RIVERTREES RESIDENCES
FERNVALE CLOSE · District 28 · 99 yrs lease commencing from 2013
Median Price
S$1.3M
Price Range
S$645K - S$2.4M
Tenure
Leasehold
Avg Rent
S$4.67 psf
RIVERTREES RESIDENCES Price Analysis
RIVERTREES RESIDENCES is a leasehold development on FERNVALE CLOSE in District 28 (Seletar). According to URA transaction records, 129 private residential transactions have been recorded at this development, with a median price of S$1,288,000. Prices range from S$645K for the smallest units to S$2.4M for premium configurations.
The development offers units across 5 size categories. The most traded segment is studio (<50 sqm) at a median of S$762,500. Larger units (4-bed (130-170 sqm)) trade at S$2,068,000, reflecting the premium for additional space.
Floor level significantly impacts pricing at RIVERTREES RESIDENCES. High-floor units (21-25) command a median of S$2,175,000, while low-floor units (06-10) sell for S$1,133,000. That is a 92% premium for higher floors, worth S$1.0M in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, RIVERTREES RESIDENCES commands an average of S$4.67 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$763K | 47 sqm | 4 |
| 1-Bed (50-70 sqm) | S$900K | 62 sqm | 51 |
| 2-Bed (70-100 sqm) | S$1.3M | 87 sqm | 17 |
| 3-Bed (100-130 sqm) | S$1.7M | 110 sqm | 50 |
| 4-Bed (130-170 sqm) | S$2.1M | 143 sqm | 7 |
FAQ
What is the average price of RIVERTREES RESIDENCES?
The median transaction price at RIVERTREES RESIDENCES is S$1,288,000, based on 129 URA-recorded transactions. Prices range from S$645K to S$2.4M.
Does floor level affect prices at RIVERTREES RESIDENCES?
Yes. High-floor units (21-25) sell for a median of S$2,175,000, while low-floor units (06-10) sell for S$1,133,000. That is a 92% premium for higher floors.
What is the rental rate at RIVERTREES RESIDENCES?
The average rental rate at RIVERTREES RESIDENCES is approximately S$4.67 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.