Overview Score
our consideration
Our Verdict
Riverfront Residences, located in the vibrant district of Hougang, presents a compelling residential option in Singapore’s northeastern heartlands. As an Outside Central Region (OCR) resale condo, it offers a diverse range of well-designed housing options suitable for families of various sizes. The development’s strategic location near reputable schools, convenient transportation links, and a wide array of nearby amenities make it an attractive choice for middle-income Singaporeans and HDB upgraders.
One of the standout features of Riverfront Residences is its wide variety of unit layouts, ranging from cozy 1-bedroom apartments to spacious 5-bedroom units and unique strata landed homes. The inclusion of strata terrace houses provides residents with the best of both landed and condo living, offering spacious living experiences coupled with modern facilities and maintenance services.
The growth potential of Riverfront Residences is bolstered by upcoming developments in the surrounding area, such as the Paya Lebar Air Base (PLAB) project and the Cross Island Line (CRL) connectivity. These developments are expected to enhance the area’s amenities, connectivity, and overall value proposition, making Riverfront Residences an appealing long-term investment opportunity.
With its competitive pricing, diverse unit offerings, and promising growth prospects, Riverfront Residences stands out as a well-rounded residential development that caters to a wide range of homebuyers. Whether you are looking for a comfortable family home or a sound investment opportunity, Riverfront Residences presents a compelling choice in the competitive Singapore real estate market.
Riverfront Residences is a highly sought-after residential development located in District 19, offering a range of well-designed housing options suitable for families of different sizes and individuals looking for a comfortable living space. In this comprehensive review, we will delve into the key aspects of this condominium project to provide valuable insights for potential buyers.
3 Main Takeaways:
- Strategic Location: Situated in the vibrant northeastern region of Singapore, Riverfront Residences offers easy connectivity to various parts of the island with excellent transportation links.
- Diverse Unit Mix: The development features a wide range of unit layouts, from 1 to 5 bedrooms, including unique strata landed terraces, catering to different preferences and needs.
- Promising Growth Potential: With upcoming developments like the Cross Island Line and Paya Lebar Air Base, Riverfront Residences presents a compelling investment opportunity with potential price growth in the future.
Project Details:
Project Name | Riverfront Residences |
---|---|
District | 19 |
Developer | Rio Casa Venture Pte Ltd (Joint Venture Between Oxley Holdings Limited, KSH Holdings Limited, SLB Development Ltd, and Apricot Capital) |
Address | Hougang Avenue 7 |
Tenure | 99 years leasehold wef 31 May 2018 |
Site Area | 36,811.1 Sqm / 396,087 Sqft |
Type of Development | Private Apartments |
No. Of Units | 1,472 (1,451 Residential Units, 21 Strata Landed Houses), 6 Shops |
No. Of Carparks | 1,483 (2 Basement Carparks, B1 – 589 (inclusive of Retail – 2 & Private Carpark for Strata Terrace – 21), B2 – 885, Handicap – 9) |
No. Of Blocks | 9 |
No. Of Storeys | 17 |
Plot Ratio | 2.8 |
Architect | ADDP Architects LLP |
Landscape Consultant | Ecoplan Asia Pte Ltd |
Mechanical & Electrical Engineer | DP Engineers Pte Ltd |
C&E Engineer | KCL Consultants Pte Ltd |
