Rivercove Residences is the latest Executive Condominium in the Anchorvale Lane neighborhood of Sengkang, Singapore. It is expected to launch in the 1st Quarter of 2018. This project is jointly developed by Hoi Hup Realty and Sunway Developments, both are Singapore’s well established developers. Hoi Hup Realty is the developer who fully sold out 100% of their Hundred Palms Residences EC in Yio Chu Kang Road few months ago within 7 hours.
Rivercove Residences EC comprises 10 blocks of 16 storey height approximately 628 residential units. An resort style executive condominium with comprehensive facilities for the residences, a rare waterfront EC. Hoi Hup Realty featured Smart Home Technologies such as the digital lock and an extensive camera system, residents are rest assured by the top-notch home security network. Rivercove Residences at Anchorvale is loaded with wide-spread and exclusive amenities, these include a guard house, Function Room, Clubhouse, Basement Carpark, Wading Pool, Jacuzzi, Indoor Gym, Tennis Court, Children Playground and outdoor BBQ Dinning Area, Pavilion. Rivercove Residences is laden with complete family entertainment perfect for you and your family. So, pamper yourself, come and experience this calm and tranquil existence in the heart of Sengkang.
Executive Condominium are an attractive option for first-timers or HDB upgraders which cater for sandwich class, those with a household income of up to $14,000. As a result, ECs are usually priced at a 20% to 30% discount to comparable private condos. Furthermore, First-Timers entitle grant up to $30,000. This would give home buyers more room for Price Appreciation and immediate paper gain.
With the Strong Demand of an Executive Condominium in the North East region of Singapore, we will foresee Rivercove EC will be another strong demand project in 2018!
Next EC launched in Sumang Walk in 2019 will likely be above 1000 psf! See Sumang Walk land bid below