A convenient location coupled with a slew of outstanding facilities, UOL Group Limited’s residential project Riverbank @ Fernvale is hitting all the right notes with home buyers and investors alike.
These days, when it comes to purchasing a new property for investment or as a residential home, there’s little doubt that home buyers are pretty much spoilt for choice. There’s plenty of new project launches available in the market, with each development offering a list of impressive features catering to various needs, tastes and budgets. However, if the criteria for your ideal home includes exclusivity, proximity to nature, close walking distance to a slew of conveniences, coupled with impressive recreational facilities, look no further than Riverbank @ Fernvale in Sengkang.
Strategically located at Sengkang West Way, the 555-unit development comprises a good mix of one- to five-bedroom units ranging from 495 sq ft to 1,389 sq ft. To date, the one-, two-, as well as five-bedroom units have all been sold out, and only a limited number of three- and four-bedroom units are left. For those who require a bigger space to stay, they can opt for the three- or four-bedroom units, which range from 947 sq ft to 1,238 sq ft. And for those who are buying to invest, they can choose the three-bedroom dual-key units, which range from 990 sq ft to 1,044 sq ft.
Regardless of which unit buyers pick, they can be assured that every unit housed within the development not only features a chic and stylish interior design, but has also been outfitted with top-of-the-line fittings and functional appliances.
Raising the bar on outdoor facilities
Long gone are the days of enticing home buyers solely with location, views or the usual trappings of tennis courts, Jacuzzis, steam rooms, and state-of-the-art gymnasiums. In a bid to attract more buyers amid softer market conditions, developers are upping their game – some have introduced new types of facilities in their projects, while others are offering interest-based classes, and UOL is no exception.
Besides the requisite pools, playgrounds and BBQ pits, Riverbank @ Fernvale also features a unique bicycle sharing facility – the first-of-its-kind in condominium developments in Singapore, with UOL supplying 50 bicycles to be shared by the condominium’s residents.
Residents, especially nature lovers and outdoor enthusiasts, will be pleased to know that they can book the bicycles for free, and enjoy rides to a slew of nature spots including Lorong Halus Wetland, Punggol Park, Riverside Park Connector, My Waterway@Punggol, Pulau Ubin, and Coney Island – all of which are easily accessible from the development.
Whether by public transportation or by car, those living at Riverbank @ Fernvale will get to enjoy more options for shorter and more comfortable journeys between Sengkang and the rest of Singapore as the area is well served by major roads and expressways, including the Central Expressway (CTE), Seletar Expressway (SLE), Tampines Expressway (TPE), and the newly unveiled Seletar Aerospace Flyover. For those who rely on public transportation, they will appreciate that Sengkang MRT station, as well as the Layar and Oasis LRT stations, are all within walking distance from the development. Residents can also use the bicycles to commute to the nearby MRT or LRT station.
Endless amenities at your doorstep
For families with school-going children, they will definitely appreciate the convenience of the development’s location, with top institutions like Nan Chiu Primary and Nan Chiau High School situated in the vicinity. In addition, the development is close to various shopping malls and eateries, such as Seletar Mall, Compass Point, Rivervale Mall, Waterway Point and Jalan Kayu.
It’s easy to see why Sengkang is fast becoming one of the more sought after housing estates in the north-eastern part of Singapore – more young families are choosing to settle down there as the area not only features a well-connected public transport network and a slew of amenities, but it is also located close to several nature spots.
That is not all, as new residents can look forward to even more amenities in future, such as the upcoming Safra Punggol (slated to be ready by April 2016), new childcare centres in approximately 1,000 places (by mid 2016), and The Oval @ Seletar Aerospace Park (SAP). Comprising a cluster of 32 black and white colonial bungalows that were gazetted for conservation under the Urban Redevelopment Authority (URA) Master Plan 2014, The Oval @ SAP will be used for an array of lifestyle businesses, including restaurants. Families with young children will also be drawn to this place as the development will include a slew of lifestyle facilities such as a playground, a boardwalk that fronts the runway, an open lawn, picnic tables, and an open hard court – perfect for family outings and events.
Strong investment potential
The position of Riverbank @ Fernvale is further strengthened by its close proximity to nearby industrial clusters such as Woodlands Regional Centre, Seletar Regional Centre and the upcoming Seletar Aerospace Park.
Seletar Aerospace Park, which is envisioned to be a world-class dedicated aerospace regional facility, is expected to create about 10,000 jobs upon its projected completion in 2018.
In short, residents of Riverbank @ Fernvale can look forward to a wealth of job opportunities near where they live.
The 99-year leasehold condominium development is expected to get its temporary occupation permit (TOP) at the end of 2016 or early 2017.
Prices start at $905,000 for three-bedders and $1.023 million for four-bedders.
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