The former HUDC (Rio Casa) was enbloc (after privatization) at $208 million. After considering the topping up the lease and the development charges, the land price works out to be around $706 psf ppr ... Riverfront Residences has the lowest entry price among the upcoming condo new launches !!!
Due to the large site area the development is able to host 101 facilities including:
a. 3 Clubhouses (Clubhouse 1 - Co-working and study space, Clubhouse 2 – 2 storey with Gym, Grand Dining and KTV/Movie room; Clubhouse 3 – Gourmet dining with fully equipped kitchen).
b. 3 Swimming Pools (50m Mangrove Pool; 75m River Pool; 20m Kids Pool).
c. 3 Unique Coves within development (Botanic Cove; Resort Cove; Lifestyle Cove)
d. 3 Holiday Villa Style Pavilions with private pool
Even Hougang Central is just 1.5 km from Riverfront Residences, the development has tie up with Obike & has free shuttle bus sevice to Hougang MRT Station; which in time will be the interchange between the current North-East Line and the future Cross Island Line.
Great Capital Appreciation Potential & Great Investment Opportunity .... Grab the first mover advantage as surrounding land sale prices will go up with aggressive bidding (via GLS & enbloc).
Riverfront Residences is strategically located in the mature housing estate of Hougang, within a 1KM radius of Hougang MRT station; where amentities like Giant @ Hougang Plaza, NTUC Fairprice @ Hougang Lifestyle Mall, & other shops @ The Midtown Mall are abundant at Hougang Central.
Riverfront Residences is also within walking distance to Punggol Park and for jogging & cycling enthuists the park connector (connects to Punggol, Lorong Halus and Coney Island) is just at the door step along Sungei Serangoon.
Nearby primary schools include CHIJ Our Lady Of The Nativity, Holy Innocents’ Primary School, and Punggol Primary School.
Riverfront Residences is easily accessible by car via KPE & CTE; and by buses along the major trunk service road of Upper Serangoon Road and by MRT on the North-East Line.