FreeholdRCRDistrict 12 (Novena)

The Verve

Reviewed by Nathan TangUpdated 24 September 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 38 units for sale from S$748k to S$1.35M.

Key facts about The Verve
TenureFreehold
TOP year2012
DeveloperASCEND LAND PTE LTD
Units106
District and areaDistrict 12 · Novena · RCR
Nearest MRTToa Payoh MRT, 551 m (~9 min walk)
Latest median psfS$1,447 psf, last 12 URA caveats to Feb 2026
1

What's for sale and for rent at The Verve?

Key Takeaway

The Verve has 38 units listed for sale, asking S$748k to S$1.35M, and 11 units for rent at a median of S$3,800 a month.

For sale

38 listings

S$748k – S$1.35M

For rent

11 listings

S$3,100 – S$3,800 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom33S$748k–S$988k
2-bedroom5S$1.25M–S$1.35M

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

2

What are the floor plans and unit sizes at The Verve?

Key Takeaway

Floor plans for The Verve aren't in PropKaki's library yet. Across 232 URA caveats, units range from 441 sqft to 1,485 sqft, and the middle half are 441 sqft to 797 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom441 sqft to 624 sqftS$748k
2-bedroom818 sqft to 829 sqftS$1.25M

Check the Floor Plan Finder for The Verve →

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

3

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$2,567

658 rentals on record

Gross rental yield

3.6%

indicative, gross

Source: URA caveat data, through Feb 2026.

4

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 658 rentals on record since Apr 2008. Source: URA.

5

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.

6

Is The Verve a good investment?

Key Takeaway

Of 126 units at The Verve that were bought and later resold (bought from 2008, resold up to 2026), 89% sold for more than they were bought for, with a median gain of 18% over a median 4.8-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.6%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

89%

of 126 resales here

Median gain

18%

gross, before costs

Median hold

4.8 years

bought to resold

Every unit at The Verve 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 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

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.

9

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
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

Read how to tell if a condo is profitable →

12

How many property agents are active around The Verve?

Key Takeaway

6,318 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

6,318

District 12 · closed ≥1 deal

Deals on record

24,291

all-time · all property types

Source: CEA public transaction records, attributed to District 12 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 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…
13

Frequently asked questions about The Verve

Is The Verve freehold?

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

How old is The Verve?

The Verve was completed (obtained TOP) in 2012, so it is about 14 years old.

Is The Verve a good investment?

Of 126 units at The Verve that were bought and later resold (bought from 2008, resold up to 2026), 89% sold for more than they were bought for, with a median gain of 18% over a median 4.8-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.6%. Past resale results don't predict future returns, and this is not financial advice.

Is The Verve an EC?

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

Who is the developer of The Verve?

The Verve was developed by ASCEND LAND PTE LTD.

What is the price of a condo at The Verve?

Units at The Verve have recently sold for around S$865k (S$1,447 psf), the median of the last 12 URA caveats to Feb 2026. The price depends on size, floor and facing. 38 units are listed for sale from S$748k to S$1.35M.

Where is The Verve located?

The Verve is at 23 Jalan Rajah, Singapore 329138, in Novena (District 12). The nearest MRT station is Toa Payoh MRT, about 551 m away.

How many units are there in The Verve?

The Verve has 106 units.

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.

Are prices at The Verve going up?

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

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 get priority in Primary 1 (P1) registration.