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.
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