The Iveria is a brand-new luxurious development in the highly sought-after River Valley locale of Singapore. The former Riviera Point condominium was acquired by Macly Iveria Pte Ltd, a wholly owned subsidiary of Macly Group and at the price of S$72 million through a successful collective sale effort. The local real estate developer is best known for their niche and boutique developments spanning from residential to hospitality sector such as Lloyd’s Inn and other overseas ventures.
The Iveria Project Summary
|Name of Development:||The Iveria|
|Developed by:||Macly Iveria Pte Ltd (Macly Group)|
|Development Type:||Private Condominium (Foreign Purchase Eligible)|
|Street Address:||2 Kim Yam Road, Singapore 239320|
|Site Area:||1,364.9 m² (14,692 sq ft) approx.|
|Gross Floor Area:||4,576.8 m² (49,265 sq ft) approx.|
|No. of Floors:||18|
|No. of Units:||51|
|Expected T.O.P Date:||Q4 2022|
Nestled along Kim Yam Rd and River Valley Rd, it takes up a strategic corner position that allows a combined street frontage that extend beyond 65 metres on both ends. At home and from the higher floors, it unveils itself to a generous unblocked view towards the glitzy Orchard Rd (The Istana), and the City Skyline of our Central Business Districts (CBD) for the distinguished home owners.
The land sale price of this freehold development works out to S$1,641 per square foot per plot ratio (approx.), empowering Macly Group with the flexibility of pricing The Iveria more attractively and reasonably moving forward. If you’re looking to invest wisely, this is the perfect opportunity now!
About The Iveria Condo
It is a high-quality and luxurious boutique development that sits on an elevated site, stamped with a Prime District 9 address in River Valley precinct, was traditionally labelled and perceived as an upscale residential enclave in Core Central Region of Singapore consistently. The locale comes with plenty of great amenities, appealing to most young urbanites who aspire in residing within a cosmopolitan neighbourhood of River Valley, Robertson Quay, as well as Orchard.
With frontages onto both River Valley and Kim Yam Road where the cluster of low-rise shophouses congregate, it offers residents of The Iveria Condo an open view to the immediate surroundings. Not only does it present an astonishing viewpoint towards the Downtown Core and the City State’s main shopping belt, home owners from the lower floors will also be greeted with some deep, verdant greenery thriving from the predominantly low-density residence of Oxley Road community.
The Iveria Neighbourhood
Residents of The Iveria condo will be extremely well served by a myriad of latest lifestyle trends, round-the-clock entertainment and the vast F&B options conveniently situated at nearby Robertson Quay, Mohamed Sultan, Great World City, Killiney Road and the ever-bustling Orchard Road.
The site will also be well served by various mode of public transportation such as the Great World MRT Station (Thomson-East Coast Line), which is strategically positioned less than 600 metres away. It is also within a 10 minutes’ walk to the Somerset MRT Station (North South Line) if required by the non-driving residents of this beautiful residential development.
How to Proceed?
The Iveria Condo by Macly Group is ready. If you’d like to learn and uncover more in-depth details of this new project with us, kindly indicate your interest online for the following up as well as the exclusive invitation to our showroom. Drop us a message now!
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