THE VERANDAH RESIDENCES is a freehold development along PASIR PANJANG ROAD in District 5 (West Coast / Clementi), part of the RCR segment of Singapore's private residential market. The project comprises 167 units and is TOP 2015.
This profile draws on 30 recorded transactions from URA to frame the project's character: who actually lives here, who buys here, and where the pricing sits relative to immediate alternatives. For the broader district context, see the Singapore price-heatmap map.
At roughly 11 years from TOP, THE VERANDAH RESIDENCES is in mature-resale territory: a clear track record on capital appreciation, defined renovation and refurbishment cycles, and lease-decay considerations starting to enter the picture (if leasehold).
Within District 5 (West Coast / Clementi), the immediate context for THE VERANDAH RESIDENCES is shaped by the broader URA Master Plan zoning for the area, ongoing or planned infrastructure (MRT extensions, expressway changes, school relocations), and the supply pipeline of nearby launches. See the URA Master Plan 2019 for the precinct-specific land-use overlay before underwriting medium-term capital appreciation.
We track 30 sales and 378 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the THE VERANDAH RESIDENCES dashboard.
- Average sale price: $1,605,909 across 30 transactions
- Estimated gross rental yield: 3.0%
- District 5 PSF ranking: Premium tier (top 13%)
- Freehold tenure · RCR · D5 · 167 units
About THE VERANDAH RESIDENCES
THE VERANDAH RESIDENCES is a freehold condominium, located at PASIR PANJANG ROAD in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town) (Rest of Central Region), developed by SOUTH ISLAND TK PTE LTD, comprising 167 residential units, completed in 2015.
As a freehold property, THE VERANDAH RESIDENCES does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at THE VERANDAH RESIDENCES:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 6 | $2,060 psf | $960,748 |
| 1 BR | 9 | $1,996 psf | $1,277,556 |
| 2 BR | 6 | $2,020 psf | $1,780,648 |
| 3 BR | 9 | $1,970 psf | $2,247,876 |
Sales Market Overview
THE VERANDAH RESIDENCES has recorded 30 sale transactions with an average transaction price of $1,605,909, ranging from $940,000 to $2,570,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 1 | $1,858 psf | $2,039,888 | — |
| 2022 | 3 | $1,923 psf | $1,496,667 | ↑ 3.5% |
| 2023 | 9 | $2,003 psf | $1,471,197 | ↑ 4.2% |
| 2024 | 7 | $2,013 psf | $1,678,971 | ↑ 0.5% |
| 2025 | 10 | $2,042 psf | $1,665,380 | ↑ 1.5% |
THE VERANDAH RESIDENCES ranks in the top 13% of condos in District 5 by average PSF.
Compared to the RCR average of $2,049 psf, THE VERANDAH RESIDENCES trades 2.1% below the segment benchmark.
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Rental Market Overview
THE VERANDAH RESIDENCES has recorded 378 rental transactions with monthly rents averaging $4,030/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 106 | $3,776/mo | $2,400/mo | $10,000/mo |
| 1 BR | 152 | $3,437/mo | $3,000/mo | $4,200/mo |
| 2 BR | 54 | $4,243/mo | $3,100/mo | $5,600/mo |
| 3 BR | 51 | $5,405/mo | $4,300/mo | $6,300/mo |
| 4 BR | 15 | $6,397/mo | $5,300/mo | $7,400/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 69 | $3,523/mo |
| 2022 | 76 | $4,049/mo |
| 2023 | 57 | $4,390/mo |
| 2024 | 76 | $4,172/mo |
| 2025 | 76 | $4,020/mo |
| 2026 | 24 | $4,157/mo |
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Investment Analysis
Based on average rents and sale prices, THE VERANDAH RESIDENCES delivers an estimated gross rental yield of 3.0%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 5
Side-by-side comparison against the most actively traded condos in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| LANDED HOUSING DEVELOPMENT | Freehold | 156 | $1,845 psf | 6022 |
| NORMANTON PARK | 99 yrs lease commencing from 2019 | 1840 | $1,866 psf | 1415 |
| PARC CLEMATIS | 99 yrs lease commencing from 2019 | 1450 | $1,889 psf | 1398 |
| ELTA | 99 yrs lease commencing from 2024 | 501 | $2,555 psf | 403 |
| FABER RESIDENCE | 99 yrs lease commencing from 2025 | 399 | $2,158 psf | 380 |
Location Map
Map shows THE VERANDAH RESIDENCES (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- THE VERANDAH RESIDENCES
- Haw Par Villa MRT
- Pasir Panjang MRT
- Dulwich College (Singapore)
Nearby MRT Stations
THE VERANDAH RESIDENCES is 480m from Haw Par Villa MRT (Circle Line), with 2 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Haw Par Villa | CC25 | Circle Line | 480m |
| Pasir Panjang | CC26 | Circle Line | 770m |
Nearby Schools
There are 1 school within 2 km of THE VERANDAH RESIDENCES.
