Riviera Point sold en bloc for $72m

It was the property's fourth en bloc sale attempt.

Residential site Riviera Point, located at 2 Kim Yam Road, has been sold for $72m or $1,461 psf ppr to real estate firm Macly Group's subsidiary.

According to CBRE, this is Rivieria Point’s fourth collective sale attempt, with previous attempts in 2007, 2011, and 2013.

The site area is approximately 14,579 sq ft. Based upon the Masterplan 2014 zoning, the use is residential with plot ratio 2.8 and a height control of 36 storeys.

The verified existing gross floor area (GFA) is approximately 49,265 sqft, translating to a plot ratio of 3.379.

The public tender for Riviera Point closed on 18 December 2017.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia