The Iveria is a residential development that is located in the River Valley, prime district 9 and Core Central Region of the island. The site is located in the junction of River Valley Road and Kim Yam Road. It is next to Urbana and Martin Place Residences and also opposite of Attitude @ Kim Yam. The site of The Iveria had previously belonged to Rivieria Point, a 12 storey apartment block that comprised of 33 residential units. It was successfully acquired by Singapore property developer, Macly Group in a collective sale exercise in 2018. That was RIveria Point’s fourth collective sale bid.
Macly Group has bought over with a price tag of S$72 million. The winning bid translate to a rate of land to approximately S$1462 per square foot per plot ratio. This is one of the cheapest land rates for those upcoming residential launches that are of freehold tenure in the Orchard Road district which also give The Iveria condo a competitive edge in pricing.
This will also be able to appeal to those investors who are seeking for quality and affordable purchases. Particularly when the River Valley district generally has a healthy demand in rental with its close distance to the chic Clarke Quay and Robertson Quay districts for lifestyle as well as the downtown financial district.
The plot of land has a total size of approximately 1,364.90 square metres and with gross plot ratio of 2.8. The Iveria’s tenure belongs to freehold. Future residents who are owners of the higher floor units will enjoy unobstructed views of the Orchard Road and the city’s skyline. Those owners of the lower floor units will overlook the Oxley area.
The development is estimated to be completed in the end of year 2022. Upon completion, the development will comprise of 1 block of 18 storeys high apartment tower. There will be a total of 51 residential units available. This development offer only 1 unit type which is the 3 bedroom plus study which are sized between 904 to 947 square feet. The facilities in this development include cascading terrace, gourmet dining, sky deck, poolside deckm sun deck as well as a 66 square metre pool. The total number of carpark lots available will be 51 loits and the development also comes with 9 bicycle lots.
Other developments that are within The Iveria’s vicinity include One Balmoral, Goodwood Grand, Volari at Balmoral, Belmoral Grove, Goodwood Residences, Robin Residences, Marin Modern, New Futura, Steven Suites, 8 Hullet, The Peak @ Cairnhill, The Rise @ Oxley, Lloyd Sixty Five, Scotts Tower and also Cairnhill Nine.
The site of The Iveria condominium is situated at the corner of the two arterial roads which are the Kim Yam Road as well as the River Valley Road. With that, this development has 2 frontages between 30 to 35 metres on its dies. Due to that, The Iveria condominium will be relatively unobstructed, particularly for those apartments that are facing towards the low-rise residences that are nestled in the Oxley Road enclave which is just across the River Valley Road. While the units on the higher floors might even be able to enjoy the views of the Orchard Road which are in the north direction as well as the Marina Bay and skylines of the city which is in the South East direction.
The River Valley district is one of the top ranking residential areas in Singapore. It is in the fringes of the Singapore River enclave and Orchard Road area and it is not very far from the Marina Bay and Raffles Place financial centres. The estate encompasses a fascinating mixture of old warehouses, conserved shophouses and also private residences that are being re-purposed beautifully to a diversity of usages.
Given its close proximity to the Orchard Road, this location will surely have not lack of amenities. For residents that prefer something nearer, the UE Square is just approximately 10 minutes’ walk from the development. Additionally, The Iveria is approximately 8 to 9 minutes of walk or 500 metres from the Robertson Quay. This area is a popular dining and wining destination that is located alongside the Singapore River which is a charming combination of new and old architecture as well as ambiance. The venue is also served well by public transportation system which includes the 2 MRT stations that are within the walking distances.
The Robertson is a popular lifestyle destination among plenty which exudes a cosmopolitan setting with the alfresco cafes, bistros, restaurants, pubs, wine bars, artisanal shops and art houses residing there. Some of them are situated in the conservation shophouses and old godowns that have been converted and tastefully restored. These conversation buildings will serve the legacies of the rich history and heritage on this more laid back and less crowded part of Singapore River and also add on by giving the area a unique character.
The location of the Iveria condo is practically just right opposite of the Killiney enclave which houses a row of conversation shophouses with several coffeshops operating in the shophouses offering traditional coffee and local food fare. The Killiney Road also has a supermarket which operates 24 hours which residents can get their daily necessities if they run out at any time of the day.
The Killiney Road will be adjoining the Somerset area of the Orchard Shopping Belt. A leisure stroll of approximately 15 minutes will get residents to this shopping district which is the country’s busiest and longest retail heaven with every kind of shopping malls, retail offerings and hotels all line up on this 2.2 km long street. If residents will like to go for something nearer, they can go to the UE Square which is approximately 650 metres or 9 minutes of walk away.
The Iveria Singapore is situated in a very exclusive private residences enclave of the River Valley. Although its site is not that huge but it has an advantage of having the ability to have all round open outlook. Other than the frontage of the Kim Yam Road in its east direction and to the north is the River Valley Road, the development will be set from away the towers of the Martin Place Residences towards the South direction and also the Urbana’s landscaping grounds and swimming pools on the West direction.
For those units in the low levels at The Iveria will also be able to have some views. These might be looking out to its neighbouring pool and gardens of the low rise residences of the Oxley Road enclave. And also, those one the higher levels will be likely to have great views of the financial district skyline or towards the Orchard Road.
About the Developer The Iveria condo is developed by the Macly Group, a real estate company that is Singapore based and is founded in 1987. During the process, the company is recognized for its good track record of developing residential projects which include cluster and landed housing, commercial property as well as private condominiums and also mixed use developments. The company is one of the first to be pioneering the Affordable and Compact trend.
