Overview & Key Facts
FERNWOOD TERRACES is a freehold condominium at EAST COAST AVENUE in District 15 (OCR), developed by HARBOUR VIEW HOTEL PTE LTD (HONG LEONG HOLDINGS), comprising 215 units, completed in 1992.
Location & Connectivity
FERNWOOD TERRACES is approximately 230m from Siglap MRT station, with 2 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Siglap | Thomson-East Coast Line | 230m |
| Marine Terrace | Thomson-East Coast Line | 1.3 km |
Schools & Education
10 schools within 2 km (5 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| East Coast Primary School | Primary | 220m |
| Global Indian International School (GIIS East Coast) | International | 220m |
| Chung Cheng High School (Main) | Secondary | 420m |
| Victoria School | Secondary | 990m |
| Victoria Junior College | Jc | 990m |
| Telok Kurau Primary School | Primary | 1.3 km |
| Dunman High School | Secondary | 1.4 km |
| Dunman High School (JC) | Jc | 1.4 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 4 BR | 2 | $2,617 psf | $4,490,000 |
| 5+ BR | 2 | $1,955 psf | $3,825,000 |
Market Position
FERNWOOD TERRACES has recorded 4 sales at an average price of $4,157,500.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 2 | $1,989 psf | — |
| 2022 | 1 | $2,146 psf | ↑ 7.9% |
| 2026 | 1 | $3,019 psf | ↑ 40.7% |
Loading chart data...
FERNWOOD TERRACES prices sit at a fresh series high after a 40.7% gain on the prior period, now 51.8% above the 2021 starting level.
Price Index Check
The ShiokNest Price Index for District 15 reads 117.7 as of June 2026 — down 9.0% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
Loading chart data...
Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | $2,536 psf | 912 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | $2,790 psf | 781 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | $2,467 psf | 644 |
| AMBER PARK | Freehold | $2,548 psf | 396 |
What Could Work Against You
- Only 1 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
- Completed in 1992, the development is over 34 years old — budget for rising maintenance, dated M&E systems, and the possibility that value increasingly rests on en-bloc potential rather than the units themselves.
Best suited for
Who This Actually Suits
The profile fits international school families and freehold / generational hold best. Reasonable access to one or more international school clusters via car or school bus.
For yield-focused investors and first-time hdb upgraders, it can work — but weigh the trade-offs before committing.
It is a weaker fit for resort facilities — other options likely serve them better. Resort-grade amenity stack including multiple pools, clubhouse, and recreational facilities.
Verdict
FERNWOOD TERRACES is a freehold development in District 15 (OCR), with 215 units, offering a gross yield of 2.0%.
At ~$3,019 psf, it represents a competitive entry point in the OCR segment.
Explore the full FERNWOOD TERRACES dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing FERNWOOD TERRACES against staying public? These HDB towns sit within walking or short-drive distance:
- Marine Parade — 4-room average $648,065 (930m away), an upgrader gap of about $3,500,000
- Geylang — 4-room average $761,443 (1.3 km away), an upgrader gap of about $3,400,000
- Bedok — 4-room average $659,895 (1.4 km away), an upgrader gap of about $3,500,000
FAQ
What is the average PSF for FERNWOOD TERRACES?
Is FERNWOOD TERRACES freehold?
What is the rental yield for FERNWOOD TERRACES?
Which MRT is nearest to FERNWOOD TERRACES?
Sources & Next Steps
- FERNWOOD TERRACES Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 15 (Joo Chiat, Amber Road, Katong) — District 15 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 4 transactions
- Rental data: 5 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Apr 2026 · 4 records analysed · Source: URA private-sale caveats