The Iveria - 6 Units for Rent
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The Iveria is a brand new luxurious development located at 2 Kim Yan Road, Singapore 239320 in the prime area of District 9. Situated in the highly sought-after River Valley locale of Singapore, it is the replacement of former Riviera Point condominium which was acquired by Macly Iveria Pte Ltd, a wholly owned subsidiary of Macly Group. The development is jointly developed by Macly Group and Lim Wen Heng Holdings, a construction firm. Macly Group has a reputable image for their niche and boutique developments spanning from residential to hospitality sector as well as overseas ventures. The development is expected to be completed in year 2022. The Iveria is a high-quality and luxurious boutique development that sits on an elevated site perceived as an upscale residential enclave in Core Central region of Singapore. The residence takes a strategic corner position which unveils itself to a generous unobstructed view towards the glitzy Orchard Road and the City Skyline of the Central Business District for the distinguished homeowners. The development is curated with thoughtfully designed facilities such as Cascading Terrace and Gourmet Dining area, infinity pool, sky deck and sun deck. Furthermore, the locale comes with plenty of great amenities that are appealing to most young urbanites aspiring to reside within a cosmopolitan neighbourhood of River Valley, Robertson Quay and Orchard. The neighbourhood itself is extremely well served by a myriad of latest lifestyle trends and entertainment including F&B options situated in convenient locations. The nearest MRT station is the Somerset MRT Station at Orchard Road and Fort Canning MRT station. In future, once the Thomson-East Coast Line is completed in year 2021, the Great World City MRT station will only be just 600 metres away. Travelling to major parts of Singapore was made easy and convenient with the proximity to MRT stations on these three different MRT lines. For vehicles owners, The Iveria is only a short drive away from the Central Expressway (CTE). Four Points EateryCreative Eateries Pte LtdCrystal Jade Golden Palace River Valley Primary SchoolMargaret’s Primary SchoolAnglo-chinese school (Junior)Outram Secondary SchoolRaffles Girls’ Secondary School Singapore General HospitalInternational Medical Clinic-CamdenKilliney Medical ClinicHealthway International Medical Clinic UE Square MallRobertson WalkOrchard GatewayParagon Shopping CentreConcorde Shopping Mall The Iveria has a total of 18 floors and comprises of 51 units of exclusive 3 bedroom residences. Interior finishes will be specially curated to a high level of detail and quality such as glass wardrobes and stainless-steel cladded kitchens. There will be large windows in each unit, designed to make rooms bright, spacious and airy while taking full advantage of the unblocked city skyline view. Each unit has an average size of 904 to 947 square feet.Project Name: The IveriaType: Private CondominiumDistrict: 9Configuration: 51 residential unitsSite area: 14,692 square feet Unit types for The Iveria:Type A – 915 square feetType B – 947 square feetType C – 904 square feet The following projects are by the same developer as The Iveria:Five Nine33 Residences The following developments are in the same neighbourhood as The Iveria:8 St ThomasMartin ModernScotts SquareThe Ritz-Carlton ResidencesTwentyOne Angullia ParkHaus On Handy
DeveloperMacly Iveria Pte Ltd
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The project remains visible within recent property searches tied to the Orchard / River Valley area, according to PropertyGuru's 30-day search trends. This presence in the local market highlights its continued relevance to property seekers exploring options in this prime residential enclave.
Most-searched Units: 3-BedroomPopular preferences: Gym
Pricing by Unit Types:
- 3-Bedroom Units:
- Avg Asking Price: S$ 7K
- Avg PSF: S$ 8 psf (17.36% higher compared to Orchard / River Valley average of S$ 6 psf)
- Available Units: 2
- FORT CANNING MRT STATION (795m, 9-10 mins) — A convenient gateway to the Downtown Line for a quick commute to the financial district and Bugis.
- SOMERSET MRT STATION (832m, 10-11 mins) — Direct access to the North-South Line puts the entire Orchard Road shopping strip just a short walk away.
- CTRL SQ (65m, 1 min) — Just steps from your front door, offering immediate bus connections for your daily travel around the city.
- AFT KIM YAM RD (81m, 1 min) — Very close by, providing extra bus routes that make getting to work or school much simpler.
- SUPERLAND PRE-SCHOOL (RV) PTE. LTD. (73m, 1 min) — An incredibly close option for parents with young children, making the morning school run effortless.
- RIVER VALLEY PRIMARY SCHOOL (330m, 3-4 mins) — A highly regarded local primary school located within a very short walking distance for families.
- JHS MONTESSORI KINDERGARTEN (255m, 3-4 mins) — Nearby early childhood education that focuses on the Montessori method for local residents.
- WATSONS (424m, 5-6 mins) — A handy spot to pick up daily health essentials and personal care items quickly.
- PINNACLE FAMILY CLINIC (512m, 6-7 mins) — Reliable medical services nearby for general health consultations and family check-ups.
- KILLINEY MEDICAL CLINIC (607m, 7-8 mins) — Professional healthcare located along the vibrant Killiney Road stretch for easy access.
- FAIRPRICE (373m, 4-5 mins) — Your go-to for daily groceries and household necessities just a few minutes away.
- ROBERTSON WALK (534m, 6-7 mins) — A lifestyle destination perfect for weekend shopping and enjoying the Mediterranean-style courtyard atmosphere.
- COLD STORAGE - UE SQUARE (675m, 8-9 mins) — A premium supermarket option for high-quality produce and international food selections.
- SIN CHAO GARDEN (65m, 1 min) — A very convenient dining choice located right around the corner for a quick and easy meal.
- SENKI JAPANESE RESTUARANT (479m, 5-6 mins) — Great for residents who enjoy Japanese cuisine in a relaxed setting close to home.
- BUTTERKNIFE FOLK (512m, 6-7 mins) — A popular local spot for artisanal gelato and sweet treats after a walk around the neighbourhood.
The Iveria demonstrates a stable rental market profile with consistent pricing for larger unit types and modest transaction volumes.
- Median Rental Appreciation: 3-bedroom units maintained a steady median rent of S$6,200 → S$6,200 (0%) over the last one year.
- Transactions: 7 rental transactions in the last 6 months, showing modest rental activity.
- PG Pulse Insight: Rental activity remains modest with 3-bedroom rents holding firm at S$6,200, indicating a period of price consolidation for the project.
Published date: July 1, 2026