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Block 188B Rivervale Drive

4 Room · 5 Room · Built 2000 · 73 years remaining lease · Updated Jul 2026 MOP Cleared

Block 188B Rivervale Drive has 33 recorded HDB resale transactions since 2017. Latest sale: $627,000 (Jul 2026, 5 room, floors 04–06). Median $3,771/sqm. Prices up 47.9% over the past five years. Built 2000, 73 years lease remaining.

Latest Sale
$627,000
Jul 2026 · 5 ROOM · Floor 04-06
Median $/sqm
$3,771
Based on 33 transactions
Total Transactions
33
Since Jan 2017
5-Year Trend
▲ +47.9%
Median price change
Median Price ?
Top 94%
#584 / 618 Top 94%
Latest Sale ?
Top 62%
#386 / 618 Top 62%
Value ($/sqm) ?
Top 100%
#616 / 618 Top 100%
5-Year Growth ?
Top 11%
#57 / 529 Top 11%
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
+8.1%/yr
vs
Lease Decay
−0.31%/yr
Growth assumption
Based on this block’s +47.9% 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 73 years remaining 99 years
73 years 2 months
Remaining lease
↓ 0.31%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 73 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). 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
5-Room $3,300 typically $3,100–$3,500 5.7% Sengkang avg · block too thin
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 7 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
7 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 188B 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
Jul 2026 04 TO 06 5 ROOM 115 sqm $627,000 $5,452
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
Showing 20 of 33 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 188B Rivervale Drive

Block 188B Rivervale Drive is priced at the value end of Sengkang, its $415,000 median lower than about 94% of the town's blocks. It has a regular flow of resale activity, with 33 transactions since 2017 across 4 room, 5 room flats priced from $321,000 to $645,000. The most recent transaction was a 5 room flat on storeys 04 TO 06 at $627,000 in Jul 2026, and the median works out to $3,771/sqm. Over five years, prices here are up about 47.9%. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9193, equivalent to roughly 0.31% 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 188B Rivervale Drive worth?

The most recent resale transaction at Block 188B Rivervale Drive was $627,000 for a 5 room flat in 2026-07. The median price per square metre across all flat types is $3,771, based on 33 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 73 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 0.31%, meaning the leasehold value decreases by approximately 0.31% 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 47.9% over the past five years. The current median price is $415,000, with the most recent sale at $627,000 in 2026-07.

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