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The one and only Executive Condominium in the year 2018 was successfully bidded by Hoi Hup Realty Pte Lid and Sunway Developments Pte Ltd. This Anchorvale EC is jointly developed by Hoi Hup Sunway, a consortium comprising of Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd. This duo developers, combined with their strong attributes and expertise, have built numerous developments in Singapore such as Whitely Residences, a strata landed in prime Whitley Road, The Peak @ Toa Payoh, City View @ Boon Keng and also the latest, 1 day sold out record-breaking Hundred Palms EC in Hougang.Rivercove Residences stood on a land area of 226,201 square feet. This land sale was transacted for $240,950,000 on the 5 September 2016, dealt single handed by Housing Board Development as the land's sales agent by the Government. This land sales was highly contested with a total of 16 top established bidders. According to Mr Jeffrey Chan, Best Deal Singapore project," Rivercove EC is aggressively bided by developers as moving forward, this is the only Executive Condominium available for the year 2018. Limited supply of EC units in the Singapore market triggered developers to come forward for the bids. Moreover, EC purchasers are getting a real bargain in purchasing Executive Condominium as the purchasing entry price is at least a few hundred dollars per square feet lower compared to a private condominium. The only restriction is the purchasers must meet the Housing Board Development (HBD) eligibility criteria before they are allowed to purchase."
Rivercove EC showflatt is scheduled to be available in the first quarter of 2018. Interested buyers can visit Rivercove EC forum for more featured details on the specifications of the condo units and reviews on the developer's track records before the official launch on site at Anchorvale Lane.
Contact Info:
Name: Jeffrey Chan
Email: Send Email
Organization: Best Deal Singapore
Address: Anchorvale Lane
Phone: +65 61001308
Website: http://www.bestdealsingapore.com
Release ID: 271323
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