Blk 123C Rivervale Drive — HDB resale prices
HDB resale prices, Sengkang · 4-Room, 5-Room · built 1998
median resale price, last 24 months
4 sales in that window · as of Sep 2026
How it compares
Blk 123C Rivervale Drive is an HDB block in Sengkang (completed in 1998, 17 storeys, 78 units). As of Sep 2026, its median resale price over the last 24 months is $596,000, about 9% below the Sengkang median, from 4 sales. 51 resale transactions have been recorded here since 1990.
Price by year
At a glance
Unit mix (sold): 4-room ×26 · 5-room ×52
Prices by flat type — last 24 months (as of Sep 2026)
Median monthly rent at this block: $3,300/mo (2 rental contracts, last 12 months).
Estimated gross rental yield: ~6.6% (Sengkang average: ~5.8%) — annual median rent over median resale price, before taxes, fees and vacancy.
On price per square metre, this block is cheaper than 87% of Sengkang blocks with recent sales.
What the price model says
For a typical 4-room flat here, our price model estimates $565,978–$632,748 (central estimate $599,363). Recent sales — median $586,000 — sit within that range. The model explains 94% of resale prices with a typical error of ±6%. Indicative only — not an official valuation.
Median resale price by year
| Year | Median (nominal) | Median (today's $) | Sales |
|---|---|---|---|
| 2003 | $236,000 | $368,333 | 4 |
| 2004 | $246,000 | $377,626 | 5 |
| 2005 | $251,000 | $383,487 | 2 |
| 2006 | $241,000 | $364,686 | 3 |
| 2007 | $265,000 | $392,717 | 1 |
| 2008 | $362,888 | $504,318 | 1 |
| 2009 | $332,500 | $459,385 | 6 |
| 2010 | $420,000 | $564,312 | 3 |
| 2012 | $490,000 | $598,114 | 3 |
| 2013 | $445,000 | $530,642 | 1 |
| 2014 | $448,000 | $528,751 | 1 |
| 2015 | $381,500 | $452,631 | 2 |
| 2016 | $395,000 | $471,141 | 1 |
| 2018 | $417,000 | $492,371 | 2 |
| 2019 | $371,000 | $435,585 | 2 |
| 2020 | $401,500 | $472,207 | 4 |
| 2021 | $468,000 | $537,959 | 3 |
| 2022 | $600,000 | $649,848 | 1 |
| 2023 | $532,944 | $550,608 | 2 |
| 2025 | $590,000 | $590,000 | 2 |
| 2026 | $600,000 | $600,000 | 2 |
Records
| Record sale | $608,000 (5-Room, 2026-09) |
|---|---|
| First recorded sale | $230,000 (2003-08) |
| Busiest year | 2009 · 6 sales |
| 10-year change (real) | +27% (+2.4%/yr, 2016→2026) |
| Total transacted | $19.5M across 51 sales |
Recent resale transactions
| Month | Flat type | Storey | Area | Price |
|---|---|---|---|---|
| 2026-09 | 5-Room | 01–03 | 115 m² | $608,000 |
| 2026-01 | 4-Room | 10–12 | 101 m² | $592,000 |
| 2025-06 | 4-Room | 07–09 | 101 m² | $600,000 |
| 2025-01 | 4-Room | 10–12 | 101 m² | $580,000 |
| 2023-10 | 4-Room | 07–09 | 101 m² | $510,888 |
| 2023-09 | 5-Room | 01–03 | 115 m² | $555,000 |
| 2022-12 | 5-Room | 16–18 | 116 m² | $600,000 |
| 2021-11 | 5-Room | 13–15 | 115 m² | $510,000 |
| 2021-10 | 4-Room | 13–15 | 101 m² | $468,000 |
| 2021-05 | 5-Room | 07–09 | 115 m² | $430,000 |
| 2020-11 | 5-Room | 04–06 | 116 m² | $385,000 |
| 2020-09 | 5-Room | 01–03 | 115 m² | $418,000 |
| 2020-09 | 4-Room | 16–18 | 102 m² | $385,000 |
| 2020-08 | 5-Room | 07–09 | 115 m² | $418,000 |
| 2019-07 | 4-Room | 10–12 | 102 m² | $370,000 |
| 2019-06 | 4-Room | 10–12 | 101 m² | $372,000 |
| 2018-11 | 5-Room | 10–12 | 115 m² | $416,000 |
| 2018-02 | 5-Room | 04–06 | 116 m² | $418,000 |
| 2016-01 | 5-Room | 01–03 | 115 m² | $395,000 |
| 2015-10 | 4-Room | 04–06 | 101 m² | $367,000 |
Rivervale Drive blocks ranked by price
Showing the top 15 of 54 priced blocks.
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Quick answers
How much does a flat at Blk 123C Rivervale Drive cost?
The median resale price over the last 24 months is $596,000 (4 sales, as of Sep 2026). See the by-type table above for 3-room vs 4-room medians.
Is Blk 123C Rivervale Drive fairly priced?
For a typical 4-room flat here, our price model estimates $565,978–$632,748 (central estimate $599,363). Recent sales — median $586,000 — sit within that range.
What is the rent at Blk 123C Rivervale Drive?
The median monthly rent is $3,300/mo over the last 12 months (2 contracts).
How old is Blk 123C Rivervale Drive?
The block was completed in 1998 and its 99-year lease runs from 1999.