The Verv @ Rv

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

Sale Price *

Average
S$ 1,948 psf
Range
S$ 1,948 - 1,948 psf

Rental Price **

Average
S$ 4.9 psf pm
Range
S$ 4.0 - 5.4 psf pm

Rental Yield **

3.0%

Rental income expressed as a percentage of the property's value.

Amenities

3.5
3.5

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
Description
The Verv @ Rv is a freehold apartment completed in 2011. It is developed by HERITAGE @ RIVER VALLEY PTE LTD and designed by ONG & ONG PTE LTD. The development occupies a land area of 957 sqm and a Gross Floor Area of 2,680 sqm. It consists of 26 units. According to records, buyers of this development are Singaporean 54.5%, PR 27.3%, Foreigner 18.2%, Company 0.0%.

THE VERV @ RV is located along River Valley Road in River Valley, in District 9. It is accessible through the nearest MRTs including Great World TE15 and Somerset NS23.

Based on transaction data in the last 12 months, sale prices range from S$ 1,948 psf to S$ 1,948 psf at an average of S$ 1,948 psf. Its highest recorded transaction was S$ 2,374 psf in Aug 2012 for a 1,001-sqft unit. Its lowest recorded transaction was S$ 1,626 psf in Oct 2015 for a 1,130-sqft unit. Its current rental yield is at 3.0%. Other nearby amenities include: 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Shopping Mall(s): GREAT WORLD CITY, *SCAPE, CATHAY CINELEISURE ORCHARD.

Buyers and tenants are attracted to District 9, which includes Orchard Road, River Valley and Cairnhill. This district is part of Singapore’s Central Business District and has become a must-visit spot for Singapore tourists. Spanning almost 2.2km, Orchard Road represents one of Singapore’s best retail, dining and entertainment boulevards, catering to any taste or budget and ranging from luxury brands to high street fashion. District 9 has a huge selection of exclusive cosmopolitan bistros and on the other end of the scale, a number of popular international fast food restaurants. Fronting Orchard Road, ION Orchard Mall is home to designer brands, as well as Sephora’s largest store in the area. Another major shopping mall in this district is Great World, which caters to locals, with a Cold Storage supermarket, Best Denki electrical store, and Golden Village Cinema. Cairnhill is home to the first freehold Ritz-Carlton property in Asia - the Ritz-Carlton Residence. This property sets a new standard of luxury living in Singapore as these homes feature magnificent finishings, excellent facilities and exemplary services from the legendary The Ritz-Carlton.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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5
"Good location to GW and OR. Just had a new coat of paint with refreshed amenities"
I** T**
Google Review     |   27 Jun 2021
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

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Floor Plans
348
3
1

THE VERV @ RV - 348 - 3 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of THE VERV @ RV (Limited to 10)

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Purchaser Address
Source

Asking Price of THE VERV @ RV

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

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
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0 asking price for sale selected

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 VERV @ RV

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

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 (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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10
$2,200,000

    • 2 beds
    • 2 baths
    • Condominium
    • D9
    • 2011
    • Freehold
    • S$ 2,200 psf
    • River Valley Road
    Shawn Teo
    send_enquiry

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    FAQs about THE VERV @ RV

    What is the nearest MRT Station to THE VERV @ RV ?
    The nearest MRT Station from THE VERV @ RV is Great World TE15 MRT

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