Waterfront living at very affordable Price

THE PARTICULAR mangrove-lined coast line with the Sungei Punggol Tank within Sengkang condo usually are facing some sort of deluge involving new exclusive homes. All around 1, 000 new models will be available on the market in two weeks in the Fernvale place, that is around Layar LRT.

The actual Riverbank @ Fernvale, containing 555 models, sets the particular soccer ball rolling with its launch down the road. That is to be accompanied by the particular relieve with the 495-unit Rivertrees Homes, that is proper to your neighbors, about February twenty-two.

Rivertrees Residences, found in Fernvale In close proximity, together the particular Sungei Punggol Tank, can be a 99-year leasehold project becoming put together by some sort of range composed Frasers Centrepoint, Far east Orchard as well as Sekisui Household.

It’s concerning 150m involving water tank frontage. More than 85 percent with the models will have vistas with the water tank, the particular Frasers-led range mentioned in a assertion the other day.

The actual improvement will likely such as a group involving nine three-bedroom, strata-titled arrived duplex homes. The actual programmers mentioned they were the particular “only waterfront arrived homes within Singapore, in addition to these in Sentosa Cove”.

Additional models range between 506 sq ft one-bedders to at least one, 593 sq ft four-bedders, making it the cheapest condo in singapore. Frasers decreased to show the typical value the other day yet mentioned price ranges would range between $950 for each sq ft (psf) to $1, one hundred fifty psf. Current market anticipations ended up for an typical price involving slightly in excess of $1, 100 psf.

Mr Cheang Kok Kheong, leader involving Frasers Centrepoint’s improvement as well as property department, explained to some sort of briefing before that full week that will Rivertrees could possibly be $50 psf to $100 psf more pricey compared to Riverbank’s typical value involving slightly in excess of $1, 000 psf.

Charges for the 1, 528 sq ft arrived homes in the Rivertrees Residences improvement would be “different” yet will be below $2 mil altogether for each and every of the people models, they mentioned. He or she extra that will more than 1, 000 people visited the particular showflat final few days.

Curious potential buyers can also be buffering set for the particular 99-year leasehold Riverbank @ Fernvale. Riverbank programmer UOL mentioned about Mondy it has accumulated more than 500 cheques for the project, that may launch down the road.


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