We track 148 sales and 305 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the RIVERSOUND RESIDENCE dashboard.
- Average sale price: $1,361,561 across 148 transactions
- Estimated gross rental yield: 3.0%
- District 19 PSF ranking: Mid-range (top 64%)
- 99 yrs lease commencing from 2011 · OCR · D19 · 590 units
About RIVERSOUND RESIDENCE
RIVERSOUND RESIDENCE is a 99 yrs lease commencing from 2011 condominium, located at SENGKANG EAST AVENUE in District 19 (Punggol, Hougang, Serangoon Gardens) (Outside Central Region), developed by QINGJIAN REALTY (SENGKANG) PTE LTD, comprising 590 residential units, completed in 2015.
With approximately 84 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 RIVERSOUND RESIDENCE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 10 | $1,432 psf | $678,300 |
| 1 BR | 2 | $1,180 psf | $698,444 |
| 2 BR | 41 | $1,284 psf | $1,116,860 |
| 3 BR | 74 | $1,280 psf | $1,483,027 |
| 4 BR | 12 | $1,175 psf | $1,676,483 |
| 5+ BR | 9 | $883 psf | $1,964,222 |
Sales Market Overview
RIVERSOUND RESIDENCE has recorded 148 sale transactions with an average transaction price of $1,361,561, ranging from $585,000 to $2,650,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 30 | $1,015 psf | $1,220,816 | — |
| 2022 | 19 | $1,168 psf | $1,192,147 | ↑ 15.1% |
| 2023 | 21 | $1,251 psf | $1,314,524 | ↑ 7.1% |
| 2024 | 37 | $1,352 psf | $1,418,290 | ↑ 8.1% |
| 2025 | 36 | $1,388 psf | $1,491,805 | ↑ 2.7% |
| 2026 | 5 | $1,430 psf | $1,689,800 | ↑ 3.0% |
RIVERSOUND RESIDENCE ranks in the top 64% of condos in District 19 by average PSF.
Compared to the OCR average of $1,550 psf, RIVERSOUND RESIDENCE trades 18.9% below the segment benchmark.
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Rental Market Overview
RIVERSOUND RESIDENCE has recorded 305 rental transactions with monthly rents averaging $3,351/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 46 | $2,282/mo | $1,450/mo | $2,900/mo |
| 2 BR | 78 | $2,901/mo | $1,850/mo | $3,900/mo |
| 3 BR | 118 | $3,659/mo | $1,700/mo | $7,000/mo |
| 4 BR | 63 | $4,110/mo | $2,650/mo | $6,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 64 | $2,509/mo |
| 2022 | 51 | $2,913/mo |
| 2023 | 64 | $3,852/mo |
| 2024 | 51 | $3,630/mo |
| 2025 | 61 | $3,776/mo |
| 2026 | 14 | $3,631/mo |
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Investment Analysis
Based on average rents and sale prices, RIVERSOUND RESIDENCE delivers an estimated gross rental yield of 3.0%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
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 RIVERSOUND RESIDENCE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- RIVERSOUND RESIDENCE
- Kangkar MRT
- Ranggung MRT
- Bakau MRT
- Buangkok MRT
- Rumbia MRT
- Rivervale Primary School
- Compassvale Primary School
- Seng Kang Primary School
Nearby MRT Stations
RIVERSOUND RESIDENCE is 280m from Kangkar MRT (Sengkang LRT), with 9 stations within 1.5 km.
Nearby Schools
There are 13 schools within 2 km of RIVERSOUND RESIDENCE, including 1 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Rivervale Primary School | Primary | 690m |
| Compassvale Primary School | Primary | 1.3 km |
| Seng Kang Primary School | Primary | 1.3 km |
| Greendale Secondary School | Secondary | 1.3 km |
| Nan Chiau Primary School | Primary | 1.4 km |
| Greendale Primary School | Primary | 1.4 km |
| Sengkang Secondary School | Secondary | 1.4 km |
| Sengkang Green Primary School | Primary | 1.5 km |
| Anchor Green Primary School | Primary | 1.6 km |
| Compassvale Secondary School | Secondary | 1.6 km |
| Edgefield Primary School | Primary | 1.7 km |
| Punggol Green Primary School | Primary | 1.8 km |
FAQ
What is the average price for RIVERSOUND RESIDENCE?
What is the rental yield for RIVERSOUND RESIDENCE?
Is RIVERSOUND RESIDENCE 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: 148 transactions analysed
- Rental data: 305 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 RIVERSOUND RESIDENCE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.