Riviera 38
Riviera 38 is a 999-year leasehold condominium in District 12 (Toa Payoh, Serangoon, Balestier), within Singapore's Rest of Central Region (RCR). Completed in 2015, the development comprises 102 units, on a lease that commenced in 1882. Sale and rental figures on this page are compiled from URA transaction records.
RIVIERA 38
Over the 12 months to Apr 2026, Riviera 38 recorded 6 resale transactions at a median $1,583 psf (median price $1,020,000), and 26 rental contracts at a median $2,990/mo, a gross rental yield of 3.5%. Source: URA caveat data, as of Apr 2026.
Riviera 38's median of $1,583 psf over the trailing 12 months places its pricing above roughly 57% of District 12 condos; resale liquidity has been moderate with 6 caveats lodged; the 3.5% gross rental yield sits above the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Apr-26 | $1,380,000 | $1,563 psf | 883 sqft | 16 to 20 | 2BR |
| Mar-26 | $735,888 | $1,628 psf | 452 sqft | 16 to 20 | Studio |
| Nov-25 | $1,250,000 | $1,683 psf | 743 sqft | 11 to 15 | 2BR |
| Sep-25 | $1,160,000 | $1,562 psf | 743 sqft | 06 to 10 | 2BR |
| Jul-25 | $720,000 | $1,312 psf | 549 sqft | 06 to 10 | 1BR |
| Jul-25 | $880,000 | $1,603 psf | 549 sqft | 16 to 20 | 1BR |
| May-25 | $1,380,000 | $1,563 psf | 883 sqft | 11 to 15 | 2BR |
| Nov-24 | $1,881,500 | $1,649 psf | 1,141 sqft | 21 to 25 | 3BR |
Can I afford Riviera 38?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,020,000.
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.