Riverbay
Mar Thoma Road · D12 · Rest of central region · Apartment
The median sale at Riverbay was $995,000 — $1,548 psf — across 59 transactions between Nov 2021 and Oct 2026. 999-year lease from 1882.
What it costs per month of lease
A lease is a wasting asset. Spread the median price across the months of lease that are left and the figure is comparable between a dear flat with a long lease and a cheap one with a short one — which is the comparison a price alone cannot make.
This is the purchase price divided by the lease, and nothing else. It excludes stamp duty, the interest on a mortgage, maintenance and property tax. The calculator adds those.
Year by year
Too few sales in one or both ends of the window to quote a change, so the years are given as they are.
- 2021two sales$1320
- 2022nine sales$1479
- 202320 sales$1532
- 2024six sales$1548
- 2025nine sales$1592
- 202613 sales$1606
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $946,500 | $1,320 psf | 2 |
| 2022 | $955,000 | $1,479 psf | 9 |
| 2023 | $984,000 | $1,532 psf | 20 |
| 2024 | $800,000 | $1,548 psf | 6 |
| 2025 | $1,222,000 | $1,592 psf | 9 |
| 2026 | $998,000 | $1,606 psf | 13 |
What it rents for
URA’s median of rental contracts lodged at Riverbay in 2026Q2, per square foot per month.
Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.
Other developments in D12
- Eight Riversuites · $1,745 psf
- Gem Residences · $1,876 psf
- The Arcady At Boon Keng · $2,597 psf
- The Orie · $2,722 psf
- Trevista · $1,769 psf
- Okio · $1,748 psf
- Oleander Towers · $1,441 psf
- The Interweave · $1,643 psf
Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.