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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 147 projects ›
Median psf
Top 69%
#102 / 147 Top 69%
Typical unit price
Top 50%
#73 / 147 Top 50%
Most recent sale
Top 47%
#69 / 147 Top 47%
Price growth
Top 50%
#63 / 126 Top 50%

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 06-10 Resale 100 sqm $1,680,000 $1,561
Feb 2026 11-15 Resale 93 sqm $1,550,000 $1,548
Feb 2026 16-20 Resale 100 sqm $1,670,000 $1,551
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 11-15 Resale 100 sqm $1,659,999 $1,542
Nov 2025 11-15 Resale 122 sqm $2,150,000 $1,637
Nov 2025 01-05 Resale 100 sqm $1,580,000 $1,468
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.
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 25% over the period (about 5.7% a year). Its $1,291 psf median sits about 8% below the District 19 median, cheaper than about 69% of projects there. It has a busy transaction history, with 286 sales 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) at $1,600,000 in May 2026, and the median is $1,291 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 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.