RIVERBANK @ FERNVALE
FERNVALE CLOSE · District 28 · 99 yrs lease commencing from 2013
Median Price
S$1.2M
Price Range
S$605K - S$2.2M
Tenure
Leasehold
Avg Rent
S$4.47 psf
RIVERBANK @ FERNVALE Price Analysis
RIVERBANK @ FERNVALE is a leasehold development on FERNVALE CLOSE in District 28 (Seletar). According to URA transaction records, 165 private residential transactions have been recorded at this development, with a median price of S$1,210,000. Prices range from S$605K for the smallest units to S$2.2M for premium configurations.
The development offers units across 4 size categories. The most traded segment is studio (<50 sqm) at a median of S$697,500. Larger units (3-bed (100-130 sqm)) trade at S$1,700,000, reflecting the premium for additional space.
On the rental side, RIVERBANK @ FERNVALE commands an average of S$4.47 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 3.8%.
Price Trend
Median transaction price by contract month.
Source: URA Private Residential Property Transactions
Price by Floor Level
Price by Unit Size
| Size Band | Median Price | Avg Size | Transactions |
|---|---|---|---|
| Studio (<50 sqm) | S$698K | 46 sqm | 24 |
| 1-Bed (50-70 sqm) | S$968K | 65 sqm | 27 |
| 2-Bed (70-100 sqm) | S$1.3M | 94 sqm | 96 |
| 3-Bed (100-130 sqm) | S$1.7M | 117 sqm | 18 |
FAQ
What is the average price of RIVERBANK @ FERNVALE?
The median transaction price at RIVERBANK @ FERNVALE is S$1,210,000, based on 165 URA-recorded transactions. Prices range from S$605K to S$2.2M.
What is the rental rate at RIVERBANK @ FERNVALE?
The average rental rate at RIVERBANK @ FERNVALE is approximately S$4.47 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.