Is $1,600 psf too high for an executive condominium?

No, an EC psf of S$1,600 is not too high for Rivercove Residences in current market conditions. Recent resale transactions and listings show prices frequently at or above this level, with October 2025 sales ranging from S$1,445 psf to S$1,660 psf, January 2026 deals at S$1,576 psf to S$1,649 psf, and the project's all-time high at S$1,764 psf in January 2026.

Current listings for 3-bedroom units are asking S$1,640 psf to S$1,710 psf, while the 12-month average sits at S$1,344 psf, indicating S$1,600 aligns with premium units amid upward momentum post-MOP in October 2025. Comparable market data places average psf around S$1,596 to S$1,617, supporting value in Sengkang's family-friendly location near LRT and amenities.