Skip to content

Rio Gardens

Apartment · District 12 (Toa Payoh / Balestier / Serangoon) · Rest of Central Region · Freehold · Updated May 2025 Freehold

Rio Gardens is a freehold apartment development in District 12 (Toa Payoh / Balestier / Serangoon). It has 13 recorded private transactions. Latest sale: $1,360,000 (May 2025, 88 sqm, floors 06-10). Median $1,357/sqft. Prices up 21.4% over the period.

Latest Sale
$1,360,000
May 2025 · 88 sqm
Median Price
$1,357/sqft
$1,520,000 typical unit
Transactions
13
$1,139–$1,565 psf
Price Trend
▲ 21.4%
~5.7% a year

Where Rio Gardens ranks in District 12

All 89 projects ›
Median psf
Top 80%
#71 / 89 Top 80%
Typical unit price
Top 47%
#42 / 89 Top 47%
Most recent sale
Top 72%
#64 / 89 Top 72%
Price growth
Top 30%
#23 / 76 Top 30%

Median psf over time

Estimate a unit at Rio Gardens

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +5.7%/yr
Growth scenario
In 5 years

Freehold development — no lease decay applied. Projection is pure market growth. Past growth does not guarantee future performance. Not financial advice.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,354 4
06-10 $1,357 9

Recent transactions

DateFloorType AreaPricepsf
May 2025 06-10 Resale 88 sqm $1,360,000 $1,436
Sep 2024 06-10 Resale 111 sqm $1,870,000 $1,565
Jul 2024 06-10 Resale 111 sqm $1,800,000 $1,507
Jul 2024 06-10 Resale 107 sqm $1,750,000 $1,519
Mar 2024 01-05 Resale 88 sqm $1,300,000 $1,372
Mar 2024 01-05 Resale 111 sqm $1,610,000 $1,348
Jul 2023 01-05 Resale 111 sqm $1,625,000 $1,360
Jul 2023 06-10 Resale 88 sqm $1,285,000 $1,357
Aug 2022 01-05 Resale 88 sqm $1,265,000 $1,335
May 2022 06-10 Resale 111 sqm $1,520,000 $1,272
Apr 2022 06-10 Resale 88 sqm $1,170,000 $1,235
Feb 2022 06-10 Resale 88 sqm $1,180,000 $1,246
Nov 2021 06-10 Resale 155 sqm $1,900,000 $1,139
Showing 13 of 13 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

Rio Gardens is inside the 1 km Primary 1 priority zone for 3 primary schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
3 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

Private condos and apartments closest to Rio Gardens, with their median resale psf. Useful for comparing what Rio Gardens costs per square foot against nearby developments.

More condos in District 12
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About Rio Gardens

Rio Gardens in District 12 (Toa Payoh / Balestier / Serangoon) is a freehold apartment development in the Rest of Central Region, a tenure that holds value without lease-decay drag. Its $1,357 psf median sits about 9% below the District 12 median, cheaper than about 79% of projects there. It has a relatively light transaction record, with 13 sales between 2021-11 and 2025-05, ranging from $1,170,000 to $1,900,000. The most recent transaction was a 88 sqm unit (floors 06-10) at $1,360,000 in May 2025, and the median is $1,357 psf. Over the data window, prices here are up about 21.4% (about 5.7% a year). All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Rio Gardens cost?

The most recent transaction at Rio Gardens was $1,360,000 for a 88 sqm unit in 2025-05. The median price is $1,357 per square foot across 13 transactions, ranging from $1,170,000 to $1,900,000. Data sourced from URA.

Is Rio Gardens freehold or leasehold?

Rio Gardens is freehold development, so it is not subject to meaningful lease decay.

What is the price per square foot (psf) at Rio Gardens?

The median price at Rio Gardens is $1,357 psf, with transactions ranging from $1,139 to $1,565 psf. This is based on 13 URA-recorded transactions in District 12.

Have prices at Rio Gardens gone up or down?

Prices at Rio Gardens have increased by approximately 21.4% over the data period (around 5.7% a year). The median price is currently $1,357 psf, with the most recent sale at $1,360,000 in 2025-05.