Riverbay
Riverbay is a 999-year apartment in District 12 (Kallang) that obtained TOP in 2014, with 147 units across 1 block. Across 228 transactions on record, units have recently transacted around S$998k (S$1,605 psf, ~646 sqft). There are 26 units for sale from S$670k to S$1.35M. The lease has approximately 855 years remaining.
| Tenure | 999-year leasehold from 1882 (≈855 years left) |
|---|---|
| TOP year | 2014 |
| Developer | GREEN BAY PTE LTD |
| Units | 147 in 1 block |
| District and area | District 12 · Kallang · RCR |
| Nearest MRT | Potong Pasir MRT, 817 m (~13 min walk) |
| Latest median psf | S$1,605 psf, last 12 URA caveats to Jul 2026 |
What's for sale and for rent at Riverbay?
Riverbay has 26 units listed for sale, asking S$670k to S$1.35M (median S$1,718 psf), and 19 units for rent at a median of S$3,000 a month.
For sale
26 listings
S$670k – S$1.35M
For rent
19 listings
S$1,300 – S$3,900 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 1-bedroom | 10 | S$670k–S$850k | S$1,727 psf |
| 2-bedroom | 13 | S$1.05M–S$1.35M | S$1,700 psf |
| 3-bedroom | 3 | S$1.35M–S$1.35M | — |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Riverbay?
Floor plans for Riverbay aren't in PropKaki's library yet. Across 228 URA caveats, units range from 388 sqft to 2,185 sqft, and the middle half are 517 sqft to 926 sqft.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 1-bedroom | 388 sqft to 517 sqft | S$670k · S$1,727 psf |
| 2-bedroom | 656 sqft to 786 sqft | S$1.05M · S$1,700 psf |
| 3-bedroom | 786 sqft | S$1.35M |
Check the Floor Plan Finder for Riverbay →
Unit sizes from URA caveats. Listed sizes from current property listings.
What is the price and PSF at Riverbay?
Units have recently transacted around S$998k (S$1,605 psf), at a gross rental yield of about 2.6% (URA caveat data).
Recent median price
S$998k
recent · 228 sales on record
Median PSF
S$1,605 psf
recent transactions
Median rent (monthly)
S$2,197
372 rentals on record
Gross rental yield
2.6%
indicative, gross
Units currently for sale are asking a median of S$1,718 psf — about 7% above the most recent transacted PSF.
Source: URA caveat data, through Jul 2026.
What has recently sold at Riverbay?
Riverbay has 228 recorded sales; the most recent transacted at S$1,050,000 in Jul 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Jul 2026 | S$1,050,000 | 657 | S$1,599 psf |
| Jun 2026 | S$1,530,000 | 947 | S$1,615 psf |
| Jun 2026 | S$780,000 | 517 | S$1,510 psf |
| May 2026 | S$660,000 | 388 | S$1,703 psf |
| Apr 2026 | S$640,000 | 388 | S$1,652 psf |
| Apr 2026 | S$1,520,000 | 947 | S$1,605 psf |
| Mar 2026 | S$1,010,000 | 646 | S$1,564 psf |
| Mar 2026 | S$650,000 | 388 | S$1,677 psf |
| Feb 2026 | S$1,515,000 | 926 | S$1,637 psf |
| Feb 2026 | S$1,600,000 | 958 | S$1,670 psf |
| Jan 2026 | S$998,000 | 657 | S$1,520 psf |
| Oct 2025 | S$798,000 | 517 | S$1,545 psf |
228 sales and 372 rentals on record since Apr 2013. Source: URA.
Are prices at Riverbay rising?
The median transacted PSF at Riverbay has risen 26% over the past 9 years (2017–2026), from S$1,281 psf to S$1,615 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2026 | S$1,615 psf | S$1.01M | 11 | +1.4% |
| 2025 | S$1,592 psf | S$1.22M | 9 | +2.8% |
| 2024 | S$1,548 psf | S$800k | 6 | +2.2% |
| 2023 | S$1,515 psf | S$980k | 20 | +2.4% |
| 2022 | S$1,479 psf | S$955k | 9 | +13.9% |
| 2021 | S$1,298 psf | S$1.03M | 8 | -2.0% |
| 2020 | S$1,324 psf | S$860k | 12 | -1.7% |
| 2019 | S$1,347 psf | S$850k | 8 | -5.3% |
| 2018 | S$1,423 psf | S$735k | 8 | +11.1% |
| 2017 | S$1,281 psf | S$971k | 9 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
Is Riverbay a good investment?
Of 87 units at Riverbay that were bought and later resold (bought from 2013, resold up to 2026), 89% sold for more than they were bought for, with a median gain of 10% over a median 7.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.6%. Units listed now ask about 7% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Sold for more than bought
89%
of 87 resales here
Median gain
10%
gross, before costs
Median hold
7.1 years
bought to resold
Every unit at Riverbay with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →
Where is Riverbay and what's nearby?
