Verticus stands as one of the most compelling freehold residential addresses in Singapore's Rest of Central Region, rising 28 storeys above Jalan Kemaman in Balestier's District 12. Completed in 2021 and developed by Soilbuild Group Holdings — a builder with more than four decades of local real estate experience — this boutique 162-unit tower occupies the site of the former Kemaman Point, which Soilbuild acquired through an en-bloc sale in June 2018 at S$143.88 million (approximately S$1,173 psf per plot ratio). That landbanking decision has aged well: resale transactions recorded in 2025 have cleared S$2,064–S$2,387 psf, representing a meaningful uplift over initial launch prices and underscoring the enduring premium the market assigns to freehold tenure in a land-scarce city-state.
At just 162 units spread across a single tower, Verticus occupies a sweet spot — large enough to fund a generous amenity deck yet compact enough to foster a sense of community and keep maintenance levies manageable. Unit types span 441 sq ft one-bedrooms through 2,049 sq ft four-bedroom penthouses across 14 floor-plan configurations, giving the development unusually broad appeal across owner-occupier and investor segments alike. For buyers who have been priced out of Novena's leasehold neighbours or who simply refuse to compromise on tenure, Verticus delivers a rare freehold proposition at a location that sits within striking distance of two MRT lines, Singapore's premier medical corridor, and the Orchard shopping belt.
Snapshot as of 2026-05 — figures above reflect publicly available URA/HDB data at the time of this editorial review (as of 2026-05).
Balestier's transformation over the past decade has been quietly dramatic. Once associated almost exclusively with lighting shops and traditional bak kut teh haunts, the neighbourhood now attracts young professionals and families drawn to its central positioning, relatively affordable freehold options compared with Orchard or River Valley, and improving urban fabric. District 12 straddles the junction of the Novena health-and-wellness cluster to the west and the Toa Payoh heartland to the east, giving residents layered access to both upscale amenities and the authentic local flavour that characterises mature HDB estates.
Verticus sits approximately 1.4 km from Novena MRT (North–South Line, NS20), a journey of roughly 15–18 minutes on foot or five minutes by bus. Novena is only two stops from Orchard and six stops from Raffles Place, making the development genuinely viable for CBD commuters who prioritise living tenure over walking distance. Toa Payoh MRT (NS19) offers an alternative rail link roughly 950 m to the northeast, accessible across the Pan Island Expressway via a pedestrian overhead bridge. Drivers benefit from the PIE and Central Expressway (CTE) on-ramps within minutes, with door-to-door travel to Marina Bay typically under 15 minutes outside peak hours.
The immediate catchment is dense with lifestyle infrastructure. Whampoa Drive Food Centre — one of Singapore's most celebrated hawker clusters — is within a 10-minute walk. Balestier Plaza and Shaw Plaza provide daily retail, while United Square at Novena offers a family-oriented mall with a dedicated children's education precinct. On the medical front, Tan Tock Seng Hospital and Mount Elizabeth Novena Hospital are seven and six minutes away by car respectively, a proximity that has historically supported robust rental demand from medical professionals and expatriate healthcare workers. According to URA property data, District 12 freehold properties have consistently held tighter vacancy rates than their 99-year leasehold equivalents across the same price band, a structural advantage that underpins Verticus's rental story.
We track 128 sales and 108 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the VERTICUS dashboard.
- Average sale price: $1,595,906 across 128 transactions
- Estimated gross rental yield: 3.0%
- District 12 PSF ranking: Premium tier (top 4%)
- Freehold tenure · RCR · D12 · 162 units
About VERTICUS
VERTICUS is a freehold condominium, located at JALAN KEMAMAN in District 12 (Toa Payoh, Serangoon, Balestier) (Rest of Central Region), comprising 162 residential units, completed in 2021.
As a freehold property, VERTICUS does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at VERTICUS:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 13 | $2,177 psf | $1,003,923 |
| 1 BR | 50 | $2,141 psf | $1,443,060 |
| 2 BR | 56 | $2,080 psf | $1,706,518 |
| 3 BR | 9 | $2,201 psf | $2,611,889 |
Sales Market Overview
VERTICUS has recorded 128 sale transactions with an average transaction price of $1,595,906, ranging from $958,000 to $2,756,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 43 | $2,049 psf | $1,406,605 | — |
| 2022 | 78 | $2,149 psf | $1,699,154 | ↑ 4.9% |
| 2024 | 1 | $2,221 psf | $980,000 | ↑ 3.3% |
| 2025 | 6 | $2,275 psf | $1,713,000 | ↑ 2.4% |
VERTICUS ranks in the top 4% of condos in District 12 by average PSF.
