Actual Address: Anchorvale Lane Singapore 544312
Showflat Address: 31 Anchorvale Dr Singapore 544969
District: D19 Serangoon Gdn, Hougang, Punggol, Sengkang
3 Bedroom - Typical
3 Bedrooms (1 Ensuite, 2 common).
3 Bathrooms (In total)
Additional Rooms: Balcony, Utility/Store/BS
Units Available - 284
Hoi Hup Realty Pte Ltd
Rivercove Residences, a brand new executive condominium in the Anchorvale neighborhood of Sengkang, Singapore.
The only EC in 2018. Don't miss it!
*This advertisement is for salespersons to gather interest from buyers. Prices are based on indicative PSF released. Please use it as a guide. Prices will be updated upon release.
Live Life anew by the River
The Only EC Launch in 2018
10 Blocks and 16-Storey,
Full Facilities with Swimming Pools and comes with 2 Basement Carparks
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. Rivercove Residences Anchorvale has an expected launch date of late 2017 or early 2018.
New EC Launch to Follow S$240.95 Million Tender Bid
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. With the Rivercove Residences launch date projected for later this year or early into 2018, the EC could not launch in a better place or at a better time.
With 678,600sq ft of land to build on, the Rivercove Residences executive condo is expected to house 635 units. It sounds like a lot, but once the Rivercove Residences showflat location is announced these units will go fast if buyers see the potential that the bidding developers did. Future residents can expect a location that offers the best schools, shopping and entertainment, as well as a stylish and well-planned condo built by a well-established duo of developers who are no strangers to building high-quality properties.
Tenure: 99/103-year Leasehold (99 years from 2016)
Date to Obtain TOP: 03/09/2020
Estimated Year of Completion: 2023
Distance From Nearest MRT/LRT: 0.34 KM (Layar [SW6])
Foreigner Eligibility: No
Estimated Rental Yield: 0.00%