And what you should know...
Dear Property Investor,
Rivercove Residences, a brand new executive condominium in the Anchorvale neighborhood of Sengkang, Singapore, is expected to launch soon after an extremely successful tender in late 2016. The new and highly anticipated EC will launch in a neighborhood that isn’t short on great nearby entertainment or excellent schools, and is coming from a team of prestigious developers, Hoi Hup Realty and Sunway Developments.
The Rivercove Residences EC site attracted the most competitive tender since 2013, with 16 developers bidding on the property – the most since 2013. For a bit of perspective, the average number of bidders for an EC tender in Singapore is about seven or nine.
The highly sought after Rivercove Residences EC location was sold for an impressive S$240.95 million to a joint venture between Hoi Hup Realty and Sunway Developments. The competitive tender is a testament to the prime location, the expected growth of the Sengkang area as a result of the government masterplan, and an increasingly optimistic EC market.
10 Reasons To Invest In Rivercove Residences EC
1) Prime developer Hoi Hup Realty
2) Easily accessible to numerous shopping malls nearby like Seletar Mall, Rivervale Plaza and Hougang Mall
3) A rare, riverside Serene spot in a busy District 19
4) High end units that are boasting with excellent sophisticated interior
5) Extensively list of modern facilities for the residents' fulfillment
6) Schools nearby include Montfort Secondary School, Nan Chiau Primary School (1km away), Anchor Green Primary School and Pei Hwa Secondary School
7) Linked by Tampines Expressway (TPE) and Kallang Paya-Lebar Expressway (KPE)
8) MRT stations nearby include Buangkok LRT, Cheng Lim LRT, Kupang LRT and Tongkang LRT
9) Excellent capital appreciation with good chance of ROI
10) Furnished with high standard appliances and furnishings
|PROJECT NAME||RIVERCOVE RESIDENCES|
|Property Type||Executive Condominium|
|Tenure||99 Years Leasehold|
|Unit Mix||3Bdrm – 904sf to 1163sf (484 Units)
4Bdrm – 1184sf to 1281sf (112 Units)
5Bdrm – 1485sf (32 Units)
|Expect TOP Date||2021|
It has been more than one year since the previous nearby EC, Treasure Crest launched for sale at Anchorvale Crest. The site is situated in a mature residential estate and is relatively close to town.
It is within 1km proximity to the reputable Nan Chiau Primary School which gives developers higher confidence that strong demand from young couples planning to enroll their children into the school.
Located in Sengkang West, Rivercove Residences is a perfect pre-planned town with good schools and a variety of amenities.
To be completed in 2021, the residents in Rivercove Residences will be able to enjoy more amenities and recreational options and have access to more jobs near home.
Register Your Interest
Developments Near Rivercove Residences EC
1) Defu Industrial Park
Defu Industrial Park will be redeveloped to offer more jobs and better work environment with cycling network and amenities centre. The upcoming new generation industrial park, Lorong Halus Industrial Park will create more jobs in light and clean industries, hence will boast a vibrant riverfront lined with lush greenery.
2) Serangoon Sub-Regional Centre
Serangoon Sub-Regional Centre is a new commercial development which provides office space outside the city.
3) Seletar Aerospace Park
Seletar Aerospace Park (SAP) is currently hosting the leading firms such as Rolls-Royce Group, ST Aerospace and Eurocopter. When SAP completes the expansion works, it will create up to 10,000 jobs and generate highly-skilled employment opportunities.
Rivercove Residences EC is developed by experienced and reputable joint venture developers Hoi Hup Realty & Sunway Developments. Established in 1983, Hoi Hup Realty Pte Ltd has completed over 900 quality homes and currently has a pipeline of more than 500 private residential units at different stages of development.
Sunway Developments Pte Ltd is a wholly subsidiary of Sunway Concrete Products (S) Pte Ltd, a Sunway Group company. Having received accolades from international bodies like FIABCI and IFAWPCA, they have also forged strategic partnerships with global investors such of Government Investment Corporation of Singapore (GIC), Malaysian Provident Fund (EPF), Kuwait Finance House (KFH) and Goldman Sachs, Sunway Reit is also the largest Malaysia Reit in terms of assent size as well as free float.
Both developers have a very good track records and built numerous awards winning developments.
The developer has built all these within Rivercove such as:
Relax in the therapeutic wellness pool, and allow the hydrotherapy jets to massage the tension away.
Have a stretch at the fitness area, or stroll along the reflexology path. Kids will love the water activities ranging from a lazy river and kid’s pool to a bubbles pool for toddlers. The fun never ends with the kid’s party room, kid’s playhouse and playground just round the corner.
Create family moments you won’t forget with grill parties at a pavilion deck, have a BBQ or picnic at the lawn. On days off, enjoy a game of tennis with your child or read a story on the cabana decks.
Do You Know Your Numbers?
It is important for keen buyers to understand more on their Loan Assessment, Payment Schemes, Financing and Procedures before coming down to view the show gallery. Some things to take notes are as follow:
Ms Jenna Leong of ERA was introduced to us through our neighbour in Windermere who sold his unit. He was so happy with the record price that he could secure at that time and he was even more satisfied with the good services of Jenna.
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Hi, I'm Jenna Leong
Jenna is a realtor with ERA with X years of experience. She believes in building lifelong relationships with her clients and assisting them in building their properties portfolio through their various life stages.
Customising a safe and sound plan for our client is a must as property purchase is the largest investment they will take in their lifetime.
CEA: L3002382K | R012118I
ERA Realty Network Pte Ltd
+65 9220 2626
Copyright 2018, JennaLeong.com
CEA: L3002382K | R012118I
ERA Realty Network Pte Ltd
+65 9220 2626