New Launch Condo @ River Valley Close

New Launch Condo @ River Valley Close

The 290-unit Pacific Mansion condo in River Valley has been sold a tripartite venture consisting of GuocoLand (40% share), Hong Leong Investment Holdings (40% share) and Hong Realty (20% share) for a record-breaking S$980 million or S$1,806 psf ppr.

Pacific Mansion is a 290-unit development comprising 288 apartments and two commercial units at River Valley Close. The top bid by GuocoLand was noted to be around 4.5% higher than the initial reserve price of S$938 million and each owner will receive a gross sales proceed between S$3.26 million to S$3.48 million from the Pacific Mansion en bloc.

The result of the tender is testament to the excellent attributes of the sprawling freehold site in the heart of district nine, which includes the proximity to both the central business district and Orchard Road shopping belt, and the upcoming Great World City MRT Station.  CBRE said that each residential unit owner of New Launch Condo at River Valley Close will stand to receive a gross payout of S$3.26 million to S$3.48 million, while owners of shop units will receive between S$2.2 million and S$4.5million.

Based on the verified existing gross floor area of about 493,222 sq ft, the total price of S$980 million works out to S$1,987 per square foot per plot ratio price, according to CBRE. Including the 10 per cent bonus balconies gross floor area, the maximum allowable gross floor area for the New Condo Launch at River Valley Close is 542,544 sq ft, working out to about S$1,806 per square foot per plot ratio price, CBRE said.

New Launch Condo @ River Valley Close

New Launch Condo @ River Valley Close Details

Project Name TOP
AddressRiver Valley Close
DeveloperGuocoLand and Hong Leong Investments
Description TBA
Tenure Freehold
District9
Site Area128,532sq ft
Gross Floor Area 542,544sq ft
No. of BlocksTBA
No. of Storeys TBA
No. of Units TBA
No. Carpark Lots TBA
TOPTBA

New Launch Condo @ River Valley Close Location

 

As of current, the nearest train station from New Condo Launch at River Valley Close is Somerset North South Line Train Station which is approximately 800 m. Its future residents will be able to transit to the North East Line and the Circle Line Train Services located at the Dhoby Ghaut Train Interchange which is just 1 station away from the Somerset Station. New and upcoming Condo at site of Pacific Mansions will have greater accessibility in the future when Great World Train Station located approximately 500 m away starts its operation in 2021. New Launch Condo at River Valley Close future residents will be able to access to the Thomson Line Train Services which is available at the station. Its residents will be able to get to Orchard easily as it is just a train station away from Orchard Train Station. For drivers, New Condo at site of Pacific Mansions is approximately 4 minutes’ drive away from the downtown financial district. It is also easily contacted to the Central Expressway (CTE) which interconnects to various major Expressways. This allow easily island wide driving to many parts of Singapore. 

 

Upcoming Condo Launch at River Valley Close is close to schools such as River Valley Primary School, St Margaret Primary School, Anglo-Chinese Junior School, Zhanngde Primary School, Outram Secondary School, Gan Eng Seng School and Raffles Girls’ Secondary School. It is also close to Teritary Insitutions such as Nanyang Academy Of Fine Arts, The University of Chicago Booth School of Business and Singapore Management University. For expat families with school going children, New Condo at site of Pacific Mansions close to Finnish Supplementary School, Swedish Supplementary School, Overseas Family School, ISS International School (Elementary), Chatsworth International School Orchard Campus and Eton House International School.

 

River Valley Close Upcoming Condo Launch is a short stroll from the Great World City where its future residents can access to various retail, eating, leisure and entertainment facilities. Upcoming Condo at River Valley Close is also less than 1 km away from Orchard Road where major shopping malls are plenty such as TripleOne Somerset, Orchard Central, Scape, Liang Court, The Heeren, Mandarin Gallery and The Centrepoint . Major food centres that are within short radius from New Condo site of Pacific Mansions include Zion Riverside Food Centre, Havelock Road Block 22A Food Centre, Tiong Bahru Market, Beo Crescent Block 38A Market and Food Centre, Hong Lim Market & Food Centre, Chinatown Complex Market and Food Centre and People’s Park Complex Food Center. 

 

 

New Launch Condo @ River Valley Close Location

 

Amenities Near New Launch Condo @ River Valley Close

Connectivity

MRT Stations

Great World MRT Station (0.5 km)

Somerset MRT Station (0.8 km)

 

Bus Stops

Airview Towers (0.3 km)

The Morningside (0.3 km)

 

Educational Institutes

Play Schools

Chinese Kindergarten (0.8 km)
YWCA Kindergarten (0.8 km)
Kay Poh Road Baptist Kindergarten (1.0 km)
JHS Montessori Kindergarten (1.2 km)
Artskidz Preschool (1.3 km)
Little Hands Montessori Kindergarten (1.3 km)
Little Raindrops Montessori Pre-School (1.5 km)

Primary Schools

River Valley Primary School (0.2 km)
Saint Margaret’s Primary School (1.5 km)
Zhangde Primary School (1.6 km)
Anglo-Chinese Primary School (1.8 km)

 

Secondary Schools

Outram Secondary School (0.7km)

Gan Eng Seng Secondary School (1.6km)

 

International Schools

Swedish Supplementary School (0.8km)
Etonhouse International Pre-school (0.9km)
Chatsworth International School (1.0km)
Finnish Supplementary School (1.1km)
Overseas Family School (1.1km)
International School Singapore (1.2km)

Shopping Malls

Great World City (0.6 km)
UE Square Shopping Mall (0.6 km)
TripleOne Somerset (0.8 km)
Orchard Central (0.9 km)
313@Somerset Scape (0.9 km)
Liang Court (0.9 km)
The Heeren (0.9 km)
Mandarin Gallery (1.0 km)
The Centrepoint (1.0km)


New Launch Condo @ River Valley Close Site Plan / Facilities 

To be Updated soon!!

 

New Launch Condo @ River Valley Close Drive Floor Plan

To be Updated soon!!

 

Things you might want to know more about New Launch Condo @ River Valley Close

New Launch Condo @ River Valley Close Brochure

New Launch Condo @ River Valley Close Showflat

New Launch Condo @ River Valley Close Location

New Launch Condo @ River Valley Close Price PSF

New Launch Condo @ River Valley Close Developer Sales