Block 124B Rivervale Drive

4 Room · Built 1999 · 73 years remaining lease MOP Cleared
Latest Sale
$580,000
Dec 2024 · 4 ROOM · #13-15
Median $/sqm
$4,703
Based on 19 transactions
Total Transactions
19
Since Jan 2017
5-Year Trend
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Insufficient data
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 73 years remaining 99 years
73 years 9 months
Remaining lease
↓ 0.30%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 73 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
Dec 2024 13 TO 15 4 ROOM 94 sqm $580,000 $6,170
Nov 2023 10 TO 12 4 ROOM 90 sqm $490,000 $5,444
Jul 2023 01 TO 03 4 ROOM 90 sqm $463,888 $5,154
Jul 2023 04 TO 06 4 ROOM 92 sqm $488,000 $5,304
Jun 2023 04 TO 06 4 ROOM 94 sqm $488,000 $5,191
Mar 2022 01 TO 03 4 ROOM 90 sqm $415,000 $4,611
Mar 2022 16 TO 18 4 ROOM 90 sqm $470,000 $5,222
Jan 2022 04 TO 06 4 ROOM 91 sqm $428,000 $4,703
Dec 2021 04 TO 06 4 ROOM 92 sqm $436,000 $4,739
Nov 2021 07 TO 09 4 ROOM 90 sqm $425,000 $4,722
Nov 2021 13 TO 15 4 ROOM 90 sqm $428,000 $4,756
Sep 2021 01 TO 03 4 ROOM 90 sqm $400,000 $4,444
Aug 2021 10 TO 12 4 ROOM 92 sqm $398,000 $4,326
May 2021 04 TO 06 4 ROOM 90 sqm $370,000 $4,111
Jan 2020 16 TO 18 4 ROOM 91 sqm $345,000 $3,791
Oct 2019 07 TO 09 4 ROOM 90 sqm $340,000 $3,778
Jun 2018 13 TO 15 4 ROOM 90 sqm $360,000 $4,000
Jun 2017 16 TO 18 4 ROOM 90 sqm $345,000 $3,833
Jan 2017 01 TO 03 4 ROOM 90 sqm $325,000 $3,611
Showing 19 of 19 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 124B Rivervale Drive

Block 124B at Rivervale Drive is a residential HDB block in Sengkang, Singapore, built in 1999 with approximately 73 years remaining on its 99-year lease. The block contains 4 room flats, with resale prices ranging from $325,000 to $580,000 based on 19 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 13 TO 15 sold for $580,000 in 2024-12. The current median price per square metre is $4,703. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9209, 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 124B Rivervale Drive worth?

The most recent resale transaction at Block 124B Rivervale Drive was $580,000 for a 4 room flat in 2024-12. The median price per square metre across all flat types is $4,703, based on 19 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 124B Rivervale Drive?

Block 124B Rivervale Drive was built in 1999 and has approximately 73 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 0.30%, meaning the leasehold value decreases by approximately 0.30% per year at the current remaining lease.

What flat types are available at Block 124B Rivervale Drive?

Block 124B Rivervale Drive in Sengkang contains 4 room flats. Resale prices range from $325,000 to $580,000 based on historical transaction records from data.gov.sg.

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