FreeholdCCRDistrict 9 (Singapore River)

Riverside 48

Reviewed by Nathan TangUpdated 10 August 2026Data through Aug 2025 (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 113 transactions on record, units have recently transacted around S$1.55M (S$1,781 psf, ~829 sqft). There are 8 units for sale from S$1.78M to S$2.00M.

1

What are the key facts about Riverside 48?

Key Takeaway

Riverside 48 is a freehold apartment in District 9 (Singapore River) that obtained TOP in 2000, with 70 units across 1 block.

Tenure
Freehold
TOP / Completion
2000
Developer
TUAN HUAT DEVELOPMENT PTE LTD
Total units
70
Blocks
1
District / Area
District 9 (Singapore River)
Market segment
CCR
Median PSF
S$1,781 psf
Last transacted
Aug 2025
Remaining lease
Freehold
2

What is the price and PSF at Riverside 48?

Key Takeaway

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

1,063 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.

3

What has recently sold at Riverside 48?

Key Takeaway

Riverside 48 has 113 recorded sales; the most recent transacted at S$1,745,000 in Aug 2025 (URA caveat data).

DatePriceSize (sqft)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
Oct 2012S$1,455,000904S$1,609 psf

113 sales and 1,063 rentals on record since Sept 1997. Source: URA.

4

Are prices at Riverside 48 rising?

Key Takeaway

The median transacted PSF at Riverside 48 has risen 94% over the past 25 years (19992024), 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.

5

How many property agents are active around Riverside 48?

Key Takeaway

8,302 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

8,302

District 9 · closed ≥1 deal

Deals on record

67,330

all-time · all property types

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

6

What bedroom types are available at Riverside 48?

Key Takeaway

Riverside 48 has 8 units listed for sale, spanning 0–1-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
0-bedroom1S$1.80M–S$1.80M
1-bedroom7S$1.78M–S$2.00MS$2,478 psf
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

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
9

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.

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

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 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…
11

Frequently asked questions about Riverside 48

How much does a unit at Riverside 48 cost?

Units at Riverside 48 have recently transacted around S$1.55M (S$1,781 psf), from 113 sales on record (URA caveats). The exact price depends on size, floor and facing.

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.

Is Riverside 48 a good investment?

Gross rental yield is about 2.5%, and current asking prices sit about 39% above the most recent transacted PSF; median PSF has risen about 94% since 1999. 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 Riverside 48 going up?

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

Is Riverside 48 freehold or leasehold?

Riverside 48 is freehold — ownership does not expire.

When was Riverside 48 built and who developed it?

Riverside 48 obtained TOP in 2000, developed by TUAN HUAT DEVELOPMENT PTE LTD, with 70 units across 1 block.

How many units are for sale at Riverside 48?

There are 8 units for sale at Riverside 48, from S$1.78M to S$2.00M.

What is the nearest MRT to Riverside 48?

The nearest MRT/LRT station to Riverside 48 is Fort Canning MRT, about 532 m away (~8 min walk).

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 qualify for Primary 1 (P1) registration priority.

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