FreeholdRCRDistrict 5 (Queenstown)

The Verandah Residences

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2025 (URA)
Quick Summary

The Verandah Residences is a freehold apartment in District 5 (Queenstown) that obtained TOP in 2021, with 167 units. Across 200 transactions on record, units have recently transacted around S$1.50M (S$2,031 psf, ~689 sqft). There are 11 units for sale from S$938k to S$3.95M.

1

What are the key facts about The Verandah Residences?

Key Takeaway

The Verandah Residences is a freehold apartment in District 5 (Queenstown) that obtained TOP in 2021, with 167 units.

Tenure
Freehold
TOP / Completion
2021
Developer
OXLEY AMBER PTE LTD
Total units
167
Blocks
District / Area
District 5 (Queenstown)
Market segment
RCR
Median PSF
S$2,031 psf
Last transacted
Dec 2025
Remaining lease
Freehold
2

What is the price and PSF at The Verandah Residences?

Key Takeaway

Units have recently transacted around S$1.50M (S$2,031 psf) (URA caveat data).

Recent median price

S$1.50M

recent · 200 sales on record

Median PSF

S$2,031 psf

recent transactions

Median rent (monthly)

0 rentals on record

Gross rental yield

indicative, gross

Source: URA caveat data, through Dec 2025.

3

What has recently sold at The Verandah Residences?

Key Takeaway

The Verandah Residences has 200 recorded sales; the most recent transacted at S$1,500,000 in Dec 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Dec 2025S$1,500,000689S$2,177 psf
Dec 2025S$2,050,0001,001S$2,048 psf
Oct 2025S$1,930,000904S$2,135 psf
Aug 2025S$2,500,0001,249S$2,002 psf
Aug 2025S$1,930,000990S$1,949 psf
Jul 2025S$940,000463S$2,031 psf
Jun 2025S$1,150,000603S$1,908 psf
Apr 2025S$2,570,0001,249S$2,058 psf
Mar 2025S$1,100,000527S$2,086 psf
Mar 2025S$983,800484S$2,031 psf
Dec 2024S$1,870,000936S$1,997 psf
Dec 2024S$961,800463S$2,078 psf

200 sales and 0 rentals on record since Apr 2018. Source: URA.

4

Are prices at The Verandah Residences rising?

Key Takeaway

The median transacted PSF at The Verandah Residences has risen 10% over the past 7 years (20182025), from S$1,839 psf to S$2,031 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2025S$2,031 psfS$1.50M10+1.7%
2024S$1,997 psfS$1.87M7+0.3%
2023S$1,991 psfS$1.33M9+1.1%
2022S$1,969 psfS$1.38M3+7.1%
2018S$1,839 psfS$1.31M169

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

5

How many property agents are active around The Verandah Residences?

Key Takeaway

8,572 CEA-registered agents closed at least one recorded deal in District 5 — where The Verandah Residences sits — in the last 12 months, across all property types.

Active agents · 12mo

8,572

District 5 · closed ≥1 deal

Deals on record

46,728

all-time · all property types

Source: CEA public transaction records, attributed to District 5across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

What bedroom types are available at The Verandah Residences?

Key Takeaway

The Verandah Residences has 11 units listed for sale, spanning 1–4-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom6S$938k–S$1.26M
2-bedroom3S$1.50M–S$2.00M
4-bedroom2S$3.95M–S$3.95M
7

Where is The Verandah Residences and what's nearby?

Key Takeaway

The Verandah Residences is located in Queenstown, in the Central Region of Singapore.

The Verandah Residences is a freehold apartment completed in 2021. It was developed by OXLEY AMBER PTE LTD. The development has 167 residential units. It sits on a land area of 8,326 sqm and has a gross floor area of 11,656 sqm. The plot ratio is 1.4.

THE VERANDAH RESIDENCES is located at 231 Pasir Panjang Road, Singapore 117341. It is part of District 05, Pasir Panjang / Hong Leong Garden / Clementi New Town, Queenstown. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Haw Par Villa MRT, approximately 449m away, around 7 minutes on foot. Nearby amenities include Pasir Panjang Food Centre for food options and Pasir Panjang Park for greenery and recreation. Facilities in the development include Barbeque Area, Children's Playground, Existing Bus Stop, Fun pool, Function room, and Gymnasium room.

8

Who built The Verandah Residences and how big is the development?

Key Takeaway

The Verandah Residences was developed by OXLEY AMBER PTE LTD, with 167 units.

Developer
OXLEY AMBER PTE LTD
Land area
8,326 sqm (89,620 sqft)
Gross floor area
11,656 sqm (125,464 sqft)
Plot ratio
1.40
9

How far is The Verandah Residences from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Verandah Residences is Haw Par Villa MRT, about 449 m away (~7 min walk).

Getting around

Shops, food & parks

Hawker centre: Pasir Panjang Food Centre · 869 mPark: Pasir Panjang Park · 121 m

Straight-line distances from the development. Source: PropKaki amenities data.

10

What facilities does The Verandah Residences have?

Key Takeaway

The Verandah Residences has 13 facilities, including Barbeque Area, Children's Playground, Existing Bus Stop, Fun pool, and more.

Barbeque AreaChildren's PlaygroundExisting Bus StopFun poolFunction roomGymnasium roomJacuzziMain entrancePavillionPlayground24 hours securitySky LoungeSwimming pool
11

What does it cost to own a unit at The Verandah Residences?

Key Takeaway

Buying a unit at The Verandah Residences (~S$1.50M) needs about S$10,980/mo in income and S$5,052/mo in repayments, after S$44,600 stamp duty and a S$375k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.50M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$44,600

BSD, tiered

Downpayment (25%)

S$375k

cash + CPF

Monthly instalment

S$5,052/mo

30y @ 3.5%

Income required

S$10,980/mo

TDSR @ stress rate

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

Keep going in the PropKaki app

Thinking about The Verandah Residences? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from The Verandah Residences's own transactions.

PropKaki
Is The Verandah Residences a good buy, and what are units selling for?

Recent units at The Verandah Residences sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
12

Frequently asked questions about The Verandah Residences

How much does a unit at The Verandah Residences cost?

Units at The Verandah Residences have recently transacted around S$1.50M (S$2,031 psf), from 200 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at The Verandah Residences?

For a unit around S$1.50M as a first home, you'd need roughly S$10,980/mo in income (assessed at the stress-test rate), with repayments near S$5,052/mo after a S$375k (25%) downpayment and S$44,600 Buyer's Stamp Duty.

Are prices at The Verandah Residences going up?

The median transacted PSF at The Verandah Residences has risen about 10% between 2018 and 2025, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is The Verandah Residences freehold or leasehold?

The Verandah Residences is freehold — ownership does not expire.

When was The Verandah Residences built and who developed it?

The Verandah Residences obtained TOP in 2021, developed by OXLEY AMBER PTE LTD, with 167 units.

How many units are for sale at The Verandah Residences?

There are 11 units for sale at The Verandah Residences, from S$938k to S$3.95M.

What is the nearest MRT to The Verandah Residences?

The nearest MRT/LRT station to The Verandah Residences is Haw Par Villa MRT, about 449 m away (~7 min walk).

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