Rio Casa Sold En Bloc to Oxley-Lian Beng for $575m

Rio Casa En Bloc
Development: Rio Casa
Address: 344 Hougang Avenue 7
District: 19
Tenure: 99 years
TOP: 1986
Site Area: 36,811.1 sqm
Plot Ratio: 2.8
Gross Floor Area (GFA): 1,109,447 sqft
Price per sq ft per plot ratio (PSFPPR): $706
Number of units: 286
Sale date: 25 May 2017
Sale price: $575m
Developer(s): Oxley Holdings, KSH Holdings, Lian Beng Group
Owners’ payout: $2m (average)
Other information:

  • Site has 200m of direct frontage along Serangoon River
  • Oxley-Lian Beng will develop 1472 units on the site

Oxley-Lian Beng will be launching this project in Q2 2018! Looking for a new home here? Contact Benson at 83187083 or register your interest.
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