VERDURE
UrbanLens Analysis
At $2,036 PSF, VERDURE prices NaN% below the District 10 median. The 11-minute walk to Farrer Road MRT (914m) is workable, though not the kind of proximity that commands a premium on its own.
The 13.4% gain in two years signals steady demand -- solid, not speculative. 5 transactions over two years is modest; the trend is directional, not definitive.
The freehold title is a structural advantage. No lease clock, no financing constraints, and a buyer pool that never narrows with time. Gross yield of 3.4% beats the CCR average of 0.0%. With $8,560/month median rent, income-focused buyers have a real case here.
At 75 units, the development is mid-sized: adequate amenities, manageable maintenance pool, and reasonable resale velocity. In the Core Central region, buyers expect premium finishes and brand cachet -- any shortfall directly impacts resale velocity.
PSF Trend
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