Lifestyle Living within
A Mixed Development in the
HEART of Robertson Quay
Overlooking Singapore River
Short walking distance to upcoming
Great World MRT Station
Thomson East-Coast Line
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More Information and Updates!
Singapore Urban Redevelopment Authority (URA) has sold a residential cum commercial site in Jiak Kim Street, off Kim Seng Road, the former site of Zouk, as part of Government Land Sales (GLS). This land parcel is bounded by Jiak Kim Street and Kim Seng Road, over looking Singapore River, is within the Core Central Region of Singapore. It is under River Valley Planning area and listed under the confirmed list of sites and is allocated to be developed into a mixed development with residential component. It has a land site area of 145,120 square feet of land and is expected to house approximately 525 units and a commercial space of 16,146 square feet.
Frasers Centrepoint won the top bid of S$955.4 million, which translates to S$1732.55 per square foot per plot ratio (psf ppr). New Launch at Jiak Kim Street- Riviere by Fraser Property Singapore
Other developments nearby New Condo include Martin Place Residences, Rivergate, The Tiara, Mirage Tower, Tribeca, The Trillium, RV Residences, The Cosmopolitan, Valley Park, The Futura, and Leonie Hill Residences.
New Condo by Fraser Property Singapore- Connectivity
Riviere Condo in Jiak Kim Street is about 400 meters to upcoming Great World MRT Station serving the Thomson East- Coast Line, which is due to operate in 2021. By then, its future residents will get to enjoy the convenience of traveling to Orchard Road with just 1 train station away. The North-South Line is also readily available at Orchard Train Station which helps to shorten traveling time to the north of Singapore. This station will bring residents directly to:
Orchard Station
Shenton Way Station
Marina Bay Station
Marina South Station
Garden by the Bay Station and towards
East Coast Parkway
For drivers, Riviere Condo in Jiak Kim Street is approximately 4 minutes’ drive away to the downtown financial district and Marina Bay Financial District. Jiak Kim Street is easily connected to the Central Expressway (CTE) which links to various major Expressways. East Coast Parkway (ECP), Marina Coastal Expressway (MCE). This allows easy island wide driving to many parts of Singapore.
New Condo by Fraser Property Singapore- Education
Local schools which are located within 2 km from New Condo include River Valley Primary School, St. Margaret Primary School, Anglo Chinese Junior School (ACJC), Zhangde Primary School, Outram Secondary School, and Gan Eng Seng School.
There are tertiary and postgraduate institutions within the vicinity of New Jiak Kim Street Condo and they include The University of Chicago Booth School of Business, Nanyang Academy Of Fine Arts and also the Singapore Management University (SMU). International schools which are near to New and upcoming Condo in Jiak Kim Street also include The Swedish Supplementary School, The Finnish Supplementary School, The Chatsworth International School (Orchard Campus), Overseas Family School, The ISS International School (Elementary), The Eton House International School and The Insworld Institute.
New Condo by Fraser Property Singapore- Amenities
Riviere Condo in Jiak Kim Street is a short stroll, approximately 600 m away, to the Great World City where its future residents can access to various retail, eating, leisure and entertainment facilities. It is also less than 1 km away walk to Orchard Road where major shopping malls are plenty such as TripleOne Somerset, Orchard Central, The Heeren, Mandarin Gallery Ngee Ann City, and The Centrepoint.
It is a short distance to Robertson Quay, Clarke Quay and Singapore River where there are many bistros and cuisines, which residents of Riviere Condo in Jiak Kim Street will be able to chill out and enjoy. In terms of lifestyle, residents will have choices to many parks and recreation clubs such as Fort Canning Park, Pearl's Hill City Park, Istana Park, and Singapore Botanic Gardens. These parks provide peace and tranquility away from the hectic city life. The American Club and Tanglin Club are also a short distance away.
The new development includes three conserved warehouses that were constructed around 1919 with voluminous, high ceiling space. The adaptive reuse of the voluminous warehouse space for lifestyle-related or other creative commercial uses will enhance the vibrancy and attractiveness of the development and strengthen the identity of the Robertson Quay Area as a lifestyle destination.
Given its prominent location Jiak Kim Street within the heart of the Robertson Quay zone along Singapore River, the site offers an attractive opportunity to realize a quality development that will form part of a highly attractive cluster of waterfront developments along Singapore River.
