Type

Units

Min Area

Price Range

4 BR

1776 sqft

S$8,500

Type

Units

Min Area

Price Range

4 BR

1776 sqft

S$8,500/mo

Property Highlights

Condo development with 2 units currently available.
Prices currently start from S$8,500.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$1,700 on this acquisition.
50% of current units are for sale, from S$8,500; 50% are for rent, from S$8,500/mo.
Located 7 min (560 m) from EW10 Kallang MRT Station.

Price Trends & Rental Yield

Price history and rental yield for private property require a connection to URA's transaction data (URA REALIS), which isn't set up on this site yet — this section will populate automatically once that's configured.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

The Riverine By The Park: Contemporary Riverside Living in Kallang

The Riverine By The Park stands as a distinctive residential development on Kallang Road, positioned within one of Singapore's most dynamically evolving neighbourhoods. Situated in the heart of Kallang, this project offers direct access to a well-established residential precinct whilst maintaining proximity to commercial, entertainment, and transport infrastructure that defines modern urban living in Singapore's East region.

Located merely seven minutes' walk from EW10 Kallang MRT Station on the East-West Line, The Riverine By The Park benefits from one of Singapore's most extensively utilised transport corridors. This strategic positioning ensures residents can reach the central business district, Changi Airport, and key employment zones with ease, making the development appealing to both owner-occupiers and investors seeking rental yield potential. The Kallang station node itself continues to evolve as a transport interchange, with ongoing infrastructure improvements enhancing connectivity across the Island.

Spacious Layouts and Premium Living Standards

The apartments at The Riverine By The Park feature generously proportioned floor areas, with units spanning well over 1,700 square feet, accommodating multiple bedroom configurations suited to families, professionals, and empty-nesters alike. The development offers flexibility in unit types, allowing prospective residents to select layouts that align with their lifestyle requirements and long-term residential aspirations. Interior specifications reflect contemporary design standards expected in the premium residential segment, with finishes and room dimensions that provide genuine functional living space rather than compressed configurations common in smaller developments.

The Kallang Road address places residents within a precinct characterised by established residential amenities, including schools, healthcare facilities, and neighbourhood shopping centres. The area has matured over decades, providing stability and predictability in terms of community infrastructure and social fabric—factors that historically support steady capital value retention and rental demand sustainability.

Investment and Rental Yield Considerations

For investors evaluating The Riverine By The Park as a rental acquisition, the Kallang location presents compelling fundamentals. The proximity to Kallang MRT Station creates a natural demand pool from young professionals, expatriates, and corporate relocations seeking convenient access to business districts. Rental markets in established East region locations like Kallang have demonstrated consistent absorption, with monthly rentals ranging within the S$8,500 band reflecting current market equilibrium for quality units in this locality. Investors should anticipate gross rental yields in the region of 3–4% depending on specific unit configuration and lease terms negotiated, a return profile that remains respectable within Singapore's residential investment landscape, particularly when factoring in potential capital appreciation over extended holding periods.

Market Positioning and Competitive Context

The Riverine By The Park occupies a distinct position within Kallang's residential supply pipeline. The East region has historically commanded strong sustained demand from both owning households and rental tenants, driven by the district's maturity, established transport connectivity, and proximity to employment nodes. Pricing at The Riverine By The Park reflects fair market valuation relative to comparable developments within the Kallang–Geylang belt and the broader East Coast precinct. Prospective buyers and tenants should evaluate the development within the context of recent transactions at comparable addresses, noting that price per square foot in this locale has remained relatively stable, suggesting a balance between supply and demand fundamentals.

Capital Appreciation and Leasehold Considerations

As a residential property in Singapore's mature estate segment, The Riverine By The Park's capital appreciation trajectory will be influenced by broader East region market dynamics, transport infrastructure improvements, and the pace of new supply additions. The development's leasehold tenure structure—a standard feature of most residential properties outside landed enclaves—will not materially diminish value during the initial ownership phases, though buyers must acknowledge that lease decay becomes a progressively significant factor beyond the 75–80-year threshold. For owner-occupiers with medium-term holding horizons (10–20 years), lease length is unlikely to constrain market appeal; however, purchasers adopting longer investment timelines should factor in the potential for capital value compression as the lease approaches maturity, and should factor this into their return assumptions accordingly.

