Block 121B Rivervale Drive

4 Room · 5 Room · Built 2000 · 74 years remaining lease MOP Cleared
Latest Sale
$650,000
Jun 2025 · 5 ROOM · #16-18
Median $/sqm
$3,933
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
▲ +37.3%
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 74 years remaining 99 years
74 years 2 months
Remaining lease
↓ 0.30%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 74 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
Jun 2025 16 TO 18 5 ROOM 110 sqm $650,000 $5,909
Mar 2025 01 TO 03 5 ROOM 109 sqm $590,000 $5,413
Jan 2024 01 TO 03 4 ROOM 89 sqm $455,000 $5,112
Sep 2021 13 TO 15 4 ROOM 91 sqm $455,000 $5,000
Jun 2021 07 TO 09 5 ROOM 110 sqm $448,000 $4,073
Aug 2020 16 TO 18 5 ROOM 110 sqm $394,000 $3,582
Mar 2020 07 TO 09 4 ROOM 91 sqm $331,000 $3,637
Nov 2019 01 TO 03 5 ROOM 109 sqm $390,000 $3,578
May 2019 04 TO 06 5 ROOM 110 sqm $395,000 $3,591
Jan 2019 01 TO 03 4 ROOM 89 sqm $350,000 $3,933
Jan 2019 07 TO 09 5 ROOM 110 sqm $403,000 $3,664
Jul 2018 13 TO 15 5 ROOM 110 sqm $435,000 $3,955
Jun 2018 07 TO 09 5 ROOM 110 sqm $401,888 $3,654
May 2018 13 TO 15 5 ROOM 110 sqm $390,000 $3,545
Feb 2018 04 TO 06 4 ROOM 91 sqm $345,000 $3,791
Jun 2017 16 TO 18 5 ROOM 110 sqm $468,000 $4,255
Jun 2017 16 TO 18 5 ROOM 110 sqm $468,000 $4,255
Showing 17 of 17 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 121B Rivervale Drive

Block 121B at Rivervale Drive is a residential HDB block in Sengkang, Singapore, built in 2000 with approximately 74 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $331,000 to $650,000 based on 17 recorded transactions since January 2017. The most recent transaction was a 5 room flat on storeys 16 TO 18 sold for $650,000 in 2025-06. The current median price per square metre is $3,933. Over the past five years, resale prices at this block have increased by approximately 37.3%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9220, 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 121B Rivervale Drive worth?

The most recent resale transaction at Block 121B Rivervale Drive was $650,000 for a 5 room flat in 2025-06. The median price per square metre across all flat types is $3,933, based on 17 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 121B Rivervale Drive?

Block 121B Rivervale Drive was built in 2000 and has approximately 74 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 0.30%, meaning the leasehold value decreases by approximately 0.30% per year at the current remaining lease.

What flat types are available at Block 121B Rivervale Drive?

Block 121B Rivervale Drive in Sengkang contains 4 room, 5 room flats. Resale prices range from $331,000 to $650,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 121B Rivervale Drive gone up or down?

Resale prices at Block 121B Rivervale Drive have increased by approximately 37.3% over the past five years. The current median price is $403,000, with the most recent sale at $650,000 in 2025-06.

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