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Singapore Property News, Insights and Analysis

Completed 2014

Terrasse

D19 · Hougang / Punggol / Sengkang · 23 Terrasse Lane

A 414-unit condo in D19, completed in 2014, on a 99-year lease from 2010 with about 82 years left. Developed by Mcl Land (Serangoon) Pte Ltd.

Source: Condo master (URA caveats); URA transactions, Nov 2026

82 yrs
Lease left
$1,563
Avg $psf, 12 months
16
Sales, 12 months
2014
Completed
Terrasse

What brings you to Terrasse?

Buying here? Get a second opinion. 3-bedders here sold for $1.65M to $2.38M over the last 12 months. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

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Get a second opinion
02 — Prices

Terrasse prices

Last 12 months
16
Sales
$1,563
Average $psf
$1,089 – $1,787
$psf range
$828k – $2.88M
Price range
By bedroom type
Last 12 months
TypeSalesAvg $psfPrice rangeSize
1-Bedroom2 sales$1,538 psf$828k538 sq ft
2-Bedroom2 sales$1,651 psf$1.3M – $1.31M775–807 sq ft
3-Bedroom6 sales$1,627 psf$1.65M – $2.38M1,001–1,550 sq ft
4-Bedroom3 sales$1,377 psf$2.72M – $2.88M1,819–2,497 sq ft

Prices by bedroom type are based on matching sales to unit sizes.

By unit size
Last 12 months
SizeSalesAvg $psfAvg pricePrice range
500–699 sq ft2 sales$1,538 psfAvg $828k$828k
700–899 sq ft2 sales$1,651 psfAvg $1.31M$1.3M – $1.31M
900–1,099 sq ft3 sales$1,639 psfAvg $1.61M$1.42M – $1.75M
1,100–1,299 sq ft4 sales$1,645 psfAvg $1.94M$1.86M – $2.08M
1,300–1,599 sq ft2 sales$1,503 psfAvg $2.26M$2.14M – $2.38M
1,600–1,999 sq ft2 sales$1,521 psfAvg $2.81M$2.74M – $2.88M
2,000–2,499 sq ft1 sale$1,089 psf$2.72M
Average $psf by year
In 2025, sales here averaged $1,569 psf, 5% below the D19 average of $1,649 psf for private homes (condos, apartments and ECs).
This condoD19 average
Show as a table
YearThis condoD19 average
2026$1,566$1,703
2025$1,569$1,649
2024$1,396$1,788
2023$1,334$1,479
2022$1,235$1,402
2021$1,136$1,274
2020$1,078$1,276
2019$1,095$1,291
2018$1,130$1,181
2017$1,068$1,054
2016$1,042$1,011
2015$1,139$1,019
Sales by year
625 sales since 2011; the busiest year was 2011 with 322. The 2026 bar covers Jan–Nov.
New saleSub saleResale
Show as a table
YearNew saleSub saleResaleTotal
2026001515
2025001919
2024002121
2023001515
2022003131
2021002828
2020001313
2019001313
2018002222
2017001818
2016001212
201509110
20140505
20130101
2012800080
201132110322
Sales in the last two years
35 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
23 Oct 2026#05-XX538 sq ft · 1-Bedroom$828k$1,538 psfResale
8 Oct 2026#02-XX1,227 sq ft · 3-Bedroom$2.08M$1,695 psfResale
1 Oct 2026#02-XX538 sq ft · 1-Bedroom$828k$1,538 psfResale
10 Sep 2026#05-XX1,550 sq ft · 3-Bedroom$2.38M$1,535 psfResale
28 Jul 2026#02-XX1,152 sq ft · 3-Bedroom$1.94M$1,683 psfResale
5 Jun 2026#04-XX1,109 sq ft · 3-Bedroom$1.86M$1,678 psfResale
8 May 2026#05-XX1,453 sq ft$2.14M$1,471 psfResale
16 Apr 2026#03-XX980 sq ft$1.75M$1,787 psfResale
13 Apr 2026#04-XX775 sq ft · 2-Bedroom$1.3M$1,679 psfResale
10 Apr 2026#01-XX807 sq ft · 2-Bedroom$1.31M$1,623 psfResale
Show all 35 sales
Compared with nearby condos

Prices by bedroom type are based on matching sales to unit sizes.

