FreeholdCCRDistrict 9 (Singapore River)

Riverside 48

Reviewed by Nathan TangUpdated 8 November 2026Data through Aug 2026 (URA)
Quick Summary

Riverside 48 is a freehold apartment in District 9 (Singapore River) that obtained TOP in 2000, with 70 units across 1 block. Across 114 transactions on record, units have recently transacted around S$1.55M (S$1,870 psf, ~829 sqft). There are 3 units for sale from S$2.00M to S$2.00M.

Key facts about Riverside 48
TenureFreehold
TOP year2000
DeveloperTUAN HUAT DEVELOPMENT PTE LTD
Units70 in 1 block
District and areaDistrict 9 · Singapore River · CCR
Nearest MRTFort Canning MRT, 532 m (~8 min walk)
Latest median psfS$1,870 psf, last 12 URA caveats to Aug 2026
1

What's for sale and for rent at Riverside 48?

Key Takeaway

Riverside 48 has 3 units listed for sale, asking S$2.00M to S$2.00M (median S$2,478 psf), and 28 units for rent at a median of S$4,400 a month.

For sale

3 listings

S$2.00M – S$2.00M

For rent

28 listings

S$4,000 – S$4,800 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom3S$2.00M–S$2.00MS$2,478 psf

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Riverside 48?

Key Takeaway

PropKaki has 3 layouts on record for Riverside 48, all 1-bedroom (689 sqft to 840 sqft).

BedroomsLayoutsSizes
1 Bedroom3689 to 840 sq ft

PropKaki holds no floor plan images for Riverside 48 yet.

See Riverside 48's floor plans — ask PropKaki.Ask PropKakisqm ↔ sq ft converter

Layouts digitised from developer brochures.

3

What is the price and PSF at Riverside 48?

Key Takeaway

Units have recently transacted around S$1.55M (S$1,870 psf), at a gross rental yield of about 2.5% (URA caveat data).

Recent median price

S$1.55M

recent · 114 sales on record

Median PSF

S$1,870 psf

recent transactions

Median rent (monthly)

S$3,200

1,078 rentals on record

Gross rental yield

2.5%

indicative, gross

Units currently for sale are asking a median of S$2,478 psf — about 33% above the most recent transacted PSF.

Source: URA caveat data, through Aug 2026.

4

What has recently sold at Riverside 48?

Key Takeaway

Riverside 48 has 114 recorded sales; the most recent transacted at S$1,750,000 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$1,750,000904S$1,935 psf
Aug 2025S$1,745,000829S$2,105 psf
Dec 2024S$1,850,000904S$2,046 psf
May 2024S$1,400,000721S$1,941 psf
Aug 2021S$1,720,000904S$1,902 psf
May 2021S$1,550,000829S$1,870 psf
Oct 2020S$1,280,000732S$1,749 psf
Jul 2018S$1,226,800689S$1,781 psf
Sept 2014S$1,990,000904S$2,201 psf
Apr 2014S$1,200,000797S$1,507 psf
Jun 2013S$1,550,000904S$1,714 psf
Nov 2012S$1,550,000904S$1,714 psf

114 sales and 1,078 rentals on record since Sept 1997. Source: URA.

5

Are prices at Riverside 48 rising?

Key Takeaway

The median transacted PSF at Riverside 48 has risen 94% over the past 25 years (1999–2024), from S$998 psf to S$1,941 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2024S$1,941 psfS$1.40M2+3.8%
2021S$1,870 psfS$1.55M2+24.1%
2014S$1,507 psfS$1.20M2-6.3%
2012S$1,609 psfS$1.46M2+5.3%
2011S$1,528 psfS$1.20M33+16.6%
2010S$1,310 psfS$1.00M2+15.3%
2009S$1,136 psfS$940k2+30.7%
2006S$869 psfS$730k3+3.8%
2002S$837 psfS$640k2-16.1%
1999S$998 psfS$763k9—

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

6

Is Riverside 48 a good investment?

Key Takeaway

Of 55 units at Riverside 48 that were bought and later resold (bought from 1997, resold up to 2026), 86% sold for more than they were bought for, with a median gain of 30% over a median 13.9-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.5%. Units listed now ask about 33% 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

86%

of 55 resales here

Median gain

30%

gross, before costs

Median hold

13.9 years

bought to resold

Every unit at Riverside 48 with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Riverside 48 and what's nearby?

Key Takeaway

Riverside 48 is located in Singapore River, in the Central Region of Singapore.

Riverside 48 is a freehold apartment completed in 2000. It was developed by TUAN HUAT DEVELOPMENT PTE LTD. The development has 70 residential units. It sits on a land area of 3,284 sqm and has a gross floor area of 9,194 sqm. The plot ratio is 2.8.

