- The Verandah Residences – Basic Facts
- The Verandah Residences Investment Score
- PrimeKey Analysis’ Investment Score/Grading of The Verandah Residences
- PrimeKey Analysis: The Verandah Residences Scoring Explained
- PrimeKey Analysis Scoring/Grading Framework
- Get Your Full PrimeKey Analysis Report
- New Property Launches
The Verandah Residences – Basic Facts
| Description | Details |
| Project Name | The Verandah Residences |
| Street Name | Pasir Panjang Road |
| Est. Land Size (sqm) | 8,326 |
| Master Plan GFA (sqm) | 11,656 |
| Master Plan Plot Ratio | 1.40 |
| District | 5 |
| District/Planning Area | Queenstown |
| Region | Rest of Central Region (RCR) |
| Tenure | Freehold |
| Number of Units | 167 condos and 3 landed units |
| Completion | 2021 |
The Verandah Residences Investment Score
⬤ Overall Score: 28/40 (70.0%) 3.5 ★
Moderate Risk
PrimeKey Analysis’ Investment Score/Grading of The Verandah Residences
| PrimeKey Analysis Scores for the 8 Core Pillars | |
|
MRT Connectivity
★★★★☆
7 minutes walk to MRT
|
Growth Hotspots
★★★★★
0.1 km to growth hotspot
|
|
GLS / Enbloc Sites Pipeline
★★★★★
Have 5 GLS nearby
|
Project Size
★★☆☆☆
167 units
|
|
Remaining Tenure
★★★★★
Freehold
|
Rental Yield
★★★★★
Avg: 3.7% in RCR
|
|
School Effect
★☆☆☆☆
No nearby schools
|
MOP Cluster
★☆☆☆☆
No BTO clusters nearby
|
PrimeKey Analysis: The Verandah Residences Scoring Explained
PrimeKey Analysis evaluates a property’s investment potential on 8 key pillars, as shown below:
| No. | Criteria | Rating | Analysis |
| 1 | MRT Connectivity | 4★ | The Verandah Residences benefits from strong MRT connectivity as the Haw Par Villa MRT Station (CC25) just a 7-minute walk away.
This walking duration is well within the optimal range for convenience, satisfying market expectations for premium residential developments. Easy access to MRT improves daily commuting, making the project attractive to urban professionals who value time efficiency. |
| 2 | Growth Hotspots | 5★ | Although the development is not located directly within the Pasir Panjang port terminal zone along the Greater Southern Waterfront (GSW), it is only 106m from its boundary.
This close proximity allows it to benefit from the area’s transformation. Being near this major growth corridor, the project will gain from future infrastructure upgrades and new commercial developments, which will underpin property values. Compared to projects located more than 500m away, it has a clear advantage in capturing early upside from government-led development initiatives. |
| 3 | Government Land Sales / Enbloc Sites Pipeline | 5★ | There is also a strong pipeline of developments within a 2km radius. These include Terra Hill (en bloc), The Hillshore (en bloc), Lyndenwoods (site conversion), Hudson Place Residences (GLS – Media Circle), and Bloomsbury Residences (GLS – Media Circle).
This concentration of projects reflects active developer interest that will underpin further growth in the area. This is likely to support both capital appreciation and rental demand over time, while reinforcing the area’s strategic importance in this part of Singapore. |
| 4 | Project Size | 2★ | With only 167 units, The Verandah Residences is considered a small-scale development with more limited unit types.
While a smaller project can provide a sense of exclusivity, it may face lower resale liquidity compared to larger developments that attract a broader group of buyers. |
| 5 | Remaining Tenure | 5★ | The project’s freehold tenure is a key strength. It removes concerns about lease decay and allows for perpetual ownership.
Freehold tenure eliminates concerns about lease expiration and ensures perpetual ownership, enhancing asset value and investor confidence. This feature is particularly attractive for long-term wealth preservation compared to leasehold properties with limited remaining years. |
| 6 | Rental Yield | 5★ | The estimated rental yield of 3.7% in the Rest of Central Region (RCR) is strong and above typical market benchmarks. This reflects healthy demand for well-located and accessible housing.
Investors can expect relatively stable rental income, making the project suitable for income-focused portfolios, particularly in a higher interest rate environment where yield becomes a key differentiator. |
| 7 | School Effect | 1★ | The development has no schools within a 1km or 2km radius, which will significantly reduce its appeal to families with school-going children. Many competing projects in more established residential areas offer access to reputable schools, which gives them an advantage in attracting this segment of buyers. |
| 8 | MOP Cluster | 1★ | There are no nearby HDB or BTO projects expected to reach Minimum Occupation Period (MOP) in the next 10 years, limiting a key source of future demand from upgrading households.
In areas with strong MOP pipelines, property prices tend to show better resilience and stronger growth. The absence of this demand factor may weigh on long-term price appreciation potential. |
PrimeKey Analysis Scoring/Grading Framework
Below is an explanation of what the colour/investment grading refers to. To learn more about how a project is scored, please refer to PrimeKey Analysis.
| Color | Percentage Range | Interpretation |
|
GREEN
|
Above 75% | Investment Grade – Strong fundamentals and investment-grade potential. |
|
YELLOW
|
50.1% – 75% | Moderate Risk – A sound profile with manageable trade-offs. |
|
ORANGE
|
25.1% – 50% | Elevated Risk – Elevated risks that deserve careful consideration. |
|
RED
|
Below 25% | Proceed with Caution – Significant structural weaknesses where the probability of underperformance is high. |
Get Your Full PrimeKey Analysis Report
The PrimeKey Analysis Scores give you a summary of the verdict, but our full 10-page report gives you more in-depth details.
Beyond the scores, the report provides the specific data and context you need to act with confidence – whether you are buying, holding, or planning an exit. This includes an assessment of relevant Government Land Sales, recent new launch sales performance, and what they mean for the project you are considering to invest in.
Property investment decisions involve many factors, so a personalised consultation helps align the analysis with your specific goals and timeline.
To request your complimentary PrimeKey Analysis Report for The Verandah Residences, or any other project you are evaluating, reach out to me. Each report is data-driven, structured, and comes with no obligation.
