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Thread: RiverFront Residences

  1. #1

    Default RiverFront Residences

    🌊Riverfront residences 🌊

    *LOW BOOKING FEE FROM *
    $28900!!

    Price Guide
    1 br 463–581sft fr $578k
    1+S 517–635sft fr $645k
    2 br 603–689sft fr $753k
    2 br Premium 721–861 fr $900k
    3 br 872–1087sft fr $1.1m
    3 br premium 1066–1292sft fr $1.33m
    4 br 1410–1625aft Dr $1.76m
    4 br P+PL 1485–1711sft fr $1.82m
    5 br P+PL 1679–1905sft fr $2.01m
    Terrace 2109sft fr 2.425m

    Uncover this rare gem in the North East, Riverfront Residences is labelled as the Project of the Year with the many desirable selling points that buyers and investors are looking out for!

    Located at Hougang Avenue 7, its location boosts the following conveniences and lifestyles:
    - Close Proximity to MRT stations such as Hougang(7min Walk), Buangkok and Kovan MRT
    - Easy access to wide array of amenities including dining, entertainment and shopping at Hougang Mall, Heartland Mall and Compass One which are approximately 2km away from the condominium
    - More than 100 Facilities
    - Fantastic view of the Serangoon River

    About 1,472 residential units are available for selection!

    Low PSF! 👍🏻
    Don’t miss out! 😍
    Right entry price! 💰

    Call me now to find out this beautiful development project in D19!

    Teo See Hwa
    ☎ 87821025
    *Riverfront Residences Project * PropNex

  2. #2
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    This one confirm can sell above 70%.

  3. #3

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    Quote Originally Posted by star View Post
    This one confirm can sell above 70%.
    Indicative pricing seems more reasonable. Similar to Parc Botannia and tapestry psf.

  4. #4

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    Quote Originally Posted by azeoprop View Post
    Indicative pricing seems more reasonable. Similar to Parc Botannia and tapestry psf.
    priced to sell for sure.

  5. #5
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    Quote Originally Posted by bargain hunter View Post
    priced to sell for sure.
    Land price include lease top up already cost $706psf.
    Construction cost another $350psf.
    Havent even include marketing fee. Likely developer made very little profit.

  6. #6
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    Quote Originally Posted by star View Post
    Land price include lease top up already cost $706psf.
    Construction cost another $350psf.
    Havent even include marketing fee. Likely developer made very little profit.
    10% GFA?
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  7. #7

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    Quote Originally Posted by star View Post
    Land price include lease top up already cost $706psf.
    Construction cost another $350psf.
    Havent even include marketing fee. Likely developer made very little profit.
    then again phase 1 they can sell at 13xxpsf average which already makes some and raise prices for the remaining units as sales continues to pick up for the project.

  8. #8

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    prices are reasonable.

    however, i will be a bit cautious here, resale condos in the surrounding vicinity are going for 800psf

  9. #9
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    Quote Originally Posted by sginvestor View Post
    prices are reasonable.

    however, i will be a bit cautious here, resale condos in the surrounding vicinity are going for 800psf
    U mean rio vista and florida? Both r around 18yrs old compare to brand new.if u take twin vew and tapestry compare with surrounding condo both r also priced higher than surroundings.
    Last edited by star; 6th June 2018 at 10:33 PM.

  10. #10
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    Riverfront and tapestry’s location are in the same league, that’s y similar pricing.
    It was stated 7mins walk to mrt, I highly doubt so. It’s Pretty far.

  11. #11
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    I think price is quite good if we look at all current condo enbloc prices.

  12. #12

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    oops, yes, was referring to old condos.

    ok, people will pay a 30% premium for new condos then.

  13. #13
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    Hi sginvestor, What do u think about the garden residences or affinity Condo price?

  14. #14
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    Quote Originally Posted by sginvestor View Post
    oops, yes, was referring to old condos.

    ok, people will pay a 30% premium for new condos then.
    Data dont lie. Just take a look at price of forest woods and sunglade. New vs old.

  15. #15
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    Riverfront’s sale will most likely be better than TGR and affinity as pricing is reasonable for self stay, not rental for that location.
    Current acceptable pricing benchmark for condo at not so good location is around 1300 psf. My only concern is this project has 1400++ units. May face stiff competition when selling.

  16. #16

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    ok. ~25% higher for forest woods and sunglade.

    but forest woods worth a buy (choose units with the right facing and privacy), walking distance to MRT.

  17. #17

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    Quote Originally Posted by star View Post
    Hi sginvestor, What do u think about the garden residences or affinity Condo price?
    prices were reduced for garden residences - think it's more reasonable now
    of course, the agent just told me that prices will be increased from next week, oh well, i need to see other condos before making a choice.

    prices are ok, the only drawback is the accessibility of the location, that's just my personal opinion for what it's worth

  18. #18
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    Quote Originally Posted by sginvestor View Post
    ok. ~25% higher for forest woods and sunglade.

    but forest woods worth a buy (choose units with the right facing and privacy), walking distance to MRT.
    U can compare The Tropica and Tapestry too. Also about 18years. Old VS new. Both r far from mrt. Tapestry is more than 30% higher price but still hot like potato.

  19. #19

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    Quote Originally Posted by sginvestor View Post
    oops, yes, was referring to old condos.

    ok, people will pay a 30% premium for new condos then.
    Different play, some play long others play short.

  20. #20

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    Quote Originally Posted by sginvestor View Post
    prices were reduced for garden residences - think it's more reasonable now
    of course, the agent just told me that prices will be increased from next week, oh well, i need to see other condos before making a choice.

    prices are ok, the only drawback is the accessibility of the location, that's just my personal opinion for what it's worth
    One buyer came into the showflat keep talking about accessibility of the location, I ask him do he take public transport guess what is his reply.

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