for the new SG home owner
[ 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.