Swee Homes

River Place

River Place is a condominium in District 3 (Alexandra / Commonwealth), in the Rest of Central Region. In the 12 months to August 2026, the median price was S$1,849 psf from 22 sales.

At a glance

District
District 3 (Alexandra / Commonwealth)
Region
Rest of Central Region
Type
Condominium
Tenure
99-year lease from 1995, about 68 years left
Completed
2000, about 26 years old

What the prices say

The median home in River Place sold for S$1,740,000: the middle of 22 sales in the 12 months to August 2026.

That is noticeably below the middle condo project in District 3 (Alexandra / Commonwealth), which sold at S$2,167 psf across 32 projects: about 15% lower. By price per square foot it ranks 20th of the 22 projects in the district that have a price to show, where 1st is the highest.

Year by year, the median was S$1,475 psf in 2021 (34 sales) and S$1,813 psf in 2026 so far (14 sales), up about 23%. The highest year in the record was 2025 at S$1,829 psf.

Floor made little difference: floors 6 to 10 sold at S$1,804 psf against S$1,829 psf on floors 1 to 5 (24 months).

By unit size (24 months): 600 to 899 sq ft at S$1,803 psf, 900 to 1,199 sq ft at S$1,812 psf, 1,200 to 1,499 sq ft at S$1,823 psf and 1,500 sq ft and over at S$1,802 psf. Price per square foot was similar across sizes.

Against similar projects in the district

This project and the three others in District 3 (Alexandra / Commonwealth) whose median over the last 12 months is closest to River Place's S$1,849 psf. They are chosen by price per square foot, not by distance, so they may not be neighbours.

Their middle figure is S$1,819 psf, about the same as River Place (within 2%).

Projects in District 3 (Alexandra / Commonwealth) closest in price to River Place, 12 months to August 2026
ProjectMedian price per sq ftSales
River PlaceS$1,849 psf22
AlexisS$1,819 psf18
QueensS$1,806 psf9
Tanglin ViewS$1,910 psf11

What sells here

22 homes sold in the last 12 months, up from 21 in the 12 months before.

The most common size was 600 to 899 sq ft, with 19 of the 43 sales in the last 24 months.

None of the 43 sales in the last 24 months were first sales of new units: all 43 were resales.

The first new sale in our records was in April 1997.

Rents and yield

Rental contracts that began in the 12 months to August 2026 had a median rent of S$5,000 a month (177 contracts). The district's median across every contract was S$4,700, so rents here ran a little above it: about 6% higher.

Over the 24 months the median rent was S$4,900 (391 contracts), about the same as the latest 12 months, within 3%.

By bedrooms: 1 bedroom S$4,000 (83), 2 bedrooms S$5,200 (43) and 3 bedrooms S$7,300 (47). The figure in brackets is the number of contracts.

Setting rent against price for 600 to 899 sq ft homes (80 rentals and 10 resale or sub-sale transactions) gives a gross yield estimate of 3.2%: a median rent of S$4,000 a month against a median price of S$1,490,000. It is before maintenance, vacancy, tax and loan costs, and it uses middle values, so a particular home can differ.

Across 2 size ranges the estimate runs from 3.2% to 3.5%.

1,200 to 1,499 sq ft: 3.5% (rent S$7,000 a month, price S$2,435,000).

Age and lease

The title is a leasehold, so the years remaining shrink each year. The leases and tenure entry in the glossary explains what that means for a buyer.

Leases and tenure in the glossary

What this page cannot tell you

A median is the middle of many different homes in River Place. It does not describe one unit: its condition, facing, view, renovation, floor or stack can each move a price well away from the middle, and none of them is in the records behind this page.

The figures are recorded transactions, so they describe what has sold and not what is on the market now. They are not a valuation, and they say nothing about future prices.

Questions this page answers

What is the median price per square foot in River Place?

S$1,849 psf in the 12 months to August 2026, from 22 sales. For the median home that is S$1,740,000.

How many homes sold in River Place?

22 in the last 12 months and 43 in the last 24 months, across all sale types.

What do homes in River Place rent for?

The median rent for contracts that began in the 12 months to August 2026 was S$5,000 a month, from 177 contracts.

What is the rental yield in River Place?

Between 3.2% and 3.5% gross, depending on unit size. It is an estimate before costs, made from the median recorded rent and the median resale or sub-sale price for each size range.

How much lease is left in River Place?

It is a 99-year lease from 1995, which leaves about 68 years at 2026.

Figures from URA data, 12 months to August 2026. Rents to August 2026. General information, not financial advice.

The figures

Sale prices

Resale and new-sale prices for River Place
PeriodMedian price per sq ftMedian priceSales
Last 12 monthsS$1,849 psfS$1,740,00022
Last 24 monthsS$1,812 psfS$1,820,00043
Last 5 yearsS$1,697 psfS$1,677,500104

Source: URA data. Data as of August 2026.

Price by year

Median price per sq ft by year for River Place
YearMedian price per sq ftSales
2021S$1,475 psf34
2022S$1,572 psf23
2023S$1,643 psf17
2024S$1,746 psf15
2025S$1,829 psf22
2026 (to August)S$1,813 psf14

Each year is the median over the sales recorded in it. Source: URA data. Data as of August 2026.

Price by floor range

Median price per sq ft by floor range for River Place, last 24 months
Floor rangeMedian price per sq ftSales
Floors 1 to 5S$1,829 psf22
Floors 6 to 10S$1,804 psf21

Price by unit size

Median price per sq ft by unit size for River Place, last 24 months
SizeMedian price per sq ftSales
600 to 899 sq ftS$1,803 psf19
900 to 1,199 sq ftS$1,812 psf9
1,200 to 1,499 sq ftS$1,823 psf9
1,500 sq ft and overS$1,802 psf6

The floor is the storey recorded in each sale. Source: URA data. Sales in the 24 months to August 2026. Data as of August 2026.

Rent against price for River Place, by size

Rents

Rents for River Place
PeriodMedian rentContracts
Last 12 monthsS$5,000 a month177
Last 24 monthsS$4,900 a month391
Rents for River Place by bedrooms
BedroomsMedian rent, 12 monthsContractsMedian rent, 24 months
1 bedroomS$4,000 a month83S$4,000 a month
2 bedroomsS$5,200 a month43S$5,250 a month
3 bedroomsS$7,300 a month47S$7,200 a month
4 or more bedroomsUnder 5 contracts4S$8,900 a month

Source: URA data, rental contracts. Rents are the median of the contracts that began in the period. Data as of August 2026.

Where to look next

What could a unit here sell for?

Condo Atlas can give an indicative value for a unit in River Place, with a likely range and the recent sales behind it. Sign in is free.

Open River Place in Condo Atlas

Other condos in District 3 (Alexandra / Commonwealth)

About the data

Figures are medians of transactions recorded by URA, over the periods shown, and a figure appears only when at least 5 records sit behind it. Sale figures: data as of August 2026. Rent figures: data as of August 2026. Swee Homes is not affiliated with URA or Condo Atlas. General information, not financial advice.