Block 124B Rivervale Drive
Block 124B Rivervale Drive has 19 recorded HDB resale transactions since 2017. Latest sale: $580,000 (Dec 2024, 4 room, floors 13–15). Median $4,703/sqm. Built 1999, 73 years lease remaining.
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 |
This block is inside the 1 km Primary 1 priority zone for 6 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 124B 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 |
|---|---|---|---|---|---|
| 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 |
About Block 124B Rivervale Drive
Block 124B Rivervale Drive is priced at the value end of Sengkang, its $425,000 median lower than about 91% of the town's blocks. It has a relatively light resale record, with 19 transactions since 2017 across 4 room flats priced from $325,000 to $580,000. The most recent transaction was a 4 room flat on storeys 13 TO 15 at $580,000 in Dec 2024, and the median works out to $4,703/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9209, equivalent to roughly 0.30% 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 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.