THE VERANDAH RESIDENCES
UrbanLens Analysis
THE VERANDAH RESIDENCES commands $2,031 PSF -- NaN% below what District 05 typically fetches ($0 PSF). Haw Par Villa MRT is 495m away (6-min walk), functional but not a headline selling point.
The +2.3% two-year price movement is negligible -- neither bullish nor bearish. With 17 deals in two years, the pricing data has reasonable statistical weight.
Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Gross yield of 3.9% beats the RCR average of 0.0%. With $6,293/month median rent, income-focused buyers have a real case here.
At 170 units, the development is mid-sized: adequate amenities, manageable maintenance pool, and reasonable resale velocity. The city-fringe location offers genuine accessibility without core-district pricing, which is the fundamental upgrader value proposition.
PSF Trend
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