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Project | Riviere at Jiak Kim Street |
Developer | Frasers Singapore Property |
Location | Jiak Kim Street, Kim Seng Road |
District | 03 |
Tenure | 99 years lease |
Site Area | |
GFA: | |
Plot Ratio | |
Expected TOP: | |
Total Units | 455 residential apartments |
Total Carpark | |
Development | Mixed Development with condo comprising of communal facilities and commercial space |
Unit Type: | |
Architect | |
Eligibility | SC, SPR and Foreigner can buy |
Category | Important Amenities Near Riviere Condo | Approximate Distance |
Train Stations | Great World MRT Thomson Line Due 2021 | 0.6km |
Bus Stop | xx | xx |
Supermarkets | Cold Storage NTUC Giant Sheng Siong |
0.2km 1.2km 1.4km 1.7km |
Shopping Malls | Great World City Valley Point Tiong Bahru Plaza *Scape Cathay Cineleisure ION Orchard Wheelock Place Wisma Atria Tang Plaza Shaw House |
0.2km 0.3km 0.9km 1.0km 1.1km 1.1km 1.1km 1.1km 1.2km 1.3km |
Education Institutions | Preschool | |
Kay Poh Road Baptist Kindergarten JHS Montessori Kindergarten PCF Kreta Ayer-Kim Seng Blk 79 Little Hands Montessori Kindergarten PCF Tanjong Pagar-Tiong Bahru Blk 6 Y W C A Kindergarten (Outram) Chinese Kindergarten PCF Tanglin-Cairnhill Blk 124A Arts Kidz Pre-school PCF Radin Mas Blk 70A |
0.2km 0.3km 0.4km 0.8km 1.2km 1.2km 1.2km 1.3km 1.3km 1.6km |
|
Primary | ||
River Valley Primary School Zhangde Primary School Gan Eng Seng Primary School |
0.5km 0.6km 0.8km |
|
Secondary | ||
Gan Eng Seng Secondary School Outram Secondary School Crescent Girls’ School Henderson Secondary School Bukit Merah Secondary School |
0.8km 1.2km 1.3km 1.5km 2.0km |
|
Junior College | ||
Catholic Junior College | 3.4km | |
Tertiary | ||
The University of Chicago Booth School of Business | 1.6km | |
International | ||
Overseas Family School ISS International School (Elementary) Finnish Supplementatry School (S’pore Land Twr) Swedish Supplementary School Eton House International School Chatsworth International School Orchard Campus |
0.8km 0.8km 0.9km 1.2km 1.4km 1.5km |
|
Food Centre | Zion Riverside Food Centre Havelock Road Block 22A Food Centre Beo Crescent Block 38A Market and Food Centre Tiong Bahru Market Bukit Merah View Block 115 Market And Food Centre Redhill Lane Block 85 Food Centre People’s Park Complex Food Center Bukit Merah Central Block 163 Food Centre |
0.3km 0.7km 0.7km 1.1km 1.3km 1.5km 1.8km 1.8km |
Lifestyle | Tiong Bahru Park Stardus Clubhouse The American Club Tanglin Golf Course Country Club Home TeamNS – UE Square Club House Tanglin Club Fort Canning Park Pearl’s Hill City Park Istana Park Singapore Botanic Gardens National Orchid Garden Legends |
0.9km 1.4km 1.5km 1.6km 1.7km 1.7km 1.8km 1.8km 1.8km 1.9km 1.9km 2.0km |
Live, Work and Play – the philosophy that everyone in the world tries to attain. The ability to concentrate at work, the convenience of going home, and the availability of various recreational activities all within easy access. Who wouldn’t want this kind of lifestyle? In a busy country like Singapore, where the economy and global population has always been on the upside, it is not impossible to experience this ambitious way of living. With the rise of mixed development properties, the “live, work, play” philosophy is now made imaginable.
In a land-scarce country, addressing the concerns of creating residential properties while mixing urban livability has always been a major problem. Being able to offer homes and amenities all at the same time is not easy, but possible. With mixed development properties, residents can enjoy the convenience of having commercial spaces right where they live. From supermarket, grocery store, restaurants, pubs, retail shops, beauty salons, clothing stores and cinemas – you literally have a mall just below your unit.
Mixed-used development is a type of urban housing that combines residential and commercial spaces in one. Other services can likewise be integrated into the development such as industrial, cultural and institutional trades. Mixed developments can be a single building, city block or complex of buildings that forms a community.
Residential units plus shopping mall is the most common type of mixed development in Singapore. Usually, the shopping mall is located on the first few floors while above are the residential units. There are also mixed developments with integrated hotel rooms inside the building.
Utmost convenience and accessibility are not the only advantages of mixed developments. It’s more than just a residential unit and shopping mall combined as one. While most people see mixed developments as something risky for their private life, there’s more to these properties than privacy issues. Check out their advantages below.
