District 23 · Choa Chu Kang · OCR
Villa Verde
Verde View · Terrace · 99 yrs lease commencing from 1997
Current PSF
$1,393
-7.8% vs district median
Gross yield
2.5%
median rent $6,500/mo
3-year gain
10.6%
Transactions · 5y
94
16 in last 12 months
Nearest MRT
Yew Tee Mrt Station · 827.841m
NSL
Future MRT
Choa Chu Kang West Mrt Station
JRL · 2028
Vs local HDB
-
Area income
$9,500/mo median
residential zone
En-bloc potential37 / 100
29 years old · composite of plot use, age, tenure, value gap & size
Lease decay70 years left
worth 86.0%of freehold today (Bala’s Table) · loses ~6.0pts of freehold value over the next decade
Tenanted
100%
units with active leases
Rent momentum
-
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
12%
PSF dispersion within project
The neighbourhood
P1 ring
Kranji Primary School 518m · Yew Tee Primary School 631m · Phase 2C 0.5× · Teck Whye Primary School 844m · Phase 2C 0.2× · Shg Student Care (Teck Whye Primary School) 844m - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Regent Secondary School · 248m
Food
Yew Tee Hawker Centre · 904m
Green
Villa Verde Pk · 229m - 2 parks within 1km
Mall
Limbang Shopping Centre · 918m
Health
Choa Chu Kang Polyclinic (polyclinic) · 965m
Who lives in Choa Chu Kang
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
192,070
Median age
38 yrs
52% under 40 · getting older
Children 0–9
18,270
▲ 11% since 2015 · future P1 demand
Household size
3.5 avg
Homes
86% HDB
12% condo · 1% landed
Degree holders
28%
residents 15+
Commute
58% transit
20% drive
45 min+ to work
41%
Price trend average PSF by year
2021
$1,006
2022
$1,202
+19.5%
2023
$1,246
+3.7%
2024
$1,287
+3.3%
2025
$1,416
+10%
2026
$1,378
-2.7%
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jul 2026 | $2,338,000 | 1,615 | $1,448 | - |
| Jun 2026 | $2,520,888 | 1,616 | $1,560 | - |
| May 2026 | $2,620,000 | 2,153 | $1,217 | - |
| Apr 2026 | $2,450,000 | 1,615 | $1,517 | - |
| Feb 2026 | $2,800,000 | 2,661 | $1,052 | - |
| Feb 2026 | $2,350,000 | 1,615 | $1,455 | - |
| Jan 2026 | $2,250,000 | 1,615 | $1,394 | - |
| Dec 2025 | $2,650,000 | 2,153 | $1,231 | - |
| Dec 2025 | $2,598,888 | 2,153 | $1,207 | - |
| Dec 2025 | $2,480,000 | 1,779 | $1,394 | - |
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More in District 23
The HDB blocks next door
The entry point, measured: what the resale flats around Villa Verde actually sell for - this project trades at 2.6× the nearest block’s PSF.