Home Buy Condominium Executive Condo 3RM D19 - Hougang / Punggol / Sengkang3 Bed Executive Condo for Sale in Rivercove Residences

3 Bed Executive Condo for Sale in Rivercove Residences

38 Anchorvale Lane 544593, Anchorvale, North-east Region, Singapore

$1,600,000

Added a month ago

Executive CondoFor sale

Beds: 3Baths: 2Area: 958 sqft

Above Market· 53.9% above market

+5View all

Nearest MRT Station

Layar

Sengkang LRT SW6

walk•

Property Details

Property IDcbv4TnCVyZs78rJyTb55oZ

PriceS$1,600,000

Property TypeExecutive Condo

StatusFor sale

Beds3

Baths2

Built Area958 sqft

PSF

S$1,670

Year Built2020

Furnished StatusUnfurnished

Description

Features & Amenities

Function room

Bbq

Fitness corner

Gym

Swimming pool

Renovated

Viewing deck

Pavilion

Underwater fitness station

Wading pool

Multi purpose hall

Steam room

Playground

Security

Balcony

Hydrotherapy pool

Utility room

Clubhouse

Lap pool

Nearby Locations

The following locations are within radius of this property, with distance shown in kilometers.

Schools

Anchor Green Primary School0.41km

MRT Stations

Layar

Sengkang LRT (SW6)

0.42km

Tongkang

Sengkang LRT (SW7)

0.44km

Location

38 Anchorvale Lane 544593, Anchorvale, North-east Region, Singapore

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Mortgage Calculation

Price

Tenure (yrs)20 yrs

410203035

Loan (%)75 %

1020406075

Interest (%)4 %

0.1123456

Mortgage calculation on 4% interest rate

S$ 0

Loan Amount (75%)

Downpayment (25%)

S$ 0

/month

Principal

S$ 0

Interest

S$ 0

Total Transactions

Average Price

S1.4M

Total Value

S7.1M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 638 URA transactions · 10 outliers removed (IQR)

Fair Value

S$1.04M

S$1,085 psf

Asking Price

S$1.60M

S$1,670 psf

vs Market

+53.9%

Above Market

vs Last Done

+60.1%

Above Market

Tenure

93 yrs

99-year Leasehold · Balance remaining

Confidence

High

638 comps

High = 10+ comps

Medium = 5–9 comps

Low = <5 comps

Nearest MRT

Sengkang

1269m away

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

638 comparable transactions

S$1,309

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×0.829

MRT Proximity

Within 500m / 1km

AI Condition Premium

HELIOS scan of listing description

Adjusted Fair Value PSF

S$1,085

Recent Comparable Transactions

10 shown · 638 total

Date	Block / Street	Area	Price	PSF	Tenure
Last DoneAug 2025	GERALD DRIVE Floor 01-05	1,302sqft	S$1,358,000	▼S$1,043 -3.9% vs FV	99 yrs lease commencing from 1997
Aug 2025	GERALD DRIVE Floor 01-05	1,302sqft	S$1,358,000	▼S$1,043 -3.9% vs FV	99 yrs lease commencing from 1997
Aug 2025	FERNVALE LINK Floor 06-10	753sqft	S$1,068,000	▲S$1,417 +30.6% vs FV	99 yrs lease commencing from 2010
Aug 2025	FERNVALE CLOSE Floor 21-25	1,324sqft	S$1,650,000	▲S$1,246 +14.8% vs FV	99 yrs lease commencing from 2013
Aug 2025	FERNVALE CLOSE Floor 16-20	1,507sqft	S$2,240,000	▲S$1,486 +37.0% vs FV	99 yrs lease commencing from 2013
Aug 2025	FERNVALE CLOSE Floor 01-05	1,023sqft	S$1,650,000	▲S$1,614 +48.8% vs FV	99 yrs lease commencing from 2013
Aug 2025	FERNVALE CLOSE Floor 06-10	710sqft	S$1,030,000	▲S$1,450 +33.6% vs FV	99 yrs lease commencing from 2013
Aug 2025	FERNVALE CLOSE Floor 06-10	1,044sqft	S$1,550,000	▲S$1,485 +36.9% vs FV	99 yrs lease commencing from 2013
Jul 2025	GERALD DRIVE Floor 01-05	1,270sqft	S$1,300,000	▼S$1,023 -5.7% vs FV	99 yrs lease commencing from 1997
Jul 2025	FERNVALE CLOSE Floor 01-05	1,238sqft	S$1,728,000	▲S$1,396 +28.7% vs FV	99 yrs lease commencing from 2013
Jul 2025	FERNVALE CLOSE Floor 16-20	926sqft	S$1,288,000	▲S$1,391 +28.2% vs FV	99 yrs lease commencing from 2013

Last Done

GERALD DRIVE

Aug 2025 · Floor 01-05

▼S$1,043 psf

-3.9% vs FV

1,302 sqftS$1,358,00099 yrs lease commencing from 1997

GERALD DRIVE

Aug 2025 · Floor 01-05

▼S$1,043 psf

-3.9% vs FV

1,302 sqftS$1,358,00099 yrs lease commencing from 1997

FERNVALE LINK

Aug 2025 · Floor 06-10

▲S$1,417 psf

+30.6% vs FV

753 sqftS$1,068,00099 yrs lease commencing from 2010

FERNVALE CLOSE

Aug 2025 · Floor 21-25

▲S$1,246 psf

+14.8% vs FV

1,324 sqftS$1,650,00099 yrs lease commencing from 2013

FERNVALE CLOSE

Aug 2025 · Floor 16-20

▲S$1,486 psf

+37.0% vs FV

1,507 sqftS$2,240,00099 yrs lease commencing from 2013

FERNVALE CLOSE

Aug 2025 · Floor 01-05

▲S$1,614 psf

+48.8% vs FV

1,023 sqftS$1,650,00099 yrs lease commencing from 2013

FERNVALE CLOSE

Aug 2025 · Floor 06-10

▲S$1,450 psf

+33.6% vs FV

710 sqftS$1,030,00099 yrs lease commencing from 2013

FERNVALE CLOSE

Aug 2025 · Floor 06-10

▲S$1,485 psf

+36.9% vs FV

1,044 sqftS$1,550,00099 yrs lease commencing from 2013

GERALD DRIVE

Jul 2025 · Floor 01-05

▼S$1,023 psf

-5.7% vs FV

1,270 sqftS$1,300,00099 yrs lease commencing from 1997

FERNVALE CLOSE

Jul 2025 · Floor 01-05

▲S$1,396 psf

+28.7% vs FV

1,238 sqftS$1,728,00099 yrs lease commencing from 2013

FERNVALE CLOSE

Jul 2025 · Floor 16-20

▲S$1,391 psf

+28.2% vs FV

926 sqftS$1,288,00099 yrs lease commencing from 2013

Below Fair Value

Above Fair Value

FV: S$1,085 psf

HELIOS AI Analysis

Based on 638 URA transactions (10 outliers removed), adjusted for: Tenure decay (17.1% discount)

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.

Calculating fair value from URA transaction data…

Andy Chua

License: L3002382K

3 Bed Executive Condo for Sale in Rivercove Residences

IMAGES GALLERY

Nearest MRT Station

Property Details

Description

Nearby Locations

Schools

MRT Stations

Layar

Tongkang

Location

Mortgage Calculation

Mortgage calculation on 4% interest rate

Sales Timeline

Home Report · AVM Fair Value

Andy Chua

Similar Properties

Home Report · AVM Fair Value