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The IVERIA
Project Name: The Iveria
Developer: Macly Group
Units: 51
District: 09
Address : 2 Kim Yam Road, 239320
Site Area: 14,579sqft approx
Tenure: Freehold TOP 2020
An upcoming new condo development is coming your way at Kim Yam Road, The Iveria (former Rivieria Point). The former Riviera Point condo was acquired by Macly Iveria Pte Ltd, a wholly owned subsidiary of Macly Group and at the price of $72 million. The local homegrown real estate developer is best known for their niche and boutique developments spanning from residential to commercial sectors.
The Iveria is a high quality and luxurious development that is sitting on an elevated site in a highly sought after Prime District 9 address in River Valley precinct. It is labelled and perceived as an upscale residential enclave in Core Central Region (CCR) of Singapore. The locale comes with plenty of great amenities that appeals to most young urbanites who aspire in residing within a cosmopolitan neighbourhood of River Valley, Robertson Quay as well as Orchard Road.
The Iveria is a short walk (600 m) to Somerset Train Station which operates the North South Line. It is just 5 minutes’ ride or 3 station away from Raffles Place. It is also just one station away from the Orchard Train Station which will start to its Thomson Line operation in 2021. The Dhoby Ghaut MRT Interchange is just a stop away where the Circle Line and North East Line are available. The Bencoolen Downtown Station, which is close proximity to the Dhoby Ghaut Station, will start its operation in 2017. With these nearby train services, future residents will get to enjoy a very comprehensive train network.