Wing Tai Launches River Green 2846 Psf %E2%80%94 First New Ccr Condo River Valley 2021
The preview of River Green, Wing Tai Holdings’ 524-unit residential project, has begun on July 17. Located at River Valley Green, the development is situated next to Great World MRT Station on the Thomson-East Coast Line (TEL). Bookings for the project are set to start on August 2.
River Green, which is a 99-year leasehold development, is located in prime District 9 within the Core Central Region (CCR). It comprises of a 36-storey residential tower featuring a rooftop terrace on the 37th floor. The project was designed by P&T Consultants, with STX Landscape Architects as the landscape designer.
One of the highlights of River Green is that it is the first private residential development in Singapore to receive BCA’s Green Mark Platinum Super Low Energy certification, earning all five sustainability badges – health and wellbeing, whole life carbon, maintainability, resilience, and intelligence.
Interested buyers can find out more information about available units and prices for River Green.
According to Wing Tai, the development’s rooftop solar panels are expected to generate enough power to cover 30% of the project’s energy needs for the common areas. The basement car park offers 265 parking spaces spread over multiple levels, including 40 electric vehicle (EV) ready lots and 20 equipped with EV charging stations.
River Green represents Wing Tai’s first residential project in the River Valley area. The developer is well-known for its upmarket and ultra-luxury developments in Singapore’s CCR, such as the 43-unit luxury condo Le Nouvel Ardmore at Ardmore Park, the 147-unit L’Viv and 81-unit Newton 18 on Newton Road, and the 176-unit Belle Vue Residences at Oxley Walk. Stacey Ow Yeong, head of marketing at Wing Tai Property Management, says that the company has consistently demonstrated a strong familiarity and a successful track record in developing projects within the CCR.
There is much anticipation and excitement for the future of Aurelle of Tampines EC as the area is set to undergo major infrastructure developments. These developments bring a promising outlook for residents, especially with the ongoing construction of the CRL, which is expected to greatly improve the connectivity of the region. In addition, there are plans to implement cycling paths and pedestrian-friendly pavements around Tampines, promoting a greener and healthier lifestyle. To experience first-hand the benefits of these developments, visit the Aurelle of Tampines Showflat today.
The most recent project completed by Wing Tai is The M, a 522-unit development along Middle Road in the Beach Road-Bugis-Rochor area, which is considered part of the Rest of Central Region (RCR). The M has been fully sold. Prior to River Green, the company’s latest launch was The LakeGarden Residences, a 306-unit, 99-year leasehold project on Yuan Ching Road in Jurong Lake District. Launched in August 2023, the project is over 75% sold to date.
Wing Tai has actively pursued prime residential sites under the Government Land Sales (GLS) programme. In March 2023, it secured the River Valley Green (Parcel A) site with the highest of two bids at $464 million, or $1,325 psf per plot ratio (ppr). “We recognised the site’s strong locational attributes and its potential to be transformed into a high-quality project that resonates with buyers, including accessibility to Great World MRT Station, proximity to the Singapore River and CBD, and nearby schools,” says Ow Yeong.
River Valley Green (Parcel B) was subsequently awarded to GuocoLand, which submitted a winning bid of $627.84 million ($1,420 psf ppr) when the tender closed in February 2025. “Developers have reason to feel confident in the area, given the positive changes in recent years,” says Mark Yip, CEO of Huttons Asia. For instance, the Great World shopping mall underwent a major asset enhancement with a refreshed tenant mix. The opening of the Great World MRT Station on the TEL in November 2022 has also improved public transport connectivity.
River Green is the first major new launch in River Valley since the debut of the 540-unit Irwell Hill Residences in April 2021. Two-bedroom units make up just over half (53%) of the unit mix. July 17 also marks the preview of Promenade Peak, a 596-unit project by Allgreen Properties at Zion Promenade in District 3 of the RCR. Despite being located in different districts, both projects are in close proximity to each other. “In our view, River Green in the CCR and Promenade Peak in the RCR share attributes sought after by today’s homebuyers: central location, walking distance to MRT, and proximity to retail and F&B offerings,” says Fong.
