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Block 117B Rivervale Drive

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

Block 117B Rivervale Drive has 15 recorded HDB resale transactions since 2017. Latest sale: $580,000 (Mar 2026, 4 room, floors 10–12). Median $4,171/sqm. Prices up 41.6% over the past five years. Built 2000, 73 years lease remaining.

Latest Sale
$580,000
Mar 2026 · 4 ROOM · Floor 10-12
Median $/sqm
$4,171
Based on 15 transactions
Total Transactions
15
Since Jan 2017
5-Year Trend
▲ +41.6%
Median price change
Median Price ?
Top 50%
#310 / 618 Top 50%
Latest Sale ?
Top 82%
#505 / 618 Top 82%
Value ($/sqm) ?
Top 92%
#567 / 618 Top 92%
5-Year Growth ?
Top 36%
#188 / 529 Top 36%
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
+7.2%/yr
vs
Lease Decay
−0.30%/yr
Growth assumption
Based on this block’s +41.6% 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 5 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.
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 3 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
3 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 117B 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
Mar 2026 10 TO 12 4 ROOM 95 sqm $580,000 $6,105
Jan 2026 01 TO 03 5 ROOM 114 sqm $605,000 $5,307
Mar 2024 16 TO 18 5 ROOM 115 sqm $633,888 $5,512
Jan 2024 01 TO 03 5 ROOM 114 sqm $538,000 $4,719
Mar 2023 07 TO 09 4 ROOM 95 sqm $495,000 $5,211
Feb 2023 10 TO 12 4 ROOM 95 sqm $505,000 $5,316
Jul 2022 13 TO 15 5 ROOM 115 sqm $575,000 $5,000
Nov 2021 07 TO 09 5 ROOM 115 sqm $475,000 $4,130
Jul 2021 01 TO 03 EXECUTIVE 129 sqm $538,000 $4,171
Jun 2021 07 TO 09 5 ROOM 115 sqm $455,000 $3,957
Feb 2021 01 TO 03 4 ROOM 95 sqm $365,000 $3,842
Jan 2021 10 TO 12 5 ROOM 115 sqm $442,800 $3,850
Aug 2020 01 TO 03 EXECUTIVE 129 sqm $528,000 $4,093
Jul 2017 16 TO 18 5 ROOM 115 sqm $436,000 $3,791
Jun 2017 10 TO 12 5 ROOM 115 sqm $420,000 $3,652
Showing 15 of 15 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 117B Rivervale Drive

Resale prices at Block 117B Rivervale Drive in Sengkang have risen sharply, up about 41.6% over the past five years. At $505,000, its median sits roughly in line with the Sengkang town median. It has a relatively light resale record, with 15 transactions since 2017 across 4 room, 5 room, executive flats priced from $365,000 to $633,888. The most recent transaction was a 4 room flat on storeys 10 TO 12 at $580,000 in Mar 2026, and the median works out to $4,171/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9200, equivalent to roughly 0.30% of lease-value decay a year. All transaction data is sourced from data.gov.sg and updated monthly.

Frequently Asked Questions

How much is an HDB flat at Block 117B Rivervale Drive worth?

The most recent resale transaction at Block 117B Rivervale Drive was $580,000 for a 4 room flat in 2026-03. The median price per square metre across all flat types is $4,171, based on 15 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 117B Rivervale Drive?

Block 117B Rivervale Drive was built in 2000 and has approximately 73 years and 5 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 117B Rivervale Drive?

Block 117B Rivervale Drive in Sengkang contains 4 room, 5 room, executive flats. Resale prices range from $365,000 to $633,888 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 117B Rivervale Drive gone up or down?

Resale prices at Block 117B Rivervale Drive have increased by approximately 41.6% over the past five years. The current median price is $505,000, with the most recent sale at $580,000 in 2026-03.

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