LUSH ACRES

FERNVALE CLOSE
RESALE CONDODistrict 28
Sengkang MRT · 22 min walk (1787m)OCR99 yrs lease commencing from 2013
Total Units
380
2Y PSF Change
+9.3%
49 txns in 24m
Lease Remaining
86 yrs
99 yrs lease commencing from 2013
Median PSF
1,439
1.3% QoQ
Total Sales
145
since 2021-07
Price Range
$855k$2.3M
all-time
Unit Size
1,157 sqft
Floors 121

UrbanLens Analysis

LUSH ACRES commands $1,370 PSF -- 0% above what District 28 typically fetches ($1,370 PSF). Sengkang MRT is 1787m away (22-min walk), functional but not a headline selling point. Against PARC BOTANNIA at $1,634 PSF, the 16% discount is worth examining closely.

Prices are up 9.3% over two years, reflecting genuine buyer interest without bubble-level exuberance. 49 transactions over two years gives deep liquidity and reliable pricing signals. For context, HIGH PARK RESIDENCES has gained 10.4% over the same period.

With ~86 years on a 99-year lease, financing and CPF remain fully unconstrained. Lease decay is a non-issue at this stage. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.

With 380 units, amenities are comprehensive and resale liquidity is generally healthy, though price compression can occur when too many sellers list simultaneously.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
HIGH PARK RESIDENCES$1,6223.7%+10.4%
THE TOPIARY$1,459+19.6%
PARC BOTANNIA$1,6343.8%+4.2%
RIVERBANK @ FERNVALE$1,4433.5%+12.5%
RIVERTREES RESIDENCES$1,5143.3%+9.8%

PSF Trend

Quarterly
1,346
2024-Q2
1,318
2024-Q3
1,386
2024-Q4
1,368
2025-Q1
1,405
2025-Q2
1,396
2025-Q3
1,421
2025-Q4
1,439
2026-Q1

Recent Transactions

Data refreshed monthly · Last transaction: Feb 2026
DatePriceSizePSFFloor
Feb 2026$1,580,0001,098 sqft$1,43916-20
Dec 2025$1,910,0001,346 sqft$1,42011-15
Dec 2025$1,720,0001,367 sqft$1,25801-05
Nov 2025$1,667,0001,130 sqft$1,47521-25
Oct 2025$1,560,0001,098 sqft$1,42106-10
Oct 2025$2,300,0001,507 sqft$1,52606-10
Sep 2025$1,438,8881,055 sqft$1,36416-20
Sep 2025$1,560,0001,055 sqft$1,47916-20
Aug 2025$2,240,0001,507 sqft$1,48616-20
Aug 2025$2,330,0001,507 sqft$1,54616-20
Showing 10 of 145 transactions

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