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Block 121B Rivervale Drive

4 Room · 5 Room · Built 2000 · 74 years remaining lease · Updated Jun 2025 MOP Cleared

Block 121B Rivervale Drive has 17 recorded HDB resale transactions since 2017. Latest sale: $650,000 (Jun 2025, 5 room, floors 16–18). Median $3,933/sqm. Prices up 38.4% over the past five years. Built 2000, 74 years lease remaining.

Latest Sale
$650,000
Jun 2025 · 5 ROOM · Floor 16-18
Median $/sqm
$3,933
Based on 17 transactions
Total Transactions
17
Since Jan 2017
5-Year Trend
▲ +38.4%
Median price change
Median Price ?
Top 96%
#595 / 618 Top 96%
Latest Sale ?
Top 53%
#325 / 618 Top 53%
Value ($/sqm) ?
Top 98%
#604 / 618 Top 98%
5-Year Growth ?
Top 53%
#280 / 529 Top 53%
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
+6.7%/yr
vs
Lease Decay
−0.30%/yr
Growth assumption
Based on this block’s +38.4% 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 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.
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
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 121B 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 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 Rivervale Drive is one of the more affordable HDB blocks in Sengkang, with a median of $403,000 below most of the town. It has a relatively light resale record, with 17 transactions since 2017 across 4 room, 5 room flats priced from $331,000 to $650,000. The most recent transaction was a 5 room flat on storeys 16 TO 18 at $650,000 in Jun 2025, and the median works out to $3,933/sqm. Higher floors carry a premium, with the 16 TO 18 band trading roughly 16% above the 07 TO 09 band. Over five years, prices here are up about 38.4%. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.9220, an annual lease decay of about 0.30%. All transaction data is sourced from data.gov.sg and 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 38.4% 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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