RIVERSOUND RESIDENCE
SENGKANG EAST AVENUE · District 19 · 99 yrs lease commencing from 2011
Median Price
S$1.4M
Price Range
S$585K - S$2.6M
Tenure
Leasehold
Avg Rent
S$4.07 psf
RIVERSOUND RESIDENCE Price Analysis
RIVERSOUND RESIDENCE is a leasehold development on SENGKANG EAST AVENUE in District 19 (Serangoon/Hougang). According to URA transaction records, 142 private residential transactions have been recorded at this development, with a median price of S$1,382,500. Prices range from S$585K for the smallest units to S$2.6M for premium configurations.
The development offers units across 6 size categories. The most traded segment is studio (<50 sqm) at a median of S$681,500. Larger units (5+ bed (170+ sqm)) trade at S$1,969,000, reflecting the premium for additional space.
Floor level significantly impacts pricing at RIVERSOUND RESIDENCE. High-floor units (16-20) command a median of S$1,600,000, while low-floor units (06-10) sell for S$1,290,000. That is a 24% premium for higher floors, worth S$310K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, RIVERSOUND RESIDENCE commands an average of S$4.07 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
Price by Unit Size
| Size Band | Median Price | Avg Size | Transactions |
|---|---|---|---|
| Studio (<50 sqm) | S$682K | 44 sqm | 10 |
| 1-Bed (50-70 sqm) | S$698K | 55 sqm | 2 |
| 2-Bed (70-100 sqm) | S$1.2M | 88 sqm | 70 |
| 3-Bed (100-130 sqm) | S$1.6M | 115 sqm | 47 |
| 4-Bed (130-170 sqm) | S$1.9M | 137 sqm | 5 |
| 5+ Bed (170+ sqm) | S$2.0M | 206 sqm | 8 |
FAQ
What is the average price of RIVERSOUND RESIDENCE?
The median transaction price at RIVERSOUND RESIDENCE is S$1,382,500, based on 142 URA-recorded transactions. Prices range from S$585K to S$2.6M.
Does floor level affect prices at RIVERSOUND RESIDENCE?
Yes. High-floor units (16-20) sell for a median of S$1,600,000, while low-floor units (06-10) sell for S$1,290,000. That is a 24% premium for higher floors.
What is the rental rate at RIVERSOUND RESIDENCE?
The average rental rate at RIVERSOUND RESIDENCE is approximately S$4.07 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.