How Much Is a Flat at Block 116B Rivervale Dr Worth?

4 Room, 5 Room, Executive · Built 2000 · 73 years 04 months remaining MOP Cleared

Last updated: 13 Jun 2026

Latest Sale

$580,000

2026-04 · 4 Room

Median $/sqm

$4,686

Based on 27 txns

Total Txns

27

Since data available

5-Yr Trend

▲39.3%

vs 5 years ago

What Will You Actually Walk Away With?

Select your flat and storey. We'll calculate your estimated cash in hand, CPF refund, and all deductions — including accrued interest and resale levy.

Flat Type

Storey Band (closest to your floor)

How did you buy?

What are you thinking of buying next?

Market Demand

📊 Moderate activity — a specialist agent can position your flat to the right buyer.

Based on recent sales data · Updates monthly

Sold at this block (6mo)

3 flats ⚡

AVG. DAYS TO OFFER

~60 days

Transaction density proxy

BUYER DEMAND

4.9 / 10

Block Specialists

Connect with agents who know this block — coming soon.

Lease Clock

Watch
0 yrs 73 years left 99 yrs

Key threshold: 60 years

Your flat is approaching a key resale threshold

Your block has 73 years of lease left. Today, buyers can still get full CPF and bank loans — no restrictions. But once the lease drops below 65 years, buyers who purchase now will struggle to resell after their MOP. The closer you get, the smaller your buyer pool becomes.

An agent who knows this block can position your flat now, before the window narrows.

Transaction History 27 total

Date Floor Type sqm Price $/sqm
2026-04 10 TO 12 4 Room 95 $580,000 $6,105
2026-01 10 TO 12 5 Room 115 $695,000 $6,043
2025-12 13 TO 15 4 Room 95 $560,000 $5,895
2025-07 07 TO 09 Executive 130 $808,000 $6,215
2025-06 16 TO 18 4 Room 95 $595,000 $6,263
2025-06 01 TO 03 5 Room 114 $600,000 $5,263
2025-02 04 TO 06 5 Room 115 $645,000 $5,609
2023-11 04 TO 06 Executive 130 $700,000 $5,385
2023-09 04 TO 06 5 Room 115 $550,000 $4,783
2023-08 04 TO 06 4 Room 95 $496,000 $5,221
2023-03 07 TO 09 Executive 130 $688,000 $5,292
2023-02 16 TO 18 4 Room 95 $500,000 $5,263
2023-02 04 TO 06 5 Room 115 $538,888 $4,686
2022-06 13 TO 15 5 Room 115 $580,000 $5,043
2021-12 13 TO 15 4 Room 95 $438,000 $4,611
2021-10 10 TO 12 4 Room 95 $420,000 $4,421
2021-07 01 TO 03 5 Room 114 $430,000 $3,772
2021-03 01 TO 03 4 Room 95 $368,000 $3,874
2021-02 10 TO 12 4 Room 95 $370,000 $3,895
2020-09 10 TO 12 5 Room 115 $425,000 $3,696
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About Block 116B Rivervale Dr

Flats at Block 116B Rivervale Dr have been selling at a median of $6,014/sqm — up 1.7% over the last 6 months, mainly 4-room flats at $570,000 median, with 3 transactions recorded.

The block is a 5-minute walk from Kangkar LRT Station (385m) and is near Compass One mall (542m, 7 min walk). It is also near North Spring Primary School (696m, 9 min walk), North Vista Primary School (856m, 11 min walk), and Seng Kang Primary School (1317m, 16 min walk).

All data is sourced from data.gov.sg and updated daily.

What's Near Block 116B Rivervale Dr?

Facilities and transport within a 15-minute walk. Walking times are route-based.