Quantity Surveyor | WTP Partnership (S) Pte Ltd |
Main Contractor | Kim Seng Heng Engineering Construction (Pte) Ltd |
Conveyance Solicitor | Lee & Lee Advocates & Solicitors |
Project Account | UOB for Project Account Number 451-308-246-5 of Rio Casa Venture Pte. Ltd. |
Facilities | Grand Arrival, Welcome Lobby, Retail Shops, BBQ Pavilion, 3 Function Rooms, 75m River Pool, Gym, Kid’s Pool, Playground, Kid’s Rock Climbing, Flying Fox, Putting Green, 400m Jogging Track, Lap Pool 50m, Spa Cove, Jumping Jets, Waterbed, Pool Hammock, Steam Room, KTV/Movie Room |
Developer Licence | C1253 |
Expected Date of TOP | 31-Dec-24 |
Expected Date of Legal Completion | 31-Dec-27 |
Floor Plans:
Type | Estimated Size Range (sqm) | Estimated Size Range (sqft) | Total Units |
---|---|---|---|
1 Bedroom | 43-54 | 463-581 | 281 |
1 Bedroom + Study | 48-59 | 517-635 | 202 |
2 Bedroom | 56-64 | 603-689 | 262 |
2 Bedroom Premium | 67-80 | 721-861 | 168 |
3 Bedroom | 81-101 | 872-1087 | 232 |
3 Bedroom Premium | 99-120 | 1066-1292 | 204 |
4 Bedroom | 131-151 | 1410-1625 | 34 |
4 Bedroom Premium (Private lift) | 138-159 | 1485-1711 | 51 |
5 Bedroom Premium (Private Lift) | 156-177 | 1679-1905 | 17 |
Strata Terrace (4 brm, Private Carpark, 3 levels) | 196 | 2109 | 21 |
Shops | 56 | 603 | 6 |
Total Residential Units | 1472 |
Unit Mix:
- 1-Bedroom: 463 sqft
- 2-Bedroom: 603 sqft
- 3-Bedroom: 915 sqft
- 4-Bedroom: 1,410 sqft
- 5-Bedroom: 1,679 sqft
Site Plan:
The Riverfront Residences site plan offers a meticulously crafted layout, ensuring a harmonious blend of luxury, convenience, and recreational facilities. This detailed overview highlights the key elements that make this development an exceptional place to live.
Key Facilities and Amenities
Swimming Pools:
- 75m River Pool
- 50m Lap Pool
Fitness and Recreation:
- Gym
- 400m Jogging Track
- Kid’s Rock Climbing
- Flying Fox
- Putting Green
- Steam Room
Children’s Facilities:
- Kid’s Pool
- Playground
- Kid’s Rock Climbing
Social and Entertainment:
- BBQ Pavilion
- 3 Function Rooms
- KTV/Movie Room
Relaxation Areas:
- Spa Cove
- Jumping Jets
- Waterbed
- Pool Hammock
Commercial Spaces:
- 6 Retail Shops for convenience
Layout and Structure
Blocks and Units:
- The development features 9 blocks, each standing 17 storeys high.
- Total of 1,472 units, including 1,451 residential units and 21 strata landed houses.
Carparks:
- 1,483 carpark lots spread across two basement levels.
- Includes spaces for retail and private carparks for strata terraces.
Land Area:
- Spans 36,811.1 sqm (396,087 sqft).
- Plot ratio of 2.8.
Site Plan Visualization
The site plan is engineered to maximize the use of space while providing a luxurious living experience. The layout ensures residents have easy access to all amenities, promoting a resort-like lifestyle. For a detailed visual representation:
- Block Placement: Arrangement of the 9 residential blocks.
- Facility Locations: Exact positions of pools, gyms, playgrounds, and other amenities.
- Green Spaces: Landscaping details and green areas within the development.
- Access Points: Entrances, exits, and pathways for residents and visitors.
For more specific details or to view the site plan, please visit the official Riverfront Residences website or contact their sales team for assistance.
Riverfront Residences
Urban Living with Impeccable Design
In urban environments, the fusion of functionality and aesthetics is crucial for creating living spaces that are both practical and visually appealing. Impeccable design principles play a key role in optimizing the layout and utilization of space in urban dwellings.
