999-yearRCRDistrict 12 (Kallang)

Riviera 38

Reviewed by Nathan TangUpdated 24 September 2026Data through Apr 2026 (URA)
Quick Summary

Riviera 38 is a 999-year apartment in District 12 (Kallang) that obtained TOP in 2014, with 102 units across 1 block. Across 147 transactions on record, units have recently transacted around S$1.36M (S$1,562 psf, ~883 sqft). There are 18 units for sale from S$900k to S$2.20M. The lease has approximately 855 years remaining.

Key facts about Riviera 38
Tenure999-year leasehold from 1882 (≈855 years left)
TOP year2014
DeveloperEASTWOOD GREEN PTE LTD
Units102 in 1 block
District and areaDistrict 12 · Kallang · RCR
Nearest MRTPotong Pasir MRT, 720 m (~11 min walk)
Latest median psfS$1,562 psf, last 12 URA caveats to Apr 2026
1

What's for sale and for rent at Riviera 38?

Key Takeaway

Riviera 38 has 18 units listed for sale, asking S$900k to S$2.20M (median S$1,682 psf), and 0 units for rent.

For sale

18 listings

S$900k – S$2.20M

For rent

0 listings

no asking rents

BedroomsFor saleAsking priceMedian PSF
1-bedroom3S$900k–S$928k
2-bedroom11S$1.24M–S$1.89MS$1,682 psf
3-bedroom4S$2.20M–S$2.20MS$1,928 psf

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

2

What are the floor plans and unit sizes at Riviera 38?

Key Takeaway

Floor plans for Riviera 38 aren't in PropKaki's library yet. Across 147 URA caveats, units range from 452 sqft to 1,981 sqft, and the middle half are 549 sqft to 883 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom549 sqftS$900k
2-bedroom742 sqft to 883 sqftS$1.24M · S$1,682 psf
3-bedroom1,141 sqftS$2.20M · S$1,928 psf

Check the Floor Plan Finder for Riviera 38 →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Riviera 38?

Key Takeaway

Units have recently transacted around S$1.36M (S$1,562 psf), at a gross rental yield of about 2.1% (URA caveat data).

Recent median price

S$1.36M

recent · 147 sales on record

Median PSF

S$1,562 psf

recent transactions

Median rent (monthly)

S$2,418

382 rentals on record

Gross rental yield

2.1%

indicative, gross

Units currently for sale are asking a median of S$1,682 psf — about 8% above the most recent transacted PSF.

Source: URA caveat data, through Apr 2026.

4

What has recently sold at Riviera 38?

Key Takeaway

Riviera 38 has 147 recorded sales; the most recent transacted at S$1,380,000 in Apr 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Apr 2026S$1,380,000883S$1,563 psf
Mar 2026S$735,888452S$1,628 psf
Nov 2025S$1,250,000743S$1,683 psf
Sept 2025S$1,160,000743S$1,562 psf
Jul 2025S$880,000549S$1,603 psf
Jul 2025S$720,000549S$1,312 psf
May 2025S$1,380,000883S$1,563 psf
Nov 2024S$1,881,5001,141S$1,649 psf
Aug 2024S$1,360,000883S$1,541 psf
Apr 2024S$1,758,8881,141S$1,542 psf
Jul 2023S$1,680,0001,141S$1,472 psf
Mar 2023S$1,765,0001,141S$1,547 psf

147 sales and 382 rentals on record since Oct 2011. Source: URA.

5

Are prices at Riviera 38 rising?

Key Takeaway

The median transacted PSF at Riviera 38 has risen 30% over the past 9 years (20172026), from S$1,201 psf to S$1,563 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,563 psfS$736k2+0.0%
2025S$1,563 psfS$1.16M5+1.4%
2024S$1,542 psfS$1.76M3+4.8%
2023S$1,472 psfS$1.68M2+3.7%
2022S$1,420 psfS$1.07M4-0.1%
2021S$1,421 psfS$820k7+12.5%
2020S$1,263 psfS$945k5+1.4%
2019S$1,245 psfS$625k4-9.2%
2018S$1,371 psfS$788k5+14.2%
2017S$1,201 psfS$733k10

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

6

Is Riviera 38 a good investment?

Key Takeaway

Of 47 units at Riviera 38 that were bought and later resold (bought from 2011, resold up to 2026), 100% sold for more than they were bought for, with a median gain of 18% over a median 7.6-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.1%. Units listed now ask about 8% 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

100%

of 47 resales here

Median gain

18%

gross, before costs

Median hold

7.6 years

bought to resold

Every unit at Riviera 38 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 Riviera 38 and what's nearby?

Key Takeaway

Riviera 38 is located in Kallang, in the Central Region of Singapore.

Riviera 38 is a 999-year apartment completed in 2014. It was developed by EASTWOOD GREEN PTE LTD. The development has 102 residential units. It sits on a land area of 2,789 sqm and has a gross floor area of 7,816 sqm. The plot ratio is 2.8.

