The Verte
Located in District 15 (Joo Chiat, Amber Road, Katong), The Verte is a freehold condominium in the Outside Central Region (OCR). The development comprises 36 units. Sale and rental figures on this page are compiled from URA transaction records. Nearby developments in District 15 can be compared on ShiokNest's district analytics pages.
Over the 12 months to Jan 2024, The Verte recorded 7 rental contracts at a median $5,000/mo. Source: URA caveat data, as of Jan 2024.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jan-24 | $1,858,000 | $1,676 psf | 1,109 sqft | 01 to 05 | 3BR |
| Jan-22 | $2,350,000 | $1,418 psf | 1,658 sqft | 01 to 05 | 4BR |
| Nov-21 | $1,810,000 | $1,314 psf | 1,378 sqft | 01 to 05 | 4BR |
| Oct-21 | $2,950,000 | $1,137 psf | 2,594 sqft | 01 to 05 | 5BR |
| Jul-21 | $2,650,000 | $1,145 psf | 2,314 sqft | 01 to 05 | 5BR |
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.