[SINGAPORE] GuocoLand has secured a S$619.3 million green club facility on Tuesday (Jul 8) to finance the acquisition and development of its upcoming River Valley Green (Parcel B) project – a high-end residential development located in Singapore’s prime District 9.
The green loan was jointly provided by UOB, Bank of China’s Singapore branch and OCBC under GuocoLand’s Green Finance Framework.
This is the latest in a string of green financing initiatives the developer has tapped for its portfolio of integrated and sustainable developments.
The 99-year leasehold site, awarded to GuocoLand in February 2025, is strategically located next to Great World MRT station on the Thomson-East Coast Line. Spanning 11,736 square metres, the site offers direct access to Kim Seng Park and the Singapore River. The development will feature about 455 residential units across two towers, as well as commercial shops on the ground floor.
Dora Chng, GuocoLand’s residential director, said: “With direct connectivity to the Thomson-East Coast Line, residents of the future development at River Valley Green will have convenient access to all parts of Singapore, in addition to enjoying the wide selection of shopping and dining options right at their doorstep.”
She added: “Residents can also look forward to scenic views of the city and of Singapore River, as well as GuocoLand’s signature features such as lush landscaping and efficient, generous layouts that enhance the liveability of the development.”
Upon completion, the development is set to achieve the Building and Construction Authority’s Green Mark Platinum (Super Low Energy) certification with Maintainability Badge, which signifies a building’s exceptional energy efficiency and commitment to sustainable design, construction and operation, with a focus on ease of maintenance.
This project adds to GuocoLand’s expanding pipeline of green-certified developments. The developer has already secured green financing for its integrated mixed-use projects such as Guoco Tower and Guoco Midtown, and high-end residences including Lentor Modern, Lentor Mansion, and the upcoming Springleaf Residence and Faber Walk development.
