Verdé @ Joo Chiat Review: 18-Unit Freehold Boutique Condo at Joo Chiat Terrace

Short answer: Verdé @ Joo Chiat is a freehold boutique condo of 18 homes in a single five-storey block at 108 Joo Chiat Terrace, District 15. It is developed by MNG 108 Pte Ltd, MNG's first non-landed project, with 13 layouts from two to five bedrooms. TOP is expected in Q3 2028, and Eunos MRT is about a 12-minute walk away.

Updated 2 October 2026. This page replaces an earlier version that contained incorrect facts; see the correction note at the end.

What is Verdé @ Joo Chiat?


Developer	MNG 108 Pte Ltd (Housing Developer's Licence C1547), part of the MNG property group
Address	108 Joo Chiat Terrace, Singapore 427259 (District 15)
Tenure	Freehold
Units	18 homes in 13 layouts
Building	One five-storey block
Site area	1,316.15 sq m (about 14,170 sq ft)
Unit types	Two-bedroom to five-bedroom penthouse, including four-bedroom dual-key units
Expected TOP	Q3 2028
Expected vacant possession	20 January 2029
Expected legal completion	20 January 2032
Facilities	Lap pool, spa pool, fitness studio, wellness pod, social terrace and BBQ area
Nearest MRT	Eunos (EW7), about a 12-minute walk

Sources: Verdé project site and FAQ (developer, licence, address, site area, storeys, TOP, vacant possession, legal completion, facilities, MRT walk); Stacked Homes, 15 May 2026 (MNG's first non-landed project, unit types, dual-key units).

According to Stacked Homes, the site previously held an under-developed landed property. MNG has developed landed homes before; Verdé is its first apartment project.

How much does Verdé @ Joo Chiat cost?

Stacked Homes reported these starting prices at preview in May 2026:

Unit type	Size	Price from	Approx. psf
2-bedroom	Not stated	S$1.8 million	n/a
3-bedroom	947 to 1,022 sq ft	About S$2 million	n/a
4-bedroom + family penthouse	1,571 sq ft	Over S$4.34 million	About S$2,763
5-bedroom signature penthouse	1,496 sq ft	S$4.32 million	About S$2,888

The psf figures are our arithmetic (price ÷ size) using Stacked's starting prices; actual prices depend on the unit, and the developer's price list may change. The EdgeProp project page showed no recorded sales transactions when we checked on 2 October 2026, so we do not quote a sales take-up figure.

How far is Verdé @ Joo Chiat from the MRT?

The developer puts Eunos MRT on the East-West Line at about a 12-minute walk. Stacked Homes says the walk takes over 10 minutes and is mostly unsheltered, and notes that Eunos is one stop from the Paya Lebar interchange (East-West and Circle lines).

Joo Chiat Road, with its eateries, cafés and shops, is close by, and Stacked mentions a small park and playground on Joo Chiat Terrace.

Which schools are near Verdé @ Joo Chiat?

The developer's FAQ names schools in the area, including Tao Nan School, CHIJ Katong Primary, Kong Hwa School, Tanjong Katong Primary and Maha Bodhi School, but it does not give distances. Check whether a school is within 1 km of 108 Joo Chiat Terrace on OneMap before relying on Primary 1 registration priority.

What should buyers weigh at Verdé @ Joo Chiat?

Freehold tenure. There is no lease running down, unlike a 99-year leasehold. See our guide to lease decay for how leases affect financing.
Very small project. With 18 units, Stacked Homes notes that resale transactions will be few, which makes it harder to benchmark prices, and maintenance costs are shared among few owners.
Penthouse pricing. The two penthouses start above S$4.3 million, or about S$2,800 to S$2,900 psf by our arithmetic.
Walking distance. Eunos MRT is about 12 minutes on foot, much of it unsheltered.
Timeline. It is still under construction, with TOP expected in Q3 2028 and keys from January 2029.

This is a summary of trade-offs, not a recommendation to buy or sell.

FAQ

Who is the developer of Verdé @ Joo Chiat? MNG 108 Pte Ltd, which holds Housing Developer's Licence C1547. It is MNG's first non-landed project.

Is Verdé @ Joo Chiat freehold? Yes.

How many units does Verdé @ Joo Chiat have? 18 homes in 13 layouts, in one five-storey block.

When will Verdé @ Joo Chiat be completed? The developer expects TOP in Q3 2028, vacant possession by 20 January 2029 and legal completion by 20 January 2032.

What is the nearest MRT station to Verdé @ Joo Chiat? Eunos on the East-West Line, about a 12-minute walk.

How much is a unit at Verdé @ Joo Chiat? Stacked Homes reported starting prices of S$1.8 million for a two-bedroom and about S$2 million for a three-bedroom in May 2026.

Correction

2 October 2026: An earlier version of this page named the developer as "MNG Property Development", said completion was in 2029 and described the unit mix as two- and three-bedroom units of about 700 to 1,200 sq ft. The developer is MNG 108 Pte Ltd; TOP is expected in Q3 2028 with vacant possession by 20 January 2029; and the 18 units range from two bedrooms to a five-bedroom penthouse, with penthouses of up to 1,571 sq ft. Unsupported claims about walking times to named shops and eateries, a drive time via Nicoll Highway, and the "Mandarin focus" of a school were removed, as was an offer of a paid "full report".

Disclaimer: This page is for information only and is not investment advice. SG Properties is not a licensed estate agency and is not affiliated with the developer.

Sources

Verdé @ Joo Chiat project site (developer, address, site area, storeys, facilities, TOP; checked 2 October 2026)
Verdé @ Joo Chiat FAQ (developer licence, vacant possession and legal completion dates, MRT walk, nearby schools; checked 2 October 2026)
Stacked Homes: Verdé condo review (15 May 2026)
EdgeProp: Verde @ Joo Chiat project page (checked 2 October 2026; no transactions recorded)
OneMap (school distance checks)