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 31 units for sale from S$675k to S$1.35M. The lease has approximately 855 years remaining.
What are the key facts about Riverbay?
Riverbay is a 999-year apartment in District 12 (Kallang) that obtained TOP in 2014, with 147 units across 1 block.
- Tenure
- 999-year
- TOP / Completion
- 2014
- Developer
- GREEN BAY PTE LTD
- Total units
- 147
- Blocks
- 1
- District / Area
- District 12 (Kallang)
- Market segment
- RCR
- Median PSF
- S$1,605 psf
- Last transacted
- Jul 2026
- Remaining lease
- ≈ 855 years
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$2,198
369 rentals on record
Gross rental yield
2.6%
indicative, gross
Units currently for sale are asking a median of S$1,677 psf — about 4% 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 369 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.
How many property agents are active around Riverbay?
6,316 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
6,316
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.
What bedroom types are available at Riverbay?
Riverbay has 31 units listed for sale, spanning 1–2-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 1-bedroom | 6 | S$675k–S$799k | — |
| 2-bedroom | 25 | S$1.05M–S$1.35M | S$1,677 psf |
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.
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
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.
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
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
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
How much does a unit at Riverbay cost?⌄
Units at Riverbay have recently transacted around S$998k (S$1,605 psf), from 228 sales on record (URA caveats). The exact price depends on size, floor and facing.
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.
Is Riverbay a good investment?⌄
Gross rental yield is about 2.6%, and current asking prices sit about 4% above the most recent transacted PSF; median PSF has risen about 26% since 2017. 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 Riverbay going up?⌄
The median transacted PSF at Riverbay has risen about 26% between 2017 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Riverbay freehold or leasehold?⌄
Riverbay is 999-year, with approximately 855 years remaining on the lease.
When was Riverbay built and who developed it?⌄
Riverbay obtained TOP in 2014, developed by GREEN BAY PTE LTD, with 147 units across 1 block.
How many units are for sale at Riverbay?⌄
There are 31 units for sale at Riverbay, from S$675k to S$1.35M.
What is the nearest MRT to Riverbay?⌄
The nearest MRT/LRT station to Riverbay is Potong Pasir MRT, about 817 m away (~13 min walk).
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 qualify for Primary 1 (P1) registration priority.