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FairComparisons
D19 Serangoon/Hougang

RIVERSAILS

UPPER SERANGOON CRESCENT · District 19 · 99 yrs lease commencing from 2011

Median Price

S$1.2M

241 transactions

Price Range

S$602K - S$2.8M

Tenure

Leasehold

99 yrs lease commencing from 2

Avg Rent

S$4.04 psf

per month

RIVERSAILS Price Analysis

RIVERSAILS is a leasehold development on UPPER SERANGOON CRESCENT in District 19 (Serangoon/Hougang). According to URA transaction records, 241 private residential transactions have been recorded at this development, with a median price of S$1,220,000. Prices range from S$602K for the smallest units to S$2.8M for premium configurations.

The development offers units across 6 size categories. The most traded segment is studio (<50 sqm) at a median of S$725,000. Larger units (5+ bed (170+ sqm)) trade at S$2,538,000, reflecting the premium for additional space.

Floor level significantly impacts pricing at RIVERSAILS. High-floor units (16-20) command a median of S$1,560,000, while low-floor units (01-05) sell for S$1,158,888. That is a 35% premium for higher floors, worth S$401K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, RIVERSAILS commands an average of S$4.04 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 3.4%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

16-20
S$1.6M
43 txns
06-10
S$1.2M
76 txns
11-15
S$1.2M
65 txns
01-05
S$1.2M
57 txns

Price by Unit Size

Size BandMedian PriceAvg SizeTransactions
Studio (<50 sqm)S$725K47 sqm29
1-Bed (50-70 sqm)S$748K60 sqm2
2-Bed (70-100 sqm)S$1.2M86 sqm128
3-Bed (100-130 sqm)S$1.6M109 sqm68
4-Bed (130-170 sqm)S$1.9M155 sqm5
5+ Bed (170+ sqm)S$2.5M240 sqm9

Current Listings

2-Bed sale

Mikaela Joy · PLB REALTY PTE. LTD.

S$1.4M

FAQ

What is the average price of RIVERSAILS?

The median transaction price at RIVERSAILS is S$1,220,000, based on 241 URA-recorded transactions. Prices range from S$602K to S$2.8M.

Does floor level affect prices at RIVERSAILS?

Yes. High-floor units (16-20) sell for a median of S$1,560,000, while low-floor units (01-05) sell for S$1,158,888. That is a 35% premium for higher floors.

What is the rental rate at RIVERSAILS?

The average rental rate at RIVERSAILS is approximately S$4.04 per square foot per month, based on URA median rental data.

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