Riverfront Residences Price

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You are now looking at one of the most popular and budget friendly new launch condominium in the whole of Singapore’s market!

Strong sales for this development has seen more than 1300 units being decisively bought by buyers since it’s launch in July 2018, mainly because the entry prices and psf here are among the lowest one can get in the market today.

Already more than 90% sold, is this development still worthwhile to look at?

What exactly is Riverfront Residences price point now?

Riverfront Residences price now starts from $770k for a 1 + study unit at 517sqft and it’s 3 bedroom units are one of the cheapest in the market at $1.173m. The average PSF ranges about $1300 to $1400psf for most of the remaining available units.

Updated Riverfront Residences Price List

Unit Type
Price Fr
SQFT
PSF
1 Bedroom
Fully Sold
1 + Study
$770k
517
$1489
2 Bedroom
$982k
689
$1425
2 Premium
$1.007m
721
$1397
2 + Study
Fully Sold
3 Bedroom
$1.173m
872
$1345
3 Premium
$1.443m
1109
$1301
4 Bedroom
$1.788m
1410
$1268
4 Premium
$1.962m
1485
$1321
5 Bedroom
Fully Sold
Strata Landed
$2.447m
2110
$1160

Current Promotions and Discounts

* Prices and Discounts indicated here are subject to developer changes. Please check with us to be sure.

Development Announcements

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Olloi Project Details

Life’s best convenience is at The Woodleigh Residences, an integrated development connected directly to The Woodleigh Mall, Woodleigh MRT Station and an underground Bus Interchange.

Sitting on a superb city fringe location, this development is sprouting up as part of the highly anticipated new township – Bidadari town. The Woodleigh Residences will be part of the huge growth potential of Bidadari, an estate closely compared as the next Bishan.

Project Info and Fact Sheet

Project Name
Parc Komo
Address:
963 – 981 Upper Changi Road North
Developer:
CEL Development
Tenure:
Freehold
Est. TOP:
2023 (Q2)
No. of Units:
276 Residential, 28 Shops
Unit Types:
1 to 5 Bedroom
Building Type:
7 Blocks of 5 Storeys, 3 Blocks of 3 Storeys Apartments 1 Block of 2 Storey Commercial Shops
Carpark Lots:
279 Residential lots, 28 Commercial lots
Site Area:
201,866sqft
Plot Ratio:
1.4
District No.:
17

Unit Types and Sizes

Unit Type
Sizes (sqft)
Total Units
1 Bedroom
452 / 473 / 484
30
1 + Study
538 / 549
10
2 Classic
614 / 657
24
2 Deluxe
700 – 775
78
2 Premium
926
2
3 Classic
915 – 980
26
3 Deluxe
969 – 1023
55
3 + Study
1130
1
4 Classic
1281 / 1292 / 1302
10
4 Deluxe
1410 / 1421
20
5 Bedroom
1808 – 1905
20

Monthly Maintenance Fees (Estimated)

Equipped with extensive and lush nature landscaping facilities for residents to indulge on, what is the indicative monthly maintenance fee at Parc Komo?

Monthly maintenance fees at Parc Komo starts from $327 for a 1 bedroom unit to $522 for a 5 bedroom unit. All the 2 and 3 bedroom units here have maintenance fees of $392 per month.

Unit Type
Share Value
Monthly Fee
1 Bedroom
$327
1 + Study
$392
2 Bedroom
$392
3 Bedroom
$392
4 Bedroom
$452
5 Bedroom
$522

* The estimated monthly maintenance fees are currently indicative, and may be subjected to changes.

Bonus – Pricing Info Analysis for Investors:

Riverfront Residences Land Price

Land Price – $706psf ppr

Riverfront Residences site was acquired by a Oxley Holdings led consortium under a collective sale back in May 2017. This site was the former privatised HUDC estate – Rio Casa, which consisted of only 286 apartment and maisonette units.

Spanning over a large plot of land, what was the land price paid by the developer to win Riverfront Residences land site?

Oxley Holdings and it’s partners secured the site for Riverfront Residences in an en-bloc deal worth $575 million. After adding in an estimated differential premium of $208 million to top up the lease of the site back to 99 years, the total land cost of $783 million translates to about $706psf ppr (per plot ratio).

Riverfront Residences Land Cost Vs Other Developments

Here’s the land cost comparison of Riverfront Residences against its other nearby competitor developments:

Project
Land Price (psf ppr)
Location
The Woodleigh Residences
$1181
Woodleigh
Park Colonial
$1110
Woodleigh
The Garden Residences
$964
Serangoon North
Sengkang Grand Residences
$923
Buangkok
The Florence Residences
$842
Hougang
Affinity at Serangoon
$835
Serangoon North
The Tre Ver
$797
Potong Pasir
Jadescape
$747
Shunfu
Riverfront Residences
$706
Hougang

Former Changi Gardens En-Bloc

In October 2017, this Freehold mixed development property along Upper Changi Road North was successfully acquired by CEL Development.

