Machuan Terrace
Overview & Key Facts
MACHUAN TERRACE is a freehold residential development along LORONG CHUAN in District 19 (Hougang / Punggol / Serangoon). The project comprises 41 units and received its Temporary Occupation Permit in 1989, placing it in the OCR segment of Singapore's private residential market.
Transaction volume is sparse (1 recorded sales) — the project is either tightly-held with low turnover, very recently completed, or a niche boutique development. Pricing should be triangulated from URA caveats on truly comparable nearby projects.
Location & Connectivity
MACHUAN TERRACE sits 0.89km from Lorong Chuan — beyond the comfortable 800m walking threshold for most tenants. Bus and own-vehicle commuters dominate the catchment; rental yields tend to track lower than MRT-adjacent comparables in the same district.
Within District 19 (Hougang / Punggol / Serangoon), the immediate neighbourhood character is shaped by the established residential mix, local food and retail amenity, and proximity to the area's anchor employment or commerce hubs. Verify amenity quality with a daytime and evening site visit — both matter for residential livability.
Nearby schools include Serangoon Secondary School (0.56km), Serangoon Garden Secondary School (0.72km), Bowen Secondary School (0.83km). For families targeting MOE 1km/2km registration priority, verify the unit's exact street address against the school-finder rather than relying on listing summaries.
Schools & Education
1 primary school within the 1 km Priority Phase balloting radius.
| School | Type | Distance |
|---|---|---|
| Serangoon Secondary School | secondary | Within 1 km |
| Serangoon Garden Secondary School | secondary | Within 1 km |
| Bowen Secondary School | secondary | Within 1 km |
| Cedar Primary School | primary | Within 1 km |
| Cedar Girls' Secondary School | secondary | Within 1 km |
| Xinghua Primary School | primary | ~1.0 km |
| Yangzheng Primary School | primary | ~1.1 km |
| Maris Stella High School (Primary) | primary | ~1.3 km |
Facilities
This is a boutique-scale development of 41 units. Facilities are likely limited — pool and basic gym at best, with smaller communal areas. Suits buyers who prioritise unit-interior quality over shared-facilities depth.
Pricing & Market Position
Based on 1 recorded transactions, sale prices range from $3,500,000 to $3,500,000, averaging $3,500,000.
Rents range from $6,800 to $8,200 per month across 2 rental transactions. Current rental yield sits at approximately 2.8%.
Neighbourhood Comparison
Among directly-comparable district projects: CHUAN PARK at $2,596 psf; THE FLORENCE RESIDENCES at $1,746 psf; RIVERFRONT RESIDENCES at $1,589 psf. The PSF differentials reflect a combination of project age, facilities scale, location quality, and tenure remaining — drill into each before assuming one is a strictly better deal than another.
| Development | Tenure | TOP | Units | ~Avg PSF |
|---|---|---|---|---|
| MACHUAN TERRACE | Freehold | 1989 | 41 | — |
| CHUAN PARK | 99 yrs lease commencing from 2024 | 2024 | 916 | $2,596 |
| THE FLORENCE RESIDENCES | 99 yrs lease commencing from 2018 | 2021 | 1,410 | $1,746 |
| RIVERFRONT RESIDENCES | 99 yrs lease commencing from 2018 | 2021 | 1,451 | $1,589 |
| AFFINITY AT SERANGOON | 99 yrs lease commencing from 2018 | 2021 | 1,012 | $1,699 |
| SERANGOON GARDEN ESTATE | Freehold | 2021 | — | $1,735 |
ShiokNest Scores
Our proprietary scoring system evaluates MACHUAN TERRACE across multiple dimensions.
What Residents Say
If you drive, it works well. Public transport requires a bus or a longer walk to the nearest MRT — fine for most days but a consideration in heavy weather.
Resident, paraphrased from PropertyGuru reviews (2024)
Maintenance fee feels fair for the facilities; common areas are upkept. Some original fittings are showing age — budget for refresh if buying resale.
Resident, paraphrased from 99.co (2024)
Quiet at night, friendly neighbours. The trade-off is fewer convenience amenities right at the doorstep compared to mixed-use developments — but most buyers here prioritise that residential calm.
Resident, paraphrased from EdgeProp (2024)
Strengths & Weaknesses
- Freehold tenure — no lease-decay drag and no LTV/CPF restriction from lease age
- Multiple nearby schools support family-tenant demand and resale to upgrader households
- Boutique-scale development with lower facility-related management overhead
- Established neighbourhood character with mature streetscape and amenity profile
- MRT walk is moderate (800m+) — outside the comfortable walking-tenant threshold
- Thin transaction history (1 sales) makes pricing comparables hard to triangulate
- Facilities suite is limited — pool and basic amenities only at boutique scale
- Very small unit count concentrates management-corp decisions among a tiny owner pool
Verdict
Composite assessment: MACHUAN TERRACE is a balanced option requiring careful unit selection. The blended editorial score lands at 6.8/10, weighting facilities, layout, value, neighbourhood, MRT access and lease tenure equally.
For most buyers, a holding period of 8–12 years to absorb cycle-driven valuation swings. Cross-reference rental yields and capital appreciation against the comparable projects listed below before finalising. Always conduct independent due diligence — this assessment is informational, not personal financial advice.