Riverfront Residences

Riverfront Residences at Hougang Ave 7 (former Rio Casa)

Jointly developed by KSH Development, Oxley Holdings, Lian Beng Group and Apricot Capital.

Riverfront Residences

About Riverfront Residences Developers

Oxley Holdings

Oxley Holdings Limited

Profile

Oxley Holdings Limited (“Oxley” or “the Group”) is a home-grown Singaporean property developer. Oxley is principally engaged in the business of property development and property investment. Since its inception, the Group’s accelerated growth has resulted in a burgeoning presence both locally and overseas. It now has a presence across twelve geographical markets.

The Group has a diversified portfolio comprising development and investment projects in Singapore, the United Kingdom, Ireland, Cyprus, Cambodia, Malaysia, Indonesia, China, Myanmar, Australia, Japan and Vietnam. Oxley’s expertise does not lie solely in property development; the Group also renders project management and consultancy expertise in Myanmar.

Oxley Holdings’ property development portfolio encompasses choice residential, commercial and industrial projects. Key elements of the Group’s choice developments include prime locations, desirable lifestyle features and preferred designs. With a keen grasp of market sentiments and trends, Oxley has achieved remarkable growth since its inception.

As part of its strategic expansion, the Group has also entered into partnerships with reputable local and overseas developers as well as business partners. In 2013, the Group acquired a 20% stake in Galliard (Group) Limited, a leading property developer in the United Kingdom. Galliard (Group) is a property development, hospitality and management group overseeing a wide variety of developments across London and Southern England. Since then, Oxley Holdings has also acquired a 40% stake in Pindan Group Pty Ltd, an integrated project group based in Western Australia, and a 15% stake in United Engineers, a Singaporean property development and engineering company that was founded in 1912.

 

History

In 2008, with more than a decade of experience in the property and construction industry, Oxley’s founder Mr Ching Chiat Kwong spotted a gap in the market that needed to be filled. He observed that there was an increasing demand for affordable private residential properties amongst young working adults – piqued by an innate desire for a more sophisticated and vibrant lifestyle.

By then, Mr Ching had successfully developed and launched more than 13 property development projects in Singapore, all of which were fully sold within three months of their respective launches.

In mid-2009, Mr Ching, together with current Deputy CEO Mr Eric Low See Ching, as well as substantial shareholder Mr Tee Wee Sien, entered into a joint-venture to develop properties that would impact the industry. This partnership enabled them to leverage each other’s financial resources and expertise. Oxley Holdings Pte Ltd was incorporated in Singapore on 16 March 2010 as a private company limited by shares. On 13 October 2010, the Company was converted to a public company limited by shares and subsequently renamed “Oxley Holdings Limited”.

Oxley Holdings Limited was listed on SGX Catalist in October 2010 and made its transfer of listing to the SGX Mainboard in February 2013.

 

Vision

Oxley’s success has been attributed to its keen sense of judgement paired with astute foresight. Spotting development trends is an integral aspect of the Group’s work process. Having pioneered the concept of the shoebox apartment wave and swanky business hubs, what now solidifies its reputation and presence both locally and overseas is the boldness that influences and fuels each project.

Key examples of Oxley’s choice developments include Royal Wharf, a waterfront township development in London, The Peak and The Bridge, two mixed-use developments in Phnom Penh, Cambodia, as well as Dublin Landings, the largest mixed-use development in the business district of Dublin, Ireland.

The Group’s willingness to venture out of its comfort zone and its determination never to rest on its laurels have brought it where it is today. Beyond its commercial success, however, Oxley is keenly focused on nurturing employees and giving back to the community. As to what, Mr Ching would say, “Development is about changing the landscape of towns and building communities. Through thoughtful development, we want to create an environment that allows people to build their dreams”.

Lian Beng Group

Lian Beng Group

Established in 1973, Lian Beng Group is one of Singapore’s major home-grown building construction groups with integrated civil engineering and construction support service capabilities. The Group is principally involved in the construction of residential, industrial and commercial projects, and civil engineering projects as the main contractor.

Lian Beng’s status with the Building and Construction Authority (BCA) as an A1 grade contractor in General Building enables it to tender for public sector building projects of unlimited contract value, while its A2 grade in Civil Engineering allows it to handle engineering projects of up to $85 million in contract value. Through its years of experience and solid track record, the Group has also established for itself a solid reputation for its ability to handle large-scale and complex projects.

