{"id":82937,"date":"2025-02-25T19:00:31","date_gmt":"2025-02-25T11:00:31","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=82937"},"modified":"2025-02-25T19:00:31","modified_gmt":"2025-02-25T11:00:31","slug":"river-valley-apartments-collective-sale","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/river-valley-apartments-collective-sale\/","title":{"rendered":"River Valley Apartments sold en bloc for S$56 million"},"content":{"rendered":"
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The sale<\/a> of River Valley Apartments marks the first en bloc<\/a> deal of 2025, and it\u2019s making waves in the property market. An undisclosed family office has bought the four-storey freehold building<\/a>, situated along the coveted River Valley Road in District 10<\/a>, for S$56 million. Interestingly, the sale also marks the first residential en bloc sale since 2023.<\/p>\n

This sale translates to a land rate of around S$1,622 per square foot per plot ratio (psf ppr). The Urban Redevelopment Authority (URA)<\/a> has also granted outline planning approval for a serviced apartment project on the site.<\/p>\n

Let\u2019s break down the key details and what this sale tells us about the current trends in Singapore\u2019s en bloc market.<\/p>\n

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Table of Contents<\/h3>\n