Rio Gardens
Rio Gardens is a freehold condominium located in District 12 (Toa Payoh, Serangoon, Balestier), part of the Rest of Central Region (RCR). The development was completed in 2006 and comprises 54 units. Sale and rental figures on this page are compiled from URA transaction records.
RIO GARDENS
Over the 12 months to May 2025, Rio Gardens recorded 10 rental contracts at a median $3,650/mo. Source: URA caveat data, as of May 2025.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| May-25 | $1,360,000 | $1,436 psf | 947 sqft | 06 to 10 | 2BR |
| Sep-24 | $1,870,000 | $1,565 psf | 1,195 sqft | 06 to 10 | 3BR |
| Jul-24 | $1,750,000 | $1,519 psf | 1,152 sqft | 06 to 10 | 3BR |
| Jul-24 | $1,800,000 | $1,507 psf | 1,195 sqft | 06 to 10 | 3BR |
| Mar-24 | $1,610,000 | $1,348 psf | 1,195 sqft | 01 to 05 | 3BR |
| Mar-24 | $1,300,000 | $1,372 psf | 947 sqft | 01 to 05 | 2BR |
| Jul-23 | $1,285,000 | $1,357 psf | 947 sqft | 06 to 10 | 2BR |
| Jul-23 | $1,625,000 | $1,360 psf | 1,195 sqft | 01 to 05 | 3BR |
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.