A novel bicycle-sharing facility is set to be launched at Riverbank @ Fernvale, a condominium project in Sengkang expected to be completed by early 2017, reported Today Online.
Under the scheme, residents can book bikes for free, which they can use on short commutes to nearby train stations or to travel around the estate.
Residents can cycle along the North Eastern Riverine Loop park connector, which links four parks within the area and runs through the heartlands of Punggol, Buangkok and Sengkang.
They will also have access to Lorong Halus Wetland, Punggol Promenade and Punggol Beach.
UOL Group, the developer of the 555-unit condominium, said it will supply a pool of 50 bicycles that can be shared among residents and bicycle racks for those who have their own bicycles.
To be administered by the managing agent of the estate, the facility will have an initial cost of around $80,000. It will also have a running cost.
“By incorporating a bicycle facility that links seamlessly to the future park connector, we can encourage more residents to cycle for a healthy lifestyle and enjoy family bonding at the same time,” said Anthony Wong, general manager of marketing at UOL Group.
“If response is good, we will add more bicycles for the residents. We are also considering extending the facility to other condominiums where conditions are as conducive, in the future,” he added.
Image: Artist’s impression of the upcoming Riverbank condo in Sengkang.
Romesh Navaratnarajah, Singapore Editor at PropertyGuru, edited this story. To contact him about this or other stories email romesh@propertyguru.com.sg
