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Enbloc Sales of Rio Casa HUDC at Hougang

Enbloc Sales of Rio Casa (HUDC)

Old Development Name : Rio Casa (former Hougang HUDC)
Date Launch : 10 April 2017
Type : Private Condominium
Site Area :  36,811.1 sqm
Plot Ratio : 2.8
Gross Floor Area : 103,071.08 sqm
Date Close : 23 May 2017
Development Name : TBA
Developer : Joint Venture KSH Development, Oxley Holdings, Lian Beng Group and Apricot Capital
PSF PPR : ~$706 PSF PPR (include top-up lease)

Developers will pay S$575 million for the enbloc deal. Each existing owners of Rio Casa will stand to receive an amount of $2 million upon successful completion of the sale.

Developers will have to pay a premium of S$208 million to top up the lease to a fresh 99 years lease.

Developers’ Stake

  • Oxley Holdings Limited 35%
  • KSH Holdings Limited 35%
  • Lian Beng Group Limited 20%
  • Apricot Capital 10%

More information of the enbloc news can be found at :

Location of Rio Casa