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Purchased

River Place

60 Havelock Rd
Posted on : 2019-03-14
Property ID : SG03RIVERPLACE01

969
SQ. FT.

2
Bedrooms

2
Baths

2000
Top Year

3.04%
Gross Rental

River Place is a unique development lined by the Singapore River in Robertson Quay/River Valley, a popular area of expat living and is the closest to CBD address in the whole of District 3. The development is the newer of only two 99 years lease in the region. Our investment philosophy favours shorter tenure without paying for the freehold premium. The Robertson Quay/River Valley area is refreshed with many projects on the pipeline, incl. 2 train lines & the launch of various luxury hotels. Recent en-bloc of Pacific Mansion will also prove to be supportive to psf price and should lift the investment appeal of the neighbourhood, exposing it to offshore markets with tremendous returns potential once launched.

Development Details
Tenancy Term: 2 years
Furnishing: Bare with White Goods
Strata Fee: 330 Per Month
Developer: Far East Organization
Tenure: 99 Years Leasehold
Floor Level: Low Level

Asking Price

$1,500,000

Excludes tax and charges

Price / SQ. FT.

$1,548

Price round to nearest $

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Investment Status

1 investors

334 units left to completion

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