2 RVG is a 99-year leasehold development along RIVER VALLEY GROVE in District 9 (Orchard / River Valley), part of the CCR segment of Singapore's private residential market. The project comprises 60 units and is an established secondary-market project.
This profile draws on 8 recorded transactions from URA to frame the project's character: who actually lives here, who buys here, and where the pricing sits relative to immediate alternatives. For the broader district context, see the Singapore price-heatmap map.
The project is in its mature or late-resale phase, where lease tenure (for leasehold stock), redevelopment optionality, and en-bloc potential all start to weigh more on the investment thesis than current rental yield.
Within District 9 (Orchard / River Valley), the immediate context for 2 RVG is shaped by the broader URA Master Plan zoning for the area, ongoing or planned infrastructure (MRT extensions, expressway changes, school relocations), and the supply pipeline of nearby launches. See the URA Master Plan 2019 for the precinct-specific land-use overlay before underwriting medium-term capital appreciation.
We track 8 sales and 112 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the 2 RVG dashboard.
- Average sale price: $1,930,125 across 8 transactions
- Estimated gross rental yield: 2.8%
- District 9 PSF ranking: Mid-range (top 52%)
- · CCR · D9 · 60 units
About 2 RVG
2 RVG is a condominium, located at RIVER VALLEY GROVE in District 9 (Orchard, Cairnhill, River Valley) (Core Central Region), comprising 60 residential units.
Sales Market Overview
2 RVG has recorded 8 sale transactions with an average transaction price of $1,930,125, ranging from $1,786,000 to $2,110,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 3 | $2,040 psf | $1,867,000 | — |
| 2022 | 1 | $2,053 psf | $1,900,000 | ↑ 0.6% |
| 2024 | 2 | $2,062 psf | $1,875,000 | ↑ 0.4% |
| 2025 | 1 | $2,279 psf | $2,110,000 | ↑ 10.6% |
| 2026 | 1 | $2,247 psf | $2,080,000 | ↓ 1.4% |
2 RVG ranks in the top 52% of condos in District 9 by average PSF.
Compared to the CCR average of $2,447 psf, 2 RVG trades 14.1% below the segment benchmark.
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Rental Market Overview
2 RVG has recorded 112 rental transactions with monthly rents averaging $4,425/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 35 | $3,637/mo | $1,500/mo | $4,500/mo |
| 2 BR | 77 | $4,782/mo | $3,400/mo | $6,450/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 25 | $3,506/mo |
| 2022 | 18 | $4,239/mo |
| 2023 | 24 | $4,821/mo |
| 2024 | 16 | $4,728/mo |
| 2025 | 23 | $4,809/mo |
| 2026 | 6 | $4,942/mo |
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Investment Analysis
Based on average rents and sale prices, 2 RVG delivers an estimated gross rental yield of 2.8%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 9
Side-by-side comparison against the most actively traded condos in District 9 (Orchard, Cairnhill, River Valley):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| IRWELL HILL RESIDENCES | 99 yrs lease commencing from 2020 | 540 | $2,730 psf | 582 |
| RIVER GREEN | 99 yrs lease commencing from 2024 | 524 | $3,138 psf | 491 |
| RIVER MODERN | 99 years leasehold | — | $3,239 psf | 421 |
| THE AVENIR | Freehold | 376 | $3,190 psf | 322 |
| KOPAR AT NEWTON | 99 yrs lease commencing from 2019 | 378 | $2,513 psf | 253 |
Location Map
Map shows 2 RVG (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- 2 RVG
- Great World MRT
- Somerset MRT
- Orchard Boulevard MRT
- Havelock MRT
- Orchard MRT
- Kheng Cheng School
- Fairfield Methodist School (Primary)
- Gan Eng Seng School
Nearby MRT Stations
2 RVG is 110m from Great World MRT (Thomson-East Coast Line), with 11 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Great World | TE15 | Thomson-East Coast Line | 110m |
| Somerset | NS23 | North-South Line | 670m |
| Orchard Boulevard | TE13 | Thomson-East Coast Line | 820m |
| Havelock | TE16 | Thomson-East Coast Line | 840m |
| Orchard | NS22 | North-South Line | 920m |
| Orchard | TE14 | Thomson-East Coast Line | 920m |
| Fort Canning | DT20 | Downtown Line | 1.2 km |
| Dhoby Ghaut | NS24 | North-South Line | 1.3 km |
Nearby Schools
There are 17 schools within 2 km of 2 RVG, including 2 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Kheng Cheng School | Primary | 140m |
| Fairfield Methodist School (Primary) | Primary | 620m |
| Gan Eng Seng School | Secondary | 1.2 km |
| Gan Eng Seng Primary School | Primary | 1.2 km |
| ACS (Junior) | Primary | 1.3 km |
| St. Anthony's Primary School | Primary | 1.4 km |
| Outram Secondary School | Secondary | 1.4 km |
| Chatsworth International School (Orchard) | International | 1.5 km |
| ISS International School (Paterson) | International | 1.7 km |
| ISS International School (Preston) | International | 1.7 km |
| Singapore Management University | Tertiary | 1.7 km |
| River Valley Primary School | Primary | 1.7 km |
Genuine walk-to-MRT access. Great World sits about 0.11km away — true walking distance, not the elastic 800m claim that some listings stretch. For tenants and commuter-owners, this anchors rental demand and supports a steady capital-value floor across cycles.