RIVIERA 38 is located at 38 Mar Thoma Road, Singapore 328712. 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 720m away, around 11 minutes on foot. Nearby amenities include The Poiz Centre for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blk 29 Bendemeer Road for food options, and Mar Thoma Road Park for greenery and recreation. Facilities in the development include Barbeque Area, Gymnasium room, Jacuzzi, Playground, and Swimming pool.

8

How far is Riviera 38 from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Riviera 38 is Potong Pasir MRT, about 720 m away (~11 min walk). 6 schools are within 1 km, including 3 primary schools.

Getting around

Schools nearby

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

  • St Andrew's School (Junior)Primary schoolwithin 1 km · P1 priority408 m
  • St Andrew's School (Secondary)Secondary schoolwithin 1 km422 m
  • Bendemeer Secondary SchoolSecondary schoolwithin 1 km479 m
  • St Andrew's Junior CollegeJunior collegewithin 1 km549 m
  • Bendemeer Primary SchoolPrimary schoolwithin 1 km · P1 priority735 m
  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority960 m
  • Northlight SchoolSecondary school1.3 km
  • Cedar Girls' Secondary SchoolSecondary school1.3 km

Shops, food & parks

Mall: The Poiz Centre · 648 mSupermarket: NTUC Fairprice Co-operative Ltd · 648 mHawker centre: Blk 29 Bendemeer Road · 992 mPark: Mar Thoma Road Park · 181 m

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

9

Who built Riviera 38 and how big is the development?

Key Takeaway

Riviera 38 was developed by EASTWOOD GREEN PTE LTD, designed by P & T CONSULTANTS PTE LTD, with 102 units.

Developer
EASTWOOD GREEN PTE LTD
Architect
P & T CONSULTANTS PTE LTD
Main contractor
CHINA CONSTRUCTION (SOUTH PACIFIC) DEVELOPMENT CO PTE LTD
Blocks
1
Land area
2,789 sqm (30,021 sqft)
Gross floor area
7,816 sqm (84,131 sqft)
Plot ratio
2.80
10

What facilities does Riviera 38 have?

Key Takeaway

Riviera 38 has 5 facilities, including Barbeque Area, Gymnasium room, Jacuzzi, Playground, and more.

Barbeque AreaGymnasium roomJacuzziPlaygroundSwimming pool
11

What does it cost to own a unit at Riviera 38?

Key Takeaway

Buying a unit at Riviera 38 (~S$1.36M) needs about S$9,956/mo in income and S$4,580/mo in repayments, after S$39,000 stamp duty and a S$340k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.36M) 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$39,000

BSD, tiered

Downpayment (25%)

S$340k

cash + CPF

Monthly instalment

S$4,580/mo

30y @ 3.5%

Income required

S$9,956/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Riviera 38?

Key Takeaway

6,318 CEA-registered agents closed at least one recorded deal in District 12 — where Riviera 38 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.

Keep going in the PropKaki app

Thinking about Riviera 38? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Riviera 38's own transactions.

PropKaki
Is Riviera 38 a good buy, and what are units selling for?

Recent units at Riviera 38 sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
13

Frequently asked questions about Riviera 38

Is Riviera 38 freehold?

No. Riviera 38 is on a 999-year lease that started in 1882, with about 855 years left.

How old is Riviera 38?

Riviera 38 was completed (obtained TOP) in 2014, so it is about 12 years old.

Is Riviera 38 a good investment?

Of 47 units at Riviera 38 that were bought and later resold (bought from 2011, resold up to 2026), 100% sold for more than they were bought for, with a median gain of 18% over a median 7.6-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.1%. Units listed now ask about 8% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Riviera 38 an EC?

No. Riviera 38 is a private apartment development, not an executive condominium (EC).

Who is the developer of Riviera 38?

Riviera 38 was developed by EASTWOOD GREEN PTE LTD.

What is the price of a condo at Riviera 38?

Units at Riviera 38 have recently sold for around S$1.36M (S$1,562 psf), the median of the last 12 URA caveats to Apr 2026. The price depends on size, floor and facing. 18 units are listed for sale from S$900k to S$2.20M.

Where is Riviera 38 located?

Riviera 38 is at 38 Mar Thoma Road, Singapore 328712, in Kallang (District 12). The nearest MRT station is Potong Pasir MRT, about 720 m away.

How many units are there in Riviera 38?

Riviera 38 has 102 units in 1 block.

How much do I need to earn to buy at Riviera 38?

For a unit around S$1.36M as a first home, you'd need roughly S$9,956/mo in income (assessed at the stress-test rate), with repayments near S$4,580/mo after a S$340k (25%) downpayment and S$39,000 Buyer's Stamp Duty.

Are prices at Riviera 38 going up?

The median price per square foot at Riviera 38 has risen about 30% 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 Riviera 38?

St Andrew's School (Junior), Bendemeer Primary School, Hong Wen School are within 1 km of Riviera 38. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.