Prices · Sengkang · Fernvale Link
Block 440C Fernvale Link
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What this block is
| Address | Block 440C Fernvale Link, Sengkang |
| Flat types here | 4-room, 5-room — on the evidence of 70 sales since Aug 2019, so a type that has never been resold here will not appear |
| Unit sizes | 4-room about 990 sq ft, 5-room about 1,216 sq ft (990 to 1,216 sq ft across the block) |
| Lease | 99 years from 2015, expiring 2114 — 88 years left |
| Floors that have sold | 1 to 27, so the block stands at least 27 storeys |
| Flat models | Improved, Model A |
| Town and district | Sengkang |
| Compare it with | the rest of Fernvale Link, 5-room flats across Sengkang |
Two things this page deliberately does not have. There is no floor plan: the resale register carries none, and drawing one from the median floor area would be an invention. And there is no nearest station, for the same reason — no rail data is published here, so the distance would be guessed. What is near this block, measured rather than assumed, is the food: hawker centres within a walk.
What a flat here really costs each month
Bought at the median price, a flat in this block works out at $1,349 for every month of the 88 years its lease still has to run. That figure takes in the price itself, both stamp duties, legal and valuation fees, the whole of the mortgage interest and the running costs for as long as the lease lasts.
It is a different question from the monthly instalment, which stops after 25 years while the lease carries on being used up.
| Cash needed up front | $215,060 |
| Mortgage interest over 25 years | $246,290 |
| Running costs over the remaining lease | $380,160 |
| Total over the lease | $1,424,260 |
| Monthly while repaying | $3,123 |
| Monthly once repaid | $360 |
Assumes a Singapore citizen buying a first home with a 75 per cent loan at 3 per cent over 25 years, $2,500 in legal fees, $400 for valuation, $1,200 a year in property tax and $260 a month for conservancy, upkeep and insurance. Change any of these. Figures are not discounted: a dollar paid in the final year of the lease is counted the same as a dollar paid today. Opportunity cost, CPF accrued interest and any resale value are excluded.
The median above is based on just seven sales, which is too few to call a market rate.
By flat type
| Type | Median | Range | Size | psf | Sales |
|---|---|---|---|---|---|
| 4-room | $455,000 | $405,000–$685,888 | 990 sq ft | 459 | 33 |
| 5-room | $570,000 | $520,000–$825,000 | 1,216 sq ft | 469 | 37 |
By floor
Measured inside a block, where the address, the age and the lease are all held still, a storey is worth about 0.63 per cent of the price per square foot — so the difference between the second floor and the twentieth is roughly 11 per cent, not the 2.1 times the market-wide storey bands appear to show. Why those bands mislead.
| 01 to 03 | $472,500 | 428 psf | 2 |
| 04 to 06 | $602,500 | 495 psf | 2 |
| 07 to 09 | $540,888 | 447 psf | 14 |
| 10 to 12 | $550,000 | 452 psf | 9 |
| 13 to 15 | $552,500 | 462 psf | 8 |
| 16 to 18 | $557,000 | 473 psf | 9 |
| 19 to 21 | $567,500 | 486 psf | 12 |
| 22 to 24 | $583,000 | 479 psf | 11 |
| 25 to 27 | $630,000 | 518 psf | 3 |
Year by year
| 2019 | $545,000 | 452 psf | 19 sales |
| 2020 | $535,444 | 449 psf | 20 sales |
| 2021 | $488,000 | 473 psf | 13 sales |
| 2022 | $577,500 | 522 psf | two sales |
| 2023 | $641,944 | 595 psf | four sales |
| 2024 | $748,444 | 647 psf | four sales |
| 2025 | $788,500 | 648 psf | four sales |
| 2026 | $652,500 | 655 psf | four sales |
70 transactions in all, from Aug 2019 to Oct 2026. The flat models recorded here are Improved, Model A.