Why This 24-Year-Old Condo Outperformed Its Newer Neighbours In Singapore
January 8, 2026
Rio Vista, a 99-year leasehold condominium along Upper Serangoon View in District 19, defied expectations to become a top performer in 2025. Back when it was completed in 2004, Rio Vista had only one neighbour – Evergreen Park, a 99-year leasehold condo that was completed in 1999. Back then, these two developments were the only condominiums in their neighbourhood with a waterfront view of the Serangoon River.
But subsequently, a slew of condos like Boathouse Residences (2015), Riversails (2016), Kingsford Waterbay (2018), and Riverfront Residences (2023) were subsequently developed. At the time, this came with concerns that this quiet area in the North East Region was getting too crowded with new condos.
Nonetheless, the 716-unit Rio Vista seemed to shrug off the competition, and despite being older than many of its neighbours it managed to top our charts last year. Here’s a look at what made Rio Vista work so well:
Ryan J. Ong
A seasoned content strategist with over 17 years in the real estate and financial journalism sectors, Ryan has built a reputation for transforming complex industry jargon into accessible knowledge. With a track record of writing and editing for leading financial platforms and publications, Ryan's expertise has been recognised across various media outlets. His role as a former content editor for 99.co and a co-host for CNA 938's Open House programme underscores his commitment to providing valuable insights into the property market.Need help with a property decision?
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