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Singapore Property News, Insights and Analysis

Completed 1999

River Place

D03 · Alexandra / Commonwealth · 60 Havelock Road

A 509-unit condo in D03, completed in 1999, on a 99-year lease from 1995 with about 68 years left. Developed by Far East Organization.

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

68 yrs
Lease left
$1,844
Avg $psf, 12 months
19
Sales, 12 months
1999
Completed

What brings you to River Place?

Buying here? Get a second opinion. The median sale price here over the last 12 months was $1.845M, across 18 sales. 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

River Place prices

Last 12 months
19
Sales
$1,844
Average $psf
$1,635 – $2,055
$psf range
$1.34M – $4.25M
Price range
By unit size
Last 12 months
SizeSalesAvg $psfAvg pricePrice range
700–899 sq ft7 sales$1,836 psfAvg $1.48M$1.34M – $1.56M
900–1,099 sq ft4 sales$1,806 psfAvg $1.82M$1.68M – $1.9M
1,100–1,299 sq ft5 sales$1,870 psfAvg $2.38M$2.14M – $2.6M
1,300–1,599 sq ft1 sale$1,915 psf$3.03M
2,000–2,499 sq ft2 sales$1,845 psfAvg $3.85M$3.45M – $4.25M
Average $psf by year
In 2025, sales here averaged $1,830 psf, 33% below the D03 average of $2,713 psf for private homes (condos, apartments and ECs).
This condoD03 average
Show as a table
YearThis condoD03 average
2026$1,822$2,384
2025$1,830$2,713
2024$1,754$2,200
2023$1,643$2,259
2022$1,570$2,292
2021$1,476$2,042
2020$1,324$2,004
2019$1,417$1,962
2018$1,429$1,759
2017$1,281$1,686
2016$1,239$1,610
2015$1,310$1,569
Sales by year
520 sales since 2007; the busiest year was 2007 with 83. The 2026 bar covers Jan–Oct.
Show as a table
YearResaleTotal
20261515
20252222
20241515
20231717
20222323
20213434
20201212
20191010
20181818
20172121
20161313
20151111
201499
20131111
20124343
20113737
20105656
20095151
20081919
20078383
Sales in the last two years
43 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
3 Sep 2026#04-XX2,110 sq ft$3.45M$1,635 psfResale
27 Aug 2026#07-XX1,033 sq ft$1.9M$1,839 psfResale
21 Aug 2026#02-XX2,067 sq ft$4.25M$2,055 psfResale
21 Aug 2026#08-XX1,055 sq ft$1.89M$1,792 psfResale
22 Jul 2026#02-XX1,292 sq ft$2.6M$2,013 psfResale
10 Jul 2026#08-XX818 sq ft$1.45M$1,772 psfResale
19 Jun 2026#06-XX786 sq ft$1.56M$1,990 psfResale
7 May 2026#02-XX1,292 sq ft$2.14M$1,657 psfResale
9 Apr 2026#06-XX797 sq ft$1.48M$1,858 psfResale
1 Apr 2026#02-XX1,292 sq ft$2.3M$1,781 psfResale
Show all 43 sales
Compared with nearby condos
Compared with D03 and the five nearest similar condos · average $psf and price, all unit sizes

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

Source: URA caveats, Sep 2026. The 2026 averages cover Jan–Oct.

03 — Rent

River Place rent

Leases starting Sep 2025–Aug 2026
177
Leases
$5,000
Median rent a month
$2.12M
Avg sale price, 12 months
2.8%
Est. gross yield

D03 median rent: $4,700 a month; est. gross yield 2.3%.

By bedroom type
TypeLeasesMedian rentMiddle halfD03 median
1-Bedroom83 leases$4,000 median$3,900 – $4,300D03 $3,650
2-Bedroom43 leases$5,200 median$5,000 – $5,500D03 $4,750
3-Bedroom47 leases$7,300 median$7,000 – $8,000D03 $6,500
4-Bedroom4 leases$9,843 median$9,359 – $10,750D03 $8,500
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 — Lease
68years left of 99
1995Ends 2094

99-year lease from 7 Nov 1995. About 68 years remain as of Oct 2026.

Source: Condo master (URA caveats)

05 — Unit mix

River Place floor plans by bedroom type

87 layouts. Pick a type to see its floor plans.

Source: Developer floor plans; bedroom counts read by Stacked

06 — Location

Near River Place

MRT stations
DT Fort Canning 580 m · 7 min walk
NE Clarke Quay 770 m · 9 min walk
NEDT Chinatown 800 m · 10 min walk
TE Havelock 1.2 km · 15 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
River Valley Primary School 780 m · 10 min walk
Within 2 km
Cantonment Primary School 1.6 km · 27 min walk
St. Margaret's School (Primary)Popular 1.7 km · 30 min walk
Zhangde Primary School 1.8 km · 28 min walk
Alexandra Primary School 1.9 km · 25 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 Pearl's Hill City Park 730 m · 9 min
Clinic DTAP @ Robertson 370 m · 4 min
Supermarket Cold Storage / Giant 310 m · 4 min
Hawker centre Kukoh 21 Food Centre 400 m · 5 min
Map of the area around River Place, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Oct 2026

07 — Nearby

Condos and supply around River Place

Upcoming supply
Morrison Lane260 m · about 205 units · 0.66 ha Available for application
River Valley Green (Parcel C)800 m · about 447 units · 1.15 ha Awarded · $18,622 psm GFA · Jun 2026
River Valley Green (Parcel B)800 m · about 456 units · 1.17 ha Awarded · $15,285 psm GFA · Feb 2025
River Valley Green (Parcel A)800 m · about 361 units · 0.93 ha Awarded · $14,265 psm GFA · Jun 2024

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

08 — From Stacked

Read more about River Place

14 more articles mention River Place.

Source: Stacked Homes editorial

09 — FAQ

Questions about River Place

How many years are left on the lease at River Place?

About 68 years. It is a 99-year lease from 1995.

When was River Place completed?

1999.

How many units does River Place have?

509 units, up to 11 storeys.

What is the price psf at River Place?

19 sales in the last 12 months averaged $1,844 psf, ranging from $1,635 to $2,055 psf.

What did the latest sale go for?

A 2,110 sq ft unit sold for $3.45M ($1,635 psf) on 3 Sep 2026.

How much is the rent at River Place?

Leases starting Sep 2025–Aug 2026 had a median rent of $5,000 a month ($4,000 for a 1-bedroom, $5,200 for a 2-bedroom and $7,300 for a 3-bedroom). That is an estimated gross yield of about 2.8%, before costs.

What is the nearest MRT station?

Fort Canning (DT), a 7-minute walk (580 m). Clarke Quay (NE) is 770 m away.

Which primary schools are within 1 km?

River Valley Primary School, 780 m away.

Who developed River Place?

Far East Organization.

Answers generated from the data on this page, Oct 2026