Rivercove Residences is a brand-new upcoming Exec Condo in Sengkang Anchorvale. This land is a federal government land sales and had attracted 16 developers into the bid in August 2016, represented by Housing Development Board (HDB), the land sale's representative for this Anchorvale EC. This — Sengkang EC granted the land to Hoi Hup Realty Pte Ltd co joint by Sunway Developments Pte Ltd. This duo real estate partners secured the land with the leading bid of $240,950,000 on 5 September 2016. Hoi Hup Sunway are no unusual name in Singapore realty market. Hoi Hup Realty Pte Ltd won Best Buildable Design Award Merit and Construction Excellence Award and Sunway Developments Pte Ltd, presented ingenious items like the pre-made bathroom system and the lift upgrading program to profit the general public.
Rivercove EC appeals to the first timer purchasers and also HDB upgraders. "Most buyers are attracted to Rivercove Residences as it is within 1 kilometres vary in range to Nan Chiau Primary School. This is a vital aspect for purchasers nowadays as being near to excellent institution permits them to have the distance concern for enrolment to the school. Rivercove Residences price is lower compared with its neighboring private condo. When it comes to first timer application, purchasers could obtain as high as $30,000 Central Provident Fund (CPF) Grant from the government subject to eligibility criteria." highlighted by Ryan Tee, Best Deal Singapore Project Co-ordinator.
Rivercove Sengkang is a leasehold 99 years land lies close to the growth region Seletar Regional Centre. This location contains Seletar Aerospace Park. It is committed to the aerospace segment under the Phrase One and Two. Currently in Phrase Three 3, it provides for small to medium-sized regional business starting a their business at Seletar Aerospace Park, enabling them as manufacturer, distributors and also company in the very same aerospace segment to gathered in one place for greater efficiency and reduced travelling time. Hence, Rivercove EC owners will benefit from upside potential of rental and or sale in further.
Rivercove Residences showflat is anticipated to be open in February 2018.
Release ID: 271592