Price Range & PSF:
The price range and price per square foot (PSF) for the various unit types at Riverfront Residences:
Unit Type | Size Range (sqft) | Price Range (SGD) | Average PSF (SGD) |
---|---|---|---|
1 Bedroom | 463 – 581 | $578,000 – $1,000,000 | $1,745 |
1 Bedroom + Study | 517 – 635 | $648,000 – $800,000 | $1,745 |
2 Bedroom | 603 – 732 | $755,000 – $1,620,000 | $1,828 |
2 Bedroom Premium | 721 – 861 | $872,000 – $1,039,000 | $1,828 |
3 Bedroom | 872 – 1,087 | $1,070,000 – $1,369,000 | $1,783 |
3 Bedroom Premium | 1,066 – 1,292 | $1,260,000 – $1,554,000 | $1,783 |
4 Bedroom | 1,410 – 1,625 | $1,680,000 – $1,950,000 | $1,515 |
4 Bedroom Premium (Private Lift) | 1,485 – 1,711 | $1,790,000 – $2,105,000 | $1,515 |
5 Bedroom Premium (Private Lift) | 1,679 – 1,905 | $1,970,000 – $2,170,000 | $1,515 |
Strata Terrace | 2,110 | $2,350,000 – $2,540,000 | $1,094 |
Commercial Shop | 603 | $1,791,000 – $1,816,000 | Not specified |
Pricing Comparison with Nearby Condos:
When evaluating condominiums in Singapore, pricing is a crucial factor. This section compares the pricing of Riverfront Residences with nearby condominiums, focusing on price per square foot (PSF) and overall price range for similar unit types.
Riverfront Residences
- Price Range: $740,000 – $3.19 million
- PSF Range: $1,445 – $2,119
- Average PSF: Approximately $1,666[^2][^6]
Nearby Condominiums
The Florence Residences
- Price Range: $678,000 – $2.488 million
- PSF Range: $1,596 – $1,926
- Average PSF: Approximately $1,800[^7]
Affinity at Serangoon
- Price Range: $738,000 – $2.3 million
- PSF Range: $1,500 – $1,700
- Average PSF: Approximately $1,600[^13]
Key Observations
Price Per Square Foot (PSF)
- Riverfront Residences has an average PSF of around $1,666, which is competitive compared to nearby developments.
- The Florence Residences has a slightly higher average PSF of about $1,800.
- Affinity at Serangoon has a similar PSF range, averaging around $1,600.
Price Range
- Riverfront Residences offers a wide price range from $740,000 to $3.19 million, catering to various budget levels.
- The Florence Residences starts at a lower entry price of $678,000 but can go up to $2.488 million.
- Affinity at Serangoon has a starting price similar to Riverfront Residences but caps at a lower maximum price of $2.3 million.
Unit Types and Sizes
- All three developments offer a variety of unit types, from 1-bedroom to larger family-sized units.
- Riverfront Residences has a notable advantage with its riverside location and extensive amenities.
Riverfront Residences stands out with its competitive pricing and broad range of options, making it an attractive choice for both investors and homeowners. Its average PSF is on par with nearby developments, and it offers a unique riverside living experience coupled with comprehensive amenities. Buyers should consider their specific needs and preferences, such as proximity to amenities and transport links, when making their decision.
Transport & Location:
Riverfront Residences, strategically situated in Hougang, offers a seamless blend of convenience, connectivity, and modern living. This residential development boasts an array of features that cater to the diverse needs of its residents.
MRT Stations
- Hougang MRT Station: Located about 800 meters away, this North-East Line (NEL) station is approximately a 12-minute walk. It provides direct access to the city center and other key areas in Singapore.
Bus Services
- Nearby Bus Stops:
- Hougang Ave 7 – Rio Vista (64329)
- Upp Serangoon Rd – Blk 355 (64059)
Multiple bus services connect the residence to various parts of the island, offering residents numerous public transport options.
Major Roads and Expressways
- Kallang-Paya Lebar Expressway (KPE)
- Tampines Expressway (TPE)
- Central Expressway (CTE)
These expressways provide swift access to different regions of Singapore, making it convenient for those who drive.
Nearby Amenities
Riverfront Residences is surrounded by a host of amenities that enhance the living experience for its residents.
Shopping and Dining
- Hougang Mall: Just a short walk away, this mall offers a variety of retail shops, dining options, and essential services.
