The Terrace
The Terrace is a 99-year lease (86 yrs left) executive condo development in District 19 (Serangoon Gardens / Hougang / Punggol). It has 307 recorded private transactions. Latest sale: $2,230,000 (Oct 2026, 122 sqm, floors 01-05). Median $1,300/sqft. Prices up 28.3% over the period. 86 years lease remaining.
Where The Terrace ranks in District 19
All 147 projects ›Median psf over time
Estimate a unit at The Terrace
Based on URA transactions for this development. Pick a floor band and unit size.
Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.
Lease decay
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 band | Median psf | Transactions |
|---|---|---|
| 01-05 | $1,289 | 86 |
| 06-10 | $1,311 | 100 |
| 11-15 | $1,302 | 92 |
| 16-20 | $1,285 | 29 |
Recent transactions
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| Oct 2026 | 01-05 | Resale | 122 sqm | $2,230,000 | $1,698 |
| Oct 2026 | 06-10 | Resale | 100 sqm | $1,630,997 | $1,515 |
| Sep 2026 | 16-20 | Resale | 100 sqm | $1,630,000 | $1,514 |
| Sep 2026 | 11-15 | Resale | 93 sqm | $1,600,000 | $1,598 |
| Sep 2026 | 06-10 | Resale | 93 sqm | $1,508,000 | $1,506 |
| Sep 2026 | 01-05 | Resale | 100 sqm | $1,700,000 | $1,579 |
| Sep 2026 | 01-05 | Resale | 122 sqm | $2,120,000 | $1,614 |
| Sep 2026 | 06-10 | Resale | 100 sqm | $1,635,888 | $1,520 |
| Aug 2026 | 11-15 | Resale | 93 sqm | $1,545,000 | $1,543 |
| 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 | 109 sqm | $1,968,000 | $1,677 |
| Aug 2026 | 11-15 | Resale | 134 sqm | $2,428,000 | $1,683 |
| Aug 2026 | 06-10 | Resale | 93 sqm | $1,475,000 | $1,473 |
| Aug 2026 | 06-10 | Resale | 100 sqm | $1,700,000 | $1,579 |
| Jul 2026 | 01-05 | Resale | 122 sqm | $2,068,000 | $1,575 |
| Jul 2026 | 11-15 | Resale | 122 sqm | $2,230,000 | $1,698 |
| Jul 2026 | 01-05 | Resale | 122 sqm | $2,100,000 | $1,599 |
| Jun 2026 | 06-10 | Resale | 100 sqm | $1,640,000 | $1,524 |
| Jun 2026 | 11-15 | Resale | 122 sqm | $2,290,000 | $1,744 |
| 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 |
| May 2026 | 11-15 | Resale | 93 sqm | $1,568,000 | $1,566 |
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.
- 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.
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.
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 5.8% a year). Its $1,300 psf median sits about 9% below the District 19 median, cheaper than about 73% of projects there. It has a busy transaction history, with 307 sales between 2022-05 and 2026-10, ranging from $1,080,000 to $2,428,000. The most recent transaction was a 122 sqm unit (floors 01-05) at $2,230,000 in Oct 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 $2,230,000 for a 122 sqm unit in 2026-10. The median price is $1,300 per square foot across 307 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 307 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 5.8% a year). The median price is currently $1,300 psf, with the most recent sale at $2,230,000 in 2026-10.