Verdor Residences

D15 (OCR) Freehold
District 15 ·Freehold
Avg PSF (12-month)
2.6% Rental yield
16 Total units
Category Ratings
Facilities
4.5
Unit size & layout
7.0
Value for money
7.5
Neighbourhood
8.5
MRT accessibility
7.0
Lease remaining
10.0

Overview & Key Facts

Verdor Residences is a quiet, intimate freehold boutique tucked along Joo Chiat Terrace — one of the most characterful streets in Singapore's storied East Coast belt. Completed in 2022, this three-storey, 16-unit development trades the scale and spectacle of nearby mega-launches for something more understated: a low-rise residence that lets the neighbourhood do the talking. Here, the charm lies not in a lavish facilities deck but in the address itself — a heritage-soaked pocket where Peranakan shophouses, artisan cafés, Nyonya restaurants, and vibrant street murals form the daily backdrop.

With only 16 units across a single block, Verdor Residences offers a level of privacy and community rarely found in modern Singapore. Residents typically know their neighbours by name, and the absence of a sprawling condo crowd means quiet corridors, unhurried lobbies, and a genuinely residential atmosphere. Unit sizes span 732 to 1,464 square feet, covering one- to four-bedroom configurations, and the freehold tenure means owners hold the land in perpetuity — a meaningful distinction in a city where 99-year leasehold remains the norm.

Transacted at an average of around $1,700–$1,780 psf over its short sales history, Verdor sits at a tangible discount to the newer launches reshaping Katong and Marine Parade. For buyers who value character over gloss and neighbourhood culture over resort-style amenities, Verdor Residences presents a genuinely compelling case in the D15 landscape.

Developer
Tenure
Freehold
Total units
16
TOP year
District
15 — RCR
Street
JOO CHIAT TERRACE

Location & Connectivity

Joo Chiat is arguably Singapore's most beloved heritage neighbourhood, and Verdor Residences sits squarely within it. The address on Joo Chiat Terrace places residents within a short walk of the Joo Chiat Road conservation corridor — a UNESCO-considered stretch of two-storey Peranakan shophouses painted in pastel hues, their ornate facades telling stories of Straits Chinese culture that stretch back generations. The neighbourhood is simultaneously a living museum and a thriving culinary destination, with celebrated Nyonya kitchens, traditional bakeries, craft cocktail bars, and third-wave coffee roasters occupying shophouse ground floors.

Eunos MRT (East-West Line) sits 0.58 km away — about an 8-minute walk — providing direct rail access to the CBD, Changi Airport, and beyond. Paya Lebar MRT interchange (EW/CC lines) is 1.20 km away, adding Circle Line connectivity that reaches Bishan, Serangoon, and Dhoby Ghaut. Marine Parade MRT (Thomson-East Coast Line) at 1.35 km broadens access further, with that line now connecting to Orchard and the Core Central Region. For drivers, the East Coast Parkway is minutes away, and East Coast Park itself — Singapore\'s most-visited public greenway — is reachable by bicycle or a short cab ride.

Day-to-day conveniences are comprehensive. FairPrice is within 0.3 km, Katong Point and KINEX shopping malls are nearby, and the Joo Chiat Complex hawker ecosystem provides some of the most affordable and authentic local food in the East. The school cluster is exceptional for the address: Canossa Catholic Primary sits just 0.36 km away, Tanjong Katong Girls\' School is 0.72 km, and Canadian International School (Tanjong Katong Campus) at 0.79 km serves the expatriate community well. Haig Girls\', Tao Nan, Broadrick Secondary, and CHIJ Katong Primary round out a genuinely strong education corridor.

Neighbourhood Snapshot
  • Eunos MRT (EW): 0.58 km — 8-min walk, direct to City Hall and Changi
  • Canossa Catholic Primary: 0.36 km — one of the closest primary schools in D15
  • East Coast Park: ~1.5 km — cycling, BBQ pits, beach access
  • Joo Chiat food belt: 5-min walk to Nyonya restaurants, dim sum, artisan cafés
  • Katong I12 / KINEX: under 1.5 km for retail, supermarkets, F&B

Schools & Education

1 primary school within the 1 km Priority Phase balloting radius.

