40 Verde Avenue

Terrace House · in Choa Chu Kang, District 23, Singapore · 99 yrs from 22/03/1997 · Completed 2000

Data through 1 April 2026

Intro: 40 Verde Avenue is a terrace house located along Verde Avenue within District 23 with a 99-year lease commencing on 22 March 1997. It was completed in 2000. So far it has been transacted a total of 5 times, amounting to $6.4M+ in total.

D23OCRWestChoa Chu Kang

40 Verde Avenue project details

Street

Verde Avenue

Property Type

Terrace

Completion

2000

Total Units

-1

Unit Size

1,615 sqft

Tenure

99 yrs from 22/03/1997

Lease Remaining

70 yrs

Postal Sector

MRT and LRT stations near 40 Verde Avenue

Yew Tee797 m MRTNS5
Yee Tee797 m MRTMRT
Choa Chu Kang964 m MRTMRT

See details on nearby stations

Primary schools near 40 Verde Avenue

Yew Tee Primary School659 m
Teck Whye Primary School840 m
De La Salle School1,000 m

See details on nearby schools

40 Verde Avenue price, PSF and transaction trends

20%

HDB Buyers

$6.4M+

Total Transacted

28-04-1998

First Transacted

06-03-2023

Last Transacted

Total Transactions

40 Verde Avenue transaction volume

New SaleSub SaleResale

Among the latest 5 recorded sales for 40 Verde Avenue, the median price was S$950,000 and the median PSF was S$588 psf. The newest record shown is from 6 March 2023. The annual project median was 164.3% higher in 2023 than in 1998; unit mix can affect year-to-year comparisons.

Recent 40 Verde Avenue transactions

Date	Sale type	Price	PSF	Size
6 March 2023	Resale	S$2,250,000	S$1,394 psf	1,615 sqft
4 October 2011	Resale	S$1,500,000	S$929 psf	1,615 sqft
31 May 2008	Resale	S$950,000	S$588 psf	1,615 sqft
17 December 1998	Sub Sale	S$832,000	S$515 psf	1,615 sqft
28 April 1998	New Sale	S$871,200	S$540 psf	1,615 sqft

40 Verde Avenue median transaction PSF (S$)

40 Verde Avenue annual price trend

Year	Median price	Median PSF	Recorded sales
2023	S$2,250,000	S$1,394 psf	1
2011	S$1,500,000	S$929 psf	1
2008	S$950,000	S$588 psf	1
1998	S$851,600	S$528 psf	2

75.0%

% Profitable

Profitable

Unprofitable

> 6% Annualized

6.2 yrs

Avg Holding

$1.4M

Total Profits

40 Verde Avenue annualized profit %

View full details

40 Verde Avenue rental prices and estimated yield

Past 1 month

$2.93

Avg PSF Rental

No. of Rentals

Among the latest 12 recorded rental contracts for 40 Verde Avenue, the median monthly rent was S$6,150, with records ranging from S$5,000 to S$7,050.

Recent 40 Verde Avenue rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 April 2026	—	S$7,000	S$3 psf	2000-2500
1 February 2026	—	S$6,200	S$3 psf	2000-2500
1 December 2025	—	S$6,500	S$3 psf	2000-2500
1 April 2025	—	S$5,588	S$2 psf	2000-2500
1 April 2025	—	S$6,100	S$3 psf	2000-2500

40 Verde Avenue rental volume

View full details

Frequently asked questions about 40 Verde Avenue

How much do units at 40 Verde Avenue cost?

The latest 5 recorded sales show a median price of S$950,000 and a median of S$588 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at 40 Verde Avenue?

The latest recorded median monthly rent is S$6,150. Rental yield is indicative and can vary by unit and costs.

Is 40 Verde Avenue freehold or leasehold?

40 Verde Avenue has a tenure of 99 yrs from 22/03/1997.

When was 40 Verde Avenue completed?

40 Verde Avenue was completed in 2000.

Which MRT or LRT station is nearest to 40 Verde Avenue?

Yew Tee is the nearest station shown, at an estimated straight-line distance of 797 metres.

Which primary schools are near 40 Verde Avenue?

The primary schools shown within the page’s one-kilometre search are Yew Tee Primary School (659 m), Teck Whye Primary School (840 m), and De La Salle School (1,000 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 1 April 2026. Figures are indicative and do not constitute financial advice.