Block 123B Rivervale Dr
123B Rivervale Dr, Singapore 542123
Block 123B Rivervale Dr is an HDB block in Sengkang, completed in 1998, with 96 dwelling units. Across 51 resales on record, 5-Room flats have recently resold around S$514k (S$416 psf, 115 sqm). The lease has approximately 73 years remaining.
What are the key facts about Block 123B Rivervale Dr?
Block 123B Rivervale Dr is an HDB block in Sengkang, completed in 1998, with 96 dwelling units.
- Town
- Sengkang
- Planning area
- Sengkang
- Completed
- 1998
- Storeys
- 17
- Total units
- 96
- Flat model
- Improved · Model A
- Market segment
- OCR
- Median resale
- S$514k
- Last transacted
- May 2025
- Remaining lease
- ≈ 73 years
What are resale prices at Block 123B Rivervale Dr?
5-Room flats have recently resold around S$514k (S$416 psf), from 51 resales on record (HDB caveat data).
| Flat type | Resales | Median price | Size | PSF |
|---|---|---|---|---|
| 4-Room | 19 | S$395,000recent | 101 sqm | S$360 psf |
| 5-Room | 32 | S$470,000recent | 115 sqm | S$376 psf |
“Recent” medians use the latest transactions; for older blocks the all-time median spans 30+ years and understates today’s price. Source: HDB resale caveats, through May 2025.
What rent and yield does Block 123B Rivervale Dr get?
Flats at Block 123B Rivervale Dr have recently sublet for a median of S$3,100/mo, an indicative gross rental yield of about 7.2% (from 17 recent rental contracts).
Median rent
S$3,100/mo
17 recent contracts
Gross rental yield
7.2%
indicative, gross
Annual rent
S$37,200
median × 12 months
| Flat type | Contracts | Median rent |
|---|---|---|
| 5-Room | 15 | S$3,000/mo |
HDB subletting requires the flat owner to have met the 5-year Minimum Occupation Period (MOP), so the rental sample per block is small — treat the yield as indicative. Latest contract Mar 2026. Source: HDB rental (subletting) data.
What has recently sold at Block 123B Rivervale Dr?
Block 123B Rivervale Dr has 51 recorded resales; the most recent transacted at S$590,000 in May 2025 (HDB caveat data).
| Date | Flat type | Storey | Size | Price |
|---|---|---|---|---|
| May 2025 | 4-Room | 04 TO 06 | 101 sqm | S$590,000 |
| Jul 2024 | 5-Room | 01 TO 03 | 115 sqm | S$588,000 |
| Oct 2023 | 4-Room | 13 TO 15 | 101 sqm | S$513,888 |
| Aug 2023 | 5-Room | 04 TO 06 | 116 sqm | S$595,000 |
| Jan 2023 | 5-Room | 13 TO 15 | 115 sqm | S$590,000 |
| Dec 2022 | 4-Room | 10 TO 12 | 101 sqm | S$498,000 |
| Jul 2022 | 5-Room | 04 TO 06 | 115 sqm | S$510,000 |
| Feb 2022 | 5-Room | 16 TO 18 | 116 sqm | S$515,000 |
| Feb 2022 | 5-Room | 13 TO 15 | 115 sqm | S$515,000 |
| Jun 2021 | 5-Room | 04 TO 06 | 116 sqm | S$470,000 |
| Apr 2021 | 5-Room | 10 TO 12 | 115 sqm | S$445,000 |
| Oct 2020 | 4-Room | 04 TO 06 | 102 sqm | S$395,000 |
What flat types are in Block 123B Rivervale Dr?
Block 123B Rivervale Dr has 96 units, mostly 5-Room flats of the Improved / Model A model.
Unit stock by flat type, from the HDB property information dataset.
Where is Block 123B Rivervale Dr?
Block 123B Rivervale Dr is an HDB block in Sengkang.
Block 123B Rivervale Dr is an HDB block located along Rivervale Dr. The block is recorded as completed around 1998, with up to 17 storeys. It has an estimated 96 residential units based on the HDB property information dataset. Flat types in the block include 4-room and 5-room units.
The address is Block 123B Rivervale Dr, Singapore 542123. It is part of District 19, Serangoon Garden / Hougang / Punggol, the Sengkang planning area. The block falls within the North-East Region and the OCR market segment.
