CommercialRESIDENTIALLeaseholdDistrict 28 · Sengkang

Rivertrees Residences

Reviewed by Nathan TangUpdated 8 November 2026Data through Aug 2021

Quick Summary

Rivertrees Residences is a commercial building in District 28 · Sengkang, on land zoned RESIDENTIAL under the URA Master Plan with a gross plot ratio of 3.0. It is leasehold with roughly 86 years remaining. 2 transactions are on record since 1995, most recently in Aug 2021. ACRA records 4 live company registrations at this address.

The facts are here — now get the verdict on Rivertrees Residences.

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What are the key facts about Rivertrees Residences?

Key takeawayRivertrees Residences is a commercial building in District 28 · Sengkang, zoned RESIDENTIAL, held leasehold.

Asset class: Commercial
Land-use zone: RESIDENTIAL
Gross plot ratio: 3.0
Tenure: Leasehold
District / Area: District 28 · Sengkang
Address: 23 Fernvale Close
Land area: 14,931 sqm
Completed: Not on record
Storeys: 20 (© OpenStreetMap contributors)
Strata lots (whole development, MCST): 496
Managing agent: SMART PROPERTY MANAGEMENT (SINGAPORE) PTE LTD
Strata formed: 2018 (MCST 4586)
Submarket: Suburban
Units with a recorded sale: At least 1
Transactions on record: 2 (records start 1995)
Live listings: None
ACRA registrations: 4

About Rivertrees Residences

Rivertrees Residences is a mixed-use building in Sengkang (District 28). It is located along Fernvale Close, Singapore 797461.

Under the URA Master Plan it sits on land zoned residential with a gross plot ratio of 3.

The site is leasehold, with about 86 years remaining on the lease. It occupies roughly 14,931 sqm of land with about 49,271 sqm of gross floor area.

2 transactions have been recorded here, at a median of S$1,980 psf. The most recent was in August 2021.

8 businesses are currently registered at this address with ACRA.

The nearest MRT is Layar LRT, 243 m away (about a 4-minute walk). The closest bus stop (Opp Blk 471A) is 154 m away (about a 2-minute walk).

What is Rivertrees Residences zoned as?

Key takeawayRivertrees Residences sits on land zoned RESIDENTIAL with a gross plot ratio of 3.0.

Land-use zone: RESIDENTIAL
Gross plot ratio: 3.0

Run the full zoning report for this building →

What has Rivertrees Residences sold for?

Key takeaway2 transactions are on record since 1995, most recently in Aug 2021 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Aug 2021	Retail	S$1.32M	657 sqft	$2,010
Apr 2014	Retail	S$1.28M	657 sqft	$1,949

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter

Market context around Rivertrees Residences

Key takeawayBrokers' retail figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026

Suburban: Rent S$32.95 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Suburban: Rent S$33.36 psf/mth · Vacancy 5.7% (1Q 2026) · Planned / under construction 1.53m sq ft

Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

What is near Rivertrees Residences?

Key takeawayThe nearest MRT/LRT is Layar LRT, about 243 m away — and 3 competing retail premisess operate nearby.

Getting around

Layar LRT243 m · ~4 min

Amenities nearby

Chee Hwan Kog Charity Clinic · 82 mOpp Blk 471A · 155 mLayar LRT Exit B · 232 mEducational Institution · 331 mPlace Of Worship · 343 mAnchorvale Community Club · 731 mSengkang Community Hospital · 1.2 km

Competing premises nearby

Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.

Sheng Siong Supermarket Pte Ltd · 422 mFernvale Hawker Centre and Market · 498 mThe Seletar Mall · 600 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Rivertrees Residences

Key takeawayThe nearest station is Layar (SW6), 231 m away — a quiet station, with 5,268 taps in and out on an average weekday. 11 public car parks are within 500 m.

Foot traffic: busier than 12% of retail buildings

nearest MRT/LRT Layar (SW6) 231 m, about 5,268 taps a weekday; 5 more stations within 1 km; bus stops within 400 m: 4, about 8,284 taps a weekday; Sengkang: 17,566 resident workers (Census 2020, by workplace); about 89,000 residents within 1 km (June 2026); 1 other mall within 1 km. Ranked against 12,856 retail buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around, and competing malls), not a count of people.

Stations within 1 km

Layar (SW6)231 m · 5,268 weekday taps
Kupang (SW3)452 m · 3,355 weekday taps
Fernvale (SW5)552 m · about 13,000 weekday taps
Thanggam (SW4)667 m · 5,893 weekday taps
Tongkang (SW7)769 m · 3,089 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Rivertrees Residences. Transfers between lines don't tap, so interchanges read low.

Bus

4 bus stops within 400 m, with 8,284 boardings and alightings on an average weekday.

Public car parks within 500 m

Blk 430 Fernvale Link (HDB)300 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 351 car lots
Blk 417 Fernvale Link (HDB)300 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 481 car lots
Blk 440 Fernvale Link (HDB)316 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 385 car lots
Blk 472 Fernvale Street (HDB)322 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m · 1,087 car lots
Blk 470 Fernvale Link (HDB)355 m
S$0.60 per half-hour at midday on a weekday · gantry 2.15 m

HDB season (car): Tier 1 $110/month (a resident's or registered HDB shop/industrial tenant's first car); Tier 2 (other cars, non-residents) $120 Rest of Island, $170 Designated Area, $190 Restricted Zone (sheltered: multi-storey, basement, deck). Industrial-park multi-storey car parks: $110 / $120. Which zone this car park is in is not published as data.

Nearest URA season parking: Jln Kayu Off St, 1.0 km away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. Rivertrees Residences's own car park, if it has one, and its charges are not in the open data.

Who's registered at Rivertrees Residences?

Key takeaway4 live companies (and LLPs and branches; sole proprietors are not counted) list Rivertrees Residences as their registered address. These are registered businesses, not who occupies the space.

Professional, scientific and technical services
1
Construction
1
Wholesale and retail trade
1
Information and communications
1
Manufacturing
0

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

Frequently asked questions about Rivertrees Residences

Where is Rivertrees Residences?⌄

Rivertrees Residences is at 23 Fernvale Close, Singapore 797461, in the Sengkang planning area.

What is Rivertrees Residences zoned as?⌄

Rivertrees Residences sits on land zoned residential under the URA Master Plan, with a gross plot ratio of 3.

What is the tenure of Rivertrees Residences?⌄

Rivertrees Residences is leasehold. About 86 years remain on the lease.

What have units at Rivertrees Residences sold for?⌄

Across 2 recorded transactions, the median price is S$1,980 psf. The latest was in August 2021.

What is the nearest MRT station to Rivertrees Residences?⌄

Layar LRT is the closest, 243 m away (about a 4-minute walk).

How many businesses are registered at Rivertrees Residences?⌄

8 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

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This development is also registered as the residential project Rivertrees Residences.

Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Managing agent: as BCA's MCST register names it; it can change between register updates.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from BCA's MCST register, PropKaki's submarket map, HDB car park information (data.gov.sg), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.