Condo profile

Terrasse: what your unit is worth and what it rents for

Terrasse Lane · District 19 · Outside Central Region

A 99-year leasehold condo, a 22-minute walk from Kovan MRT. Over the last 12 months, units here averaged $1,563 psf and leased at a median of $3,500 a month.

$1,563Avg psf, last 12 months
16Sales, last 12 months
$3,500Median rent a month
3.0%Est. gross yield

Data refreshed 12 Nov 2026 Sales: URA caveats · Rentals: URA rental contracts · Refreshed weekly

How much is my Terrasse unit worth?

Based on 16 resale transactions in the last 12 months (URA):

  • 1-Bedroom · 538 sq ft$828kavg $1,538 psf · 2 sales
  • 2-Bedroom · 775–958 sq ft$1.30M – $1.42Mavg $1,595 psf · 3 sales
  • 3-Bedroom · 980–1,550 sq ft$1.65M – $2.38Mavg $1,627 psf · 8 sales
  • 4-Bedroom · 1,819–1,873 sq ft$2.74M – $2.88Mavg $1,521 psf · 2 sales
  • Penthouse · 2,497 sq ft$2.72Mavg $1,089 psf · 1 sale

These are recent sale ranges, not a valuation. Floor, facing and condition move a unit within the range.

Get a valuation for my unit

How much can I rent out my Terrasse unit?

Based on 76 rental contracts in the last 12 months (URA):

  • 1-Bedroom$2,600 – $2,800 a monthmedian $2,725 · 10 leases
  • 2-Bedroom$3,300 – $3,500 a monthmedian $3,450 · 45 leases
  • 3-Bedroom$4,500 – $4,800 a monthmedian $4,700 · 17 leases
  • 4-Bedroom$6,175 – $6,563 a monthmedian $6,325 · 4 leases

Ranges show the middle half of leases. Furnishing, floor and lease timing move the rent you can ask.

Check my asking rent

01 · Key facts

Terrasse at a glance

Tenure99-year leasehold from 2010
Remaining leaseAbout 83 years
District / regionD19 · Outside Central Region

Source: URA, developer records. Lease remaining recalculated on each refresh.

02 · Melvin's view

Who this suits, and the trade-offs

Terrasse is a condominium on Terrasse Lane in District 19, on a 99-year lease from 2010 with about 83 years left. Resales on record run from one-bedroom units of about 500 sq ft to a few large units of about 1,800 to 2,500 sq ft, and the three-bedroom was the most traded layout in the last 12 months. Kovan MRT is the nearest station, around a 22-minute walk. If you own a unit, compare recent resales of the same size and floor band before setting an asking price.

Works well for

  • Landlords weighing one- and two-bedroom layouts
  • Owners comparing the large units against the smaller plans

Worth weighing

  • The closest MRT station is about a 22-minute walk
  • Sizes range widely, so compare the exact floor area, not the average psf

Melvin Tan · ERA Realty Network · CEA R026686A

03 · Sale prices

What Terrasse units have sold for

Last 12 months · 16 caveats lodged

TypeSalesAvg psfPrice rangeSize
1-Bedroom 2 $1,538 $828k 538 sq ft
2-Bedroom 3 $1,595 $1.30M – $1.42M 775–958 sq ft
3-Bedroom 8 $1,627 $1.65M – $2.38M 980–1,550 sq ft
4-Bedroom 2 $1,521 $2.74M – $2.88M 1,819–1,873 sq ft
Penthouse 1 $1,089 $2.72M 2,497 sq ft

Bedroom type matched by unit size, using the bedroom counts URA records for the same sizes in rental contracts.

Average psf by year

Terrasse resale transactions

2021 covers Nov–Dec only, the start of the URA feed. 2026 covers Jan–Oct.

Price spread, last 12 months

Lowest to highest psf transacted

$1,089Avg $1,563$1,787

Floor, facing and unit size explain most of the gap. A unit's own value can sit anywhere in this band.

Where does my stack sit? →

Recent transactions

Newest first · URA reports month only · floor shown as a band
Oct 2026538 sq ft · Floor 01-05
$828k$1,538 psf · Resale
Oct 20261,227 sq ft · Floor 01-05
$2.08M$1,695 psf · Resale
Oct 2026538 sq ft · Floor 01-05
$828k$1,538 psf · Resale
Sep 20261,550 sq ft · Floor 01-05
$2.38M$1,535 psf · Resale
Jul 20261,152 sq ft · Floor 01-05
$1.94M$1,683 psf · Resale
Jun 20261,109 sq ft · Floor 01-05
$1.86M$1,678 psf · Resale
May 20261,453 sq ft · Floor 01-05
$2.14M$1,471 psf · Resale
Apr 2026807 sq ft · Floor 01-05
$1.31M$1,623 psf · Resale
DateFloorSizePricepsfType
Oct 202601-05538 sq ft$828k$1,538Resale
Oct 202601-051,227 sq ft$2.08M$1,695Resale
Oct 202601-05538 sq ft$828k$1,538Resale
Sep 202601-051,550 sq ft$2.38M$1,535Resale
Jul 202601-051,152 sq ft$1.94M$1,683Resale
Jun 202601-051,109 sq ft$1.86M$1,678Resale
May 202601-051,453 sq ft$2.14M$1,471Resale
Apr 202601-05807 sq ft$1.31M$1,623Resale

108 transactions recorded since Nov 2021

Source: URA private residential transactions (caveats lodged). Excludes transactions without caveats.

