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Singapore Property News, Insights and Analysis

Completed 2017

Riverbank @ Fernvale

D28 · Seletar / Yio Chu Kang · 17 Fernvale Close

A 555-unit condo in D28, completed in 2017, on a 99-year lease from 2013 with about 85 years left. Developed by UOL DEVELOPMENT (SENGKANG) PTE LTD.

Source: Condo master (URA caveats); URA transactions, Oct 2026

85 yrs
Lease left
$1,506
Avg $psf, 12 months
25
Sales, 12 months
2017
Completed
Riverbank @ Fernvale

What brings you to Riverbank @ Fernvale?

Buying here? Get a second opinion. 3-bedders here sold for $1.35M to $1.7M over the last 12 months. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

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Get a second opinion
02 — Prices

Riverbank @ Fernvale prices

Last 12 months
25
Sales
$1,506
Average $psf
$1,365 – $1,696
$psf range
$750k – $2.1M
Price range
By bedroom type
Last 12 months
TypeSalesAvg $psfPrice rangeSize
1-Bedroom3 sales$1,525 psf$750k – $805k495–527 sq ft
2-Bedroom6 sales$1,428 psf$940k – $1.07M689–710 sq ft
3-Bedroom14 sales$1,519 psf$1.35M – $1.7M947–1,055 sq ft

Prices by bedroom type are based on matching sales to unit sizes.

By unit size
Last 12 months
SizeSalesAvg $psfAvg pricePrice range
Under 500 sq ft2 sales$1,525 psfAvg $755k$750k – $760k
500–699 sq ft4 sales$1,419 psfAvg $916k$805k – $968k
700–899 sq ft3 sales$1,474 psfAvg $1.05M$1.03M – $1.07M
900–1,099 sq ft14 sales$1,519 psfAvg $1.53M$1.35M – $1.7M
1,100–1,299 sq ft2 sales$1,616 psfAvg $2M$1.9M – $2.1M
Average $psf by year
In 2025, sales here averaged $1,465 psf, in line with the D28 average of $1,486 psf for private homes (condos, apartments and ECs).
This condoD28 average
Show as a table
YearThis condoD28 average
2026$1,516$1,502
2025$1,465$1,486
2024$1,403$1,424
2023$1,328$1,345
2022$1,271$1,249
2021$1,162$1,162
2020$1,135$1,141
2019$1,102$1,230
2018$1,171$1,174
2017$1,018$1,135
2016$984$1,004
2015$978$987
Sales by year
784 sales since 2014; the busiest year was 2014 with 256. The 2026 bar covers Jan–Oct.
New saleSub saleResale
Show as a table
YearNew saleSub saleResaleTotal
2026001818
2025002525
2024002525
2023002828
2022004242
2021004747
2020002727
2019001313
20180101121
2017404044
201615410155
2015830083
201425600256
Sales in the last two years
48 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
8 Sep 2026#14-XX990 sq ft · 3-Bedroom$1.46M$1,473 psfResale
1 Sep 2026#05-XX1,044 sq ft · 3-Bedroom$1.51M$1,448 psfResale
28 Aug 2026#18-XX1,055 sq ft · 3-Bedroom$1.7M$1,612 psfResale
24 Aug 2026#12-XX947 sq ft · 3-Bedroom$1.37M$1,441 psfResale
5 Aug 2026#07-XX1,238 sq ft$2.1M$1,696 psfResale
22 Jul 2026#15-XX947 sq ft · 3-Bedroom$1.38M$1,457 psfResale
22 Jul 2026#13-XX689 sq ft · 2-Bedroom$950k$1,379 psfResale
14 Jul 2026#01-XX710 sq ft · 2-Bedroom$1.07M$1,503 psfResale
3 Jul 2026#16-XX1,044 sq ft · 3-Bedroom$1.66M$1,590 psfResale
8 Jun 2026#18-XX1,044 sq ft · 3-Bedroom$1.65M$1,580 psfResale
Show all 48 sales
Compared with nearby condos

Prices by bedroom type are based on matching sales to unit sizes.

Source: URA caveats, Sep 2026. The 2026 averages cover Jan–Oct.

