Terrasse
Terrasse is a 99-year condominium in District 19 (Hougang) that obtained TOP in 2014, with 414 units across 9 blocks. Across 626 transactions on record, units have recently transacted around S$1.75M (S$1,623 psf, ~1,001 sqft). There are 37 units for sale from S$820k to S$2.90M. The lease has approximately 83 years remaining.
| Tenure | 99-year leasehold from 2010 (≈83 years left) |
|---|---|
| TOP year | 2014 |
| Developer | MCL LAND (SERANGOON) PTE LTD |
| Units | 414 in 9 blocks |
| District and area | District 19 · Hougang · OCR |
| Latest median psf | S$1,623 psf, last 12 URA caveats to Oct 2026 |
What's for sale and for rent at Terrasse?
Terrasse has 37 units listed for sale, asking S$820k to S$2.90M (median S$1,777 psf), and 12 units for rent at a median of S$3,000 a month.
For sale
37 listings
S$820k – S$2.90M
For rent
12 listings
S$2,800 – S$5,000 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 1-bedroom | 16 | S$820k–S$1000k | S$1,522 psf |
| 2-bedroom | 7 | S$1.43M–S$1.60M | S$1,792 psf |
| 3-bedroom | 11 | S$2.15M–S$2.70M | S$1,866 psf |
| 4-bedroom | 3 | S$2.90M–S$2.90M | S$2,041 psf |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Terrasse?
PropKaki has 57 layouts on record for Terrasse, from 1 to 5 bedrooms (506 sqft to 2,497 sqft).
| Bedrooms | Layouts | Sizes |
|---|---|---|
| 1 Bedroom | 10 | 506 to 657 sq ft |
| 2 Bedroom | 8 | 732 to 958 sq ft |
| 3 Bedroom | 24 | 980 to 2,497 sq ft |
| 4 Bedroom | 13 | 1,335 to 1,884 sq ft |
| 5 Bedroom | 2 | 2,110 to 2,217 sq ft |
PropKaki holds 44 floor plans for Terrasse.
See Terrasse's floor plans — ask PropKaki.
Ask PropKakisqm ↔ sq ft converterLayouts digitised from developer brochures.
What is the price and PSF at Terrasse?
Units have recently transacted around S$1.75M (S$1,623 psf), at a gross rental yield of about 2.0% (URA caveat data).
Recent median price
S$1.75M
recent · 626 sales on record
Median PSF
S$1,623 psf
recent transactions
Median rent (monthly)
S$2,891
974 rentals on record
Gross rental yield
2.0%
indicative, gross
Units currently for sale are asking a median of S$1,777 psf — about 9% above the most recent transacted PSF.
Source: URA caveat data, through Oct 2026.
What has recently sold at Terrasse?
Terrasse has 626 recorded sales; the most recent transacted at S$828,000 in Oct 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Oct 2026 | S$828,000 | 538 | S$1,538 psf |
| Oct 2026 | S$2,080,000 | 1,227 | S$1,695 psf |
| Oct 2026 | S$828,000 | 538 | S$1,538 psf |
| Sept 2026 | S$2,380,000 | 1,550 | S$1,535 psf |
| Jul 2026 | S$1,938,000 | 1,152 | S$1,683 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 |
626 sales and 974 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$1.86M | 15 | -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.
Is Terrasse a good investment?
Of 221 units at Terrasse that were bought and later resold (bought from 2011, resold up to 2026), 100% sold for more than they were bought for, with a median gain of 18% over a median 8.3-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.0%. Units listed now ask about 9% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Sold for more than bought
100%
of 221 resales here
Median gain
18%
gross, before costs
Median hold
8.3 years
bought to resold
Every unit at Terrasse with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →
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.
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.
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
What does it cost to own a unit at Terrasse?
Buying a unit at Terrasse (~S$1.75M) needs about S$12,811/mo in income and S$5,894/mo in repayments, after S$57,100 stamp duty and a S$438k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.75M) 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$57,100
BSD, tiered
Downpayment (25%)
S$438k
cash + CPF
Monthly instalment
S$5,894/mo
30y @ 3.5%
Income required
S$12,811/mo
TDSR @ stress rate
How many property agents are active around Terrasse?
11,875 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
11,875
District 19 · closed ≥1 deal
Deals on record
74,158
all-time · all property types
Source: CEA public transaction records, attributed to District 19 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
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
Is Terrasse freehold?⌄
No. Terrasse is on a 99-year lease that started in 2010, with about 83 years left.
How old is Terrasse?⌄
Terrasse was completed (obtained TOP) in 2014, so it is about 12 years old.
Is Terrasse a good investment?⌄
Of 221 units at Terrasse that were bought and later resold (bought from 2011, resold up to 2026), 100% sold for more than they were bought for, with a median gain of 18% over a median 8.3-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.0%. Units listed now ask about 9% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Is Terrasse an EC?⌄
No. Terrasse is a private condominium, not an executive condominium (EC).
Who is the developer of Terrasse?⌄
Terrasse was developed by MCL LAND (SERANGOON) PTE LTD.
What is the price of a condo at Terrasse?⌄
Units at Terrasse have recently sold for around S$1.75M (S$1,623 psf), the median of the last 12 URA caveats to Oct 2026. The price depends on size, floor and facing. 37 units are listed for sale from S$820k to S$2.90M.
Where is Terrasse located?⌄
Terrasse is at 21 Terrasse Lane, Singapore 544774, in Hougang (District 19).
How many units are there in Terrasse?⌄
Terrasse has 414 units in 9 blocks.
How much do I need to earn to buy at Terrasse?⌄
For a unit around S$1.75M as a first home, you'd need roughly S$12,811/mo in income (assessed at the stress-test rate), with repayments near S$5,894/mo after a S$438k (25%) downpayment and S$57,100 Buyer's Stamp Duty.
Are prices at Terrasse going up?⌄
The median price per square foot at Terrasse has risen about 40% between 2017 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.
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 get priority in Primary 1 (P1) registration.