[ Riverfront Residences ]

Project Details

Address:  Hougang Avenue 7

District: D19 – Serangoon Garden, Hougang, Punggol

Developer: Oxley

Tenure: 99 years leasehold

Expected TOP: 31 December 2024

Land size area: 396,231 sqft

Total no. units: 1451 units and 21 units of strata landed house

Video Tour

Virtual tours of the individual unit types are available upon request.

Unit Mix

Estimates and Pricing

(Based on Edgeprop, Land Sales)

Land cost – 706 psf

Construction, land financing, professional, legal, taxes, marketing and other cost ~ 468 psf

Breakeven cost ~ 1174 psf

Some indicative pricing for best buys units:

1 Bedroom + Study

$738,000

1,427 psf

2 Bedroom

$982,000

1,425 psf

2 Bedroom Premium

$1,007,000

1,397 psf

3 Bedroom

$1,200,000

1,311 psf

3 Bedroom Premium

$1,443,000

1,301 psf

4 Bedroom

$1,788,000

1,268 psf

4 Bedroom Premium

$1,962,000

1,321 psf

Strata Terrace House

$2,447,000

1,160 psf

 

  

*updated on 11 August 2020

Actual Location

Showflat Location

Amenities

PARK CONNECTOR AT DOORSTEP

1 Min Walk Serangoon Park Connector

8 Mins Walk Punggol Park

15 Mins Walk North Eastern Riverine Loop

(Approx.: 26km)

– Punggol Park via Serangoon

Park Connector

– Sungei Serangoon

– Punggol Promenade

Riverside Walk

– Lorong Halus Wetland

– Punggol Promenade

Nature Walk

– Punggol Promenade

Punggol Point Walk

– Punggol Park Connector

– Sengkang Riverside Park

– Buangkok Park Connector

– Punggol Waterway Park

– Coney Island

5 Mins Drive Hougang Sports Hall

10 Mins Drive Safra Clubhouse (Punggol)


CONNECTIVITY MRT

13 Mins Walk Hougang MRT Station

5 Mins Drive Kovan MRT Station


EXPRESSWAY

5 Mins Drive Kallang Paya Lebar Expressway (KPE)

14 Mins Drive Central Expressway (CTE)


BUSINESS

14 Mins Drive to Seletar Aerospace Park

22 Mins Drive to Central Business District

Site Plan

Developer

Oxley Holdings, Lian Beng Group, KSH Holdings, Apricot Capital

 

Oxley Oxley Holdings Limited (“Oxley” or “the Group”) is a home-grown Singaporean property developer. Oxley is principally engaged in the business of property development and property investment. Since its inception, the Group’s accelerated growth has resulted in a burgeoning presence both locally and overseas. It now has a presence across twelve geographical markets.

 

The Group has a diversified portfolio comprising development and investment projects in Singapore, the United Kingdom, Ireland, Cyprus, Cambodia, Malaysia, Indonesia, China, Myanmar, Australia, Japan and Vietnam. Oxley’s expertise does not lie solely in property development; the Group also renders project management and consultancy expertise in Myanmar.

Oxley’s property development portfolio encompasses choice residential, commercial and industrial projects. Key elements of the Group’s choice developments include prime locations, desirable lifestyle features and preferred designs. With a keen grasp of market sentiments and trends, Oxley has achieved remarkable growth since its inception.

Assessment of Riverfront Residences

Pros

·      Located in well established mature estate, Hougang area

·      One of the most affordable development in the current market, almost comparable to the pricing of executive condominiums these days and hence, safe entry price

·      Waterfront facing

·      Wide range of facilities, designed by award winning architect, 3 unique coves, 3 clubhouses, 3 holiday villas and 3 swimming pools within the development

Cons

·      Slightly further away from Hougang MRT station (about 13 – 15mins by foot), but free shuttle bus services are provided to residents in the first year

·      Limited rental yield given the not so strong tenant pool in Hougang

Floor Plans (Selected)

Registration of interest

At SG First Home, we respect the importance of customer privacy, if you would like to request for a follow-up and the latest updates (including the complete set of floor plans, e-brochure, price changes, our assessment on the potential of Riverfront Residences as well as the choice units within the development), please leave us your contact details and we promise to get back to you within 2 working days.


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