Overview & Key Facts
FERNWOOD TOWERS is a freehold condominium at FERNWOOD TERRACE in District 15 (OCR), developed by HARBOUR VIEW HOTEL PTE LTD (HONG LEONG HOLDINGS), comprising 215 units, completed in 1994.
Location & Connectivity
FERNWOOD TOWERS is approximately 300m from Siglap MRT station, with 2 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Siglap | Thomson-East Coast Line | 300m |
| 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 | 300m |
| Global Indian International School (GIIS East Coast) | International | 300m |
| Chung Cheng High School (Main) | Secondary | 480m |
| Victoria School | Secondary | 930m |
| Victoria Junior College | Jc | 930m |
| Telok Kurau Primary School | Primary | 1.4 km |
| Dunman High School | Secondary | 1.5 km |
| Dunman High School (JC) | Jc | 1.5 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 2 | $1,890 psf | $1,525,888 |
| 3 BR | 9 | $1,713 psf | $2,040,988 |
| 4 BR | 21 | $1,607 psf | $2,631,185 |
| 5+ BR | 1 | $1,350 psf | $3,750,000 |
Market Position
FERNWOOD TOWERS has recorded 33 sales at an average price of $2,437,138.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at FERNWOOD TOWERS typically rent harder per dollar of purchase price:
| Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 2 BR | $3,040/mo | $1,525,888 | 2.39% |
| 3 BR | $4,136/mo | $2,040,988 | 2.43% |
| 4 BR | $6,820/mo | $2,631,185 | 3.11% |
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Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 5 | $1,452 psf | — |
| 2022 | 1 | $1,350 psf | ↓ 7.0% |
| 2023 | 5 | $1,739 psf | ↑ 28.8% |
| 2024 | 13 | $1,646 psf | ↓ 5.4% |
| 2025 | 6 | $1,734 psf | ↑ 5.4% |
| 2026 | 3 | $1,734 psf | ↓ 0.0% |
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FERNWOOD TOWERS prices are holding within 0.3% of the 2023 peak, 19.4% 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.
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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 6 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 1994, the development is over 32 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 mrt-walkable commuters, cbd walking distance, international school families and hawker / food enthusiasts best. Located ~302m from Siglap MRT, this property is a comfortable daily walk for transit commuters.
heavy renovation / value seekers should treat this as a shortlist candidate, not a default choice.
It is a weaker fit for yield-focused investors — other options likely serve them better. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
FERNWOOD TOWERS is a freehold development in District 15 (OCR), with 215 units, offering a gross yield of 2.1%.
At ~$1,734 psf, it represents a competitive entry point in the OCR segment.
Explore the full FERNWOOD TOWERS dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing FERNWOOD TOWERS against staying public? These HDB towns sit within walking or short-drive distance:
- Marine Parade — 4-room average $648,065 (890m away), an upgrader gap of about $1,800,000
- Geylang — 4-room average $761,443 (1.3 km away), an upgrader gap of about $1,700,000
- Bedok — 4-room average $659,895 (1.5 km away), an upgrader gap of about $1,800,000
FAQ
What is the average PSF for FERNWOOD TOWERS?
Is FERNWOOD TOWERS freehold?
What is the rental yield for FERNWOOD TOWERS?
Which MRT is nearest to FERNWOOD TOWERS?
Sources & Next Steps
- FERNWOOD TOWERS 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: 33 transactions
- Rental data: 217 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Mar 2026 · 33 records analysed · Source: URA private-sale caveats