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Block 124C Rivervale Drive

4 Room · Built 1999 · 72 years remaining lease · Updated Aug 2025 MOP Cleared

Block 124C Rivervale Drive has 22 recorded HDB resale transactions since 2017. Latest sale: $570,000 (Aug 2025, 4 room, floors 07–09). Median $5,137/sqm. Prices up 52.4% over the past five years. Built 1999, 72 years lease remaining.

Latest Sale
$570,000
Aug 2025 · 4 ROOM · Floor 07-09
Median $/sqm
$5,137
Based on 22 transactions
Total Transactions
22
Since Jan 2017
5-Year Trend
▲ +52.4%
Median price change
Median Price ?
Top 68%
#418 / 618 Top 68%
Latest Sale ?
Top 85%
#525 / 618 Top 85%
Value ($/sqm) ?
Top 39%
#244 / 618 Top 39%
5-Year Growth ?
Top 4%
#21 / 529 Top 4%
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
--
How we estimate this →
Future Value Projection
Market Appreciation
+8.8%/yr
vs
Lease Decay
−0.31%/yr
Growth assumption
Based on this block’s +52.4% growth over 5 years
Estimated value in --
--
Market appreciation --
Lease decay --
Net effect --
Projection uses Bala's Table (SLA leasehold model) for lease decay and your selected growth rate for appreciation. Lease decay is non-linear and accelerates as remaining lease shortens. Past growth does not guarantee future performance. Not financial advice.
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.
Rental & Yield

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 $3,100 typically $3,000–$3,100 6.5% 5 rentals here
Gross yield is annual rent before maintenance, property tax, and vacancy, so net return is lower. Renting out a whole HDB flat requires meeting the 5-year Minimum Occupation Period and HDB approval. Rents are owner-declared to HDB and unverified.
Source: HDB Renting Out of Flats, data.gov.sg (Singapore Open Data Licence).
Primary schools nearby

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.

Compare homes near all 50 popular schools
Distances are straight-line estimates from this block, indicative only. MOE measures from its own school reference point, so confirm the exact distance before relying on it.
Where this home sits, and its schools
6 schools in the 1 km top-priority zone
  • 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.

Nearby comparable homes

Other HDB blocks closest to Block 124C Rivervale Drive in Sengkang, with their median resale price. Useful for comparing what a flat here costs against its immediate neighbours.

See all HDB blocks in Sengkang
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.
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 Rivervale Drive in Sengkang has been a strong performer, with resale prices up roughly 52.4% over five years. Its $472,500 median tracks close to the Sengkang town median. It has a regular flow of resale activity, with 22 transactions since 2017 across 4 room flats priced from $315,000 to $570,000. The most recent transaction was a 4 room flat on storeys 07 TO 09 at $570,000 in Aug 2025, and the median works out to $5,137/sqm. Under Bala's Table (the SLA leasehold valuation model), its leasehold relativity ratio is 0.9186, an annual lease decay of about 0.31%. All transaction data is sourced from data.gov.sg and 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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