HDBOCRSengkang

Block 138 Rivervale St

138 Rivervale St, Singapore 540138

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2024 (HDB)
Quick Summary

Block 138 Rivervale St is an HDB block in Sengkang, completed in 1997, with 63 dwelling units. Across 45 resales on record, Executive flats have recently resold around S$655k (S$435 psf, 141 sqm). The lease has approximately 73 years remaining.

1

What are the key facts about Block 138 Rivervale St?

Key Takeaway

Block 138 Rivervale St is an HDB block in Sengkang, completed in 1997, with 63 dwelling units.

Town
Sengkang
Planning area
Sengkang
Completed
1997
Storeys
17
Total units
63
Flat model
Apartment
Market segment
OCR
Median resale
S$655k
Last transacted
Dec 2024
Remaining lease
≈ 73 years
2

What are resale prices at Block 138 Rivervale St?

Key Takeaway

Executive flats have recently resold around S$655k (S$435 psf), from 45 resales on record (HDB caveat data).

Flat typeResalesMedian priceSizePSF
Executive45S$655,000recent141 sqmS$435 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 Dec 2024.

3

What rent and yield does Block 138 Rivervale St get?

Key Takeaway

Flats at Block 138 Rivervale St have recently sublet for a median of S$2,500/mo, an indicative gross rental yield of about 4.6% (from 9 recent rental contracts).

Median rent

S$2,500/mo

9 recent contracts

Gross rental yield

4.6%

indicative, gross

Annual rent

S$30,000

median × 12 months

Flat typeContractsMedian rent
Executive9S$2,500/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 Apr 2026. Source: HDB rental (subletting) data.

4

What has recently sold at Block 138 Rivervale St?

Key Takeaway

Block 138 Rivervale St has 45 recorded resales; the most recent transacted at S$880,000 in Dec 2024 (HDB caveat data).

DateFlat typeStoreySizePrice
Dec 2024Executive10 TO 12141 sqmS$880,000
Oct 2024Executive10 TO 12141 sqmS$840,000
Mar 2024Executive16 TO 18142 sqmS$838,000
Aug 2022Executive01 TO 03141 sqmS$650,000
Feb 2022Executive04 TO 06141 sqmS$655,000
Jan 2022Executive07 TO 09141 sqmS$680,000
Nov 2021Executive13 TO 15141 sqmS$690,000
Nov 2021Executive04 TO 06140 sqmS$655,000
Jul 2021Executive10 TO 12140 sqmS$680,000
Apr 2021Executive04 TO 06140 sqmS$600,000
Oct 2020Executive01 TO 03141 sqmS$550,000
Oct 2020Executive10 TO 12141 sqmS$618,000
5

What flat types are in Block 138 Rivervale St?

Key Takeaway

Block 138 Rivervale St has 63 units, mostly Executive flats of the Apartment model.

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

Executive: 63
6

Where is Block 138 Rivervale St?

Key Takeaway

Block 138 Rivervale St is an HDB block in Sengkang.

Block 138 Rivervale St is an HDB block located along Rivervale St. The block is recorded as completed around 1997, with up to 17 storeys. It has an estimated 63 residential units based on the HDB property information dataset. Flat types in the block include executive units.

The address is Block 138 Rivervale St, Singapore 540138. 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 Bakau LRT, approximately 114m away, around 2 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.

7

How far is Block 138 Rivervale St from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Block 138 Rivervale St is Bakau LRT, about 114 m away (~2 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.

  • North Spring Primary SchoolPrimary schoolwithin 1 km · P1 priority236 m
  • Chij St. Joseph's ConventSecondary schoolwithin 1 km421 m
  • Rivervale Primary SchoolPrimary schoolwithin 1 km · P1 priority530 m
  • Seng Kang Primary SchoolPrimary schoolwithin 1 km · P1 priority548 m
  • Seng Kang Secondary SchoolSecondary schoolwithin 1 km732 m
  • Mee Toh SchoolPrimary schoolwithin 1 km · P1 priority798 m
  • Compassvale Secondary SchoolSecondary schoolwithin 1 km989 m
  • Compassvale Primary SchoolPrimary schoolwithin 1 km · P1 priority995 m

Shops, food & parks

Mall: Rivervale Mall · 396 mSupermarket: NTUC Fairprice Co-operative Ltd · 396 mPark: St Anne'S Wood Pg · 348 m

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

8

What does it cost to buy a flat at Block 138 Rivervale St?

Key Takeaway

Buying a flat at Block 138 Rivervale St (~S$655k) needs about S$5,221/mo in income and S$2,459/mo in repayments, after S$14,250 stamp duty and a S$164k downpayment.

Illustrative, for a buyer at the recent median resale price (S$655k) — 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$14,250

BSD, tiered

Downpayment (25%)

S$164k

cash + CPF

Monthly instalment

S$2,459/mo

25y @ 3.5%

Income required

S$5,221/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 138 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 138 Rivervale St sold for recently?

Recent sales at Block 138 Rivervale St land close to the town median — fair value, no big premium.

Ask anything about Singapore property…
9

Frequently asked questions about Block 138 Rivervale St

How much does a Executive flat at Block 138 Rivervale St cost?

Executive flats at Block 138 Rivervale St have recently resold for a median of about S$655k (S$435 psf), from 45 resales on record (HDB caveats). The exact price depends on the flat type, floor and remaining lease.

Is Block 138 Rivervale St worth buying given its remaining lease?

Block 138 Rivervale St has about 73 years left on its 99-year lease (completed 1997). 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 138 Rivervale St?

Gross rental yield at Block 138 Rivervale St is about 4.6%, based on a median subletting rent of about S$2,500/mo against a resale price of about S$655k. 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 138 Rivervale St?

For a flat at about S$655k on a 25-year HDB-style loan, you'd need roughly S$5,221/mo in household income, with repayments around S$2,459/mo after a S$164k downpayment. First-timer grants of up to S$80,000+ (not included) lower the cash needed.

What is the nearest MRT to Block 138 Rivervale St?

The nearest MRT/LRT station to Block 138 Rivervale St is Bakau LRT, about 114 m away (~2 min walk).

Which primary schools are within 1 km of Block 138 Rivervale St?

North Spring Primary School, Rivervale Primary School, Seng Kang Primary School, Mee Toh School are within 1 km of Block 138 Rivervale St — flats within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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