Riverside 48
Riverside 48 is a freehold apartment in District 9 (Singapore River) that obtained TOP in 2000, with 70 units across 1 block. Across 113 transactions on record, units have recently transacted around S$1.55M (S$1,781 psf, ~829 sqft). There are 4 units for sale from S$1.80M to S$2.00M.
| Tenure | Freehold |
|---|---|
| TOP year | 2000 |
| Developer | TUAN HUAT DEVELOPMENT PTE LTD |
| Units | 70 in 1 block |
| District and area | District 9 · Singapore River · CCR |
| Nearest MRT | Fort Canning MRT, 532 m (~8 min walk) |
| Latest median psf | S$1,781 psf, last 12 URA caveats to Aug 2025 |
What's for sale and for rent at Riverside 48?
Riverside 48 has 4 units listed for sale, asking S$1.80M to S$2.00M (median S$2,478 psf), and 62 units for rent at a median of S$4,400 a month.
For sale
4 listings
S$1.80M – S$2.00M
For rent
62 listings
S$4,000 – S$4,800 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 1-bedroom | 3 | S$2.00M–S$2.00M | S$2,478 psf |
| Unspecified | 1 | S$1.80M–S$1.80M | — |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Riverside 48?
Floor plans for Riverside 48 aren't in PropKaki's library yet. Across 113 URA caveats, units range from 678 sqft to 904 sqft, and the middle half are 732 sqft to 850 sqft.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 1-bedroom | 807 sqft | S$2.00M · S$2,478 psf |
Check the Floor Plan Finder for Riverside 48 →
Unit sizes from URA caveats. Listed sizes from current property listings.
What is the price and PSF at Riverside 48?
Units have recently transacted around S$1.55M (S$1,781 psf), at a gross rental yield of about 2.5% (URA caveat data).
Recent median price
S$1.55M
recent · 113 sales on record
Median PSF
S$1,781 psf
recent transactions
Median rent (monthly)
S$3,200
1,067 rentals on record
Gross rental yield
2.5%
indicative, gross
Units currently for sale are asking a median of S$2,478 psf — about 39% above the most recent transacted PSF.
Source: URA caveat data, through Aug 2025.
What has recently sold at Riverside 48?
Riverside 48 has 113 recorded sales; the most recent transacted at S$1,745,000 in Aug 2025 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Aug 2025 | S$1,745,000 | 829 | S$2,105 psf |
| Dec 2024 | S$1,850,000 | 904 | S$2,046 psf |
| May 2024 | S$1,400,000 | 721 | S$1,941 psf |
| Aug 2021 | S$1,720,000 | 904 | S$1,902 psf |
| May 2021 | S$1,550,000 | 829 | S$1,870 psf |
| Oct 2020 | S$1,280,000 | 732 | S$1,749 psf |
| Jul 2018 | S$1,226,800 | 689 | S$1,781 psf |
| Sept 2014 | S$1,990,000 | 904 | S$2,201 psf |
| Apr 2014 | S$1,200,000 | 797 | S$1,507 psf |
| Jun 2013 | S$1,550,000 | 904 | S$1,714 psf |
| Nov 2012 | S$1,550,000 | 904 | S$1,714 psf |
| Oct 2012 | S$1,455,000 | 904 | S$1,609 psf |
113 sales and 1,067 rentals on record since Sept 1997. Source: URA.
Are prices at Riverside 48 rising?
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).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2024 | S$1,941 psf | S$1.40M | 2 | +3.8% |
| 2021 | S$1,870 psf | S$1.55M | 2 | +24.1% |
| 2014 | S$1,507 psf | S$1.20M | 2 | -6.3% |
| 2012 | S$1,609 psf | S$1.46M | 2 | +5.3% |
| 2011 | S$1,528 psf | S$1.20M | 33 | +16.6% |
| 2010 | S$1,310 psf | S$1.00M | 2 | +15.3% |
| 2009 | S$1,136 psf | S$940k | 2 | +30.7% |
| 2006 | S$869 psf | S$730k | 3 | +3.8% |
| 2002 | S$837 psf | S$640k | 2 | -16.1% |
| 1999 | S$998 psf | S$763k | 9 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
Is Riverside 48 a good investment?
Of 54 units at Riverside 48 that were bought and later resold (bought from 1997, resold up to 2025), 85% 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 39% 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
85%
of 54 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 →
Where is Riverside 48 and what's nearby?
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.
How far is Riverside 48 from MRT and schools?
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
- Fort Canning MRT532 m · ~8 min
- Havelock MRT742 m · ~12 min
- Great World MRT755 m · ~12 min
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
Straight-line distances from the development. Source: PropKaki amenities data.
Who built Riverside 48 and how big is the development?
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
What does it cost to own a unit at Riverside 48?
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
How many property agents are active around Riverside 48?
8,303 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
8,303
District 9 · closed ≥1 deal
Deals on record
67,358
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.
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.
PropKakiRecent units at Riverside 48 sold close to their fair value — solid, no obvious overpay.
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 54 units at Riverside 48 that were bought and later resold (bought from 1997, resold up to 2025), 85% 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 39% 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$1,781 psf), the median of the last 12 URA caveats to Aug 2025. The price depends on size, floor and facing. 4 units are listed for sale from S$1.80M 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.