| School | Type | Distance |
|---|---|---|
| Dulwich College (Singapore) | International | 1.5 km |
Tenure resilience. Freehold tenure removes the lease-decay headwind that affects 99-year leasehold stock from ~year 60 onward. CPF eligibility, loan-tenure caps, and resale buyer pool are all preserved without the time-decay clock. For long holds (15+ years), this matters meaningfully more than headline PSF.
Genuine walk-to-MRT access. Haw Par Villa sits about 0.48km away — true walking distance, not the elastic 800m claim that some listings stretch. For tenants and commuter-owners, this anchors rental demand and supports a steady capital-value floor across cycles.
School-belt proximity. Dulwich College (Singapore) sits about 1.49km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
District supply pipeline. Non-prime districts are more sensitive to GLS pipeline additions; check the URA Master Plan 2019 confirmed and provisional land sales schedule for the immediate 5-year window. New launches at 10-20% lower PSF can compress secondary-market resale velocity for 18-24 months around their launch dates.
Cycle-sensitivity. Like all Singapore private residential, the project's capital appreciation and rental yields move with broader macro factors — mortgage rate environment, MAS macroprudential stance (TDSR, ABSD), and the supply-pipeline tempo. Build a 5pp rate buffer into your stress test.
- ✅ Young couple, first home: Long balance lease + likely sub-CCR pricing
- ✅ Family with school-age kids: Nearby schools support MOE registration priority
- ✅ CBD commuter: Walking-distance MRT supports daily commute
- ❌ Rental investor (yield-focused): Thin transaction history makes underwriting fragile
- ⚠️ Foreign professional (expat): MRT plus mid-size facility suite typically meets expat-tenant criteria
- ✅ Long-term hold (10+ yr): Tenure supports CPF + buyer-pool through hold
Composite assessment: THE VERANDAH RESIDENCES combines walking-distance MRT with long-tenure leasehold (or freehold) — a solid structural foundation. The district position dictates whether capital appreciation outpaces or tracks the broader market. 30 transactions in URA provide the data foundation for this view.
Suggested holding period for most buyer profiles: 6-10 years to ride out one full macro cycle. Cross-reference per-bedroom net yield against district comparables via the compare-tool, model monthly cash-flow with the mortgage calculator, and confirm your effective BSD+ABSD cost using the stamp-duty calculator before finalising. This profile is informational; not a personal investment recommendation.
FAQ
What is the average price for THE VERANDAH RESIDENCES?
What is the rental yield for THE VERANDAH RESIDENCES?
Is THE VERANDAH RESIDENCES freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA.
- Sales data: 30 transactions analysed
- Rental data: 378 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for THE VERANDAH RESIDENCES
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.
New Sale vs Resale Mix
Of the 3,585 condo transactions recorded in District 5 over the last 12 months, 58% resale, 39% new sale, 3% sub sale. A resale-heavy mix points to an established market trading on fundamentals; a new-sale-heavy mix means developer launches are setting the price benchmarks.
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Price Index Check
The ShiokNest Price Index for District 5 reads 136.5 as of June 2026 — down 4.3% 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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Upcoming Supply Pipeline
1 active Government Land Sales site in District 5 could add roughly 405 new units to local supply. Incoming supply of this scale tends to cap short-term price growth in the immediate area but also signals planning confidence in the location.
| Site | Street | Est. units | List | Status |
|---|---|---|---|---|
| Media Circle | — | ~405 | Confirmed | Available |
HDB Alternatives Nearby
Weighing THE VERANDAH RESIDENCES against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (620m away), an upgrader gap of about $700,000