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Singapore Property News, Insights and Analysis

Completed 1985

Riverwalk Apartments

D01 · Boat Quay / Raffles Place / Marina · 20 Upper Circular Road

A 94-unit apartment in D01, completed in 1985, on a 99-year lease from 1980 with about 53 years left. Developed by Premier Realty Pte Ltd.

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

53 yrs
Lease left
$1,864
Avg $psf, 12 months
3
Sales, 12 months
1985
Completed

What brings you to Riverwalk Apartments?

Buying here? Get a second opinion. The median sale price here over the last 12 months was $1.8M, across 3 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

Riverwalk Apartments prices

Last 12 months
3
Sales
$1,864
Average $psf
$1,429 – $2,200
$psf range
$1.61M – $1.8M
Price range
By unit size
Last 3 years
SizeSalesAvg $psfAvg pricePrice range
700–899 sq ft8 sales$1,879 psfAvg $1.54M$1.35M – $1.85M
1,100–1,299 sq ft4 sales$1,483 psfAvg $1.87M$1.72M – $2M
1,600–1,999 sq ft4 sales$1,543 psfAvg $2.49M$2.38M – $2.56M
Average $psf by year
In 2025, sales here averaged $1,652 psf, 39% below the D01 average of $2,729 psf for private homes (condos, apartments and ECs).
This condoD01 average
Show as a table
YearThis condoD01 average
2026$1,864$2,671
2025$1,652$2,729
2024$1,721$2,416
2023$1,626$2,011
2022$1,576$2,078
2021$1,501$2,101
2020$1,441$2,162
2019$1,301$2,255
2018$1,540$2,314
2016$1,455$1,965
2015$1,354$2,115
2014$1,360$2,209
Sales by year
71 sales since 2007; the busiest year was 2010 with 10. The 2026 bar covers Jan–Nov.
Show as a table
YearResaleTotal
202633
202577
202444
202355
202244
202155
202033
201911
201811
201700
201611
201522
201422
201311
201222
201133
20101010
200988
200811
200788
Sales in the last two years
10 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
22 Sep 2026#10-XX818 sq ft$1.8M$2,200 psfResale
20 Apr 2026#09-XX1,259 sq ft$1.8M$1,429 psfResale
9 Feb 2026#11-XX818 sq ft$1.61M$1,962 psfResale
28 Nov 2025#20-XX818 sq ft$1.46M$1,785 psfResale
2 Oct 2025#23-XX818 sq ft$1.45M$1,772 psfResale
2 Oct 2025#07-XX818 sq ft$1.44M$1,754 psfResale
29 Aug 2025#11-XX818 sq ft$1.35M$1,650 psfResale
21 Aug 2025#25-XX1,259 sq ft$2M$1,588 psfResale
12 Jun 2025#15-XX1,259 sq ft$1.72M$1,366 psfResale
9 Jan 2025#08-XX818 sq ft$1.35M$1,650 psfResale
Compared with nearby condos

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

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

03 — Rent

Riverwalk Apartments rent

Leases starting Sep 2025–Aug 2026
36
Leases
$5,950
Median rent a month
$1.74M
Avg sale price, 12 months
4.1%
Est. gross yield

D01 median rent: $5,300 a month; est. gross yield 2.6%.

By bedroom type
TypeLeasesMedian rentMiddle halfD01 median
2-Bedroom11 leases$6,300 median$5,900 – $6,400D01 $6,500
3-Bedroom8 leases$7,650 median$7,350 – $7,995D01 $9,000
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
53years left of 99
1980Ends 2079

99-year lease from 15 Dec 1980. About 53 years remain as of Nov 2026.

Source: Condo master (URA caveats)

05 — Location

Near Riverwalk Apartments

MRT stations
NE Clarke Quay 370 m · 4 min walk
EWNS City Hall 800 m · 10 min walk
DT Fort Canning 820 m · 10 min walk
DTNE Chinatown 860 m · 10 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 2 km
River Valley Primary School 1.5 km · 22 min walk
St. Margaret's School (Primary)Popular 1.7 km · 29 min walk
Cantonment Primary School 1.8 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 Parliament Promenade 190 m · 2 min
Clinic Jade Medical Clinic 390 m · 5 min
Supermarket Cold Storage / Giant 440 m · 5 min
Hawker centre Hong Lim Food Centre and Market 750 m · 9 min
Map of the area around Riverwalk Apartments, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

06 — Nearby

Condos and supply around Riverwalk Apartments

Upcoming supply
Cross Street760 m · about 161 units · 0.23 ha Available for application
Morrison Lane1.0 km · about 205 units · 0.66 ha Available for application
River Valley Green (Parcel C)1.6 km · about 447 units · 1.15 ha Awarded · $18,622 psm GFA · Jun 2026
River Valley Green (Parcel B)1.6 km · about 456 units · 1.17 ha Awarded · $15,285 psm GFA · Feb 2025

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

07 — From Stacked

Read more about Riverwalk Apartments

Source: Stacked Homes editorial

08 — FAQ

Questions about Riverwalk Apartments

How many years are left on the lease at Riverwalk Apartments?

About 53 years. It is a 99-year lease from 1980.

When was Riverwalk Apartments completed?

1985.

How many units does Riverwalk Apartments have?

94 units.

What is the price psf at Riverwalk Apartments?

3 sales in the last 12 months averaged $1,864 psf, ranging from $1,429 to $2,200 psf.

What did the latest sale go for?

A 818 sq ft unit sold for $1.8M ($2,200 psf) on 22 Sep 2026.

How much is the rent at Riverwalk Apartments?

Leases starting Sep 2025–Aug 2026 had a median rent of $5,950 a month ($6,300 for a 2-bedroom and $7,650 for a 3-bedroom). That is an estimated gross yield of about 4.1%, before costs.

What is the nearest MRT station?

Clarke Quay (NE), a 4-minute walk (370 m). City Hall (EW, NS) is 800 m away.

Who developed Riverwalk Apartments?

Premier Realty Pte Ltd.

Answers generated from the data on this page, Nov 2026