The Terrace
Located in District 19 (Punggol, Hougang, Serangoon Gardens), The Terrace is a 99-year leasehold executive condominium in the Outside Central Region (OCR). Completed in 2018, the development comprises 747 units, on a lease that commenced in 2013. Sale and rental figures on this page are compiled from URA transaction records.
THE TERRACE
Over the 12 months to Jul 2026, The Terrace recorded 36 resale transactions at a median $1,527 psf (median price $1,650,000), and 22 rental contracts at a median $4,100/mo, a gross rental yield of 3.0%. Source: URA caveat data, as of Jul 2026.
The Terrace's median of $1,527 psf over the trailing 12 months places its pricing below roughly 59% of District 19 condos; resale liquidity has been active with 36 caveats lodged; the 3.0% gross rental yield sits above the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jul-26 | $2,230,000 | $1,698 psf | 1,313 sqft | 11 to 15 | 3BR |
| Jul-26 | $2,100,000 | $1,599 psf | 1,313 sqft | 01 to 05 | 3BR |
| Jun-26 | $1,640,000 | $1,524 psf | 1,076 sqft | 06 to 10 | 3BR |
| Jun-26 | $2,290,000 | $1,744 psf | 1,313 sqft | 11 to 15 | 3BR |
| May-26 | $1,630,000 | $1,514 psf | 1,076 sqft | 01 to 05 | 3BR |
| May-26 | $1,600,000 | $1,486 psf | 1,076 sqft | 06 to 10 | 3BR |
| May-26 | $1,388,000 | $1,387 psf | 1,001 sqft | 01 to 05 | 3BR |
| May-26 | $1,568,000 | $1,566 psf | 1,001 sqft | 11 to 15 | 3BR |
Can I afford The Terrace?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,650,000.
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.