Overview & Key Facts
VERANDA is a freehold condominium at LORONG K TELOK KURAU in District 15 (OCR), developed by ROXY HOMES PTE LTD, comprising 24 units, completed in 2004.
Location & Connectivity
VERANDA is approximately 730m from Marine Terrace MRT station, with 4 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Marine Terrace | Thomson-East Coast Line | 730m |
| Kembangan | East-West Line | 1 km |
| Eunos | East-West Line | 1.1 km |
| Marine Parade | Thomson-East Coast Line | 1.2 km |
Schools & Education
13 schools within 2 km (1 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Telok Kurau Primary School | Primary | 380m |
| Canossa Catholic Primary School | Primary | 1.1 km |
| Tanjong Katong Girls' School | Secondary | 1.1 km |
| Canadian International School (Tanjong Katong) | International | 1.1 km |
| Broadrick Secondary School | Secondary | 1.2 km |
| EtonHouse International School (Broadrick) | International | 1.2 km |
| CHIJ (Katong) Primary | Primary | 1.3 km |
| Chung Cheng High School (Main) | Secondary | 1.4 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 4 | $1,466 psf | $1,787,500 |
| 5+ BR | 3 | $1,050 psf | $2,586,667 |
Market Position
VERANDA has recorded 7 sales at an average price of $2,130,000.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 1 | $787 psf | — |
| 2022 | 2 | $1,378 psf | ↑ 75.0% |
| 2024 | 4 | $1,367 psf | ↓ 0.8% |
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VERANDA prices are holding within 0.8% of the 2022 peak, 73.7% above the 2021 starting level.
Price Index Check
The ShiokNest Price Index for District 15 reads 110.5 as of June 2026 — down 9.3% 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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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | $2,536 psf | 913 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | $2,790 psf | 783 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | $2,467 psf | 645 |
| AMBER PARK | Freehold | $2,549 psf | 397 |
What Could Work Against You
- Only 0 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.
- At 24 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
This is a strong match for families with young children, long-term hold (10+ yr), freehold / generational hold and boutique low-density (<100 units). Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.
car-owning households and international school families should treat this as a shortlist candidate, not a default choice.
It is a weaker fit for yield-focused investors and resort facilities — other options likely serve them better. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
VERANDA is a freehold development in District 15 (OCR), with 24 units, offering a gross yield of 2.7%.
Explore the full VERANDA dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing VERANDA against staying public? These HDB towns sit within walking or short-drive distance:
- Marine Parade — 4-room average $648,065 (780m away), an upgrader gap of about $1,500,000
- Geylang — 4-room average $761,443 (1.1 km away), an upgrader gap of about $1,350,000
- Bedok — 4-room average $659,895 (1.2 km away), an upgrader gap of about $1,450,000
FAQ
What is the average PSF for VERANDA?
Is VERANDA freehold?
What is the rental yield for VERANDA?
Which MRT is nearest to VERANDA?
Sources & Next Steps
- VERANDA Dashboard — Live charts and analytics
- URA — 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: 7 transactions
- Rental data: 12 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jul 2024 · 7 records analysed · Source: URA private-sale caveats