We track 168 sales and 260 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the RIVERBANK @ FERNVALE dashboard.
- Average sale price: $1,189,379 across 168 transactions
- Estimated gross rental yield: 3.0%
- District 28 PSF ranking: Above average (top 50%)
- 99 yrs lease commencing from 2013 · OCR · D28 · 555 units
About RIVERBANK @ FERNVALE
RIVERBANK @ FERNVALE is a 99 yrs lease commencing from 2013 condominium, located at FERNVALE CLOSE in District 28 (Seletar) (Outside Central Region), developed by UOL DEVELOPMENT (SENGKANG) PTE. LTD, comprising 555 residential units, completed in 2018.
With approximately 86 years remaining on its 99-year lease, the property qualifies for full bank financing and CPF usage.
Unit Mix Distribution
Transaction data breakdown by bedroom type at RIVERBANK @ FERNVALE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 23 | $1,397 psf | $691,913 |
| 1 BR | 15 | $1,337 psf | $892,933 |
| 2 BR | 37 | $1,337 psf | $1,133,937 |
| 3 BR | 89 | $1,271 psf | $1,354,530 |
| 4 BR | 4 | $1,440 psf | $1,999,722 |
Sales Market Overview
RIVERBANK @ FERNVALE has recorded 168 sale transactions with an average transaction price of $1,189,379, ranging from $605,000 to $2,180,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 42 | $1,168 psf | $1,121,926 | — |
| 2022 | 42 | $1,271 psf | $1,062,227 | ↑ 8.8% |
| 2023 | 28 | $1,328 psf | $1,157,642 | ↑ 4.4% |
| 2024 | 25 | $1,403 psf | $1,332,582 | ↑ 5.7% |
| 2025 | 25 | $1,465 psf | $1,350,836 | ↑ 4.5% |
| 2026 | 6 | $1,534 psf | $1,430,315 | ↑ 4.7% |
RIVERBANK @ FERNVALE ranks in the top 50% of condos in District 28 by average PSF.
Compared to the OCR average of $1,550 psf, RIVERBANK @ FERNVALE trades 15.3% below the segment benchmark.
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Rental Market Overview
RIVERBANK @ FERNVALE has recorded 260 rental transactions with monthly rents averaging $2,990/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 63 | $2,398/mo | $1,700/mo | $3,000/mo |
| 2 BR | 106 | $2,894/mo | $1,800/mo | $4,000/mo |
| 3 BR | 85 | $3,438/mo | $1,500/mo | $6,500/mo |
| 4 BR | 5 | $4,440/mo | $4,000/mo | $5,100/mo |
| 5+ BR | 1 | $5,000/mo | $5,000/mo | $5,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 41 | $2,244/mo |
| 2022 | 64 | $2,778/mo |
| 2023 | 44 | $3,317/mo |
| 2024 | 48 | $3,218/mo |
| 2025 | 47 | $3,286/mo |
| 2026 | 16 | $3,292/mo |
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Investment Analysis
Based on average rents and sale prices, RIVERBANK @ FERNVALE delivers an estimated gross rental yield of 3.0%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 28
Side-by-side comparison against the most actively traded condos in District 28 (Seletar):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| PARC GREENWICH | 99 yrs lease commencing from 2020 | 496 | $1,234 psf | 496 |
| HIGH PARK RESIDENCES | 99 yrs lease commencing from 2014 | 1376 | $1,482 psf | 407 |
| THE TOPIARY | 99 yrs lease commencing from 2012 | 700 | $1,223 psf | 401 |
| PARC BOTANNIA | 99 yrs lease commencing from 2016 | 735 | $1,592 psf | 206 |
| SELETAR HILLS ESTATE | 999 yrs lease commencing from 1879 | — | $1,495 psf | 195 |
Location Map
Map shows RIVERBANK @ FERNVALE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- RIVERBANK @ FERNVALE
- Layar MRT
- Kupang MRT
- Fernvale MRT
- Thanggam MRT
- Tongkang MRT
- Chongfu School
- Fernvale Primary School
- North Vista Primary School
Nearby MRT Stations
RIVERBANK @ FERNVALE is 360m from Layar MRT (Sengkang LRT), with 8 stations within 1.5 km.
Nearby Schools
There are 13 schools within 2 km of RIVERBANK @ FERNVALE, including 4 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Chongfu School | Primary | 410m |
| Fernvale Primary School | Primary | 480m |
| North Vista Primary School | Primary | 800m |
| North Vista Secondary School | Secondary | 800m |
| Anchor Green Primary School | Primary | 1.2 km |
| Sengkang Secondary School | Secondary | 1.4 km |
| Nan Chiau Primary School | Primary | 1.5 km |
| Compassvale Secondary School | Secondary | 1.5 km |
| Seng Kang Primary School | Primary | 1.6 km |
| Sengkang Green Primary School | Primary | 1.6 km |
| Compassvale Primary School | Primary | 1.7 km |
| Greendale Primary School | Primary | 1.8 km |
FAQ
What is the average price for RIVERBANK @ FERNVALE?
What is the rental yield for RIVERBANK @ FERNVALE?
Is RIVERBANK @ FERNVALE freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 168 transactions analysed
- Rental data: 260 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for RIVERBANK @ FERNVALE
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