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FairComparisons
D19 Serangoon/Hougang

RIVER ISLES

EDGEDALE PLAINS · District 19 · 99 yrs lease commencing from 2012

Median Price

S$1.3M

165 transactions

Price Range

S$590K - S$2.4M

Tenure

Leasehold

99 yrs lease commencing from 2

Avg Rent

S$3.95 psf

per month

RIVER ISLES Price Analysis

RIVER ISLES is a leasehold development on EDGEDALE PLAINS in District 19 (Serangoon/Hougang). According to URA transaction records, 165 private residential transactions have been recorded at this development, with a median price of S$1,340,000. Prices range from S$590K for the smallest units to S$2.4M for premium configurations.

The development offers units across 5 size categories. The most traded segment is studio (<50 sqm) at a median of S$700,688. Larger units (5+ bed (170+ sqm)) trade at S$1,735,000, reflecting the premium for additional space.

Floor level significantly impacts pricing at RIVER ISLES. High-floor units (16-20) command a median of S$1,707,500, while low-floor units (01-05) sell for S$1,290,000. That is a 32% premium for higher floors, worth S$418K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, RIVER ISLES commands an average of S$3.95 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 3.0%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

16-20
S$1.7M
22 txns
11-15
S$1.4M
50 txns
06-10
S$1.3M
40 txns
01-05
S$1.3M
53 txns

Price by Unit Size

Size BandMedian PriceAvg SizeTransactions
Studio (<50 sqm)S$701K42 sqm5
2-Bed (70-100 sqm)S$1.2M84 sqm61
3-Bed (100-130 sqm)S$1.4M111 sqm66
4-Bed (130-170 sqm)S$1.7M139 sqm24
5+ Bed (170+ sqm)S$1.7M187 sqm9

FAQ

What is the average price of RIVER ISLES?

The median transaction price at RIVER ISLES is S$1,340,000, based on 165 URA-recorded transactions. Prices range from S$590K to S$2.4M.

Does floor level affect prices at RIVER ISLES?

Yes. High-floor units (16-20) sell for a median of S$1,707,500, while low-floor units (01-05) sell for S$1,290,000. That is a 32% premium for higher floors.

What is the rental rate at RIVER ISLES?

The average rental rate at RIVER ISLES is approximately S$3.95 per square foot per month, based on URA median rental data.

Source: URA Private Residential Property Transactions. Analysis by FairComparisons.