Riversails
Riversails is a 99-year leasehold condominium located in District 19 (Punggol, Hougang, Serangoon Gardens), part of the Outside Central Region (OCR). Completed in 2017, the development comprises 920 units, on a lease that commenced in 2011. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
RIVERSAILS
Over the 12 months to Jun 2026, Riversails recorded 32 resale transactions at a median $1,482 psf (median price $1,389,999), and 110 rental contracts at a median $3,400/mo, a gross rental yield of 2.9%. Source: URA caveat data, as of Jun 2026.
Riversails's median of $1,482 psf over the trailing 12 months places its pricing below roughly 63% of District 19 condos; resale liquidity has been active with 32 caveats lodged; the 2.9% gross rental yield sits below 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 |
|---|---|---|---|---|---|
| Jun-26 | $1,730,000 | $1,560 psf | 1,109 sqft | 06 to 10 | 3BR |
| Jun-26 | $1,225,000 | $1,441 psf | 850 sqft | 06 to 10 | 2BR |
| Jun-26 | $788,000 | $1,558 psf | 506 sqft | 16 to 20 | 1BR |
| Jun-26 | $1,255,000 | $1,476 psf | 850 sqft | 06 to 10 | 2BR |
| Jun-26 | $1,330,000 | $1,404 psf | 947 sqft | 01 to 05 | 2BR |
| May-26 | $1,650,000 | $1,597 psf | 1,033 sqft | 01 to 05 | 3BR |
| Apr-26 | $1,800,000 | $1,624 psf | 1,109 sqft | 11 to 15 | 3BR |
| Apr-26 | $1,820,000 | $1,642 psf | 1,109 sqft | 16 to 20 | 3BR |
Can I afford Riversails?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,389,999.
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.