99-yearOCRDistrict 28 (Sengkang)

Riverbank @ Fernvale

Reviewed by Nathan TangUpdated 24 September 2026Data through Aug 2026 (URA)
Quick Summary

Riverbank @ Fernvale is a 99-year condominium in District 28 (Sengkang) that obtained TOP in 2017, with 555 units across 5 blocks. Across 780 transactions on record, units have recently transacted around S$1.36M (S$1,475 psf, ~947 sqft). There are 68 units for sale from S$738k to S$2.80M. The lease has approximately 86 years remaining.

Key facts about Riverbank @ Fernvale
Tenure99-year leasehold from 2013 (≈86 years left)
TOP year2017
DeveloperUOL DEVELOPMENT (SENGKANG) PTE LTD
Units555 in 5 blocks
District and areaDistrict 28 · Sengkang · OCR
Nearest MRTLayar LRT, 305 m (~5 min walk)
Latest median psfS$1,475 psf, last 12 URA caveats to Aug 2026
1

What's for sale and for rent at Riverbank @ Fernvale?

Key Takeaway

Riverbank @ Fernvale has 68 units listed for sale, asking S$738k to S$2.80M, and 17 units for rent at a median of S$2,200 a month.

For sale

68 listings

S$738k – S$2.80M

For rent

17 listings

S$1,950 – S$5,200 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom5S$738k–S$780k
2-bedroom6S$980k–S$1.70M
3-bedroom52S$1.40M–S$1.78M
4-bedroom4S$1.90M–S$2.23M
5-bedroom1S$2.80M–S$2.80M

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Riverbank @ Fernvale?

Key Takeaway

Floor plans for Riverbank @ Fernvale aren't in PropKaki's library yet. Across 780 URA caveats, units range from 495 sqft to 1,389 sqft, and the middle half are 710 sqft to 1,044 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom495 sqftS$738k
2-bedroom689 sqft to 1,216 sqftS$980k
3-bedroom947 sqft to 1,055 sqftS$1.40M
4-bedroom1,238 sqftS$1.90M
5-bedroom1,389 sqftS$2.80M

Check the Floor Plan Finder for Riverbank @ Fernvale →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Riverbank @ Fernvale?

Key Takeaway

Units have recently transacted around S$1.36M (S$1,475 psf), at a gross rental yield of about 2.0% (URA caveat data).

Recent median price

S$1.36M

recent · 780 sales on record

Median PSF

S$1,475 psf

recent transactions

Median rent (monthly)

S$2,251

540 rentals on record

Gross rental yield

2.0%

indicative, gross

Source: URA caveat data, through Aug 2026.

4

What has recently sold at Riverbank @ Fernvale?

Key Takeaway

Riverbank @ Fernvale has 780 recorded sales; the most recent transacted at S$1,365,000 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$1,365,000947S$1,441 psf
Aug 2026S$2,100,0001,238S$1,696 psf
Jul 2026S$950,000689S$1,379 psf
Jul 2026S$1,068,000710S$1,503 psf
Jul 2026S$1,660,0001,044S$1,590 psf
Jun 2026S$1,650,0001,044S$1,580 psf
Jun 2026S$1,350,000947S$1,425 psf
May 2026S$1,048,000710S$1,475 psf
Apr 2026S$1,620,0001,044S$1,552 psf
Mar 2026S$1,458,0001,012S$1,441 psf
Feb 2026S$1,658,8881,012S$1,640 psf
Feb 2026S$1,360,000947S$1,436 psf

780 sales and 540 rentals on record since Feb 2014. Source: URA.

5

Are prices at Riverbank @ Fernvale rising?

Key Takeaway

The median transacted PSF at Riverbank @ Fernvale has risen 50% over the past 9 years (20172026), from S$1,004 psf to S$1,503 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,503 psfS$1.36M14+3.2%
2025S$1,457 psfS$1.37M25+3.5%
2024S$1,408 psfS$1.35M25+7.6%
2023S$1,309 psfS$1.22M28+4.6%
2022S$1,251 psfS$1.17M42+7.3%
2021S$1,166 psfS$1.19M47+2.6%
2020S$1,136 psfS$1.04M27+4.0%
2019S$1,092 psfS$1.03M13-7.5%
2018S$1,181 psfS$610k21+17.6%
2017S$1,004 psfS$1.00M44

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Riverbank @ Fernvale a good investment?

Key Takeaway

Of 238 units at Riverbank @ Fernvale that were bought and later resold (bought from 2014, resold up to 2026), 100% sold for more than they were bought for, with a median gain of 22% over a median 6.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.0%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

100%

of 238 resales here

Median gain

22%

gross, before costs

Median hold

6.0 years

bought to resold

Every unit at Riverbank @ Fernvale with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Riverbank @ Fernvale and what's nearby?

Key Takeaway

Riverbank @ Fernvale is located in Sengkang, in the North-East Region of Singapore.

Riverbank @ Fernvale is a 99-year condominium completed in 2017. It was developed by UOL DEVELOPMENT (SENGKANG) PTE LTD. The development has 555 residential units. It sits on a land area of 16,629 sqm and has a gross floor area of 49,885 sqm. The plot ratio is 3.0.

RIVERBANK @ FERNVALE is located at 15 Fernvale Close, Singapore 797475. It is part of District 28, Seletar / Yio Chu Kang, Sengkang. The project falls within the North-East Region and the OCR market segment.

