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Completed 2014

Riverbay

D12 · Balestier / Toa Payoh · 23 Mar Thomas Road

A 147-unit apartment in D12, completed in 2014. Developed by Green Bay Pte Ltd.

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

999 yrs
Tenure
$1,615
Avg $psf, 12 months
14
Sales, 12 months
2014
Completed
Riverbay
Floor plans → Site plan → E-brochure (PDF) →

What brings you to Riverbay?

Buying here? Get a second opinion. 1-bedders here sold for $640k to $830k over the last 12 months. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

Stacked works with licensed property agents.

Get a second opinion
02 — Prices

Riverbay prices

Last 12 months
14
Sales
$1,615
Average $psf
$1,510 – $1,705
$psf range
$640k – $1.6M
Price range
By bedroom type
Last 12 months
TypeSalesAvg $psfPrice rangeSize
1-Bedroom6 sales$1,616 psf$640k – $830k388–517 sq ft
2-Bedroom3 sales$1,561 psf$998k – $1.05M646–657 sq ft
3-Bedroom2 sales$1,671 psf$1.52M – $1.58M926 sq ft

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

By unit size
Last 12 months
SizeSalesAvg $psfAvg pricePrice range
Under 500 sq ft3 sales$1,677 psfAvg $650k$640k – $660k
500–699 sq ft6 sales$1,557 psfAvg $911k$780k – $1.05M
900–1,099 sq ft4 sales$1,632 psfAvg $1.54M$1.52M – $1.6M
Average $psf by year
In 2025, sales here averaged $1,592 psf, 33% 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
2026$1,613$1,858
2025$1,592$2,390
2024$1,542$1,803
2023$1,529$1,630
2022$1,460$1,615
2021$1,313$1,452
2020$1,350$1,412
2019$1,381$1,363
2018$1,460$1,505
2017$1,194$1,344
2016$1,283$1,342
2015$1,298$1,289
Sales by year
229 sales since 2013; the busiest year was 2013 with 61. The 2026 bar covers Jan–Oct.
New saleResale
Show as a table
YearNew saleResaleTotal
202601212
2025099
2024066
202302020
2022099
2021088
202001212
2019088
2018088
2017099
2016066
201519322
201439039
201361061
Sales in the last two years
22 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
31 Aug 2026#15-XX517 sq ft · 1-Bedroom$830k$1,606 psfResale
6 Jul 2026#21-XX657 sq ft · 2-Bedroom$1.05M$1,599 psfResale
12 Jun 2026#10-XX947 sq ft$1.53M$1,615 psfResale
2 Jun 2026#19-XX517 sq ft · 1-Bedroom$780k$1,510 psfResale
29 May 2026#21-XX388 sq ft · 1-Bedroom$660k$1,703 psfResale
27 Apr 2026#20-XX388 sq ft · 1-Bedroom$640k$1,652 psfResale
21 Apr 2026#12-XX947 sq ft$1.52M$1,605 psfResale
6 Mar 2026#24-XX646 sq ft · 2-Bedroom$1.01M$1,564 psfResale
6 Mar 2026#16-XX388 sq ft · 1-Bedroom$650k$1,677 psfResale
23 Feb 2026#10-XX926 sq ft · 3-Bedroom$1.52M$1,637 psfResale
Show all 22 sales
Compared with nearby condos
Compared with D12 and the five nearest similar condos · average $psf and price, all unit sizes
RiverbayThis condo · 999-yr · 14 sales, last 12 months $1,615 psfavg $1.08M
D12 medianAll condo sales, last 12 months $1,813 psfavg $1.68M
Vetro50 m · 2010 · 999-yr · 2 sales $1,275 psfavg $770k The Callista60 m · 2005 · 999-yr · 1 sale $1,361 psfavg $806k Riviera 38100 m · 2014 · 999-yr · 4 sales $1,621 psfavg $1.2M St Michael Regency140 m · 2010 · Freehold · 1 sale $1,858 psfavg $1.72M The Elysia170 m · 2005 · 999-yr · 1 sale $1,234 psfavg $1.74M

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

Riverbay rent

Leases starting Sep 2025–Aug 2026
33
Leases
$2,720
Median rent a month
$1.08M
Avg sale price, 12 months
3.0%
Est. gross yield

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

By bedroom type
TypeLeasesMedian rentMiddle halfD12 medianEst. yield
1-Bedroom23 leases$2,550 median$2,400 – $2,750D12 $3,0004.2% yield
2-Bedroom8 leases$3,625 median$3,325 – $3,775D12 $3,8004.3% yield
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

Riverbay floor plans by bedroom type

13 layouts, from a 387 sq ft 1-bedroom to a 2,185 sq ft penthouse. Pick a type to see its floor plans.

