Freehold Property
99 Years Leasehold
RiverFront Residences
| Project Name | RiverFront Residences | |
| TOP | December 2024 | |
| Address | 41 Hougang Ave 7, Singapore 533813 | |
| Developer | Oxley-Lian Beng Venture Pte Ltd | |
| Tenure | 99 years | |
| District | D19 | |
| Site Area | 396,231 sqft | |
| Gross Floor Area | 1,109,446 sqf | |
| No. of blocks | 09 | |
| No. of storeys | 17 | |
| No. of units | 1472 | |
| Unit Types | 1 Bed, 1Bed+Study, 2 Bed, 2 Bed Premium, 3 Bed, 3 Bed Premium, 4 Bed, 4 Bed Premium, 5 Bed Premium, Strata Terrace House | |
| Description | ||
Riverfront Residences Hougang MRT Condo Former Rio Casa
Riverfront Residences is a 99-years leasehold new development that was formerly a privatized HUDC estate Rio Casa. The development under went a successful enbloc by joint venture company Oxley-Lian Beng Venture. The partners for the development are KSH Development, Oxley Holdings, Lian Beng Group and Apricot Capital. Riverfront Residences Condo received substantial interest from developers due to the positive attributes and location near to Hougang MRT Station. Also, Riverfront Residences is poised to receive good interest from the ground as there is no new launches lately around the area. Riverfront Residences Condo also have location attributes that is close to Hougang MRT Station as well as Hougang Bus Interchange. For owners looking at outdoor activities close to home, the Serangoon Park Connector
Riverfront Residences Oxley-Lian Beng Venture
Riverfront Residences Hougang Avenue 7 is developed under the Oxley-Lian Ben Venture and the stakeholders share are Oxley and KSH Development each has a 35 per cent stake, Lian Beng has a 20 per cent stake and the Teo family’s Apricot Capital holds 10 per cent. The collective sale comes at a moment where developers are upbeat about the residential property market and owners of HUDC estates are eager to cash in their profits from sale of their estates. Plans are underway by the developer to create a unique development with majestic waterfront and greenery views of Sungei Serangoon as well as the Upper Serangoon area. The development consist of a total of 1472 Units and is one of the largest developments in Singapore.
Riverfront Residences Unique Waterfront Views of the River
Riverfront Residences Lian Beng Venture unique position along Sungei Serangoon allows a direct 200m frontage of the riverfront. Combined with its proximity to Hougang Mall as well as Hougang Transportation hub, Riverfront Residences Hougang will be an ideal property both for home stay as well as for investment.