Another launch is scheduled for July 19 – the 348-unit, 999-year leasehold Robertson Opus (the former Fraser Place), jointly developed by Frasers Property and Sekisui House. Also in prime District 9, it adds to the growing number of new launches in the area.
River Green offers a mix of one- to four-bedroom units ranging from 420 to 980 sq ft. Units are outfitted with premium appliances from V-Zug and Liebherr, bathroom fittings from Gessi, and sanitaryware from Villeroy & Boch. Two-bedroom configurations make up the bulk of the development (53%). Sizes range from 527 sq ft for typical layouts to 657 sq ft for two-bedroom plus study units. Three-bedroom units (20%) range from 786 to 883 sq ft, while one-bedroom and one-bedroom plus study units (20%) are 420 and 452 sq ft, respectively. Four-bedroom units (7%) are sized at 980 sq ft.
The indicative pricing for the units is as follows:
• One-bedders: From $1.2 million ($2,857 psf)• Two-bedders: From $1.5 million ($2,846 psf)• Two-bedroom premium: From $1.72 million ($2,852 psf)• Three-bedders: From $2.25 million ($2,862 psf)• Four-bedders: From $2.8 million ($2,857 psf)
“We aimed to balance spaciousness with efficiency to ensure the price points align with the budgets of local buyers,” says Ow Yeong. She notes that most young buyers in the CCR tend to have affordability ranges of $2 million to $3 million, often with parental support. ERA Singapore CEO Marcus Chu says Wing Tai’s pricing strategy will resonate with aspiring local homebuyers who typically view CCR properties as unattainable. “As the price gap between the RCR and CCR has narrowed, new opportunities have emerged for Singaporeans to consider homes in the CCR,” he says.
Yip adds that some one-bedroom units in new RCR launches are priced around $1.4 million, higher than River Green’s starting price of $1.2 million for a CCR unit.
Christine Sun, chief researcher and strategist at Realion Group, estimates that four new launches in the River Valley area in 2H2025 will bring 2,175 units to the market – including River Green, Promenade Peak, Robertson Opus, and Zyon Grand, a 706-unit joint venture between City Developments and Mitsui Fudosan (which also includes 373 long-stay serviced apartments). Additional pipeline supply includes GuocoLand’s upcoming 455-unit project on Parcel B and a potential 470-unit development on Parcel C (currently on the Reserve List). Sun estimates that the total forthcoming supply in the precinct could reach about 3,100 units.
PropNex’s Fong expects River Green to attract a similar buyer profile as Promenade Peak, with a mix of investors and homeowners, including HDB upgraders from Havelock, Tiong Bahru, Redhill, Henderson, and Telok Blangah. “There’s quite a fair bit of new supply released over a short span,” Fong acknowledges, adding that concerns of oversupply are “understandable.” However, he sees the area as appealing due to the surrounding amenities, including five primary schools within 2km of River Green. ERA’s Chu argues that successive launches do not necessarily lead to a glut. “We’ve seen it in places like Pasir Ris Grove, Punggol, and most recently Lentor Hills, take-up has remained healthy,” he says. Each project in the River Valley-Zion Road corridor can appeal to different segments based on buyer preferences, lifestyle, and budget. Mohan Sandrasegeran, head of research and data analytics at SRI, adds that River Green’s green credentials could appeal to younger, eco-conscious buyers and families seeking a healthier living environment.
River Green offers comprehensive facilities including a 50m lap pool, tennis court, gym, three function rooms, co-working space, barbecue and garden pavilions, and a Sky Loft with bar facilities on the 37th floor. A sheltered linkway connects the condo directly to the Great World MRT Station and the adjoining shopping mall.
“Private residential supply in River Valley has historically been limited and well-absorbed,” says SRI’s Sandrasegeran. “The new launches will offer buyers more choices, while healthy competition may prompt developers to enhance value and introduce more competitive pricing or incentives.”
