A Singapore based developer – Hoi Hup Realty Pte Ltd has recently sold out its executive condominium project in Hougang, Hundred Palms Residences EC due to strong demand. The EC was fully sold within 7 hours
Established since 1983, Hoi Hup Realty has completed over 900 over high quality homes and are currently developing many more upcoming private residential developments. One of the premium development, Sophia Hills @ Mount Sophia has seen excellent sales since its launch.
Rivercove Residences Executive Condominium at Anchorvale Lane is developed by reputable joint venture developers Hoi Hup Realty & Sunway Developments. The development comprises of 10 residential blocks ,each at 15 story towers. There are a total of 635 units for slection by prospective buyers. The tender of the site land was among one of the most competitive bids in Singapore where 16 developers were bidding at their possible price to secure the vast land. The eventual winners was Hoi Hup Realty and Sunway Developments who paid S$240.95 million, which is slightly over S$355 per square foot per plot ratio.
Rivercove Residences is well connected to the Kallang-Paya Lebar Expressway (KPE),Central Expressway (CTE), Tampines Expressway (TPE), Seletar Expressway (SLE) and other major truck roads. Residents of Rivercove EC are able to commute to every part of Singapore with ease.
With a short walk to Layar LRT and Tongkang LRT, residents can get to Sengkang MRT within 5 minutes. Other shopping malls connected to Rivercove Residences via Sengkang LRT network and MRTs include Water Point in Punggol MRT, NEX Mall in Serangoon MRT, Hougang Mall at Hougang MRT, Fernvale Mall and Compass One.
Rivercove Residences EC offers a panoramic view of the surrounding natural scenery within the comfort from each unit. The executive condominium provides luxurious yet an affordable and comfortable lifestyle for everyone. Rivercove Residences Floor Plans of the 635 units are well configured to suit lifestyle needs and cater to a wide variety of home buyers including young couples, family with kids and extend family living.
Sengkang Sports and Recreation Centre which is within walking distance from the EC is equipped with a four storey community centre, soccer fields, badminton courts, hockey rinks, swimming pools eateries. Additional amenities or facilities also include swimming poolsplayground for kids, and garden for elderly people, gym, barbeque area. Rivercove Residences also extends a chance for all to enjoy the well-maintained facilities and exquisite finishings brought to them by the developer.
There are several prestigious schools such as Pei Hwa Secondary School, Nan Chiau Primary School and Nan Chiau High School. Business and work opportunities situated at Selatar Aerospace Park are in close proximty to Rivercove Residences.
The foodie night spot Jalan Kayu located at the North East part of Singapore, is next to Rivercove Residences where it offers residents a vast choice for food.
As strong demand of Executive Condominiums are expected in the North East part of Singapore, many foresee Rivercove REsidences EC will be another sold out project in 2018. Analysts also noted that there are no other EC developments in the Punggol Sengkang area and Rivercove Residences Sunway Developments will be well received by first time upgraders and HDB upgraders around in Hougang, Sengkang and Punggol area.