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Riverbank @ Fernvale

Condominium · District 28 (Seletar / Yio Chu Kang) · Outside Central Region · 99-year lease (86 yrs left) · Updated Sep 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: $1,050,000 (Sep 2026, 66 sqm, floors 06-10). Median $1,351/sqft. Prices up 21.3% over the period. 86 years lease remaining.

Latest Sale
$1,050,000
Sep 2026 · 66 sqm
Median Price
$1,351/sqft
$1,230,000 typical unit
Transactions
161
$1,011–$1,696 psf
Price Trend
▲ 21.3%
~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 94%
#16 / 17 Top 94%
Price growth
Top 53%
#8 / 15 Top 53%

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%/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 $1,293 37
06-10 $1,367 46
11-15 $1,339 49
16-20 $1,425 29

Recent transactions

DateFloorType AreaPricepsf
Sep 2026 06-10 Resale 66 sqm $1,050,000 $1,478
Sep 2026 11-15 Resale 92 sqm $1,458,888 $1,473
Sep 2026 01-05 Resale 97 sqm $1,512,000 $1,448
Aug 2026 11-15 Resale 88 sqm $1,365,000 $1,441
Aug 2026 06-10 Resale 115 sqm $2,100,000 $1,696
Aug 2026 16-20 Resale 98 sqm $1,700,000 $1,612
Jul 2026 16-20 Resale 97 sqm $1,660,000 $1,590
Jul 2026 11-15 Resale 64 sqm $950,000 $1,379
Jul 2026 11-15 Resale 88 sqm $1,380,000 $1,457
Jul 2026 01-05 Resale 66 sqm $1,068,000 $1,503
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 11-15 Resale 115 sqm $1,900,000 $1,535
Dec 2025 06-10 Resale 66 sqm $1,025,000 $1,443
Nov 2025 06-10 Resale 64 sqm $968,000 $1,405
Oct 2025 01-05 Resale 64 sqm $940,000 $1,365
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 21.3% over the period (about 4% a year). Its $1,351 psf median tracks close to the District 28 median. It has a busy transaction history, with 161 sales between 2021-10 and 2026-09, ranging from $620,000 to $2,180,000. The most recent transaction was a 66 sqm unit (floors 06-10) at $1,050,000 in Sep 2026, and the median is $1,351 psf. Floor level matters here: units on the higher 16-20 band have traded around 10% 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 $1,050,000 for a 66 sqm unit in 2026-09. The median price is $1,351 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 $1,351 psf, with transactions ranging from $1,011 to $1,696 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 21.3% over the data period (around 4% a year). The median price is currently $1,351 psf, with the most recent sale at $1,050,000 in 2026-09.