04 · Rent

What Terrasse units lease for

Leases in the last 12 months · 76 contracts

TypeLeasesMedian rentMiddle halfEst. gross yield
1-Bedroom 10 $2,725 $2,600 – $2,800 Too few sales
2-Bedroom 45 $3,450 $3,300 – $3,500 3.1%
3-Bedroom 17 $4,700 $4,500 – $4,800 2.9%
4-Bedroom 4 $6,325 $6,175 – $6,563 Too few sales

How to read the yield

A year of median rent over the average sale price of the same period, before tax, maintenance and vacancy.

Own a unit here? Check your asking rent →

Source: URA private residential rental contracts. Bedroom count is taken from the rental contract. No yield is shown where there were fewer than 3 sales.

05 · Lease

Lease remaining

~83 years left of 99

Lease from 2010Ends 2109

Remaining lease affects how much CPF can be used and the loan tenure available. Check with CPF Board and the bank for your own ages.

06 · Location

Getting around

RailKovan MRT (NE13)1808 m · 22 min
1–2 kmCHIJ Our Lady Of Good Counsel1.9 km · 31 min walk
1–2 kmHoly Innocents' Primary School1.9 km · 30 min walk
1–2 kmHougang Primary School1.1 km · 24 min walk
1–2 kmMontfort Junior School1.5 km · 28 min walk
≤ 1 kmRosyth School528 m · 16 min walk
1–2 kmXinghua Primary School1.9 km · 28 min walk
≤ 1 kmXinmin Primary School741 m · 16 min walk
1–2 kmYio Chu Kang Primary School1.4 km · 28 min walk
1–2 kmZhonghua Primary School1.2 km · 18 min walk

Walking routes and times from OneMap, measured from Terrasse Lane. School bands use straight-line distance from Terrasse Lane; your own block may differ, so confirm with MOE before P1 registration. School list: MOE via data.gov.sg.

07 · Nearby

Compared with condos around it

Private condos nearby, last 12 months · URA data, same method

This condo

Terrasse

Condominium · 99-yr from 2010

$1,563avg psf
$3,500median rent

Closest with a page

Affinity at Serangoon

570 m · Apartment · 99-yr from 2018

$1,815avg psf
$3,000median rent

The Garden Residences

860 m · Apartment · 99-yr from 2017

$1,877avg psf
$3,100median rent

The Florence Residences

1.0 km · Apartment · 99-yr from 2018

$1,895avg psf
$3,300median rent

Source: URA transactions and rental contracts.

08 · FAQ

Questions about Terrasse

How much is my Terrasse unit worth?

Over the last 12 months, 1-Bedroom units sold for $828k; 2-Bedroom units sold for $1.30M to $1.42M; 3-Bedroom units sold for $1.65M to $2.38M; 4-Bedroom units sold for $2.74M to $2.88M; Penthouse units sold for $2.72M, based on 16 URA-recorded resale transactions averaging $1,563 psf. Floor, facing and condition move a unit within these ranges, so ask for a valuation of your own stack.

How much can I rent out my Terrasse unit?

Most leases in the last 12 months fell in these monthly ranges: 1-Bedroom $2,600 to $2,800; 2-Bedroom $3,300 to $3,500; 3-Bedroom $4,500 to $4,800; 4-Bedroom $6,175 to $6,563. The overall median was $3,500 a month across 76 URA-recorded contracts.

What is the average psf at Terrasse?

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

What did the latest unit sell for?

A 538 sq ft unit on floors 01-05 sold for $828k ($1,538 psf) in Oct 2026.

How many years are left on the lease?

About 83 years. It is a 99-year lease from 2010, ending in 2109.

What is the nearest train station?

Kovan MRT (NE13), about a 22-minute walk (1808 m).

Which primary schools are within 1 km?

Rosyth School (528 m), Xinmin Primary School (741 m), measured straight-line from Terrasse Lane. Confirm the distance for your block with MOE.

About this data

Sale and rental figures contain information from the URA Data Service, processed by Melvin Tan Property. Walking routes from OneMap; school list from MOE via data.gov.sg. URA publishes caveats and rental contracts with a lag, so the latest weeks may be incomplete. Figures are indicative, not a valuation, and do not predict future prices. Please verify before making any decision.