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Singapore Property News, Insights and Analysis

Completed 2005

Rio Gardens

D12 · Balestier / Toa Payoh · 55B Jalan Taman

A 54-unit freehold apartment in D12, completed in 2005. Developed by Hoe Hup Realty Pl.

Source: Condo master (URA caveats); URA transactions, Oct 2026

Freehold
Tenure
2005
Completed
54
Units
1.0 km
Boon Keng MRT

What brings you to Rio Gardens?

Buying here? Get a second opinion. The last recorded sale here was $1.36M ($1,436 psf) in May 2025. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

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Get a second opinion
02 — Prices

Rio Gardens prices

All sales on record
103
Sales on record
May 2025
Latest sale
By bedroom type
Last 3 years
TypeSalesAvg $psfPrice rangeSize
2-Bedroom2 sales$1,404 psf$1.3M – $1.36M947 sq ft
3-Bedroom4 sales$1,485 psf$1.61M – $1.87M1,152–1,195 sq ft

Prices by bedroom type are based on matching sales to unit sizes.

By unit size
Last 3 years
SizeSalesAvg $psfAvg pricePrice range
900–1,099 sq ft2 sales$1,404 psfAvg $1.33M$1.3M – $1.36M
1,100–1,299 sq ft4 sales$1,485 psfAvg $1.76M$1.61M – $1.87M
Average $psf by year
In 2025, sales here averaged $1,436 psf, 40% below the D12 average of $2,390 psf for private homes (condos, apartments and ECs).
This condoD12 average
Show as a table
YearThis condoD12 average
2025$1,436$2,390
2024$1,462$1,803
2023$1,358$1,630
2022$1,272$1,615
2021$1,162$1,452
2020$1,113$1,412
2017$996$1,344
2015$1,034$1,289
2014$1,067$1,430
2013$1,080$1,365
2012$952$1,307
2011$790$1,242
Sales by year
48 sales since 2007; the busiest year was 2007 with 6. The 2026 bar covers Jan–Oct.
Show as a table
YearResaleTotal
202600
202511
202455
202322
202244
202122
202011
201900
201800
201711
201600
201522
201433
201322
201266
201111
201066
200911
200855
200766
Sales in the last two years
DateUnitSizePrice$psfType
22 May 2025#09-XX947 sq ft · 2-Bedroom$1.36M$1,436 psfResale
Compared with nearby condos
2-Bedroom units · average price and $psf, last 12 months

Prices by bedroom type are based on matching sales to unit sizes.

Last 12 monthsNo sales in the last 12 months.

Source: URA caveats, Sep 2026.

03 — Rent

Rio Gardens rent

Leases starting Sep 2025–Aug 2026
8
Leases
$3,650
Median rent a month

D12 median rent: $3,700 a month; est. gross yield 2.4%.

By bedroom type
TypeLeasesMedian rentMiddle halfD12 median
2-Bedroom5 leases$3,600 median$3,294 – $3,700D12 $3,800
3-Bedroom3 leases$4,000 median$3,600 – $5,000D12 $4,900
Rent and yield compared with nearby condos

Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Unit mix

Rio Gardens floor plans by bedroom type

9 layouts, from a 947 sq ft 2-bedroom to a 1,819 sq ft 3-bedroom. Pick a type to see its floor plans.

Source: Developer floor plans; bedroom counts read by Stacked

05 — Location

Near Rio Gardens

MRT stations
NE Boon Keng 1.0 km · 12 min walk
NE Potong Pasir 1.1 km · 13 min walk
DT Geylang Bahru 1.6 km · 19 min walk
DT Bendemeer 1.9 km · 23 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 1 km
St Andrew's School (Junior) 540 m · 16 min walk
Bendemeer Primary School 550 m · 9 min walk
Hong Wen SchoolPopular 920 m · 15 min walk
Within 2 km
Pei Chun Public SchoolPopular 1.5 km · 27 min walk
Cedar Primary School 1.6 km · 25 min walk
First Toa Payoh Primary School 1.8 km · 33 min walk
Canossa Catholic Primary School 2.0 km · 31 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Park Greenway South 1.4 km · 17 min
Clinic The Tenteram Clinic 740 m · 9 min
Supermarket FairPrice 1.3 km · 16 min
Hawker centre Bendemeer Market and Food Centre 1.0 km · 13 min
Map of the area around Rio Gardens, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Oct 2026

06 — Nearby

Condos and supply around Rio Gardens

Upcoming supply
Kitchener Link1.9 km · about 140 units · 0.42 ha Available for application
Dorset Road2.1 km · about 404 units · 1.04 ha Awarded · $14,405 psm GFA · Oct 2025
Lorong 1 Toa Payoh2.6 km · about 735 units · 1.57 ha Awarded · $14,640 psm GFA · Nov 2023

Source: URA transactions; URA land sales; OneMap distances, Oct 2026

07 — From Stacked

Read more about Rio Gardens

Source: Stacked Homes editorial

08 — FAQ

Questions about Rio Gardens

Is Rio Gardens freehold?

Yes. Rio Gardens is a freehold apartment.

When was Rio Gardens completed?

2005.

How many units does Rio Gardens have?

54 units, up to ten storeys.

What sizes are the 3-bedroom units?

1,152 to 1,819 sq ft across eight layouts.

When was the last sale?

May 2025. There are 103 sales on record.

How much is the rent at Rio Gardens?

Leases starting Sep 2025–Aug 2026 had a median rent of $3,650 a month ($3,600 for a 2-bedroom and $4,000 for a 3-bedroom).

What is the nearest MRT station?

Boon Keng (NE), a 12-minute walk (1.0 km). Potong Pasir (NE) is 1.1 km away.

Which primary schools are within 1 km?

St Andrew's School (Junior), 540 m away, Bendemeer Primary School, 550 m away and Hong Wen School, 920 m away.

Who developed Rio Gardens?

Hoe Hup Realty Pl.

Answers generated from the data on this page, Oct 2026