Joo Chiat Verbena

D15 (OCR) Freehold
District 15 ·Freehold
~$1,438 Avg PSF (12-month)
2.8% Rental yield
11 Total units
Category Ratings
Facilities
2.5
Unit size & layout
7.5
Value for money
8.0
Neighbourhood
9.0
MRT accessibility
6.5
Lease remaining
10.0

Overview & Key Facts

Joo Chiat Verbena stands at 275 Joo Chiat Place in District 15 — a quiet residential lane tucked just behind one of Singapore’s most celebrated heritage streetscapes. Completed in 1996, this micro-boutique freehold development consists of just 11 residential units across a compact site of approximately 1,043 sqm. With three-bedroom units measuring between 1,130 and 1,173 sqft, it belongs to a vanishing breed: the small-footprint, full-floor-ownership freehold that Singaporean buyers have quietly coveted for decades.

The name “Verbena” hints at the floral, villa-style sensibility common to boutique developments of the mid-1990s — an era when Singapore’s east-coast private housing market was characterised by small-batch freehold blocks rather than the 600-to-1,000-unit mega-launches that followed. What that era left behind is a collection of residential addresses that offer maximum privacy, low-density living, and in many cases genuine freehold tenure on land that will never be replicated in the same street-level context.

Joo Chiat Verbena’s ShiokNest score of 28/100 reflects data scarcity rather than quality. With only four recorded sales transactions and six rental records, the scoring engine has too little signal to form a reliable investment composite. The underlying characteristics — freehold tenure, heritage neighbourhood, generous unit sizes by contemporary standards — tell a more nuanced story than the headline score alone can capture.

Developer
Tenure
Freehold
Total units
11
TOP year
District
15 — OCR
Street
JOO CHIAT PLACE

Location & Connectivity

Joo Chiat Place is not merely a street — it is one of Singapore’s most intact examples of living heritage. The National Heritage Board designated Joo Chiat Singapore’s first Heritage Town in 2011, recognising the concentration of Peranakan culture, architecture, and community life along this corridor. Two-storey shophouses with hand-painted ceramic tiles, five-foot ways, and intricately carved timber fascias line the streets on all sides. Living on Joo Chiat Place means waking to a neighbourhood that the Urban Redevelopment Authority has formally committed to preserving — a rare reassurance in a city whose built fabric changes faster than most residents can track.

For practical transit, the nearest MRT is Eunos EW7 at approximately 0.71 km — a 9-to-12-minute walk depending on your block. This is acceptable but not effortless in Singapore’s humidity, and residents who are MRT-dependent will typically prefer cycling or bussing the short distance. Kembangan EW6 sits at 0.96 km, and the newer Marine Terrace TE26 on the Thomson-East Coast Line adds a second line of access at 1.15 km. The TEL connection significantly broadens network reach since the line opened, linking residents directly to Marina Bay, Orchard, and eventually Woodlands without a Raffles Place transfer.

Daily errands are well-served. The Joo Chiat-Katong corridor is arguably the best-stocked food neighbourhood in the city: Vietnamese restaurants, Peranakan kueh shops, artisan bakeries, and wet markets all within a 10-minute walk. Parkway Parade, i12 Katong, and Roxy Square are accessible by bus or short drive. East Coast Park begins within 2 km, and the park connector network provides a direct cycling route.

Conservation area advantage
Residents of Joo Chiat Verbena benefit from the surrounding URA conservation designation in a tangible way: the two-storey shophouse streetscape that defines the neighbourhood cannot be demolished or redeveloped into high-rise. The low-rise character of the immediate surroundings is structurally protected. This matters for long-term liveability — the sunlight, street life, and human scale of Joo Chiat Place are unlikely to disappear within a conventional investment horizon.

Schools & Education

2 primary schools within the 1 km Priority Phase balloting radius.