Source: URA caveats, Nov 2026. The 2026 averages cover Jan–Nov.

03 — Rent

Terrasse rent

Leases starting Sep 2025–Aug 2026
69
Leases
$3,500
Median rent a month
$1.86M
Avg sale price, 12 months
2.3%
Est. gross yield

D19 median rent: $3,600 a month; est. gross yield 2.5%.

By bedroom type
TypeLeasesMedian rentMiddle halfD19 medianEst. yield
1-Bedroom8 leases$2,700 median$2,600 – $2,800D19 $2,850– yield
2-Bedroom43 leases$3,500 median$3,300 – $3,500D19 $3,500– yield
3-Bedroom15 leases$4,700 median$4,500 – $5,000D19 $4,3002.9% yield
4-Bedroom3 leases$6,300 median$5,800 – $6,350D19 $5,5002.7% yield
Rent and yield compared with nearby condos

Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Lease
82years left of 99
2010Ends 2109

99-year lease from 23 Aug 2010. About 82 years remain as of Nov 2026.

Source: Condo master (URA caveats)

05 — Unit mix

Terrasse floor plans by bedroom type

21 layouts, from a 506 sq ft 1-bedroom to a 2,497 sq ft 4-bedroom. Pick a type to see its floor plans.

Source: Developer floor plans; bedroom counts read by Stacked

06 — Location

Near Terrasse

MRT stations
NE Kovan 1.8 km · 21 min walk
NE Hougang 2.3 km · 27 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 1 km
Xinmin Primary School 520 m · 15 min walk
Rosyth SchoolPopular 640 m · 15 min walk
Hougang Primary SchoolPopular 960 m · 23 min walk
Within 2 km
Yio Chu Kang Primary School 1.2 km · 28 min walk
Montfort Junior School 1.3 km · 28 min walk
Zhonghua Primary School 1.4 km · 18 min walk
Holy Innocents' Primary SchoolPopular 1.7 km · 30 min walk
Xinghua Primary School 1.7 km · 27 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Park Luxus Hills Park 2.0 km · 24 min
Clinic Family Healthcare Clinic & Surgery 790 m · 10 min
Supermarket FairPrice 900 m · 11 min
Hawker centre Ci Yuan Hawker Centre 1.8 km · 21 min
Map of the area around Terrasse, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

07 — Nearby

Condos and supply around Terrasse

Source: URA transactions; URA land sales; OneMap distances, Nov 2026

08 — From Stacked

Read more about Terrasse

9 more articles mention Terrasse.

Source: Stacked Homes editorial

09 — FAQ

Questions about Terrasse

How many years are left on the lease at Terrasse?

About 82 years. It is a 99-year lease from 2010.

When was Terrasse completed?

2014.

How many units does Terrasse have?

414 units, up to five storeys.

What sizes are the 1-bedroom units?

506 to 657 sq ft across two layouts.

What is the price psf at Terrasse?

16 sales in the last 12 months averaged $1,563 psf, ranging from $1,089 to $1,787 psf.

What did the latest sale go for?

A 538 sq ft unit sold for $828k ($1,538 psf) on 23 Oct 2026.

How much is the rent at Terrasse?

Leases starting Sep 2025–Aug 2026 had a median rent of $3,500 a month ($2,700 for a 1-bedroom, $3,500 for a 2-bedroom and $4,700 for a 3-bedroom). That is an estimated gross yield of about 2.3%, before costs.

What is the nearest MRT station?

Kovan (NE), a 21-minute walk (1.8 km). Hougang (NE) is 2.3 km away.

Which primary schools are within 1 km?

Xinmin Primary School, 520 m away, Rosyth School, 640 m away and Hougang Primary School, 960 m away.

Who developed Terrasse?

Mcl Land (Serangoon) Pte Ltd.

Answers generated from the data on this page, Nov 2026