Riverside 48
Located in District 9 (Orchard, Cairnhill, River Valley), Riverside 48 is a freehold condominium in the Core Central Region (CCR). Completed in 2001, the development comprises 70 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
RIVERSIDE 48 is a freehold condominium at ROBERTSON QUAY in District 9 (CCR), developed by , comprising 70 units, completed in 2001.
Location & Connectivity
RIVERSIDE 48 is approximately 510m from Fort Canning MRT station, with 19 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Fort Canning | Downtown Line | 510m |
| Havelock | Thomson-East Coast Line | 730m |
| Clarke Quay | North-East Line | 800m |
| Great World | Thomson-East Coast Line | 820m |
| Chinatown | North-East Line | 880m |
| Chinatown | Downtown Line | 880m |
Schools & Education
11 schools within 2 km (3 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Fairfield Methodist School (Primary) | Primary | 300m |
| Kheng Cheng School | Primary | 770m |
| Outram Secondary School | Secondary | 910m |
| Singapore Management University | Tertiary | 1.3 km |
| Gan Eng Seng School | Secondary | 1.5 km |
| Gan Eng Seng Primary School | Primary | 1.5 km |
| School of the Arts | JC | 1.6 km |
| ACS (Junior) | Primary | 1.6 km |
Market Position
RIVERSIDE 48 has recorded 5 sales at an average price of $1,653,000.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 2 | $1,886 psf | — |
| 2024 | 2 | $1,994 psf | ↑ 5.7% |
| 2025 | 1 | $2,105 psf | ↑ 5.6% |
Loading chart data...
RIVERSIDE 48 prices sit at a fresh series high after a 5.6% gain on the prior period, now 11.6% above the 2021 starting level.
Price Index Check
The ShiokNest Price Index for District 9 reads 102.3 as of June 2026 — up 0.9% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
Loading chart data...
Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| IRWELL HILL RESIDENCES | 99 yrs lease commencing from 2020 | $2,731 psf | 585 |
| RIVER GREEN | 99 yrs lease commencing from 2024 | $3,139 psf | 494 |
| RIVER MODERN | 99 years leasehold | $3,243 psf | 427 |
| THE AVENIR | Freehold | $3,191 psf | 323 |
| KOPAR AT NEWTON | 99 yrs lease commencing from 2019 | $2,512 psf | 256 |
What Could Work Against You
- Only 1 transaction were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
- At 70 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
The profile fits car-owning households, p1 school balloting families, long-term hold (10+ yr) and en-bloc speculators best. At ~506m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.
foreign / absd-aware buyers should treat this as a shortlist candidate, not a default choice.
yield-focused investors and short-term flippers (<5 yr) should probably look elsewhere. CCR (Core Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
RIVERSIDE 48 is a freehold development in District 9 (CCR), with 70 units, offering a gross yield of 2.9%.
At ~$2,105 psf, it reflects its premium CCR positioning.
Explore the full RIVERSIDE 48 dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing RIVERSIDE 48 against staying public? These HDB towns sit within walking or short-drive distance:
- Central Area — 4-room average $1,088,814 (260m away), an upgrader gap of about $550,000
- Bukit Merah — 4-room average $894,787 (780m away), an upgrader gap of about $750,000
- Kallang/whampoa — 4-room average $882,887 (1.8 km away), an upgrader gap of about $750,000
FAQ
What is the average PSF for RIVERSIDE 48?
Is RIVERSIDE 48 freehold?
What is the rental yield for RIVERSIDE 48?
Which MRT is nearest to RIVERSIDE 48?
Sources & Next Steps
- RIVERSIDE 48 Dashboard — Live charts and analytics
- URA — Official transaction data
- District 9 (Orchard, Cairnhill, River Valley) — District 9 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 5 transactions
- Rental data: 225 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Aug 2025 · 5 records analysed · Source: URA private-sale caveats