Rivercove Residences Executive Condo

Rivercove Residences Site Map

Rivercove Residences EC will be the LAST Executive Condo (EC) to be launch in 2017.  This New Eecutive Condo is situated along Anchorvale Lane facing the river.  Rivercove Residences is developed by the same Developer, Hoi Hup Realty which recently launched and sell-out Hundred Palm EC in 7 hours.  

A total of 16 bids were submitted for this piece of land in August 2016.  Hoi Hup Realty and Sunway Developments submitted the top bid of $240.95 million or $355 per sq ft per plot ratio (psf ppr). It was just 2.5 per cent above Wee Hur Development’s bid of $235 million or $346.30 psf ppr.

Later in September 2016, Wee Hur together with Sing Development successfully bidded for a Private Condo Land nearby in Fernvale, Sengkang for S$287.1 million, which works out to S$517.03 per square foot per plot ratio (psf ppr).  This Fernvale Condo, Parc Botannia will also be launching by end 2017.

Anchorvale Lane Tender result

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Rivercove Residences EC

Rivercove Residence EC is a new 99 years leasehold Executive Condo.  It is located in between Layar and TongKang LRT, which is only 2 stops away to Sengkang MRT station. This Anchorvale EC has a land size of 226,117 sqft, with an estimate Gross Floor Area (GFA) of 678,342 sqft.  The Developer, Hoi Hup Realty has proposed to build 635 Residential units with full condo facilities.

Developer – Hoi Hup Realty

Hoi Hup Realty Pte Ltd was established in 1983.  It is a dynamic property developer who has since completed over 900 quality homes. It currently has a pipeline of more than 500 private residential units at different stages of development. Hoi Hup Realty sell-out projects include The Ford @ Holland, Suites @ Cairnhill and Waterford Residence.

It’s most recent Projects Hundred Palms Executive Condo was launched and FULLY SOLD in Seven hours.  More than 2700 e-applications was received for the 531 units.

Amenities

Rivercove Residences EC is located at a mature estate and is surrounded by many big and small malls. Nearby malls includes the newly revamped Compass One, Seletar Mall, and Greenwich Village. Nearby you can also find row of eateries at Jalan Kayu and their famous Roti Prata Shop. Sengkang Sport & Recreation Centre is within walking distance. It’s facilities includes swimming pool, gym, dance studio, badminton and basket ball court.

Why Should you be Rivercove Residences EC

  • Reputable Developer- Hoi Hup is one of the biggest Developer in Singapore.  Their projects are known to provide high-end and luxury finishing. 
  • Conveniently located in a mature estate with many amenities.  Shopping malls and many eateries within walking distance
  • Rare view of the Punggol Reservoir and Park connector
  • Rivercove Residences EC will be attractively priced below those Private Condo around it.
  • Easy access to major expressways such as CTE, TPE and KPE. 
  • Housing Grant up til $30k
  • No Additional Buyer Stamp Duty (ABSD)
  • Deferred Payment available

 

Tender Price of Executive Condo for the past 2 years

Rivercove Residences Executive Condo will likely be launching in early 2018  

 

Launch Date will be announced very soon.

Floor Plan and Price of Rivercove Residence EC will be available soon.

 

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