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Condo prices · D12

The Verve

Jalan Rajah · D12 · Rest of central region · Apartment

The median sale at The Verve was $843,000 — $1,386 psf — across 30 transactions between Oct 2021 and Oct 2026. Freehold.

Median price
$843,000
30 sales in the window.
Median per sq ft
$1,386 psf
Median unit 614 sq ft.
Lease remaining
Freehold
Freehold

What it costs per month of lease

The Verve 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.

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.

  • 2021four sales$1409
  • 2022seven sales$1350
  • 2023eight sales$1334
  • 2024four sales$1555
  • 2025four sales$1512
  • 2026three sales$1609
Show the figures
YearMedian pricePer sq ftSales
2021$849,000$1,409 psf4
2022$836,000$1,350 psf7
2023$962,500$1,334 psf8
2024$799,000$1,555 psf4
2025$1,074,000$1,512 psf4
2026$710,000$1,609 psf3

What it rents for

URA’s median of rental contracts lodged at The Verve in 2026Q3, per square foot per month.

Median rent per sq ft
$4.81
A month. Middle half of contracts ran $4.37 to $6.15.
Gross yield
4.16%
A year of median rent against the median sale price.
Median sale per sq ft
$1,386 psf
The figure the rent is divided into.

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 D12

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.