Projects
RIVERBAY
D12 / Balestier, Toa Payoh, Serangoon
Address 23 MAR THOMA ROAD RIVERBAY SINGAPORE 328704
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Apartment, Non-Landed Properties 209 transactions 999-year leasehold from 1882 Updated Mar 2026
Property image pending
Project read
Quick summary about RIVERBAY
Riverbay is a 999-year leasehold from 1882 apartment, non-landed properties in D12 / Balestier, Toa Payoh, Serangoon. Riverbay currently has 153 rental contracts and 56 sale transactions, covering May 2021 to Mar 2026.
- Typical rent is $2,600 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $1,005,000, with median sale PSF at $1,548 psf and total recorded sale value of $57.2M.
- Rent is down 13.3% over the last 3 months. Sale PSF is up 0.2% over the last 3 months.
Project facts
Project-level details from URA records and local enrichment.
Tenure 999-year leasehold from 1882
Property type Apartment, Non-Landed Properties
Sale records 56 resale transactions
Total sold value $57.2M
Data coverage
URA records on this page start May 2021 and run through Mar 2026.
Rental contracts 153 May 2021 to Feb 2026
Sale transactions 56 Jun 2021 to Mar 2026
Rent trend -13.3% Last 3 months
Sale PSF trend 0.2% Last 3 months
Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
POTONG PASIR MRT STATION (NE10) 0.82 km away
POTONG PASIR MRT STATION 0.85 km away
BOON KENG MRT STATION 0.9 km away
Schools nearby
BENDEMEER SECONDARY SCHOOL 0.41 km away
ST ANDREW'S SCHOOL (SECONDARY) 0.51 km away
SHG STUDENT CARE (BENDEMEER PRIMARY SCHOOL) 0.71 km away
BENDEMEER PRIMARY SCHOOL 0.76 km away
Amenities
BENDEMEER SHOPPING MALL Mall / retail · 1.02 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 3.87 km away
WHAMPOA PARK CONNECTOR Park / green link · 1 km away
HAWKER CENTRE (BLK 75 TOA PAYOH LORONG 5) Food centre · 1.39 km away
Market trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $2,400 41 rental contracts in view
Latest median sale PSF $1,629 psf 17 sale transactions in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Mar 2026 0 - 2 $1,629 psf $1,080,000
Feb 2026 1 $2,400 2 $1,621 psf $830,000
Jan 2026 1 $2,600 2 $1,654 psf $1,557,500
Dec 2025 4 $2,750 1 $1,520 psf $998,000
Nov 2025 3 $2,750 0 - -
Oct 2025 3 $3,800 0 - -
Sept 2025 0 - 2 $1,625 psf $1,188,000
Aug 2025 5 $3,000 0 - -
Jul 2025 4 $3,400 1 $1,630 psf $1,543,888
Jun 2025 0 - 2 $1,562 psf $1,126,000
May 2025 5 $3,400 1 $1,592 psf $1,508,000
Apr 2025 2 $2,525 0 - -
Similar projects nearby
Same district, ranked by similar rent, sale PSF and transaction depth.
Freehold THE INTERWEAVE 1.1 km away 479 transactions
- Median rent
- $2,700
- Median sale PSF
- $1,592 psf
- Median rent
- $2,700
- Median sale PSF
- $1,501 psf
- Median rent
- $3,000
- Median sale PSF
- $1,568 psf
- Median rent
- $2,500
- Median sale PSF
- $1,742 psf
- Median rent
- $2,900
- Median sale PSF
- $1,665 psf
- Median rent
- $2,800
- Median sale PSF
- $1,498 psf
Rent by bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $2,500 $2,443 96
2 bed $3,150 $3,208 40
3 bed $4,200 $4,200 17
Rent by floor area
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
300 to 400 sqft $2,400 $2,327 64
500 to 600 sqft $2,800 $2,676 32
600 to 700 sqft $3,000 $2,993 21
700 to 800 sqft $3,400 $3,445 19
900 to 1,000 sqft $4,200 $4,200 17
Sale price by floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
06 to 10 $1,100,000 $1,520 psf 5
11 to 15 $990,000 $1,519 psf 22
16 to 20 $995,000 $1,548 psf 15
21 to 25 $1,030,000 $1,558 psf 14
Latest transactions
Most recent URA rental contracts and sale transactions for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
RIVERBAY shows a typical monthly rent of $2,600 across 153 rental contracts. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $2,600
Rental contracts 153
Rent signal Strong
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Recent sales at RIVERBAY point to a typical sale price of $1,005,000 and $1,548 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $1,005,000
Median PSF $1,548 psf
Sale signal Strong
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 999-year leasehold from 1882 should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. RIVERBAY has 56 sale transactions in this dataset, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $57.2M
Latest update Mar 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
District context
Use D12 to compare RIVERBAY against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from recorded URA private residential rental contracts. Rent is shown as monthly rent.
Sale figures come from recorded private residential sale transactions. PSF and total selling value are shown where sale records include the needed fields.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
RIVERBAY FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at RIVERBAY?
Based on the URA rental records currently loaded for RIVERBAY, the median monthly rent is $2,600 across 153 rental contracts.
What is the typical sale price at RIVERBAY?
The median sale price for RIVERBAY is $1,005,000, based on 56 URA sale transactions in the local dataset.
What is the median sale PSF at RIVERBAY?
The median sale price per square foot for RIVERBAY is $1,548 psf. The average sale PSF is $1,523 psf.
Is RIVERBAY freehold or leasehold?
RIVERBAY is listed as 999-year leasehold from 1882. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is RIVERBAY located?
RIVERBAY is located at 23 MAR THOMA ROAD RIVERBAY SINGAPORE 328704 in D12 / Balestier, Toa Payoh, Serangoon.
How current is the RIVERBAY transaction data?
The URA records on this page start from May 2021 and run through Mar 2026. The page is rebuilt after local data refresh runs.