Latest Updates from Riviere Developer

24/6/20: Riviere Showroom is now open upon appointment. Please reserve a time slot prior to arrival as we are implementing mandatory crowd control and safe distancing measures set up by the Multi-Ministry Task Force. Kindly use contact form for appointment booking if you do not have your own salesperson to book the time slot reservation.

1/5/20: Showroom is closed due to CB, please use contact form to arrange for virtual presentation and information kits. Our salesperson will be able to help. Take care during this period and stay safe!

August 2019: New Info Added: Factsheet, Floorplans, Siteplans Updated!

30/1/19: Showroom will be opening on 2Q2019. Register with us to get latest info and VVIP Discounts

[See Condo Details]

Riviere Prices – Pricing & Estimated PSF

  • The purchase price for Riviere works out to a land rate of close to S$1732 per square foot per plot ratio (psf ppr).
  • The most affordable unit will be priced from 1.5m onwards, subject to change.
  • Land Experts estimates Frasers Centrepoint’s breakeven cost for the Jiak Kim project at around S$2,450 psf.
  • The average Riviere psf will be around 2600-2900psf, not withstanding external market and interest rates fluctuations or property measures.
  • Based on the land price rate, the breakeven price is around $2500. Adding in marketing, legal and misc costs, we expect the development to price at a selling price of $2600-2900psf. Riviere Price will be subject to change.
  • The above estimates are based on best effort basis and historical trends and expected construction costs, land costs, marketing costs, and profit margins. The eventual selling price may differ albeit not expected to a large extent.
  • All information reflected here are subject to changes. No damages or claims shall be made from owner of the website.
  • Riviere Showflat will have multiple unit types for visiting.
  • Updates on Prices, the below prices for Riviere are subject to changes, the costs of land prices, constructions costs, legals costs, and agent commissions are all included but not reflected within the price list. Please check with your respective sales associates for the latest prices. Best Buy Guide Prices below:
    • 1br from $1.58m @ 560sqft
    • 2br from $2.19m @ 828sqft
    • 3br from $2.98m @ 1141sqft
    • 3+PL from $4.07m @ 1507sqft
    • 4br from $5.35m @ 2002sqft
  • Above prices are subject to change and to be used as a guide only.

Current Prices on Available Unit 

No. of Rooms Unit Type Sqm Sqft No. of Units Stack Price Min. Price Max.
1 Bedroom A1-2 52 560 34 03 $1,527,750 $1,675,190
A1-2(H) 52 560 1 03 Call to enquire for pricing Call to enquire for pricing
A1-1 52 560 34 09 $1,602,440 $1,678,100
A1-1(H) 52 560 1 09 SOLD SOLD
2 Bedroom B1-2 76 818 34 02 $2,225,180 $2,400,750
B1-2(H) 76 818 1 02 Call to enquire for pricing Call to enquire for pricing
B1-1 76 818 34 06 $2,119,800 $2,195,100
B1-1(H) 76 818 1 06 Call to enquire for pricing Call to enquire for pricing
B2 78 840 34 11 $2,268,830 $2,437,610
B2(H) 78 840 1 11 Call to enquire for pricing Call to enquire for pricing
B1-3 76 818 34 12 $2,209,660 $2,374,560
B1-3(H) 76 818 1 12 Call to enquire for pricing Call to enquire for pricing
3 Bedroom C1-2 106 1,141 34 01 $2,883,800 $2,997,700
C1-2(H) 106 1,141 1 01 Call to enquire for pricing Call to enquire for pricing
C2-2 116 1,249 34 04 $3,089,900 $3,248,900
C2-2(H) 116 1,249 1 04 Call to enquire for pricing Call to enquire for pricing
C1-1 109 1,173 34 05 $2,891,300 $2,983,500
C1-1(H) 109 1,173 1 05 Call to enquire for pricing Call to enquire for pricing
C4 159 1,711 34 07 Call to enquire for pricing Call to enquire for pricing
C4(H) 159 1,711 1 07 Call to enquire for pricing Call to enquire for pricing
C2-1 113 1,216 34 10 $3,296,060 $3,548,260
C2-1(H) 113 1,216 1 10 Call to enquire for pricing Call to enquire for pricing
C3 140 1,507 34 13 $4,069,150 $4,461,030
C3(H) 140 1,507 1 13 Call to enquire for pricing Call to enquire for pricing
4 Bedroom D1 186 2,002 34 08 $5,346,640 $5,916,030
D1(H) 186 2,002 1 08 Call to enquire for pricing Call to enquire for pricing

