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Terrasse

Condominium · District 19 (Serangoon Gardens / Hougang / Punggol) · Outside Central Region · 99-year lease (83 yrs left) · Updated Jun 2026

Terrasse is a 99-year lease (83 yrs left) condominium development in District 19 (Serangoon Gardens / Hougang / Punggol). It has 112 recorded private transactions. Latest sale: $1,860,000 (Jun 2026, 103 sqm, floors 01-05). Median $1,302/sqft. Prices up 28.1% over the period. 83 years lease remaining.

Latest Sale
$1,860,000
Jun 2026 · 103 sqm
Median Price
$1,302/sqft
$1,336,944 typical unit
Transactions
112
$841–$1,843 psf
Price Trend
▲ 28.1%
~5.4% a year

Where Terrasse ranks in District 19

All 148 projects ›
Median psf
#97 / 148
Typical unit price
#88 / 148
Most recent sale
#48 / 148
Price growth
#57 / 126

Median psf over time

Estimate a unit at Terrasse

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +5.4%/yr
Lease decay −0.21%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

83 yrs
Remaining lease
0.21%
Annual decay (Bala's Table)
2010
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.21% a year.

Recent transactions

DateFloorType AreaPricepsf
Jun 2026 01-05 Resale 103 sqm $1,860,000 $1,678
May 2026 01-05 Resale 135 sqm $2,138,000 $1,471
Apr 2026 01-05 Resale 91 sqm $1,750,000 $1,787
Apr 2026 01-05 Resale 75 sqm $1,310,000 $1,623
Apr 2026 01-05 Resale 72 sqm $1,300,888 $1,679
Mar 2026 01-05 Resale 232 sqm $2,720,000 $1,089
Mar 2026 01-05 Resale 93 sqm $1,650,000 $1,648
Feb 2026 01-05 Resale 174 sqm $2,880,000 $1,538
Feb 2026 01-05 Resale 89 sqm $1,420,000 $1,482
Jan 2026 01-05 Resale 169 sqm $2,735,000 $1,503
Dec 2025 01-05 Resale 116 sqm $1,900,000 $1,522
Oct 2025 01-05 Resale 127 sqm $2,500,000 $1,829
Oct 2025 01-05 Resale 232 sqm $2,620,000 $1,049
Oct 2025 01-05 Resale 232 sqm $2,800,000 $1,121
Oct 2025 01-05 Resale 89 sqm $1,400,000 $1,461
Sep 2025 01-05 Resale 132 sqm $2,618,000 $1,843
Sep 2025 01-05 Resale 107 sqm $1,810,000 $1,572
Sep 2025 01-05 Resale 93 sqm $1,700,000 $1,698
Aug 2025 01-05 Resale 79 sqm $1,355,000 $1,593
Jun 2025 01-05 Resale 50 sqm $820,888 $1,525
Jun 2025 01-05 Resale 105 sqm $1,840,000 $1,628
Apr 2025 01-05 Resale 127 sqm $2,488,000 $1,820
Apr 2025 01-05 Resale 70 sqm $1,200,000 $1,593
Apr 2025 01-05 Resale 72 sqm $1,260,000 $1,626
Mar 2025 01-05 Resale 50 sqm $837,000 $1,555
Showing 25 of 112 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.

About Terrasse

Terrasse is a 99-year leasehold development with its lease commencing in 2010 and about 83 years remaining in District 19 (Serangoon Gardens / Hougang / Punggol), within the Outside Central Region of Singapore. It is among the more actively traded condominium developments in the area, with 112 recorded transactions between 2021-09 and 2026-06, ranging from $645,000 to $2,880,000. The most recent transaction was a 103 sqm unit (floors 01-05) sold for $1,860,000 in 2026-06, and the median price is $1,302 per square foot. Prices here have risen sharply, by about 28.1% over the period (around 5.4% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 83 years remaining is 0.9425, an annual lease decay of about 0.21%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Terrasse cost?

The most recent transaction at Terrasse was $1,860,000 for a 103 sqm unit in 2026-06. The median price is $1,302 per square foot across 112 transactions, ranging from $645,000 to $2,880,000. Data sourced from URA.

Is Terrasse freehold or leasehold?

Terrasse is on a 99-year lease commencing in 2010, with approximately 83 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.21%.

What is the price per square foot (psf) at Terrasse?

The median price at Terrasse is $1,302 psf, with transactions ranging from $841 to $1,843 psf. This is based on 112 URA-recorded transactions in District 19.

Have prices at Terrasse gone up or down?

Prices at Terrasse have increased by approximately 28.1% over the data period (around 5.4% a year). The median price is currently $1,302 psf, with the most recent sale at $1,860,000 in 2026-06.