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The Rivervale

Executive Condo · District 19 (Serangoon Gardens / Hougang / Punggol) · Outside Central Region · 99-year lease (70 yrs left) · Updated May 2026

The Rivervale is a 99-year lease (70 yrs left) executive condo development in District 19 (Serangoon Gardens / Hougang / Punggol). It has 92 recorded private transactions. Latest sale: $1,450,000 (May 2026, 117 sqm, floors 11-15). Median $1,042/sqft. Prices up 39.6% over the period. 70 years lease remaining.

Latest Sale
$1,450,000
May 2026 · 117 sqm
Median Price
$1,042/sqft
$1,347,500 typical unit
Transactions
92
$699–$1,200 psf
Price Trend
▲ 39.6%
~7.1% a year

Where The Rivervale ranks in District 19

All 148 projects ›
Median psf
#141 / 148
Typical unit price
#85 / 148
Most recent sale
#88 / 148
Price growth
#19 / 126

Median psf over time

Estimate a unit at The Rivervale

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

Estimated value
Project forward
Market growth +7.1%/yr
Lease decay −0.35%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

70 yrs
Remaining lease
0.35%
Annual decay (Bala's Table)
1997
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.35% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $975 28
06-10 $1,059 34
11-15 $1,067 29
16-20 $1,188 1

Recent transactions

DateFloorType AreaPricepsf
May 2026 11-15 Resale 117 sqm $1,450,000 $1,151
Mar 2026 06-10 Resale 122 sqm $1,535,000 $1,169
Dec 2025 11-15 Resale 121 sqm $1,550,000 $1,190
Nov 2025 01-05 Resale 121 sqm $1,465,000 $1,125
Nov 2025 11-15 Resale 250 sqm $2,300,000 $855
Oct 2025 01-05 Resale 121 sqm $1,450,000 $1,113
Oct 2025 11-15 Resale 120 sqm $1,435,000 $1,111
Oct 2025 01-05 Resale 121 sqm $1,461,000 $1,122
Oct 2025 01-05 Resale 122 sqm $1,420,000 $1,081
Oct 2025 06-10 Resale 122 sqm $1,520,000 $1,157
Sep 2025 01-05 Resale 127 sqm $1,450,000 $1,061
Sep 2025 11-15 Resale 117 sqm $1,460,000 $1,159
Sep 2025 11-15 Resale 117 sqm $1,440,000 $1,143
Aug 2025 06-10 Resale 122 sqm $1,560,000 $1,188
Aug 2025 01-05 Resale 117 sqm $1,330,000 $1,056
Aug 2025 06-10 Resale 122 sqm $1,460,000 $1,112
Aug 2025 06-10 Resale 122 sqm $1,480,000 $1,127
Aug 2025 01-05 Resale 120 sqm $1,550,000 $1,200
Jun 2025 06-10 Resale 117 sqm $1,450,000 $1,151
May 2025 11-15 Resale 117 sqm $1,450,000 $1,151
Mar 2025 06-10 Resale 117 sqm $1,450,000 $1,151
Feb 2025 06-10 Resale 120 sqm $1,510,000 $1,169
Jan 2025 11-15 Resale 125 sqm $1,540,000 $1,145
Jan 2025 06-10 Resale 117 sqm $1,345,000 $1,068
Jan 2025 06-10 Resale 117 sqm $1,350,000 $1,072
Showing 25 of 92 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.

About The Rivervale

The Rivervale is a 99-year leasehold development with its lease commencing in 1997 and about 70 years remaining in District 19 (Serangoon Gardens / Hougang / Punggol), within the Outside Central Region of Singapore. It sees regular transaction activity, with 92 recorded executive condominium transactions between 2021-07 and 2026-05, ranging from $910,000 to $2,300,000. The most recent transaction was a 117 sqm unit (floors 11-15) sold for $1,450,000 in 2026-05, and the median price is $1,042 per square foot. Prices here have risen sharply, by about 39.6% over the period (around 7.1% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 70 years remaining is 0.9100, an annual lease decay of about 0.35%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at The Rivervale cost?

The most recent transaction at The Rivervale was $1,450,000 for a 117 sqm unit in 2026-05. The median price is $1,042 per square foot across 92 transactions, ranging from $910,000 to $2,300,000. Data sourced from URA.

Is The Rivervale freehold or leasehold?

The Rivervale is on a 99-year lease commencing in 1997, with approximately 70 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.35%.

What is the price per square foot (psf) at The Rivervale?

The median price at The Rivervale is $1,042 psf, with transactions ranging from $699 to $1,200 psf. This is based on 92 URA-recorded transactions in District 19.

Have prices at The Rivervale gone up or down?

Prices at The Rivervale have increased by approximately 39.6% over the data period (around 7.1% a year). The median price is currently $1,042 psf, with the most recent sale at $1,450,000 in 2026-05.