Rivercove Residences by Hoi Hup is the ONE and only EC launch in 2018. This project is a hot one with expected 100% sell out upon its launch on 14 April 2018. Indicated PSF is attractively priced at S$900++ which is absolutely value for money relative to the private condo Parc Botannia in the vicinity where its average selling price is more than S$1200psf.
The huge crowd at the showflat site for viewing over the last 2 weekends have been incredible. Traffic jam up at the road along Sengkang West Avenue leading into the showflat carpark.
It is worthwhile to mention that City Development had recently won another EC site at Sumang Walk in Punggol area at a record wining bid of S$583 per square foot plot ratio which translates to an expected selling price of S$1,000psf and above in the future. In contrast, Hoi Hup got the Rivercove site at only S$355 psf ppr.
Will Hoi Hup repeat its amazing feat of selling out 100% of all units in Hundred Palms EC @ Hougang in less than 7 hours? With the sky high selling price of future EC and Rivercove being the one and only EC launch in 2018, this EC project will be selling like McDonald Hotcakes!
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