Rivertrees Residences

Rivertrees Residences is a leasehold (99 yrs from 2013) terrace house completed in 2017. It is developed by WATERVINE HOMES PTE LTD and designed by ADDP ARCHITECTS LLP. The development occupies a land area of 14,931 sqm and a Gross Floor Area of 44,792 sqm. It consists of 495 units. According to records, buyers of this development are Singaporean 100.0%, PR 0.0%, Foreigner 0.0%, Company 0.0%.

RIVERTREES RESIDENCES is located along Fernvale Close in Sengkang, in District 28. It is accessible through the nearest MRTs including Sengkang STC, NE16 and Buangkok NE15.

Based on transaction data in the last 12 months, sale prices range from S$ 1,341 psf to S$ 1,374 psf at an average of S$ 1,358 psf. Its highest recorded transaction was S$ 1,374 psf in Feb 2024 for a 1,528-sqft unit. Its lowest recorded transaction was S$ 1,060 psf in Sep 2020 for a 1,528-sqft unit. Its current rental yield is at 2.5%. Other nearby amenities include: 3 Grocerie(s): SHENG SIONG SUPERMARKET PTE LTD, SHENG SIONG SUPERMARKET PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, 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.