch amenities that make the living experience all the more fulfilling and enjoyable. Their uniquely themed clubhouses make studying, working, cooking and hosting gatherings all possible within the same compound. Moreover, the coves, swimming pools as well as private pools cater to both communal and tranquil experiences for all homeowners to enjoy.
Due to its ideal location, it is very easy for homeowners to gain access to retail shops, restaurants, supermarkets, convenience stores and a whole lot more to satisfy their needs. If homeowners wish to travel further, Hougang’s great connectivity allows for hassle-free commuting via the nearby Hougang MRT station, bus services and expressways.
Furthermore, each unit is equipped with high-quality amenities and a highly flexible internal layout, ensuring that you can design your own home according to your wishes and have it well-maintained for many years to come.
Investing in this property is also of great appeal for business-minded individuals who can spot money-making projects. Its improved connectivity in the future and prime location makes it a property that is worth investing in, due to the anticipated rise in property prices.
If you are interested to purchase a unit for yourself, or simply want to find out more, we have the the full set of Riverfront Residences condo floor plans that are available for viewing. Or, if you want to see how the estate will turn out, head down to the Riverfront Residences showflat. Last but not least, feel free to contact us if you have any questions or enquiries regarding this property.
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