Bedroom typeLayoutsSize range
1-Bedroom 4 387 – 957 sq ft 4 layouts · 387 – 957 sq ft
A2s516 sq ft A1s · Type A1sa516 sq ft C1a · Type C1b A1 · Type A2387 sq ft
2-Bedroom 4 645 – 785 sq ft 4 layouts · 645 – 785 sq ft
B2 · Type B2a656 sq ft B1645 sq ft B2s785 sq ft B1s753 sq ft
3-Bedroom 2 925 – 947 sq ft 2 layouts · 925 – 947 sq ft
C2925 sq ft C1947 sq ft
Penthouse 3 1,862 – 2,185 sq ft 3 layouts · 1,862 – 2,185 sq ft
PH32,055 sq ft PH21,862 sq ft PH12,185 sq ft

Source: Developer floor plans; bedroom counts read by Stacked

05 — Location

Near Riverbay

MRT stations
NE Boon Keng 1.3 km · 15 min walk
NE Potong Pasir 1.4 km · 17 min walk
DT Geylang Bahru 1.8 km · 22 min walk
NE Woodleigh 2.4 km · 28 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) 480 m · 20 min walk
Bendemeer Primary School 760 m · 12 min walk
Hong Wen SchoolPopular 880 m · 17 min walk
Within 2 km
Pei Chun Public SchoolPopular 1.3 km · 22 min walk
First Toa Payoh Primary School 1.6 km · 28 min walk
Cedar Primary School 1.7 km · 30 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 1.8 km · 21 min
Clinic The Tenteram Clinic 340 m · 4 min
Supermarket Hao Mart 900 m · 11 min
Hawker centre Bendemeer Market and Food Centre 1.3 km · 15 min
Map of the area around Riverbay, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Oct 2026

06 — Nearby

Condos and supply around Riverbay

Upcoming supply
Kitchener Link2.0 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 Payoh2.3 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 Riverbay

Sep 2025 Analysing 10 Years of District 12 Boutique Condo Transactions: Insights Into What Drives Profitability Nov 2022 I’m 45 And Making $10k Per Month: Should I Sell My Condo To Buy An HDB, Keep To Rent? Or Purchase A New Launch Instead? Jun 2026 The Biggest Property Mistake Buyers Make In A Fast-Changing Singapore Apr 2025 Are New Executive Condos Still For The “Sandwich Class” In Singapore? Jan 2025 5 Best Condos For Rental In Singapore: Why New Investors May Want To Watch Out Jul 2024 Is A New Or Resale 1 Bedroom Condo More Profitable? Here's The Interesting Answer

5 more articles mention Riverbay.

Source: Stacked Homes editorial

08 — FAQ

Questions about Riverbay

What is the tenure of Riverbay?

999-year lease from 1882.

When was Riverbay completed?

2014.

How many units does Riverbay have?

147 units, up to 26 storeys.

What sizes are the 1-bedroom units?

387 to 957 sq ft across four layouts.

What is the price psf at Riverbay?

14 sales in the last 12 months averaged $1,615 psf, ranging from $1,510 to $1,705 psf.

What did the latest sale go for?

A 517 sq ft unit sold for $830k ($1,606 psf) on 31 Aug 2026.

How much is the rent at Riverbay?

Leases starting Sep 2025–Aug 2026 had a median rent of $2,720 a month ($2,550 for a 1-bedroom and $3,625 for a 2-bedroom). That is an estimated gross yield of about 3.0%, before costs.

What is the nearest MRT station?

Boon Keng (NE), a 15-minute walk (1.3 km). Potong Pasir (NE) is 1.4 km away.

Which primary schools are within 1 km?

St Andrew's School (Junior), 480 m away, Bendemeer Primary School, 760 m away and Hong Wen School, 880 m away.

Who developed Riverbay?

Green Bay Pte Ltd.

Answers generated from the data on this page, Oct 2026