HomeRentCondo Whole Unit2RMD15 - East Coast / Marine ParadeRiveredge2 Bed Condo for Rent in Riveredge

2 Bed Condo for Rent in Riveredge

21 Sampan Place 436593, Tanjong Rhu, Central Region, Singapore

$4,800 /month

Added 7 months ago
Beds: 2Baths: 2Area: 980 sqft
Market Price· Fairly priced
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Property Details

Property IDnMphjJoVpahEL4CdakMEak
PriceS$4,800
Property TypeCondo Whole Unit
StatusFor rent
Beds2
Baths2
Built Area980 sqft
PSF
S$5
Year Built2008
Furnished StatusUnknown

Description

Development Information

District & Area

D15 - Kallang

Nearest MRT

Mountbatten MRT

Tenure

99 years

TOP Date

1 January 2008

Project Size

Small (135 units)

135 units

Building Structure

1 Block

Developer

Riveredge Development Pte Ltd

Unit Configuration
Bedroom Types2, 3, 2004 Bedroom
Floor Plan Details

Riveredge has a total of 135 units, from 2 Bed - 2 Bath to 4 Bed - 5 Bath units. There are 30 types of floor plans from 980 sqft to 3,208 sqft.

Site Plan

Riveredge has 1 block and up to 0 storey.

Development Facilities
ClubhouseGymJacuzziLap PoolMulti Purpose HallParkingPlaygroundSecurity
About This Development

Riveredge is a 99 years leasehold Generic Condo development located in Kallang, District 15. Completed in 2008, it has a total of 1 blocks within the development and comprises a total of 135 units. It is within walking distance to MRT stations such as Mountbatten MRT and Mountbatten MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Riveredge is also close to schools like Dunman High School, Dunman High School (Secondary) and Dunman High School (Junior College). If you're wondering about what you can do around the area, residents can head to nearby supermarkets like FairPrice Xtra - Hyper Sports Hub and FairPrice Jalan Tiga for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Our Family Clinic & Surgery Pte Ltd. Geylang Post Office is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Jalan Batu Park, to enjoy some fresh air.

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Features & Amenities
Parking
Jacuzzi
Playground
Lap pool
Multi purpose hall
Gym
Security
Clubhouse

Location

21 Sampan Place 436593, Tanjong Rhu, Central Region, Singapore

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Total Transactions

32

Average Price

S2.4M

Total Value

S75.7M

Sales Timeline

Property Value Estimate

Estimated sale value based on 24 URA transactions

Fair Value

S$936,098

S$955 psf

Asking Price

S$4,800

S$5 psf

Listing Type

Rental

Sale value shown for reference

vs Last Done

Not applicable

Cannot compare rent to sale psf

Tenure

81 yrs

99-year Leasehold · Balance remaining

Confidence

High

24 comps

High = 10+ comps
Medium = 5–9 comps
Low = <5 comps

Nearest MRT

Mountbatten

602m away · +1% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

24 comparable transactions

S$1,727

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×0.548

MRT Proximity

Within 500m / 1km

+1%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$955

Recent Comparable Transactions

10 shown · 24 total
Last Done

SAMPAN PLACE

May 2025 · Floor 01-05

S$1,828 psf

+91.4% vs FV

1,335 sqftS$2,440,00099 yrs lease commencing from 2004

SAMPAN PLACE

May 2025 · Floor 01-05

S$1,828 psf

+91.4% vs FV

1,335 sqftS$2,440,00099 yrs lease commencing from 2004

SAMPAN PLACE

Mar 2025 · Floor 06-10

S$1,569 psf

+64.3% vs FV

1,593 sqftS$2,500,00099 yrs lease commencing from 2004

SAMPAN PLACE

Mar 2025 · Floor 11-15

S$1,969 psf

+106.2% vs FV

1,335 sqftS$2,628,00099 yrs lease commencing from 2004

SAMPAN PLACE

Jan 2025 · Floor 11-15

S$1,988 psf

+108.2% vs FV

1,604 sqftS$3,188,00099 yrs lease commencing from 2004

SAMPAN PLACE

Jan 2025 · Floor 06-10

S$1,501 psf

+57.2% vs FV

1,066 sqftS$1,600,00099 yrs lease commencing from 2004

SAMPAN PLACE

Sep 2024 · Floor 06-10

S$1,964 psf

+105.7% vs FV

1,604 sqftS$3,150,00099 yrs lease commencing from 2004

SAMPAN PLACE

May 2024 · Floor 06-10

S$1,664 psf

+74.2% vs FV

980 sqftS$1,630,00099 yrs lease commencing from 2004

SAMPAN PLACE

Feb 2024 · Floor 06-10

S$1,789 psf

+87.3% vs FV

1,335 sqftS$2,388,00099 yrs lease commencing from 2004

SAMPAN PLACE

Oct 2023 · Floor 16-20

S$2,070 psf

+116.8% vs FV

1,884 sqftS$3,900,00099 yrs lease commencing from 2004

SAMPAN PLACE

Sep 2023 · Floor 01-05

S$1,734 psf

+81.6% vs FV

1,453 sqftS$2,520,00099 yrs lease commencing from 2004
Below Fair Value
Above Fair Value
FV: S$955 psf

HELIOS AI Analysis

Based on 24 URA transactions (0 outliers removed), adjusted for: Tenure decay (45.2% discount); MRT Mountbatten 602m away (+1%)

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

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