Riverfront Residences Former Rio Casa

New Condo @ Hougang Avenue 7 By Oxley Lian Beng

Riverfront Residences, Riverfront Residences Condo, Riverfront Residences Hougang Ave 7

Overview – Riverfront Residences Condo

Riverfront Residences Condo

Riverfront Residences condominium is located at Hougang Avenue 7. with Oxley-Lian Beng Venture Pte Ltd acquired the complete property (Rio Casa) for a price of S$575 million. Oxley has also paid an amount of S$208 million for a new 99 years lease plan. Oxley plans to develop the site to an average gross plot ratio of 2.8, with the price per sq ft of the land coming to an estimate of S$706. According to government laws, the maximum total permissible gross floor area is about 1,109,447 sq ft for the property.

Riverfront Residences – Project Details

Development Fact Sheet
Project NameRiverfront Residences
DeveloperOxley-Lian Beng Venture Private Limited
Location344 Hougang Avenue 7 Singapore 530344
Tenure99 Years
Site UseHigh rise Luxurious condomium by prestigious developer
Total UnitsApprox 1400 units
Land Area396,234 sq ft
Gross Plot Ratio2.8

About Developer of Riverfront Residences

Riverfront Residences is jointly acquired by the Oxley-Lian Beng companies, both of whom are top contenders in the market for project developments and construction. The two companies have had a successful track record and enjoy huge fame amongst investors and home buyers.

Oxley is a Singapore based property development company, with having offices in multiple other countries like Singapore, the United Kingdom, Cyprus, Cambodia, Malaysia, Indonesia, China, Myanmar, Australia, Japan and Vietnam.

The Lian Beng Group is another of Singapore’s home-grown property developers of Riverfront Residences condominium, who are famous for their construction projects. The main portfolio of the company’s work variety includes construction of residential, industrial and commercial projects. The company employs civil engineering experts as project leads on all construction projects, who come with a vast background of experience. The company is enlisted as an A1 grade contractor with the Building and Construction Authority (BCA), which makes the company eligible for tendering public sector building projects of unlimited contract value. The company also holds an A2 grade for Civil Engineering, which makes it eligible for tender for projects of values up to $85 million.

History About Hougang – Riverfront Residence Near Upper Serangoon

Hougang is located in Singapore, in the north-eastern part of the country. The name was derived from the Chinese Mandarin term called “Au King”, which literally translates to “The end of the river.” It was named as such after the government of Singapore announced a more closer approach to the use of the Chinese language. Hougang is covered from the north by the Punggol, the Upper Serangoon Road in the south, Sungei Serangoon in the east and Yio Chu Kang in the west. At one point in time, Hougang was majorly covered by forested land and was inhibited by Chinese Teochew Residents. Hougang was announced to become a public housing area in 1979, with the government announcing plans to build a town that could house up to 120,000 people. Currently, Hougang caters to a mix of public and private housing schemes that could serve a long list of people and their needs.

Nearby Amenities Around Riverfront Residence

Most families, when moving into a new home, ideally want a location that is central and closely located to schools. Riverfront Residences has quite a number of primary and secondary schools close by in the area, that provide quality education at very good standards.

Some of these notable schools are

  • Xinmin Primary and Secondary School, made in 1945,
  • Xinghua Primary School, made in 1930,
  • Yuving Secondary School, made in 1910,
  • Serangoon Junior College, made in 1988,
  • Holy Innocents’ High School, made in 1892,
  • Holy Innocents’ Primary School, made in 1985,
  • Paya Lebar Methodist Girls’ School, made in 1916, and
  • Montfort Junior School and Secondary School, made in 1916.

You can see that all these schools have been established for decades and have been providing quality education at very good standards.

Closely located to Riverfront Residences Condo is also the Hougang Mall, a popular shopping mall located near to Kingsford Condo. It is close to the Hougang Central Bus Interchange. The Hougang Mall is also host to some important anchor tenants like the National Library Board, KFC, and McDonald’s.

Riverfront Residences also has a panoramic view of the river, that offers a majestic and beautiful environment and a pleasing scenery to wake up to, every morning.

Nearby Developments Around Riverfront Residences By Oxley Lian Beng

Nearby Condos Around 1 kilometreof Riverfront ResidencesCOMPLETIONSOLD PRICE RANGE PSFAVERAGE PSF
EVERGREEN PARK99 Yrs FROM 1995S$ 606 – S$ 739 SQFT S$ 683 PSF
MIDTOWN RESIDENCES99 Yrs FROM 2013S$ 1,307 – S$ 1,307 SQFTS$ 1,307 PSF
RIO VISTA99 Yrs FROM 2001S$ 681 – S$ 853 SQFT S$ 772 PSF
THE FLORIDA99 Yrs FROM 1997S$ 628 – S$ 727 SQFTS$ 682 PSF
NAUNG RESIDENCE999 Yrs FROM 1883S$ 1,119 – S$ 1,250 SQFTS$ 1,202 PSF
PARC VERA99 Yrs FROM 2010S$ 613 – S$ 1,041 SQFTS$ 956 PSF
KINGSFORD WATERBAY99 Yrs FROM 2014S$ 974 – S$ 1,468 SQFTS$ 1,272 PSF

Register VVIP For Riverfront Residences For Price & Showflat Availability

Prospective residents and investors are encouraged today to register early in order to gain premier access to the latest updates and developments regarding the upcoming condo, Riverfront Residences.