The Riverside Piazza

The Riverside Piazza is a leasehold (99 yrs from 1992) apartment completed in 1996. The development occupies a land area of 2,941 sqm and a Gross Floor Area of 8,235 sqm. It consists of 40 units. According to records, buyers of this development are Singaporean 64.4%, PR 17.8%, Foreigner 11.1%, Company 6.7%.

THE RIVERSIDE PIAZZA is located along Keng Cheow Street in Singapore River, in District 1. It is accessible through the nearest MRTs including Clarke Quay NE5 and Fort Canning DT20.

Based on transaction data in the last 12 months, sale prices range from S$ 1,581 psf to S$ 1,581 psf at an average of S$ 1,581 psf. Its highest recorded transaction was S$ 1,591 psf in Dec 2021 for a 1,012-sqft unit. Its lowest recorded transaction was S$ 420 psf in Feb 2005 for a 1,012-sqft unit. Its current rental yield is at 3.2%. Other nearby amenities include: 3 Grocerie(s): SHENG SIONG SUPERMARKET PTE LTD, MEIDI-YA SINGAPORE CO (PTE) LTD, IROHA INTERNATIONAL PTE. LTD., and 3 Shopping Mall(s): MERCHANT SQUARE, RIVERSIDE POINT, FISHER STREET.

Buyers and tenants are attracted to District 1, which covers areas such as Cecil, Raffles Place, Marina, People’s Park and Boat Quay. District 1 is home to the largest financial hub in Singapore, spanning from Raffles Place to Marina Bay, an area built on reclaimed land. Dubbed the “Wall Street” of Singapore, Raffles Place and Marina Bay have the highest concentration of Grade A offices - highly sought-after by financial institutions and professional service firms. Apart from business activities, District 1 is also a popular destination for recreational activities and tourism. Situated right next to the Central Business District is Boat Quay positioned at the mouth of the Singapore River. Once the busiest quay in Singapore, Boat Quay has transformed into a popular hang-out place for food and drinks, featuring an eclectic mix of high-end restaurants, alfresco dining and bars. Comprised of high-end developments, houses in District 1 are highly popular amongst both local and foreign home-buyers.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.