Frank Lloyd Wright
Rivercove Residences Anchorvale Sengkang EC by Hoi Hup Realty & Sunway Developments
This brand new executive condominium, The Rivercove Residences Anchorvale Sengkang EC will be in the Sengkang, Singapore. Expected to launch soon after an extremely successful tender in late 2016. A new and highly anticipated EC will be launched in Sengkang. Not lacking in recreation activities (PCN) or good schools (Nan Chiau) will be an added advantage. Coming from a team of prestigious developers, Hoi Hup Realty and Sunway Developments. Highly sought after Rivercove Residences Anchorvale Sengkang EC will be launch in Apr 2018.
New EC Launch to Follow S$240.95 Million Tender Bid
The EC site attracted the most competitive tender in the recent years. With 16 developers bidding on the property, the most since 2013. Average number of bidders for an EC tender in Singapore is about 8 bidders on average. Fiercely fought after Rivercove Residences Anchorvale Sengkang EC was sold for an impressive S$240.95 million. It was a joint venture between Hoi Hup Realty and Sunway Developments. Competitive tender is a result of the prime location with the expected growth of the Sengkang area. A result of the government master plan, and an increasingly optimistic EC market. Launch date will be for Apr 2018, it could not be launched in a better place or at a better time.
Sunway Development and Hoi Hup have collectively been in the development business for decades. They know a great opportunity when they see one. This is the reason why they decided to combine their resources to place the highest bid at tender for Rivercove Residences.
Hoi Hup has been committed to innovative and functional design since 1983. Over the years, they have received numerous awards for their work. Once, receiving the Best Buildable Design award in 2007. They had created successful sell-out residential properties such as The Ford @ Holland.
Since 1976, Sunway Development has shared the same values as Hoi Hup, with an additionally strong commitment to sustainability. They specialize in developing sprawling townships like Sunway City. Bringing their expertise to a numerous residential developments such as Kiara Hills, Sunway Palazzio, and Sunway Vivaldi.
Not the first joint venture that these developers have worked on. In the past, they had developed City View @ Boon Keng, and The Peak @ Toa Payoh. The Peak, apartment with 1,200 units, they have proven that they are able to tackle massive development. Their strong partnership is good news for Rivercove Residences’s development.N
Frank Lloyd Wright
Residents will have access to top quality education facilities nearby Rivercove Residences. Parents are not limited to just one primary school, but can instead have several options to choose from. The condo is just minutes away from three outstanding primary schools – Anchor Green Primary School, Nan Chiau Primary School, and Springdale Primary School. For secondary school, Nan Chiau High School is also just around the corner.
The new Rivercove Residences Anchorvale Sengkang EC will be close to amenities such as Seletar Mall, Compass One, Waterway Point, Rivervale Mall. The famous Jalan Kayu Eateries and Seng Kang Sports & Recreation Centre is also nearby.
Malls comprises of good mix of anchor tenants including NTUC, Cold Storage and Popular bookstore. In addition, there are cinemas in Seletar Mall or nearby Punggol Waterway Point. Jalan Kayu is well known for its stretch of eateries and it is recognized as a new identity node. It will see significant improvements in its physical environment include the addition of new pedestrian pavements, through the effort of URA.