homequant
apartment · 328704

Riverbay

Project page · 999-year lease from 1882

Indicative value range
S$988,073 – S$1,051,198
Indicative mid S$1,020,625 · S$1,554 psf

Based on 4 sales in this project, last 6 months. Search did not need to widen. See the comparable sales.

No storey entered, so sales were not adjusted for height

999-year tenure: the lease method is for 99-year leasehold only.

Comparable sales

Each price per area is scaled to Q2 2026 by the published index for the quarter it sold in.

SoldWhereFloorSizePricePer sqftIndex ×Adjusted
Oct 2026Riverbay06-10517 sqftS$770,000S$1,490 psf×1.000S$1,490 psf
Aug 2026Riverbay11-15517 sqftS$830,000S$1,606 psf×1.000S$1,606 psf
Jul 2026Riverbay21-25657 sqftS$1,050,000S$1,599 psf×1.000S$1,599 psf
Jun 2026Riverbay16-20517 sqftS$780,000S$1,510 psf×1.000S$1,510 psf

How accurate is this estimate for Riverbay?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 15 sales in Riverbay since.

Median error
4.2%

Half the estimates came closer than this to what the home actually fetched, half missed by more.

What the rent says

What this home earns against what it costs, set beside what homes like it earn.

4.29% gross yield

S$43,800 of rent a year against the estimate above · 1.14 points above flats like it

Leases signed here within a quarter of this size run about S$3,650 a month, the middle of 9 of them.

In the rest of the central region, freehold flats yield 3.15%, from 864 projects. Too few share this home's remaining lease to measure that separately.

A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.

Recent leases signed here

SignedSizeBedsTypeRent a month
Q3 2026600-700 sqft2Non-landed PropertiesS$3,950
Q3 2026700-800 sqft2Non-landed PropertiesS$3,700
Q3 2026700-800 sqft2Non-landed PropertiesS$3,650
Q3 2026600-700 sqft2Non-landed PropertiesS$3,150
Q3 2026300-400 sqft1Non-landed PropertiesS$2,700
Q3 2026300-400 sqft1Non-landed PropertiesS$2,700
Q3 2026300-400 sqft1Non-landed PropertiesS$2,500
Q3 2026300-400 sqft1Non-landed PropertiesS$2,500

median of 9 URA rental contracts at Riverbay within a quarter of 61 sqm, since 2025Q4.

Buying or selling at S$1,020,625?

Buying: Stamp duty on S$1,020,625 · Cash and CPF needed on S$1,020,625 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$1,020,625.

Each opens with this figure filled in; change anything there.

Primary schools near 23 Mar Thoma Road

Measured from each school's land to this address's own point, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km or 2 km check OneMap's School Query.