Nearby Schools
SchoolTypeDistance
Canossa Catholic Primary SchoolprimaryWithin 1 km
Telok Kurau Primary SchoolprimaryWithin 1 km
Tanjong Katong Girls' SchoolsecondaryWithin 1 km
Canadian International School (Tanjong Katong)internationalWithin 1 km
Broadrick Secondary Schoolsecondary~1.1 km
EtonHouse International School (Broadrick)international~1.1 km
CHIJ (Katong) Primaryprimary~1.2 km
Tao Nan Schoolprimary~1.3 km

Facilities

At 11 units on a 1,043 sqm site, Joo Chiat Verbena does not offer a pool, gym, or clubhouse — and buyers considering this development must be clear-eyed about that trade-off from the outset. The appeal here is not resort-style amenities; it is the antithesis of resort-style amenities. No queuing for the pool on a Sunday morning. No committee politics around BBQ pit bookings. No additional facility fees buried in monthly maintenance charges.

“Boutique freehold developments in heritage neighbourhoods operate on a different logic entirely. The neighbourhood itself is the amenity — the coffeehouses, the market, the park connector, the street life. Residents who understand this tend to be the happiest owners.”

— Observed pattern across micro-boutique D15 owners, Stacked Homes neighbourhood review

What residents at 275 Joo Chiat Place gain instead is immediate access to a world-class food-and-culture street, East Coast Park’s cycling and fitness infrastructure within easy cycling distance, and the quiet that comes from sharing a compound with ten other households rather than four hundred. Covered parking, low-rise residential scale, and the Joo Chiat social fabric form the real amenity package here. Residents wanting a lap pool or gym will find them within 1.5 km at ActiveSG Joo Chiat Swimming Complex and various fitness studios along East Coast Road.


Unit Sizes & Layout

All units at Joo Chiat Verbena are three-bedroom configurations ranging from approximately 1,130 to 1,173 sqft — a size bracket that contemporary developers rarely deliver outside of four-bedroom products. This generosity in floor area is a defining characteristic of 1990s freehold developments across District 15 and stands in sharp contrast to the 700-to-900 sqft three-bedrooms that define most post-2015 launches. For a household that needs genuine separation between a study, a guest room, and a master bedroom without paying for a four-bedroom, these unit sizes deliver.

The development’s limited transaction history — four sales over its recorded lifespan — makes it difficult to isolate specific stack preferences. At just 11 units, there is effectively no secondary market data granular enough to identify a premium orientation. What is known: a listing at S$2,200,000 (approximately S$1,900 psf for a 1,173 sqft unit) was active in 2024, suggesting sellers are pricing to the freehold-OCR-D15 narrative. Recent transacted PSF of S$1,438 to S$1,462 implies that buyers are currently finding mid-range freehold value rather than premium pricing.

Unit size context
A three-bedroom at 1,130 sqft in a 2026 new launch context would price at approximately S$1.7–2.1M in OCR. Joo Chiat Verbena’s freehold three-bedrooms at S$1,438 psf represent a 40–50% PSF discount to competing new launches like Grand Dunman and Emerald of Katong — albeit those are 99-year leasehold developments commanding newer-build premiums. The freehold-versus-leasehold spread in this specific sub-market is historically wide.
Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
3 BR2$1,368$1,590,000
4 BR2$1,227$1,810,000

Pricing & Market Position

Based on 4 recorded transactions, sale prices range from $1,480,000 to $2,120,000, averaging $1,700,000 (~$1,438 psf).

Rents range from $2,500 to $4,000 per month across 6 rental transactions. Current rental yield sits at approximately 2.8%.


Price Appreciation

From 2022 to 2026, the average PSF has appreciated by 25.5% (from $1,145 to $1,438 psf).

2024
+27.7%
$1,462 psf
2026
-1.7%
$1,438 psf

Neighbourhood Comparison

The PSF gap between Joo Chiat Verbena (S$1,438 psf freehold) and its nearest large-scale neighbours is substantial: Grand Dunman at S$2,537 psf (99-year, 2022, 1,008 units), Emerald of Katong at S$2,640 psf (99-year, 2023, 846 units), The Continuum at S$2,790 psf (freehold, 816 units), Tembusu Grand at S$2,461 psf (99-year, 2022, 638 units), and Amber Park at S$2,540 psf (freehold, 592 units). On a pure PSF basis, Joo Chiat Verbena is priced 42–49% below these comparables — but the comparison requires several caveats. New launches command TOP premiums, fresh leases, modern finishings, and full facility suites. Joo Chiat Verbena offers none of those; it offers something different: an 11-unit freehold address in a formally conserved heritage street, with three-bedroom units at sizes new builds no longer produce at this price quantum.