Beyond construction, Lian Beng is also engaged in other construction-related activities. These include the provision of scaffolding and engineering services, supplying of ready-mix concrete, leasing of equipment and machinery, reinforcement bar fabrication and training of foreign construction labour. The Group also engages in property development, albeit on opportunistic bases, and usually with joint-venture partners.

The Group was listed on the Main Board of the Singapore Exchange in 1999.

Milestones

1973
Mr Ong Sek Chong, the then Chairman of Lian Beng Construction Company, started operations as a sub-contractor for small scale civil engineering and building projects.
Mr Ong Pang Aik, the current Executive Chairman of the Group, joined the company in 1978 and is responsible for supervising work site and tendering for projects.
From 1978 to 1988, business expanded in terms of contract size awarded and scope of work undertaken. Began to tender for small-scale civil engineering and building projects as a main contractor.

1988
Conversion of Lian Beng Construction (1988) Pte Ltd (LBC), the flagship company of the Group, with $500,000 paid-up capital to undertake businesses from the sole proprietorship.
From 1988 to 1993, LBC undertook numerous public sector projects for government bodies, mainly for upgrading and construction of schools, polyclinics, libraries and terrace factories; also secured residential and industrial construction projects in private sector.

1993
In 1993, achieved significant milestone when LBC was awarded first Singapore Housing and Development Board Project in Tampines.
Since then, many successful tenders and completion of HDB projects, creating a niche in public housing projects.

1996
Registration with the Building and Construction Authority in Singapore as a Grade 8 (G8) building contractor; a highest classification with BCA equivalent to the current A1 grading.
Awarded first private residential project with contract value exceeding $100 million
Ventured into engineering and leasing of construction machinery and equipment. Incorporated Lian Beng Engineering & Machinery Pte Ltd in 1996 and Tradewin Machinery & Equipments Pte Ltd in 1997 to complement Group’s business and diversify earning base by providing construction services to contractors in Singapore.

1999
With the expansion of operation in size and stature to become one of the major home-grown HDB building contractors, the Group goes on to be listed in the Mainboard of the Singapore Stock Exchange in 1999.
Shifted into the Group’s current Corporate Headquarters

2000
Began to diversify into property development market in Singapore. Incorporated Rocca Investments Pte Ltd and Lian Beng Realty Pte Ltd to undertake the development projects.
Acquire a factory of land area 109,184 sq ft for the expansion of engineering and leasing operations
LBC teamed up with another local company and a Bangladeshi company to set up a vocational training school in Dhaka, Bangladesh. This school was managed by Lian Beng (Bangladesh) Training & Testing Centre Pte Ltd, a joint venture company set up by LBC and its joint venture counterparts.

2001
To further consolidate position in the construction industry, the Group successfully acquired a G8 building construction company, Deenn Engineering Pte Ltd – an established “design-and-build” company incorporated in 1975.

2004
The Group, with a joint venture partner, incorporated a subsidiary, PT Lian Beng Energy to undertake a five-year overburden removal contract in Muara Tae, East Kalimantan, Indonesia.

2006
Lian Beng Group Ltd’s subsidiary, LBC and Amin Construction Private Limited (a Maldives incorporated construction company) formed a joint venture company, Lian Beng – Amin Joint Venture Pvt. Ltd. in the Republic of Maldives to undertake a USD 17.4 million project for the Design and Build of 600 single-storey housing units in Raa Dhuvaafaru, Maldives.

2007
Lian Beng Group Ltd’s subsidiary, LBC clinched a construction project for the highly anticipated Marina Bay Sands Integrated Resort development.

2008
Group’s incorporation of new subsidiary, Millennium International Builders Pte Ltd to undertake construction of ultra-luxury niche projects.

2009
The change of company name for Group’s wholly owned subsidiary, Tradewin Machinery & Equipments Pte Ltd to Tradewin Engineering Pte Ltd

KSH Holdings Limited

KSH Holdings Limited

KSH Holdings Limited (“KSH” or the “Group”) (“金成兴控股有限公司”) is a well-established Construction, Property Development and Property Investment group that was incorporated in 1979 and has been listed on the Mainboard of the SGX-ST since February 8, 2007.

KSH has an established track record of handling construction projects across a broad spectrum of industries, and its projects have performed well in CONQUAS, a standard assessment system on the quality of building projects. KSH had won several BCA Construction Excellence Awards including that for Fullerton Bay Hotel and NUS University Town’s Education Resource Centre in 2013 and Madison Residences in 2014, amongst others.

