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Rivervale Crest

Rivervale Crescent · District 19 · Outside Central Region (OCR) · 99 yrs lease commencing from 1997

Rivervale Crest is an apartment development in District 19 (OCR). Based on 91 URA-recorded transactions from 20212026, its median price is $1,158,000, with prices moving about 6.4%/yr and a gross rental yield near 3.6%.

The verdict · for an investor

Rivervale Crest · Apartment · District 19 · Leasehold

On balance, Rivervale Crest points up.

Strong track record, sitting inside Punggol Digital District — the fundamentals buyers pay up for are here.

HeadwindsMixedTailwinds

Why it's pushing up

What matters most for you

  • ConvenientMRT about 4 min on foot; 5 supermarkets, 2 food & retail spots nearby.
  • Rentable~3.6% gross yield; transport and schools nearby keep tenants coming.

And what makes it better

  • Every unit type has risen — 4-bed +36.2%, 3-bed +29.4%, 5-bed +25.5% since 2021.
  • A Primary-1 priority school within 1km — a real family draw.

What's holding it back

  • Leasehold, ~70 years left — the lease clock weighs on price and financing the older it gets.
  • Its recent +6.4%/yr rode a hot cycle — don't bank on that pace repeating.
  • The market's near the top of its cycle — mind your entry price.

Should I buy?

Worth a look

If you'll hold 5+ years and don't overpay.

Rental yield

3.6%

gross, on this project

Priced vs nearby

Cheapest nearby

priced under the walkable neighbours.

See if it fits my budget →

Independent research, not advice. A fair price still isn’t automatically a good buy — the call is always yours.

The priceIs my price fair?

Pick your exact unit — then check your price

Your unit’s exact size

Every real size that has sold here (URA caveats). Pick yours — or the closest.

~$1,045/sqft
22 sold here

What 1,206 sqft (4-bed) units go for here

$1.18Mmiddle ~$1.26M$1.34M

The price they’re asking

Type the price they’re quoting — we’ll judge it against what this exact size really sold for. No opinion until you do.

Recent 1,206 sqft sales

Jun 20261,206 sqft · fl 01-05$1.31M$1,090 psf
May 20261,206 sqft · fl 01-05$1.35M$1,119 psf
Jan 20261,206 sqft · fl 06-10$1.26M$1,045 psf
The rentWhat would it earn?

What it rents for — and if that works

Real rental history — the going median here is about $3.16 psf / month (URA), filled in for your size. Change it if you have a specific number.

The rent you’d get

/mo
3.6% gross yield
Healthyfor a Singapore condo, the rent is doing real work here. At a typical 75% loan, the rent covers ~86% of the mortgage — you’d top up ~$600/mo from your pocket.
Our readSo what should I do?

The price to fight for — and the endgame

No agent, no listing, no one paying us — so we’ll say it plainly, whichever side of the table you’re on, for the size you picked.

If you’re buying

$1.26M

Aim at the middle or below. A patient buyer has been getting closer to $1.22M.

If you’re selling

~$1.32M

List at the top of fair; realistic close is $1.26M–$1.28M unless it’s a high floor.

Why no rush either way: Seller’s Stamp Duty means a buyer can’t sell penalty-free for ~4 years — so you’re holding regardless. That’s your leverage to negotiate down now, not overpay.

The reality check — does the gain even make sense?

Likely worth then$2.34M
Paper gain+$1.08M

Our blunt read: ~$1.08M over 10 years at this project’s own pace. It works — but forward from a cycle top, treat it as a maybe, not a promise. This is our own POV, not a forecast — the pace is the project’s own (~6.4%/yr), and past pace never promises the future.

Built from URA transactions for Rivervale Crest — an opinion to decide and negotiate with, never a valuation and never financial advice.

If you’re buying — the outlook

Rivervale Crest

Outside Central Region (OCR) · District 19 · ~$1,046 psf · 3.6% yield

own price

Prices are near the top of the cycle, and the government is still cooling it — but cheap loans and steady immigration are holding them up. For Rivervale Crest, its own prices have been flat lately. Over a 4-year hold, expect sideways-to-modest — not a big jump.

◀ HeadwindsTailwinds ▶

On balance, the wind is roughly even.

!

What it means for you: At ~$1,046 psf, Rivervale Crest is priced below similar new projects nearby — good value against its peers. Its own prices are still climbing (~6.4%/yr over ~5 years). You'd also be buying near the top of the cycle, so entry price matters. So — negotiate, don't overpay, and plan to hold past the 4-year stamp-duty window before selling.

The signals behind it

Dots show how much weight each one carries.

Where we are in the cycle

Holds prices back

Prices are near the top — up 33% in 5 years, well above the 4.6%/year long-run pace. Less room left to climb.

This project (Rivervale Crest)

Holds prices back

Rivervale Crest's own prices have softened — about -2% in the latest year.

Your area vs the rest

Holds prices back

The suburbs (OCR) grew fastest since 2004 — a lot of that gain is already in, so there's more risk it cools from here.

Government cooling measures

Holds prices back

The government is still cooling the market — the latest was SSD back to 4 years at 16/12/8/4% (2025). That caps how fast prices can run.

Home-loan rates

Supports prices

Loan rates are cheap right now (~1.08%) and falling. Easy to carry — which supports prices, but also means more buyers competing with you.

