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Block 123C Rivervale Drive

4 Room · 5 Room · Built 1999 · 72 years remaining lease · Last sale Sep 2026·Data as of Oct 2026 MOP Cleared

Block 123C Rivervale Drive has 18 recorded HDB resale transactions since 2017. Latest sale: $608,000 (Sep 2026, 5 room, floors 01–03). Median $4,105/sqm. Prices up 27.7% over the past five years. Built 1999, 72 years lease remaining.

Blk 123C at $449K sits 12% below Sengkang's $508K town median, pricier than 18% of its 618 priced blocks. See all HDB prices in Sengkang →

Latest Sale
$608,000
Sep 2026 · 5 ROOM · Floor 01-03
Median $/sqm
$4,105
Based on 18 transactions
Total Transactions
18
Since Jan 2017
5-Year Trend
▲ +27.7%
Median price change
Median Price ?
Top 83%
#511 / 618 Top 83%
Latest Sale ?
Top 71%
#436 / 618 Top 71%
Value ($/sqm) ?
Top 95%
#587 / 618 Top 95%
5-Year Growth ?
Top 91%
#496 / 543 Top 91%
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
+5%/yr
vs
▼
Lease Decay
−0.32%/yr
Growth assumption
Based on this block’s +27.7% 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 72 years remaining 99 years
72 years
Remaining lease
↓ 0.32%/yr
Annual lease decay (Bala's Table)
Based on Bala's Table (SLA leasehold relativity model). At 72 years remaining, decay is gradual (~0.32%/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 4 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
4 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 123C 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
Sep 2026 01 TO 03 5 ROOM 115 sqm $608,000 $5,287
Jan 2026 10 TO 12 4 ROOM 101 sqm $592,000 $5,861
Jun 2025 07 TO 09 4 ROOM 101 sqm $600,000 $5,941
Jan 2025 10 TO 12 4 ROOM 101 sqm $580,000 $5,743
Oct 2023 07 TO 09 4 ROOM 101 sqm $510,888 $5,058
Sep 2023 01 TO 03 5 ROOM 115 sqm $555,000 $4,826
Dec 2022 16 TO 18 5 ROOM 116 sqm $600,000 $5,172
Nov 2021 13 TO 15 5 ROOM 115 sqm $510,000 $4,435
Oct 2021 13 TO 15 4 ROOM 101 sqm $468,000 $4,634
May 2021 07 TO 09 5 ROOM 115 sqm $430,000 $3,739
Nov 2020 04 TO 06 5 ROOM 116 sqm $385,000 $3,319
Sep 2020 16 TO 18 4 ROOM 102 sqm $385,000 $3,775
Sep 2020 01 TO 03 5 ROOM 115 sqm $418,000 $3,635
Aug 2020 07 TO 09 5 ROOM 115 sqm $418,000 $3,635
Jul 2019 10 TO 12 4 ROOM 102 sqm $370,000 $3,627
Jun 2019 10 TO 12 4 ROOM 101 sqm $372,000 $3,683
Nov 2018 10 TO 12 5 ROOM 115 sqm $416,000 $3,617
Feb 2018 04 TO 06 5 ROOM 116 sqm $418,000 $3,603
Showing 18 of 18 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 123C Rivervale Drive

Resale prices at Block 123C Rivervale Drive in Sengkang have risen sharply, up about 27.7% over the past five years. Its median sits about 12% below the Sengkang median, cheaper than about 82% of the town's blocks. It has a relatively light resale record, with 18 transactions since 2017 across 4 room, 5 room flats priced from $370,000 to $608,000. The most recent transaction was a 5 room flat on storeys 01 TO 03 at $608,000 in Sep 2026, and the median works out to $4,105/sqm. On Bala's Table, the SLA's leasehold valuation model, its relativity ratio works out to 0.9160, equivalent to roughly 0.32% 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 123C Rivervale Drive worth?

The most recent resale transaction at Block 123C Rivervale Drive was $608,000 for a 5 room flat in 2026-09. The median price per square metre across all flat types is $4,105, based on 18 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 123C Rivervale Drive?

Block 123C Rivervale Drive was built in 1999 and has approximately 72 years remaining on its 99-year lease. Under Bala's Table (the SLA leasehold valuation model), the annual lease decay rate is 0.32%, meaning the leasehold value decreases by approximately 0.32% per year at the current remaining lease.

What flat types are available at Block 123C Rivervale Drive?

Block 123C Rivervale Drive in Sengkang contains 4 room, 5 room flats. Resale prices range from $370,000 to $608,000 based on historical transaction records from data.gov.sg.

Have HDB prices at Block 123C Rivervale Drive gone up or down?

Resale prices at Block 123C Rivervale Drive have increased by approximately 27.7% over the past five years. The current median price is $449,000, with the most recent sale at $608,000 in 2026-09.

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