Riverbank @ Fernvale
Located in District 28 (Seletar), Riverbank @ Fernvale is a 99-year leasehold condominium in the Outside Central Region (OCR). The development was completed in 2018 and comprises 555 units, on a lease that commenced in 2013. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
RIVERBANK @ FERNVALE
Over the 12 months to Jul 2026, Riverbank @ Fernvale recorded 24 resale transactions at a median $1,480 psf (median price $1,355,000), and 51 rental contracts at a median $3,200/mo, a gross rental yield of 2.8%. Source: URA caveat data, as of Jul 2026.
Riverbank @ Fernvale's median of $1,480 psf over the trailing 12 months places its pricing below roughly 52% of District 28 condos; resale liquidity has been active with 24 caveats lodged; the 2.8% gross rental yield sits below the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jul-26 | $1,068,000 | $1,503 psf | 710 sqft | 01 to 05 | 2BR |
| Jun-26 | $1,650,000 | $1,580 psf | 1,044 sqft | 16 to 20 | 3BR |
| Jun-26 | $1,350,000 | $1,425 psf | 947 sqft | 06 to 10 | 2BR |
| May-26 | $1,048,000 | $1,475 psf | 710 sqft | 06 to 10 | 2BR |
| Apr-26 | $1,620,000 | $1,552 psf | 1,044 sqft | 06 to 10 | 3BR |
| Mar-26 | $1,458,000 | $1,441 psf | 1,012 sqft | 01 to 05 | 3BR |
| Feb-26 | $1,360,000 | $1,436 psf | 947 sqft | 06 to 10 | 2BR |
| Feb-26 | $1,658,888 | $1,640 psf | 1,012 sqft | 16 to 20 | 3BR |
Can I afford Riverbank @ Fernvale?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,355,000.
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.