Prices vs salaries

Supports prices

Against salaries, prices aren't expensive by past standards — people can still afford to buy.

New people moving in

Supports prices

Lots of new people keep moving to Singapore (non-residents up ~16% over 5 years) — steady demand for homes and rentals.

New supply nearby

About neutral

A moderate amount of new supply is coming to this district (~1,972 units, from 2027).

2.0k units
New launches selling

Supports prices

New launches in this district are selling well — 4 recent ones are around 96% sold, so buyer demand here is healthy right now.

96% sold
New land being released

Holds prices back · small effect

The government keeps releasing a lot of new land (~9,200 units this half-year) — more future supply that can weigh on prices years down the road.

Foreign buyers

About neutral · small effect

Foreign buyers are almost gone since the 60% tax (~1.4% of buyers), but the suburbs never leaned on them — so it barely affects you here.

1.4% foreign
Rents at this project

Holds prices back

Rents at Rivervale Crest have slipped ~9% over the last couple of years — weaker support if you rent it out.

Money ready to spend

Supports prices · small effect

There's more CPF money sitting ready to put toward a home than a few years back — a small support in the background.

The wider economy

Supports prices · small effect

The economy is growing (5% last year) and jobs are steady (1.9% unemployment) — no alarm bells.

Building costs

Supports prices · small effect

Building costs are high (up ~39% since 2010) and still creeping up — developers can't build cheap, which puts a floor under new-launch prices.

Supports pricesHolds prices backNeutral

Built from real public data (URA price index back to 1975, plus rates, immigration, rents, the economy). It prepares you — it never promises a price.

How far could it go — and when?

Is the price high? ~$1,046 psf is ~43% below similar nearby projects (~$1,832). good value

(The whole suburbs average is ~$1,534 psf — but that lumps in older stock, so we compare like with like, not against that.)

What’s realistic here? Its own record and its real neighbours — not the market.

Rivervale Crest has grown ~6.4%/yr over ~5 years. Similar nearby: Chuan Park 1.9%, The Florence Residences 1.5%, Riverfront Residences 4.2%, Affinity At Serangoon 1%, Kingsford Waterbay 1.9% — a 14.2%/yr spread (most around 1.9%).

market ~4.6%
Rivervale 6.4%
0%/yr4%8%/yr

You can’t sell for ~4 years without a penalty. Seller’s Stamp Duty is 16/12/8/4% in years 1–4, then 0% — so the honest question is what happens from year 4 on.

What price per sqft are you hoping to sell at one day?

$psf
Yes, by the time you can sell
Sell earliest (yr 4):at its own ~6.4%/yr, ~$1,341/sqft by year 4 — already past your target.
Likely hits it:about year 3 at its own ~6.4%/yr pace.
Best case:if it ran like its best neighbour (Riverfront Residences, ~4.2%/yr), about year 4.

Our own read, not financial advice. We don’t predict a price — we show what your target would need, and when, against what this project and its real neighbours have actually done.

Median price

$1,158,000

2021–2026 (URA)

Appreciation

6.4%/yr

median trend

Gross yield

3.6%

~$3.16/psf rent

Lease

~70 yrs left

leasehold

Rivervale Crest median price per sqft, by year

2021$778 psf
2022$845 psf+8.6%
2023$973 psf+15.1%
2024$1,027 psf+5.5%
2025$1,067 psf+3.9%
2026$1,046 psf-2%

Median PSF of actual URA transactions each year, with year-on-year change.

Does Rivervale Crest fit your budget?

GrowKaki models the real take-home — net of stamp duty, agent fee, mortgage interest and CPF — for the exact unit your budget reaches, then hands you to an agent when you’re ready.

Plan your purchase →

Units for sale at Rivervale Crest

Questions people ask about Rivervale Crest

Is Rivervale Crest freehold or leasehold?

Rivervale Crest is on a 99-year lease that began in 1997, so about 70 years remain. It sits in District 19 (Outside Central Region (OCR)).

How much does Rivervale Crest cost per square foot?

Recent transactions at Rivervale Crest are around $1,046 psf. Across its record, transacted prices range from $780,000 to $1,668,000.

Which primary schools are near Rivervale Crest?

Within 1 km (top Primary 1 priority): Rivervale Primary School (0.18 km), North Spring Primary School (0.53 km), Mee Toh School (0.59 km). Within 1–2 km: Edgefield Primary School, Greendale Primary School, Punggol Green Primary School. Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest Rivervale Crest?

The nearest MRT is Rumbia LRT, about 210 m away (straight-line).

Has Rivervale Crest gone up in value?

Across 91 URA-recorded transactions (2021–2026), prices at Rivervale Crest have moved about 6.4% a year on average, with a gross rental yield near 3.6%. That is a past record, not a forecast.

What condos are comparable to Rivervale Crest?

Within a short walk: Compass Heights, The Luxurie, Waterwoods, La Fiesta, Prive. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is Rivervale Crest a good buy?

Rivervale Crest sits in Outside Central Region (OCR). Whether it is right for you depends on your budget, purpose and holding period — GrowKaki models the net take-home after stamp duty, agent fee and CPF. This is independent research, not advice, and a fair price is not automatically a good buy.

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