Strong demand for Riverbank condo at Fernvale ahead of launch

Crowd at the preview of the Riverbank @ Fernvale at Sengkang West Way, developed by UOL. The condo will begin sales on Feb 14. -- PHOTO: UOL
Crowd at the preview of the Riverbank @ Fernvale at Sengkang West Way, developed by UOL. The condo will begin sales on Feb 14. -- PHOTO: UOL
Crowd at the preview of the Riverbank @ Fernvale at Sengkang West Way, developed by UOL. The condo will begin sales on Feb 14. -- PHOTO: UOL
Crowd at the preview of the Riverbank @ Fernvale at Sengkang West Way, developed by UOL. The condo will begin sales on Feb 14. -- PHOTO: UOL

Demand for units at the Riverbank @ Fernvale condominium project was strong ahead of its launch on Feb 14.

Its developer UOL said on Tuesday that it has already collected 500 cheques for the 555-unit project, after opening the project's showflat for preview last week.

Riverbank, at Sengkang West Way, will be priced at an average of slightly more than $1,000 per sq ft (psf).

It is near the Layar LRT station and offers riverfront views of Punggol Reservoir,

The units there range from 495 sq ft one-bedders to five-bedders of 1,389 sq ft. There are also ground-floor apartments called Cabana units of around 1,200 sq ft each.

"We saw strong interest across all our unit types," said Mr Anthony Wong, deputy general manager of marketing at UOL.

He said prospective buyers were likely attracted to the upcoming employment node at Seletar. Fernvale is close to the Seletar Aerospace Park.

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