Compared to the RCR average of $2,049 psf, VERTICUS trades 3.5% above the segment benchmark.
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Rental Market Overview
VERTICUS has recorded 108 rental transactions with monthly rents averaging $3,954/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 7 | $3,479/mo | $3,000/mo | $4,100/mo |
| 1 BR | 33 | $3,170/mo | $2,800/mo | $3,500/mo |
| 2 BR | 51 | $3,950/mo | $3,500/mo | $4,500/mo |
| 3 BR | 16 | $5,509/mo | $4,800/mo | $7,350/mo |
| 4 BR | 1 | $8,500/mo | $8,500/mo | $8,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2024 | 29 | $3,960/mo |
| 2025 | 61 | $3,967/mo |
| 2026 | 18 | $3,900/mo |
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Investment Analysis
Based on average rents and sale prices, VERTICUS delivers an estimated gross rental yield of 3.0%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 12
Side-by-side comparison against the most actively traded condos in District 12 (Toa Payoh, Serangoon, Balestier):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| THE ORIE | 99 yrs lease commencing from 2024 | 52 | $2,730 psf | 740 |
| EIGHT RIVERSUITES | 99 yrs lease commencing from 2011 | 843 | $1,645 psf | 306 |
| GEM RESIDENCES | 99 yrs lease commencing from 2015 | 578 | $1,838 psf | 196 |
| TREVISTA | 99 yrs lease commencing from 2008 | 590 | $1,702 psf | 147 |
| THE ARCADY AT BOON KENG | Freehold | 172 | $2,598 psf | 94 |
Location Map
Map shows VERTICUS (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- VERTICUS
- Toa Payoh MRT
- Novena MRT
- Boon Keng MRT
- Beatty Secondary School
- School of Science and Technology
- CHIJ Secondary (Toa Payoh)
Nearby MRT Stations
VERTICUS is 810m from Toa Payoh MRT (North-South Line), with 3 stations within 1.5 km.
Nearby Schools
There are 23 schools within 2 km of VERTICUS, including 5 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Beatty Secondary School | Secondary | 550m |
| School of Science and Technology | Jc | 710m |
| CHIJ Secondary (Toa Payoh) | Secondary | 730m |
| CHIJ Our Lady Queen of Peace | Primary | 870m |
| Balestier Hill Primary School | Primary | 970m |
| Pei Chun Public School | Primary | 1.4 km |
| De La Salle School | Primary | 1.4 km |
| Manjusri Secondary School | Secondary | 1.4 km |
| New Town Primary School | Primary | 1.5 km |
| First Toa Payoh Primary School | Primary | 1.5 km |
| Bendemeer Primary School | Primary | 1.5 km |
| Bendemeer Secondary School | Secondary | 1.5 km |
Perpetual freehold tenure in the RCR. This is Verticus's single most differentiated attribute. Freehold land in Singapore's city fringe is finite and non-renewable; every year that passes reduces the supply of genuinely freehold sites in central locations. Unlike 99-year leasehold condominiums whose valuations begin to discount as the lease decays below 70 years — a depreciation dynamic well-documented in URA transaction records — a freehold title allows owners to hold indefinitely without the spectre of lease decay eroding exit value. Buyers who use our Lease Decay Calculator frequently discover the compounding value gap that emerges over a 20–30 year horizon between freehold and 99-year titles at comparable entry prices. For generational wealth transfer or long-term estate planning, Verticus carries intrinsic advantages that no leasehold development at a similar price point can replicate.
Soilbuild's track record and boutique scale. Soilbuild Group, listed on the Singapore Exchange, has delivered a string of well-regarded residential developments including Brickvell (District 9) and Mezzo (District 12). Verticus benefits from the group's attention to build quality, with structural completion achieved and TOP granted by 2021. The 162-unit count keeps the development intimate: no labyrinthine corridors, no crowded lifts during peak hours, and a curated facilities deck that includes a 50-metre lap pool, tennis court, sky gym, sky lounge, and a “Butterfly Promenade” landscaped garden, all proportioned for residents rather than marketed as a numbers exercise.
Price performance and capital appreciation. Developer launch prices opened in June 2021 from approximately S$899,000 for a one-bedroom. By 2025, secondary-market transactions were clearing S$2,064–S$2,387 psf, with the high watermark set at S$2,387 psf in December 2025 for a 775 sq ft unit. That trajectory reflects both the general RCR price re-rating of the 2022–2025 cycle and Verticus's specific scarcity premium as one of very few new freehold completions in District 12 during this period. Buyers benchmarking entry price against comparable freehold stock in the Novena corridor will find Verticus competitive; those using the ROI Calculator to model net annualised returns should factor in the absence of lease-decay depreciation in their terminal value assumptions.