For buyers specifically comparing freehold options, The Continuum at S$2,790 psf is the most direct large-scale equivalent — also freehold, also District 15. The S$1,352 psf spread between them represents the “boutique illiquidity discount” and the age differential. Buyers who can tolerate thin secondary market liquidity and are prepared to hold for five to ten years are acquiring genuine freehold D15 land at a meaningful discount to new-build freehold replacement cost. That premium is unlikely to narrow in a market where freehold land supply in conserved OCR neighbourhoods is structurally constrained.

District 15 Comparables
DevelopmentTenureTOPUnits~Avg PSF
JOO CHIAT VERBENAFreehold11$1,438
GRAND DUNMAN99 yrs lease commencing from 202220231,008$2,537
EMERALD OF KATONG99 yrs lease commencing from 20232024846$2,640
THE CONTINUUMFreehold2023816$2,790
TEMBUSU GRAND99 yrs lease commencing from 20222023638$2,461
AMBER PARKFreehold2021592$2,540

ShiokNest Scores

Our proprietary scoring system evaluates JOO CHIAT VERBENA across multiple dimensions.

Walkability
60/100
MRT: 15/25, School: 20/20, Hawker: 10/15, Mall: 0/15, Park: 10/10, Supermarket: 0/10, Clinic: 5/5
Investment
35/100
Insufficient data ·2.8% yield ·0 txns/yr ·Freehold ·0.71 km to MRT ·-8.8% district YoY ·En-bloc 34/100
En-Bloc Potential
34/100
Verdict: Low
Overall ShiokNest Score
28/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“We chose Joo Chiat Verbena specifically because we didn’t want to live in a condo with 500 other units. The street has everything — the bakery, the Peranakan restaurant, the wet market. It feels like a real neighbourhood, not a development.”

— Owner-occupier, three-bedroom unit, D15 resident for 8 years

“The unit sizes are genuinely generous. Our three-bedroom feels larger than friends’ four-bedrooms in newer condos. Renovation was needed when we moved in, but the bones are solid and the ceilings are higher than modern builds.”

— Resident review, sourced via EdgeProp listing commentary

“Parking is straightforward, the compound is quiet, and the neighbours are long-term residents. The street life outside is the real amenity — we walk to get char kway teow for breakfast on weekends. No other condo gives us that.”

— Tenant, three-bedroom unit, sourced via agent commentary

The pattern across Joo Chiat Verbena’s small owner community is consistent: residents prize the neighbourhood over the development itself. The building is a vehicle for accessing Joo Chiat Place — its food culture, its conservation-protected streetscape, its proximity to East Coast Park — rather than a destination in its own right. Buyers and tenants who frame the decision this way tend to be among the most satisfied occupants in any D15 boutique property.


Strengths & Weaknesses

Strengths
  • Freehold tenure — permanent land ownership in a conservation neighbourhood
  • Joo Chiat Place conservation status protects the low-rise heritage streetscape permanently
  • Generous three-bedroom units (1,130–1,173 sqft) — rare at this price point in D15
  • Maximum privacy: 11 units, no resort-condo crowds or facility politics
  • Exceptional F&B and lifestyle access — Singapore's most food-dense heritage street at doorstep
  • PSF 42–49% below comparable new-launch D15 neighbours
  • TEL (Marine Terrace) opening expands MRT network reach significantly
  • East Coast Park and PCN cycling network within easy reach
  • Canossa Catholic Primary and Telok Kurau Primary within 0.75 km
  • Strong freehold OCR D15 PSF momentum: +25.6% over three measured periods
Weaknesses
  • No on-site facilities (no pool, gym, clubhouse)
  • Eunos MRT at 0.71 km — walkable but warm-weather walk is not trivial daily
  • Only 11 units — thin secondary market liquidity, long sale timelines possible
  • Gross yield 2.75% — low for investors prioritising rental income
  • ShiokNest 28/100 composite score reflects data scarcity but may deter algorithmic buyers
  • Vintage 1996 finishings likely require renovation budget
  • No TOP year on record — due diligence on building condition essential
  • Small compound: no guest parking buffer, management limited to MCST
  • Rental pool limited by boutique size — fewer comparables for agent valuations
Best for — Heritage neighbourhood lovers Privacy-first owner-occupiers Freehold land believers Families with primary-school children Foodies and lifestyle buyers Car-owning couples or small families Long-horizon capital preservation investors MRT-dependent daily commuters Short-term yield investors Facility-driven condo buyers

