PropKaki
99-yearOCRDistrict 19 (Hougang)

Terrasse

Reviewed by Nathan TangUpdated 20 June 2026Data through May 2026 (URA)
Quick Summary

Terrasse is a 99-year condominium in District 19 (Hougang) that obtained TOP in 2014, with 414 units across 9 blocks. Units have recently transacted around S$1.75M (S$1,503 psf), from 620 sales on record. There are 25 units for sale from S$870k to S$2.70M. The lease has approximately 83 years remaining.

1

What are the key facts about Terrasse?

Key Takeaway

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$1,503 psf
Last transacted
May 2026
Remaining lease
≈ 83 years
2

What is the price and PSF at Terrasse?

Key Takeaway

Units have recently transacted around S$1.75M (S$1,503 psf), at a gross rental yield of about 2.0% (URA caveat data).

Recent median price

S$1.75M

recent · 620 sales on record

Median PSF

S$1,503 psf

recent transactions

Median rent (monthly)

S$2,864

932 rentals on record

Gross rental yield

2.0%

indicative, gross

Units currently for sale are asking a median of S$1,493 psf.

Source: URA caveat data, through May 2026.

3

What has recently sold at Terrasse?

Key Takeaway

Terrasse has 620 recorded sales; the most recent transacted at S$2,138,000 in May 2026 (URA caveat data).

DatePriceSize (sqft)PSF
May 2026S$2,138,0001,453S$1,471 psf
Apr 2026S$1,750,000980S$1,787 psf
Apr 2026S$1,300,888775S$1,679 psf
Apr 2026S$1,310,000807S$1,623 psf
Mar 2026S$2,720,0002,497S$1,089 psf
Mar 2026S$1,650,0001,001S$1,648 psf
Feb 2026S$1,420,000958S$1,482 psf
Feb 2026S$2,880,0001,873S$1,538 psf
Jan 2026S$2,735,0001,819S$1,503 psf
Dec 2025S$1,900,0001,249S$1,522 psf
Oct 2025S$2,620,0002,497S$1,049 psf
Oct 2025S$1,400,000958S$1,461 psf

620 sales and 932 rentals on record since May 2011. Source: URA.

4

What bedroom types are available at Terrasse?

Key Takeaway

Terrasse has 25 units listed for sale, spanning 1–3-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom9S$870k–S$1000kS$1,636 psf
2-bedroom11S$1.33M–S$1.43MS$1,493 psf
3-bedroom5S$2.15M–S$2.70MS$1,712 psf
5

Where is Terrasse and what's nearby?

Key Takeaway

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.

6

How far is Terrasse from MRT and schools?

Key Takeaway

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

Mall: Hougang 1 · 851 mSupermarket: NTUC Fairprice Co-operative Ltd · 473 mPark: Parry Rd Pg · 273 m

Straight-line distances from the development. Source: PropKaki amenities data.

7

What does it cost to own a unit at Terrasse?

Key Takeaway

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

8

Frequently asked questions about Terrasse

What is the price at Terrasse?

Units at Terrasse have recently transacted around S$1.75M (S$1,503 psf), from 620 sales on record (URA caveat data).

What is the PSF at Terrasse?

Units for sale at Terrasse are asking a median of about S$1,493 psf.

Is Terrasse freehold or leasehold?

Terrasse is 99-year, with approximately 83 years remaining on the lease.

When was Terrasse built?

Terrasse obtained TOP in 2014, developed by MCL LAND (SERANGOON) PTE LTD.

How many units are for sale at Terrasse?

There are 25 units for sale at Terrasse, from S$870k to S$2.70M.

What is the rental yield at Terrasse?

Gross rental yield at Terrasse is about 2.0%, based on median current rents and prices.

How many units are in Terrasse?

Terrasse has 414 units across 9 blocks.

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.

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