Rental yield and medical cluster demand. Current gross rental yield is approximately 3.3%, in line with RCR freehold norms. The co-location advantage is real: Tan Tock Seng Hospital (one of Singapore's three major restructured hospitals) and Mount Elizabeth Novena (a leading private facility) together employ thousands of medical and administrative professionals, many of whom prefer to rent within a 10-minute commute. This structural demand pool has historically kept vacancy low and rental growth steady in Balestier–Novena, a dynamic supported by MAS residential property statistics. Investors modelling cash flows can stress-test assumptions via the Cash Flow Calculator and Affordability Calculator.
MRT walkability gap. At 1.4 km to Novena MRT, Verticus falls outside the “10-minute comfortable walk” threshold that most Singapore homebuyers use as a soft benchmark. During the wet season or afternoon heat, bus dependency becomes non-trivial for those without a car. This is a genuine consideration for buyers who deprioritise personal vehicle ownership — the bus network is adequate but adds friction relative to projects with direct MRT access. Prospective tenants in the mid-market tier may compare Verticus unfavourably against leasehold alternatives that offer a five-minute MRT walk at a lower absolute quantum.
Balestier's mixed street character. The neighbourhood retains pockets of light industrial use, motor vehicle workshops, and commercial food establishments that generate noise and vehicle traffic, particularly along Balestier Road itself. While the Jalan Kemaman address is a quieter sub-street, buyers should conduct on-site due diligence at different times of day, especially for lower-floor units.
Boutique liquidity risk. With only 162 units, secondary-market liquidity is thinner than at large-scale developments. In a soft market, fewer concurrent listings can mean longer time-to-sell and potential pricing volatility if multiple units come up simultaneously. Buyers planning shorter hold periods (under five years) should model exit scenarios carefully, incorporating stamp duty obligations via the Stamp Duty Calculator and total acquisition costs via the Total Cost Calculator.
Entry quantum and ABSD exposure. At S$2,064–S$2,387 psf in 2025, a two-bedroom unit comfortably exceeds S$1.5 million. For second-property buyers, Additional Buyer's Stamp Duty (currently 20% for Singapore Citizens, 30% for Permanent Residents) materially compresses net yield. Buyers with existing property holdings should run a full TDSR analysis via the TDSR Calculator and an ABSD-adjusted yield model before committing.
- ✅ Freehold-tenure investor (long-hold): Perpetual title is the core thesis. Buyers targeting a 10–20 year hold for wealth transfer or lease-decay avoidance will find Verticus one of the few affordable freehold entry points in the RCR. Rental demand from the Novena medical corridor provides dependable income while capital compounds.
- ✅ Medical professional or expatriate healthcare worker: Tan Tock Seng Hospital and Mount Elizabeth Novena are seven and six minutes by car respectively. For clinicians and allied health staff who value proximity to workplace above all else, Verticus offers a premium freehold rental option that is genuinely competitive with serviced apartments in the Novena cluster.
- ✅ Upgrader from HDB Toa Payoh or Balestier BTO: Buyers familiar with the neighbourhood who are transitioning from HDB ownership gain a freehold private address without the cultural displacement of moving to an unfamiliar district. The compact unit mix down to 441 sq ft ensures entry quanta remain accessible relative to larger RCR launches.
- ⚠️ CBD professional seeking Orchard-corridor convenience: Two stops from Orchard and six from Raffles Place on the North–South Line is objectively convenient, but the 1.4 km walk to Novena MRT is a real daily cost. Buyers without a car may find this friction adds up; those with a vehicle or willing to bus will find the commute wholly acceptable.
- ⚠️ Short-term yield maximiser (under 5 years): Gross yield of approximately 3.3% is market-rate for freehold RCR but not exceptional. ABSD exposure for second-property buyers, Buyer's Stamp Duty on entry, and Seller's Stamp Duty on sub-four-year exits compress net returns meaningfully. The freehold premium is best captured over longer horizons.
- ❌ Budget-constrained first-timer seeking a studio or one-bedroom: With one-bedroom units now trading above S$1.5 million in the resale market, Verticus requires a substantial down payment. First-timers who have not yet exhausted CPF housing grants or who are sensitive to monthly mortgage obligations should stress-test using the Mortgage Calculator and consider whether freehold tenure alone justifies the premium over comparable leasehold options in the same district.