Some of the company’s projects and most of them have been developed successfully include the Thomson V1, Thomson V2, Zedge as well as the Mackenzia 138 which was launched in 2004 and sold out within a month, Suites at Owen, Suites at Amber, Newton Edge, Fivenine and also Guillemard Edge which all its 275 units are fully sold within 2 weeks of its launch in 2012.
The company has also developer numerous developments with the partnership with another developer Roxy Pacific Holdings was well. Those projects include Natura at Hillview, Haig 162, Nottinghill Suites and also mixed use development such as Millage and EON Shenton.
The group has also ventured into the overseas markets. It has collaborated with the Roxy Pacific Holdings to development Wisma Infinitum. This is a development that is located in the premium address right in the business district of Kuala Lumpur which comprises of more than 800 apartment units. The group also developed Kuala Lumpur’s Skyville 8 @ Benteng via partnership with Malaysia development Premium Developer.
The group also has a hospitality arm which operates the group’s hotel business using the branding or Lloyd’s Inn. These hotels provide the Zen-like concept serenity in the city. For any further details about this development Contact Us or Send Email To Us.
Primary School River Valley Primary School – 0.3km Saint Margaret’s Primary School – 1.3km Anglo Chinese Junior School – 1.6km Alexandra Primary School – 1.7km Zhangde Primary School – 1.8km
Secondary School Outram Secondary School – 1.0km School of the Arts (SOTA) – 1.2km Gan Eng Seng Secondary School – 1.8km
Junior College Catholic Junior College – 3.3km
Tertiary The University of Chicago Booth School of Business – 0.6km Nanyang Academy of Fine Arts – 1.4km Singapore Management University – 1.5km Duke-NUS Graduate Medical School Singapore – 1.7km
International School Dimensions International College (City Campus) – 0.2km Etonhouse Pre-School (Robertson Walk) – 0.5km Swedish Supplementary Education School – 0.6km Chatsworth International School (Orchard Campus) – 0.8km Finnish Supplementary School – 1.0km Norwegian Supplementary School – 1.0km ISS International School (Elementary and Middle School Campus) – 1.2km
Food Centre Blk 1 Jalan Kukoh Food Centre – 0.8km Zion Riverside Food Centre – 0.9km People’s Park Food Centre – 1.2km Blk 22A Havelock Road Food Centre – 1.3km Tiong Bahru Market and Food Centre – 1.3km Hong Lim Market and Food Centre – 1.4km Beo Crescent Market and Food Centre – 1.4km Chinatown Market – 1.5km Market Street Food Centre – 1.8km Tekka Market – 1.8km Maxwell Food Centre – 1.8km Newton Food Centre – 1.9km Albert Centre Market and Food Centre – 1.9km
Lifestyle Stardus Clubhouse – 0.2km Home TeamNS – UE Square Club House – 0.6km Legends – 0.8km SAFRA Town Club – 1.3km The French Chamber of Commerce in Singapore – 1.4km Home TeamNS – Smith Street Club House – 1.6km The American Club – 1.6km Singapore Cricket Club – 1.7km Singapore Recreation Club – 1.7km Tanglin Club – 1.8km
Highlights of The Iveria
Transport Network The Iveria is approximately 600 m away from Somerset MRT Station which operates the North South MRT Line. Future residents just need to travel 1 station towards Marina South Pier MRT Station to arrive at the Dhoby Ghaut MRT Interchange Station which also operates the North East MRT Line and the Circle MRT Line. From the same direction, it is also just 2 stations away from City Hall MRT Interchange Station and 3 stations away from Raffles Place MRT Station. Both stations also operate the East West MRT Line.
The Orchard MRT Interchange Station is just 1 station away from Somerset MRT Station towards the direction of Jurong East MRT Station. The interchange station’s Thomson East Coast MRT Line will start its operation in 2021. The Iveria is also approximately 700 m away from the upcoming Great World MRT Station. This station will also be operating the Thomson East Coast MRT Line is also scheduled to be operational in 2021.
For those driving, The Iveria is just a mere 5 minutes’ drive to Orchard Shopping District. To get down to the Central Business District, it will be just approximately 7 minutes of drive. The Iveria is also close to the Central Expressway (CTE) which also links to other major expressways such as the Pan Island Expressway (PIE), the Ayer Rajah Expressway (AYE) and also the Seletar Expressway (SLE).
Amenities The closeness to Singapore’s biggest shopping district, Orchard Road, means that future residents will not having to worry about getting their shopping, dining and leisure needs fulfilled. Some of the shopping malls that are within short proximities include UE Shopping Mall, UE Square, Orchard Gateway, Orchard Central and 313 @ Somerset.
Schools Besides these, The Iveria is also close to local schools such as River Valley Primary School, Saint Margaret’s Primary School, Anglo Chinese Junior School, Alexandra Primary School, Zhangde Primary School, Outram Secondary School, School of the Arts (SOTA) and Gan Eng Seng Secondary School.
International schools that are nearby include Dimensions International College (City Campus), Etonhouse Pre-School (Robertson Walk), Swedish Supplementary Education School, Chatsworth International School (Orchard Campus), Finnish Supplementary School , Norwegian Supplementary School and ISS International School (Elementary and Middle School Campus).
To summarize,
Good Views – Future residents can either enjoy the unblocked views of Orchard Road or Oxley area.
Prime – It is located in the prestige district 9.
Locality – It is just walking distance to Somerset and Great World MRT Station
Accessible – It is minutes to the CBD and Orchard.
Rental Potential – It is surrounded by many international schools.
The Iveria Factsheet
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