23 Mar Thoma Road 328704, Bendemeer, Central Region, Singapore
$2,500 /month
Riverbay’s limited edition apartments are specially conceptualised for a select few, whose exquisite taste for fine life is matched by a cutting-edge lifestyle of elevated luxury. Where unrivalled comforts and gratifications are at the beck and call of the privileged. The mastery of space design and efficiently . A real sense of spaciousness provides homeowners with sophisticated and efficiently practical living area. A holistic haven of love and beauty. The City and a world of enjoyment at your fingertips. 3 minutes cycle to Boon Keng mrt (North-East Line) and connect at Newton mrt (North-South line) to Downtown line. 6 minutes to the bus stop and bring you to Kallang mrt (East West line) EXCELLCENT LOCATION WITH SUPERB ACCESS Riverbay’s central location means nowhere is too far for you. Everything you need is close to the comfort of home and so easily accessible. Switch from laid-back relaxation to dynamic city living simply by hopping on a train, a stone’s throw away. Boon Keng MRT station provides fast commute to the neighbouring town centres, the city and beyond. Driving is naturally a breeze at Riverbay is connected to the Central Expressway, Pan Island Expressway and Kallang Paya Lebar Expressway. Short drive to towns such as Orchard and Nex at Serangoon mrt and bus interchange. GREAT AMENTIES NEARBY Located within an exclusive high-end landed estate Serangoon , a haven with facilities/activities including popular eateries along Serangoon Road and Supermarkets. GREAT OUTDOOR At the nearby Kallang Basin watersports zone. Minutes away at Kallang Basin, a water haven beckons sports fans to get their adrenaline pumping. Get wet nd wild with a plethora of activities available at Kallang Water Sports Centre. Enjoy kayaking, canoeing or dragon boating gainst a studding backdrop of skyscrapers and waterfront condominiums. With the Singapore Sports Hub opens it door in 2014, it is the centre for world-class competitive events. GOOD EDUCATIONAL INSTITUTIONS IN VICINITY Located near reputable educational institutions. If there is one place that is conducive to nurture your children’s education, it has to be here. Riverbay is within close proximity to an education hub. Gives your kid a solid foundation and start their learning journey in renowned schools such as ST Andrew’s Junior School, CHIJ Primary, Cedar Primary and other excellent institutions. St Joseph’s Institution and Stamford American International School are also nearby
D12 - Kallang
Potong Pasir MRT
1 January 2015
Small (147 units)
147 units
1 Block, 25 Floors
Green Bay Pte Ltd
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.
Riverbay has 1 block and up to 25 storeys.
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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Total Transactions
56
Average Price
S962K
Total Value
S53.9M
Calculating fair value from URA transaction data…


License: L3009250K
Estimated sale value based on 454 URA transactions · 8 outliers removed (IQR)
Fair Value
S$567,145
S$1,462 psf
Asking Price
S$2,500
S$7 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
-99.4%
Tenure
Freehold
No lease decay
Confidence
High
454 comps
Nearest MRT
Potong Pasir
812m away · +1% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
454 comparable transactions
S$1,447
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$1,462
Recent Comparable Transactions
10 shown · 454 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | ST. FRANCIS ROAD Floor 06-10 | 1,270sqft | S$1,508,000 | ▼S$1,187 -18.8% vs FV | 99 yrs lease commencing from 1992 |
Aug 2025 | ST. FRANCIS ROAD Floor 06-10 | 1,270sqft | S$1,508,000 | ▼S$1,187 -18.8% vs FV | 99 yrs lease commencing from 1992 |
Aug 2025 | ST. MICHAEL'S ROAD Floor 01-05 | 872sqft | S$1,325,000 | ▲S$1,520 +4.0% vs FV | Freehold |
Aug 2025 | ST. MICHAEL'S ROAD Floor 06-10 | 936sqft | S$1,368,888 | ▼S$1,462 0.0% vs FV | Freehold |
Aug 2025 | MAR THOMA ROAD Floor 16-20 | 1,109sqft | S$1,850,000 | ▲S$1,669 +14.2% vs FV | 999 yrs lease commencing from 1882 |
Jul 2025 | MAR THOMA ROAD Floor 01-05 | 1,302sqft | S$1,730,000 | ▼S$1,328 -9.2% vs FV | 999 yrs lease commencing from 1882 |
Jul 2025 | ST. MICHAEL'S ROAD Floor 11-15 | 926sqft | S$1,508,888 | ▲S$1,630 +11.5% vs FV | Freehold |
Jul 2025 | MOONSTONE LANE Floor 16-20 | 1,238sqft | S$2,050,000 | ▲S$1,656 +13.3% vs FV | Freehold |
Jul 2025 | MAR THOMA ROAD Floor 11-15 | 657sqft | S$1,030,000 | ▲S$1,569 +7.3% vs FV | 999 yrs lease commencing from 1882 |
Jul 2025 | ST. FRANCIS ROAD Floor 06-10 | 818sqft | S$975,000 | ▼S$1,192 -18.5% vs FV | 99 yrs lease commencing from 1992 |
Jul 2025 | ST. MICHAEL'S ROAD Floor 01-05 | 1,249sqft | S$1,950,000 | ▲S$1,562 +6.8% vs FV | Freehold |
ST. FRANCIS ROAD
Aug 2025 · Floor 06-10
-18.8% vs FV
ST. FRANCIS ROAD
Aug 2025 · Floor 06-10
-18.8% vs FV
ST. MICHAEL'S ROAD
Aug 2025 · Floor 01-05
+4.0% vs FV
ST. MICHAEL'S ROAD
Aug 2025 · Floor 06-10
0.0% vs FV
MAR THOMA ROAD
Aug 2025 · Floor 16-20
+14.2% vs FV
MAR THOMA ROAD
Jul 2025 · Floor 01-05
-9.2% vs FV
ST. MICHAEL'S ROAD
Jul 2025 · Floor 11-15
+11.5% vs FV
MOONSTONE LANE
Jul 2025 · Floor 16-20
+13.3% vs FV
MAR THOMA ROAD
Jul 2025 · Floor 11-15
+7.3% vs FV
ST. FRANCIS ROAD
Jul 2025 · Floor 06-10
-18.5% vs FV
ST. MICHAEL'S ROAD
Jul 2025 · Floor 01-05
+6.8% vs FV
HELIOS AI Analysis
Based on 454 URA transactions (8 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.