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The Terrace

Executive Condo · District 19 (Serangoon Gardens / Hougang / Punggol) · Outside Central Region · 99-year lease (86 yrs left) · Updated May 2026

The Terrace is a 99-year lease (86 yrs left) executive condo development in District 19 (Serangoon Gardens / Hougang / Punggol). It has 286 recorded private transactions. Latest sale: $1,600,000 (May 2026, 100 sqm, floors 06-10). Median $1,291/sqft. Prices up 25% over the period. 86 years lease remaining.

Latest Sale
$1,600,000
May 2026 · 100 sqm
Median Price
$1,291/sqft
$1,400,000 typical unit
Transactions
286
$1,031–$1,675 psf
Price Trend
▲ 25%
~5.7% a year

Where The Terrace ranks in District 19

All 148 projects ›
Median psf
#100 / 148
Typical unit price
#74 / 148
Most recent sale
#69 / 148
Price growth
#63 / 126

Median psf over time

Estimate a unit at The Terrace

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

Estimated value
Project forward
Market growth +5.7%/yr
Lease decay −0.19%/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

86 yrs
Remaining lease
0.19%
Annual decay (Bala's Table)
2013
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.19% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,282 81
06-10 $1,305 94
11-15 $1,301 84
16-20 $1,282 27

Recent transactions

DateFloorType AreaPricepsf
May 2026 06-10 Resale 100 sqm $1,600,000 $1,486
May 2026 01-05 Resale 100 sqm $1,630,000 $1,514
May 2026 01-05 Resale 93 sqm $1,388,000 $1,387
May 2026 11-15 Resale 93 sqm $1,568,000 $1,566
Apr 2026 11-15 Resale 93 sqm $1,530,000 $1,528
Apr 2026 11-15 Resale 100 sqm $1,680,000 $1,561
Mar 2026 11-15 Resale 134 sqm $2,390,000 $1,657
Feb 2026 06-10 Resale 122 sqm $2,200,000 $1,675
Feb 2026 06-10 Resale 134 sqm $2,305,000 $1,598
Feb 2026 16-20 Resale 100 sqm $1,670,000 $1,551
Feb 2026 06-10 Resale 100 sqm $1,680,000 $1,561
Feb 2026 11-15 Resale 93 sqm $1,550,000 $1,548
Jan 2026 06-10 Resale 100 sqm $1,620,000 $1,505
Jan 2026 01-05 Resale 109 sqm $1,880,000 $1,602
Jan 2026 01-05 Resale 100 sqm $1,630,888 $1,515
Dec 2025 11-15 Resale 100 sqm $1,670,000 $1,551
Nov 2025 11-15 Resale 122 sqm $2,133,000 $1,624
Nov 2025 11-15 Resale 100 sqm $1,632,000 $1,516
Nov 2025 11-15 Resale 100 sqm $1,610,000 $1,496
Nov 2025 01-05 Resale 100 sqm $1,580,000 $1,468
Nov 2025 11-15 Resale 100 sqm $1,659,999 $1,542
Nov 2025 11-15 Resale 122 sqm $2,150,000 $1,637
Oct 2025 01-05 Resale 109 sqm $1,692,000 $1,442
Sep 2025 06-10 Resale 100 sqm $1,631,888 $1,516
Sep 2025 11-15 Resale 122 sqm $2,178,800 $1,659
Showing 25 of 286 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.

About The Terrace

The Terrace is a 99-year leasehold development with its lease commencing in 2013 and about 86 years remaining in District 19 (Serangoon Gardens / Hougang / Punggol), within the Outside Central Region of Singapore. It is among the more actively traded executive condominium developments in the area, with 286 recorded transactions between 2022-05 and 2026-05, ranging from $1,080,000 to $2,390,000. The most recent transaction was a 100 sqm unit (floors 06-10) sold for $1,600,000 in 2026-05, and the median price is $1,291 per square foot. Prices here have risen sharply, by about 25% over the period (around 5.7% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 86 years remaining is 0.9481, an annual lease decay of about 0.19%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at The Terrace cost?

The most recent transaction at The Terrace was $1,600,000 for a 100 sqm unit in 2026-05. The median price is $1,291 per square foot across 286 transactions, ranging from $1,080,000 to $2,390,000. Data sourced from URA.

Is The Terrace freehold or leasehold?

The Terrace is on a 99-year lease commencing in 2013, with approximately 86 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.19%.

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

The median price at The Terrace is $1,291 psf, with transactions ranging from $1,031 to $1,675 psf. This is based on 286 URA-recorded transactions in District 19.

Have prices at The Terrace gone up or down?

Prices at The Terrace have increased by approximately 25% over the data period (around 5.7% a year). The median price is currently $1,291 psf, with the most recent sale at $1,600,000 in 2026-05.