The Riverbank @ Fernvale condominium (pictured) in Sengkang has sold more than 200 of the initial 250 units released last Friday under the first phase, said a UOL spokesperson.
“One-bedders and two-bedders were the most popular, and 10 out of the 17 five-bedders at the project have been sold,” the spokesperson added.
The condo’s average selling price is slightly above $1,000 psf.
One-bedroom units are priced from $480,000, while the two-bedders start at $660,000.
For the three- to five- bedrooms, prices start at $880,000, $1.06 million and $1.3 million respectively.
The 555-unit Riverbank @ Fernvale is within walking distance to Layar LRT station and offers views of Punggol Reservoir.
The 99-year leasehold project is expected to obtain TOP in 2018.
Romesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories email romesh@propertyguru.com.sg
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