Type

Units

Min Area

Price Range

2 BR

753 sqft

From S$1.7XM

Property Highlights

Strategically positioned 753 sqft 2-bedroom condominium offering modern urban living at S$1,749,999
Located just 1.35 km from NS19 Toa Payoh MRT, providing seamless connectivity to the city centre
Well-proportioned floor plan with two full bathrooms catering to both owner-occupiers and investors
Excellent value proposition in a mature, established residential district with strong fundamentals
Strong accessibility to commercial hubs, educational institutions, and leisure amenities across Singapore

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Ref: 500109250

Verticus: Premium Condominium Living at 3 Jalan Kemaman, Toa Payoh

Verticus represents an exceptional opportunity for discerning property buyers seeking contemporary condominium living in one of Singapore's most established residential precincts. Situated at 3 Jalan Kemaman, this 2-bedroom, 2-bathroom residence commands a price of S$1,749,999 and delivers approximately 753 square feet of thoughtfully designed interior space. The development's prime location within the Toa Payoh neighbourhood positions it as an attractive choice for owner-occupiers, upgraders, and investors alike.

Strategic Connectivity and Location Advantages

Proximity to public transport remains a critical consideration for any property acquisition, and Verticus benefits significantly from its position relative to NS19 Toa Payoh MRT Station. Situated merely 1.35 kilometres away—approximately 16 minutes on foot or a quick bus journey—the property enjoys excellent connectivity to Singapore's extensive rail network. This accessibility proves particularly valuable for commuters working in the Central Business District, as Toa Payoh Station serves as a major interchange along the North-South Line, facilitating rapid transit to downtown areas, Jurong East, and beyond.

The surrounding neighbourhood has evolved considerably over recent decades into a mature, well-serviced residential hub. Residents benefit from close proximity to shopping facilities, dining establishments, and recreational spaces. The district's infrastructure maturity ensures reliable utilities, comprehensive waste management systems, and established emergency services—factors that contribute to both lifestyle comfort and long-term property resilience.

Floor Plan and Interior Specifications

The 753 square foot floor plan accommodates two generously proportioned bedrooms, each serving as suitable retreat spaces for families, couples, or households requiring flexible arrangements. The inclusion of two full bathrooms represents a key feature that enhances daily living convenience and adds considerable appeal during future resale cycles. This configuration proves particularly attractive to families transitioning from larger homes or young professionals establishing independent households.

The spatial allocation reflects modern design sensibilities, with living areas positioned to maximise natural lighting and ventilation. Kitchens in developments of this calibre typically incorporate contemporary fittings and appliance provisions, whilst bedroom dimensions permit comfortable furniture arrangements without compromising circulation space. Bathroom specifications in this price segment generally include contemporary fixtures and finishes that reduce immediate renovation requirements for new owners.

Investment Potential and Rental Market Considerations

From an investment perspective, the Toa Payoh precinct continues to demonstrate resilience within Singapore's residential property market. Properties at this price point and location typically command stable rental demand from expatriates, young professionals, and small families seeking proximity to employment hubs and transport infrastructure. The 753 square foot configuration positions it within a sought-after size bracket that balances rental yield potential with manageable maintenance costs.

Prospective investor purchasers should undertake detailed rental market analysis specific to comparable units within the immediate vicinity. Market rental rates for 2-bedroom condominiums in this district generally reflect the area's accessibility and amenity offerings. The psychological threshold of S$1.75 million places the property within reach of investor capital seeking efficient rent-to-price ratios, though yields ultimately depend upon achievable rental rates and ongoing operational expenses.

Market Positioning and Comparative Value

At S$1,749,999 for 753 square feet, the property achieves a per-square-foot valuation of approximately S$2,324—a metric that requires contextual assessment against recent comparable transactions within the Toa Payoh locality. Market analysts tracking this precinct have observed per-square-foot values ranging between S$2,200 and S$2,500 depending upon unit condition, floor level, facing orientation, and specific amenity access within individual developments. This price positioning places Verticus within the mid-to-upper range for 2-bedroom units in the district, reflecting the condominium's facilities, location, and likely condition standards.

First-time buyers evaluating this property must carefully compare the pricing against alternative options within similar distance parameters from Toa Payoh MRT Station. Competing developments in the vicinity may offer differing floor plans, amenity packages, or maintenance fee structures that merit detailed comparative analysis. Understanding the full cost of ownership—including property tax, maintenance fees, and potential special assessments—remains essential for informed decision-making.