The nearest rail connection is Kangkar LRT, approximately 250m away, around 4 minutes on foot. Nearby amenities include Rivervale Mall for shopping, NTUC Fairprice Co-operative Ltd for groceries, St Anne'S Wood Pg for greenery and recreation, and Rivervale Community Centre for community facilities.
How far is Block 123B Rivervale Dr from MRT and schools?
The nearest MRT/LRT to Block 123B Rivervale Dr is Kangkar LRT, about 251 m away (~4 min walk). 7 schools are within 1 km, including 4 primary schools.
Getting around
- Kangkar LRT251 m · ~4 min
- Bakau LRT371 m · ~6 min
- Ranggung LRT641 m · ~10 min
Schools nearby
Flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- North Spring Primary SchoolPrimary schoolwithin 1 km · P1 priority118 m
- Seng Kang Secondary SchoolSecondary schoolwithin 1 km475 m
- Seng Kang Primary SchoolPrimary schoolwithin 1 km · P1 priority487 m
- Chij St. Joseph's ConventSecondary schoolwithin 1 km620 m
- North Vista Secondary SchoolSecondary schoolwithin 1 km678 m
- North Vista Primary SchoolPrimary schoolwithin 1 km · P1 priority829 m
- Rivervale Primary SchoolPrimary schoolwithin 1 km · P1 priority833 m
- Compassvale Primary SchoolPrimary school1.1 km
Shops, food & parks
Straight-line distances from the block. Source: PropKaki amenities data.
What does it cost to buy a flat at Block 123B Rivervale Dr?
Buying a flat at Block 123B Rivervale Dr (~S$514k) needs about S$4,097/mo in income and S$1,929/mo in repayments, after S$10,017 stamp duty and a S$128k downpayment.
Illustrative, for a buyer at the recent median resale price (S$514k) — 25% downpayment (bank-loan basis), 25-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$10,017
BSD, tiered
Downpayment (25%)
S$128k
cash + CPF
Monthly instalment
S$1,929/mo
25y @ 3.5%
Income required
S$4,097/mo
MSR/TDSR @ stress rate
First-time HDB buyers pay no Additional Buyer’s Stamp Duty (ABSD) and may qualify for CPF Housing Grants of up to S$80,000+, which lower the cash required — these are not included above. An HDB concessionary loan also allows a smaller downpayment.
Wondering whether it will hold its value? See do HDB flats actually make money? →
Eyeing Block 123B Rivervale Dr? Ask what it's worth.
Recent transacted prices, what's nearby, and whether an asking price is fair.
PropKakiRecent sales at Block 123B Rivervale Dr land close to the town median — fair value, no big premium.
Frequently asked questions about Block 123B Rivervale Dr
How much does a 5-Room flat at Block 123B Rivervale Dr cost?⌄
5-Room flats at Block 123B Rivervale Dr have recently resold for a median of about S$514k (S$416 psf), from 51 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.
What are resale prices at Block 123B Rivervale Dr by flat type?⌄
4-Room ≈ S$395k; 5-Room ≈ S$470k (median resale, HDB caveats).
Is Block 123B Rivervale Dr worth buying given its remaining lease?⌄
Block 123B Rivervale Dr has about 73 years left on its 99-year lease (completed 1998). That's a long runway, so CPF usage and bank financing are generally unrestricted. The figure is taken from the most recent transacted flat.
What is the rental yield at Block 123B Rivervale Dr?⌄
Gross rental yield at Block 123B Rivervale Dr is about 7.2%, based on a median subletting rent of about S$3,100/mo against a resale price of about S$514k. HDB subletting requires the owner to have met the 5-year MOP, so the per-block sample is small — treat this as indicative.
How much do I need to earn to buy a flat at Block 123B Rivervale Dr?⌄
For a flat at about S$514k on a 25-year HDB-style loan, you'd need roughly S$4,097/mo in household income, with repayments around S$1,929/mo after a S$128k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.
What is the nearest MRT to Block 123B Rivervale Dr?⌄
The nearest MRT/LRT station to Block 123B Rivervale Dr is Kangkar LRT, about 251 m away (~4 min walk).
Which primary schools are within 1 km of Block 123B Rivervale Dr?⌄
North Spring Primary School, Seng Kang Primary School, North Vista Primary School, Rivervale Primary School are within 1 km of Block 123B Rivervale Dr — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.