The Riverfront Residences is a new residential apartment complex with an large unblocked view of the Sungei Serangoon river, making it a prime residential property. One of the main advantages of the housing complex is that it is close to the MRT station as well as Bus Interchange at Hougang, so it is easy to reach any other place in Singapore. The HUDC estate Rio Casa was originally located on the leasehold plot and has become the now Riverfront Residences Enbloc. There are few residential plots available in the area,so many real estate companies were available. Oxley-Liang-Beng Venture won the auction for the plot, paying approximately S$575 million for the plot.
Riverfront Residences Former Rio Casa Enbloc
Oxley-Liang Beng Venture is a joint venture between reputed real estate and investment companies in Singapore. These are KSH Holdings which has a 35 percent stake, Oxley Ventures which has invested 35 %, the Liang Beng Group with a 20% stake and Apricot Capital of the Teo Family has a 10 % stake. The Liang-Beng group which was founded in 1973 , is headed by Ong Pang Aik is a major construction company based in Singapore which is involved in building residential, industrial and commercial projects,and has extensive experience in complex civil engineering projects. The other partners are mainly property investment companies, with Oxley having a worldwide network. There are many resort spa facilities at Riverfront Residences Hougang and is it available for the residents.
Resort Spa Facilities Riverfront Residences Hougang Avenue 7 Singapore
Like most of the plots being auctioned by the Housing development corporation, the Riverfront Residences former Rio Casa Enbloc plot is a leasehold plot for a period of 99 years. The plot located in District 19 of Singapore at Hougang Avenue 7. It has a site area of 396,231 square feet, and a gross floor area of 1,109,446 square feet for building the apartment complex. There were 7 blocks in the Rio Casa condo complex which was earlier located on the plot, and some of the residents of the condo are also expected to be interested in purchasing apartments in the news project. It is estimated that approximately 1400 residential apartments will be constructed.
Riverfront Residences Condo Former HUDC Enbloc
So in keeping with demand for flats, there are likely to be one, two, three and four bedroom apartments available for sale. Prospective buyers can register to view a showflat which will indicate the layout of the flats available, finish, materials used and some interior design areas. The prime condo complex will have all the latest amenities like a swimming pool, club house, indoor gym, play area for children, deck for sunbathing, jogging track, security. Some of the most reputed educational institutions like Serangoon junior college, Montfort primary and secondary school, Holy Innocents high school, CHIJ or our lady or nativity school are close to the plot.
One of the main advantages of the Riverfront Residences Singapore is that it is close to the Hougang MRT station and the Bus interchange in the Hougang area, allowing residents to reach other areas of Singapore like Dhoby Ghat, Changi airport, Orchard, central business district and China town quickly and conveniently. There are many buses available to different areas of Singapore. For shopping , the Hougang, Kangkar Malls, The Midtown are the larger shopping malls in the area, which have a large number of reputed brand shops. It is one of the few condos with a 200 meters long unblocked view of the river, and forests in the Serangoon area, making it the ideal investment.