
The Privatise HUDC
Riverfront Residences is a leasehold new development that was previously a privatized HUDC estate Rio Casa. The advancement under went a successful enbloc by joint venture business Oxley-Lian Beng Endeavor. The partners for the advancement are KSH Advancement, Oxley Holdings, Lian Beng Group and Apricot Capital. Riverfront Residences Condominium received considerable interest from developers due to the favorable qualities and place close to Hougang MRT Station. Also, Riverfront Residences is poised to receive good interest from the ground as there is no brand-new launches lately around the area. Riverfront Residences Condominium likewise have place qualities that is close to Hougang MRT Station along with Hougang Bus Interchange. For owners looking at outdoor activities close to home, the Serangoon Park Adapter
Riverfront Residences situated at Hougang Avenue 7 is developed under the Oxley-Lian Ben Venture and the stakeholders share are Oxley and KSH Advancement each has a 35 percent stake, Lian Beng has a 20 percent stake and the Teo household’s Apricot Capital holds 10 per cent. The collective sale comes at a minute where developers are positive about the house market and owners of HUDC estates aspire to money in their benefit from sale of their estates. Plans are underway by the developer to create a distinct advancement with majestic waterfront and greenery views of Sungei Serangoon in addition to the Upper Serangoon area. The development consist of a total of 1472 Systems and is one of the largest advancements in Singapore. Expert expect Riverfront Residences to be in good need thinking about the absence of brand-new condo launches in the mid to short-term. Some nearby apartments which are older include Rio Vista, The Florida, Boathouse Residences, Heron Bay, Parc Vera and Evergreen Park.
Just like living a Movie
Riverfront Residences special position along Sungei Serangoon enables a direct 200m frontage of the riverfront. Combined with its proximity to Hougang Shopping mall as well as Hougang Transport hub, Riverfront Residences Hougang will be an ideal residential or commercial property both for home stay in addition to for financial investment. Hougang Shopping mall, previously called NTUC Hougang Mall is a popular shopping center located right beside Hougang MRT Station. Hougang Mall went through a restoration in 2006 to revitalize the occupant mix and include a food cluster and a playground to strengthen its holdings as a household style shopping mall.
There are lots of anchor renters situated within the shopping center such as KFC along with Subway. It is a popular mall among the young and fashionable also. Hougang Shopping mall seeks to draw in the crowds via regular events such as the fortunate draw and holiday themes. There are also lucky draws held regularly at the shopping center. Riverfront Residences lies near to many schools such as Yio Chu Kang Primary School, Punggol Primary School, Montfort Junior, CHIJ Our Woman of the Nativity, Montfort Secondary School, Holy Innocents’ High School, Serangoon Secondary School and Serangoon Junior College.
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