Skip to content

Riverbank @ Fernvale

Condominium · District 28 (Seletar / Yio Chu Kang) · Outside Central Region · 99-year lease (86 yrs left) · Updated Jun 2026

Riverbank @ Fernvale is a 99-year lease (86 yrs left) condominium development in District 28 (Seletar / Yio Chu Kang). It has 161 recorded private transactions. Latest sale: $1,350,000 (Jun 2026, 88 sqm, floors 06-10). Median $1,313/sqft. Prices up 23.4% over the period. 86 years lease remaining.

Latest Sale
$1,350,000
Jun 2026 · 88 sqm
Median Price
$1,313/sqft
$1,220,000 typical unit
Transactions
161
$1,011–$1,640 psf
Price Trend
▲ 23.4%
~4.4% a year

Where Riverbank @ Fernvale ranks in District 28

All 17 projects ›
Median psf
Top 29%
#5 / 17 Top 29%
Typical unit price
Top 65%
#11 / 17 Top 65%
Most recent sale
Top 76%
#13 / 17 Top 76%
Price growth
Top 47%
#8 / 17 Top 47%

Median psf over time

Estimate a unit at Riverbank @ Fernvale

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +4.4%/yr
Lease decay −0.19%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

86 yrs
Remaining lease
0.19%
Annual decay (Bala's Table)
2013
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.19% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,274 38
06-10 $1,350 46
11-15 $1,312 48
16-20 $1,373 29

Recent transactions

DateFloorType AreaPricepsf
Jun 2026 06-10 Resale 88 sqm $1,350,000 $1,425
Jun 2026 16-20 Resale 97 sqm $1,650,000 $1,580
May 2026 06-10 Resale 66 sqm $1,048,000 $1,475
Apr 2026 06-10 Resale 97 sqm $1,620,000 $1,552
Mar 2026 01-05 Resale 94 sqm $1,458,000 $1,441
Feb 2026 16-20 Resale 94 sqm $1,658,888 $1,640
Feb 2026 06-10 Resale 88 sqm $1,360,000 $1,436
Jan 2026 16-20 Resale 97 sqm $1,680,000 $1,609
Jan 2026 01-05 Resale 49 sqm $805,000 $1,526
Dec 2025 11-15 Resale 46 sqm $760,000 $1,535
Dec 2025 06-10 Resale 46 sqm $750,000 $1,515
Dec 2025 06-10 Resale 66 sqm $1,025,000 $1,443
Dec 2025 11-15 Resale 115 sqm $1,900,000 $1,535
Nov 2025 06-10 Resale 64 sqm $968,000 $1,405
Oct 2025 01-05 Resale 64 sqm $940,000 $1,365
Oct 2025 11-15 Resale 97 sqm $1,630,000 $1,561
Sep 2025 06-10 Resale 66 sqm $1,025,888 $1,444
Sep 2025 06-10 Resale 129 sqm $2,180,000 $1,570
Aug 2025 06-10 Resale 66 sqm $1,030,000 $1,450
Aug 2025 06-10 Resale 97 sqm $1,550,000 $1,485
Aug 2025 11-15 Resale 88 sqm $1,395,000 $1,473
Aug 2025 01-05 Resale 113 sqm $1,700,000 $1,398
Jul 2025 01-05 Resale 64 sqm $970,000 $1,408
Jun 2025 01-05 Resale 129 sqm $2,050,000 $1,476
May 2025 16-20 Resale 88 sqm $1,368,000 $1,444
Showing 25 of 161 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

Riverbank @ Fernvale is inside the 1 km Primary 1 priority zone for 5 primary schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
5 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to Riverbank @ Fernvale, with their median resale psf. Useful for comparing what Riverbank @ Fernvale costs per square foot against nearby developments.

More condos in District 28
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About Riverbank @ Fernvale

Riverbank @ Fernvale in District 28 (Seletar / Yio Chu Kang) has been a strong performer, with median psf up roughly 23.4% over the period (about 4.4% a year). Its $1,313 psf median tracks close to the District 28 median. It has a busy transaction history, with 161 sales between 2021-07 and 2026-06, ranging from $620,000 to $2,180,000. The most recent transaction was a 88 sqm unit (floors 06-10) at $1,350,000 in Jun 2026, and the median is $1,313 psf. Floor level matters here: units on the higher 16-20 band have traded around 8% per square foot above the 01-05 band. On Bala's Table (the SLA leasehold valuation model), the relativity ratio at 86 years remaining is 0.9481, an annual lease decay of about 0.19%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Riverbank @ Fernvale cost?

The most recent transaction at Riverbank @ Fernvale was $1,350,000 for a 88 sqm unit in 2026-06. The median price is $1,313 per square foot across 161 transactions, ranging from $620,000 to $2,180,000. Data sourced from URA.

Is Riverbank @ Fernvale freehold or leasehold?

Riverbank @ Fernvale is on a 99-year lease commencing in 2013, with approximately 86 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.19%.

What is the price per square foot (psf) at Riverbank @ Fernvale?

The median price at Riverbank @ Fernvale is $1,313 psf, with transactions ranging from $1,011 to $1,640 psf. This is based on 161 URA-recorded transactions in District 28.

Have prices at Riverbank @ Fernvale gone up or down?

Prices at Riverbank @ Fernvale have increased by approximately 23.4% over the data period (around 4.4% a year). The median price is currently $1,313 psf, with the most recent sale at $1,350,000 in 2026-06.