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Riversails

Condominium · District 19 (Serangoon Gardens / Hougang / Punggol) · Outside Central Region · 99-year lease (84 yrs left) · Updated Aug 2026

Riversails is a 99-year lease (84 yrs left) condominium development in District 19 (Serangoon Gardens / Hougang / Punggol). It has 217 recorded private transactions. Latest sale: $3,108,000 (Aug 2026, 245 sqm, floors 16-20). Median $1,362/sqft. Prices up 29.1% over the period. 84 years lease remaining.

Latest Sale
$3,108,000
Aug 2026 · 245 sqm
Median Price
$1,362/sqft
$1,265,000 typical unit
Transactions
217
$907–$1,642 psf
Price Trend
▲ 29.1%
~5.3% a year

Where Riversails ranks in District 19

All 142 projects ›
Median psf
Top 58%
#83 / 142 Top 58%
Typical unit price
Top 69%
#98 / 142 Top 69%
Most recent sale
Top 3%
#4 / 142 Top 3%
Price growth
Top 40%
#51 / 127 Top 40%

Median psf over time

Estimate a unit at Riversails

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +5.3%/yr
Lease decay −0.21%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

84 yrs
Remaining lease
0.21%
Annual decay (Bala's Table)
2011
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.21% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,280 46
06-10 $1,384 71
11-15 $1,383 60
16-20 $1,333 40

Recent transactions

DateFloorType AreaPricepsf
Aug 2026 16-20 Resale 245 sqm $3,108,000 $1,179
Aug 2026 11-15 Resale 85 sqm $1,380,000 $1,508
Jul 2026 16-20 Resale 96 sqm $1,660,000 $1,606
Jul 2026 06-10 Resale 103 sqm $1,688,000 $1,523
Jul 2026 11-15 Resale 47 sqm $765,000 $1,512
Jun 2026 01-05 Resale 91 sqm $1,380,000 $1,409
Jun 2026 16-20 Resale 47 sqm $788,000 $1,558
Jun 2026 06-10 Resale 79 sqm $1,225,000 $1,441
Jun 2026 01-05 Resale 88 sqm $1,330,000 $1,404
Jun 2026 06-10 Resale 79 sqm $1,255,000 $1,476
Jun 2026 06-10 Resale 103 sqm $1,730,000 $1,560
May 2026 01-05 Resale 96 sqm $1,650,000 $1,597
Apr 2026 16-20 Resale 103 sqm $1,820,000 $1,642
Apr 2026 11-15 Resale 103 sqm $1,800,000 $1,624
Apr 2026 11-15 Resale 85 sqm $1,361,888 $1,489
Mar 2026 06-10 Resale 48 sqm $755,000 $1,461
Mar 2026 06-10 Resale 82 sqm $1,280,000 $1,450
Mar 2026 11-15 Resale 88 sqm $1,380,000 $1,457
Feb 2026 06-10 Resale 99 sqm $1,655,000 $1,553
Feb 2026 11-15 Resale 88 sqm $1,399,998 $1,478
Jan 2026 01-05 Resale 88 sqm $1,345,000 $1,420
Nov 2025 06-10 Resale 103 sqm $1,710,000 $1,542
Nov 2025 01-05 Resale 128 sqm $1,890,000 $1,372
Nov 2025 16-20 Resale 85 sqm $1,335,888 $1,460
Nov 2025 01-05 Resale 85 sqm $1,265,000 $1,383
Showing 25 of 217 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Where this home sits, and its schools
4 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to Riversails, with their median resale psf. Useful for comparing what Riversails costs per square foot against nearby developments.

More condos in District 19
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About Riversails

Riversails in District 19 (Serangoon Gardens / Hougang / Punggol) has been a strong performer, with median psf up roughly 29.1% over the period (about 5.3% a year). Its $1,362 psf median tracks close to the District 19 median. It has a busy transaction history, with 217 sales between 2021-09 and 2026-08, ranging from $613,000 to $3,108,000. The most recent transaction was a 245 sqm unit (floors 16-20) at $3,108,000 in Aug 2026, and the median is $1,362 psf. On Bala's Table (the SLA leasehold valuation model), the relativity ratio at 84 years remaining is 0.9444, an annual lease decay of about 0.21%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Riversails cost?

The most recent transaction at Riversails was $3,108,000 for a 245 sqm unit in 2026-08. The median price is $1,362 per square foot across 217 transactions, ranging from $613,000 to $3,108,000. Data sourced from URA.

Is Riversails freehold or leasehold?

Riversails is on a 99-year lease commencing in 2011, with approximately 84 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.21%.

What is the price per square foot (psf) at Riversails?

The median price at Riversails is $1,362 psf, with transactions ranging from $907 to $1,642 psf. This is based on 217 URA-recorded transactions in District 19.

Have prices at Riversails gone up or down?

Prices at Riversails have increased by approximately 29.1% over the data period (around 5.3% a year). The median price is currently $1,362 psf, with the most recent sale at $3,108,000 in 2026-08.