Prices · Sengkang · Fernvale Road
Block 441C Fernvale Road
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What this block is
| Address | Block 441C Fernvale Road, Sengkang |
| Flat types here | 2-room, 3-room, 4-room — on the evidence of 48 sales since Feb 2017, so a type that has never been resold here will not appear |
| Unit sizes | 2-room about 538 sq ft, 3-room about 743 sq ft, 4-room about 1,001 sq ft (538 to 1,001 sq ft across the block) |
| Lease | 99 years from 2012, expiring 2111 — 85 years left |
| Floors that have sold | 1 to 27, so the block stands at least 27 storeys |
| Flat models | Model A |
| Town and district | Sengkang |
| Compare it with | the rest of Fernvale Road, 4-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 $1,190 for every month of the 85 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 | $173,900 |
| Mortgage interest over 25 years | $199,695 |
| Running costs over the remaining lease | $367,200 |
| Total over the lease | $1,213,295 |
| Monthly while repaying | $2,601 |
| 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 five sales, which is too few to call a market rate.
By flat type
| Type | Median | Range | Size | psf | Sales |
|---|---|---|---|---|---|
| 2-room | $280,000 | $258,000–$390,000 | 538 sq ft | 520 | 14 |
| 3-room | $475,000 | $350,000–$570,000 | 743 sq ft | 640 | 10 |
| 4-room | $517,500 | $360,000–$645,000 | 1,001 sq ft | 520 | 24 |
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 | $360,000 | 360 psf | 1 |
| 04 to 06 | $520,000 | 636 psf | 3 |
| 07 to 09 | $434,000 | 556 psf | 8 |
| 10 to 12 | $445,500 | 555 psf | 8 |
| 13 to 15 | $405,000 | 534 psf | 5 |
| 16 to 18 | $428,000 | 502 psf | 10 |
| 19 to 21 | $390,000 | 520 psf | 7 |
| 22 to 24 | $455,000 | 605 psf | 5 |
| 25 to 27 | $358,000 | 482 psf | 1 |
Year by year
| 2017 | $383,500 | 454 psf | 10 sales |
| 2018 | $415,000 | 450 psf | three sales |
| 2019 | $270,000 | 483 psf | three sales |
| 2020 | $350,000 | 471 psf | three sales |
| 2021 | $397,500 | 515 psf | eight sales |
| 2022 | $470,000 | 551 psf | three sales |
| 2023 | $586,000 | 618 psf | four sales |
| 2024 | $560,000 | 653 psf | six sales |
| 2025 | $540,000 | 727 psf | three sales |
| 2026 | $630,000 | 644 psf | five sales |
48 transactions in all, from Feb 2017 to July 2026. The flat models recorded here are Model A.