Rivershire

D9 (CCR) Freehold

Located in District 9 (Orchard, Cairnhill, River Valley), Rivershire is a freehold condominium in the Core Central Region (CCR). The development was completed in 1991 and comprises 74 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.

District 9 · Freehold · Completed 1991
~$2,268Avg PSF (12-month)
74Total units
Category Ratings
Facilities
6.5
Unit size & layout
7.5
Value for money
7.5
Neighbourhood
8.5
MRT accessibility
9.5
Lease remaining
10.0

Overview & Key Facts

RIVERSHIRE is a freehold condominium at LEONIE HILL in District 9 (CCR), developed by HONG LEONG HOLDINGS, comprising 74 units, completed in 1991.

Developer
HONG LEONG HOLDINGS
Tenure
Freehold
Total units
74
TOP year
1991
District
9 — CCR
Street
LEONIE HILL

Location & Connectivity

RIVERSHIRE is approximately 170m from Great World MRT station, with 11 stations within 1.5 km.

MRT stations near RIVERSHIRE
StationLineDistance
Great WorldThomson-East Coast Line170m
Orchard BoulevardThomson-East Coast Line720m
SomersetNorth-South Line770m
OrchardNorth-South Line860m
OrchardThomson-East Coast Line860m
HavelockThomson-East Coast Line870m

Schools & Education

19 schools within 2 km (2 within 1 km priority zone).

Schools near RIVERSHIRE
SchoolTypeDistance
Kheng Cheng SchoolPrimary230m
Fairfield Methodist School (Primary)Primary780m
Gan Eng Seng SchoolSecondary1.1 km
Gan Eng Seng Primary SchoolPrimary1.1 km
NPS International SchoolInternational1.2 km
EtonHouse International School OrchardInternational1.3 km
Chatsworth International School (Orchard)International1.3 km
St. Anthony's Primary SchoolPrimary1.3 km

Unit Mix & Pricing

Unit mix for RIVERSHIRE
TypeSalesAvg PSFAvg Price
3 BR3$2,366 psf$2,903,333
4 BR1$2,034 psf$3,438,000
5+ BR1$2,069 psf$4,320,000

Market Position

RIVERSHIRE has recorded 5 sales at an average price of $3,293,600.

RIVERSHIRE sits at the 58th percentile of District 9 condo PSF.
$2,268 psf
Avg PSF (12mo)
$3,293,600
Avg Price
2.2%
Gross Yield
5
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at RIVERSHIRE 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 RIVERSHIRE
TypeAvg RentAvg PriceGross YieldRent per $100k
3 BR$5,626/mo$2,903,3332.33%$194/mo
4 BR$7,182/mo$3,438,0002.51%$209/mo

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Price Appreciation

PSF trend for RIVERSHIRE
YearSalesAvg PSFChange
20231$2,363 psf
20241$2,034 psf↓ 13.9%
20252$2,249 psf↑ 10.5%
20261$2,306 psf↑ 2.6%

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From the 2023 high, RIVERSHIRE prices have given back 2.4% — still 2.4% below the 2023 baseline. The most recent period recovered 2.6%, so the pullback may be finding a floor.

Price Index Check

The ShiokNest Price Index for District 9 reads 102.3 as of June 2026 — up 0.9% 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.

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Neighbourhood Comparison

District 9 competitors
CondoTenureAvg PSFSales
IRWELL HILL RESIDENCES99 yrs lease commencing from 2020$2,731 psf585
RIVER GREEN99 yrs lease commencing from 2024$3,139 psf494
RIVER MODERN99 years leasehold$3,243 psf427
THE AVENIRFreehold$3,191 psf323
KOPAR AT NEWTON99 yrs lease commencing from 2019$2,512 psf256

What Could Work Against You

  • With just 2 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 74-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
  • At 35+ years of age, upkeep costs trend upward and renovation budgets matter; some owners here are effectively holding an en-bloc option.

Who This Actually Suits

Buyers most likely to be happy here: mrt-walkable commuters, p1 school balloting families, long-term hold (10+ yr) and en-bloc speculators. MRT proximity is the standout commute feature for daily transit users.

empty nesters / downsizers, foreign / absd-aware buyers and boutique low-density (<100 units) should treat this as a shortlist candidate, not a default choice.

yield-focused investors and resort facilities should probably look elsewhere. CCR (Core Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

RIVERSHIRE is a freehold development in District 9 (CCR), with 74 units, offering a gross yield of 2.2%.

At ~$2,268 psf, it reflects its premium CCR positioning.

Explore the full RIVERSHIRE dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Bukit Merah — 4-room average $894,787 (670m away), an upgrader gap of about $2,400,000
  • Central Area — 4-room average $1,088,814 (1.1 km away), an upgrader gap of about $2,200,000

FAQ

What is the average PSF for RIVERSHIRE?
The 12-month average is approximately $2,268 psf.
Is RIVERSHIRE freehold?
Yes, RIVERSHIRE is a freehold property.
What is the rental yield for RIVERSHIRE?
The estimated gross yield is 2.2%.
Which MRT is nearest to RIVERSHIRE?
The nearest is Great World MRT at 170m.

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: 5 transactions
  • Rental data: 119 leases
  • Source: URA

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

Data as of April 2026

Latest recorded data point: Apr 2026 · 5 records analysed · Source: URA private-sale caveats