HomeRentCondo Whole UnitD12 - Balestier / Toa PayohRiverbayStudio Condo for Rent in Riverbay

Studio Condo for Rent in Riverbay

23 Mar Thoma Road 328704, Bendemeer, Central Region, Singapore

$2,600 /month

Added 4 months ago
Baths: 1Area: 388 sqft
Market Price· Fairly priced
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Property Details

Property IDZ8pQPsKAXukbr7dNcwMU7P
PriceS$2,600
Property TypeCondo Whole Unit
StatusFor rent
Baths1
Built Area388 sqft
PSF
S$7
Year Built2015
Furnished StatusUnknown

Description

Development Information

District & Area

D12 - Kallang

Nearest MRT

Potong Pasir MRT

Tenure

999 years

TOP Date

1 January 2015

Project Size

Small (147 units)

147 units

Building Structure

1 Block, 25 Floors

Developer

Green Bay Pte Ltd

Unit Configuration
Bedroom Types1, 2, 2003 Bedroom
Floor Plan Details

Riverbay has a total of 147 units, from 1 Bed - 1 Bath to 3 Bed - 5 Bath units. There are 20 types of floor plans from 387 sqft to 2,185 sqft.

Site Plan

Riverbay has 1 block and up to 25 storeys.

Development Facilities
BBQJacuzziParkingPlaygroundSecuritySky TerraceSwimming PoolWading Pool
About This Development

Riverbay is a 999 years leasehold Condo Apartment located in Kallang, District 12. Completed in 2015, it has a total of 1 blocks within the development and comprises a total of 147 units. It is within walking distance to MRT stations such as Potong Pasir MRT and Potong Pasir MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Riverbay is also close to schools like Bendemeer Secondary School, Bendemeer Secondary School and Canaan Church Kindergarten (sccc). If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Giant Supermarket - Kim Keat Avenue and HAO mart for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Dental Clinic. Shen Promotion Services is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Mar Thoma Road Park, to enjoy some fresh air.

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Features & Amenities
Wading pool
Security
Bbq
Swimming pool
Playground
Parking
Sky terrace
Jacuzzi

Location

23 Mar Thoma Road 328704, Bendemeer, Central Region, Singapore

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Total Transactions

56

Average Price

S962K

Total Value

S53.9M

Sales Timeline

Property Value Estimate

Estimated sale value based on 45 URA transactions

Fair Value

S$598,744

S$1,543 psf

Asking Price

S$2,600

S$7 psf

Listing Type

Rental

Sale value shown for reference

vs Last Done

Not applicable

Cannot compare rent to sale psf

Tenure

Freehold

No lease decay

Confidence

High

45 comps

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

Nearest MRT

Potong Pasir

812m away · +1% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

45 comparable transactions

S$1,528

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×1.000

MRT Proximity

Within 500m / 1km

+1%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$1,543

Recent Comparable Transactions

10 shown · 45 total
Last Done

MAR THOMA ROAD

Jul 2025 · Floor 11-15

S$1,569 psf

+1.7% vs FV

657 sqftS$1,030,000999 yrs lease commencing from 1882

MAR THOMA ROAD

Jul 2025 · Floor 11-15

S$1,569 psf

+1.7% vs FV

657 sqftS$1,030,000999 yrs lease commencing from 1882

MAR THOMA ROAD

Jun 2025 · Floor 16-20

S$1,592 psf

+3.2% vs FV

947 sqftS$1,508,000999 yrs lease commencing from 1882

MAR THOMA ROAD

Apr 2025 · Floor 11-15

S$1,489 psf

-3.5% vs FV

786 sqftS$1,170,000999 yrs lease commencing from 1882

MAR THOMA ROAD

Mar 2025 · Floor 21-25

S$1,652 psf

+7.1% vs FV

388 sqftS$640,000999 yrs lease commencing from 1882

MAR THOMA ROAD

Feb 2025 · Floor 16-20

S$1,592 psf

+3.2% vs FV

947 sqftS$1,508,000999 yrs lease commencing from 1882

MAR THOMA ROAD

Nov 2024 · Floor 16-20

S$1,548 psf

+0.3% vs FV

517 sqftS$800,000999 yrs lease commencing from 1882

MAR THOMA ROAD

Sep 2024 · Floor 16-20

S$1,553 psf

+0.6% vs FV

753 sqftS$1,170,000999 yrs lease commencing from 1882

MAR THOMA ROAD

May 2024 · Floor 11-15

S$1,523 psf

-1.3% vs FV

657 sqftS$1,000,000999 yrs lease commencing from 1882

MAR THOMA ROAD

Apr 2024 · Floor 11-15

S$1,529 psf

-0.9% vs FV

517 sqftS$790,000999 yrs lease commencing from 1882

MAR THOMA ROAD

Apr 2024 · Floor 16-20

S$1,548 psf

+0.3% vs FV

517 sqftS$800,000999 yrs lease commencing from 1882
Below Fair Value
Above Fair Value
FV: S$1,543 psf

HELIOS AI Analysis

Based on 45 URA transactions (0 outliers removed), adjusted for: MRT Potong Pasir 812m 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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