Boutique character. With 60 units, 2 RVG keeps a low-density character — fewer residents per facility, quieter corridors, more curated common spaces. Suits buyers prioritising unit-interior quality and neighbour proximity over deep facilities breadth.
School-belt proximity. Kheng Cheng School sits about 0.14km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Thin transaction history. With only 8 recorded sales, comparable-sales analysis is fragile — a single outlier transaction can skew the apparent price level by 5-10%. Triangulate with nearby district comparables rather than rely on within-project averages alone.
Cycle-sensitivity. Like all Singapore private residential, the project's capital appreciation and rental yields move with broader macro factors — mortgage rate environment, MAS macroprudential stance (TDSR, ABSD), and the supply-pipeline tempo. Build a 5pp rate buffer into your stress test.
- ⚠️ Young couple, first home: Lease horizon constrains long-hold optionality
- ✅ Family with school-age kids: Nearby schools support MOE registration priority
- ✅ CBD commuter: Walking-distance MRT supports daily commute
- ❌ Rental investor (yield-focused): Thin transaction history makes underwriting fragile
- ⚠️ Foreign professional (expat): MRT plus mid-size facility suite typically meets expat-tenant criteria
- ⚠️ Long-term hold (10+ yr): Plan exit timing around lease-decay thresholds
Composite assessment: 2 RVG benefits from MRT proximity but the lease horizon or district position requires careful exit-timing planning. Active management of the hold matters more than passive accumulation. 8 transactions in URA provide the data foundation for this view.
Suggested holding period for most buyer profiles: 5-8 years with monitored exit windows. Cross-reference per-bedroom net yield against district comparables via the compare-tool, model monthly cash-flow with the mortgage calculator, and confirm your effective BSD+ABSD cost using the stamp-duty calculator before finalising. This profile is informational; not a personal investment recommendation.
FAQ
What is the average price for 2 RVG?
What is the rental yield for 2 RVG?
Is 2 RVG freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA.
- Sales data: 8 transactions analysed
- Rental data: 112 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for 2 RVG
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.
New Sale vs Resale Mix
Of the 1,930 condo transactions recorded in District 9 over the last 12 months, 62% new sale, 37% resale, 1% sub sale. A resale-heavy mix points to an established market trading on fundamentals; a new-sale-heavy mix means developer launches are setting the price benchmarks.
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Price Index Check
The ShiokNest Price Index for District 9 reads 102.6 as of June 2026 — up 1.2% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Upcoming Supply Pipeline
2 active Government Land Sales sites in District 9 could add roughly 640 new units to local supply. Incoming supply of this scale tends to cap short-term price growth in the immediate area but also signals planning confidence in the location.
| Site | Street | Est. units | List | Status |
|---|---|---|---|---|
| Zion Road (Parcel A) | — | ~440 | Confirmed | Awarded |
| Zion Road (Parcel B) | — | ~200 | Confirmed | Awarded |
HDB Alternatives Nearby
Weighing 2 RVG against staying public? These HDB towns sit within walking or short-drive distance:
- Bukit Merah — 4-room average $894,787 (670m away), an upgrader gap of about $1,050,000
- Central Area — 4-room average $1,088,814 (1 km away), an upgrader gap of about $850,000