- 27/02/2017: Sumang Walk EC attracted 17 bids. The top bid of $509.37 million was jointly submitted by property developers City Developments Limited and TID Residential. This works out to about $583 psf on the gross floor area (GFA) which is more than$200 psf higher than the land price of Rivercove Residences! Register your interest Now!
- 25/02/2017: Showflat Opening + E-App confirmed 1st April 2018. Preview Tentative Mid April.
- 01/02/2018: Latest Developer Updates: Showflat Preview and E-App by End March/Early April
- 12/01/2018: Unit Mix and Size Updated
- 09/01/2017: Much Awaited New EC. Nestled at Anchorvale Lane besides the river cove. With 628 units of 3, 4 and 5 bedrooms with SMART HOME features. Launching after CNY 2018! Registration of Interest Now!
- 11/11/2017: Register for VVIP Preview and Priority Access to the Show Suites
- 24/08/2016: Hoi Hup Realty and Sunway Developments submitted the top bid of $240.95 million or $355 per sq ft per plot ratio (psf ppr). It was just 2.5 per cent above Wee Hur Development’s bid of $235 million or $346.30 psf ppr.
Hundred Palms Residences EC same developer as Rivercove Residences broke the fastest sales record with 100% sold out in 7 hours. The main reason is due to the low supply of Government Land Sales for the Executive Condominium while the demand for such is creeping up. Executive Condominium will become private after 10 years where it can be sold to anyone just like Private Condominiums. Prices for EC are typically 20-30% lower than Private Condominiums which presents an investment opportunity for capital appreciation in future.
Now, are we waiting to witness another 100% sold out sales record streak for Rivercove Residences?
Launching in End Mar/Early April 2018, Rivercove Residences is a brand new EC nestled in Anchorvale Lane. The large 226,000 square feet land is expected to house 628 residential units with full condominium facilities and parking space for residents. Jointly developed by Hoi Hup Realty and Sunway Developments, Rivercove Residences is surrounded by good educational institutions including Nan Chiau Priamry School, Nan Chiau High School, Springdale Primary School, and Anchor Green Primary School.
Residents at Rivercove Residences will be able to enjoy the convenience and the excitement the place can offer. The development is only a few minutes’ drive to Compass One, where residents can shop for daily groceries, electronics, fashionable clothes and more. It is also located very near to Sengkang Sports Complex and Sengkang Hockey Stadium, where residents and their families can access to a wide range of sports facilities such as swimming pools, badminton courts, soccer fields and many more. Water sports enthusiasts will also enjoy the range of aquatic activities ranging from water skiing to canoeing in the Sports and Recreation Centre.
This highly anticipated Anchorvale Executive Condominium New Launch development is expected to sell out fast, just like Hundred Palms Residences.
Register early with us to enjoy all these privileges:
1) Early Bird Prices
2) First Hand Updates
3) Free Eligibility Assessment / E- APP
4) Priority Booking of Your Choice Unit
RIVERCOVE RESIDENCES EC – UPCOMING EC IN ANCHORVALE LANE SENGKANG. POTENTIALLY THE ONLY EXECUTIVE CONDOMINIUM LAUNCH IN 2018!
HUNDRED PALMS RESIDENCES SOLD OUT IN 7 HOURS! WILL HOI HUP CONTINUE THEIR STRONG PERFORMANCE WITH RIVERCOVE RESIDENCES?
SMS/Whatapps “Rivercove” to +6590272297 to find out more about this Rare Opportunity
The 2.1 ha EC site which is listed under the confirmed list of the second half 2016 Government Land Sales (GLS) Programme attracted intensive bidding competition from 16 developers. The site was eventually awarded to Hoi Hup Realty and Sunway Developments with a top bid of $240.95million translating to $355 psf per plot ratio. Rivercove Residences EC which is expected to be launched in late 2017 or early 2018 will be the last EC launch in the market till 2019.
The Anchorvale Lane EC is situated beside Punggol Reservoir and close to Tongkang LRT station and expected to yield 635 residential units.
Executive condominium sales have been in the rise. Hundred Palms Residences EC is the most recent EC launch, coincidentally by Hoi Hup Realty too. The 531 units EC is fully sold on the first day of launch, with many prospective buyers went home disappointed and empty handed. Urban Redevelopment
Authority’s data shows that developers sold 3,004 EC units in the first seven months of 2017, up 11 percent from last year, where only 1,555 EC units launched in the same period. According to analysts, the lower supply of new EC units has driven up demand. The number of unsold uncompleted EC units fell by 54 percent to 1,591 units in Q2 2017 from the previous year.
