SPECIAL INFO

Project Details

One of the most affordable condominium From $9xx psf!

Selling close to Executive Condominium prices!

 Luxurious, spacious & efficient  layout! View Floor Plan to believe!
View special info for more information or + 65 9048 0660!!

riverbankfernvale artist impression

Riverbank @ Fernvale is a 99-years leasehold private condominium. Riverbank @ Fernvale development is located at Sengkang West Way / Fernvale Link in District 19. With expected completion in mid 2017, it is an exiciting new condominium located along Sengkang West Way. Developed by UOL group, relishing the panoramic view of the beautiful surrondings of nature in your home or from the top of the Sky Observatory, enchanced by an ideal North-South orientation. Pamper yourself with a resort lifestyle living in our extensive clubhouse facilities and outdoor amenities.

The 4 blocks of 19 storey Riverbank @ Fernvale comes comes with 2 basement car parks to ensure ample parking spaces, rooftop landscape deck to indulge in the panoramic view of Sengkang estate, swimming pools and communal facilities for residents to have a good time!

 

morning

 Rise to the vast greenary and flowing waters of Singei Punggol. Breathe in the fresh air and immerse in the natural surrondings. Take a stroll along Sengkang Riverside Park and explore the wildlife habitat at the wetland.

Enjoy the rustic coastal charm of Punggol Promenade with its natural beauty of the coastline with three thematic zones - Punggol Point walk, Nature Walk and Riverside Walk.

UOL TO LAUNCH FIRST BICYCLE SHARING FACILITY FOR RIVERBANK @ FERNVALE CONDO IN SENGKANG

-Residents will share a pool of 50 bicycles

-UOL hopes to make it standard facility in all future condos to promote a healthier lifestyle

-Bicycle sharing facility is first in Singapore for condos

Riverbank @ Fernvale Project Details
Project Name: Riverbank @ Fernvale
Developer: UOL Development Pte Ltd
Location: 17 Fernvale Close, Singapore 797478
District: 19 (Hougang / Punggol / Sengkang)
Tenure: 99 years leasehold from 17 Jiuly 2013
Site Area: 178,724 Sqft
No. of Units: 555
Carparks 555 Parking Lots (Inclusive of 5 Handicapped Lots)
Expected T.O.P: 31 March 2018
PSF ($) From $13xx

2

Location

Street View

Location

Sengkang West Way Location Plan

Riverbank Fernvale location

Riverbank @ Fernvale is in close proximity to everywhere that matters. Being located in a peaceful environment, its definitely an outstanding location for family looking for a place that is away from the hustle and bustle of the city. You can reach out to conveniences just minutes away. Get your groceries and daily needs from nearby Fernvale Point with 24 hours NTUC, Kopitiam and neighbourhood shops such as hair salon, hardware store and bakery.

With the upcoming Seletar Mall, you can enjoy endless shopping and entertainment with your family and loved ones. More shopping venues within the town includes Compass Point, Rivervale Mall and Rivervale Plaza. For sports enthusiasts, the Sengkang Sports and Recreation Centre and Sengkang Riverside Park is just a stone's throw away.

embedRB Amenities

Bus Interchange & MRT Near Riverbank@Fernvale

  • Kupang LRT Station (Approx 0.40KM)

  • Sengkang MRT Station (Approx 1.60KM)

Shopping Mall Nearby Riverbank Condo

  • Fernvale Point (Approx 0.6KM)

  • Seletar Mall (Approx 0.7KM)

  • Compass Point (Approx 1.6KM)

Schools Nearby Riverbank @ Fernvale

  • Sengkang Green Primary School (Approx 0.80KM)
  • Pei Hwa Secondary School (Approx 0.5KM)
  • Edgefield Secondary School (Approx 0.80KM)
  • Nan Chiau Primary School (Approx 1.0KM)
  • Compassvale Primary School (Approx 1.4KM)

Many other places of interest including Waterway Point which is scheduled to open in 2 years time as well as recreation venues such as Sengkang Sports and Recreation Centre are within the vicinity of Riverbank @ Fernvale.

 amenities

 

E - Brochure & Floor Plan

E - Brochure

Download your e - brochure below!