Verticus earns its premium through the only attribute that truly cannot be manufactured: perpetual freehold tenure in a central Singapore district that is progressively maturing around it. The development's compact 162-unit scale, well-regarded developer, and location within Singapore's premier healthcare corridor combine to form a proposition that is genuinely differentiated from the leasehold RCR launches that dominate new-sale activity. Secondary-market price trajectory through 2025 — clearing S$2,387 psf at the high end — validates the thesis for those who entered at launch.
For buyers who frame property as a long-duration asset rather than a short-cycle trade, the math of freehold ownership in Singapore is compelling. There is no lease clock ticking toward the 70-year discount threshold; there is no mandatory lease top-up conversation with HDB or SLA; and there is no terminal date at which the land reverts to the state. In a city where developable land is constitutionally finite, that permanence carries real economic value that compounds quietly over decades.
Caveats are real: the MRT walk is not short, Balestier's ambient character requires tolerance, and the quantum demands careful TDSR and ABSD planning for buyers with existing property. But for the long-hold freehold investor, the medical-corridor renter, or the Novena-district upgrader who knows and loves this neighbourhood, Verticus represents one of the more defensible addresses in the District 12 landscape. Compare it against comparable District 12 freehold options on our Property Comparison tool or explore neighbourhood price trends on the Price Heatmap before arriving at a final view.
FAQ
What is the average price for VERTICUS?
What is the rental yield for VERTICUS?
Is VERTICUS freehold or leasehold?
Which MRT stations serve Verticus, and how far are they?
The closest station is Novena MRT (NS20, North–South Line) at approximately 1.4 km — a 15–18 minute walk or a short bus ride. Toa Payoh MRT (NS19) is roughly 950 m to the northeast, accessible via a pedestrian overhead bridge across the PIE. Novena sits two stops from Orchard and six stops from Raffles Place, making CBD commutes entirely practical by rail for residents comfortable with a bus leg to the station.
What are current resale prices at Verticus in 2025–2026?
Based on URA transaction records through late 2025, Verticus units have been trading in the range of S$2,064 to S$2,387 psf, with an average of approximately S$2,275 psf. A 775 sq ft unit achieved S$2,387 psf in December 2025, representing the high-water mark on record. Gross rental yield currently sits at approximately 3.3%. All 162 developer units are sold out; buyers must transact on the secondary market. You can model financing costs using the Mortgage Calculator and entry stamp duties using the Stamp Duty Calculator.
What hospitals and medical facilities are near Verticus?
Verticus benefits from exceptional proximity to Singapore's premier medical corridor. Tan Tock Seng Hospital — one of Singapore's three major restructured hospitals and a principal training hospital for the National Healthcare Group — is approximately seven minutes by car. Mount Elizabeth Novena Hospital, a leading private specialist facility, is six minutes by car. The Novena Medical Hub, a cluster of specialist clinics and diagnostic centres, is roughly a 10-minute walk. This concentration of healthcare infrastructure drives consistent rental demand from medical professionals and expatriate healthcare workers.
What unit types and sizes are available at Verticus?
Verticus offers 14 distinct floor-plan types across a one-to-four-bedroom range plus penthouse configurations. Sizes run from 441 sq ft (one-bedroom) to 2,049 sq ft (four-bedroom penthouse). The majority of the 162 units fall within the one-bedroom and two-bedroom bands, reflecting the developer's read of the investment and young-professional segment. All units are sold out at developer prices; availability and quantum in the resale market vary and should be verified with a licensed property agent at time of enquiry.
Is Verticus suitable for foreigners or permanent residents purchasing property in Singapore?
Yes — Verticus is a non-landed private residential development, which foreign nationals and permanent residents are legally permitted to purchase. However, buyer stamp duty rates differ materially by residency status and purchase order. Singapore Citizens buying a second property pay 20% ABSD; Permanent Residents buying a first property pay 5% ABSD and 30% on a second; foreigners pay 60% ABSD on any residential purchase. These costs significantly affect net yield and should be modelled carefully before committing. Use the Total Cost Calculator and TDSR Calculator to assess total acquisition cost and borrowing capacity.
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA.
- Sales data: 128 transactions analysed
- Rental data: 108 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 VERTICUS
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.
New Sale vs Resale Mix
Of the 438 condo transactions recorded in District 12 over the last 12 months, 87% resale, 13% new 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 12 reads 136.8 as of May 2026 — down 6.2% 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 12 could add roughly 335 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 |
|---|---|---|---|---|
| Lorong 1 Toa Payoh | — | ~335 | Confirmed | Available |
HDB Alternatives Nearby
Weighing VERTICUS against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (220m away), an upgrader gap of about $700,000
- Toa Payoh — 4-room average $929,793 (580m away), an upgrader gap of about $650,000
- Central Area — 4-room average $1,088,814 (1.9 km away), an upgrader gap of about $500,000