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Block 187B Rivervale Drive

4 Room · 5 Room · Built 2000 · 74 years remaining lease MOP Cleared
Latest Sale
$572,000
Jul 2025 · 4 ROOM · Floor 04-06
Median $/sqm
$3,818
Based on 21 transactions
Total Transactions
21
Since Jan 2017
5-Year Trend
--
Insufficient data
Median Price ?
Top 95%
#589 / 618 Top 95%
Latest Sale ?
Top 86%
#529 / 618 Top 86%
Value ($/sqm) ?
Top 99%
#612 / 618 Top 99%
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
+3%/yr
vs
Lease Decay
−0.29%/yr
Growth assumption
Using default rate (insufficient transaction history for this block)
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 74 years remaining 99 years
74 years 5 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
Jul 2025 04 TO 06 4 ROOM 91 sqm $572,000 $6,286
Oct 2024 13 TO 15 5 ROOM 110 sqm $630,000 $5,727
Sep 2024 10 TO 12 5 ROOM 110 sqm $622,000 $5,655
Feb 2024 07 TO 09 5 ROOM 110 sqm $578,000 $5,255
Jan 2024 07 TO 09 5 ROOM 110 sqm $560,000 $5,091
Jul 2023 10 TO 12 4 ROOM 91 sqm $490,000 $5,385
Oct 2022 13 TO 15 5 ROOM 110 sqm $530,000 $4,818
Jul 2022 04 TO 06 5 ROOM 110 sqm $485,000 $4,409
Jul 2021 07 TO 09 5 ROOM 110 sqm $450,000 $4,091
Apr 2021 10 TO 12 5 ROOM 110 sqm $420,000 $3,818
Oct 2020 16 TO 18 5 ROOM 110 sqm $410,000 $3,727
Oct 2020 10 TO 12 5 ROOM 110 sqm $402,000 $3,655
Aug 2020 10 TO 12 5 ROOM 110 sqm $399,000 $3,627
May 2020 10 TO 12 5 ROOM 110 sqm $385,000 $3,500
Oct 2019 07 TO 09 5 ROOM 110 sqm $390,000 $3,545
Jul 2019 13 TO 15 4 ROOM 91 sqm $348,000 $3,824
May 2019 16 TO 18 5 ROOM 110 sqm $375,000 $3,409
Jun 2018 07 TO 09 5 ROOM 110 sqm $403,000 $3,664
Mar 2018 04 TO 06 4 ROOM 91 sqm $330,000 $3,626
Feb 2018 16 TO 18 5 ROOM 110 sqm $375,888 $3,417
Showing 20 of 21 transactions
Source: HDB Resale Flat Prices, data.gov.sg (Singapore Open Data Licence).

About Block 187B Rivervale Drive

Block 187B 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 4 room, 5 room flats, with resale prices ranging from $330,000 to $630,000 based on 21 recorded transactions since January 2017. The most recent transaction was a 4 room flat on storeys 04 TO 06 sold for $572,000 in 2025-07. The current median price per square metre is $3,818. Under Bala's Table (the Singapore Land Authority's official leasehold valuation model), the block's leasehold relativity ratio is 0.9227, 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 187B Rivervale Drive worth?

The most recent resale transaction at Block 187B Rivervale Drive was $572,000 for a 4 room flat in 2025-07. The median price per square metre across all flat types is $3,818, based on 21 transactions since January 2017. Data sourced from data.gov.sg.

What is the remaining lease for Block 187B Rivervale Drive?

Block 187B Rivervale Drive was built in 2000 and has approximately 74 years and 5 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 187B Rivervale Drive?

Block 187B Rivervale Drive in Sengkang contains 4 room, 5 room flats. Resale prices range from $330,000 to $630,000 based on historical transaction records from data.gov.sg.

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