Block 189C Rivervale Drive

Executive · Built 2000 · 74 years remaining lease MOP Cleared

Latest Sale

$780,000

Feb 2025 · EXECUTIVE · #04-06

Median $/sqm

$5,015

Based on 16 transactions

Total Transactions

Since Jan 2017

5-Year Trend

Insufficient data

Price Trend

Source: HDB Resale Flat Prices, data.gov.sg. Updated monthly.

What's Your Unit Worth?

Storey Band

Flat Type

HDB records transactions in 3-storey bands (e.g. 01 TO 03). Pick the band closest to your floor.

Estimated Market Value

Future Value Projection

Estimated value in --

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 6 months

Remaining lease

↓ 0.29%/yr

Annual lease decay (Bala's Table)

Based on Bala's Table (SLA leasehold relativity model). At 74 years remaining, decay is gradual (~0.29%/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
Feb 2025	04 TO 06	EXECUTIVE	131 sqm	$780,000	$5,954
Dec 2024	10 TO 12	EXECUTIVE	131 sqm	$750,000	$5,725
Nov 2024	10 TO 12	EXECUTIVE	131 sqm	$755,000	$5,763
Nov 2024	01 TO 03	EXECUTIVE	130 sqm	$770,000	$5,923
Jun 2024	01 TO 03	EXECUTIVE	130 sqm	$715,888	$5,507
Dec 2023	01 TO 03	EXECUTIVE	130 sqm	$648,000	$4,985
Dec 2023	07 TO 09	EXECUTIVE	131 sqm	$690,000	$5,267
Nov 2023	13 TO 15	EXECUTIVE	131 sqm	$755,000	$5,763
Dec 2022	01 TO 03	EXECUTIVE	130 sqm	$655,888	$5,045
Mar 2022	01 TO 03	EXECUTIVE	130 sqm	$635,000	$4,885
Dec 2020	13 TO 15	EXECUTIVE	131 sqm	$540,000	$4,122
Jun 2019	07 TO 09	EXECUTIVE	131 sqm	$525,000	$4,008
Apr 2019	04 TO 06	EXECUTIVE	131 sqm	$480,000	$3,664
Sep 2018	04 TO 06	EXECUTIVE	131 sqm	$510,000	$3,893
Jul 2018	16 TO 18	EXECUTIVE	131 sqm	$530,000	$4,046
Dec 2017	07 TO 09	EXECUTIVE	131 sqm	$502,500	$3,836

Showing 16 of 16 transactions

Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 189C Rivervale Drive

Block 189C 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 $480,000 to $780,000 based on 16 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 04 TO 06 sold for $780,000 in 2025-02. The current median price per square metre is $5,015. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9229, with an annual lease decay rate of approximately 0.29%. 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 189C Rivervale Drive worth?

The most recent resale transaction at Block 189C Rivervale Drive was $780,000 for a executive flat in 2025-02. The median price per square metre across all flat types is $5,015, based on 16 transactions since January 2017. Data sourced from data.gov.sg.

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

Block 189C Rivervale Drive was built in 2000 and has approximately 74 years and 6 months remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.29%, meaning the leasehold value decreases by approximately 0.29% per year at the current remaining lease.

What flat types are available at Block 189C Rivervale Drive?

Block 189C Rivervale Drive in Sengkang contains executive flats. Resale prices range from $480,000 to $780,000 based on historical transaction records from data.gov.sg.