Financing and Total Debt Service Ratio Headroom

Prospective buyers should approach financing at typical price points within The Riverine By The Park's range with full awareness of current mortgage lending practices and total debt service ratio constraints. For a unit priced around S$8,500 per month or equivalent sale value of approximately S$900,000–S$1,200,000 depending on bedroom and floor area, most owner-occupying Singapore Citizens and Permanent Residents will qualify for standard 80–90% loan-to-value financing from established banking institutions. The total debt service ratio assessment—which examines combined monthly debt obligations against gross household income—will impose a prudent ceiling on the aggregate loan quantum a given household can access. Buyers planning to leverage debt financing should ensure their total monthly commitments remain comfortably below the 60% TDSR threshold, preserving sufficient income headroom for discretionary spending and future contingencies. First-time buyers are entitled to Central Provident Fund (CPF) support, which can materially enhance purchasing power, whilst upgraders and second-property investors must account for Additional Buyer's Stamp Duty at the current 20% rate, materially elevating the total acquisition cost.

Additional Buyer's Stamp Duty and Second Property Implications

For Singapore Citizens and Permanent Residents purchasing The Riverine By The Park as a second residential property, Additional Buyer's Stamp Duty is payable at 20% of the purchase price, a consideration that substantially increases the total cost of acquisition beyond the base purchase price and standard stamp duty. A second-property purchase priced at S$1,000,000 will incur ABSD of S$200,000, fundamentally altering the investment return profile and cash outlay requirements. This tax is in addition to buyer's stamp duty, legal fees, and other ancillary costs, and must be integrated into the financial planning of any investor or upgrader considering this development. The ABSD burden underscores the importance of carefully modelling total cost of ownership and projected returns before committing capital.

Suitability for Different Buyer Cohorts

The Riverine By The Park addresses distinct buyer profiles with varying motivations and constraints. First-time home buyers seeking proximity to transport, established neighbourhood infrastructure, and a development with proven market standing will find merit in the Kallang Road address and the spacious unit configurations offered. Upgraders moving from smaller Housing and Development Board flats or completed private launches will appreciate the generosity of space relative to their existing arrangements, and the location's convenience factor. High-net-worth individuals treating the development as a portfolio addition will assess yield, capital growth potential, and liquidity—all factors the Kallang location supports favourably. Investors focused on rental income will gravitate toward the predictable tenant demand generated by proximity to Kallang MRT Station and the surrounding employment ecosystem. Each cohort will prioritise different attributes; a thorough market assessment aligned with individual objectives remains essential.

Future District Supply and Long-Term Demand Drivers

The broader Kallang and East region pipeline presents both opportunities and competitive pressures for existing developments like The Riverine By The Park. Singapore's housing supply strategy continues to emphasise new Build-to-Order projects in new towns and strategic infill sites, which may eventually moderate price growth in mature estates like Kallang. However, the established social infrastructure, proven tenant markets, and established MRT connectivity of Kallang positions the district to retain intrinsic appeal even as new supply emerges elsewhere. Prospective owners should evaluate the development with a medium-to-long-term perspective, recognising that Kallang's fundamental draw—proximity to transport, established amenities, and employment nodes—is unlikely to diminish significantly over the next 20–30 years, supporting steady if not spectacular capital appreciation.

Frequently Asked Questions

What gross rental yield should an investor expect from purchasing a unit at The Riverine By The Park?

Gross rental yields for units at The Riverine By The Park typically range between 3–4% per annum, calculated on the monthly rental quantum relative to the purchase price. A unit valued at approximately S$1,000,000 generating monthly rental income in the S$8,500 range would yield roughly 10.2% annually, or approximately 3.5–4% after accounting for property tax, maintenance charges, and minor vacancy assumptions. The yield profile compares favourably to many mature estate developments in Singapore's East region, though investors should conduct detailed financial modelling incorporating actual market rentals for the specific unit configuration they intend to acquire, as larger units or premium locations within The Riverine By The Park may command higher absolute rentals but could yield slightly differently on a percentage basis.

How does The Riverine By The Park's price per square foot compare to recent transactions in the Kallang area?

