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URA • data.gov.sg
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District 9 - Orchard, River Valley

CCR - 3361 transactions in last 3 years

District 9 (Orchard, River Valley) sits in Singapore's Core Central Region - the prime central districts known for premium pricing, freehold-heavy stock, and strong long-term capital preservation. Buyers here are typically prioritising prestige and resilience over rental yield.

Last transaction: 2026-04-01. Source: URA private residential PMI.

Key Metrics

Median PSF
$2,732
3-year window
Gross Rental Yield
2.6%
annualised, before costs
3Y Appreciation
+1.3%
median PSF CAGR
Supply PressureiHow much new supply is waiting in the pipeline versus how fast the district normally turns over. 1x = the pipeline holds about 1 year of normal demand. 3x = roughly 3 years; once it's that high, new launches tend to weigh on resale prices because buyers have lots of alternatives. Calculated as: incoming pipeline units (excluding already-TOP'd projects) ÷ avg annual district transactions across resale and new-sale. For nascent districts with a thin historical base (Marina South, Tengah-style new towns), the denominator is floored at 50 txns/year so the ratio is not artificially inflated.How much new supply is waiting in the pipeline versus how fast the district normally turns over. 1x = the pipeline holds about 1 year of normal demand. 3x = roughly 3 years; once it's that high, new launches tend to weigh on resale prices because buyers have lots of alternatives. Calculated as: incoming pipeline units (excluding already-TOP'd projects) ÷ avg annual district transactions across resale and new-sale. For nascent districts with a thin historical base (Marina South, Tengah-style new towns), the denominator is floored at 50 txns/year so the ratio is not artificially inflated.
1.8x
moderate incoming supply

Investment Score

40 / 100

Composite of appreciation (40%), yield (20%), supply (20%), schools (20%) - ranked against all 28 districts.

3Y Appreciation(40%)
+1.3%
Gross Yield(20%)
2.6%
Supply Pressure(20%)
1.8x (lower = better)
Schools(20%)
2 schools (0 elite)

Top Transacted Projects

Ranked by transaction volume in the last 3 years.

  • 1RIVER GREEN
    PSF$3,140
    Norm$3,277
    YieldN/A
    Txns (3Y)458
    Pipeline524
  • 2RIVER MODERN
    PSF$3,236
    Norm$3,405
    YieldN/A
    Txns (3Y)403
    Pipeline455
  • 3THE ROBERTSON OPUS
    PSF$3,361
    Norm$3,538
    YieldN/A
    Txns (3Y)195
    Pipeline348
  • 4KLIMT CAIRNHILL
    PSF$3,418
    Norm$3,418
    Yield2.8%
    Txns (3Y)80
    Pipeline-
  • 5THE COLLECTIVE AT ONE SOPHIA
    PSF$2,783
    Norm$2,908
    YieldN/A
    Txns (3Y)80
    Pipeline367
  • 6ORCHARD SOPHIA
    PSF$2,817
    Norm$2,817
    YieldN/A
    Txns (3Y)76
    Pipeline78
  • 7SOPHIA HILLS
    PSF$2,128
    Norm$2,402
    Yield3.8%
    Txns (3Y)73
    Pipeline-
  • 8MARTIN MODERN
    PSF$2,737
    Norm$3,056
    Yield3.7%
    Txns (3Y)71
    Pipeline-
  • 9HILL HOUSE
    PSF$3,104
    Norm$3,267
    YieldN/A
    Txns (3Y)55
    Pipeline72
  • 10OUE TWIN PEAKS
    PSF$2,248
    Norm$2,568
    Yield4.1%
    Txns (3Y)54
    Pipeline-
  • 11KOPAR AT NEWTON
    PSF$2,607
    Norm$2,889
    Yield3.2%
    Txns (3Y)53
    Pipeline-
  • 12IRWELL HILL RESIDENCES
    PSF$2,953
    Norm$3,102
    Yield3.3%
    Txns (3Y)45
    Pipeline-
  • 138 @ MOUNT SOPHIA
    PSF$1,653
    Norm$1,923
    Yield3.5%
    Txns (3Y)43
    Pipeline-
  • 14THE ATELIER
    PSF$2,700
    Norm$2,700
    Yield3.0%
    Txns (3Y)42
    Pipeline-
  • 15ASPEN HEIGHTS
    PSF$2,254
    Norm$2,372
    Yield2.6%
    Txns (3Y)38
    Pipeline-
#ProjectMedian PSFNorm PSFGross YieldTxns (3Y)Incoming Units
1RIVER GREEN$3,140$3,277N/A458524
2RIVER MODERN$3,236$3,405N/A403455
3THE ROBERTSON OPUS$3,361$3,538N/A195348
4KLIMT CAIRNHILL$3,418$3,4182.8%80-
5THE COLLECTIVE AT ONE SOPHIA$2,783$2,908N/A80367
6ORCHARD SOPHIA$2,817$2,817N/A7678
7SOPHIA HILLS$2,128$2,4023.8%73-
8MARTIN MODERN$2,737$3,0563.7%71-
9HILL HOUSE$3,104$3,267N/A5572
10OUE TWIN PEAKS$2,248$2,5684.1%54-
11KOPAR AT NEWTON$2,607$2,8893.2%53-
12IRWELL HILL RESIDENCES$2,953$3,1023.3%45-
138 @ MOUNT SOPHIA$1,653$1,9233.5%43-
14THE ATELIER$2,700$2,7003.0%42-
15ASPEN HEIGHTS$2,254$2,3722.6%38-

About this number

Normalized PSF uses Bala's Table - the Singapore Land Authority differential premium reference for valuing leasehold against freehold. Bala values a fresh 99-year lease at 96% of freehold; the curve drops non-linearly, reaching ~75% at 50 years remaining and ~60% at 30 years.

Below 40 years remaining we stop normalizing because the curve diverges from market reality once CPF withdrawal restrictions and bank LTV cliffs dominate.

A separate 5% adjustment applies to projects whose lease commenced before 2023, reflecting the older strata-area measurement convention (which counted air-con ledges and bay windows).

Source: Singapore Land Authority differential premium reference (Bala's Table).

Amenities

2 tracked primary schools.

  • Anglo-Chinese School (Junior)P1 ratio 1.2x
  • River Valley Primary SchoolP1 ratio 1.1x

Incoming Supply

  • River Green
    524 unitsTOP na
  • River Modern
    455 unitsTOP na
  • The Collective At One Sophia
    367 unitsTOP na
  • THE ROBERTSON OPUS
    348 unitsTOP 2027
  • The Robertson Opus/Robertson Walk
    348 unitsTOP 2028
  • ORCHARD SOPHIA
    78 unitsTOP 2027
  • HILL HOUSE
    72 unitsTOP 2026
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