Financing and TDSR Considerations

For owner-occupier buyers in Singapore, Total Debt Servicing Ratio (TDSR) calculations remain a regulatory requirement, with most banks permitting borrowers to utilise up to 55 percent of gross monthly income towards all debt obligations. At a purchase price of S$1,749,999, a buyer financing 80 percent (the maximum for owner-occupier HDB upgraders or private property purchasers) would require a loan of approximately S$1,399,999. Monthly mortgage instalments on such a loan, assuming a 30-year tenure at prevailing interest rates around 3.5 to 4 percent, would approximate S$6,600 to S$7,000.

Prospective purchasers earning gross monthly incomes of approximately S$12,000 to S$13,000 would generally satisfy TDSR requirements, allowing for additional borrowing headroom for personal loans or credit obligations. Buyers without existing debt burdens typically command greater financing flexibility. Engagement with qualified mortgage brokers remains advisable to assess individual financing capacity and identify optimal loan structures before formal applications to banking institutions.

Buyer Profile Suitability Assessment

This property appeals to multiple buyer cohorts, each deriving distinct advantages from its specifications and location. High-net-worth individuals seeking efficient capital deployment in established residential assets may appreciate Verticus's liquidity profile and manageable price point relative to larger luxury apartments. Upgraders transitioning from public housing or smaller private residences benefit from the two-bedroom configuration and condominium amenity access. First-time private property purchasers find the price positioning accessible through mortgage financing, whilst the established neighbourhood offers reassuring fundamentals for inaugural property investment.

Investors evaluating the property should assess its suitability within broader portfolio construction objectives. The rental demand from expatriates and young professionals in the vicinity typically remains robust, though expected yields at current market valuations require careful analysis. Developers' maintenance standards and management quality significantly influence long-term value retention and tenant satisfaction outcomes.

Lease Duration and Resale Value Implications

Property buyers in Singapore must give careful consideration to lease tenure remaining on their chosen unit, as this directly impacts long-term value retention and financing accessibility. Lease decay—the phenomenon whereby property values decline as the remaining lease tenure approaches expiration—becomes increasingly pronounced as leases drop below 60 years. Banks typically apply more stringent lending criteria to properties with shorter remaining leases, potentially constraining future buyer financing options and thus reducing the ultimate pool of willing purchasers.

The impact of lease decay accelerates dramatically in the final decades of any lease term. A property with 60 years remaining may experience minimal valuation pressure, but identical properties with 40 years remaining typically command discounts of 10 to 20 percent or greater, depending upon market conditions. Prospective buyers must independently verify the exact lease commencement date and remaining tenure for this specific unit, as this information critically influences both current pricing appropriateness and future capital appreciation potential. Request official documentation from the seller's conveyancing team confirming precise lease expiry dates before proceeding with acquisition commitments.

Additional Buyer Costs and Acquisition Expenses

The advertised price of S$1,749,999 represents the purchase consideration, but total acquisition costs extend considerably beyond this headline figure. Buyers must account for stamp duties, legal conveyancing fees, property searches, and registration costs—collectively approximating 3 to 5 percent of the purchase price, or roughly S$52,000 to S$87,000 in this instance. Second-property purchasers or foreign nationals face Additional Buyer's Stamp Duty (ABSD) surcharges that substantially increase acquisition costs, with rates commencing at 5 percent for Singapore citizens acquiring a second property.

At S$1.75 million, ABSD for second-property buyer citizens would impose approximately S$87,500 in additional tax, raising total acquisition costs to upwards of S$140,000 beyond the purchase price. These considerations must feature prominently in buyer financial planning to prevent undersestimation of capital requirements at completion.

District Supply Pipeline and Future Market Dynamics

The Toa Payoh precinct, being an established residential district with limited remaining greenfield development opportunity, faces constrained new supply dynamics compared to emerging areas like Clementi or Jurong East. This supply limitation typically supports value resilience for existing properties, as demand for housing in the district encounters limited new competing inventory. Conversely, limited new developments reduce the absolute volume of transactions and may create localised liquidity challenges for sellers unable to accept prevailing market valuations.

Urban regeneration initiatives and infrastructural improvements continue to enhance the precinct's appeal. Government planning has indicated selective intensification of housing near major transport hubs, suggesting potential gentle upward pressure on property values in Toa Payoh over forthcoming years. However, buyers should not assume automatic capital appreciation, as macroeconomic factors, interest rate movements, and broader property market cycles ultimately determine investment outcomes.

Conclusion

Verticus at 3 Jalan Kemaman presents a compelling acquisition opportunity for buyers prioritising established neighbourhood credentials, dependable transport connectivity, and measured price positioning within Singapore's residential market. The 2-bedroom, 2-bathroom configuration accommodates diverse lifestyle requirements, whilst proximity to Toa Payoh MRT Station ensures enduring appeal across buyer cohorts. Rigorous due diligence regarding lease tenure, comparable transaction analysis, and financing capacity assessment remains essential before commitment, but the property's fundamentals merit serious consideration from qualified purchasers.