Within about 1 km

1 to 2 km

Past transactions

Recorded sales
DateDetailAreaPricePer area
Oct 2026
Riverbay · 06-10 · Apartment
517 sqftS$770,000S$1,490 psf
Aug 2026
Riverbay · 11-15 · Apartment
517 sqftS$830,000S$1,606 psf
Jul 2026
Riverbay · 21-25 · Apartment
657 sqftS$1,050,000S$1,599 psf
Jun 2026
Riverbay · 06-10 · Apartment
947 sqftS$1,530,000S$1,615 psf
Jun 2026
Riverbay · 16-20 · Apartment
517 sqftS$780,000S$1,510 psf
May 2026
Riverbay · 21-25 · Apartment
388 sqftS$660,000S$1,703 psf
Apr 2026
Riverbay · 16-20 · Apartment
388 sqftS$640,000S$1,652 psf
Apr 2026
Riverbay · 11-15 · Apartment
947 sqftS$1,520,000S$1,605 psf
Mar 2026
Riverbay · 16-20 · Apartment
388 sqftS$650,000S$1,677 psf
Mar 2026
Riverbay · 21-25 · Apartment
646 sqftS$1,010,000S$1,564 psf
Feb 2026
Riverbay · 21-25 · Apartment
958 sqftS$1,600,000S$1,670 psf
Feb 2026
Riverbay · 06-10 · Apartment
926 sqftS$1,515,000S$1,637 psf
Jan 2026
Riverbay · 06-10 · Apartment
657 sqftS$998,000S$1,520 psf
Oct 2025
Riverbay · 21-25 · Apartment
926 sqftS$1,578,000S$1,705 psf
Oct 2025
Riverbay · 21-25 · Apartment
517 sqftS$798,000S$1,545 psf
Aug 2025
Riverbay · 16-20 · Apartment
947 sqftS$1,543,888S$1,630 psf
Jul 2025
Riverbay · 21-25 · Apartment
786 sqftS$1,222,000S$1,555 psf
Jul 2025
Riverbay · 11-15 · Apartment
657 sqftS$1,030,000S$1,569 psf
Jun 2025
Riverbay · 16-20 · Apartment
947 sqftS$1,508,000S$1,592 psf
Apr 2025
Riverbay · 11-15 · Apartment
786 sqftS$1,170,000S$1,489 psf
Mar 2025
Riverbay · 21-25 · Apartment
388 sqftS$640,000S$1,652 psf
Feb 2025
Riverbay · 16-20 · Apartment
947 sqftS$1,508,000S$1,592 psf
Nov 2024
Riverbay · 16-20 · Apartment
excluded: outlier
517 sqftS$800,000S$1,548 psf
Sept 2024
Riverbay · 16-20 · Apartment
753 sqftS$1,170,000S$1,553 psf
May 2024
Riverbay · 11-15 · Apartment
657 sqftS$1,000,000S$1,523 psf
Apr 2024
Riverbay · 16-20 · Apartment
517 sqftS$800,000S$1,548 psf
Apr 2024
Riverbay · 11-15 · Apartment
517 sqftS$790,000S$1,529 psf
Feb 2024
Riverbay · 11-15 · Apartment
517 sqftS$800,000S$1,548 psf
Nov 2023
Riverbay · 21-25 · Apartment
388 sqftS$650,000S$1,677 psf
Nov 2023
Riverbay · 16-20 · Apartment
517 sqftS$800,000S$1,548 psf
Oct 2023
Riverbay · 11-15 · Apartment
926 sqftS$1,380,000S$1,491 psf
Sept 2023
Riverbay · 11-15 · Apartment
517 sqftS$805,000S$1,558 psf
Sept 2023
Riverbay · 21-25 · Apartment
657 sqftS$1,050,000S$1,599 psf
Aug 2023
Riverbay · 16-20 · Apartment
657 sqftS$995,000S$1,515 psf
Aug 2023
Riverbay · 11-15 · Apartment
517 sqftS$782,000S$1,514 psf
Jul 2023
Riverbay · 21-25 · Apartment
958 sqftS$1,400,000S$1,461 psf
Jun 2023
Riverbay · 11-15 · Apartment
657 sqftS$980,000S$1,493 psf
May 2023
Riverbay · 16-20 · Apartment
657 sqftS$988,000S$1,505 psf
Apr 2023
Riverbay · 06-10 · Apartment
786 sqftS$1,100,000S$1,400 psf
Apr 2023
Riverbay · 11-15 · Apartment
517 sqftS$800,000S$1,548 psf
Apr 2023
Riverbay · 16-20 · Apartment
786 sqftS$1,140,000S$1,451 psf
Mar 2023
Riverbay · 21-25 · Apartment
947 sqftS$1,370,000S$1,446 psf
Mar 2023
Riverbay · 21-25 · Apartment
786 sqftS$1,220,000S$1,553 psf
Mar 2023
Riverbay · 11-15 · Apartment
388 sqftS$632,000S$1,631 psf
Feb 2023
Riverbay · 06-10 · Apartment
947 sqftS$1,352,888S$1,428 psf
Feb 2023
Riverbay · 21-25 · Apartment
517 sqftS$805,888S$1,560 psf
Jan 2023
Riverbay · 11-15 · Apartment
388 sqftS$620,000S$1,600 psf
Jan 2023
Riverbay · 16-20 · Apartment
388 sqftS$620,000S$1,600 psf
Nov 2022
Riverbay · 16-20 · Apartment
753 sqftS$1,150,000S$1,526 psf
Oct 2022
Riverbay · 11-15 · Apartment
388 sqftS$630,000S$1,626 psf
Aug 2022
Riverbay · 11-15 · Apartment
947 sqftS$1,313,000S$1,386 psf
Aug 2022
Riverbay · 11-15 · Apartment
388 sqftS$600,000S$1,548 psf
Jun 2022
Riverbay · 16-20 · Apartment
947 sqftS$1,300,000S$1,372 psf
Jun 2022
Riverbay · 21-25 · Apartment
646 sqftS$955,000S$1,479 psf
May 2022
Riverbay · 11-15 · Apartment
517 sqftS$715,000S$1,384 psf
Mar 2022
Riverbay · 06-10 · Apartment
388 sqftS$595,000S$1,535 psf
Feb 2022
Riverbay · 11-15 · Apartment
926 sqftS$1,185,000S$1,280 psf
Dec 2021
Riverbay · 11-15 · Apartment
786 sqftS$1,055,000S$1,343 psf
Nov 2021
Riverbay · 21-25 · Apartment
646 sqftS$838,000S$1,298 psf

Sale prices as filed in caveats.

Indicative estimate from comparable caveats. Not a formal valuation.