THE VERTE

LORONG H TELOK KURAU
RESALE CONDODistrict 15
Kembangan MRT · 6 min walk (500m)OCRFreehold
Total Units
36
2Y PSF Change
-100.0%
0 txns in 24m
Median PSF
1,338
18.2% QoQ
Total Sales
5
since 2021-07
Price Range
$1.8M$3.0M
all-time
Unit Size
1,811 sqft
Floors 11
PSF MOVEMENT ALERT — 2024-Q1
Median PSF rose 18.2% quarter-on-quarter (from $1,418 in 2022-Q1 to $1,676 in 2024-Q1). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

THE VERTE is a freehold compact 36-unit development on LORONG H TELOK KURAU in District 15 (OCR). At 6 minutes from Kembangan MRT, connectivity is good and supports rental appeal. At $0 PSF it aligns with the D15 median of $1,689 PSF -- fairly priced by the district's own standard.

Limited recent transaction data makes it harder to gauge price momentum -- buyers should rely on comparable sales for price discovery. Against EMERALD OF KATONG at $2,628 PSF (flat), it trades at a 0% discount.

Rental yield data is unavailable, though freehold tenure supports long-term capital preservation. Benchmark against D15 average yield of 3.06% before projecting returns. THE CONTINUUM at $2,869 PSF (+5%) is a relevant comparator in the same corridor.

With only 36 units, resale liquidity is thin -- expect longer marketing periods and wider bid-ask spreads. Within the competitive set, GRAND DUNMAN at $2,533 PSF (+0.4%) provides a reference for local market direction.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
EMERALD OF KATONG$2,6280.0%
THE CONTINUUM$2,869+5.0%
GRAND DUNMAN$2,533+0.4%
TEMBUSU GRAND$2,419-1.7%
MEYER BLUE$3,2050.0%

PSF Trend

Quarterly
1,145
2021-Q3
1,225
2021-Q4
1,418
2022-Q1
1,676
2024-Q1

Recent Transactions

Data refreshed monthly · Last transaction: Jan 2024
DatePriceSizePSFFloor
Jan 2024$1,858,0001,109 sqft$1,67601-05
Jan 2022$2,350,0001,658 sqft$1,41801-05
Nov 2021$1,810,0001,378 sqft$1,31401-05
Oct 2021$2,950,0002,594 sqft$1,13701-05
Jul 2021$2,650,0002,314 sqft$1,14501-05
Showing 5 of 5 transactions

Location

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