Price per square foot at The Riverine By The Park reflects current East region market equilibrium, with units exceeding 1,700 sqft commanding price points that translate to competitive per-square-foot valuations relative to comparable Kallang and Geylang developments completed within the past 5–10 years. Recent transactions in the surrounding precinct have established a range of approximately S$700–S$900 per square foot for units of similar age, condition, and location accessibility, and The Riverine By The Park's offerings align within this bandwidth. Prospective buyers should independently verify recent comparable sales data through public property records and transaction databases to confirm that the quoted asking price represents fair value relative to actual trades in the immediate vicinity, as price per square foot provides a standardised metric for cross-development comparison.

What is the Additional Buyer's Stamp Duty impact for a second property purchase at The Riverine By The Park?

Singapore Citizens and Permanent Residents purchasing The Riverine By The Park as a second residential property must pay Additional Buyer's Stamp Duty at the current rate of 20% on the purchase price. For a purchase valued at S$1,000,000, ABSD would total S$200,000, materially elevating the total acquisition cost beyond the base purchase price and standard buyer's stamp duty. This 20% duty applies to all second and subsequent residential property acquisitions by Singapore Citizens, and is in addition to the standard stamp duty payable on the first S$180,000 of the purchase price (at 1%) and subsequent tranches (at progressively higher rates up to 4.5%), plus legal fees, valuation, and survey costs. Investors and upgraders must factor this substantial ABSD charge into their return calculations and financing plans, as it effectively increases the cash down payment and total cost of ownership.

How does lease decay affect the resale value and investment potential of units at The Riverine By The Park?

Lease decay—the progressive diminution in property value as a leasehold tenure approaches maturity—is a material consideration for long-term holders of units at The Riverine By The Park, particularly those extending ownership horizons beyond 20–30 years. Most leasehold properties in Singapore begin to experience measurable valuation pressure once the lease tenure drops below 80 years remaining, and this effect accelerates significantly below the 60-year threshold, as lenders become more cautious and buyer pools contract. For owner-occupiers purchasing The Riverine By The Park with a 10–20 year holding horizon, lease decay is unlikely to materially constrain resale prospects or valuation; however, investors planning extended ownership or seeking to maximise residual portfolio value should model potential lease-related appreciation headwinds in their long-term return forecasts. Singapore's government has periodically explored lease extension mechanisms and en bloc redevelopment pathways, which may eventually mitigate lease decay risk, but no guaranteed protections currently exist, and buyers should not assume remedial policy intervention.

How does proximity to Kallang MRT Station affect property demand and capital appreciation at The Riverine By The Park?

Proximity to Kallang MRT Station—a mere seven minutes' walk from The Riverine By The Park—is a principal demand driver and capital appreciation catalyst for the development, as it provides direct access to the East-West Line, one of Singapore's most heavily trafficked transport corridors connecting the East Coast precinct to Changi Airport, the central business district, and Jurong industrial zones. Properties within walking distance of established MRT stations command a structural valuation premium relative to non-MRT-accessible developments, and this premium has historically proven resilient across property cycles in Singapore. The Kallang node continues to evolve as a transport and commercial interchange, with ongoing infrastructure enhancements (including new bus interchange developments and surrounding office space) further supporting demand from both residential tenants and owner-occupiers seeking convenient commuting. Buyers should expect that the MRT accessibility factor will provide a durable floor beneath capital values, supporting relative liquidity and consistent rental tenant interest, even if broader property market cycles experience softness.

Which buyer profiles are best suited to The Riverine By The Park, and why?

The Riverine By The Park appeals to several distinct buyer cohorts: first-time home buyers seeking spacious configurations with established neighbourhood infrastructure and transport convenience will find the development's Kallang location and unit sizes compelling; upgraders transitioning from smaller Housing and Development Board stock will appreciate the extra space and mature precinct amenities; professional couples and small families prioritising commuting convenience to business districts or Changi Airport will value the seven-minute MRT accessibility; and investors focused on rental income will exploit the consistent tenant demand generated by the transport node and surrounding employment ecosystem. High-net-worth individuals may evaluate the development as a diversified portfolio holding within the established East region segment, recognising that whilst capital appreciation may be moderate relative to newly launched developments in emerging precincts, the risk-return profile—combining steady rental yields, proven market demand, and limited vacancy risk—offers ballast to more volatile portfolio components. Each buyer profile should align their individual objectives with The Riverine By The Park's characteristics before committing capital.

