Versailles
Versailles is a freehold condominium in District 15 (Joo Chiat, Amber Road, Katong), within Singapore's Rest of Central Region (RCR). Completed in 1994, the development comprises 55 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
VERSAILLES is a freehold condominium at HEMMANT ROAD in District 15 (RCR), developed by ADAMAS DEVELOPMENT PTE LTD, comprising 55 units, completed in 1994.
Location & Connectivity
VERSAILLES is approximately 420m from Dakota MRT station, with 6 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Dakota | Circle Line | 420m |
| Paya Lebar | East-West Line | 720m |
| Paya Lebar | Circle Line | 720m |
| Tanjong Katong | Thomson-East Coast Line | 920m |
| Aljunied | East-West Line | 990m |
| Mountbatten | Circle Line | 1.1 km |
Schools & Education
16 schools within 2 km (6 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Geylang Methodist School (Secondary) | Secondary | 320m |
| Kong Hwa School | Primary | 360m |
| Geylang Methodist School (Primary) | Primary | 510m |
| Haig Girls' School | Primary | 590m |
| One World International School (Mountbatten) | International | 910m |
| Tanjong Katong Primary School | Primary | 940m |
| Tao Nan School | Primary | 1 km |
| Broadrick Secondary School | Secondary | 1.1 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 2 | $1,471 psf | $1,029,000 |
| 2 BR | 1 | $1,495 psf | $1,110,000 |
| 3 BR | 1 | $1,606 psf | $1,780,000 |
| 4 BR | 5 | $1,265 psf | $1,877,200 |
Market Position
VERSAILLES has recorded 9 sales at an average price of $1,592,667.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at VERSAILLES typically rent harder per dollar of purchase price. The final column shows monthly rent per $100,000 invested, so unit sizes compare on equal capital:
| Type | Avg Rent | Avg Price | Gross Yield | Rent per $100k |
|---|---|---|---|---|
| 1 BR | $2,537/mo | $1,029,000 | 2.96% | $247/mo |
| 2 BR | $3,025/mo | $1,110,000 | 3.27% | $273/mo |
| 3 BR | $3,619/mo | $1,780,000 | 2.44% | $203/mo |
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Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 2 | $1,275 psf | — |
| 2022 | 1 | $1,225 psf | ↓ 3.9% |
| 2023 | 2 | $1,526 psf | ↑ 24.6% |
| 2024 | 1 | $1,544 psf | ↑ 1.2% |
| 2025 | 1 | $1,613 psf | ↑ 4.4% |
| 2026 | 2 | $1,192 psf | ↓ 26.1% |
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VERSAILLES prices have cooled 26.1% from the 2025 peak, yet remain 6.6% below where the series began in 2021.
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 2 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 55 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
- Completed in 1994, the development is over 32 years old — budget for rising maintenance, dated M&E systems, and the possibility that value increasingly rests on en-bloc potential rather than the units themselves.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: families with young children, mrt-walkable commuters, p1 school balloting families and long-term hold (10+ yr). Family-suitable layout and RCR (Rest of Central Region) location with established school catchments nearby.
For empty nesters / downsizers and heavy renovation / value seekers, it can work — but weigh the trade-offs before committing.
It is a weaker fit for yield-focused investors and resort facilities — other options likely serve them better. RCR (Rest of Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
VERSAILLES is a freehold development in District 15 (RCR), with 55 units, offering a gross yield of 2.5%.
At ~$1,332 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full VERSAILLES dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing VERSAILLES against staying public? These HDB towns sit within walking or short-drive distance:
- Geylang — 4-room average $761,443 (250m away), an upgrader gap of about $850,000
- Kallang/whampoa — 4-room average $882,887 (1.2 km away), an upgrader gap of about $700,000
- Marine Parade — 4-room average $648,065 (2 km away), an upgrader gap of about $950,000
FAQ
What is the average PSF for VERSAILLES?
Is VERSAILLES freehold?
What is the rental yield for VERSAILLES?
Which MRT is nearest to VERSAILLES?
Sources & Next Steps
- VERSAILLES 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: 9 transactions
- Rental data: 88 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: May 2026 · 9 records analysed · Source: URA private-sale caveats