Consisting of only 60 apartment units and 12 commercial shops, residential apartment owners of the former Changi Gardens essentially received mouth-watering windfalls between $2.14million to $4.74million. Each shop owner also pocketed between $4.07million to $7.08million.

Building up to securing the site, CEL had to beat 8 other developers to win this land parcel for $248.8million, which was about 27% higher than the asking price of $196million. This means the land rate paid by the developer for this Freehold site will work out to be around $888psf ppr (per plot ratio).

Facilities and Homes

A wealth of facilities awaits you at Parc Komo. Meticulously designed to offer more than just the ordinary, you’ll find facilities here allowing maximum restful contemplation while embracing the lush greenery of beautiful landscapes.

With so many activities to choose from, your days and nights will be kept exciting!

Olloi Facilities

  • 50m Pool
  • Glamping (Unique!)
  • Spa & Jacuzzi Pools
  • Lush Landscaping & Gardens
  • Gym & Fitness Facilities
  • Jogging Trail
  • Gourmet / Alfresco Pavilions
  • Club Houses & Function Rooms
  • Kids Pool & Playground
  • Tennis Court

Luxurious Homes

Each apartment is surrounded by extensive greenery, allowing you to experience the simple pleasures of slow living every day.

Inside your home, discover touches inspired by nature – tastefully appointed with elegant finishes and fittings that reflect the estate’s natural textures.

  • Sophisticated glazed tiles
  • Quality timber and fine marble floors
  • Sleek appliances from Bosch
  • Stylish and quality Duravit & Hansgrohe bathroom fittings

Experience Riverfront Residences yourself by viewing the Showflat today.

Olloi Location

Parc Komo sites in an idyllic, private and landed residential enclave. This part in the eastern Singapore is one rare charmed secret where beaches and nature comes together as a common weekly leisure activity for residents.

So, where exactly is Parc Komo located that makes it such an ideal home to escape the city’s hustle and bustle?

Parc Komo is located along Upper Changi Road North, where the former Changi Gardens once stood. Surrounded by the beautiful landed housing estate of Jalan Mariam, this location offers one of the best exclusivity you can find.

Currently without any nearby MRT station serving the area, things are set to change when the upcoming Loyang MRT Station on the Cross Island Line is completed by 2030. Being just around 10 minutes walk away from Parc Komo, accessibility here is set to greatly improve for non-drivers!

Location Map

Nearby MRT Station/s

Nearby Malls and Amenities

  • Komo Shoppes (Doorstep)
  • Whitesands Mall
  • Downtown East
  • Loyang Point
  • Jewel Changi
  • Changi City Point
  • Ryse Residences Integrated Mall (Upcoming)

Nearby Popular Schools

Leisure and Recreation

The best parks and beaches are all located around the vicinity. Enjoy all your weekends with plenty of leisure activity options with your loved ones.

Location Potential

Upcoming Loyang MRT (Cross Island Line)

cross-island-line-mrt-line

With the upcoming Cross Island Line set to serve the area, there are huge potential possibilities for homes in the surrounding area. Connectivity conveniences in the future may prove to become a major factor in higher demand of homes here.

And the best part for Parc Komo residents, Loyang MRT Station will be situation within 10 minutes walk from this development.

Changi Aviation Hub

changi-airport-aviation-hub

Singapore’s vision to maintain itself as the world’s top aviation hub brings massive potential to homes in the east. With Changi Airport Terminal 4 already completed and the Terminal 5 construction currently ongoing, Singapore is set to bring Changi Airport’s yearly passenger handling capacity to 135 million passengers per annum.

Supporting long-term growth of the logistics and aerospace industries, Changi Region is set to be transformed into a vibrant Live-Work-Play-Learn ecosystem around the airport, opening huge workforce opportunities in the area.

Having such a stronghold Master Planning by the government may well benefit homes close to Changi Airport, and Parc Komo is one of the closest one can get.

Olloi Showflat Location

This project is blessed to be able to have it’s showflat built right next to the actual development site. So where is Parc Komo showflat located at?

Parc Komo showflat is located along Upper Changi Road North, which is just behind the actual site where Parc Komo is now being constructed. The slip road to get to the showflat is in between Esso Station and Parc Komo’s construction site. For drivers, the carpark entrance can be accessed via this slip road beside Esso Station. For non drivers, the nearest MRT stations are Tampines East and Pasir Ris MRT stations, and a 10-15mins bus ride is required to reach the showflat.

Here’s the map of the showflat location:

Olloi Developer

k16-development-logo

Parc Komo is developed by local developer CEL Development.

CEL Development is a wholly owned subsidiary of Chip Eng Seng Corporation Ltd, which is a major construction and property public listed company in Singapore.

Since 2000, CEL has been actively involved in the local property development and investment scene.

Their portfolio, which includes numerous mid to high-end prime properties both local and overseas, have been highly successful throughout the years.

Labelled as a reputable and high quality developer, here are some of their notable projects that will be familiar to most:

Current Ongoing Projects:

Some Notable Past Completed Projects:

  • High Park Residences
  • My Manhattan
  • Nine Residences & Junction Nine
  • Grandeur 8
  • Bishan Loft
  • Alexandra Central
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