River Isles @ Punggol: Scenic Family-Friendly Homes Close to the Reservoir and Nature

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If you’re a fan of water elements in your home, you will be pleased to know that River Isles has not one, but four water-themed areas, bound to keep the whole atmosphere of the condominium refreshingly cool. Developed by Qingjian Realty Pte Ltd, this 99-year leasehold development has bagged accolades for its design and functionality at the 2017 Singapore Property Awards. Located at 64 Edgedale Plains in District 19, residents can enjoy the benefit of seamless connectivity with an LRT station that’s just beside their home.

4 Reasons Why River Isles Is Ideal for Families and Working Professionals:

1. Specifications and Perks for Own Stay

Project NameTenureTOPUnit Type (up to)Size in sqft (up to)Average Price PSF (up to)
River Isles99-year leasehold20151-bedroom
2-bedroom
3-bedroom
4-bedroom
581
753
1,593
2,207
$969

River Isles comprises 610 units that spans across nine towers with 17 floors, offering apartments that range from one to four bedrooms, along with penthouses. Quality is key when it comes to interiors. Each unit comes with marble flooring and branded fixtures from Kohler and Hansgrohe.

There’s so many exciting facilities for you and your family at River Isles! Show off your hosting skills at spaces such as the Clubhouse and Teppanyaki Pavilion. Ease your mind at these ultimate lounge spots like the Meditation Bay and Hammock Haven. Look forward to playing in the sun at the fun court and tennis court.

Recreational water facilities don’t fall short too. Take a dip or make a splash at the dip lagoon, water spring massage and hydro gym. Kids can safely join in the fun too at the Wade ‘n’ Waddies and Aqua Play!

2. Accessibility, Amenities and Recreational Spots

Coral Edge LRT Station is right at your doorstep.From there, you are one stop away from Punggol MRT and LRT Station, where Punggol Bus Interchange is located. Vehicle owners, getting to the Central Business District (CBD) and Orchard Road takes about 26 minutes and 22 minutes respectively via Central Expressway. Other nearby expressways include Tampines Expressway (TPE) and Kallang Paya Lebar Expressway (KPE), so travelling to other parts of the island is a breeze.

You can easily get your errands done as supermarkets and shopping malls are close by. They are Prime Supermarket, NTUC Fairprice, Sheng Siong Supermarket, Punggol Plaza, Rivervale Mall, Rivervale Plaza, and the largest mall in the town, Waterway Point. Residents have the advantage of being next to the reservoir, three coastal promenades, two bustling activity hubs, and a 4.5km waterway. You can revel in exciting water sports, anytime.

3. Job Opportunities, Schools and Healthcare

Finding schools near home shouldn’t be difficult. Nearby educational institutions include Edgefield Primary School, Punggol Green Primary School, Compassvale Secondary School, and Punggol Secondary School. If you ever need medical help, Sengkang General Hospital and Sengkang Community Hospital are both a 10-minute drive.

Keep an eye on the upcoming Punggol Digital District, which is 4.2km (a 10-minute drive) from River Isles, and Sengkang West, which is 5.2km from the property. These developments mean that professionals working in the North-East will now have more options of condos to rent. What’s more? A new employment node is also being developed at Lorong Halus. It will be progressively developed as a food, lifestyle, and logistics cluster.

4. Property Price and Future Developments

The price of River Isles two-bedroom unit in the past three years:

  • January to December 2017 – up to $758,000
  • January to December 2018 – up to $800,000
  • January to December 2019 – up to $832,000

Since 2017, the property price at River Isles has been increasing. We can foresee the price rising over the years, thanks to upcoming developments like more amenities, employment nodes, recreational facilities, community spaces, and public transportation options.

Is River Isles the home you’ve been dreaming of? Talk to our real estate consultants and get VIP agent service. Call 6886 9009 now!


Best Mortgage Rate Across All Banks for River Isles

Talk to our mortgage brokers with over 30 years of experience and get the lowest mortgage rate at 1.78%. Our home loan specialists will assist you with everything you need to know from Total Debt Servicing Ratio (TDSR), Loan to Value (LTV) Limits and Legal Conveyancing.

Buyer’s Stamp Duty for River Isles

Buyer’s Stamp Duty (BSD) is tax paid on documents signed when you buy or acquire property located in Singapore.

If you opt to buy a three-bedroom unit at River Isles the price is at $1,300,000 which is reflective of the market value, your Buyer’s Stamp Duty (BSD) is $36,600.

Market Value of the PropertyBSD RateCalculation
On the first $180k1%$1,800
On the second $180k2%$3,600
Next $640,0003%$19,200
Remaining $300,0004%$12,000
BSD Payable$36,600

Source: IRAS

Looking at another unit size? Use Ohmyhome’s In-app BSD calculator for faster calculation! Download Ohmyhome from the Play Store or App Store now!

Additional Buyer’s Stamp Duty for River Isles

Liable property buyers in Singapore are required to pay Additional Buyer’s Stamp Duty (ABSD) on top of the existing BSD. ABSD and BSD are computed on the purchase price as stated in the dutiable document or the market value of the property (whichever is the higher amount).

Who is liable to pay ABSD:

  • Singapore Citizen (SC) buying second, third and subsequent residential property
  • Singapore Permanent Resident (SPR) buying first, second and subsequent residential property
  • Foreigners or entities buying any residential property

ABSD for Singapore Citizens when Buying River Isles

Here’s the ABSD amount you are required to pay if you are an SC:

Property OwnershipABSD RateABSD Amount from Price $1,300,000
If River Isles is your second residential property12%$156,000
If River Isles is your third or subsequent residential property15%$195,000

ABSD for Singapore Permanent Resident when Buying River Isles

Here’s the ABSD amount you are required to pay if you are an SPR:

Property OwnershipABSD RateABSD Amount from Price $1,300,000
If River Isles is your first property5%$65,000
If River Isles is your second or subsequent residential property15%$195,000

ABSD for Foreigners when Buying River Isles

Here’s the ABSD amount you are required to pay if you are a foreigner:

Property OwnershipABSD RateABSD Amount from Price $1,300,000
Foreigners buying any property20%$260,000

VIP Service for Buyers at $0 Agent Fees

Our real estate consultants will provide you insights about this new project and assist you with everything you need to know from BSD, ABSD, exercising the OTP to sealing the deal.

Buy your dream home at $0 agent fee!

Call 6886 9009 now!

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