We track 5 sales and 222 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the RIVERSIDE 48 dashboard.
- Average sale price: $1,653,000 across 5 transactions
- Estimated gross rental yield: 2.9%
- District 9 PSF ranking: Mid-range (top 71%)
- Freehold tenure · CCR · D9 · 70 units
About RIVERSIDE 48
RIVERSIDE 48 is a freehold condominium, located at ROBERTSON QUAY in District 9 (Orchard, Cairnhill, River Valley) (Core Central Region), comprising 70 residential units, completed in 2001.
As a freehold property, RIVERSIDE 48 does not face lease decay concerns.
Sales Market Overview
RIVERSIDE 48 has recorded 5 sale transactions with an average transaction price of $1,653,000, ranging from $1,400,000 to $1,850,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 2 | $1,886 psf | $1,635,000 | — |
| 2024 | 2 | $1,994 psf | $1,625,000 | ↑ 5.7% |
| 2025 | 1 | $2,105 psf | $1,745,000 | ↑ 5.6% |
RIVERSIDE 48 ranks in the top 71% of condos in District 9 by average PSF.
Compared to the CCR average of $2,447 psf, RIVERSIDE 48 trades 19.4% below the segment benchmark.
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Rental Market Overview
RIVERSIDE 48 has recorded 222 rental transactions with monthly rents averaging $3,939/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 222 | $3,939/mo | $2,750/mo | $5,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 47 | $3,089/mo |
| 2022 | 41 | $3,706/mo |
| 2023 | 44 | $4,607/mo |
| 2024 | 36 | $4,161/mo |
| 2025 | 44 | $4,094/mo |
| 2026 | 10 | $4,470/mo |
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Investment Analysis
Based on average rents and sale prices, RIVERSIDE 48 delivers an estimated gross rental yield of 2.9%. 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 RIVERSIDE 48 (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- RIVERSIDE 48
- Fort Canning MRT
- Havelock MRT
- Clarke Quay MRT
- Great World MRT
- Chinatown MRT
- Fairfield Methodist School (Primary)
- Kheng Cheng School
- Outram Secondary School
Nearby MRT Stations
RIVERSIDE 48 is 510m from Fort Canning MRT (Downtown Line), with 19 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Fort Canning | DT20 | Downtown Line | 510m |
| Havelock | TE16 | Thomson-East Coast Line | 730m |
| Clarke Quay | NE5 | North-East Line | 800m |
| Great World | TE15 | Thomson-East Coast Line | 820m |
| Chinatown | NE4 | North-East Line | 880m |
| Chinatown | DT19 | Downtown Line | 880m |
| Dhoby Ghaut | NS24 | North-South Line | 1.1 km |
| Dhoby Ghaut | NE6 | North-East Line | 1.1 km |
Nearby Schools
There are 10 schools within 2 km of RIVERSIDE 48, including 3 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Fairfield Methodist School (Primary) | Primary | 300m |
| Kheng Cheng School | Primary | 770m |
| Outram Secondary School | Secondary | 910m |
| Singapore Management University | Tertiary | 1.3 km |
| Gan Eng Seng School | Secondary | 1.5 km |
| Gan Eng Seng Primary School | Primary | 1.5 km |
| School of the Arts | Jc | 1.6 km |
| ACS (Junior) | Primary | 1.6 km |
| Cantonment Primary School | Primary | 1.6 km |
| Nanyang Academy of Fine Arts | Tertiary | 1.6 km |
FAQ
What is the average price for RIVERSIDE 48?
What is the rental yield for RIVERSIDE 48?
Is RIVERSIDE 48 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: 5 transactions analysed
- Rental data: 222 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 RIVERSIDE 48
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.