HDB has launched Fernvale Crest under the Build-To-Order (BTO) System.
Fernvale Crest is a Standard contract offering a total of 700 flats. The flat supply comprises 140 units of 2-room flats, 372 units of 3-room and 188 units of 4-room flats. In line with the Government’s commitment to increase the supply of smaller flat types during the economic downturn, 75% of the flats offered in Fernvale Crest are 2-room and 3-room flats. This is the largest number and proportion of smaller flats ever offered for sale in a BTO project.
Situated at the junction of Jalan Kayu and Sengkang West Way, Fernvale Crest is conveniently located near two LRT stations, Fernvale and Thanggam, which connect to the Sengkang MRT station. The Tampines Expressway is also just a short drive away.
Residents’ daily needs will be easily met by the wet market, supermarket, and food court at Fernvale Point, and eateries located at Jalan Kayu. Educational institutions such as Fernvale Primary and Pei Hwa Secondary School are also located in the vicinity.
The new flats in Fernvale Crest are priced below their equivalent market prices to ensure that they are affordable to first-timer flat buyers. Prices range from $74,000 to $98,000 for a 2-room flat, $116,000 to $157,000 for a 3-room flat, and $203,000 to $250,000 for a 4-room flat. Pricing details and resale comparables can be found in Table 1 of Annex 1.
You can read more here.