Veranda

D15 (OCR) Freehold

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.

District 15 · Freehold · Completed 2004
Avg PSF (12-month)
24Total units
Category Ratings
Facilities
4.0
Unit size & layout
7.5
Value for money
7.0
Neighbourhood
7.5
MRT accessibility
6.5
Lease remaining
10.0

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.

Developer
ROXY HOMES PTE LTD
Tenure
Freehold
Total units
24
TOP year
2004
District
15 — OCR
Street
LORONG K TELOK KURAU

Location & Connectivity

VERANDA is approximately 730m from Marine Terrace MRT station, with 4 stations within 1.5 km.

MRT stations near VERANDA
StationLineDistance
Marine TerraceThomson-East Coast Line730m
KembanganEast-West Line1 km
EunosEast-West Line1.1 km
Marine ParadeThomson-East Coast Line1.2 km

Schools & Education

13 schools within 2 km (1 within 1 km priority zone).

Schools near VERANDA
SchoolTypeDistance
Telok Kurau Primary SchoolPrimary380m
Canossa Catholic Primary SchoolPrimary1.1 km
Tanjong Katong Girls' SchoolSecondary1.1 km
Canadian International School (Tanjong Katong)International1.1 km
Broadrick Secondary SchoolSecondary1.2 km
EtonHouse International School (Broadrick)International1.2 km
CHIJ (Katong) PrimaryPrimary1.3 km
Chung Cheng High School (Main)Secondary1.4 km

Unit Mix & Pricing

Unit mix for VERANDA
TypeSalesAvg PSFAvg Price
3 BR4$1,466 psf$1,787,500
5+ BR3$1,050 psf$2,586,667

Market Position

VERANDA has recorded 7 sales at an average price of $2,130,000.

VERANDA sits at the 15th percentile of District 15 condo PSF.
Avg PSF (12mo)
$2,130,000
Avg Price
2.7%
Gross Yield
7
Total Sales

Price Appreciation

PSF trend for VERANDA
YearSalesAvg PSFChange
20211$787 psf
20222$1,378 psf↑ 75.0%
20244$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

District 15 competitors
CondoTenureAvg PSFSales
GRAND DUNMAN99 yrs lease commencing from 2022$2,536 psf913
EMERALD OF KATONG99 yrs lease commencing from 2023$2,640 psf844
THE CONTINUUMFreehold$2,790 psf783
TEMBUSU GRAND99 yrs lease commencing from 2022$2,467 psf645
AMBER PARKFreehold$2,549 psf397

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.

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?
PSF data is not yet available.
Is VERANDA freehold?
Yes, VERANDA is a freehold property.
What is the rental yield for VERANDA?
The estimated gross yield is 2.7%.
Which MRT is nearest to VERANDA?
The nearest is Marine Terrace MRT at 730m.

Sources & Next Steps

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.

Data as of July 2024

Latest recorded data point: Jul 2024 · 7 records analysed · Source: URA private-sale caveats