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Riverfront Residences (D19), Condominium - For Sale

Riverfront home. Affordable investment at D19.
900 sqft | $1,350 psf (Built)
$1,215,000
(Guide Price)
3 Beds
Estimated mortgage $X,XXX monthly
CEA: R059124Z | L3008022J
Hi I'm Vincent Lin (林炜)
Enquire Now
Riverfront Residences @ Hougang Avenue 7 is sitting on the plot of land formerly a HUDC estate, known as Rio Casa. The project launch date is around mid of Jun 2018.

Rio Casa was sold to consortium comprising Oxley Holdings, KSH Holdings, Lian Beng Group and the private investment firm of Super Group’s Teo family at $575 million in April 2017 through a collective sale exercise.

The plot of land has a total area of 396,234 sqft and it can be maximized to provide a Gross Floor Area (GFA) of about 1,109,447 sqft at plot ratio of 2.8.

After considering the lease top up and development charges, which could be around $208 million, the estimated land price would work out to be around $706 per sqft PPR based on the maximum GFA of 1,109,447 sqft, made it one of the most affordable new launch in 2018.

Riverfront Residences @ Hougang Avenue 7, could potentially yield about 1,400 residential units, base on an average of 750 sqft per unit.

It is expected to garner strong interest due to its positive site attributes such as:

- Attractive price. One of the most affordable condo in 2018
- 200 meters water front view along the Sungei Serangoon River
- Serangoon Park Connector is just next to your door step
- Close proximity to amenities such as Hougang MRT Station, Hougang Mall and Punggol Park
- High prospects for tenant from nearby future punggol digital district, Defu Industrial Estate and future developments at Paya Lebar.
- 2 MRT stops to Serangoon, 8 MRT stops to Dhoby Ghaut for more food and shopping choices
- Cross Island MRT Line in 2030, reduced travel time to the west
- True meaning of river side living with vast greenery surrounded
- Limited supply of new launch in the vicinity
- Near reputable schools such as CHIJ Our Lady of the Nativity, Holy Innocents' High School and Holy Innocents' Primary School.

Call 9661XXXX Vincent Lin
Developer Sales Team
Visit: www.Riverfront-Residences.info
Read more
Vincent Lin (林炜)
CEA: R059124Z
CEA: R059124Z | L3008022J
Hi I'm Vincent Lin (林炜)
Enquire Now
About this property
Address
77 Hougang Avenue 7 (533831)
Property Name
Property Type
Condominium
Model
Condominium
Bedrooms
3
Tenure
LEASEHOLD/99 years
Developer
Rio Casa Venture Pte Ltd
No. of Units
1472
Asking
$1,215,000 (Guide Price)
Size
900 sqft (Built-up)
PSF
$1,350 psf (Built-up)
Tenancy Status
Not tenanted
Date Listed
1527243873
Facilities
Swimming Pool View
City View
Renovated
Original Condition
Park/greenery View
Air Conditioning
Bathtub
Intercom
Water Heater
Cooker Hob/hood
Jacuzzi
Balcony
Walk-in-wardrobe
Maidsroom
What's in this area?
All
Trains (MRT & LRT)
Bus Stops
Schools
Shopping Malls
Groceries & Supermarts
Trains (MRT & LRT)
HOUGANG MRT
NE14 CR8
DEFU MRT DUE 2029
CR7
RANGGUNG LRT
SE5
Bus Stops
Blk 344
112
Opp Blk 344
112
Blk 350
112
Primary Schools
Chij Our Lady Of The Nativity
0.41 km
Holy Innocents' Primary
0.83 km
Punggol Primary
1.01 km
Secondary Schools
Serangoon Secondary
0.45 km
Holy Innocents' High
0.45 km
North Vista Secondary
1.14 km
Shopping Malls
The Midtown
0.58 km
Hougang Mall
0.77 km
Rivervale Plaza
1.63 km
Groceries & Supermarts
Giant(Hougang Plaza)
0.6 km
NTUC Fairprice (Hougang Lifestyle Mall)
0.77 km
Giant(Compassvale Bow)
1.28 km
Google Map
Tap to Zoom
Bus/MRT
- mins
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- mins
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- mins
HOUGANG MRT
NE14 CR8
0.93 km
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DEFU MRT DUE 2029
CR7
0.98 km
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RANGGUNG LRT
SE5
1.45 km
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Blk 344
112
0.09 km
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Opp Blk 344
112
0.12 km
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Blk 350
112
0.15 km
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- mins
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- mins
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- mins
Chij Our Lady Of The Nativity
0.41 km
Bus/MRT
- mins
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Holy Innocents' Primary
0.83 km
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- mins
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- mins
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Punggol Primary
1.01 km
Bus/MRT
- mins
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Serangoon Secondary
0.45 km
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Holy Innocents' High
0.45 km
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North Vista Secondary
1.14 km
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The Midtown
0.58 km
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Hougang Mall
0.77 km
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Rivervale Plaza
1.63 km
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- mins
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- mins
Giant(Hougang Plaza)
0.6 km
Bus/MRT
- mins
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- mins
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- mins
NTUC Fairprice (Hougang Lifestyle Mall)
0.77 km
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Giant(Compassvale Bow)
1.28 km
Bus/MRT
- mins
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- mins
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- mins
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Home Price Insights
SRX estimates the market price of this unit at $XXXXXX
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