Block 189B Rivervale Drive

Executive · Built 2000 · 74 years remaining lease MOP Cleared
Latest Sale
$820,000
Jul 2025 · EXECUTIVE · #13-15
Median $/sqm
$4,938
Based on 26 transactions
Total Transactions
26
Since Jan 2017
5-Year Trend
▲ +42.6%
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 1 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 13 TO 15 EXECUTIVE 131 sqm $820,000 $6,260
Jun 2025 16 TO 18 EXECUTIVE 131 sqm $840,000 $6,412
Feb 2025 13 TO 15 EXECUTIVE 131 sqm $850,000 $6,489
Oct 2024 13 TO 15 EXECUTIVE 131 sqm $795,000 $6,069
Sep 2024 10 TO 12 EXECUTIVE 131 sqm $758,000 $5,786
Sep 2024 10 TO 12 EXECUTIVE 131 sqm $765,000 $5,840
Sep 2024 16 TO 18 EXECUTIVE 131 sqm $780,888 $5,961
Apr 2024 04 TO 06 EXECUTIVE 131 sqm $718,000 $5,481
Dec 2023 07 TO 09 EXECUTIVE 131 sqm $670,000 $5,115
Oct 2023 16 TO 18 EXECUTIVE 131 sqm $718,000 $5,481
Jul 2023 04 TO 06 EXECUTIVE 131 sqm $655,000 $5,000
May 2023 07 TO 09 EXECUTIVE 131 sqm $660,000 $5,038
Jul 2022 13 TO 15 EXECUTIVE 131 sqm $635,000 $4,847
Jun 2022 04 TO 06 EXECUTIVE 131 sqm $675,000 $5,153
Mar 2022 10 TO 12 EXECUTIVE 131 sqm $610,108 $4,657
Oct 2021 07 TO 09 EXECUTIVE 131 sqm $638,800 $4,876
Jul 2021 16 TO 18 EXECUTIVE 131 sqm $580,000 $4,427
Apr 2021 10 TO 12 EXECUTIVE 131 sqm $570,000 $4,351
Apr 2021 13 TO 15 EXECUTIVE 131 sqm $598,000 $4,565
Mar 2020 07 TO 09 EXECUTIVE 131 sqm $515,000 $3,931
Showing 20 of 26 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 189B Rivervale Drive

Block 189B 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 executive flats, with resale prices ranging from $488,000 to $850,000 based on 26 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 13 TO 15 sold for $820,000 in 2025-07. The current median price per square metre is $4,938. Over the past five years, resale prices at this block have increased by approximately 42.6%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9218, 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 189B Rivervale Drive worth?

The most recent resale transaction at Block 189B Rivervale Drive was $820,000 for a executive flat in 2025-07. The median price per square metre across all flat types is $4,938, based on 26 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 189B Rivervale Drive?

Block 189B Rivervale Drive was built in 2000 and has approximately 74 years and 1 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 189B Rivervale Drive?

Block 189B Rivervale Drive in Sengkang contains executive flats. Resale prices range from $488,000 to $850,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 189B Rivervale Drive gone up or down?

Resale prices at Block 189B Rivervale Drive have increased by approximately 42.6% over the past five years. The current median price is $646,900, with the most recent sale at $820,000 in 2025-07.

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