RPS · Resale Project Scorecard
Riverwalk Apartments — Grade D
RPS score 4.35/10 · D01 · Boat Quay, Raffles Place, Marina · 118 units · scored across 7 weighted factors — methodology published.
99YR · Premier Realty Pte Ltd · TOP 1985
Weak project — significant gaps in multiple factors. Standout strengths: MRT access. Key weaknesses: future transformation, schools.
Factor breakdown
- Project's Historical Performance25% weight
- 4/10
- Primary School Effect20% weight
- 2/10
- Project Size16% weight
- 5/10
- MRT Proximity13% weight
- 9/10
- Rental Yield10% weight
- 4/10
- Tenure10% weight
- 4/10
- Future Transformation6% weight
- 3/10
Avg Ann. of +2.56% — below-median performance vs same-vintage peers (35th percentile of 1985-era cohort).
No primary schools within 1km — school access is limited, particularly for parents prioritising Primary 1 registration.
118 units — boutique development. Lower transaction frequency and limited shared facilities.
220m from Clarke Quay Mrt Stn (NE5) — direct, walk-in MRT access. Strong commuter appeal.
Rental yield of 2.99% — below-average income return.
99YR tenure — about 53 years remaining; lease decay is starting to impact bank valuations and CPF usage.
Limited future-catalyst exposure — nearest is Greater Southern Waterfront – Keppel/Tanjong Pagar precinct at 2.78km, far enough that the impact on this project is modest.
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The verdict· Scores updated September 2026
Riverwalk Apartments scores 4.35 out of 10 on the TRIBE Resale Project Scorecard, Grade D, ranking 2225th of 2,357 resale condos scored in Singapore and 12th of 14 in District 1 (Boat Quay, Raffles Place, Marina). Its strongest factors are MRT Proximity (9/10) and Project Size (5/10); its weakest is Primary School Effect (2/10). Weak project — significant gaps in multiple factors. Standout strengths: MRT access. Key weaknesses: future transformation, schools.
See all 14 scored condos in District 1 (Boat Quay, Raffles Place, Marina) →
RPS · Resale Project Scorecard
Recent resale transactions at Riverwalk Apartments
12 months to September 2026 (Oct 2025 – Sep 2026): 5 resale transactions, median $1,772 psf, median price $1.46M. Median PSF is up 11.6% on the previous 12 months (Oct 2024 – Sep 2025, $1,588 psf).
| Period | Transactions | Median PSF | Median price |
|---|---|---|---|
| Oct–Dec 2025 | 3 | $1,772 psf | $1.45M |
| Jan–Mar 2026 | 1 | $1,962 psf | $1.60M |
| Apr–Jun 2026 | 1 | $1,429 psf | $1.80M |
| Jul–Sep 2026 | — | — | — |
| 12-month total | 5 | $1,772 psf | $1.46M |
Aggregates of URA REALIS resale caveats (data to September 2026). A specific unit's value depends on floor, size, facing and condition — for a unit-level read, use the Resale Price Check.
Riverwalk Apartments: frequently asked questions
Answers generated from the scorecard data — RPS rank 2225th of 2,357, scores updated September 2026.
- Is Riverwalk Apartments a good buy in 2026?
- Riverwalk Apartments scores 4.35/10 on the TRIBE Resale Project Scorecard (Grade D), which places it 2225th of 2,357 Singapore resale condos and 12th of 14 in District 1 (Boat Quay, Raffles Place, Marina). Weak project — significant gaps in multiple factors. Standout strengths: MRT access. Key weaknesses: future transformation, schools. RPS scores project-level demand fundamentals — not a specific unit or its asking price — so read the grade as a screen: it tells you whether the drivers of resale demand are present, and the price you pay still decides the outcome.
- What is the average PSF at Riverwalk Apartments?
- In the 12 months to September 2026 (Oct 2025 – Sep 2026), URA REALIS records 5 resale transactions at Riverwalk Apartments, at a median of $1,772 psf and a median price of $1.46M (range $1,429 psf to $1,962 psf). The median PSF is up 11.6% on the previous 12 months (Oct 2024 – Sep 2025, $1,588 psf). Figures are aggregates of caveats lodged with URA; a specific unit's value depends on floor, size, facing and condition.
- How far is Riverwalk Apartments from the nearest MRT station?
- Riverwalk Apartments is about 220m from Clarke Quay MRT (NE5), scoring 9/10 on the MRT Proximity factor (13% of the RPS score). Distances are straight-line, and confirmed upcoming stations are also considered.
- How does Riverwalk Apartments compare with Marina Bay Residences?
- Marina Bay Residences is the project scored next to Riverwalk Apartments on the District 1 ranking: 4.67 (Grade C) against Riverwalk Apartments's 4.35 (Grade D). Riverwalk Apartments scores higher on Project's Historical Performance (4 vs 2) and Primary School Effect (2 vs 1); Marina Bay Residences scores higher on Tenure (4 vs 8) and Project Size (5 vs 8).
- What is the tenure of Riverwalk Apartments, and how big is the project?
- Riverwalk Apartments is 99-year leasehold, completed in 1985, has 118 units, developed by Premier Realty Pte Ltd. 99YR tenure — about 53 years remaining; lease decay is starting to impact bank valuations and CPF usage. 118 units — boutique development. Lower transaction frequency and limited shared facilities. Tenure carries 10% of the RPS score and Project Size 16%.
Scored either side of Riverwalk Apartments in Boat Quay, Raffles Place, Marina
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.
- Marina Bay ResidencesC4.67
- Fook Hai BuildingD4.34
- People's Park CentreC4.74
- The Riverside PiazzaD4.19
- Marina One ResidencesC4.78
- People's Park ComplexB6.14
See all 14 scored projects in Boat Quay, Raffles Place, Marina →
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