Rivage

D15 (OCR) Freehold

Located in District 15 (Joo Chiat, Amber Road, Katong), Rivage is a freehold condominium in the Rest of Central Region (RCR). The development was completed in 2009 and comprises 17 units. Sale and rental figures on this page are compiled from URA transaction records.

District 15 · Freehold · Completed 2009
~$1,968Avg PSF (12-month)
17Total units
Category Ratings
Facilities
5.5
Unit size & layout
7.5
Value for money
8.5
Neighbourhood
8.5
MRT accessibility
8.5
Lease remaining
10.0

Overview & Key Facts

RIVAGE is a freehold condominium at MARGATE ROAD in District 15 (RCR), developed by AURUM LAND PTE LTD, comprising 17 units, completed in 2009.

Developer
AURUM LAND PTE LTD
Tenure
Freehold
Total units
17
TOP year
2009
District
15 — RCR
Street
MARGATE ROAD

Location & Connectivity

RIVAGE is approximately 480m from Katong Park MRT station, with 4 stations within 1.5 km.

MRT stations near RIVAGE
StationLineDistance
Katong ParkThomson-East Coast Line480m
Tanjong KatongThomson-East Coast Line770m
MountbattenCircle Line980m
DakotaCircle Line980m

Schools & Education

13 schools within 2 km.

Schools near RIVAGE
SchoolTypeDistance
Tanjong Katong Primary SchoolPrimary1.2 km
One World International School (Mountbatten)International1.2 km
Tao Nan SchoolPrimary1.4 km
Haig Girls' SchoolPrimary1.4 km
Geylang Methodist School (Secondary)Secondary1.4 km
Geylang Methodist School (Primary)Primary1.5 km
CHIJ (Katong) PrimaryPrimary1.5 km
Broadrick Secondary SchoolSecondary1.6 km

Unit Mix & Pricing

Unit mix for RIVAGE
TypeSalesAvg PSFAvg Price
3 BR1$1,613 psf$1,910,000
4 BR3$1,801 psf$3,101,700

Market Position

RIVAGE has recorded 4 sales at an average price of $2,803,775.

RIVAGE sits at the 72nd percentile of District 15 condo PSF.
$1,968 psf
Avg PSF (12mo)
$2,803,775
Avg Price
2.3%
Gross Yield
4
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at RIVAGE typically rent harder per dollar of purchase price. The final column shows monthly rent per $100,000 invested, so unit sizes compare on equal capital:

Per-bedroom gross yield at RIVAGE
TypeAvg RentAvg PriceGross YieldRent per $100k
3 BR$4,986/mo$1,910,0003.13%$261/mo
4 BR$6,443/mo$3,101,7002.49%$208/mo

Loading chart data...


Price Appreciation

PSF trend for RIVAGE
YearSalesAvg PSFChange
20221$1,613 psf
20232$1,717 psf↑ 6.5%
20261$1,968 psf↑ 14.6%

Loading chart data...

The latest reading marks the highest point in this series — RIVAGE prices have climbed 22.0% since 2022.

Price Index Check

The ShiokNest Price Index for District 15 reads 110.5 as of June 2026 — down 9.3% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

Loading chart data...


Neighbourhood Comparison

District 15 competitors
CondoTenureAvg PSFSales
GRAND DUNMAN99 yrs lease commencing from 2022$2,536 psf913
EMERALD OF KATONG99 yrs lease commencing from 2023$2,640 psf844
THE CONTINUUMFreehold$2,790 psf783
TEMBUSU GRAND99 yrs lease commencing from 2022$2,467 psf645
AMBER PARKFreehold$2,549 psf397

What Could Work Against You

  • With just 1 sale in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 17-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.

Who This Actually Suits

This is a strong match for mrt-walkable commuters, long-term hold (10+ yr), freehold / generational hold and boutique low-density (<100 units). Located ~483m from Katong Park MRT, this property is a comfortable daily walk for transit commuters.

For cbd walking distance, yield-focused investors and foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.

It is a weaker fit for light renovation budget — other options likely serve them better. Move-in-ready condition typical here — budget ~S$50-80k for refresh-grade renovation.


Verdict

RIVAGE is a freehold development in District 15 (RCR), with 17 units, offering a gross yield of 2.3%.

At ~$1,968 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full RIVAGE dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing RIVAGE against staying public? These HDB towns sit within walking or short-drive distance:

  • Kallang/whampoa — 4-room average $882,887 (500m away), an upgrader gap of about $1,900,000
  • Geylang — 4-room average $761,443 (810m away), an upgrader gap of about $2,050,000
  • Marine Parade — 4-room average $648,065 (1.9 km away), an upgrader gap of about $2,150,000

FAQ

What is the average PSF for RIVAGE?
The 12-month average is approximately $1,968 psf.
Is RIVAGE freehold?
Yes, RIVAGE is a freehold property.
What is the rental yield for RIVAGE?
The estimated gross yield is 2.3%.
Which MRT is nearest to RIVAGE?
The nearest is Katong Park MRT at 480m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 4 transactions
  • Rental data: 18 leases
  • Source: URA

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of June 2026

Latest recorded data point: Jun 2026 · 4 records analysed · Source: URA private-sale caveats