RPS · Resale Project Scorecard
Rio Gardens — Grade B
RPS score 6.40/10 · D12 · Balestier, Toa Payoh · 54 units · scored across 7 weighted factors — methodology published.
FH · HOI HUP REALTY PTE LTD · TOP 2005
Solid, middle-of-the-pack project. Standout strengths: schools, tenure. Key weaknesses: total returns, future transformation.
Factor breakdown
- Project's Historical Performance25% weight
- 7/10
- Primary School Effect20% weight
- 10/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 7/10
- Rental Yield10% weight
- 2/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 1/10
Avg Ann. of +4.31% — near-median performance within its 2005-era cohort (68th percentile).
3 primary schools within 1km (nearest: ST ANDREW'S SCHOOL (JUNIOR) at 0.54km). Exceptional school catchment — strong appeal for families with young children.
54 units — very small project; niche product with thin resale market.
0.75km from Potong Pasir Mrt Stn (NE10) — short walk to MRT, good transport convenience.
Rental yield of 2.48% — weak income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Marginal future-catalyst exposure — nearest driver: Newton–Orchard mixed-use precinct at 3.30km, beyond meaningful proximity bands. Score is low but a forward-looking catalyst was still identified.
Primary schools within 1km: ST Andrew's School (Junior), Bendemeer Primary School, HONG WEN School.
RPSResale Project Scorecard
Scored either side of Rio Gardens in Balestier, Toa Payoh
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.