E Brochure RB page 001


Floor Plan

3 Bedroom C1 Type Floor Plan

3br 02 30 1012 sqft c1c floor plan

 

3 Bedroom C1a Type Floor Plan

RiverbankFernvale Floor Plan 3Br C1a 947 sqf

3 Bedroom C2c & C2C1 Type Floor Plan

3br deluxe 02 25 1055 sqft c2c floor plan

4 Bedroom Study Type Floor Plan

RB 4Brstudy type 1335sqf 

5 Bedroom E Type Floor Plan

RB 5Br E type Floor Plan 1389sqf

 

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Virtual Tour

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Riverbank@Fernvale is a 99-years leasehold private condo development located at Sengkang West Way in District 19 by UOL Group Limited.

News

embedFirstBicycle

Sengkang West Way site attracts strong interest

A 99-YEAR leasehold private residential land parcel at Sengkang West Way drew a top bid of $262.1 million, or about $488.84 per sq ft per plot ratio (psf ppr).

The site was launched under the Government Land Sales programme by the Housing Board (HDB) on Feb 28.

UOL Group unit Secure Development made the highest bid for the approximately 179,900 sq ft site, which has a maximum gross plot ratio of 3.0.

The site's maximum gross floor area is just over 536,000 sq ft. The top bid slightly exceeded analysts' earlier expectations, which were in the range of $400-450 psf ppr.

Ong Teck Hui, national director of research and consultancy at Jones Lang LaSalle, said: "It shows that developers are confident of demand for mass-market homes being sustained following the cooling measures imposed in January."

Nicholas Mak, executive director of research and consultancy at SLP International, added that sites such as Sengkang West Way with water views are generally popular with developers and homeowners.

UOL's bid was 3.4 per cent higher than the next highest bid by Bayfront Land, a joint venture between Aspial Corporation and Fragrance Group Ltd.

They bid $253.6 million for the site, which translates to $472.89 psf ppr.

Bids also came in, in descending order, from a joint venture - between Frasers Centrepoint's FCL Topaz, Far East Organisation and Sekisui House - and Qingjian Realty, among others. CapitaLand's Athens Residential Development submitted the lowest bid, at $111 million or $207.01 psf ppr.

The sale drew a total of eight bids, in line with the more optimistic expectations of analysts.

Desmond Sim, associate director at CBRE Research, said the healthy response to the sale pointed to developers' "need to replenish their respective land banks".

UOL president Liam Wee Sin said the developer planned to build a 20-storey development comprising around 600 units on the plot, hoping to "tap the upgrader demand in the north and north-east of Singapore".

Analysts estimate a break-even price of around $900 psf for the site, and expect UOL to launch the project at $1,000-1,100 psf.

Sungei Punggol, Sengkang Sports and Recreation Centre and Sengkang Riverside Park are located near the site.

Also in the vicinity are several other residential developments, including executive condominium (EC) H20 Residences and another upcoming EC site, both developed by City Developments.

H20 Residences was launched in March 2011 and is selling at around $950 psf.

Mr Ong said the Sengkang West area was "generally less crowded in terms of competition".

Taken from Asia One

 


 

UOL splurges $262.1m on GLS site at Sengkang West Way

It beat 7 bidders.

According to OCBC Investment Research, yesterday evening, UOL put in the top bid of S$262.1m for the GLS site at Sengkang West  Way. The tender attracted eight bids and UOL’s was 3.4% above the second higher bidder’s. 

Here's more:

The 99-year site has a land area of 178.7k sq ft and is located near the future Seletar Mall and Sengkang Riverside Park. 

The maximum GFA allowed is 536.2k sq ft, which can yield around 550 homes. UOL’s bid translates into a psf price of S$489 psf, which we believe is reasonable. We expect breakeven and selling ASPs at S$900 psf and S$1,000 psf, respectively, which translates into an estimated RNAV accretion of 5.5 Scents per share.

Pending the award of the site and more details regarding the site plans, we maintain our HOLD rating with an unchanged fair value of S$6.01 (20% discount to RNAV). 

Taken from SBR


 

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Riverbank@Fernvale Rating: 5.0 out of 5 | Review By: Launch Property Singapore | ERA REALTY NETWORK PTE LTD | CEA Reg. No. L3002382K / R027596H | Connect with Launch Property Singapore @