Nearby Schools
SchoolTypeDistance
Canossa Catholic Primary SchoolprimaryWithin 1 km
Tanjong Katong Girls' SchoolsecondaryWithin 1 km
Canadian International School (Tanjong Katong)internationalWithin 1 km
Broadrick Secondary SchoolsecondaryWithin 1 km
EtonHouse International School (Broadrick)internationalWithin 1 km
Tao Nan Schoolprimary~1.0 km
Haig Girls' Schoolprimary~1.0 km
CHIJ (Katong) Primaryprimary~1.1 km

Facilities

As a boutique 16-unit development, Verdor Residences offers a curated rather than comprehensive facilities package. Residents can expect well-maintained communal areas typical of a quality boutique development — a small swimming pool or plunge pool, covered carparking, and manicured landscaping that gives the project a restful, garden-like feel. The building was completed in 2022, so all mechanical and electrical systems are modern, and the shared spaces are in excellent condition. The low unit count means facilities are never crowded — the pool is always available, and there is no competition for parking or lift access.

The trade-off is clear: buyers who desire a full-scale clubhouse, gym, tennis court, and function rooms should look to larger developments in the area. Verdor\'s appeal is different — the neighbourhood itself serves as the amenities deck. Joo Chiat\'s hawker centres, parks, heritage trails, cafés, and yoga studios substitute for the on-site lifestyle programming that larger condos provide. For residents who actively engage with their neighbourhood, this is a strength rather than a weakness.

"Boutique living in Joo Chiat means your \'facilities\' are the entire neighbourhood — the morning kaya toast at the corner kopitiam, the evening run along East Coast Park, and the weekend flea market two streets away. You stop missing the gym when you have all of that outside your door." — Perspective on Joo Chiat boutique condo living

Unit Sizes & Layout

Verdor Residences offers 16 units spanning 732 to 1,464 square feet across one- to four-bedroom configurations. The larger units — three- and four-bedroom layouts — dominate the transaction record, reflecting the family-oriented nature of the Joo Chiat neighbourhood and the project\'s appeal to buyers seeking substantive living space rather than compact investor units. Ceiling heights in a contemporary 2022-completed boutique typically run at 2.8 m or above, and units are finished to a modern standard with quality fittings. The three-bedroom 1,150 sqft configuration is particularly popular on the rental market, with active listings in the $5,000–$5,500/month range.

The unit count of 16 ensures that every floor has very few neighbours, reducing corridor noise and lift wait times to negligible levels. The three-storey height keeps the building human in scale — there are no sky-high stacks, no distant views to compensate for, and no express lifts to navigate. This intimate configuration suits owner-occupiers who want a home that feels like a home, not a hotel. For investors, the rental market has been active — 16 rental transactions recorded against 16 total units signals a healthy occupancy rate and a broadly balanced buy-to-let market.

Unit Mix at a Glance
  • Size Range: 732 – 1,464 sqft (68 – 136 sqm)
  • Bedrooms: 1- to 4-bedroom configurations
  • Floors: 3 storeys, 1 block, 16 units total
  • Tenure: Freehold — perpetual ownership, no lease decay
  • TOP: 2022 — modern build, all systems current
  • Rental Activity: 16 rentals recorded — 1:1 rental-to-unit ratio signals strong leasing demand
Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
2 BR1$1,708$1,250,000
4 BR2$1,776$2,504,444

Pricing & Market Position

Based on 3 recorded transactions, sale prices range from $1,250,000 to $2,590,000, averaging $2,086,296.

Rents range from $3,200 to $6,000 per month across 16 rental transactions. Current rental yield sits at approximately 2.6%.


Price Appreciation

From 2023 to 2025, the average PSF has declined by 3.5% (from $1,769 to $1,708 psf).

2024
+0.8%
$1,784 psf
2025
-4.2%
$1,708 psf

Neighbourhood Comparison

Against its D15 peers, Verdor Residences occupies a distinct price and character tier. Grand Dunman (2,843 units, $2,537 psf), Emerald of Katong (846 units, $2,640 psf), The Continuum (816 units, $2,790 psf), and Amber Park (592 units, $2,540 psf) are all substantially larger developments offering full resort-style facilities, branded marketing, and the liquidity benefits that come with higher unit counts. They command premiums of 49–63% over Verdor\'s current transacted psf, reflecting scale, newness, and developer brand — but also a fundamentally different lifestyle proposition. Verdor\'s micro-scale, freehold title, and authentic Joo Chiat address occupy a niche that none of those projects can fill. Buyers who compare purely on psf will find Verdor the most affordable freehold option in the submarket; buyers who compare on lifestyle and neighbourhood authenticity will find it the most irreplaceable.

