Terrasse
Terrasse is a 99-year condominium in District 19 (Hougang) that obtained TOP in 2014, with 414 units across 9 blocks. Across 621 transactions on record, units have recently transacted around S$1.86M (S$1,522 psf, ~1,109 sqft). There are 39 units for sale from S$828k to S$2.70M. The lease has approximately 83 years remaining.
What are the key facts about Terrasse?
Terrasse is a 99-year condominium in District 19 (Hougang) that obtained TOP in 2014, with 414 units across 9 blocks.
- Tenure
- 99-year
- TOP / Completion
- 2014
- Developer
- MCL LAND (SERANGOON) PTE LTD
- Total units
- 414
- Blocks
- 9
- District / Area
- District 19 (Hougang)
- Market segment
- OCR
- Median PSF
- S$1,522 psf
- Last transacted
- Jun 2026
- Remaining lease
- ≈ 83 years
What is the price and PSF at Terrasse?
Units have recently transacted around S$1.86M (S$1,522 psf), at a gross rental yield of about 1.8% (URA caveat data).
Recent median price
S$1.86M
recent · 621 sales on record
Median PSF
S$1,522 psf
recent transactions
Median rent (monthly)
S$2,865
941 rentals on record
Gross rental yield
1.8%
indicative, gross
Units currently for sale are asking a median of S$1,747 psf — about 15% above the most recent transacted PSF.
Source: URA caveat data, through Jun 2026.
What has recently sold at Terrasse?
Terrasse has 621 recorded sales; the most recent transacted at S$1,860,000 in Jun 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Jun 2026 | S$1,860,000 | 1,109 | S$1,678 psf |
| May 2026 | S$2,138,000 | 1,453 | S$1,471 psf |
| Apr 2026 | S$1,750,000 | 980 | S$1,787 psf |
| Apr 2026 | S$1,300,888 | 775 | S$1,679 psf |
| Apr 2026 | S$1,310,000 | 807 | S$1,623 psf |
| Mar 2026 | S$2,720,000 | 2,497 | S$1,089 psf |
| Mar 2026 | S$1,650,000 | 1,001 | S$1,648 psf |
| Feb 2026 | S$1,420,000 | 958 | S$1,482 psf |
| Feb 2026 | S$2,880,000 | 1,873 | S$1,538 psf |
| Jan 2026 | S$2,735,000 | 1,819 | S$1,503 psf |
| Dec 2025 | S$1,900,000 | 1,249 | S$1,522 psf |
| Oct 2025 | S$2,620,000 | 2,497 | S$1,049 psf |
621 sales and 941 rentals on record since May 2011. Source: URA.
Are prices at Terrasse rising?
The median transacted PSF at Terrasse has risen 40% over the past 9 years (2017–2026), from S$1,101 psf to S$1,538 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2026 | S$1,538 psf | S$1.75M | 10 | -2.2% |
| 2025 | S$1,572 psf | S$1.70M | 19 | +8.8% |
| 2024 | S$1,445 psf | S$1.31M | 21 | +8.2% |
| 2023 | S$1,336 psf | S$1.34M | 15 | +5.8% |
| 2022 | S$1,263 psf | S$1.06M | 31 | +8.0% |
| 2021 | S$1,169 psf | S$1.35M | 28 | +3.5% |
| 2020 | S$1,129 psf | S$1.30M | 13 | -0.4% |
| 2019 | S$1,133 psf | S$1.28M | 13 | -0.2% |
| 2018 | S$1,135 psf | S$1.28M | 22 | +3.1% |
| 2017 | S$1,101 psf | S$1.23M | 18 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Terrasse?
11,111 CEA-registered agents closed at least one recorded deal in District 19 — where Terrasse sits — in the last 12 months, across all property types.
Active agents · 12mo
11,111
District 19 · closed ≥1 deal
Deals on record
72,282
all-time · all property types
Source: CEA public transaction records, attributed to District 19across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
What bedroom types are available at Terrasse?
