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Riviere: an iconic development by the Singapore River

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A Quayside Lifestyle

Rivière brings together the best of the 3 quays. The tranquility of Robertson Quay; the excitement of Clarke Quay; and the vibrancy of Boat Quay.

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riviere by frasers

A Prime City Address

Prime district 09 River Valley. A location favoured by home owners and savvy investors.

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Total Number of units in Riviere = 455
sold 28%

1 bedroom 560sqft
2 bedroom 818-840sqft
3 bedroom 1141-1711sqsft
4 bedroom 2002sqft

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riviere by frasers

1 bedroom type

1 bedroom 560sqft from $1.481m (#04-09)

riviere by frasers

2 bedroom type

2 bedroom 818 – 840sqft from $2.169m (#02-11)

riviere by frasers

4 bedroom type

4 bedroom 2,002sqft from $5,346m

Disclaimer: All information, unit availability and price quoted are accurate as at 12 June 2021 and subject to changes anytime without notification

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FCL tops bids for former Zouk site at S$955m

Frasers Centrepoint Limited trumped nine other bidders with an offer of $955.4 million for a residential plot in Jiak Kim Street, the former site of popular nightspot Zouk.

Separately, Allgreen Holdings emerged top among seven bidders for a residential parcel in Fourth Avenue, lodging a tender of $552.96 million.

The two 99-year leasehold sites were originally on the Reserve List of the Government Land Sales (GLS) programme and were triggered for public tender after minimum acceptable bids were made.

The 13,482 sq m site in Jiak Kim Street comes with commercial use on the first floor. FCL’s bid for this site translates to $1,732.55 per square foot per plot ratio (psf ppr), only 0.6 per cent above the second bid from Hong Leong Holdings and Hong Realty, which are controlled by Singapore tycoon Kwek Leng Beng.

The bid by fellow tycoon Robert Kuok’s Allgreen Holdings for the 18,532.2 sq m site at Fourth Avenue reflects a land rate of $1,540 psf ppr, which is 2 per cent above the second-highest bid, from Bukit Sembawang Estates.

Source:
The Straits Times – 5 Dec 2017


Old Zouk site to be put up for sale for mainly housing development

The site at Jiak Kim Street formerly home to the iconic nightclub Zouk will be put up for sale for residential development with a commercial component on the first storey, with analysts expecting it to garner rich bids given its premium waterfront location and heritage.

The Urban Redevelopment Authority (URA) on Friday (Sept 29) said it would launch the site for sale in two to three weeks, with a tender period lasting about six weeks. The 99-year leasehold site, first made available for sale on the Reserve List of the Government Land Sales (GLS) programme in June this year, has been triggered for sale after an unnamed developer committed to bid at a minimum price of S$689.353 million, the URA said.

The site, which sits on about 145,123 sq ft of land, has a gross plot ratio of 3.8, translating into a maximum permissible gross floor area of 551,478 sq ft. This can be developed into an estimated 525 homes, the URA said.

The Jiak Kim Street site was home to Zouk for 25 years until the world-famous nightclub moved to Clarke Quay last December. The land parcel enjoys a waterfront view of the Singapore River, with direct access to the river promenade accompanied by a good mix of retail, dining and entertainment options, the URA said.

Dr Lee Nai Jia, Senior Director and Head of Research at property consultancy Edmund Tie, said: “The trigger of the land parcel at Jiak Kim Street is another sign that the market has turned, given the trigger bid and the time it took to trigger. The site, which was first made available for sale on the Reserve List in June, was triggered in just three months.

Previously, the sites in the Reserve List can remained untriggered for one year or longer. Additionally, the trigger price is relatively high at S$689.35 million for a predominantly residential site, which works out to be about S$1,250 per sq ft per plot ratio.”

“Notwithstanding, the residential site may be worth the high trigger price, as it offers many unique selling points and ticks all boxes. First, many people identify with the location, as the site formerly housed Zouk, and the developer can leverage on its heritage to attract buyers… Second, the site is within District 9 and offers great accessibility to CBD and Orchard/Scotts Road. It is also within walking distance to River Valley Primary School, the upcoming Havelock MRT station on the Thomson East Coast Line (expected to be operational in 2021) and close to many nightlife outlets. The site will attract foreign buyers and investors seeking to rent to expatriates,” he added.

Mr Desmond Sim, Head of CBRE Research in Singapore and South East Asia, said: “Sites offered on the GLS programme have always been a more favoured route for developers to procure land as they are offered unencumbered and the process is more straightforward.”

Source:
TodayOnline – 29 Sept 2017


FRASERS PROPERTY

Frasers Property Singapore is a strategic business unit of SGX-listed Frasers Property Limited, a multi-national company that owns, develops, and manages a diverse and integrated property portfolio with total assets of approximately S$38.7 billion as at 31 September 2020.

Frasers Property first embarked on property development in 1980 with the building of The Centrepoint, one of Singapore’s major shopping centres in the heart of Orchard Road. We were then a part of the property division of Cold Storage Limited.

In 1990, we became a subsidiary of Fraser and Neave, Limited, a diversified business established since 1883. From a shopping centre property company in the 1980s, we have become a multi-national company listed on the SGX-ST, with businesses across five asset classes and a global hospitality footprint that spans over 80 cities.

With a strong reputation for quality and expertise, Frasers Property Singapore develop homes, and manages a portfolio of shopping malls and commercial properties. We consistently deliver carefully designed, high-quality living, memorable shopping experiences, and innovative commercial spaces of tomorrow.

As an established real estate company with a diverse portfolio, we are well-positioned to make a difference to the sustainability of our developments. The aim is to create healthier, greener spaces while collaborating with customers to deliver internationally-recognised standards of environmental design and performance.


SCDA is a design studio seamlessly integrating architecture, interiors, landscape and product design to create holistic spatial experiences. Established in 1995 by Founding Principal and Design Director Soo Chan, SCDA was the recipient of three American Institue of Architects (AIA) International (2018) and AIA NY Awards for Architecture (2019); inaugural Royal Institute of British Architects (RIBA) Award for International Excellence (2016); the RIBA International Award for OneKL (2012) and the Lincoln Modern (2003); and the SIA-Getz Architecture Prize for Emergent Architecture in Asia (2006), in addition to nine Chicago Athenaeum International Architecture Awards.

SCDA’s work strives for tranquility and calmness qualified by space, light and structural order. Architectural expressions are distilled, to capture the spiritual essence of ‘place’; while architecture and interior are inspired by the cultural and climatic nuances of context;  integrating landscape, water features and blurring the boundary between inside and out. Spaces are characterized by lush gardens, water courts and air wells, effecting a sensuous engagement with the elements. A sensitivity to the inherent beauty of natural materials is expressed through clarity in construction details, and elemental architectural expression.

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