Singapore’s Riviere condominium has emerged as the priciest completed 99-year leasehold condo in the Rest of Central Region (RCR), commanding an average resale price of $2,942 psf, according to EdgeProp Market Trends as of August 2025. Notably, this is 41.7% higher than the RCR average of $2,076 psf and 73.2% above the islandwide average of $1,699 psf.
District 3 dominates the top 10 price chart, featuring five condos including Riviere, Stirling Residences, Highline Residences, Artra, and Alex Residences, with District 14 contributing two entries. Riviere stands out as the only condo exceeding $2,500 psf in the RCR, surpassing the second-ranked One-North Eden by 22.5%.
Popularity and Launch Performance
Riviere’s appeal was evident from its May 2019 launch, which drew around 1,000 potential buyers. Strong interest led to full sales by May 2023. At launch, the condo achieved an average price of $2,894 psf, which has since risen 1.7% to $2,942 psf, indicating the development’s resilience in the resale market.
The development features:
- 455 residential units
- Three conserved warehouses formerly housing Zouk, now a lifestyle hub
- 72-unit serviced apartment, Fraser Residence River Promenade (TOP 2023)
Factors Driving High Resale Prices
- Youth of the Development: Riviere received its TOP in 2023, making it only two years old, one of the newest condos among the top 10 RCR entries. Younger condos benefit from minimal lease decay, sustaining higher prices.
- Central Location by Singapore River: Within 500m of Great World City, New Bahru, River Valley Primary School, and close to Havelock and Great World MRT Stations on the Thomson-East Coast Line. The proximity to Orchard Road and CBD adds convenience.
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Variety of Units:
- Unit types: 1-bedroom to 4-bedroom, ranging from 560 sq ft to 2,002 sq ft
- Two layouts: Viva and Prive, with Prive units offering private lifts and larger sizes
- Three-bedroom units dominate; Prive units average $2,896 psf, Viva units $2,665 psf
- Limited Comparable Leasehold Condos Nearby: Only three completed 99-year leasehold condos within walking distance (Harvest Mansions, Up@Robertson Quay, Martin Modern), making Riviere a rare, centrally-located option with a long remaining lease of 92 years.
Resale Performance
Despite its youth, Riviere has seen 12 profitable resale transactions, with profits ranging from $89,000 to $622,000. The largest gain was achieved on a 2,002 sq ft unit sold for $6.05 million ($3,022 psf), bought in 2022 for $5.428 million ($2,711 psf).
Even the smaller three-bedroom units delivered substantial profits, demonstrating strong market demand and capital appreciation potential for buyers in District 3.
📊 Infographic Snapshot: Riviere Key Highlights
- 🏢 Average Resale Price: $2,942 psf
- 📈 Price Above RCR Average: +41.7%
- 🏘 Units: 455 (1–4 bedrooms), Viva & Prive layouts
- ⏳ TOP: 2023 (2 years old)
- 🚇 MRT Access: Havelock & Great World Stations, Thomson-East Coast Line
- 🛍 Nearby Amenities: Great World City, River Valley Primary, Orchard Road, CBD
- 💰 Profitable Transactions: 12, profits $89k–$622k
- 🔑 Prive vs Viva: Private lift, larger unit size, walk-in wardrobe for Prive
✅ Summary Highlights
- ✅ Riviere ranks highest among RCR 99-year leasehold condos, with $2,942 psf resale
- ✅ Strong launch and full sales by 2023 indicate sustained market demand
- ✅ Central location near Singapore River, MRT, and amenities drives appeal
- ✅ Young age (TOP 2023) helps preserve value against lease decay
- ✅ Limited comparable completed 99-year leasehold condos nearby enhances exclusivity
- ✅ Prive units with private lifts offer premium options, larger sizes, and higher resale value
📞 Call to Action:
For buyers seeking a centrally-located, premium leasehold condo in District 3 with strong resale potential, Riviere represents a rare opportunity. Reach out for personalized insights on unit availability, pricing, and investment potential in the RCR market.