Riverbank @ Fernvale
Fernvale Close · D28 · Outside central region · Condominium
The median sale at Riverbank @ Fernvale was $1,230,000 — $1,365 psf — across 157 transactions between Oct 2021 and Sept 2026. 99-year lease from 2013.
What it costs per month of lease
A lease is a wasting asset. Spread the median price across the months of lease that are left and the figure is comparable between a dear flat with a long lease and a cheap one with a short one — which is the comparison a price alone cannot make.
This is the purchase price divided by the lease, and nothing else. It excludes stamp duty, the interest on a mortgage, maintenance and property tax. The calculator adds those.
Year by year
The median moved up 25 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.
- 202117 sales$1197
- 202242 sales$1252
- 202328 sales$1310
- 202425 sales$1408
- 202525 sales$1457
- 202620 sales$1491
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $1,185,988 | $1,197 psf | 17 |
| 2022 | $1,174,444 | $1,252 psf | 42 |
| 2023 | $1,222,500 | $1,310 psf | 28 |
| 2024 | $1,350,000 | $1,408 psf | 25 |
| 2025 | $1,368,000 | $1,457 psf | 25 |
| 2026 | $1,458,444 | $1,491 psf | 20 |
What it rents for
URA’s median of rental contracts lodged at Riverbank @ Fernvale in 2026Q3, per square foot per month.
Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.
Other developments in D28
- High Park Residences · $1,535 psf
- The Topiary · $1,340 psf
- Parc Botannia · $1,611 psf
- Rivertrees Residences · $1,471 psf
- Lush Acres · $1,306 psf
- Sunrise Gardens · $1,011 psf
- The Greenwich · $1,228 psf
- H2o Residences · $1,340 psf
Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.