Past Transactions for Riviere

Date Address Type of Sale Area
(sqft)
Type of Area Price
(S$ psf)
Price
(S$)
Purchaser Address
30 Mar 20 3 Jiak Kim Street #03-09 New Sale 560 Strata 2,851 1,595,650 N.A
9 Jan 20 3 Jiak Kim Street #05-11 New Sale 840 Strata 2,716 2,280,000 Private
3 Jan 20 1 Jiak Kim Street #05-03 New Sale 560 Strata 2,816 1,576,250 N.A
3 Jan 20 3 Jiak Kim Street #07-10 New Sale 1,216 Strata 2,734 3,326,000 N.A
18 Dec 19 3 Jiak Kim Street #07-12 New Sale 818 Strata 2,750 2,250,000 N.A
13 Nov 19 3 Jiak Kim Street #17-10 New Sale 1,216 Strata 2,919 3,550,000 HDB
5 Nov 19 3 Jiak Kim Street #26-11 New Sale 840 Strata 3,021 2,536,550 N.A
4 Nov 19 1 Jiak Kim Street #12-03 New Sale 560 Strata 2,876 1,610,000 N.A
12 Oct 19 3 Jiak Kim Street #13-13 New Sale 1,507 Strata 2,886 4,348,510 N.A
25 Sep 19 3 Jiak Kim Street #09-11 New Sale 840 Strata 2,799 2,350,310 N.A
Riviere Park
Latest Updates from Riviere Developer

24/6/20: Riviere Showroom is now open upon appointment. Please reserve a time slot prior to arrival as we are implementing mandatory crowd control and safe distancing measures set up by the Multi-Ministry Task Force. Kindly use contact form for appointment booking if you do not have your own salesperson to book the time slot reservation.

1/5/20: Showroom is closed due to CB, please use contact form to arrange for virtual presentation and information kits. Our salesperson will be able to help. Take care during this period and stay safe!

August 2019: New Info Added: Factsheet, Floorplans, Siteplans Updated!

30/1/19: Showroom will be opening on 2Q2019. Register with us to get latest info and VVIP Discounts

[See Condo Details]

Site History

Riviere Condo is sited on the fomer Zouk Nightclub, which has a history that dates back a few decades. Situated by the Singapore River, the 20,000-square-feet (1,858 sq m) premises at Jiak Kim Street was originally three abandoned warehouses. In 1990, Zouk successfully won the lease for the land on which the warehouses stood and began renovations. Couched as an S$8-million entertainment complex, Zouk opened in March 1991 with a discotheque, restaurant, café, wine bar and a pub – the last of which became the MTV Bar at the end of the year, a room that showed music videos from American cable television channel MTV. The Zouk enterprise was run by Zouk Holdings Pte Ltd, which was then made up of an international consortium comprising five partners.

In June 2014, Zouk announced that the club would close at the end of the year, as it was unable to secure a further extension of its lease from the Urban Redevelopment Authority. The land that Zouk sits on is zoned for residential development, and Zouk’s function is viewed as incompatible with the residential nature of the area. Property analysts also stated the nightspot was sitting on prime land that is underutilised in terms of economic value
c. On 22 August, it was announced that the government has acceded to a conditional extension of the lease on Zouk. The nightclub will be allowed to stay at Jiak Kim Street until 31 December 2017, provided that it finds a new location by 30 June 2015; otherwise, the lease will end on 31 December 2015.

Riviere Skyline
Riviere Location Map

Riviere Jiak Kim Street GLS

  • In Dec 2017, FRASERS Centrepoint Ltd’s (FCL’s) winning bid earlier this month for the Jiak Kim Street plot was completed
  • The S$1,732.55 per square foot per plot ratio (psf ppr) is some 40 per cent higher than the S$1,239 psf ppr that GuocoLand paid in June last year for a nearby site which it is developing into the Martin Modern condo.
  • FCL’s bid set a new high for a 99-year leasehold pure private residential site or residential site with first storey commercial use sold at a state tender.
  • On 5th Dec 2017, Jiak Kim Street closed on Tuesday (Dec 5), with FCL receiving a top bid of S$955.4 million, according to the Urban Redevelopment Authority (URA).
  • The land parcel at Jiak Kim Street, which is the former site of popular nightclub Zouk, drew a total of 10 offers.
  • Land Experts estimates Frasers Centrepoint’s breakeven cost for the Jiak Kim project at around S$2,450 psf. Assuming FCL needs a profit margin of, say, 10 per cent, it would be eyeing an average selling price of around S$2,700 psf.
  • The Jiak Kim plot, which also includes three conserved warehouse buildings that once used to house the Zouk nightspot, is superior location-wise. For one, the Jiak Kim site fronts the Singapore River, Riviere condo will enjoy views of the river. The Jiak Kim Street plot siting Riviere is also seen as being accessible – as it is just off Kim Seng and Havelock roads in addition to being closer to an MRT station (the future Great World and Havelock stations on the Thomson-East Coast Line).

For Riviere PSF and price details please read below pricing advice.
Read more at https://www.channelnewsasia.com/news/singapore/former-zouk-site-at-jiak-kim-street-gets-bid-of-s-955-4m-for-9471114

Riviere Lounge
Fraser Residence at Jiak Kim Street Site