FreeholdRCRDistrict 12 (Novena)

The Verve

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

The Verve is a freehold apartment in District 12 (Novena) that obtained TOP in 2012, with 106 units. Across 232 transactions on record, units have recently transacted around S$865k (S$1,447 psf, ~614 sqft). There are 27 units for sale from S$730k to S$1.78M.

1

What are the key facts about The Verve?

Key Takeaway

The Verve is a freehold apartment in District 12 (Novena) that obtained TOP in 2012, with 106 units.

Tenure
Freehold
TOP / Completion
2012
Developer
ASCEND LAND PTE LTD
Total units
106
Blocks
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$1,447 psf
Last transacted
Feb 2026
Remaining lease
Freehold
2

What is the price and PSF at The Verve?

Key Takeaway

Units have recently transacted around S$865k (S$1,447 psf), at a gross rental yield of about 3.6% (URA caveat data).

Recent median price

S$865k

recent · 232 sales on record

Median PSF

S$1,447 psf

recent transactions

Median rent (monthly)

S$2,565

650 rentals on record

Gross rental yield

3.6%

indicative, gross

Source: URA caveat data, through Feb 2026.

3

What has recently sold at The Verve?

Key Takeaway

The Verve has 232 recorded sales; the most recent transacted at S$710,000 in Feb 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Feb 2026S$710,000441S$1,609 psf
Dec 2025S$888,000614S$1,447 psf
Aug 2025S$760,000441S$1,722 psf
Jun 2025S$1,290,000818S$1,577 psf
Mar 2025S$1,260,0001,012S$1,245 psf
Apr 2024S$1,160,000797S$1,456 psf
Mar 2024S$730,000441S$1,654 psf
Mar 2024S$733,000441S$1,661 psf
Mar 2024S$865,000624S$1,386 psf
Nov 2023S$1,090,000818S$1,332 psf
Oct 2023S$1,450,0001,313S$1,104 psf
Sept 2023S$820,000614S$1,336 psf

232 sales and 650 rentals on record since Apr 2008. Source: URA.

4

Are prices at The Verve rising?

Key Takeaway

The median transacted PSF at The Verve has risen 14% over the past 9 years (20162025), from S$1,271 psf to S$1,447 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2025S$1,447 psfS$888k4-0.6%
2024S$1,456 psfS$733k4+9.3%
2023S$1,332 psfS$850k8-1.3%
2022S$1,350 psfS$836k7+0.4%
2021S$1,345 psfS$833k15+4.0%
2020S$1,293 psfS$615k2-9.5%
2019S$1,428 psfS$630k3+14.8%
2018S$1,244 psfS$830k8+19.7%
2017S$1,039 psfS$850k4-18.3%
2016S$1,271 psfS$810k7

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 Verve?

Key Takeaway

6,316 CEA-registered agents closed at least one recorded deal in District 12 — where The Verve sits — in the last 12 months, across all property types.

Active agents · 12mo

6,316

District 12 · closed ≥1 deal

Deals on record

24,253

all-time · all property types

Source: CEA public transaction records, attributed to District 12across 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 Verve?

Key Takeaway

The Verve has 27 units listed for sale, spanning 1–2-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom24S$730k–S$950k
2-bedroom3S$1.35M–S$1.78M
7

Where is The Verve and what's nearby?

Key Takeaway

The Verve is located in Novena, in the Central Region of Singapore.

The Verve is a freehold apartment completed in 2012. It was developed by ASCEND LAND PTE LTD. The development has 106 residential units. It sits on a land area of 1,853 sqm and has a gross floor area of 5,189 sqm. The plot ratio is 2.8.

THE VERVE is located at 23 Jalan Rajah, Singapore 329138. It is part of District 12, Balestier / Toa Payoh / Serangoon, Novena. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Toa Payoh MRT, approximately 551m away, around 9 minutes on foot. Nearby amenities include Square 2 for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blks 91/92 Whampoa Drive # for food options, and Toa Payoh Town Pk for greenery and recreation. Facilities in the development include Barbeque Area, Gymnasium room, Jacuzzi, Playground, and Swimming pool.

8

Who built The Verve and how big is the development?

Key Takeaway

The Verve was developed by ASCEND LAND PTE LTD, designed by PLACE ARCHITECTS AND DESIGN, with 106 units.

Developer
ASCEND LAND PTE LTD
Architect
PLACE ARCHITECTS AND DESIGN
Main contractor
ZHEJIANG CONSTRUCTION INVESTMENT (S) PTE LTD
Land area
1,853 sqm (19,946 sqft)
Gross floor area
5,189 sqm (55,854 sqft)
Plot ratio
2.80
9

How far is The Verve from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Verve is Toa Payoh MRT, about 551 m away (~9 min walk). 2 schools are within 1 km, including 1 primary school.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Chij Secondary (Toa Payoh)Secondary schoolwithin 1 km755 m
  • Chij Primary (Toa Payoh)Primary schoolwithin 1 km · P1 priority895 m
  • Kheng Cheng SchoolPrimary school1.1 km
  • St. Joseph's Institution JuniorPrimary school1.1 km
  • Hong Wen SchoolPrimary school1.2 km
  • Northlight SchoolSecondary school1.3 km
  • Pei Chun Public SchoolPrimary school1.4 km
  • Bendemeer Secondary SchoolSecondary school1.5 km

Shops, food & parks

Mall: Square 2 · 896 mSupermarket: NTUC Fairprice Co-operative Ltd · 198 mHawker centre: Blks 91/92 Whampoa Drive # · 813 mPark: Toa Payoh Town Pk · 318 m

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

10

What facilities does The Verve have?

Key Takeaway

The Verve has 5 facilities, including Barbeque Area, Gymnasium room, Jacuzzi, Playground, and more.

Barbeque AreaGymnasium roomJacuzziPlaygroundSwimming pool
11

What does it cost to own a unit at The Verve?

Key Takeaway

Buying a unit at The Verve (~S$865k) needs about S$6,332/mo in income and S$2,913/mo in repayments, after S$20,550 stamp duty and a S$216k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$865k) 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$20,550

BSD, tiered

Downpayment (25%)

S$216k

cash + CPF

Monthly instalment

S$2,913/mo

30y @ 3.5%

Income required

S$6,332/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 Verve? Ask before you commit.

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

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

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

Ask anything about Singapore property…
12

Frequently asked questions about The Verve

How much does a unit at The Verve cost?

Units at The Verve have recently transacted around S$865k (S$1,447 psf), from 232 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 Verve?

For a unit around S$865k as a first home, you'd need roughly S$6,332/mo in income (assessed at the stress-test rate), with repayments near S$2,913/mo after a S$216k (25%) downpayment and S$20,550 Buyer's Stamp Duty.

Is The Verve a good investment?

Gross rental yield is about 3.6%; median PSF has risen about 14% since 2016. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at The Verve going up?

The median transacted PSF at The Verve has risen about 14% between 2016 and 2025, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is The Verve freehold or leasehold?

The Verve is freehold — ownership does not expire.

When was The Verve built and who developed it?

The Verve obtained TOP in 2012, developed by ASCEND LAND PTE LTD, with 106 units.

How many units are for sale at The Verve?

There are 27 units for sale at The Verve, from S$730k to S$1.78M.

What is the nearest MRT to The Verve?

The nearest MRT/LRT station to The Verve is Toa Payoh MRT, about 551 m away (~9 min walk).

Which primary schools are within 1 km of The Verve?

Chij Primary (Toa Payoh) is within 1 km of The Verve — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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