Riverbay is located in Kallang, in the Central Region of Singapore.
Riverbay is a 999-year apartment completed in 2014. It was developed by GREEN BAY PTE LTD. The development has 147 residential units. It sits on a land area of 3,848 sqm and has a gross floor area of 10,774 sqm. The plot ratio is 2.8.
RIVERBAY is located at 23 Mar Thoma Road, Singapore 328704. 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 817m away, around 13 minutes on foot. Nearby amenities include The Poiz Centre for shopping, HAO MART PTE. LTD. for groceries, Blk 29 Bendemeer Road for food options, and Mar Thoma Road Park for greenery and recreation.
How far is Riverbay from MRT and schools?
The nearest MRT/LRT to Riverbay is Potong Pasir MRT, about 817 m away (~13 min walk). 6 schools are within 1 km, including 3 primary schools.
Getting around
- Potong Pasir MRT817 m · ~13 min
- Boon Keng MRT968 m · ~15 min
Schools nearby
Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Bendemeer Secondary SchoolSecondary schoolwithin 1 km414 m
- St Andrew's School (Junior)Primary schoolwithin 1 km · P1 priority476 m
- St Andrew's School (Secondary)Secondary schoolwithin 1 km511 m
- St Andrew's Junior CollegeJunior collegewithin 1 km576 m
- Bendemeer Primary SchoolPrimary schoolwithin 1 km · P1 priority757 m
- Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority882 m
- Northlight SchoolSecondary school1.2 km
- Pei Chun Public SchoolPrimary school1.3 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
Who built Riverbay and how big is the development?
Riverbay was developed by GREEN BAY PTE LTD, designed by ADDP ARCHITECTS LLP, with 147 units over up to 25 storeys.
- Developer
- GREEN BAY PTE LTD
- Architect
- ADDP ARCHITECTS LLP
- Main contractor
- CHINA CONSTRUCTION (SOUTH PACIFIC) DEVELOPMENT CO PTE LTD
- Floors
- 25 storeys
- Blocks
- 1
- Land area
- 3,848 sqm (41,419 sqft)
- Gross floor area
- 10,774 sqm (115,970 sqft)
- Plot ratio
- 2.80
What does it cost to own a unit at Riverbay?
Buying a unit at Riverbay (~S$998k) needs about S$7,306/mo in income and S$3,361/mo in repayments, after S$24,540 stamp duty and a S$250k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$998k) 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$24,540
BSD, tiered
Downpayment (25%)
S$250k
cash + CPF
Monthly instalment
S$3,361/mo
30y @ 3.5%
Income required
S$7,306/mo
TDSR @ stress rate
How many property agents are active around Riverbay?
6,318 CEA-registered agents closed at least one recorded deal in District 12 — where Riverbay sits — in the last 12 months, across all property types.
Active agents · 12mo
6,318
District 12 · closed ≥1 deal
Deals on record
24,291
all-time · all property types
Source: CEA public transaction records, attributed to District 12 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Thinking about Riverbay? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Riverbay's own transactions.
PropKakiRecent units at Riverbay sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Riverbay
Is Riverbay freehold?⌄
No. Riverbay is on a 999-year lease that started in 1882, with about 855 years left.
How old is Riverbay?⌄
Riverbay was completed (obtained TOP) in 2014, so it is about 12 years old.
Is Riverbay a good investment?⌄
Of 87 units at Riverbay that were bought and later resold (bought from 2013, resold up to 2026), 89% sold for more than they were bought for, with a median gain of 10% over a median 7.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.6%. Units listed now ask about 7% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Is Riverbay an EC?⌄
No. Riverbay is a private apartment development, not an executive condominium (EC).
Who is the developer of Riverbay?⌄
Riverbay was developed by GREEN BAY PTE LTD.
What is the price of a condo at Riverbay?⌄
Units at Riverbay have recently sold for around S$998k (S$1,605 psf), the median of the last 12 URA caveats to Jul 2026. The price depends on size, floor and facing. 26 units are listed for sale from S$670k to S$1.35M.
Where is Riverbay located?⌄
Riverbay is at 23 Mar Thoma Road, Singapore 328704, in Kallang (District 12). The nearest MRT station is Potong Pasir MRT, about 817 m away.
How many units are there in Riverbay?⌄
Riverbay has 147 units in 1 block, up to 25 storeys high.
How much do I need to earn to buy at Riverbay?⌄
For a unit around S$998k as a first home, you'd need roughly S$7,306/mo in income (assessed at the stress-test rate), with repayments near S$3,361/mo after a S$250k (25%) downpayment and S$24,540 Buyer's Stamp Duty.
Are prices at Riverbay going up?⌄
The median price per square foot at Riverbay has risen about 26% between 2017 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.
Which primary schools are within 1 km of Riverbay?⌄
St Andrew's School (Junior), Bendemeer Primary School, Hong Wen School are within 1 km of Riverbay. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.