Frequently Asked Questions

What rental yield might an investor realistically achieve by purchasing Verticus at S$1.75 million?

Based on comparable 2-bedroom units in the Toa Payoh precinct, market rental rates typically range from S$3,000 to S$3,500 monthly, depending upon unit condition, floor level, and specific amenity access. This translates to a gross rental yield of approximately 2.0 to 2.4 percent annually—a figure that must be evaluated against maintenance fees (typically S$300 to S$400 monthly), property tax, and potential vacancy periods. After deducting operational expenses, net yields typically settle between 1.2 and 1.8 percent, making this investment suitable primarily for capital appreciation-focused buyers rather than those seeking immediate high cash-on-cash returns. Prospective investors should conduct individual rental market research with local managing agents to validate achievable rates within the specific development.

How does Verticus's S$2,324 per-square-foot price compare to recent transactions in Toa Payoh?

Recent market analysis of 2-bedroom condominium transactions in the Toa Payoh vicinity indicates per-square-foot valuations ranging from S$2,200 to S$2,500, with variations reflecting unit condition, floor level, facing direction, and specific development amenities. Verticus's valuation at S$2,324 per square foot positions it within the middle-to-upper range of this bandwidth, suggesting it commands pricing appropriate to its specifications rather than representing exceptional value or overvaluation. Comparable units on higher floors or with premium orientations may achieve valuations exceeding S$2,450, whilst lower-floor or less favourably facing units might trade in the S$2,150 to S$2,250 range. Buyers should independently verify recent comparable sales within the immediate 500-metre radius to validate whether current asking prices reflect true market equilibrium.

What Additional Buyer's Stamp Duty (ABSD) implications apply to second-property purchasers at this price point?

Singapore citizens acquiring a second residential property trigger ABSD at 5 percent of the purchase price, rising to 10 percent for third and subsequent properties, and 15 percent for foreign nationals. For Verticus at S$1,749,999, ABSD payable by a second-property citizen buyer would total approximately S$87,500, substantially increasing total acquisition costs beyond the headline purchase price. Permanent residents similarly face ABSD surcharges, whilst foreign nationals incur even higher penalties at 15 percent, totalling S$262,500 in this instance. These additional costs must feature prominently in financing arrangements, as they represent cash outlays at completion separate from mortgage borrowing. Buyers should consult qualified tax advisors to understand ABSD implications specific to their citizenship status and property ownership history before proceeding with offer submissions.

What lease decay risks should purchasers understand regarding future resale value and financing?

Lease decay represents a critical consideration for condominium buyers, as properties systematically decline in value as remaining lease tenure approaches expiration. Properties with 60 years or greater remaining typically experience minimal lease decay pressure, but valuations accelerate downward as leases approach 40-year thresholds, with typical discounts of 10 to 20 percent materialising for comparable units. Beyond 30 years remaining, financing becomes substantially constrained, with most banks refusing mortgage facilities or imposing significantly reduced loan-to-value ratios that effectively price out substantial buyer segments. Prospective purchasers must independently verify the exact lease commencement date and remaining tenure for this specific Verticus unit, as this directly influences both current pricing appropriateness and future capital appreciation potential. Request official Land Titles Register extracts confirming precise lease expiry dates—this information proves essential for informed decision-making regarding long-term wealth accumulation prospects.

How does proximity to NS19 Toa Payoh MRT Station influence demand dynamics and capital appreciation potential?

Transport accessibility represents a primary value driver in Singapore's property market, with proximity to major MRT stations consistently demonstrating correlation with resilient prices and sustainable demand. Verticus's position 1.35 kilometres from Toa Payoh Station—approximately 16 minutes' walk or brief bus journey—positions it within the optimal 800-metre-to-1.5-kilometre sweet spot where accessibility benefits materialise without proximity-related disadvantages such as noise or congestion. Properties within walking distance of interchange stations like Toa Payoh typically demonstrate superior capital resilience during market downturns, as transport accessibility ensures enduring appeal across multiple demographic cohorts. Future transport improvements, such as enhanced bus rapid transit systems or station capacity expansions, would further reinforce localised demand. However, buyers should recognise that transport accessibility benefits become progressively priced into existing properties, meaning significant additional appreciation may not materialise purely from transport infrastructure already operational at the time of purchase.

Which buyer profiles represent the strongest fit for Verticus at this price and configuration?