Convenience at its finest is the ultimate advantage of mixed development properties. With everything you need right within reach, you don’t have to travel far from home just to fetch daily necessities. From doing your grocery to obtaining basic supplies, you can even buy a brand new shoes or shirt just by going down on your unit. Bringing retail therapy close to home has many advantages such as:
There are many advantages of mixed developments, to one of which is that your expenditures will be greatly minimized. The cost of fuel is on all-time high, and by reducing the need to travel, it allows you to save a huge amount of sum. Also, you don’t have to pay parking fees and take public transport just to buy a bag of chips or frozen meats. Right within your development grounds are various stores to cater all your needs. Less travel definitely means less spending.
They say that properties close to MRT stations always fetch higher rental income, but this isn’t always the case. The added benefit of having a mall just below your unit can likewise fetch high rental income. Mixed developments are attractive to tenants because of the convenience and accessibility it brings. Tenants are willing to shell out more provided that they have everything they need in just one roof. Additionally, since there are office spaces and employees within the development, it equates to unlimited supply of possible tenants.
There is a common notion that mixed-used developments are only for affluent people. Why? Because most of them are priced so high that a low income Singaporean won’t be able to afford. While this might be true in some forms, it plays a huge role on increasing the intrinsic value of the district or location. With affluent people flocking the area, it significantly intensifies the reputation of the district. Attracting more wealthy spenders, it makes the area a highly “desirable” location.
Last but definitely not the least benefits of mixed developments Singapore is its flexibility to hold your investmentdepending on your desires. If you decide to let go of your unit, listing it on the open market is a great option. Keep in mind that a well-designed mixed-used development sitting on a great location can draw hundreds of potential buyers. Furthermore, you could sell your unit to foreigners since most of them are attracted on convenient city living. On the other hand, if you don’t want to let go of your property, there’s always a possibility of renting it out to gain valuable income.
Behind the many benefits of mixed developments Singapore are disadvantages that buyers should be aware of. Not everything about mixed developments are wonderfully great, there are drawbacks that you need to consider such as:
We can’t deny the fact that Singapore is indeed an overcrowded country. And as the economy grows, with people coming in from all parts of the world, expect to see more mixed-used properties being developed from time to time. Before handling over that cash, consider the many benefits of mixed developments Singapore but don’t forget to ponder on its drawbacks.
The addition of having utmost convenience and accessibility to everything are the driving factors of mixed-used properties. These reasons and more makes them uniquely wonderful and practically stellar.
City Central Region, Singapore URA Master Plan 2014
Singapore Urban Redevelopment Authority URA Master Plan 2014 envisions some exciting developments for the whole of Singapore's central area including Tanjong Pagar, The Greater Southern Waterfront District, City Hall, Marina Bay, Suntec and Bugis-Rochor area. The new prime City Central area will be a place for the people to engage community and arts, showcase Singapore's creative and artistic expression and links to Singapore's past and future aspirations. There will be more pedestrian- friendly precincts, public spaces and parks, night lightings and trees.
City Centre at Marina Bay is a unique and dynamic waterfront district, Garden City by the Bay, extending seamlessly from the CBD and it is zoned to be
Marina South will have
Beach Road/ Ophir- Rochor will have abundant conveniences being in the heart of City.
Capitalising on Bugis and Bras Basah rich architectural and cultural heritage, URA is embarking on urban renewal efforts to transform it dramatically into Singapore's art, culture. learning and entertainment district.
From the cultural enclave of Kampong Glam to National Arts Gallery in the Civic and Cultural District to high skyscappers in Marina Bay, this growth area promises residents a 24/7 city lifestyle. New major landmark developments will transform the city skyline, offering prestigious address locations and spectacular views out across the city. Strategic developments with conservation buildings will continue to inject vibracy, turning it into a lively art and education place, as an emerging commercial hub that will complement Singapore financial district.
SINGAPORE: Tenders for two residential land parcels at Jiak Kim Street and Fourth Avenue closed on Tuesday (Dec 5), with the former receiving a top bid of S$955.4 million and the latter drawing a top bid of S$552.96 million, according to the Urban Redevelopment Authority (URA).
The land parcel at Jiak Kim Street, which is the former site of popular nightclub Zouk, drew a total of 10 offers while the site at Fourth Avenue drew a total of seven bids.
The sites at Jiak Kim Street and Fourth Avenue were launched for public tender on Oct 19 and Nov 2, respectively. Both sites were offered for sale on 99-year leases.
The highest bid for the 13,482 sq m site at Jiak Kim Street, which works out to S$1,732.55 per square foot per plot ratio (psf ppr), came from Frasers Centrepoint Limited. It is the highest unit land price achieved on a per square foot basis for government land sites sold (excluding commercial and white sites).
The highest bid for the 18,532 sq m Fourth Avenue land parcel was from Allgreen Properties, reflecting a land rate of S$1,540 psf ppr. The developer secured the freehold sites at Royalville and Crystal Tower last Friday, and is now eyeing a third site along the same Bukit Timah stretch.
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