PropHerald

RIVERBANK @ FERNVALE

FERNVALE CLOSE

Private development · D28 in the August 2026 private residential report

At a glance

Tenure

99-yr leasehold from 2013

Median psf (12 mo)

S$1,515

Plot ratio

3.0 (MP2025)

Zoning & plot ratio by Master Plan

Master PlanPlot ratioLand use
MP2003—RESERVE SITE
MP20083.0RESIDENTIAL · changed
MP20143.0RESIDENTIAL
MP20193.0RESIDENTIAL
MP20253.0RESIDENTIAL

Location

Blocks in this development

11 Fernvale Close · 13 Fernvale Close · 15 Fernvale Close · 17 Fernvale Close · 19 Fernvale Close

Transactions

23 sales in the last 12 months

MonthTypeLevelArea m² PriceS$ psfSale type
Aug 2026Condominium06-10 115S$2,100,000 1696Resale
Aug 2026Condominium11-15 88S$1,365,000 1441Resale
Jul 2026Condominium16-20 97S$1,660,000 1590Resale
Jul 2026Condominium01-05 66S$1,068,000 1503Resale
Jul 2026Condominium11-15 64S$950,000 1379Resale
Jun 2026Condominium16-20 97S$1,650,000 1580Resale
Jun 2026Condominium06-10 88S$1,350,000 1425Resale
May 2026Condominium06-10 66S$1,048,000 1475Resale
Apr 2026Condominium06-10 97S$1,620,000 1552Resale
Mar 2026Condominium01-05 94S$1,458,000 1441Resale
Feb 2026Condominium16-20 94S$1,658,888 1640Resale
Feb 2026Condominium06-10 88S$1,360,000 1436Resale
Jan 2026Condominium01-05 49S$805,000 1526Resale
Jan 2026Condominium16-20 97S$1,680,000 1609Resale
Dec 2025Condominium06-10 66S$1,025,000 1443Resale
Dec 2025Condominium11-15 115S$1,900,000 1535Resale
Dec 2025Condominium06-10 46S$750,000 1515Resale
Dec 2025Condominium11-15 46S$760,000 1535Resale
Nov 2025Condominium06-10 64S$968,000 1405Resale
Oct 2025Condominium11-15 97S$1,630,000 1561Resale

Price trend

S$1,100S$1,350S$1,600202120242026— median— average S$ psf2021 · S$1,200 average psf · 24 sales2022 · S$1,271 average psf · 42 sales2023 · S$1,328 average psf · 28 sales2024 · S$1,403 average psf · 25 sales2025 · S$1,465 average psf · 25 sales2026 · S$1,521 average psf · 14 sales2021 · S$1,192 median psf · 24 sales2022 · S$1,252 median psf · 42 sales2023 · S$1,310 median psf · 28 sales2024 · S$1,408 median psf · 25 sales2025 · S$1,457 median psf · 25 sales2026 · S$1,515 median psf · 14 salesS$1,515

This project trades ≈ 4% below the District 28 12-month median (S$ psf).

Median S$ psf is up ≈ 4% on the previous 12 months.

Last 12 months by type

Property typeSales Median priceMedian S$ psf
Condominium23 S$1,360,0001515

Median price by year

YearSalesMedian price
202614S$1,411,500
202525S$1,368,000
202425S$1,350,000
202328S$1,222,500
202242S$1,174,444
202124S$1,195,000