Rivercove Residences balloting day
In this blog series, we invite real estate industry professionals to share their personal experiences. Names and identifying details have been changed to protect the privacy of individuals.
In December 2017, I received an enquiry from a client by the name of Claire.
She and her husband had just met their 5 year minimum occupancy (HDB) at their HDB in Fernvale and wanted to upgrade from their HDB to a condo. Eventually after much deliberation, they decided to try for Rivercove Residences.
In the context of Singapore public housing, an executive condominium caters to a “sandwiched class” of families who wish to stay in condominium but find private condominiums too expensive.
First introduced in 1999, an EC is a hybrid of public and private housing.
They resemble private condominiums and are enclosed within a gated compound with security, amenities like swimming pools barbeque pits, a clubhouse ......