Block 123C Rivervale Drive
Block 123C Rivervale Drive has 17 recorded HDB resale transactions since 2017. Latest sale: $592,000 (Jan 2026, 4 room, floors 10–12). Median $3,775/sqm. Prices up 26.5% over the past five years. Built 1999, 72 years lease remaining.
What this block rents for, and the gross rental yield (annual rent ÷ resale price). Figures are from rentals at this block where available.
| 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 | $3,200 typically $3,100–$3,350 | — | 5 rentals here |
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.
- 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.
Other HDB blocks closest to Block 123C Rivervale Drive in Sengkang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.
| Date | Floor | Type | Area | Price | $/sqm |
|---|---|---|---|---|---|
| Jan 2026 | 10 TO 12 | 4 ROOM | 101 sqm | $592,000 | $5,861 |
| Jun 2025 | 07 TO 09 | 4 ROOM | 101 sqm | $600,000 | $5,941 |
| Jan 2025 | 10 TO 12 | 4 ROOM | 101 sqm | $580,000 | $5,743 |
| Oct 2023 | 07 TO 09 | 4 ROOM | 101 sqm | $510,888 | $5,058 |
| Sep 2023 | 01 TO 03 | 5 ROOM | 115 sqm | $555,000 | $4,826 |
| Dec 2022 | 16 TO 18 | 5 ROOM | 116 sqm | $600,000 | $5,172 |
| Nov 2021 | 13 TO 15 | 5 ROOM | 115 sqm | $510,000 | $4,435 |
| Oct 2021 | 13 TO 15 | 4 ROOM | 101 sqm | $468,000 | $4,634 |
| May 2021 | 07 TO 09 | 5 ROOM | 115 sqm | $430,000 | $3,739 |
| Nov 2020 | 04 TO 06 | 5 ROOM | 116 sqm | $385,000 | $3,319 |
| Sep 2020 | 16 TO 18 | 4 ROOM | 102 sqm | $385,000 | $3,775 |
| Sep 2020 | 01 TO 03 | 5 ROOM | 115 sqm | $418,000 | $3,635 |
| Aug 2020 | 07 TO 09 | 5 ROOM | 115 sqm | $418,000 | $3,635 |
| Jul 2019 | 10 TO 12 | 4 ROOM | 102 sqm | $370,000 | $3,627 |
| Jun 2019 | 10 TO 12 | 4 ROOM | 101 sqm | $372,000 | $3,683 |
| Nov 2018 | 10 TO 12 | 5 ROOM | 115 sqm | $416,000 | $3,617 |
| Feb 2018 | 04 TO 06 | 5 ROOM | 116 sqm | $418,000 | $3,603 |
About Block 123C Rivervale Drive
Block 123C Rivervale Drive is priced at the value end of Sengkang, its $430,000 median lower than about 89% of the town's blocks. It has a relatively light resale record, with 17 transactions since 2017 across 4 room, 5 room flats priced from $370,000 to $600,000. The most recent transaction was a 4 room flat on storeys 10 TO 12 at $592,000 in Jan 2026, and the median works out to $3,775/sqm. Over five years, prices here are up about 26.5%. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9177, equivalent to roughly 0.31% 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 123C Rivervale Drive worth?
The most recent resale transaction at Block 123C Rivervale Drive was $592,000 for a 4 room flat in 2026-01. The median price per square metre across all flat types is $3,775, based on 17 transactions since January 2017. Data sourced from data.gov.sg.
What is the remaining lease for Block 123C Rivervale Drive?
Block 123C Rivervale Drive was built in 1999 and has approximately 72 years and 7 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 123C Rivervale Drive?
Block 123C Rivervale Drive in Sengkang contains 4 room, 5 room flats. Resale prices range from $370,000 to $600,000 based on historical transaction records from data.gov.sg.
Have HDB prices at Block 123C Rivervale Drive gone up or down?
Resale prices at Block 123C Rivervale Drive have increased by approximately 26.5% over the past five years. The current median price is $430,000, with the most recent sale at $592,000 in 2026-01.