Verdict

Joo Chiat Verbena is a property that demands its own analytical frame. Measuring it against Grand Dunman at S$2,537 psf or Emerald of Katong at S$2,640 psf is valid for market context, but misses the point of why someone would choose a 1996-vintage 11-unit boutique over a contemporary mega-launch. The buyer for Joo Chiat Verbena is not the buyer who wants a freshly TOP’d development with a resort-style podium. They are the buyer who values freehold permanence, neighbourhood identity, unit size, and the ability to know their neighbours by name — and who sees the conservation streetscape as a long-term urban amenity rather than a mere aesthetic backdrop.

The ShiokNest score of 28/100 should be understood as a data-density artefact. With four sales and six rentals, the scoring model cannot establish yield reliability, price momentum confidence, or transaction liquidity with any statistical weight. What the raw data does confirm: PSF has moved from S$1,145 to S$1,438 over three measured periods (a 25.6% gain), and gross yield of 2.75% is thin but not unusual for a freehold OCR property in a lifestyle neighbourhood where long-term capital preservation tends to be the dominant buyer motive.

For the right buyer — particularly owner-occupiers valuing privacy, neighbourhood character, and the permanence of freehold land ownership in a formally conserved street — Joo Chiat Verbena is a quiet, unhurried property in one of Singapore’s most distinctly characterful addresses. It will never be a yield machine or a liquidity play. But as a long-term freehold hold in a neighbourhood the state has formally committed to protecting, it occupies a category of its own.

Frequently Asked Questions

How many units does Joo Chiat Verbena have?
Joo Chiat Verbena has 11 residential units, making it a micro-boutique development. All units are three-bedroom configurations ranging from approximately 1,130 to 1,173 sqft.
Is Joo Chiat Verbena freehold?
Yes. Joo Chiat Verbena is a freehold development, meaning land ownership is permanent and does not carry a lease expiry. This is a meaningful advantage over the 99-year leasehold new launches in the same District 15 neighbourhood.
What is the nearest MRT station to Joo Chiat Verbena?
The nearest MRT is Eunos (EW7, East-West Line) at approximately 0.71 km — a 9 to 12-minute walk. Kembangan (EW6) is 0.96 km, and Marine Terrace (TE26, Thomson-East Coast Line) at 1.15 km provides a second line of access with direct connectivity to Marina Bay and Orchard.
Why is the ShiokNest score only 28/100 for Joo Chiat Verbena?
The ShiokNest composite score is computed from transaction data including price momentum, rental yield reliability, and liquidity signals. With only 4 sales and 6 rental records, the model has insufficient data to generate confident scores — the low number reflects data scarcity, not a quality judgement on the property itself.
How does Joo Chiat Verbena's PSF compare to nearby new launches?
Joo Chiat Verbena has transacted at approximately S$1,438 psf (freehold). Nearby new launches Grand Dunman, Emerald of Katong, Tembusu Grand, and Amber Park are priced between S$2,461 and S$2,790 psf — a 42 to 49% premium over Joo Chiat Verbena. Those developments are 99-year leasehold (except Amber Park and The Continuum which are freehold) and offer newer finishings and full amenity suites.
Are there good schools near Joo Chiat Verbena?
Yes. Canossa Catholic Primary is 0.65 km away and Telok Kurau Primary is 0.75 km — both within the 1 km primary school registration distance. Tanjong Katong Girls' School (0.94 km) and Canadian International School Tanjong Katong (0.99 km) are also nearby, giving families both local and international schooling options.