FreeholdRCRDistrict 12 (Kallang)

Rio Gardens

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2025 (URA)
Quick Summary

Rio Gardens is a freehold apartment in District 12 (Kallang) that obtained TOP in 2005, with 54 units across 1 block. Across 103 transactions on record, units have recently transacted around S$1.36M (S$1,357 psf, ~947 sqft).

1

What are the key facts about Rio Gardens?

Key Takeaway

Rio Gardens is a freehold apartment in District 12 (Kallang) that obtained TOP in 2005, with 54 units across 1 block.

Tenure
Freehold
TOP / Completion
2005
Developer
HOI HUP REALTY PTE LTD
Total units
54
Blocks
1
District / Area
District 12 (Kallang)
Market segment
RCR
Median PSF
S$1,357 psf
Last transacted
May 2025
Remaining lease
Freehold
2

What is the price and PSF at Rio Gardens?

Key Takeaway

Units have recently transacted around S$1.36M (S$1,357 psf), at a gross rental yield of about 2.4% (URA caveat data).

Recent median price

S$1.36M

recent · 103 sales on record

Median PSF

S$1,357 psf

recent transactions

Median rent (monthly)

S$2,708

138 rentals on record

Gross rental yield

2.4%

indicative, gross

Source: URA caveat data, through May 2025.

3

What has recently sold at Rio Gardens?

Key Takeaway

Rio Gardens has 103 recorded sales; the most recent transacted at S$1,360,000 in May 2025 (URA caveat data).

DatePriceSize (sqft)PSF
May 2025S$1,360,000947S$1,436 psf
Sept 2024S$1,870,0001,195S$1,565 psf
Jul 2024S$1,750,0001,152S$1,519 psf
Jul 2024S$1,800,0001,195S$1,507 psf
Mar 2024S$1,300,000947S$1,372 psf
Mar 2024S$1,610,0001,195S$1,348 psf
Jul 2023S$1,625,0001,195S$1,360 psf
Jul 2023S$1,285,000947S$1,357 psf
Aug 2022S$1,265,000947S$1,335 psf
May 2022S$1,520,0001,195S$1,272 psf
Apr 2022S$1,170,000947S$1,235 psf
Feb 2022S$1,180,000947S$1,246 psf

103 sales and 138 rentals on record since Jun 2003. Source: URA.

4

Are prices at Rio Gardens rising?

Key Takeaway

The median transacted PSF at Rio Gardens has risen 132% over the past 16 years (20082024), from S$649 psf to S$1,507 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2024S$1,507 psfS$1.75M5+11.1%
2023S$1,357 psfS$1.28M2+8.9%
2022S$1,246 psfS$1.18M4+9.4%
2021S$1,139 psfS$1.42M2+17.9%
2015S$966 psfS$915k2-9.0%
2014S$1,061 psfS$1.26M3-1.3%
2013S$1,075 psfS$1.02M2+20.0%
2012S$896 psfS$990k6+30.0%
2010S$689 psfS$838k6+6.2%
2008S$649 psfS$650k5

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

5

How many property agents are active around Rio Gardens?

Key Takeaway

6,316 CEA-registered agents closed at least one recorded deal in District 12 — where Rio Gardens sits — in the last 12 months, across all property types.

Active agents · 12mo

6,316

District 12 · closed ≥1 deal

Deals on record

24,253

all-time · all property types

Source: CEA public transaction records, attributed to District 12across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

Where is Rio Gardens and what's nearby?

Key Takeaway

Rio Gardens is located in Kallang, in the Central Region of Singapore.

Rio Gardens is a freehold apartment completed in 2005. It was developed by HOI HUP REALTY PTE LTD. The development has 54 residential units. It sits on a land area of 2,204 sqm and has a gross floor area of 6,171 sqm. The plot ratio is 2.8.