Terrasse has 39 units listed for sale, spanning 1–3-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 1-bedroom | 15 | S$828k–S$1000k | S$1,499 psf |
| 2-bedroom | 7 | S$1.43M–S$1.43M | — |
| 3-bedroom | 15 | S$2.15M–S$2.70M | S$1,793 psf |
| Unspecified | 2 | S$828k–S$828k | — |
Where is Terrasse and what's nearby?
Terrasse is located in Hougang, in the North-East Region of Singapore.
Terrasse is a 99-year condominium completed in 2014. It was developed by MCL LAND (SERANGOON) PTE LTD. The development has 414 residential units. It sits on a land area of 30,196 sqm and has a gross floor area of 42,274 sqm. The plot ratio is 1.4.
TERRASSE is located at 21 Terrasse Lane, Singapore 544774. It is part of District 19, Serangoon Garden / Hougang / Punggol, Hougang. The project falls within the North-East Region and the OCR market segment.
Nearby amenities include Hougang 1 for shopping, NTUC Fairprice Co-operative Ltd for groceries, and Parry Rd Pg for greenery and recreation.
Who built Terrasse and how big is the development?
Terrasse was developed by MCL LAND (SERANGOON) PTE LTD, designed by AGA ARCHITECTS PTE LTD, with 414 units.
- Developer
- MCL LAND (SERANGOON) PTE LTD
- Architect
- AGA ARCHITECTS PTE LTD
- Main contractor
- KEONG HONG CONSTRUCTION PTE LTD
- Blocks
- 9
- Land area
- 30,196 sqm (325,027 sqft)
- Gross floor area
- 42,274 sqm (455,033 sqft)
- Plot ratio
- 1.40
How far is Terrasse from MRT and schools?
5 schools are within 1 km, including 2 primary schools.
Schools nearby
Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Bowen Secondary SchoolSecondary schoolwithin 1 km223 m
- Rosyth SchoolPrimary schoolwithin 1 km · P1 priority545 m
- Xinmin Primary SchoolPrimary schoolwithin 1 km · P1 priority745 m
- Xinmin Secondary SchoolSecondary schoolwithin 1 km807 m
- Serangoon Garden Secondary SchoolSecondary schoolwithin 1 km872 m
- Hougang Primary SchoolPrimary school1.1 km
- Anderson Serangoon Junior CollegeJunior college1.2 km
- Hougang Secondary SchoolSecondary school1.2 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What does it cost to own a unit at Terrasse?
Buying a unit at Terrasse (~S$1.86M) needs about S$13,616/mo in income and S$6,264/mo in repayments, after S$62,600 stamp duty and a S$465k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.86M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$62,600
BSD, tiered
Downpayment (25%)
S$465k
cash + CPF
Monthly instalment
S$6,264/mo
30y @ 3.5%
Income required
S$13,616/mo
TDSR @ stress rate
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
Thinking about Terrasse? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Terrasse's own transactions.
PropKakiRecent units at Terrasse sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Terrasse
How much does a unit at Terrasse cost?⌄
Units at Terrasse have recently transacted around S$1.86M (S$1,522 psf), from 621 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Terrasse?⌄
For a unit around S$1.86M as a first home, you'd need roughly S$13,616/mo in income (assessed at the stress-test rate), with repayments near S$6,264/mo after a S$465k (25%) downpayment and S$62,600 Buyer's Stamp Duty.
Is Terrasse a good investment?⌄
Gross rental yield is about 1.8%, and current asking prices sit about 15% above the most recent transacted PSF; median PSF has risen about 40% since 2017. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.
Are prices at Terrasse going up?⌄
The median transacted PSF at Terrasse has risen about 40% between 2017 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Terrasse freehold or leasehold?⌄
Terrasse is 99-year, with approximately 83 years remaining on the lease.
When was Terrasse built and who developed it?⌄
Terrasse obtained TOP in 2014, developed by MCL LAND (SERANGOON) PTE LTD, with 414 units across 9 blocks.
How many units are for sale at Terrasse?⌄
There are 39 units for sale at Terrasse, from S$828k to S$2.70M.
Which primary schools are within 1 km of Terrasse?⌄
Rosyth School, Xinmin Primary School are within 1 km of Terrasse — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.