Rent vs D12 -18.9%
Rents below district median
The Verve's latest 12-month median rent is $3,000 compared with the D12 median of $3,700 for the same period. Use this district check before narrowing by bedroom and area band.
The Verve rent and sale price
D12 / Balestier, Toa Payoh, Serangoon
Address 23 Jalan Rajah the Verve Singapore 329138
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Quick summary about The Verve
The Verve is a freehold apartment in D12 / Balestier, Toa Payoh, Serangoon. The page currently tracks 252 rentals and 34 sales.
- Latest 12M median rent is $3,000 per month from 52 rentals. The bedroom and floor-area tables below show the full loaded history.
- Latest 12M median sale price is $799,000, with median sale PSF at $1,528 psf from 2 sales.
- Rent is up 3.4% over the last 3 months. Sale PSF is up 10.5% over the last 3 months.
The Verve Market Brief
Compare the project with D12 across rent, sale PSF, tenure and transaction activity.
Compared with D12
Sale PSF vs D12 -15.7%
Sale PSF below district median
The Verve's latest 12-month median sale PSF is $1,528 psf versus the D12 median of $1,813 psf for the same period. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 4.51%
Rent support above district screen
Gross yield is roughly 4.51% versus a D12 screen of 2.54%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 23.3% spread
Rent has some movement
Recent rents moved enough that bedroom count, area band and latest contracts matter.
Market activity -16.7%
Activity is steady
Recent transaction volume is close to the prior 6-month view.
Tenure lens Freehold
Freehold comparison needed
Freehold matters most on sale price. Compare The Verve against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Before you decide
Latest 12M median rent $3,000
Is the asking rent fair?
$2,850 to $3,150 is the first fair-rent band to check. Above $3,150 should have a visible reason.
Latest 12M median sale PSF $1,528 psf
Is the purchase price fair?
$780,000 to $820,000 and $1,480 to $1,570 psf are the first sale checks before adjusting for floor, size, view and condition.
1 bed rent $2,825
Are similar units renting for more?
1 bed and 400 to 500 sqft give the closest unit-size checks.
Rent stability 23.3% spread
Is rent stable here?
Rent has some movement. Recent rents moved enough that bedroom count, area band and latest contracts matter.
Transaction volume -16.7%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
The Verve Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Apartment, Non-Landed Properties
Sales 34 resale transactions
Total sold value $31.7M
The Verve Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 252 Jun 2021 to Jun 2026
Sale transactions 34 Jun 2021 to Feb 2026
Rent trend 3.4% Last 3 months
Sale PSF trend 10.5% Last 3 months
The Verve Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
TOA PAYOH MRT STATION (NS19) 0.55 km away
NOVENA MRT STATION (NS20) 0.94 km away
CALDECOTT MRT STATION (TE9) 1.38 km away
Schools nearby
SAINT JOSEPH'S INSTITUTION INTERNATIONAL ELEMENTARY SCHOOL 1.03 km away
BENDEMEER SECONDARY SCHOOL 1.47 km away
FIRST TOA PAYOH PRIMARY SCHOOL 1.62 km away
BEATTY SECONDARY SCHOOL 1.63 km away
Amenities
BENDEMEER SHOPPING MALL Mall / retail · 1.91 km away
WHAMPOA PARK CONNECTOR Park / green link · 0.63 km away
HAWKER CENTRE (BLK 75 TOA PAYOH LORONG 5) Food centre · 1.07 km away
The Verve Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,000 81 rentals in view
Latest median sale PSF $1,609 psf 5 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jun 2026 3 $3,000 0 - -
May 2026 3 $3,400 0 - -
Apr 2026 4 $3,000 0 - -
Mar 2026 8 $2,750 0 - -
Feb 2026 3 $2,900 1 $1,609 psf $710,000
Jan 2026 3 $3,100 0 - -
Dec 2025 2 $2,700 1 $1,447 psf $888,000
Nov 2025 2 $2,900 0 - -
Oct 2025 6 $2,900 0 - -
Sept 2025 8 $3,000 0 - -
Aug 2025 4 $3,050 1 $1,722 psf $760,000
Jul 2025 6 $3,150 0 - -
Projects Similar to The Verve
Same district, ranked by similar rent, sale PSF and transaction depth.
Freehold Cradels 0.7 km away 339 transactions
- Median rent
- $2,900
- Median sale PSF
- $1,665 psf
- Median rent
- $2,900
- Median sale PSF
- $1,613 psf
- Median rent
- $2,965
- Median sale PSF
- $1,494 psf
- Median rent
- $2,805
- Median sale PSF
- $1,354 psf
- Median rent
- $3,000
- Median sale PSF
- $1,538 psf
- Median rent
- $2,800
- Median sale PSF
- $1,465 psf
The Verve Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $2,825 $2,790 188
2 bed $3,600 $3,619 64
The Verve Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
400 to 500 sqft $2,775 $2,695 98
600 to 700 sqft $3,000 $2,858 84
700 to 800 sqft $3,400 $3,414 33
800 to 900 sqft $3,750 $3,713 26
1,000 to 1,100 sqft $3,500 $3,440 5
1,300 to 1,400 sqft $4,200 $4,250 6
The Verve Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $817,500 $1,452 psf 10
06 to 10 $865,000 $1,369 psf 9
11 to 15 $850,000 $1,345 psf 11
16 to 20 $1,195,000 $1,332 psf 4
The Verve Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
The Verve shows a latest 12-month median monthly rent of $3,000 across 52 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Latest 12M median rent $3,000
Rentals in period 52
Rent signal Strong
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Latest 12M sales at The Verve show a median price of $799,000 and $1,528 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Latest 12M median sale $799,000
Latest 12M median PSF $1,528 psf
Sale signal Strong
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- Freehold should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. The Verve has 34 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $31.7M
Latest record Jun 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
Run The Verve numbers
Start with the project benchmarks, then adjust the calculator assumptions for the unit you are considering.
Rental yield $3,000/mo Test gross and net yield against typical rent. Buy vs rent $799.0K Compare ownership cost against renting. Mortgage $799.0K Estimate monthly payment from the sale price. Stamp duty $1,528 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
District context
Use D12 to compare The Verve against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
The Verve FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at The Verve?
The Verve has a latest 12-month median monthly rent of $3,000 across 52 rentals in that period.
What is the typical sale price at The Verve?
The latest 12-month median sale price for The Verve is $799,000, based on 2 sales in that period.
What is the median sale PSF at The Verve?
The latest 12-month median sale price per square foot for The Verve is $1,528 psf. The average for the same period is $1,528 psf.
Is The Verve freehold or leasehold?
The Verve is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is The Verve located?
The Verve is located at 23 Jalan Rajah the Verve Singapore 329138 in D12 / Balestier, Toa Payoh, Serangoon.
How current is the The Verve transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.