We track 94 sales and 23 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the RIVERCOVE RESIDENCES dashboard.
- Average sale price: $1,639,158 across 94 transactions
- Estimated gross rental yield: 3.1%
- District 19 PSF ranking: Above average (top 27%)
- 99 yrs lease commencing from 2016 · OCR · D19 · 628 units
About RIVERCOVE RESIDENCES
RIVERCOVE RESIDENCES is a 99 yrs lease commencing from 2016 condominium, located at ANCHORVALE LANE in District 19 (Punggol, Hougang, Serangoon Gardens) (Outside Central Region), comprising 628 residential units, completed in 2021.
With approximately 89 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 RIVERCOVE RESIDENCES:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 22 | $1,595 psf | $1,441,773 |
| 3 BR | 72 | $1,588 psf | $1,699,470 |
Sales Market Overview
RIVERCOVE RESIDENCES has recorded 94 sale transactions with an average transaction price of $1,639,158, ranging from $1,280,000 to $2,260,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 3 | $1,193 psf | $1,326,667 | — |
| 2022 | 1 | $1,189 psf | $1,280,000 | ↓ 0.3% |
| 2023 | 1 | $1,226 psf | $1,570,000 | ↑ 3.1% |
| 2024 | 2 | $1,290 psf | $1,330,000 | ↑ 5.3% |
| 2025 | 45 | $1,606 psf | $1,651,938 | ↑ 24.4% |
| 2026 | 42 | $1,633 psf | $1,672,705 | ↑ 1.7% |
RIVERCOVE RESIDENCES ranks in the top 27% of condos in District 19 by average PSF.
Compared to the OCR average of $1,550 psf, RIVERCOVE RESIDENCES trades 2.5% above the segment benchmark.
Loading chart data...
Rental Market Overview
RIVERCOVE RESIDENCES has recorded 23 rental transactions with monthly rents averaging $4,167/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 3 BR | 16 | $3,809/mo | $2,700/mo | $4,500/mo |
| 4 BR | 6 | $4,883/mo | $4,000/mo | $5,400/mo |
| 5+ BR | 1 | $5,600/mo | $5,600/mo | $5,600/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 3 | $3,167/mo |
| 2022 | 3 | $3,933/mo |
| 2023 | 4 | $4,788/mo |
| 2024 | 2 | $4,450/mo |
| 2025 | 7 | $4,471/mo |
| 2026 | 4 | $3,800/mo |
Loading chart data...
Investment Analysis
Based on average rents and sale prices, RIVERCOVE RESIDENCES delivers an estimated gross rental yield of 3.1%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 19
Side-by-side comparison against the most actively traded condos in District 19 (Punggol, Hougang, Serangoon Gardens):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| CHUAN PARK | 99 yrs lease commencing from 2024 | 916 | $2,596 psf | 868 |
| THE FLORENCE RESIDENCES | 99 yrs lease commencing from 2018 | 1410 | $1,746 psf | 849 |
| RIVERFRONT RESIDENCES | 99 yrs lease commencing from 2018 | 1451 | $1,590 psf | 629 |
| AFFINITY AT SERANGOON | 99 yrs lease commencing from 2018 | 1012 | $1,699 psf | 597 |
| SERANGOON GARDEN ESTATE | Freehold | — | $1,742 psf | 467 |
Location Map
Map shows RIVERCOVE RESIDENCES (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- RIVERCOVE RESIDENCES
- Layar MRT
- Tongkang MRT
- Kupang MRT
- Farmway MRT
- Fernvale MRT
- Chongfu School
- North Vista Primary School
- North Vista Secondary School
Nearby MRT Stations
RIVERCOVE RESIDENCES is 410m from Layar MRT (Sengkang LRT), with 11 stations within 1.5 km.
Nearby Schools
There are 14 schools within 2 km of RIVERCOVE RESIDENCES, including 5 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Chongfu School | Primary | 90m |
| North Vista Primary School | Primary | 580m |
| North Vista Secondary School | Secondary | 580m |
| Fernvale Primary School | Primary | 680m |
| Anchor Green Primary School | Primary | 870m |
| Sengkang Secondary School | Secondary | 1.1 km |
| Nan Chiau Primary School | Primary | 1.1 km |
| Seng Kang Primary School | Primary | 1.2 km |
| Compassvale Secondary School | Secondary | 1.3 km |
| Sengkang Green Primary School | Primary | 1.3 km |
| Compassvale Primary School | Primary | 1.4 km |
| Greendale Primary School | Primary | 1.5 km |
FAQ
What is the average price for RIVERCOVE RESIDENCES?
What is the rental yield for RIVERCOVE RESIDENCES?
Is RIVERCOVE RESIDENCES 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: 94 transactions analysed
- Rental data: 23 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 RIVERCOVE RESIDENCES
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.