The Verandah Residences
Pasir Panjang Road · D05 · Rest of central region · Apartment, Strata Terrace
The median sale at The Verandah Residences was $1,609,444 — $2,000 psf — across 32 transactions between Dec 2021 and Aug 2026. Freehold.
What it costs per month of lease
The Verandah Residences is freehold, so there is no lease to divide by and no expiry to discount towards. That is the whole of what a buyer is paying the freehold premium for. It runs about a tenth over leasehold on resales in the core central region and in the suburbs, and the city fringe reads the other way. Why that is, and why the national figure is bigger and worse.
New sales, sub-sales and resales
A new sale is bought from the developer at a list price; a resale is negotiated. The gap between them is the clearest read on how much of a launch price is the launch.
| Kind of sale | Median price | Per sq ft | Sales |
|---|---|---|---|
| Sub-sale | $1,355,000 | $1,982 psf | 10 |
| Resale | $1,862,500 | $2,031 psf | 22 |
Year by year
Too few sales in one or both ends of the window to quote a change, so the years are given as they are.
- 2021one sale$1858
- 2022three sales$1969
- 2023nine sales$1991
- 2024seven sales$1997
- 202510 sales$2039
- 2026two sales$1749
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $2,039,888 | $1,858 psf | 1 |
| 2022 | $1,380,000 | $1,969 psf | 3 |
| 2023 | $1,330,000 | $1,991 psf | 9 |
| 2024 | $1,870,000 | $1,997 psf | 7 |
| 2025 | $1,715,000 | $2,039 psf | 10 |
| 2026 | $2,894,000 | $1,749 psf | 2 |
What it rents for
URA’s median of rental contracts lodged at The Verandah Residences in 2026Q3, per square foot per month.
Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.
Other developments in D05
- Hudson Place Residences · $2,483 psf
- Parc Clematis · $2,012 psf
- Normanton Park · $1,892 psf
- Bloomsbury Residences · $2,522 psf
- Terra Hill · $2,665 psf
- Elta · $2,546 psf
- Whistler Grand · $1,871 psf
- Clavon · $2,020 psf
Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.