Veranda
Veranda is a freehold condominium in District 15 (Joo Chiat, Amber Road, Katong), within Singapore's Outside Central Region (OCR). Completed in 2004, the development comprises 24 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
VERANDA
Over the 12 months to Jul 2024, Veranda recorded 3 rental contracts at a median $5,500/mo. Source: URA caveat data, as of Jul 2024.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jul-24 | $1,880,000 | $1,506 psf | 1,249 sqft | 01 to 05 | 3BR |
| Jun-24 | $2,880,000 | $1,205 psf | 2,390 sqft | 01 to 05 | 5BR |
| May-24 | $1,740,000 | $1,601 psf | 1,087 sqft | 01 to 05 | 3BR |
| Apr-24 | $2,880,000 | $1,158 psf | 2,486 sqft | 01 to 05 | 5BR |
| Nov-22 | $1,880,000 | $1,468 psf | 1,281 sqft | 01 to 05 | 3BR |
| Sep-22 | $1,650,000 | $1,288 psf | 1,281 sqft | 01 to 05 | 3BR |
| Aug-21 | $2,000,000 | $787 psf | 2,540 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.