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Block 116B Rivervale Drive

4 Room · 5 Room · Executive · Built 2000 · 73 years remaining lease · Updated Jun 2026 MOP Cleared

Block 116B Rivervale Drive has 28 recorded HDB resale transactions since 2017. Latest sale: $585,000 (Jun 2026, 5 room, floors 01–03). Median $4,734/sqm. Prices up 46% over the past five years. Built 2000, 73 years lease remaining.

How this block compares

  • 4 Room$570,000
    −11.6%vs town(−$75k)−9.5%vs national(−$60k)
  • 5 Room$640,000
    −9.4%vs town(−$67k)−13.5%vs national(−$100k)

Median of resales in the 12 months to Jul 2026, compared with town and Singapore medians on the same basis. Flat types with fewer than two sales in the window are omitted.

Latest Sale
$585,000
Jun 2026 · 5 ROOM · Floor 01-03
Median $/sqm
$4,734
Based on 28 transactions
Total Transactions
28
Since Jan 2017
5-Year Trend
▲ +46%
Median price change
Median Price ?
Top 38%
#235 / 618 Top 38%
Latest Sale ?
Top 80%
#493 / 618 Top 80%
Value ($/sqm) ?
Top 62%
#383 / 618 Top 62%
5-Year Growth ?
Top 17%
#89 / 529 Top 17%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+7.9%/yr
vs
Lease Decay
−0.31%/yr
Growth assumption
Based on this block’s +46% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
Lease Decay Projection
0 years 73 years remaining 99 years
73 years 2 months
Remaining lease
↓ 0.31%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 73 years remaining, decay is gradual (~0.31%/yr). It accelerates significantly below 40 years. Market appreciation (historically 2-4%/yr) currently outpaces lease decay for this block.
Rental & Yield

What this block rents for, and the gross rental yield (annual rent ÷ resale price). This block has too few rentals on record, so figures shown are the Sengkang average.

Flat type Median rent /mo Gross yield Based on
4-Room $3,200 typically $3,000–$3,400 6% Sengkang avg · block too thin
5-Room $3,300 typically $3,100–$3,500 5.7% Sengkang avg · block too thin
Executive $3,500 typically $3,300–$3,700 4.9% Sengkang avg · block too thin
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

This block is inside the 1 km Primary 1 priority zone for 4 popular schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
4 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Other HDB blocks closest to Block 116B Rivervale Drive in Sengkang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Sengkang
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
All Transactions
Date Floor Type Area Price $/sqm
Jun 2026 01 TO 03 5 ROOM 114 sqm $585,000 $5,132
Apr 2026 10 TO 12 4 ROOM 95 sqm $580,000 $6,105
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
Showing 20 of 28 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 116B Rivervale Drive

Block 116B Rivervale Drive in Sengkang has been a strong performer, with resale prices up roughly 46% over five years. Its $534,444 median tracks close to the Sengkang town median. It has a regular flow of resale activity, with 28 transactions since 2017 across 4 room, 5 room, executive flats priced from $368,000 to $808,000. The most recent transaction was a 5 room flat on storeys 01 TO 03 at $585,000 in Jun 2026, and the median works out to $4,734/sqm. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.9193, an annual lease decay of about 0.31%. All transaction data is sourced from data.gov.sg and 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 $585,000 for a 5 room flat in 2026-06. The median price per square metre across all flat types is $4,734, based on 28 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 2 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.31%, meaning the leasehold value decreases by approximately 0.31% 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 46% over the past five years. The current median price is $534,444, with the most recent sale at $585,000 in 2026-06.

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