Block 188B Rivervale Drive

4 Room · 5 Room · Built 2000 · 74 years remaining lease MOP Cleared
Latest Sale
$565,000
Jul 2025 · 4 ROOM · #04-06
Median $/sqm
$3,740
Based on 32 transactions
Total Transactions
32
Since Jan 2017
5-Year Trend
▲ +51.3%
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 74 years remaining 99 years
74 years 2 months
Remaining lease
↓ 0.30%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 74 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
Jul 2025 04 TO 06 4 ROOM 96 sqm $565,000 $5,885
Apr 2025 01 TO 03 5 ROOM 115 sqm $628,000 $5,461
Mar 2025 16 TO 18 5 ROOM 115 sqm $645,000 $5,609
Dec 2024 10 TO 12 4 ROOM 96 sqm $540,000 $5,625
Sep 2024 07 TO 09 5 ROOM 115 sqm $605,000 $5,261
Apr 2024 10 TO 12 5 ROOM 115 sqm $600,000 $5,217
Nov 2023 01 TO 03 5 ROOM 115 sqm $540,000 $4,696
Nov 2023 04 TO 06 5 ROOM 115 sqm $580,000 $5,043
Oct 2023 01 TO 03 4 ROOM 95 sqm $480,000 $5,053
Aug 2023 04 TO 06 5 ROOM 115 sqm $565,000 $4,913
Aug 2022 10 TO 12 4 ROOM 96 sqm $450,000 $4,688
Jul 2022 13 TO 15 4 ROOM 96 sqm $462,000 $4,813
Jun 2022 10 TO 12 4 ROOM 96 sqm $460,000 $4,792
May 2022 16 TO 18 4 ROOM 96 sqm $452,888 $4,718
Jul 2021 07 TO 09 5 ROOM 115 sqm $415,000 $3,609
Jul 2021 10 TO 12 5 ROOM 115 sqm $460,000 $4,000
Feb 2021 10 TO 12 4 ROOM 96 sqm $356,000 $3,708
Dec 2020 10 TO 12 5 ROOM 115 sqm $402,000 $3,496
Oct 2020 04 TO 06 5 ROOM 115 sqm $415,000 $3,609
Dec 2019 04 TO 06 4 ROOM 96 sqm $332,888 $3,468
Showing 20 of 32 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 188B Rivervale Drive

Block 188B at Rivervale Drive is a residential HDB block in Sengkang, Singapore, built in 2000 with approximately 74 years remaining on its 99-year lease. The block contains 4 room, 5 room flats, with resale prices ranging from $321,000 to $645,000 based on 32 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $565,000 in 2025-07. The current median price per square metre is $3,740. Over the past five years, resale prices at this block have increased by approximately 51.3%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9220, 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 188B Rivervale Drive worth?

The most recent resale transaction at Block 188B Rivervale Drive was $565,000 for a 4 room flat in 2025-07. The median price per square metre across all flat types is $3,740, based on 32 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 188B Rivervale Drive?

Block 188B Rivervale Drive was built in 2000 and has approximately 74 years and 2 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 188B Rivervale Drive?

Block 188B Rivervale Drive in Sengkang contains 4 room, 5 room flats. Resale prices range from $321,000 to $645,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 188B Rivervale Drive gone up or down?

Resale prices at Block 188B Rivervale Drive have increased by approximately 51.3% over the past five years. The current median price is $415,000, with the most recent sale at $565,000 in 2025-07.

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