We track 121 sales and 359 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the TERRASSE dashboard.
- Average sale price: $1,471,522 across 121 transactions
- Estimated gross rental yield: 3.0%
- District 19 PSF ranking: Mid-range (top 55%)
- 99 yrs lease commencing from 2010 · OCR · D19 · 414 units
About TERRASSE
TERRASSE is a 99 yrs lease commencing from 2010 condominium, located at TERRASSE LANE in District 19 (Punggol, Hougang, Serangoon Gardens) (Outside Central Region), developed by MCL LAND (SERANGOON) PTE LTD, comprising 414 residential units, completed in 2015.
With approximately 83 years remaining on its 99-year lease, the property qualifies for full bank financing and CPF usage.
Unit Mix Distribution
Transaction data breakdown by bedroom type at TERRASSE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 14 | $1,367 psf | $763,841 |
| 2 BR | 38 | $1,330 psf | $1,077,502 |
| 3 BR | 39 | $1,386 psf | $1,497,863 |
| 4 BR | 20 | $1,363 psf | $2,175,794 |
| 5+ BR | 10 | $1,006 psf | $2,448,280 |
Sales Market Overview
TERRASSE has recorded 121 sale transactions with an average transaction price of $1,471,522, ranging from $645,000 to $2,880,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 26 | $1,147 psf | $1,281,296 | — |
| 2022 | 31 | $1,235 psf | $1,272,202 | ↑ 7.7% |
| 2023 | 15 | $1,334 psf | $1,451,593 | ↑ 8.0% |
| 2024 | 21 | $1,396 psf | $1,550,223 | ↑ 4.7% |
| 2025 | 19 | $1,569 psf | $1,740,515 | ↑ 12.4% |
| 2026 | 9 | $1,536 psf | $1,989,321 | ↓ 2.1% |
TERRASSE ranks in the top 55% of condos in District 19 by average PSF.
Compared to the OCR average of $1,550 psf, TERRASSE trades 14.1% below the segment benchmark.
Loading chart data...
Rental Market Overview
TERRASSE has recorded 359 rental transactions with monthly rents averaging $3,641/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 61 | $2,467/mo | $1,800/mo | $3,200/mo |
| 2 BR | 186 | $3,212/mo | $2,000/mo | $5,300/mo |
| 3 BR | 79 | $4,315/mo | $2,650/mo | $6,500/mo |
| 4 BR | 25 | $6,256/mo | $3,950/mo | $7,800/mo |
| 5+ BR | 8 | $7,708/mo | $5,000/mo | $9,660/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 67 | $2,893/mo |
| 2022 | 78 | $3,613/mo |
| 2023 | 59 | $3,931/mo |
| 2024 | 73 | $3,857/mo |
| 2025 | 67 | $3,898/mo |
| 2026 | 15 | $3,779/mo |
Loading chart data...
Investment Analysis
Based on average rents and sale prices, TERRASSE delivers an estimated gross rental yield of 3.0%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 19
Side-by-side comparison against the most actively traded condos in District 19 (Punggol, Hougang, Serangoon Gardens):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| CHUAN PARK | 99 yrs lease commencing from 2024 | 916 | $2,596 psf | 868 |
| THE FLORENCE RESIDENCES | 99 yrs lease commencing from 2018 | 1410 | $1,746 psf | 849 |
| RIVERFRONT RESIDENCES | 99 yrs lease commencing from 2018 | 1451 | $1,590 psf | 629 |
| AFFINITY AT SERANGOON | 99 yrs lease commencing from 2018 | 1012 | $1,699 psf | 597 |
| SERANGOON GARDEN ESTATE | Freehold | — | $1,742 psf | 467 |
Location Map
Map shows TERRASSE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- TERRASSE
- Kovan MRT
- Rosyth School
- Yangzheng Primary School
- Xinghua Primary School
Nearby MRT Stations
TERRASSE is 1.3 km from Kovan MRT (North-East Line).
| Station | Code | Line | Distance |
|---|---|---|---|
| Kovan | NE13 | North-East Line | 1.3 km |
Nearby Schools
There are 21 schools within 2 km of TERRASSE, including 7 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Rosyth School | Primary | 190m |
| Yangzheng Primary School | Primary | 380m |
| Xinghua Primary School | Primary | 480m |
| Townsville Primary School | Primary | 650m |
| Xinmin Secondary School | Secondary | 820m |
| Xinmin Primary School | Primary | 830m |
| Presbyterian High School | Secondary | 890m |
| Serangoon Secondary School | Secondary | 1.1 km |
| Serangoon Garden Secondary School | Secondary | 1.1 km |
| Holy Innocents' High School | Secondary | 1.1 km |
| Holy Innocents' Primary School | Primary | 1.2 km |
| Cedar Primary School | Primary | 1.4 km |
FAQ
What is the average price for TERRASSE?
What is the rental yield for TERRASSE?
Is TERRASSE freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 121 transactions analysed
- Rental data: 359 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for TERRASSE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.