Block 116B Rivervale Drive

4 Room · 5 Room · Executive · Built 2000 · 73 years remaining lease MOP Cleared
Latest Sale
$695,000
Jan 2026 · 5 ROOM · #10-12
Median $/sqm
$4,648
Based on 26 transactions
Total Transactions
26
Since Jan 2017
5-Year Trend
▲ +48.2%
Median price change
Price Trend
Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.
What's Your Unit Worth?
HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.
Estimated Market Value
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Future Value Projection
Estimated value in --
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Based on Bala's Table (SLA leasehold valuation model) with 3% annual market appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Not financial advice.
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Lease Decay Projection
0 years 73 years remaining 99 years
73 years 7 months
Remaining lease
↓ 0.30%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 73 years remaining, decay is gradual (~0.30%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
All Transactions
Date Floor Type Area Price $/sqm
Jan 2026 10 TO 12 5 ROOM 115 sqm $695,000 $6,043
Dec 2025 13 TO 15 4 ROOM 95 sqm $560,000 $5,895
Jul 2025 07 TO 09 EXECUTIVE 130 sqm $808,000 $6,215
Jun 2025 16 TO 18 4 ROOM 95 sqm $595,000 $6,263
Jun 2025 01 TO 03 5 ROOM 114 sqm $600,000 $5,263
Feb 2025 04 TO 06 5 ROOM 115 sqm $645,000 $5,609
Nov 2023 04 TO 06 EXECUTIVE 130 sqm $700,000 $5,385
Sep 2023 04 TO 06 5 ROOM 115 sqm $550,000 $4,783
Aug 2023 04 TO 06 4 ROOM 95 sqm $496,000 $5,221
Mar 2023 07 TO 09 EXECUTIVE 130 sqm $688,000 $5,292
Feb 2023 16 TO 18 4 ROOM 95 sqm $500,000 $5,263
Feb 2023 04 TO 06 5 ROOM 115 sqm $538,888 $4,686
Jun 2022 13 TO 15 5 ROOM 115 sqm $580,000 $5,043
Dec 2021 13 TO 15 4 ROOM 95 sqm $438,000 $4,611
Oct 2021 10 TO 12 4 ROOM 95 sqm $420,000 $4,421
Jul 2021 01 TO 03 5 ROOM 114 sqm $430,000 $3,772
Mar 2021 01 TO 03 4 ROOM 95 sqm $368,000 $3,874
Feb 2021 10 TO 12 4 ROOM 95 sqm $370,000 $3,895
Sep 2020 10 TO 12 5 ROOM 115 sqm $425,000 $3,696
Jun 2020 10 TO 12 4 ROOM 95 sqm $370,000 $3,895
Showing 20 of 26 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 116B Rivervale Drive

Block 116B at Rivervale Drive is a residential HDB block in Sengkang, Singapore, built in 2000 with approximately 73 years remaining on its 99-year lease. The block contains 4 room, 5 room, executive flats, with resale prices ranging from $368,000 to $808,000 based on 26 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 10 TO 12 sold for $695,000 in 2026-01. The current median price per square metre is $4,648. Over the past five years, resale prices at this block have increased by approximately 48.2%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9205, with an annual lease decay rate of approximately 0.30%. All transaction data is sourced from Singapore's data.gov.sg open data platform and is updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 116B Rivervale Drive worth?

The most recent resale transaction at Block 116B Rivervale Drive was $695,000 for a 5 room flat in 2026-01. The median price per square metre across all flat types is $4,648, based on 26 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 116B Rivervale Drive?

Block 116B Rivervale Drive was built in 2000 and has approximately 73 years and 7 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.30%, meaning the leasehold value decreases by approximately 0.30% per year at the current remaining lease.

What flat types are available at Block 116B Rivervale Drive?

Block 116B Rivervale Drive in Sengkang contains 4 room, 5 room, executive flats. Resale prices range from $368,000 to $808,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 116B Rivervale Drive gone up or down?

Resale prices at Block 116B Rivervale Drive have increased by approximately 48.2% over the past five years. The current median price is $515,000, with the most recent sale at $695,000 in 2026-01.

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