RIO GARDENS is located at 55B Jalan Taman, Singapore 329001. It is part of District 12, Balestier / Toa Payoh / Serangoon, Kallang. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Potong Pasir MRT, approximately 746m away, around 12 minutes on foot. Nearby amenities include The Poiz Centre for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blk 29 Bendemeer Road for food options, and St Michael'S Pg for greenery and recreation. Facilities in the development include Barbeque Area, Covered car park, 24 hours security, and Swimming pool.

7

Who built Rio Gardens and how big is the development?

Key Takeaway

Rio Gardens was developed by HOI HUP REALTY PTE LTD, with 54 units over up to 10 storeys.

Developer
HOI HUP REALTY PTE LTD
Floors
10 storeys
Blocks
1
Land area
2,204 sqm (23,724 sqft)
Gross floor area
6,171 sqm (66,424 sqft)
Plot ratio
2.80
8

How far is Rio Gardens from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Rio Gardens is Potong Pasir MRT, about 746 m away (~12 min walk). 6 schools are within 1 km, including 3 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Bendemeer Secondary SchoolSecondary schoolwithin 1 km436 m
  • St Andrew's School (Secondary)Secondary schoolwithin 1 km501 m
  • St Andrew's School (Junior)Primary schoolwithin 1 km · P1 priority540 m
  • Bendemeer Primary SchoolPrimary schoolwithin 1 km · P1 priority547 m
  • St Andrew's Junior CollegeJunior collegewithin 1 km723 m
  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority921 m
  • Northlight SchoolSecondary school1.3 km
  • Cedar Girls' Secondary SchoolSecondary school1.3 km

Shops, food & parks

Mall: The Poiz Centre · 693 mSupermarket: NTUC Fairprice Co-operative Ltd · 739 mHawker centre: Blk 29 Bendemeer Road · 835 mPark: St Michael'S Pg · 74 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

What facilities does Rio Gardens have?

Key Takeaway

Rio Gardens has 4 facilities, including Barbeque Area, Covered car park, 24 hours security, Swimming pool.

Barbeque AreaCovered car park24 hours securitySwimming pool
10

What does it cost to own a unit at Rio Gardens?

Key Takeaway

Buying a unit at Rio Gardens (~S$1.36M) needs about S$9,956/mo in income and S$4,580/mo in repayments, after S$39,000 stamp duty and a S$340k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.36M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$39,000

BSD, tiered

Downpayment (25%)

S$340k

cash + CPF

Monthly instalment

S$4,580/mo

30y @ 3.5%

Income required

S$9,956/mo

TDSR @ stress rate

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

Keep going in the PropKaki app

Thinking about Rio Gardens? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Rio Gardens's own transactions.

PropKaki
Is Rio Gardens a good buy, and what are units selling for?

Recent units at Rio Gardens sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
11

Frequently asked questions about Rio Gardens

How much does a unit at Rio Gardens cost?

Units at Rio Gardens have recently transacted around S$1.36M (S$1,357 psf), from 103 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Rio Gardens?

For a unit around S$1.36M as a first home, you'd need roughly S$9,956/mo in income (assessed at the stress-test rate), with repayments near S$4,580/mo after a S$340k (25%) downpayment and S$39,000 Buyer's Stamp Duty.

Is Rio Gardens a good investment?

Gross rental yield is about 2.4%; median PSF has risen about 132% since 2008. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at Rio Gardens going up?

The median transacted PSF at Rio Gardens has risen about 132% between 2008 and 2024, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Rio Gardens freehold or leasehold?

Rio Gardens is freehold — ownership does not expire.

When was Rio Gardens built and who developed it?

Rio Gardens obtained TOP in 2005, developed by HOI HUP REALTY PTE LTD, with 54 units across 1 block.

What is the nearest MRT to Rio Gardens?

The nearest MRT/LRT station to Rio Gardens is Potong Pasir MRT, about 746 m away (~12 min walk).

Which primary schools are within 1 km of Rio Gardens?

St Andrew's School (Junior), Bendemeer Primary School, Hong Wen School are within 1 km of Rio Gardens — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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