Through strategic alliances and joint ventures, KSH’s property development and investment presence spanning across various real estate sectors including residential, commercial, hospitality, and mixed-use developments. Apart from having successfully executed residential and mixed-use development projects in Singapore and the People’s Republic of China (“PRC”), it has jointly acquired properties in other geographies including the United Kingdom, Australia, Malaysia and Japan. It will continue to explore opportunities in new geographies with favourable real estate cycles with a focus on Southeast Asia.

On the Property Investment front, the Group invests in yield-accretive assets that generate a sustainable stream of income with potential capital gains. Its investments include strata units in a 30-storey Grade A office development, Prudential Tower in Raffles Place, and a 36-storey retail and office complex, Tianxing Riverfront Square, in the heart of the business district of Tianjin, PRC.

The Group seeks to continue broadening its businesses and projects, and exploring opportunities in new markets while striving towards sustainable growth to enhance shareholder value.

Our Vision

To be a leader in building construction services in Singapore and a sizeable investor in property development in the region.

Our Mission

We are committed to contributing social and economic benefits to our society through the provision of high quality and cost-effective services in construction and niche property development activities in the region.

We provide innovative solutions in an efficient and professional manner to meet our customers’ requirements in building and property businesses by bringing together the best available resources and continually improving our processes to deliver excellence.

As we achieve the above, we will also generate fair and satisfying economic value for our shareholders.

Apricot Capital

Apricot Capital

Apricot Capital is a seed stage investment firm based in Boston and Toronto. Apricot was founded in 2010 by partners Peter Wernau and Jennifer Lum; colleagues of many years interested in investing in smart entrepreneurs and sharing their combined financial and operational expertise. Apricot invests in early-stage technology companies in the US and Canada.

Peter Wernau

Peter is the Managing Partner of Apricot Capital.  He also serves as President and CEO of Wernau Asset Management. Since starting Wernau Asset Management in 2003, Mr Wernau has co-founded several other complimentary active companies including Back Bay Mortgage Brokers LLC and Dartmouth Street Ventures.

Jennifer Lum

Jennifer is a Co-founder of Apricot Capital.  She is also a Co-founder of Adelphic.  Jennifer was a core team member of Quattro Wireless (acquired by Apple),  m-Qube(acquired by VeriSign) and WebHosting.com (acquired by SBC Communications) and has also worked as a management consultant with several public corporations. Jennifer is a mentor at 500 Startups and TechStars.

Riverfront Residences Singapore

Riverfront Residences Project Details

  • Factsheet
  • Unit Mix
  • Site Plan
  • Floor Plans
  • Recreation Facilities
  • E-brochure
Riverfront Residences Location

Riverfront Residences Location & Why Choose Riverfront Residences

  • Riverfront Residences is located at Hougang Avenue 7
  • Nearest MRT is Hougang MRT
  • Nearby Schools
  • Amenities
Riverfront Residences Price

Financing

  • New Condo Sales At District 19
  • Singapore Property Cooling Measures
  • Additional Buyer Stamp Duty (ABSD)
  • Seller Stamp Duty (SSD)
  • Singapore Mortgage Loan-to-Value Ratio (LTV)
  • Progressive Monthly Mortgage Payments For New Purchase
Riverfront Residences Developer

Contact Developer Sales Team / Benefits Of Buying Directly from Developer

  • Direct Developer Price
  • Friendly and Professional Sales Staff
  • Discounts and Priority
  • Up-to-date Information
  • Ability To Handle Special Requests

Riverfront Residences Actual Site and Show Gallery Location

 

Let's Get in Touch!

Project Summary

Project Name: Riverfront Residences

Address: Hougang Ave 7

No. Of Units: 1472 units

Tenure of Land: 99 years

Developer: Rio Casa Venture Pte Ltd

Est. Date Of Vacant Possession: 31st Dec 2024

Est. Date Of Legal Completion: 31 Dec 2027

Developer: Rio Casa Venture Pte Ltd Joint venture between Oxley Holdings Limited, KSH Holdings Limited, SLB Development Ltd and Apricot Capital • Developer’s Licence No: C1253 • Tenure Of Land: 99-Year Leasehold from 31 May 2018 •  Encumbrances On The Land: Mortgage in favour of UOB for project account number 451-308-246-5 OF RIO CASA VENTURE PTE. LTD. • Expected Date Of Vacant Possession: 31 Dec 2024 • Expected Date Of Legal Completion: 31 Dec 2027

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