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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 147 projects ›
Median psf
Top 67%
#99 / 147 Top 67%
Typical unit price
Top 60%
#88 / 147 Top 60%
Most recent sale
Top 31%
#46 / 147 Top 31%
Price growth
Top 44%
#56 / 126 Top 44%

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 72 sqm $1,300,888 $1,679
Apr 2026 01-05 Resale 75 sqm $1,310,000 $1,623
Apr 2026 01-05 Resale 91 sqm $1,750,000 $1,787
Mar 2026 01-05 Resale 93 sqm $1,650,000 $1,648
Mar 2026 01-05 Resale 232 sqm $2,720,000 $1,089
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 107 sqm $1,810,000 $1,572
Sep 2025 01-05 Resale 132 sqm $2,618,000 $1,843
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.
Primary schools nearby

Terrasse is inside the 1 km Primary 1 priority zone for 2 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
2 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 Terrasse, with their median resale psf. Useful for comparing what Terrasse 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 Terrasse

Prices at Terrasse in District 19 (Serangoon Gardens / Hougang / Punggol) have risen sharply, up about 28.1% over the data window (around 5.4% a year). Its $1,302 psf median sits about 7% below the District 19 median, cheaper than about 67% of projects there. It has a busy transaction history, with 112 sales 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) at $1,860,000 in Jun 2026, and the median is $1,302 psf. On Bala's Table (the SLA leasehold valuation model), the 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.