Block 124 Rivervale Drive

4 Room · 5 Room · Built 1999 · 72 years remaining lease MOP Cleared
Latest Sale
$555,000
Jun 2025 · 4 ROOM · #04-06
Median $/sqm
$4,332
Based on 10 transactions
Total Transactions
10
Since Jan 2017
5-Year Trend
▲ +24%
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 72 years remaining 99 years
72 years 10 months
Remaining lease
↓ 0.31%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 72 years remaining, decay is gradual (~0.31%/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 04 TO 06 4 ROOM 100 sqm $555,000 $5,550
Mar 2024 01 TO 03 5 ROOM 120 sqm $570,000 $4,750
Jan 2023 07 TO 09 5 ROOM 120 sqm $570,000 $4,750
Nov 2022 07 TO 09 5 ROOM 120 sqm $552,000 $4,600
Mar 2022 04 TO 06 4 ROOM 101 sqm $465,000 $4,604
Oct 2021 10 TO 12 5 ROOM 123 sqm $499,888 $4,064
May 2021 04 TO 06 4 ROOM 101 sqm $395,000 $3,911
Dec 2019 07 TO 09 4 ROOM 101 sqm $355,000 $3,515
Aug 2018 07 TO 09 5 ROOM 120 sqm $420,000 $3,500
Aug 2017 04 TO 06 5 ROOM 121 sqm $393,000 $3,248
Showing 10 of 10 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 124 Rivervale Drive

Block 124 at Rivervale Drive is a residential HDB block in Sengkang, Singapore, built in 1999 with approximately 72 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $355,000 to $570,000 based on 10 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $555,000 in 2025-06. The current median price per square metre is $4,332. Over the past five years, resale prices at this block have increased by approximately 24%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9184, with an annual lease decay rate of approximately 0.31%. 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 124 Rivervale Drive worth?

The most recent resale transaction at Block 124 Rivervale Drive was $555,000 for a 4 room flat in 2025-06. The median price per square metre across all flat types is $4,332, based on 10 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 124 Rivervale Drive?

Block 124 Rivervale Drive was built in 1999 and has approximately 72 years and 10 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 124 Rivervale Drive?

Block 124 Rivervale Drive in Sengkang contains 4 room, 5 room flats. Resale prices range from $355,000 to $570,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 124 Rivervale Drive gone up or down?

Resale prices at Block 124 Rivervale Drive have increased by approximately 24% over the past five years. The current median price is $482,444, with the most recent sale at $555,000 in 2025-06.

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