Riverbay
Riverbay is a 999-year leasehold condominium in District 12 (Toa Payoh, Serangoon, Balestier), within Singapore's Rest of Central Region (RCR). The development was completed in 2015 and comprises 147 units, on a lease that commenced in 1882. Sale and rental figures on this page are compiled from URA transaction records.
RIVERBAY
Over the 12 months to Jul 2026, Riverbay recorded 16 resale transactions at a median $1,610 psf (median price $1,040,000), and 33 rental contracts at a median $2,800/mo, a gross rental yield of 3.2%. Source: URA caveat data, as of Jul 2026.
Riverbay's median of $1,610 psf over the trailing 12 months places its pricing above roughly 64% of District 12 condos; resale liquidity has been moderate with 16 caveats lodged; the 3.2% gross rental yield sits above the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jul-26 | $1,050,000 | $1,599 psf | 657 sqft | 21 to 25 | 1BR |
| Jun-26 | $780,000 | $1,510 psf | 517 sqft | 16 to 20 | 1BR |
| Jun-26 | $1,530,000 | $1,615 psf | 947 sqft | 06 to 10 | 2BR |
| May-26 | $660,000 | $1,703 psf | 388 sqft | 21 to 25 | Studio |
| Apr-26 | $1,520,000 | $1,605 psf | 947 sqft | 11 to 15 | 2BR |
| Apr-26 | $640,000 | $1,652 psf | 388 sqft | 16 to 20 | Studio |
| Mar-26 | $650,000 | $1,677 psf | 388 sqft | 16 to 20 | Studio |
| Mar-26 | $1,010,000 | $1,564 psf | 646 sqft | 21 to 25 | 1BR |
Can I afford Riverbay?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,040,000.
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.