Riverbank @ Fernvale

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

  See All 3 Photos

Sale Price *

Average
S$ 1,228 psf
Range
S$ 1,011 - 1,444 psf

Rental Price **

Average
S$ 3.4 psf pm
Range
S$ 1.7 - 5.6 psf pm

Rental Yield **

3.3%

Rental income expressed as a percentage of the property's value.

Amenities

2.6
2.6

Convenience

4.2
4.2

Connectivity

Details

No Data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
4 Facilities Available
Drop Off Point
Drop Off Point
Lift lobby
Lift lobby
Main entrance
Main entrance
24 hours security
24 hours security
Description
Riverbank @ Fernvale is a leasehold (99 yrs from 2013) condominium completed in 2017. It is developed by UOL DEVELOPMENT (SENGKANG) PTE LTD and designed by DP ARCHITECTS PTE LTD. The development occupies a land area of 16,629 sqm and a Gross Floor Area of 49,885 sqm. It consists of 555 units. According to records, buyers of this development are Singaporean 80.6%, PR 15.7%, Foreigner 3.7%, Company 0.0%.

RIVERBANK @ FERNVALE is located along Fernvale Close in Sengkang, in District 28. It is accessible through the nearest MRTs including Sengkang STC, NE16 and Buangkok NE15. The nearest schools are PEI HWA SECONDARY SCHOOL and SENGKANG GREEN PRIMARY SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 1,011 psf to S$ 1,444 psf at an average of S$ 1,228 psf. Its highest recorded transaction was S$ 1,444 psf in Jul 2022 for a 495-sqft unit. Its lowest recorded transaction was S$ 791 psf in Mar 2014 for a 710-sqft unit. Its current rental yield is at 3.3%.

Other nearby amenities include: 3 Childcare Centre(s): GREENLAND CHILDCARE @ FERNVALE PTE LTD, PCF SPARKLETOTS KCARE CENTRE@SENGKANG WEST BLK 470A, WHOLE CHILD NURTURE CENTRE, and 3 Grocerie(s): SHENG SIONG SUPERMARKET PTE LTD, SHENG SIONG SUPERMARKET PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Kindergarten(s): PCF SPARKLETOTS PRESCHOOL @ SENGKANG WEST Blk 416A (KN), PCF SPARKLETOTS PRESCHOOL @ SENGKANG WEST Blk 436D (KN), Sengkang Methodist Children Centre, and 1 Shopping Mall: FERNVALE POINT.

Buyers and tenants are attracted to District 28, which comprises of Seletar and a part of Yio Chu Kang. This district is served by the Yio Chu Kang MRT station of the North-South Line and bus service originating from Yishun Bus Interchange. A notable landmark in this district is the Seletar Aerospace Park. The 320ha development is an industrial park in Singapore to cater to the industrial and business aviation industries.

The North-East Region is the second largest and most densely populated of the five regions in Singapore, with Sengkang being its most populous town. Spanning 13,810ha, the North-East Region is mainly a residential region and housing estate largely comprised of HDB flats. In addition to a myriad of amenities including hospitals, parks, schools and transport options, the region is also home to a few tourist attractions such as Pulau Ubin and Coney Island. Seletar Aerospace Park, which comprises of several aviation manufacturing and research facilities by companies such Rolls-Royce and Singapore Technologies Aerospace, provide employment opportunities to residents both within and beyond the region. Sengkang General Hospital, a 1000-bed hospital, is the largest in the region and is built to further the government's efforts to provide quality and accessible healthcare to all Singaporeans.
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What they say
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4
"Nice & quiet condo next to the river. There is side gate to the PCN that leads to Layar LRT in 4 mins walking."
A*** V*
Google Review     |   20 Mar 2022
5
"A nice place to have your evening stroll"
M*** S****** Z******
Google Review     |   14 Dec 2021
5
"Nice development. Good furnishings,"
L** S***
Google Review     |   02 Nov 2021
5
"Sky park with magnificent view ! "
L*** H*
Viewer     |   07 Jul 2021
5
"Lovely condominium complex. It is windy here and greenish. There are a lot of plants and trees inside but downside there are a lot of bugs and insects around. There are rooftop garden. The view is beautiful from there. You can see river view, stadium, and a lot of things from there. Just that this place only has few facilities for kids. Maybe because it has only 4 towers."
W****** L**
Google Review     |   23 Mar 2021
5
"Peaceful and beautiful swimming pool."
M**** P****
Google Review     |   23 Jan 2021
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Floor Plans
11
1
1

RIVERBANK @ FERNVALE - 11 - 1 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
No Data
Unit Mix
Bedroom Type
1BR
Area
495 - 603 sqft
No. of Units
67
Bedroom Type
2BR
Area
689 - 1216 sqft
No. of Units
89
Bedroom Type
3BR
Area
947 - 1055 sqft
No. of Units
340
Bedroom Type
4BR
Area
1098 - 1335 sqft
No. of Units
42
Bedroom Type
5BR
Area
1389 - 1389 sqft
No. of Units
17

Sales Transaction of RIVERBANK @ FERNVALE (Limited to 10)

Unit Search
#
There are 663 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Date
Area(sqft)
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No Data
Rental Transactions of RIVERBANK @ FERNVALE
There are 326 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
400 to 500
2,064
7
670,889
9
3.7
500 to 600
2,275
2
-
-
-
600 to 700
2,567
3
-
-
-
700 to 800
2,550
2
-
-
-
800 to 900
3,200
1
1,060,000
1
3.6
900 to 1000
2,975
4
1,186,378
5
3.0
1000 to 1100
2,890
5
1,257,172
11
2.8
Historical Quarterly Rental
Note: 25% of the tenant population paid below Rental 25th, 50% paid below the Median Rental and 75% paid below Rental 75th. Data are only available if there are more than 10 contracts signed in any quarter.

Graph Data

Table Data

PeriodRental 25th (S$ psf pm)Median Rental (S$ psf pm)Rental 75th (S$ psf pm)Contacts Signed
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Nearby Land Sales

No Data

Listings

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6
$700,000

    • 1 bed
    • 1 bath
    • Condominium
    • D28
    • 2017
    • 99 years
    • S$ 1,410 psf
    • 495 sqft
    • Fernvale Close
    Angie Lua
    send_enquiry

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