RV RESIDENCES (999, Allgreen)
Hi,
Happen to pass by River Valley road and saw this development.
But don't look like there is any construction going on. Don't find any show flat around that plot.
Anyone know what had happen to this project?
While google, I found this information
Quote:
"In May 2007, through a joint venture company formed with Asiawide Holdings Pte Ltd, Allgreen acquired a 999-year leasehold tenure site in River Valley, which will be developed into a seven-storey condominium, RV Residences, comprising 220 compact units of mainly 2+1 rooms. Written permission for the development plans was obtained on 22 October 2007 and the launch is slated for later in 2008."
Extracted the para from Allgreen's 2007 Annual Report
River Valley condo to launch at $2,100 psf
River Valley condo to launch at $2,100 psf
Aug 6, 2013 - PropertyGuru.com.sg
The 248-unit RV Residences condominium (pictured) in District 10 is expected to launch by end-August with prices from S$2,100 to S$2,300 psf.
Developed by Allgreen Properties, the 999-year leasehold project is located at River Valley Road and is being marketed by DTZ, media reports said.
The development comprises one- to four-bedroom apartments and penthouses. Approximately 85 percent of the units will be of “compact sizes at less than 850 sq ft”, said DTZ. One-bedders start from 419 sq ft while the two- to four-bedroom types range from 678 sq ft to 1,270 sq ft. Penthouses will be between 796 sq ft to 1,539 sq ft.
“The wide range of apartment types coupled with a comprehensive set of facilities give RV Residences the versatility to reach out to a broad market, starting with singles looking for a compact living space, to nuclear families and all the way to extended families, who will be pleased with the spacious four-room units and penthouses,” said Margaret Thean, Executive Director for Residential at DTZ.