RIVERSIDE 48 is located at 48 Robertson Quay, Singapore 238237. It is part of District 09, Orchard / Cairnhill / River Valley, Singapore River. The project falls within the Central Region and the CCR market segment.

The nearest rail connection is Fort Canning MRT, approximately 532m away, around 8 minutes on foot. Nearby amenities include Robertson Walk for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Blk 1 Jalan Kukoh for food options, and Jubilee Park (Fcp) for greenery and recreation.

8

How far is Riverside 48 from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Riverside 48 is Fort Canning MRT, about 532 m away (~8 min walk). 1 school is within 1 km, including 1 primary school.

Getting around

Schools nearby

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

  • River Valley Primary SchoolPrimary schoolwithin 1 km · P1 priority576 m
  • School Of The Arts, SingaporeMixed-level school1.4 km
  • St. Margaret's School (Primary)Primary school1.6 km
  • Alexandra Primary SchoolPrimary school1.7 km
  • Zhangde Primary SchoolPrimary school1.7 km
  • Cantonment Primary SchoolPrimary school1.7 km
  • Gan Eng Seng SchoolSecondary school1.8 km

Shops, food & parks

Mall: Robertson Walk · 223 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 350 mHawker centre: Blk 1 Jalan Kukoh · 300 mPark: Jubilee Park (Fcp) · 623 m

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

9

Who built Riverside 48 and how big is the development?

Key Takeaway

Riverside 48 was developed by TUAN HUAT DEVELOPMENT PTE LTD, with 70 units.

Developer
TUAN HUAT DEVELOPMENT PTE LTD
Blocks
1
Land area
3,284 sqm (35,349 sqft)
Gross floor area
9,194 sqm (98,963 sqft)
Plot ratio
2.80
10

What does it cost to own a unit at Riverside 48?

Key Takeaway

Buying a unit at Riverside 48 (~S$1.55M) needs about S$11,346/mo in income and S$5,220/mo in repayments, after S$47,100 stamp duty and a S$388k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.55M) 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$47,100

BSD, tiered

Downpayment (25%)

S$388k

cash + CPF

Monthly instalment

S$5,220/mo

30y @ 3.5%

Income required

S$11,346/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

11

How many property agents are active around Riverside 48?

Key Takeaway

8,856 CEA-registered agents closed at least one recorded deal in District 9 — where Riverside 48 sits — in the last 12 months, across all property types.

Active agents · 12mo

8,856

District 9 · closed ≥1 deal

Deals on record

69,296

all-time · all property types

Source: CEA public transaction records, attributed to District 9 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Riverside 48? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Riverside 48's own transactions.

PropKaki
Is Riverside 48 a good buy, and what are units selling for?

Recent units at Riverside 48 sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
12

Frequently asked questions about Riverside 48

Is Riverside 48 freehold?⌄

Yes. Riverside 48 is freehold, so ownership does not run out.

How old is Riverside 48?⌄

Riverside 48 was completed (obtained TOP) in 2000, so it is about 26 years old.

Is Riverside 48 a good investment?⌄

Of 55 units at Riverside 48 that were bought and later resold (bought from 1997, resold up to 2026), 86% sold for more than they were bought for, with a median gain of 30% over a median 13.9-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.5%. Units listed now ask about 33% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Riverside 48 an EC?⌄

No. Riverside 48 is a private apartment development, not an executive condominium (EC).

Who is the developer of Riverside 48?⌄

Riverside 48 was developed by TUAN HUAT DEVELOPMENT PTE LTD.

What is the price of a condo at Riverside 48?⌄

Units at Riverside 48 have recently sold for around S$1.55M (S$1,870 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 3 units are listed for sale from S$2.00M to S$2.00M.

Where is Riverside 48 located?⌄

Riverside 48 is at 48 Robertson Quay, Singapore 238237, in Singapore River (District 9). The nearest MRT station is Fort Canning MRT, about 532 m away.

How many units are there in Riverside 48?⌄

Riverside 48 has 70 units in 1 block.

How much do I need to earn to buy at Riverside 48?⌄

For a unit around S$1.55M as a first home, you'd need roughly S$11,346/mo in income (assessed at the stress-test rate), with repayments near S$5,220/mo after a S$388k (25%) downpayment and S$47,100 Buyer's Stamp Duty.

Are prices at Riverside 48 going up?⌄

The median price per square foot at Riverside 48 has risen about 94% between 1999 and 2024, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Riverside 48?⌄

River Valley Primary School is within 1 km of Riverside 48. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.