MRT / LRT

KANGKAR LRT STATION 385m · 5 min
RANGGUNG LRT STATION 705m · 9 min
BAKAU LRT STATION 888m · 11 min

Nearby Schools

NORTH SPRING PRIMARY SCHOOL 696m · 9 min
NORTH VISTA PRIMARY SCHOOL 856m · 11 min

Parks

HDB - COMPASSVALE LN (BLK 205B) 910m · 11 min

Community Facilities

Rivervale CC (U/C) 507m · 7 min

Other Blocks on Rivervale Dr

Frequently Asked Questions

How much is a flat at Block 116B Rivervale Dr?

Based on 27 recorded transactions, the median resale price ranges from $467,000 (4 Room) to $580,000 (Executive). The most recent sale was $580,000 in 2026-04.

Median by flat type (last 24 months)

Flat Type Most Recent Median
4 Room $580,000
5 Room $645,000
Executive $808,000

What is my flat worth at Block 116B?

The overall median resale price at Block 116B Rivervale Dr is $677,667. Prices have risen 39.3% over the past 5 years.

How much cash will I actually receive when I sell my flat at Block 116B?

Your gross sale proceeds are what the buyer pays. From that, three things are deducted: your outstanding loan, your CPF principal (all CPF savings used for the flat, returned to your CPF OA), and CPF accrued interest (the interest CPF calculates on those savings at 2.5% p.a., compounded annually). What remains after these deductions is your cash in hand. Use the What's Your Flat Worth? calculator above to estimate your actual cash take-home based on Block 116B prices.

What is CPF accrued interest and why does it reduce my sale proceeds?

When you buy a flat using CPF, those funds are considered a loan from your CPF OA to yourself. When you sell, CPF Board requires you to return the principal plus the interest those funds would have earned had they stayed in your OA — currently 2.5% per annum, compounded. This is not a penalty or a fee paid to anyone; the money goes back into your CPF OA. However, it does reduce your cash proceeds — and the longer you have owned the flat, the larger the accrued amount. Use the CPF Accrued Interest Calculator above to estimate your deduction before you decide to sell.

How active is the resale market at Block 116B?

Block 116B has recorded 27 resale transactions — roughly 1.1 sales per month over the past 24 months. The latest transaction closed in 2026-04.

What flat types are available at Block 116B?

Block 116B Rivervale Dr has 4 Room, 5 Room, Executive units. Median prices range from $467,000 to $580,000.

How much can I unlock to upgrade if I sell my HDB at Block 116B?

Selling to upgrade means planning both timelines and funds. Your proceeds split into cash in hand (for your next downpayment and transition costs) and CPF refund (returned to CPF OA). Use the What's Your Flat Worth? calculator above to estimate the equity you can deploy for your next home.

What is the remaining lease for Block 116B?

Block 116B was built in 2000 with a 99-year lease. It has approximately 73 years 04 months remaining.

Does Block 116B's remaining lease affect its resale value?

At 73 years remaining, lease length is not a meaningful factor for your sale. Buyers can use their full CPF savings and access standard bank financing. Your buyer pool is unrestricted.

When can I sell my flat at Block 116B Rivervale Dr?

Flats at Block 116B Rivervale Dr have cleared their 5-year Minimum Occupation Period (MOP) and are eligible for resale on the open market. You can list your flat now.

How long does it take to sell an HDB flat?

The standard HDB resale process takes approximately 8–12 weeks from granting the Option to Purchase (OTP) to the completion appointment. This includes HDB resale application, HDB valuation, CPF usage approval, and final appointment scheduling.

Can I sell my HDB flat without an agent?

Yes — HDB's resale portal allows you to handle the transaction yourself. However, for owners upgrading to their next home, an experienced agent helps align pricing, buyer negotiation, and completion timing so your next purchase is less exposed to delays. The typical 1–2% commission is often recovered through a stronger sale outcome.

What are the costs of selling an HDB flat?

Typical costs for a seller:

Agent commission ~1–2% of sale price
Legal / conveyancing ~S$500 (HDB) or ~S$2,000 (private)
HDB admin fee S$80
Resale levy S$15,000–S$55,000 (if applicable)
Seller stamp duty None (after MOP)
Total (est.) on $580,000 excl. levy $12,180 to $13,680