Riverfront Residences building

Riverfront Residences

Riverfront Residences is a new condo development at Hougang Avenue 7, District 19. This river facing project is the former Rio Casa HUDC that was sold collectively to Oxley-Lian Beng Venture PTE LTD in an en bloc deal for $575 million. On top of the purchase price, developer have to top up the lease to a fresh 99 years for a differential premium of $208 million which also includes the development for a gross...