The twin, 36-storey Riviere with 455 residential units attained TOP in January 2023 (Photo: Frasers Property)On May 12, Singapore-listed Frasers Property announced that its 455-unit, luxury condo Riviere, is sold out. 'It's a testament to its popularity with homebuyers looking for a signature and luxurious residential development along the Singapore River,' says Soon Su Lin, CEO of Frasers Property Singapore.The 455-unit, 99-year leasehold condo at 3 Jiak Kim Street in District 3 attained Tempor
On May 12, Singapore-listed Frasers Property announced that its 455-unit, luxury condo Riviere, is sold out. "It's a testament to its popularity with homebuyers looking for a signature and luxurious residential development along the Singapore River," says Soon Su Lin, CEO of Frasers Property Singapore.
The 145,117 sq ft, 99-year leasehold site has a 300m frontage along the river bend. Given its prominent location on the Singapore River, the site saw keen interest from developers when URA launched it for sale. Frasers Property outbid nine other developers to win the coveted site with a bid of $955.4 million or $1,733 psf per plot ratio in December 2017.
The second highest psf price of $3,344 psf at Riviere was set in September 2022 when a 1,216 sq ft, three-bedroom apartment on the 36th floor fetched $4.07 million. Another 2,002 sq ft, four-bedroom unit went for close to $6.64 million in early September 2022 and is also one of the top five highest psf prices achieved to date.
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