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The Terrace

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

The Terrace is a 99-year lease (86 yrs left) executive condo development in District 19 (Serangoon Gardens / Hougang / Punggol). It has 304 recorded private transactions. Latest sale: $1,600,000 (Sep 2026, 93 sqm, floors 11-15). Median $1,300/sqft. Prices up 28.3% over the period. 86 years lease remaining.

Latest Sale
$1,600,000
Sep 2026 · 93 sqm
Median Price
$1,300/sqft
$1,426,500 typical unit
Transactions
304
$1,031–$1,744 psf
Price Trend
▲ 28.3%
~5.9% a year

Where The Terrace ranks in District 19

All 145 projects ›
Median psf
Top 74%
#107 / 145 Top 74%
Typical unit price
Top 50%
#72 / 145 Top 50%
Most recent sale
Top 48%
#70 / 145 Top 48%
Price growth
Top 42%
#53 / 127 Top 42%

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 +5.9%/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 $1,288 85
06-10 $1,310 98
11-15 $1,302 92
16-20 $1,285 29

Recent transactions

DateFloorType AreaPricepsf
Sep 2026 11-15 Resale 93 sqm $1,600,000 $1,598
Sep 2026 16-20 Resale 100 sqm $1,630,000 $1,514
Sep 2026 06-10 Resale 93 sqm $1,508,000 $1,506
Sep 2026 01-05 Resale 122 sqm $2,120,000 $1,614
Sep 2026 01-05 Resale 100 sqm $1,700,000 $1,579
Aug 2026 11-15 Resale 134 sqm $2,428,000 $1,683
Aug 2026 11-15 Resale 122 sqm $2,122,888 $1,617
Aug 2026 11-15 Resale 100 sqm $1,638,888 $1,523
Aug 2026 16-20 Resale 93 sqm $1,600,000 $1,598
Aug 2026 11-15 Resale 93 sqm $1,545,000 $1,543
Aug 2026 11-15 Resale 109 sqm $1,968,000 $1,677
Aug 2026 06-10 Resale 100 sqm $1,700,000 $1,579
Aug 2026 06-10 Resale 93 sqm $1,475,000 $1,473
Jul 2026 01-05 Resale 122 sqm $2,068,000 $1,575
Jul 2026 01-05 Resale 122 sqm $2,100,000 $1,599
Jul 2026 11-15 Resale 122 sqm $2,230,000 $1,698
Jun 2026 11-15 Resale 122 sqm $2,290,000 $1,744
Jun 2026 06-10 Resale 100 sqm $1,640,000 $1,524
May 2026 11-15 Resale 93 sqm $1,568,000 $1,566
May 2026 01-05 Resale 93 sqm $1,388,000 $1,387
May 2026 06-10 Resale 100 sqm $1,600,000 $1,486
May 2026 01-05 Resale 100 sqm $1,630,000 $1,514
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
Showing 25 of 304 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

The Terrace is inside the 1 km Primary 1 priority zone for 4 primary schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
4 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to The Terrace, with their median resale psf. Useful for comparing what The Terrace costs per square foot against nearby developments.

More condos in District 19
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About The Terrace

The Terrace in District 19 (Serangoon Gardens / Hougang / Punggol) has been a strong performer, with median psf up roughly 28.3% over the period (about 5.9% a year). Its $1,300 psf median sits about 8% below the District 19 median, cheaper than about 73% of projects there. It has a busy transaction history, with 304 sales between 2022-05 and 2026-09, ranging from $1,080,000 to $2,428,000. The most recent transaction was a 93 sqm unit (floors 11-15) at $1,600,000 in Sep 2026, and the median is $1,300 psf. On Bala's Table (the SLA leasehold valuation model), the 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 93 sqm unit in 2026-09. The median price is $1,300 per square foot across 304 transactions, ranging from $1,080,000 to $2,428,000. 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 $1,300 psf, with transactions ranging from $1,031 to $1,744 psf. This is based on 304 URA-recorded transactions in District 19.

Have prices at The Terrace gone up or down?

Prices at The Terrace have increased by approximately 28.3% over the data period (around 5.9% a year). The median price is currently $1,300 psf, with the most recent sale at $1,600,000 in 2026-09.