The Iviera Developer
Macly Group is a real estate development company based in Singapore. Since 1987, Macly Group has had a track record of developing landed properties, to apartments, condominiums, mixed developments, commercial and cluster housing projects. Between 2004 to 2011, the Group developed and launched 20 developments with a total of more than 1000 residential and commercial units in Singapore. Macly Group continues to uphold its mission in providing quality and value to purchasers today.
Compact and Affordable Apartments
Prompted to make private apartments more affordable, Macly Group was the pioneer in “shoebox apartment” (i.e. Compact and Affordable) trend in Singapore. Its first Compact and Affordable apartment, Mackenzie 138, was sold out within a month in 2004.
Introduction of Mechanical Parking System and Apartment Facilities
The introduction of “shoebox apartments” have lead to the introduction of the Mechanised Parking System to solve the parking provision to apartments. Macly Group has developed affordable private housing with ample facilities and value. Soho 188, Suites @ Owen, Suites 123, Thomson V1 and V2 were the Group's projects in which the above were introduced.
Low Price Quantum Private Freehold Apartments at Bigger Sites
With real estate prices increasing, Macly Group saw the need to develop low price quantum private freehold apartments, and decided to apply Compact and Affordable apartments at conventional, bigger sites. Suites @Amber, Wilkie 80, Zedge and Newton Edge were some of the Group's projects that were developed during this period.
City Fringe Living
With real estate prices increasing further, Macly Group ventured into developing non-conventional sites such as Geylang, located near Singapore’s city fringe. This was well received by both consumers and the market, proven by the sales records of Sims Edge and Suites @ Sims, which sold out within 1 month of launch in 2011. All 275 units at Guillemard Edge was sold out within 2 weeks of launch in 2012.
Influence of Macly Group with The Iviera
The Iviera ( former is Riviera Point ) site area stands at 14,579 sq ft. CBRE, which brokered the sale, said the use of the land has been zoned as "residential" with a plot ratio of 2.8 and a height control of 36 storeys. But it added that the verified existing gross floor area is about 49,265 sqft, which translates to a plot ratio of 3.379. The sale price of the development works out to about $1,461 psf ppr. If you are interested in The Iviera project and be the first to secure your choice unit, please Fill In your details and our sales team will be in contact with you shortly or directly call Hotline 8100 0364