We track 113 sales and 1074 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the RIVER PLACE dashboard.
- Average sale price: $1,869,108 across 113 transactions
- Estimated gross rental yield: 3.2%
- District 3 PSF ranking: Value tier (top 77%)
- 99 yrs lease commencing from 1995 · RCR · D3 · 509 units
About RIVER PLACE
RIVER PLACE is a 99 yrs lease commencing from 1995 condominium, located at HAVELOCK ROAD in District 3 (Tiong Bahru, Queenstown) (Rest of Central Region), developed by QUAY PROPERTIES PTE LTD (FAR EAST ORGANIZATION), comprising 509 residential units, completed in 2000.
With approximately 68 years remaining on its 99-year lease, the property qualifies for full bank financing and CPF usage.
Unit Mix Distribution
Transaction data breakdown by bedroom type at RIVER PLACE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 4 | $1,695 psf | $1,149,694 |
| 2 BR | 45 | $1,641 psf | $1,303,744 |
| 3 BR | 40 | $1,670 psf | $1,909,240 |
| 4 BR | 12 | $1,647 psf | $2,624,813 |
| 5+ BR | 12 | $1,611 psf | $3,339,550 |
Sales Market Overview
RIVER PLACE has recorded 113 sale transactions with an average transaction price of $1,869,108, ranging from $996,888 to $3,880,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 28 | $1,490 psf | $1,828,697 | — |
| 2022 | 23 | $1,570 psf | $1,788,424 | ↑ 5.4% |
| 2023 | 17 | $1,643 psf | $1,950,294 | ↑ 4.7% |
| 2024 | 15 | $1,754 psf | $1,796,433 | ↑ 6.8% |
| 2025 | 22 | $1,830 psf | $2,044,620 | ↑ 4.3% |
| 2026 | 8 | $1,779 psf | $1,723,600 | ↓ 2.8% |
RIVER PLACE ranks in the top 77% of condos in District 3 by average PSF.
Compared to the RCR average of $2,049 psf, RIVER PLACE trades 19.4% below the segment benchmark.
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Rental Market Overview
RIVER PLACE has recorded 1074 rental transactions with monthly rents averaging $5,033/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 548 | $3,807/mo | $2,500/mo | $6,500/mo |
| 2 BR | 250 | $5,195/mo | $2,500/mo | $9,500/mo |
| 3 BR | 216 | $6,874/mo | $4,000/mo | $10,100/mo |
| 4 BR | 60 | $8,926/mo | $6,636/mo | $13,800/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 215 | $4,129/mo |
| 2022 | 243 | $4,852/mo |
| 2023 | 178 | $5,594/mo |
| 2024 | 191 | $5,361/mo |
| 2025 | 198 | $5,381/mo |
| 2026 | 49 | $5,165/mo |
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Investment Analysis
Based on average rents and sale prices, RIVER PLACE delivers an estimated gross rental yield of 3.2%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 3
Side-by-side comparison against the most actively traded condos in District 3 (Tiong Bahru, Queenstown):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| ZYON GRAND | 99 yrs lease commencing from 2024 | 1079 | $3,053 psf | 630 |
| AVENUE SOUTH RESIDENCE | 99 yrs lease commencing from 2018 | 1074 | $2,261 psf | 582 |
| STIRLING RESIDENCES | 99 yrs lease commencing from 2017 | 1259 | $2,278 psf | 463 |
| PENRITH | 99 yrs lease commencing from 2024 | 462 | $2,796 psf | 451 |
| ONE PEARL BANK | 99 yrs lease commencing from 2019 | 774 | $2,569 psf | 428 |
Location Map
Map shows RIVER PLACE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- RIVER PLACE
- Fort Canning MRT
- Clarke Quay MRT
- Chinatown MRT
- Chinatown MRT
- Havelock MRT
- Fairfield Methodist School (Primary)
- Outram Secondary School
- Kheng Cheng School
Nearby MRT Stations
RIVER PLACE is 440m from Fort Canning MRT (Downtown Line), with 21 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Fort Canning | DT20 | Downtown Line | 440m |
| Clarke Quay | NE5 | North-East Line | 600m |
| Chinatown | NE4 | North-East Line | 660m |
| Chinatown | DT19 | Downtown Line | 660m |
| Havelock | TE16 | Thomson-East Coast Line | 870m |
| Great World | TE15 | Thomson-East Coast Line | 1.0 km |
| Outram Park | EW16 | East-West Line | 1.1 km |
| Outram Park | NE3 | North-East Line | 1.1 km |
Nearby Schools
There are 10 schools within 2 km of RIVER PLACE, including 3 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Fairfield Methodist School (Primary) | Primary | 490m |
| Outram Secondary School | Secondary | 890m |
| Kheng Cheng School | Primary | 990m |
| Singapore Management University | Tertiary | 1.2 km |
| School of the Arts | Jc | 1.5 km |
| Cantonment Primary School | Primary | 1.5 km |
| Nanyang Academy of Fine Arts | Tertiary | 1.5 km |
| Gan Eng Seng School | Secondary | 1.7 km |
| Gan Eng Seng Primary School | Primary | 1.7 km |
| ACS (Junior) | Primary | 1.7 km |
FAQ
What is the average price for RIVER PLACE?
What is the rental yield for RIVER PLACE?
Is RIVER PLACE freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 113 transactions analysed
- Rental data: 1074 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 RIVER PLACE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.