Block 124C Rivervale Drive

4 Room · Built 1999 · 72 years remaining lease MOP Cleared
Latest Sale
$570,000
Aug 2025 · 4 ROOM · #07-09
Median $/sqm
$5,137
Based on 22 transactions
Total Transactions
22
Since Jan 2017
5-Year Trend
▲ +52.4%
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 11 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
Aug 2025 07 TO 09 4 ROOM 90 sqm $570,000 $6,333
Jun 2025 01 TO 03 4 ROOM 91 sqm $558,000 $6,132
Jun 2024 04 TO 06 4 ROOM 91 sqm $510,000 $5,604
May 2024 13 TO 15 4 ROOM 94 sqm $540,000 $5,745
Feb 2024 01 TO 03 4 ROOM 90 sqm $484,000 $5,378
Oct 2023 13 TO 15 4 ROOM 91 sqm $490,000 $5,385
Oct 2023 13 TO 15 4 ROOM 92 sqm $490,000 $5,326
Sep 2023 10 TO 12 4 ROOM 90 sqm $490,000 $5,444
Jul 2023 01 TO 03 4 ROOM 90 sqm $480,000 $5,333
Jul 2023 01 TO 03 4 ROOM 94 sqm $480,000 $5,106
Jan 2023 04 TO 06 4 ROOM 94 sqm $460,000 $4,894
Dec 2022 10 TO 12 4 ROOM 91 sqm $490,000 $5,385
Nov 2022 01 TO 03 4 ROOM 90 sqm $450,000 $5,000
Oct 2022 10 TO 12 4 ROOM 90 sqm $465,000 $5,167
Apr 2021 07 TO 09 4 ROOM 90 sqm $385,000 $4,278
Jan 2021 01 TO 03 4 ROOM 92 sqm $355,000 $3,859
Nov 2020 13 TO 15 4 ROOM 90 sqm $372,100 $4,134
Apr 2020 16 TO 18 4 ROOM 90 sqm $370,000 $4,111
Jan 2019 04 TO 06 4 ROOM 91 sqm $320,000 $3,516
Dec 2018 07 TO 09 4 ROOM 90 sqm $320,000 $3,556
Showing 20 of 22 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 124C Rivervale Drive

Block 124C 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 flats, with resale prices ranging from $315,000 to $570,000 based on 22 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 07 TO 09 sold for $570,000 in 2025-08. The current median price per square metre is $5,137. Over the past five years, resale prices at this block have increased by approximately 52.4%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9186, 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 124C Rivervale Drive worth?

The most recent resale transaction at Block 124C Rivervale Drive was $570,000 for a 4 room flat in 2025-08. The median price per square metre across all flat types is $5,137, based on 22 transactions since January 2017. Data sourced from data.gov.sg.

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

Block 124C Rivervale Drive was built in 1999 and has approximately 72 years and 11 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 124C Rivervale Drive?

Block 124C Rivervale Drive in Sengkang contains 4 room flats. Resale prices range from $315,000 to $570,000 based on historical transaction records from data.gov.sg.

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

Resale prices at Block 124C Rivervale Drive have increased by approximately 52.4% over the past five years. The current median price is $472,500, with the most recent sale at $570,000 in 2025-08.

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