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Block 120B Rivervale Drive

4 Room · 5 Room · Executive · Built 2001 · 73 years remaining lease · Updated Jun 2026 MOP Cleared

Block 120B Rivervale Drive has 23 recorded HDB resale transactions since 2017. Latest sale: $830,000 (Jun 2026, executive, floors 07–09). Median $4,487/sqm. Prices up 24.3% over the past five years. Built 2001, 73 years lease remaining.

Latest Sale
$830,000
Jun 2026 · EXECUTIVE · Floor 07-09
Median $/sqm
$4,487
Based on 23 transactions
Total Transactions
23
Since Jan 2017
5-Year Trend
▲ +24.3%
Median price change
Median Price ?
Top 48%
#295 / 618 Top 48%
Latest Sale ?
Top 10%
#63 / 618 Top 10%
Value ($/sqm) ?
Top 76%
#472 / 618 Top 76%
5-Year Growth ?
Top 98%
#511 / 524 Top 98%
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
--
Future Value Projection
Market Appreciation
+4.4%/yr
vs
Lease Decay
−0.30%/yr
Growth assumption
Based on this block’s +24.3% 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 10 months
Remaining lease
↓ 0.30%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 73 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.
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
Executive $3,500 typically $3,300–$3,700 5% 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

No popular school is within 1 km, but 3sit in the 1–2 km second-priority band.

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.
All Transactions
Date Floor Type Area Price $/sqm
Jun 2026 07 TO 09 EXECUTIVE 142 sqm $830,000 $5,845
Feb 2026 01 TO 03 4 ROOM 101 sqm $540,000 $5,347
Dec 2025 04 TO 06 EXECUTIVE 141 sqm $860,000 $6,099
Oct 2025 10 TO 12 4 ROOM 101 sqm $615,000 $6,089
Apr 2025 07 TO 09 5 ROOM 121 sqm $715,000 $5,909
Dec 2024 13 TO 15 EXECUTIVE 141 sqm $896,966 $6,361
Jul 2023 16 TO 18 5 ROOM 121 sqm $688,000 $5,686
Mar 2023 07 TO 09 4 ROOM 101 sqm $495,000 $4,901
Feb 2023 01 TO 03 4 ROOM 101 sqm $485,000 $4,802
Aug 2022 10 TO 12 4 ROOM 101 sqm $510,000 $5,050
Oct 2021 01 TO 03 5 ROOM 121 sqm $498,000 $4,116
Oct 2021 13 TO 15 EXECUTIVE 142 sqm $758,000 $5,338
Dec 2020 13 TO 15 5 ROOM 121 sqm $542,888 $4,487
Oct 2020 13 TO 15 4 ROOM 101 sqm $388,000 $3,842
Jan 2020 10 TO 12 5 ROOM 121 sqm $480,000 $3,967
Sep 2019 04 TO 06 5 ROOM 121 sqm $395,000 $3,264
Jul 2019 01 TO 03 4 ROOM 101 sqm $355,000 $3,515
Apr 2018 16 TO 18 4 ROOM 101 sqm $420,000 $4,158
Jan 2018 13 TO 15 4 ROOM 101 sqm $355,000 $3,515
Dec 2017 07 TO 09 EXECUTIVE 142 sqm $600,000 $4,225
Showing 20 of 23 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 120B Rivervale Drive

Block 120B at Rivervale Drive is a residential HDB block in Sengkang, Singapore, built in 2001 with approximately 73 years remaining on its 99-year lease. The block contains 4 room, 5 room, executive flats, with resale prices ranging from $355,000 to $896,966 based on 23 recorded transactions since January 2017. The most recent transaction was a executive flat on storeys 07 TO 09 sold for $830,000 in 2026-06. The current median price per square metre is $4,487. Over the past five years, resale prices at this block have increased by approximately 24.3%. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9211, 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 120B Rivervale Drive worth?

The most recent resale transaction at Block 120B Rivervale Drive was $830,000 for a executive flat in 2026-06. The median price per square metre across all flat types is $4,487, based on 23 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 120B Rivervale Drive?

Block 120B Rivervale Drive was built in 2001 and has approximately 73 years and 10 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 120B Rivervale Drive?

Block 120B Rivervale Drive in Sengkang contains 4 room, 5 room, executive flats. Resale prices range from $355,000 to $896,966 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 120B Rivervale Drive gone up or down?

Resale prices at Block 120B Rivervale Drive have increased by approximately 24.3% over the past five years. The current median price is $510,000, with the most recent sale at $830,000 in 2026-06.

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