FreeholdRCRDistrict 5 (Queenstown)

The Verandah Residences

Reviewed by Nathan TangUpdated 24 September 2026Data through Aug 2026 (URA)
Quick Summary

The Verandah Residences is a freehold apartment in District 5 (Queenstown) that obtained TOP in 2021, with 167 units. Across 202 transactions on record, units have recently transacted around S$1.93M (S$2,031 psf, ~904 sqft). There are 22 units for sale from S$930k to S$3.95M.

Key facts about The Verandah Residences
TenureFreehold
TOP year2021
DeveloperOXLEY AMBER PTE LTD
Units167
District and areaDistrict 5 · Queenstown · RCR
Nearest MRTHaw Par Villa MRT, 449 m (~7 min walk)
Latest median psfS$2,031 psf, last 12 URA caveats to Aug 2026
1

What's for sale and for rent at The Verandah Residences?

Key Takeaway

The Verandah Residences has 22 units listed for sale, asking S$930k to S$3.95M, and 11 units for rent at a median of S$4,000 a month.

For sale

22 listings

S$930k – S$3.95M

For rent

11 listings

S$3,500 – S$7,800 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom12S$930k–S$1.26M
2-bedroom6S$1.46M–S$2.00M
3-bedroom1S$2.15M–S$2.15M
4-bedroom3S$3.95M–S$3.95M

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at The Verandah Residences?

Key Takeaway

Floor plans for The Verandah Residences aren't in PropKaki's library yet. Across 202 URA caveats, units range from 463 sqft to 2,174 sqft, and the middle half are 527 sqft to 1,033 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom463 sqft to 646 sqftS$930k
2-bedroom689 sqft to 818 sqftS$1.46M
3-bedroom936 sqftS$2.15M
4-bedroom2,174 sqftS$3.95M

Check the Floor Plan Finder for The Verandah Residences →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at The Verandah Residences?

Key Takeaway

Units have recently transacted around S$1.93M (S$2,031 psf) (URA caveat data).

Recent median price

S$1.93M

recent · 202 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 Aug 2026.

4

What has recently sold at The Verandah Residences?

Key Takeaway

The Verandah Residences has 202 recorded sales; the most recent transacted at S$3,700,000 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$3,700,0002,174S$1,702 psf
Jul 2026S$2,088,0001,163S$1,796 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

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

5

Are prices at The Verandah Residences rising?

Key Takeaway

The median transacted PSF at The Verandah Residences has fallen 7% over the past 8 years (20182026), from S$1,839 psf to S$1,702 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,702 psfS$2.09M2-16.2%
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.

6

Is The Verandah Residences a good investment?

Key Takeaway

Of 32 units at The Verandah Residences that were bought and later resold (bought from 2018, resold up to 2026), 100% sold for more than they were bought for, with a median gain of 9% over a median 6.4-year hold (URA caveats, before stamp duty, agent fees and interest). Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

100%

of 32 resales here

Median gain

9%

gross, before costs

Median hold

6.4 years

bought to resold

Every unit at The Verandah Residences with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

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

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.

9

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
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$1.93M) needs about S$14,128/mo in income and S$6,500/mo in repayments, after S$66,100 stamp duty and a S$483k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.93M) 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$66,100

BSD, tiered

Downpayment (25%)

S$483k

cash + CPF

Monthly instalment

S$6,500/mo

30y @ 3.5%

Income required

S$14,128/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around The Verandah Residences?

Key Takeaway

8,573 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

8,573

District 5 · closed ≥1 deal

Deals on record

46,751

all-time · all property types

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

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…
13

Frequently asked questions about The Verandah Residences

Is The Verandah Residences freehold?

Yes. The Verandah Residences is freehold, so ownership does not run out.

How old is The Verandah Residences?

The Verandah Residences was completed (obtained TOP) in 2021, so it is about 5 years old.

Is The Verandah Residences a good investment?

Of 32 units at The Verandah Residences that were bought and later resold (bought from 2018, resold up to 2026), 100% sold for more than they were bought for, with a median gain of 9% over a median 6.4-year hold (URA caveats, before stamp duty, agent fees and interest). Past resale results don't predict future returns, and this is not financial advice.

Is The Verandah Residences an EC?

No. The Verandah Residences is a private apartment development, not an executive condominium (EC).

Who is the developer of The Verandah Residences?

The Verandah Residences was developed by OXLEY AMBER PTE LTD.

What is the price of a condo at The Verandah Residences?

Units at The Verandah Residences have recently sold for around S$1.93M (S$2,031 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 22 units are listed for sale from S$930k to S$3.95M.

Where is The Verandah Residences located?

The Verandah Residences is at 231 Pasir Panjang Road, Singapore 117341, in Queenstown (District 5). The nearest MRT station is Haw Par Villa MRT, about 449 m away.

How many units are there in The Verandah Residences?

The Verandah Residences has 167 units.

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

For a unit around S$1.93M as a first home, you'd need roughly S$14,128/mo in income (assessed at the stress-test rate), with repayments near S$6,500/mo after a S$483k (25%) downpayment and S$66,100 Buyer's Stamp Duty.

Are prices at The Verandah Residences going up?

The median price per square foot at The Verandah Residences has fallen about 7% between 2018 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.