03 — Rent

Riverbank @ Fernvale rent

Leases starting Sep 2025–Aug 2026
49
Leases
$3,200
Median rent a month
$1.35M
Avg sale price, 12 months
2.8%
Est. gross yield

D28 median rent: $3,200 a month; est. gross yield 2.6%.

By bedroom type
TypeLeasesMedian rentMiddle halfD28 medianEst. yield
1-Bedroom11 leases$2,650 median$2,600 – $2,700D28 $2,7004.1% yield
2-Bedroom19 leases$3,200 median$3,000 – $3,300D28 $3,2003.8% yield
3-Bedroom17 leases$3,700 median$3,550 – $4,000D28 $3,8002.9% yield
Rent and yield compared with nearby condos

Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Lease
85years left of 99
2013Ends 2112

99-year lease from 10 Jul 2013. About 85 years remain as of Oct 2026.

Source: Condo master (URA caveats)

05 — Unit mix

Riverbank @ Fernvale floor plans by bedroom type

30 layouts, from a 495 sq ft 1-bedroom to a 1,389 sq ft 5-bedroom. Pick a type to see its floor plans.

Source: Developer floor plans; bedroom counts read by Stacked

06 — Location

Near Riverbank @ Fernvale

MRT stations
SW Layar LRT 690 m · 8 min walk
SW Kupang LRT 770 m · 9 min walk
SW Thanggam LRT 880 m · 11 min walk
SW Fernvale LRT 920 m · 11 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 1 km
Fern Green Primary School 310 m · 6 min walk
Sengkang Green Primary School 720 m · 12 min walk
Anchor Green Primary School 820 m · 16 min walk
Fernvale Primary School 880 m · 14 min walk
Springdale Primary School 930 m · 14 min walk
Within 2 km
Nan Chiau Primary School 1.2 km · 16 min walk
Palm View Primary School 1.7 km · 29 min walk
Compassvale Primary School 1.9 km · 24 min walk
Hougang Primary SchoolPopular 1.9 km · 35 min walk
Yio Chu Kang Primary School 1.9 km · 39 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Park Sengkang Riverside Park 150 m · 2 min
Clinic Onecare Clinic Fernvale 700 m · 8 min
Supermarket Sheng Siong 790 m · 9 min
Hawker centre Fernvale Hawker Centre & Market 850 m · 10 min
Map of the area around Riverbank @ Fernvale, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Oct 2026

07 — Nearby

Condos and supply around Riverbank @ Fernvale

Source: URA transactions; OneMap distances, Oct 2026

08 — From Stacked

Read more about Riverbank @ Fernvale

17 more articles mention Riverbank @ Fernvale.

Source: Stacked Homes editorial

09 — FAQ

Questions about Riverbank @ Fernvale

How many years are left on the lease at Riverbank @ Fernvale?

About 85 years. It is a 99-year lease from 2013.

When was Riverbank @ Fernvale completed?

2017.

How many units does Riverbank @ Fernvale have?

555 units, up to 19 storeys.

What sizes are the 1-bedroom units?

495 to 603 sq ft across three layouts.

What is the price psf at Riverbank @ Fernvale?

25 sales in the last 12 months averaged $1,506 psf, ranging from $1,365 to $1,696 psf.

What did the latest sale go for?

A 990 sq ft unit sold for $1.46M ($1,473 psf) on 8 Sep 2026.

How much is the rent at Riverbank @ Fernvale?

Leases starting Sep 2025–Aug 2026 had a median rent of $3,200 a month ($2,650 for a 1-bedroom, $3,200 for a 2-bedroom and $3,700 for a 3-bedroom). That is an estimated gross yield of about 2.8%, before costs.

What is the nearest MRT station?

Layar LRT (SW), an 8-minute walk (690 m). Kupang LRT (SW) is 770 m away.

Which primary schools are within 1 km?

Fern Green Primary School, 310 m away, Sengkang Green Primary School, 720 m away, Anchor Green Primary School, 820 m away and Fernvale Primary School, 880 m away.

Who developed Riverbank @ Fernvale?

UOL DEVELOPMENT (SENGKANG) PTE LTD.

Answers generated from the data on this page, Oct 2026