RIVERCOVE RESIDENCES EC PROJECT INFORMATION
|Development||Rivercove Residences EC|
|Developer||Hoi Hup Sunway Sengkang Pte Ltd|
|General Description||Proposed Executive Condominium Comprising 10 Blocks of 16-Storey Residential Units with Swimming Pool, Ancillary Facilities (Total 628 Units) and 2 Basement Carpark on Lot 02924T MK 21 at Anchorvale Lane (Seng Kang Planning Area)|
|Location||Lot 02924T MK 21 at Anchorvale Lane|
|Tenure||99 Leasehold from 5 September 2016|
|Site Area||21,014.60 sqm|
|Plot Ratio||3.30 (inclusive of Balconies)|
|Gross Floor Area (GFA)||69,348.18 sqm|
|Total No. of Units||628 Residential Apartments|
|Total No. of Carparks||To be Advised|
|Expected TOP Date / Legal Completion||4 September 2020 / 4 September 2023|
|Unit Mix||3, 4 and 5 Bedrooms|
|Indicative Pricing||To Be Advised|
|Unit Type||Unit Size||No. of Units|
|3 Bedroom||84sqm - 108sqm|
904sf to 1163sf
|4 Bedroom||110sqm - 119sqm|
1184sf to 1281sf
*Estimated Sizes are subjected to authority final approval
RIVERCOVE RESIDENCES EC LOCATION
Rivercove Residences EC is located in District 19, on Anchorvale Lane, within 1 km to the prestigious Nan Chiau Primary School. It is well linked to Tampines Expressway (TPE) and Kallang Paya Lebar Expressway (KPE), which getting to to the Central Business District (CBD) or Marina Bay will take only 15 minutes. With a short walk to Tongkang LRT, a station away will get you to Sengkang MRT. There is the newly revamped Compass One, which you have everything from dining, shopping to play. Rivercove Residences EC is in close proximity to Seletar Mall. Residents can take a stroll along the Punggol Park Connector along the river to get to the mall.
Amenities near Rivercove Residences EC
Bus Interchange, LRT & MRT
SENGKANG MRT STATION
THE SELETAR MALL
Anchor Green Primary
Nan Chiau Primary
Pei Hwa Secondary
Nan Chiau High
NTUC FAIRPRICE (FERNVALE POINT)
NTUC FAIRPRICE (SELETAR MALL)
Cold Storage Compass Point
Sengkang Riverside Park
RIVERCOVE RESIDENCES EC – STRATEGICALLY LOCATED WITHIN WALKING DISTANCE TO TONGKANG LRT STATION, WITHIN 1KM OF NAN CHIU PRIMARY SCHOOL AND CLOSE PROXIMITY TO BOTH SELETAR MALL AND COMPASS ONE
Enjoy VVIP Prices and Direct Developer Prices
SMS/Whatapps “Rivercove” to +6590272297 to find out more about this Rare Opportunity
RIVERCOVE RESIDENCES EC SITE PLAN / FLOOR PLAN
ABOUT THE DEVELOPER
Established since 1983, Hoi Hup Realty Pte Ltd, a dynamic property developer who has since completed over 900 quality homes and currently has a pipeline of more than 500 private residential units at different stages of development. Our sell-out projects including The Ford @ Holland, Suites @ Cairnhill and Waterford Residence indicated that our developments were well-received by the market.
An eye for details and years of experience in the industry, our people have gained knowledge of the properties we develop. This knowledge enables us to increase our effectiveness and to deliver a high level of quality and innovative products to our home buyers.
Achieving high standards of building excellence has made us well-attuned to the changing needs of clients. We have also been awarded the Best Buildable Design Award 2007 Merit for De Royale Condominium from Building and Construction Authority. With a disciplined vision and a strong philosophy to develop properties that offer the highest level of style, functionality and innovation within prime and strategic locations, Hoi Hup’s dedication is matched by its commitment to exceptional workmanship and excellent value. Luxurious interiors and imaginative designs are the signature mark of all our developments. We, at Hoi Hup, are driven to innovate and set new standards as the niche developer that caters to a wide range of markets today and tomorrow.
Upcoming Executive Condominium project from Hoi Hup Realty Pte Ltd are located at Yio Chu Kang Road and Anchorvale Lane.
WHY RIVERCOVE RESIDENCES EC
- Sale of Unit and CPF Housing Grant subjected to Eligibility Conditions
- Different Types of CPF Housing Grants Applicable (if eligible)
- Free Shuttle Bus Service to nearby MRT station for 15 months upon TOP. (Operational timing and drop off MRT station is not finalised at this moment and it is subjected to Developer’s discretion.)
- SMART home features with Wireless SMART home system
- SMART living concept that allows booking of condominium facilities, online payment of maintenance fees, arrange for home cleaning services, parties all via an app.
- Riverfront living next to the tranquil and scenic Sungei Punggol/Punggol Reservoir
- Unique layout with kitchen connected to balconies (promotes a different lifestyle)
- Dry and wet kitchen concept for selected 4 and 5-bedroom unit type
- All units have north-south orientation that maximise natural ventilation and no west sun
- 5 Sensational Zones – Nature Zone, Fitness Zone, Relaxation Zone, Active Zone and Family Zone
- Facilities for all ages and generation (Outdoor Fitness Area, Hydrotherapy pool, ample kid’s facilities)
- Direct access to the park connector via the residents’ side gate
- Ample Bicycle parking lots and bicycle washing bay
- Well Connected to MRT/LRT Stations, Schools, Shopping Malls
RIVERCOVE RESIDENCES EC – REGISTER YOUR INTEREST FOR PRIORITY ACCESS AND VVIP DISCOUNTS ON PREVIEW DAY.
It is important to only engage the Official Direct Developer Sales Team to assist you. There are several complex procedures and key factors to consider before committing to purchase a unit. Rest assured that all our representatives are certified, well-trained and committed to deliver. By engaging the Official Direct Developer Sales Team, you will also enjoy the best possible direct developer price. There is no commission required to be paid.
SMS/Whatapps “Rivercove Residences EC” +6590272297 to register for VVIP Preview or simply fill up the contact form below and our dedicated Sales Consultant will contact you shortly!