The Iveria - 16 Units for Sale
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
Explore PropertyGuru
Current search behaviour keeps the development in view within the local property market, drawing on 30 days of PropertyGuru search activity. Within the Orchard / River Valley market, the property remains a visible option for buyers exploring the district's condominium segment.
Most-searched Units: 3-BedroomPopular preferences: Gym
Pricing by Unit Types:
- 3-Bedroom Units:
- Avg Asking Price: S$ 2.59M
- Avg PSF: S$ 2,810 psf (7.4% lower compared to Orchard / River Valley average of S$ 3,034 psf)
- Available Units: 14
Location & Lifestyle Highlights — The Iveria 760m (9 mins) to GREAT WORLD MRT STATION — This station on the Thomson-East Coast Line provides a direct link to the Central Business District and the northern parts of Singapore. The Iveria sits on a rare elevated corner spot in River Valley, offering residents a unique vantage point with clear views of the Orchard Road skyline and the city. It is a modern home designed for those who want to be right next to the trendy lifestyle hubs of Robertson Quay and the glitzy shopping belt. Nearby hotspots: MRT Stations (3 within 1 km):
- FORT CANNING MRT STATION (800m, 9-10 mins) — Access the Downtown Line easily for a quick commute to the financial district and Bugis area.
- SOMERSET MRT STATION (832m, 10-11 mins) — Connect to the North-South Line for direct travel to Orchard Road malls and the Dhoby Ghaut interchange.
- CTRL SQ (65m, 1 min) — Very close stop that makes hopping on a bus for local trips around the city extremely simple.
- AFT KIM YAM RD (81m, 1 min) — Conveniently located just steps away for quick access to various bus routes serving the River Valley corridor.
- 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 within a short walking distance for families in the area.
- TOUCHSTONE INTERNATIONAL INSTITUTE (326m, 3-4 mins) — Nearby private education facility offering specialized learning options right in the neighbourhood.
- WATSONS (424m, 5-6 mins) — Handy for picking up daily health essentials and over-the-counter personal care items.
- KILLINEY MEDICAL CLINIC (607m, 7-8 mins) — Reliable medical services located nearby for general health consultations and family check-ups.
- GUARDIAN (673m, 8-9 mins) — Another convenient pharmacy option for prescriptions and wellness products within the immediate vicinity.
- FAIRPRICE (373m, 4-5 mins) — Great for daily grocery shopping with a wide selection of fresh produce and household goods just a short walk away.
- ROBERTSON WALK (534m, 6-7 mins) — A lifestyle destination featuring a mix of retail shops and services in a relaxed, Mediterranean-style setting.
- COLD STORAGE - UE SQUARE (675m, 8-9 mins) — Premium supermarket choice for high-quality imported goods and specialty food items.
- SIN CHAO GARDEN (65m, 1 min) — Immediate dining option right at your doorstep for a quick and easy meal without leaving the street.
- SENKI JAPANESE RESTUARANT (479m, 5-6 mins) — Popular spot for Japanese cuisine lovers looking for a quality meal in the Robertson Quay area.
- THE TAVERN RESTAURANT (510m, 6-7 mins) — A well-known local establishment offering a cozy atmosphere for dinner and drinks nearby.
Market & Rental Insights
The Iveria demonstrates a profile of premium positioning with a focus on rental income potential in a prime district.
- PSF Appreciation:S$2,745 → S$2,641 over recent years (-3.79%) from 2024 - 2025.
- Expected Rental Yield: At 3.1%, this reflects a healthy return for investors.
- Transactions:7 rental transactions in the last 6 months, indicating modest rental activity.
- PG Pulse Insight: Despite a slight adjustment in PSF, The Iveria maintains a healthy rental yield and modest rental activity, suggesting its continued appeal for yield-focused investors.
Published date: October 2, 2026