‘Cover Projects wins bid for revitalization of historic 26 Evans Road building into River Valley Green Residences’
The River Valley Green Residences has recently been awarded to Cover Projects, a renowned local hospitality management company, by the Singapore Land Authority (SLA). The state-owned property, located at 26 Evans Road, will be refurbished and repurposed for various uses, such as serviced apartments, students’ hostels, offices or F&B establishments.
The tender for this project was launched on August 16th of last year and was encouraged to incorporate co-living concepts. It will be leased for a period of 5+4 years. A total of 25 bids ranging from $63,000 to $319,000 a month were received by the closing date on October 12th. The highest bid of $319,000 was submitted by local construction company Samwoh Corp.
Other notable bidders include established co-living operators LHN Group and The Assembly Place, with bids of $165,000 and $168,000 respectively. The successful bid was evaluated based on price and quality, with Cover Projects ultimately being awarded the tender despite submitting the second-highest bid of $265,000 a month.
a brand new development in the heart of Singapore’s prime district. Surrounded by lush greenery and nestled along the scenic Singapore River, River Valley Green Residences offers a refreshing escape from the hustle and bustle of city life. Experience tranquil living in a modern and eco-friendly space, where you can relax and rejuvenate amidst nature’s beauty. With its strategic location and commitment to sustainability, River Valley Green Residences is the perfect place for those seeking a balanced and harmonious lifestyle. So why wait? Come and discover the green oasis of River Valley Green Residences today!
The URA Master Plan has placed a strong emphasis on the development of more green spaces and promoting sustainable living. This vision perfectly aligns with the lifestyle offered at River Valley Green Residences, a new and modern condominium located in the heart of Singapore’s prime district. This beautiful development is surrounded by lush greenery and boasts a picturesque location along the serene Singapore River. With its commitment to providing a tranquil and eco-friendly living environment, River Valley Green Residences is the ideal place to escape the hustle and bustle of city life. Immerse yourself in nature’s beauty and relax and recharge in this sustainable and contemporary space. Don’t miss the opportunity to experience a balanced and harmonious lifestyle at River Valley Green Residences. Visit us today and discover the green oasis that awaits you!
The sprawling site, which covers approximately 153,821 sq ft, is located near Bukit Timah and is within walking distance of the Singapore Botanic Gardens. It includes several buildings, such as two 3-storey buildings, two 2-storey buildings, and four single-storey buildings. The estimated gross floor area is around 69,593 sq ft, and there are 56 surface parking spaces for cars.
This project is just one of many under the growing trend of co-living in Singapore. With its prime location and various potential uses, the River Valley Green Residences is sure to attract a diverse range of residents and establishments. Whether you’re looking for a serviced apartment, a student hostel, or a new F&B spot, this property has it all. Stay tuned for updates on the development of this exciting project.