The nearest rail connection is Layar LRT, approximately 305m away, around 5 minutes on foot. Nearby amenities include The Seletar Mall for shopping, SHENG SIONG SUPERMARKET PTE LTD for groceries, Fernvale Hawker Centre and Market for food options, and Sengkang Riverside Pk for greenery and recreation. Facilities in the development include Drop Off Point, Lift lobby, Main entrance, and 24 hours security.

8

How far is Riverbank @ Fernvale from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Riverbank @ Fernvale is Layar LRT, about 305 m away (~5 min walk). 6 schools are within 1 km, including 5 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Fern Green Primary SchoolPrimary schoolwithin 1 km · P1 priority310 m
  • Pei Hwa Secondary SchoolSecondary schoolwithin 1 km554 m
  • Sengkang Green Primary SchoolPrimary schoolwithin 1 km · P1 priority684 m
  • Anchor Green Primary SchoolPrimary schoolwithin 1 km · P1 priority820 m
  • Fernvale Primary SchoolPrimary schoolwithin 1 km · P1 priority882 m
  • Springdale Primary SchoolPrimary schoolwithin 1 km · P1 priority979 m
  • Nan Chiau Primary SchoolPrimary school1.1 km
  • Outram Secondary SchoolSecondary school1.2 km

Shops, food & parks

Mall: The Seletar Mall · 655 mSupermarket: Sheng Siong Supermarket Pte Ltd · 362 mHawker centre: Fernvale Hawker Centre and Market · 555 mPark: Sengkang Riverside Pk · 623 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

Who built Riverbank @ Fernvale and how big is the development?

Key Takeaway

Riverbank @ Fernvale was developed by UOL DEVELOPMENT (SENGKANG) PTE LTD, designed by DP ARCHITECTS PTE LTD, with 555 units over up to 19 storeys.

Developer
UOL DEVELOPMENT (SENGKANG) PTE LTD
Architect
DP ARCHITECTS PTE LTD
Main contractor
QINGJIAN INTERNATIONAL (SOUTH PACIFIC) GROUP DEVT CO PTE LTD
Floors
19 storeys
Blocks
5
Land area
16,629 sqm (178,993 sqft)
Gross floor area
49,885 sqm (536,957 sqft)
Plot ratio
3.00
10

What facilities does Riverbank @ Fernvale have?

Key Takeaway

Riverbank @ Fernvale has 4 facilities, including Drop Off Point, Lift lobby, Main entrance, 24 hours security.

Drop Off PointLift lobbyMain entrance24 hours security
11

What does it cost to own a unit at Riverbank @ Fernvale?

Key Takeaway

Buying a unit at Riverbank @ Fernvale (~S$1.36M) needs about S$9,992/mo in income and S$4,597/mo in repayments, after S$39,200 stamp duty and a S$341k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.36M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$39,200

BSD, tiered

Downpayment (25%)

S$341k

cash + CPF

Monthly instalment

S$4,597/mo

30y @ 3.5%

Income required

S$9,992/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Riverbank @ Fernvale?

Key Takeaway

4,251 CEA-registered agents closed at least one recorded deal in District 28 — where Riverbank @ Fernvale sits — in the last 12 months, across all property types.

Active agents · 12mo

4,251

District 28 · closed ≥1 deal

Deals on record

11,628

all-time · all property types

Source: CEA public transaction records, attributed to District 28 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Riverbank @ Fernvale? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Riverbank @ Fernvale's own transactions.

PropKaki
Is Riverbank @ Fernvale a good buy, and what are units selling for?

Recent units at Riverbank @ Fernvale sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
13

Frequently asked questions about Riverbank @ Fernvale

Is Riverbank @ Fernvale freehold?

No. Riverbank @ Fernvale is on a 99-year lease that started in 2013, with about 86 years left.

How old is Riverbank @ Fernvale?

Riverbank @ Fernvale was completed (obtained TOP) in 2017, so it is about 9 years old.

Is Riverbank @ Fernvale a good investment?

Of 238 units at Riverbank @ Fernvale that were bought and later resold (bought from 2014, resold up to 2026), 100% sold for more than they were bought for, with a median gain of 22% over a median 6.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.0%. Past resale results don't predict future returns, and this is not financial advice.

Is Riverbank @ Fernvale an EC?

No. Riverbank @ Fernvale is a private condominium, not an executive condominium (EC).

Who is the developer of Riverbank @ Fernvale?

Riverbank @ Fernvale was developed by UOL DEVELOPMENT (SENGKANG) PTE LTD.

What is the price of a condo at Riverbank @ Fernvale?

Units at Riverbank @ Fernvale have recently sold for around S$1.36M (S$1,475 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 68 units are listed for sale from S$738k to S$2.80M.

Where is Riverbank @ Fernvale located?

Riverbank @ Fernvale is at 15 Fernvale Close, Singapore 797475, in Sengkang (District 28). The nearest MRT station is Layar LRT, about 305 m away.

How many units are there in Riverbank @ Fernvale?

Riverbank @ Fernvale has 555 units in 5 blocks, up to 19 storeys high.

How much do I need to earn to buy at Riverbank @ Fernvale?

For a unit around S$1.36M as a first home, you'd need roughly S$9,992/mo in income (assessed at the stress-test rate), with repayments near S$4,597/mo after a S$341k (25%) downpayment and S$39,200 Buyer's Stamp Duty.

Are prices at Riverbank @ Fernvale going up?

The median price per square foot at Riverbank @ Fernvale has risen about 50% between 2017 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Riverbank @ Fernvale?

Fern Green Primary School, Sengkang Green Primary School, Anchor Green Primary School, Fernvale Primary School are within 1 km of Riverbank @ Fernvale. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.