- The Midtown Mall: Also within walking distance, providing additional shopping and dining choices.
Recreation and Nature
- Serangoon Park Connector: Directly accessible from Riverfront Residences, this connector is part of the North Eastern Riverine Loop, linking major parks in the region such as Punggol Park.
- Coney Island: A nearby destination for outdoor activities and nature exploration.
Schools and Education
- CHIJ Our Lady of the Nativity
- Holy Innocents’ Primary School
- Holy Innocents’ High School
- Serangoon Secondary School
These reputable educational institutions are situated within close proximity, making it convenient for families with school-going children.
Key Highlights
Riverfront Residences stands out due to several key features:
- Riverside Living: Offers unobstructed views of the Serangoon River, creating a serene and picturesque environment.
- Comprehensive Facilities: With over 100 facilities within the development, including multiple swimming pools, a gym, jogging track, and various recreational areas.
- Shuttle Bus Service: Complimentary shuttle bus service to Hougang MRT Station for the first year, enhancing convenience for residents.
Riverfront Residences combines excellent transport connectivity with a wide range of amenities, making it an attractive option for both homeowners and investors.
Developer Reputation:
- Developed by Oxley-Lian Beng Venture Pte Ltd, known for delivering quality residential projects in Singapore.
- Strong track record of successful developments and commitment to excellence in construction and design.
Why Choose Riverfront Residences:
Prime Location and Connectivity
Riverfront Residences is nestled in the vibrant Hougang neighborhood, offering residents seamless access to various parts of Singapore. Located approximately 800 meters from Hougang MRT Station on the North-East Line (NEL), the area is well-served by numerous bus routes. Major expressways like the Kallang-Paya Lebar Expressway (KPE), Tampines Expressway (TPE), and Central Expressway (CTE) are easily accessible, ensuring smooth connectivity for drivers.
Comprehensive Range of Facilities
Riverfront Residences stands out with its extensive range of over 100 facilities designed to cater to all age groups and lifestyles:
- 75-meter river pool
- 50-meter lap pool
- Gym
- 400-meter jogging track
- Recreational areas like a kid’s rock climbing area, flying fox, and putting green.
- Social spaces including three function rooms, a KTV/movie room, and multiple BBQ pavilions.
These amenities provide ample opportunities for fitness, relaxation, and social gatherings.
Diverse Unit Types and Layouts
Offering a wide variety of unit types, Riverfront Residences ensures there is a suitable home for every family size and preference. The development includes:
- 1-bedroom apartments
- 5-bedroom premium units
- Strata terrace houses
Each unit is thoughtfully designed to maximize space and comfort, with options for different facings, including unblocked river views and pool views.
Attractive Pricing and Investment Potential
Riverfront Residences is competitively priced, making it an attractive option for both homeowners and investors. The development offers a range of price points to suit various budgets. With its prime location, comprehensive facilities, and high-quality construction, Riverfront Residences presents a promising investment opportunity with potential for strong capital appreciation.
Serene Riverside Living
The unique riverside location along the Serangoon River provides residents with a tranquil and picturesque living environment. Scenic views and lush greenery create a serene atmosphere, offering a peaceful retreat from the city’s hustle and bustle. This distinctive feature sets Riverfront Residences apart from other developments in the area.
Proximity to Amenities and Schools
Conveniently located near various amenities, Riverfront Residences offers easy access to:
- Hougang Mall
- The Midtown Mall
These shopping centers provide a wide range of retail shops, dining options, and essential services. Additionally, the development is close to reputable schools such as:
- CHIJ Our Lady of the Nativity
- Holy Innocents’ Primary School
- Serangoon Secondary School
This makes it an ideal choice for families with school-going children.
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Riverfront Residences offers a blend of prime location, comprehensive facilities, diverse unit types, attractive pricing, serene riverside living, and proximity to amenities and schools. These factors make it an excellent choice for those seeking a comfortable and convenient living space or a promising investment opportunity within Singapore’s competitive real estate market.