The Verandah Residences

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

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Rental Price **

Average
S$ 3.2 psf pm
Range
S$ 3.2 - 3.2 psf pm

Amenities

2.9
2.9

Convenience

4.2
4.2

Connectivity

Details

No Data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
No Data
Description
The Verandah Residences is a freehold apartment completed in 2021. It is developed by OXLEY AMBER PTE LTD. The development occupies a land area of 8,326 sqm and a Gross Floor Area of 11,656 sqm. It consists of 170 units. According to records, buyers of this development are Singaporean 100.0%, PR 0.0%, Foreigner 0.0%, Company 0.0%.

THE VERANDAH RESIDENCES is located along PASIR PANJANG ROAD in Queenstown, in District 5. It is accessible through the nearest MRTs including Haw Par Villa CC25 and Pasir Panjang CC26. The nearest schools are HYPER ISLAND INSTITUTE OF HIGHER EDUCATION and ISS INTERNATIONAL SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 1,641 psf to S$ 1,641 psf at an average of S$ 1,641 psf. Its highest recorded transaction was S$ 1,641 psf in Jun 2018 for a 2,174-sqft unit. Its lowest recorded transaction was S$ 1,591 psf in Apr 2018 for a 2,174-sqft unit. Its current rental yield is at 2.3%.

Other nearby amenities include: 3 Childcare Centre(s): MAPLE BEAR EDUCARE PTE LTD, GREENFIELD MONTESSORI@PASIR PANJANG PTE. LTD., KIDS SPACE EDUCARE PTE LTD, and 2 Kindergarten(s): Pasir Panjang Hill Church Kindergarten, White Lodge West Coast Pte Ltd.

Buyers and tenants are attracted to District 5, which spans across the Buona Vista, Clementi, Dover, Pasir Panjang and West Coast neighbourhoods. It is a popular choice for home buyers due to its relative proximity to the Core Central Region. With a variety of amenities such as restaurants, bars and shops, parks, gyms and business properties in the area, District 5 is perfect for residents looking for a lively location with both work and play spaces. District 5 has a good mix of property in terms of affordability, ranging from HDB flats to luxury condominiums to landed properties. District 5 also has a number of commercial and industrial properties around Clementi MRT, at Star Vista and One North. The district is also well connected by MRT stations such as Clementi, Dover, Buona Vista, One-North, Kent Ridge, Haw Par Villa and Pasir Panjang MRT stations along the East-West and Circle lines. District 5 is also particularly car-friendly. Residents with cars are well served by the Ayer Rajah Expressway and the West Coast Highway.

With a land area of 25,500ha, the West Region is the largest of the five regions in Singapore. Jurong East is the regional centre of the region, while Jurong West is the most populous town in the region. A large number of Singapore's heavy industry companies are concentrated in the West Region. These are mainly petrochemical companies, comprising of international players such as BP, ExxonMobil, DuPont, Mitsui Chemicals and Shell. The West Region is also at the forefront of the government's industrial development efforts. The government plans to develop the Jurong Lake District and Jurong Innovation District into the second Central Business District (CBD) area in Singapore. Additionally, the Tuas Mega Port, upon completion in the 2040s, is anticipated to be the world's single largest container port with an annual capacity of 65 million TEUs.
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Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
No Data

Sales Transaction of THE VERANDAH RESIDENCES (Limited to 10)

There are 0 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Date
Address
Price(S$ psf)
Price (S$)
Property Type
Tenure
Type of Sale
Area(sqft)
Type of Area
Purchaser Address
Source
No Data

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No Data
Rental Transactions of THE VERANDAH RESIDENCES
There are 0 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source
No data

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
400 to 500
3,183
6
-
-
-
500 to 600
3,075
2
-
-
-
600 to 700
3,550
12
1,380,000
1
3.1
900 to 1000
4,200
2
1,950,000
2
2.6
1000 to 1100
4,500
1
-
-
-
1200 to 1300
5,325
2
-
-
-
Historical Quarterly Rental
Note: 25% of the tenant population paid below Rental 25th, 50% paid below the Median Rental and 75% paid below Rental 75th. Data are only available if there are more than 10 contracts signed in any quarter.

Graph Data

Table Data

PeriodRental 25th (S$ psf pm)Median Rental (S$ psf pm)Rental 75th (S$ psf pm)Contacts Signed
No Data
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Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
Sold On SEP 2021
Flynn Park (Enbloc)
Site Use
Residential
Tenure
fh
Plot Ratio
1.4
Site Area (sqm)
19,365
Site GFA (sqm)
26,151
Highest Bid ($M)
371.0
Highest Bid ($PSF)
1318
Number of BIDS
-
Land ($M)
371
Construction ($M)
92.9
Land Financing ($M)
32.5
Profesional / Legal / Taxes ($M)
55.7
Marketing / Others ($M)
33.1
Estimated Total Cost ($M)
585.14
Estimated Breakeven ($psf ppr)
2,079
Sold On JAN 2022
Gloria Mansions (Enbloc)
Site Use
Residential
Tenure
fh
Plot Ratio
1.4
Site Area (sqm)
4,250
Site GFA (sqm)
5,949
Highest Bid ($M)
70.3
Highest Bid ($PSF)
1097.77
Number of BIDS
-
Land ($M)
70.3
Construction ($M)
21.1
Land Financing ($M)
6.2
Profesional / Legal / Taxes ($M)
11
Marketing / Others ($M)
6.5
Estimated Total Cost ($M)
115.07
Estimated Breakeven ($psf ppr)
1,797

Listings

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thumb-images
6
$3,950,000
  • 33% Rental Volume

  • 4 beds
  • 4 baths
  • Cluster House
  • D5
  • 2021
  • S$ 1,820 psf
  • 2,170 sqft
  • Pasir Panjang Road
Eugene Wee
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Property News

The Verandah Residences stands out in black and white

Property News

[EdgeProp Singapore Excellence Awards 2019] Driving Excellence

Property News

Oxley Holdings: Winning with design intent

Property News

Oxley Holdings and CDL clinch major wins at EdgeProp Singapore Excellence Awards 2019

Property News

Close to 200 new homes sold in Pasir Panjang in April

FAQs about THE VERANDAH RESIDENCES

What is the nearest MRT Station to THE VERANDAH RESIDENCES ?
The nearest MRT Station from THE VERANDAH RESIDENCES is Haw Par Villa CC25 MRT

Similiar properties

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