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Block 123A Rivervale Drive

4 Room · 5 Room · Built 1999 · 74 years remaining lease · Updated Jan 2024 MOP Cleared

Block 123A Rivervale Drive has 14 recorded HDB resale transactions since 2017. Latest sale: $593,000 (Jan 2024, 5 room, floors 04–06). Median $3,699/sqm. Built 1999, 74 years lease remaining.

Latest Sale
$593,000
Jan 2024 · 5 ROOM · Floor 04-06
Median $/sqm
$3,699
Based on 14 transactions
Total Transactions
14
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 93%
#573 / 618 Top 93%
Latest Sale ?
Top 76%
#471 / 618 Top 76%
Value ($/sqm) ?
Top 100%
#617 / 618 Top 100%
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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How we estimate this →
Future Value Projection
Market Appreciation
+3%/yr
vs
Lease Decay
−0.29%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 9 months
Remaining lease
↓ 0.29%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 74 years remaining, decay is gradual (~0.29%/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 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 123A 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
Jan 2024 04 TO 06 5 ROOM 115 sqm $593,000 $5,157
May 2023 16 TO 18 5 ROOM 116 sqm $605,133 $5,217
Sep 2022 01 TO 03 4 ROOM 101 sqm $455,000 $4,505
Apr 2021 10 TO 12 5 ROOM 115 sqm $435,000 $3,783
Dec 2020 01 TO 03 5 ROOM 115 sqm $410,888 $3,573
Jul 2020 01 TO 03 4 ROOM 101 sqm $360,000 $3,564
May 2020 07 TO 09 5 ROOM 115 sqm $420,000 $3,652
Dec 2019 07 TO 09 5 ROOM 115 sqm $423,800 $3,685
Jun 2019 04 TO 06 5 ROOM 115 sqm $415,000 $3,609
Mar 2019 16 TO 18 4 ROOM 102 sqm $390,000 $3,824
Oct 2018 07 TO 09 5 ROOM 115 sqm $415,000 $3,609
Oct 2018 04 TO 06 5 ROOM 115 sqm $420,000 $3,652
Oct 2017 16 TO 18 5 ROOM 116 sqm $455,000 $3,922
Mar 2017 13 TO 15 4 ROOM 101 sqm $375,000 $3,713
Showing 14 of 14 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 123A Rivervale Drive

Block 123A Rivervale Drive is priced at the value end of Sengkang, its $420,000 median lower than about 92% of the town's blocks. It has a relatively light resale record, with 14 transactions since 2017 across 4 room, 5 room flats priced from $360,000 to $605,133. The most recent transaction was a 5 room flat on storeys 04 TO 06 at $593,000 in Jan 2024, and the median works out to $3,699/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9236, equivalent to roughly 0.29% 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 123A Rivervale Drive worth?

The most recent resale transaction at Block 123A Rivervale Drive was $593,000 for a 5 room flat in 2024-01. The median price per square metre across all flat types is $3,699, based on 14 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 123A Rivervale Drive?

Block 123A Rivervale Drive was built in 1999 and has approximately 74 years and 9 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.29%, meaning the leasehold value decreases by approximately 0.29% per year at the current remaining lease.

What flat types are available at Block 123A Rivervale Drive?

Block 123A Rivervale Drive in Sengkang contains 4 room, 5 room flats. Resale prices range from $360,000 to $605,133 based on historical transaction records from data.gov.sg.

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