HDBOCRSengkang

Block 128 Rivervale St

128 Rivervale St, Singapore 540128

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 2026 (HDB)
Quick Summary

Block 128 Rivervale St is an HDB block in Sengkang, completed in 1998, with 119 dwelling units. Across 83 resales on record, 5-Room flats have recently resold around S$560k (S$462 psf, 101 sqm). The lease has approximately 72 years remaining.

1

What are the key facts about Block 128 Rivervale St?

Key Takeaway

Block 128 Rivervale St is an HDB block in Sengkang, completed in 1998, with 119 dwelling units.

Town
Sengkang
Planning area
Sengkang
Completed
1998
Storeys
16
Total units
119
Flat model
Improved · Model A
Market segment
OCR
Median resale
S$560k
Last transacted
Jul 2026
Remaining lease
≈ 72 years
2

What are resale prices at Block 128 Rivervale St?

Key Takeaway

5-Room flats have recently resold around S$560k (S$462 psf), from 83 resales on record (HDB caveat data).

Flat typeResalesMedian priceSizePSF
4-Room39S$430,000recent100 sqmS$399 psf
5-Room44S$488,000recent121 sqmS$378 psf

Live now: 8 flats listed for sale at this block (median asking S$580k) and 4 for rent search all listings.

“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 Jul 2026.

3

What rent and yield does Block 128 Rivervale St get?

Key Takeaway

Flats at Block 128 Rivervale St have recently sublet for a median of S$3,100/mo, an indicative gross rental yield of about 6.6% (from 13 recent rental contracts).

Median rent

S$3,100/mo

13 recent contracts

Gross rental yield

6.6%

indicative, gross

Annual rent

S$37,200

median × 12 months

Flat typeContractsMedian rent
4-Room5S$3,000/mo
5-Room8S$3,100/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 Jun 2026. Source: HDB rental (subletting) data.

4

What has recently sold at Block 128 Rivervale St?

Key Takeaway

Block 128 Rivervale St has 83 recorded resales; the most recent transacted at S$720,000 in Jul 2026 (HDB caveat data).

DateFlat typeStoreySizePrice
Jul 20265-Room07 TO 09121 sqmS$720,000
Apr 20264-Room13 TO 15100 sqmS$585,000
Apr 20265-Room04 TO 06120 sqmS$630,000
Feb 20264-Room07 TO 09100 sqmS$560,000
Dec 20244-Room04 TO 06101 sqmS$618,000
Dec 20234-Room13 TO 15100 sqmS$530,000
Dec 20235-Room04 TO 06120 sqmS$595,000
Oct 20235-Room10 TO 12121 sqmS$598,888
Dec 20224-Room04 TO 06100 sqmS$497,000
Sept 20225-Room01 TO 03121 sqmS$518,000
Aug 20225-Room07 TO 09121 sqmS$528,000
May 20224-Room07 TO 09100 sqmS$460,000
5

What flat types are in Block 128 Rivervale St?

Key Takeaway

Block 128 Rivervale St has 119 units, mostly 5-Room flats of the Improved / Model A model.

Unit stock by flat type, from the HDB property information dataset.

5-Room: 604-Room: 59
6

Where is Block 128 Rivervale St?

Key Takeaway

Block 128 Rivervale St is an HDB block in Sengkang.

Block 128 Rivervale St is an HDB block located along Rivervale St. The block is recorded as completed around 1998, with up to 16 storeys. It has an estimated 119 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 128 Rivervale St, Singapore 540128. 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 Rumbia LRT, approximately 381m away, around 6 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, Sengkang Polyclinic for polyclinic services, and Rivervale Community Centre for community facilities.

7

How far is Block 128 Rivervale St from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Block 128 Rivervale St is Rumbia LRT, about 381 m away (~6 min walk). 8 schools are within 1 km, including 5 primary schools.

Getting around

Schools nearby

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

  • Chij St. Joseph's ConventSecondary schoolwithin 1 km143 m
  • Seng Kang Primary SchoolPrimary schoolwithin 1 km · P1 priority343 m
  • Rivervale Primary SchoolPrimary schoolwithin 1 km · P1 priority386 m
  • North Spring Primary SchoolPrimary schoolwithin 1 km · P1 priority386 m
  • Seng Kang Secondary SchoolSecondary schoolwithin 1 km647 m
  • Compassvale Primary SchoolPrimary schoolwithin 1 km · P1 priority698 m
  • Compassvale Secondary SchoolSecondary schoolwithin 1 km703 m
  • Mee Toh SchoolPrimary schoolwithin 1 km · P1 priority801 m

Shops, food & parks

Mall: Rivervale Mall · 275 mSupermarket: NTUC Fairprice Co-operative Ltd · 275 mPark: St Anne'S Wood Pg · 173 m

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

8

What does it cost to buy a flat at Block 128 Rivervale St?

Key Takeaway

Buying a flat at Block 128 Rivervale St (~S$560k) needs about S$4,464/mo in income and S$2,103/mo in repayments, after S$11,400 stamp duty and a S$140k downpayment.

Illustrative, for a buyer at the recent median resale price (S$560k) — 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$11,400

BSD, tiered

Downpayment (25%)

S$140k

cash + CPF

Monthly instalment

S$2,103/mo

25y @ 3.5%

Income required

S$4,464/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? →

Keep going in the PropKaki app

Eyeing Block 128 Rivervale St? Ask what it's worth.

Recent transacted prices, what's nearby, and whether an asking price is fair.

PropKaki
What have flats at Block 128 Rivervale St sold for recently?

Recent sales at Block 128 Rivervale St land close to the town median — fair value, no big premium.

Ask anything about Singapore property…
9

Frequently asked questions about Block 128 Rivervale St

How much does a 5-Room flat at Block 128 Rivervale St cost?

5-Room flats at Block 128 Rivervale St have recently resold for a median of about S$560k (S$462 psf), from 83 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.

What are resale prices at Block 128 Rivervale St by flat type?

4-Room ≈ S$430k; 5-Room ≈ S$488k (median resale, HDB caveats).

Is Block 128 Rivervale St worth buying given its remaining lease?

Block 128 Rivervale St has about 72 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 128 Rivervale St?

Gross rental yield at Block 128 Rivervale St is about 6.6%, based on a median subletting rent of about S$3,100/mo against a resale price of about S$560k. 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 128 Rivervale St?

For a flat at about S$560k on a 25-year HDB-style loan, you'd need roughly S$4,464/mo in household income, with repayments around S$2,103/mo after a S$140k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.

What is the nearest MRT to Block 128 Rivervale St?

The nearest MRT/LRT station to Block 128 Rivervale St is Rumbia LRT, about 381 m away (~6 min walk).

Which primary schools are within 1 km of Block 128 Rivervale St?

Seng Kang Primary School, Rivervale Primary School, North Spring Primary School, Compassvale Primary School are within 1 km of Block 128 Rivervale St — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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