District 15 Comparables
DevelopmentTenureTOPUnits~Avg PSF
VERDOR RESIDENCESFreehold16
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 VERDOR RESIDENCES 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
41/100
Insufficient data ·3.5% yield ·0 txns/yr ·Freehold ·0.58 km to MRT ·-8.8% district YoY ·En-bloc 39/100
En-Bloc Potential
39/100
Verdict: Low
Overall ShiokNest Score
51/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

"We moved here from a larger condo in Bishan and honestly we\'ve never looked back. The Joo Chiat food scene alone makes it worth it — within five minutes on foot we have everything from traditional Peranakan to specialty coffee. The building is quiet, our neighbours are lovely, and Canossa Catholic Primary for our daughter is just around the corner." — Owner-occupier, 3-bedroom unit
"As an expat renting here, the location is genuinely special. The character of Joo Chiat is completely different from the typical expat enclaves — it feels like you\'re living in real Singapore rather than a bubble. Eunos MRT is a comfortable walk and I can be in the CBD in under 20 minutes." — Expatriate tenant, 3-bedroom unit
"The boutique size is exactly what we were looking for. No crowded pool on weekends, no strangers in the lift, no lengthy AGM debates over facilities budgets. It\'s a proper home, not a condo resort. The freehold title was the deciding factor — in today\'s market, that matters." — Investor-occupier, 2-bedroom unit

Strengths & Weaknesses

Strengths
  • Freehold tenure — perpetual ownership, no 99-year lease decay risk
  • Boutique intimacy — 16 units means zero facilities congestion and genuine community feel
  • Exceptional neighbourhood culture — Joo Chiat Peranakan heritage, café scene, food belt
  • Canossa Catholic Primary at 0.36 km — one of the closest primary schools to any D15 condo
  • Strong school cluster — 7+ schools within 1.1 km including international options
  • Eunos MRT (EW) at 0.58 km — good connectivity to CBD and Changi Airport
  • Meaningful PSF discount vs D15 mega-launches (37–47% cheaper than Emerald/Continuum)
  • Active rental market — 16 rental transactions recorded, healthy occupancy signal
  • Modern 2022 completion — contemporary finishes, all-new M&E systems
  • East Coast Park proximity — cycling and beach lifestyle within easy reach
Weaknesses
  • Very thin sales liquidity — only 3 recorded transactions; price discovery is limited
  • Limited on-site facilities — boutique scale means no full gym, tennis court, or clubhouse
  • Modest gross yield at 2.58% — below typical D15 investor thresholds
  • Slight PSF softness — $1,784 → $1,708 trend over observation period (-4.3%)
  • No MRT within 500m — Eunos at 0.58 km is comfortable but not a doorstep station
  • Small unit count increases management fee concentration risk
  • Unknown developer track record — limited brand assurance for resale premiums
  • Very limited unit mix visibility — thin transaction data makes floor-level analysis difficult
Best for — Heritage Lifestyle Buyer Freehold Collector School-Zone Family Boutique Downsizer Expat Renter Long-Term Hold Investor Avoid: Amenity-First Buyer

Verdict

Verdor Residences is not a development that tries to be everything to everyone — and that restraint is precisely its strongest quality. For buyers who have made peace with the boutique trade-offs (limited on-site facilities, minimal economies of scale in management fees), what remains is an exceptional location, a freehold title, and a living environment that most Singapore condos cannot replicate: genuine neighbourhood character. Joo Chiat is not manufactured charm — it is the real thing, earned over a century of Peranakan heritage, immigrant community history, and organic cultural evolution.

The PSF trend tells an honest story: transactions have moved from $1,784 to $1,708 over the observed period, a modest -4.3% drift that may reflect the thin transaction volume (only 3 recorded sales) as much as any directional market weakness. At $1,700 psf, Verdor is priced at a meaningful discount to Grand Dunman ($2,537 psf), Emerald of Katong ($2,640 psf), The Continuum ($2,790 psf), and Amber Park ($2,540 psf) — all newer or larger projects commanding significant premiums for scale and brand. The yield at 2.58% is modest but not unusual for freehold D15 stock, and the rental market activity suggests genuine occupancy demand rather than vacancy risk.

The ideal buyer is a discerning professional or small family who values walkable urban culture, excellent school proximity, and the irreplaceable sense of owning a freehold home in one of Singapore\'s most beloved postcodes. If you want a resort condo with every amenity under one roof, Verdor is not your project. If you want a beautiful neighbourhood, a permanent land title, and a boutique address that will never feel generic — Verdor Residences is hard to pass.

Frequently Asked Questions