Upgraders transitioning from HDB flats or smaller private studios constitute the primary target demographic, as the 2-bedroom configuration and S$1.75 million price point offer manageable step-up costs whilst delivering meaningful lifestyle enhancements and condominium amenity access. Young professional couples and small families seeking established neighbourhoods with proven transport connectivity and neighbourhood maturity represent secondary buyer cohorts, appreciating Toa Payoh's balance of urban convenience and residential tranquillity. First-time private property purchasers with strong financial positions and substantial down-payment capacity benefit from the accessibility to financing at this price point, though they should carefully assess TDSR headroom for mortgage servicing. Investors evaluating rental yield potential find the 2-bedroom configuration attractive for attracting expatriate professionals and young families, though expected yields at current valuations require careful analysis to ensure alignment with broader portfolio objectives. High-net-worth individuals may view Verticus as capital-efficient positioning within residential portfolios, though this cohort typically pursues larger or more prestigious addresses.

What TDSR and mortgage financing headroom exists for prospective buyers at the S$1.75 million price point?

Total Debt Servicing Ratio (TDSR) regulations permit most borrowers to dedicate up to 55 percent of gross monthly income towards all debt service, with banks typically offering maximum loan amounts up to 80 percent of purchase price for owner-occupier buyers. At S$1,749,999, an 80 percent loan (S$1,399,999) assumed over 30 years at 3.5 to 4 percent interest rates would incur monthly mortgage payments of approximately S$6,600 to S$7,000. Buyers without competing debt obligations would require gross monthly incomes of S$12,000 to S$13,000 to comfortably satisfy TDSR requirements, maintaining healthy financial buffers for savings and contingency planning. Those with existing personal loans, car financing, or credit card balances would need proportionally higher incomes to accommodate TDSR constraints. First-time buyers should engage qualified mortgage brokers early in the purchase journey to stress-test personal financing scenarios and confirm lender pre-approval before submitting formal offers, ensuring realistic expectations regarding maximum borrowing capacity.

How does Verticus compare in value and amenities to competing developments near Toa Payoh MRT?

The Toa Payoh precinct hosts several established condominium developments competing for buyer attention, each offering distinct amenity packages and price positioning. Direct competitors typically include properties within the S$1.6 to S$1.9 million range for comparable 2-bedroom units, with variations reflecting specific development amenities such as swimming facilities, gymnasium provisions, children's play areas, and security infrastructure. Some competing developments offer larger floor areas within similar price brackets, whilst others prioritise premium finishes and contemporary design language that command pricing premiums. Verticus's positioning requires comparative evaluation against specific competing units regarding floor area per dollar, amenity comprehensiveness, and management quality standards. Buyers should physically inspect multiple competing properties within the Toa Payoh locality before committing to Verticus, ensuring informed decision-making regarding relative value delivery. Engagement with experienced property consultants familiar with the Toa Payoh development landscape often proves invaluable for understanding comparative positioning without significant time investment.

Which floor levels or unit stacks within Verticus likely offer optimal value propositions?

Property market observations consistently demonstrate that mid-floor units (typically levels 6 to 15 in mid-rise developments) deliver superior value-to-price ratios compared to ground or top floors, balancing desirable characteristics against pricing efficiency. Lower floors (ground to level 3) often trade at modest discounts due to perceived security and privacy concerns, though these same units may appeal to elderly residents with mobility constraints who value reduced reliance on elevator systems. Upper floors command premiums reflecting enhanced views, reduced noise exposure, and psychological prestige, though the price differentials frequently exceed tangible utility benefits, making them inefficient purchases from value-based investment perspectives. Verticus unit selection should prioritise mid-floor positioning on preferred building faces with optimal orientations toward parks or quieter street aspects, as these configurations typically command the most balanced pricing relative to lifestyle benefits delivered. Buyers seeking investment properties should evaluate unit stacks with historically strong rental uptake, as proven tenant demand patterns indicate market-validated preferences that influence future resale appeal.

What future supply pipeline dynamics exist in Toa Payoh, and how might these influence long-term property values?

The Toa Payoh precinct, classified as a mature residential district with limited remaining greenfield development opportunity, faces constrained new supply dynamics compared to emerging estates on Singapore's periphery. Government planning documents indicate selective intensification near major transport nodes, with potential for modest residential additions through redevelopment rather than greenfield projects, maintaining a fundamentally supply-constrained environment. This limited new supply typically supports price resilience for existing properties by reducing competing inventory, though it simultaneously constrains absolute transaction volumes and may create localised liquidity challenges for sellers unable to accept prevailing market valuations. Future infrastructural enhancements—such as enhanced bus services, potential Light Rail Transit extensions, or neighbourhood commercial upgrades—would incrementally reinforce appeal without fundamentally transforming the district's character. Buyers should recognise that established neighbourhoods like Toa Payoh typically deliver moderate, sustainable appreciation aligned with broader economic growth rather than explosive value acceleration, making them suitable for patient investors prioritising stability over speculative gains.

Verticus 3 Jalan Kemaman | 2-Bed Condo S$1.75M | Toa Payoh