TERRASSE
TERRASSE LANE · District 19 · 99 yrs lease commencing from 2010
Median Price
S$1.4M
Price Range
S$645K - S$2.9M
Tenure
Leasehold
Avg Rent
S$4.26 psf
TERRASSE Price Analysis
TERRASSE is a leasehold development on TERRASSE LANE in District 19 (Serangoon/Hougang). According to URA transaction records, 114 private residential transactions have been recorded at this development, with a median price of S$1,350,000. Prices range from S$645K for the smallest units to S$2.9M for premium configurations.
The development offers units across 6 size categories. The most traded segment is studio (<50 sqm) at a median of S$680,000. Larger units (5+ bed (170+ sqm)) trade at S$2,380,000, reflecting the premium for additional space.
On the rental side, TERRASSE commands an average of S$4.26 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 3.3%.
Price Trend
Median transaction price by contract month.
Source: URA Private Residential Property Transactions
Price by Unit Size
| Size Band | Median Price | Avg Size | Transactions |
|---|---|---|---|
| Studio (<50 sqm) | S$680K | 47 sqm | 5 |
| 1-Bed (50-70 sqm) | S$846K | 58 sqm | 12 |
| 2-Bed (70-100 sqm) | S$1.2M | 81 sqm | 46 |
| 3-Bed (100-130 sqm) | S$1.6M | 111 sqm | 26 |
| 4-Bed (130-170 sqm) | S$2.0M | 147 sqm | 10 |
| 5+ Bed (170+ sqm) | S$2.4M | 209 sqm | 15 |
FAQ
What is the average price of TERRASSE?
The median transaction price at TERRASSE is S$1,350,000, based on 114 URA-recorded transactions. Prices range from S$645K to S$2.9M.
What is the rental rate at TERRASSE?
The average rental rate at TERRASSE is approximately S$4.26 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.