The project, dubbed “Riverfront Residences,” will feature a mix of one- and two-bedroom apartments, as well as a range of amenities and services tailored to the needs of young professionals and families.
Introduction
Frasers Property, a leading real estate developer in Singapore, has announced a significant partnership with Japanese construction giant Sekisui House to launch a new luxury residential project in the heart of the city-state. The joint venture, dubbed “Riverfront Residences,” promises to deliver a vibrant live-work-play environment in the Singapore River area, catering to the needs of young professionals and families.
Project Overview
The Riverfront Residences project will feature 348 luxury residential units, comprising a mix of one- and two-bedroom apartments.
The remaining 10,000 sq m will be allocated for community facilities and public spaces.
The 999-Year Leasehold Site: A Comprehensive Overview
Site Layout and Development
The proposed 999-year leasehold site will cover an area of 30,664 square meters, comprising a mix of residential, retail, community, and public spaces. The site’s layout is designed to accommodate a diverse range of activities, ensuring a balanced and sustainable development. The residential area will occupy approximately 26,371 square meters, providing ample space for a range of housing options, from apartments to townhouses. The retail component will span 4,293 square meters, offering a variety of shopping and dining options for residents and visitors alike. Community facilities and public spaces will account for 10,000 square meters, featuring parks, playgrounds, and other amenities that promote social interaction and community engagement.
Community Engagement and Sustainability
The development team has emphasized the importance of community engagement and sustainability in the design and planning process. This approach aims to create a thriving and inclusive community that benefits both residents and the environment. The site will incorporate green spaces and parks, providing a peaceful retreat for residents and a habitat for local wildlife. Sustainable building practices will be implemented throughout the development, reducing the carbon footprint and promoting energy efficiency. Community facilities will be designed to be accessible and inclusive, ensuring that everyone has the opportunity to participate and engage with the community.
Economic and Social Benefits
The 999-year leasehold site is expected to bring significant economic and social benefits to the local community.
The transformation will be completed by the end of 2025, with the first phase of the redevelopment completed by the end of 2023.
The Transformation of Robertson Walk and Fraser Place
The redevelopment of Robertson Walk and Fraser Place is a significant project that aims to “unlock the highest and best use” of Frasers’ properties.
What’s Happening at Robertson Walk
Strong Financial Performance Drives Growth
The company’s net profit for the period was SGD 1.
The company’s net profit for the period was SGD 1.1 billion, up from SGD 925 million in the previous year.
A Glimpse into Frasers Property’s Financial Performance
Frasers Property, a leading real estate developer and investor, has consistently demonstrated its financial prowess over the years.
Key Takeaways
The Frasers Story
Frasers, a Singapore-based real estate investment trust (REIT), has been making headlines in the industry with its impressive valuation gains in Singapore properties and international markets.
Expansion Strategy
Frasers Property Limited, a leading real estate investment trust (REIT) in Asia, is poised to expand its presence in the region through a strategic and selective approach. The company’s expansion strategy focuses on two key segments: residential and non-residential properties.
Residential Segment
Frasers Property Limited has a significant presence in the residential segment, with a portfolio of properties that cater to various demographics and lifestyles. The company’s residential projects are designed to provide high-quality living spaces, with a focus on sustainability and community development. Key residential projects: + Fraser Place, a luxury residential development in Singapore + Fraser Place, a residential project in Hong Kong + Fraser Place, a residential project in China
Non-Residential Segment
The non-residential segment is another key area of focus for Frasers Property Limited. The company’s non-residential projects include office buildings, retail spaces, and industrial facilities. Key non-residential projects: + One Raffles Quay, a luxury office building in Singapore + Fraser Place, a retail development in Hong Kong + Fraser Place, an industrial facility in China
Allocation of Resources
Frasers Property Limited’s expansion strategy is closely tied to its allocation of resources. The company has a significant war chest of funds available for new projects and acquisitions.
The Challenges of Frasers Property’s Share Performance
Frasers Property, a leading real estate investment trust (REIT) in Singapore, has faced significant challenges with its share underperformance in recent years. Despite its diversified asset base and consistent valuation gains, the company’s share price has struggled to keep pace with the broader market. Key statistics:
- • Market capitalization: SGD 3 billion
- • Total assets: SGD 4 billion
- • Share price: SGD 35 (as of March 2023)
The company’s share underperformance can be attributed to various factors, including:
Serene luxury in harmony with nature.
The development is nestled in a tranquil setting, surrounded by lush greenery and a serene lake.
The Concept of Riviere
Riviere is a French-inspired concept that brings together the elegance of the past with the sophistication of the present. The name “Riviere” is derived from the French word for “river,” symbolizing the connection to nature and the serenity of the surroundings. Key features of Riviere include:
- Luxurious living spaces with high ceilings and large windows
- Elegant design elements, such as wooden accents and stone flooring
- Private balconies and outdoor spaces for relaxation and entertainment
- Access to a serene lake and lush greenery
- Rooftop infinity pool with stunning views of the Singapore River and Marina Bay skyline
- Private cinema for exclusive movie nights
- State-of-the-art fitness center with personalized training sessions
- Smart home technology for seamless control and convenience
- High-end fittings and finishes throughout the property
- A tranquil and serene environment, perfect for relaxation and recreation
- Luxurious amenities and finishes, providing an upscale living experience
- Unparalleled views of the Serangoon River and surrounding landscape
- A range of units to suit different tastes and preferences, from 1 to 3 bedrooms
- Close proximity to Tampines Hub and other amenities, making it an ideal option for those seeking a balance between nature and urban living
- A resort-style living environment, with opportunities for outdoor recreation and entertainment
The Design and Architecture
The design of Riviere is inspired by the classic French Riviera, with a focus on elegance and sophistication. The building’s façade features a combination of stone and glass, with a subtle curve that evokes the shape of a riverbank.
The property boasts a range of luxurious amenities, including a rooftop infinity pool, a private cinema, and a fitness center.
The Riviere: A Luxury Lifestyle Destination
The Riviere is a luxurious residential development that offers a unique blend of high-end fittings, smart home technology, and resort-style amenities. Located in the heart of Singapore, this property is designed to provide residents with a luxurious lifestyle that is both convenient and enjoyable.
Key Features and Amenities
A Luxurious Lifestyle Awaits
Residents of The Riviere enjoy breathtaking views of the Singapore River and Marina Bay skyline from the comfort of their own homes. The property’s luxurious amenities and smart home technology make it easy to relax and unwind after a long day.
Located near the historic Tampines Hub, it is within close proximity to a variety of amenities, including shopping centers, schools, and entertainment facilities. This is an ideal option for those seeking a tranquil retreat with easy access to urban conveniences. Key features of Seaside Residences include:
Boathouse Residences is positioned to take advantage of the growing demand for luxury homes in the area. With its prime location and range of amenities, it is poised to become a top choice for those seeking a unique and desirable lifestyle. The unique blend of natural beauty and urban convenience makes it an attractive option for those looking to escape the hustle and bustle of city life while still being close to the amenities they need.
The project is situated on a 1.3-hectare site, offering ample space for residents to enjoy the outdoors and connect with nature.
The Orie: A Rare Residential Opportunity in Toa Payoh
Location and Layout
The Orie is strategically located in the heart of Toa Payoh, a vibrant and bustling neighborhood in Singapore.
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