99-yearOCRDistrict 28 (Sengkang)

Riverbank @ Fernvale

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 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 776 transactions on record, units have recently transacted around S$1.35M (S$1,515 psf, ~947 sqft). There are 67 units for sale from S$755k to S$2.23M. The lease has approximately 86 years remaining.

1

What are the key facts about Riverbank @ Fernvale?

Key Takeaway

Riverbank @ Fernvale is a 99-year condominium in District 28 (Sengkang) that obtained TOP in 2017, with 555 units across 5 blocks.

Tenure
99-year
TOP / Completion
2017
Developer
UOL DEVELOPMENT (SENGKANG) PTE LTD
Total units
555
Blocks
5
District / Area
District 28 (Sengkang)
Market segment
OCR
Median PSF
S$1,515 psf
Last transacted
Jul 2026
Remaining lease
≈ 86 years
2

What is the price and PSF at Riverbank @ Fernvale?

Key Takeaway

Units have recently transacted around S$1.35M (S$1,515 psf), at a gross rental yield of about 2.0% (URA caveat data).

Recent median price

S$1.35M

recent · 776 sales on record

Median PSF

S$1,515 psf

recent transactions

Median rent (monthly)

S$2,250

537 rentals on record

Gross rental yield

2.0%

indicative, gross

Source: URA caveat data, through Jul 2026.

3

What has recently sold at Riverbank @ Fernvale?

Key Takeaway

Riverbank @ Fernvale has 776 recorded sales; the most recent transacted at S$1,068,000 in Jul 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2026S$1,068,000710S$1,503 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
Jan 2026S$805,000527S$1,526 psf
Jan 2026S$1,680,0001,044S$1,609 psf
Dec 2025S$750,000495S$1,515 psf
Dec 2025S$760,000495S$1,535 psf

776 sales and 537 rentals on record since Feb 2014. Source: URA.

4

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$1.36M10+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.

5

How many property agents are active around Riverbank @ Fernvale?

Key Takeaway

4,250 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

4,250

District 28 · closed ≥1 deal

Deals on record

11,612

all-time · all property types

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

6

What bedroom types are available at Riverbank @ Fernvale?

Key Takeaway

Riverbank @ Fernvale has 67 units listed for sale, spanning 1–4-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom2S$755k–S$755k
2-bedroom9S$950k–S$1.78M
3-bedroom52S$1.37M–S$1.78M
4-bedroom4S$1.90M–S$2.23M
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

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
9

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.

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$1.35M) needs about S$9,882/mo in income and S$4,547/mo in repayments, after S$38,600 stamp duty and a S$338k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.35M) 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$38,600

BSD, tiered

Downpayment (25%)

S$338k

cash + CPF

Monthly instalment

S$4,547/mo

30y @ 3.5%

Income required

S$9,882/mo

TDSR @ stress rate

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

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…
12

Frequently asked questions about Riverbank @ Fernvale

How much does a unit at Riverbank @ Fernvale cost?

Units at Riverbank @ Fernvale have recently transacted around S$1.35M (S$1,515 psf), from 776 sales on record (URA caveats). The exact price depends on size, floor and facing.

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

For a unit around S$1.35M as a first home, you'd need roughly S$9,882/mo in income (assessed at the stress-test rate), with repayments near S$4,547/mo after a S$338k (25%) downpayment and S$38,600 Buyer's Stamp Duty.

Is Riverbank @ Fernvale a good investment?

Gross rental yield is about 2.0%; median PSF has risen about 50% since 2017. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at Riverbank @ Fernvale going up?

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

Is Riverbank @ Fernvale freehold or leasehold?

Riverbank @ Fernvale is 99-year, with approximately 86 years remaining on the lease.

When was Riverbank @ Fernvale built and who developed it?

Riverbank @ Fernvale obtained TOP in 2017, developed by UOL DEVELOPMENT (SENGKANG) PTE LTD, with 555 units across 5 blocks.

How many units are for sale at Riverbank @ Fernvale?

There are 67 units for sale at Riverbank @ Fernvale, from S$755k to S$2.23M.

What is the nearest MRT to Riverbank @ Fernvale?

The nearest MRT/LRT station to Riverbank @ Fernvale is Layar LRT, about 305 m away (~5 min walk).

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 qualify for Primary 1 (P1) registration priority.

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