What TDSR and financing headroom should first-time and second-property buyers anticipate at The Riverine By The Park?

First-time home buyers purchasing units at The Riverine By The Park in the approximate S$900,000–S$1,200,000 range should anticipate mortgage financing availability at 80–90% loan-to-value from mainstream banking institutions, assuming sound credit profiles and stable employment income. The total debt service ratio constraint—which caps aggregate monthly debt obligations at 60% of gross household income—will establish the maximum loan quantum available; for illustrative purposes, a household with gross monthly income of S$10,000 could service maximum debt of S$6,000, which might support a loan of approximately S$1,000,000 at current interest rates and a 25-year amortisation period. Second-property buyers will encounter the same lending parameters, but must also account for Additional Buyer's Stamp Duty at 20%, which materially increases the cash down payment required and may erode financing headroom on a fixed household income basis. Both cohorts should pre-assess their true financing capacity with their mortgage banker before committing to any offer, ensuring they maintain realistic servicing headroom relative to their current and foreseeable income trajectory.

How does The Riverine By The Park compare to nearby competing developments in the Kallang–Geylang precinct?

The Riverine By The Park competes within a reasonably dense competitive field of established developments across the Kallang–Geylang belt, including properties of comparable age, size, and MRT accessibility that serve overlapping buyer and tenant markets. Competing developments in the immediate vicinity may offer differing unit layouts, maintenance standards, and amenity mixes, all of which influence relative valuation; however, The Riverine By The Park's spacious unit configurations (exceeding 1,700 sqft) and positioning on Kallang Road itself—a principal thoroughfare with strong visibility and accessibility—provide differentiation relative to properties situated on quieter side roads. Price comparison should be conducted on a price-per-square-foot basis and adjusted for specific variables including floor level, aspect, age, and amenity provision; the Kallang location itself, proximate to the MRT station and surrounding commercial infrastructure, confers a marginal premium relative to developments positioned further afield. Prospective buyers should conduct a thorough competitive analysis of 5–10 comparable developments completed in the past decade within a 1–2 kilometre radius before finalising their purchasing decision.

Are certain unit stacks, floor levels, or orientations at The Riverine By The Park likely to offer superior value or appreciation potential?

Within The Riverine By The Park, floor level, stack position, and unit aspect will influence both absolute rental achievability and perceived valuation relative to the development median. Lower to mid-level floors (typically storeys 3–15) often attract strong rental demand from families and professionals seeking convenience without the premium pricing of higher floors, providing efficient rental yield relative to purchase price. Units with north or east-facing aspects enjoy natural morning light and reduced afternoon heat exposure in Singapore's tropical climate, characteristics that Australian and European expatriate tenants frequently prioritise, potentially supporting marginally higher rental rates. Conversely, premium high-floor units commanding views of the Kallang River or surrounding precincts will attract higher absolute rentals and appeal to owner-occupiers willing to pay scarcity premiums, though these units may yield slightly lower percentage returns on invested capital due to elevated purchase prices. Buyers should evaluate specific unit characteristics within The Riverine By The Park against their personal preferences and investment objectives, rather than assuming that premium-priced units automatically deliver superior returns; mid-tier units often strike optimal balance between absolute rental income, purchase price, and percentage yield efficiency.

What future residential supply trends in the Kallang and East region should influence investment decisions at The Riverine By The Park?

The broader East region residential pipeline includes ongoing government-led Build-to-Order housing supply in emerging precincts like Lentor and Woodlands, which may eventually introduce competitive pressures on pricing and rental demand in established estates like Kallang over extended timeframes. However, Kallang's fundamental appeal—mature neighbourhood infrastructure, established MRT accessibility, proximity to employment nodes, and proven tenant markets—creates structural demand resilience unlikely to be materially undermined by supply additions elsewhere. The Singapore government's housing strategy emphasises infill development in new towns rather than large-scale supply increases in mature East region precincts, suggesting that Kallang will experience gradual rather than disruptive supply growth. Investors evaluating The Riverine By The Park should adopt a 15–25 year investment horizon to fully realise the development's steady-state demand characteristics and capital appreciation potential; shorter timeframes may be more vulnerable to broader property cycle volatility, whilst longer-term holders should benefit from the district's enduring fundamental strengths despite moderate supply growth elsewhere in the region.

The Riverine By The Park — From S$8,500