Terrasse prices and homes for sale

13 homes for sale in Terrasse, from S$828,000. URA recorded 16 sales in the 12 months to Nov 2026, median S$1,538 psf. 99-year lease from 2010.

13 live listings · average price S$1,472,615 · average S$1,674 psf.

About Terrasse

Condominium · 99-year lease from 2010 · District 19 · Terrasse Lane

16 sales recorded by URA from Dec 2025 to Nov 2026, median S$1,538 psf across all unit sizes.

Contains information from Private Residential Property Transactions accessed from the URA Data Service, which is made available under the terms of the Singapore Open Data Licence version 1.0.

In the 12 months to Nov 2026, resale prices at Terrasse showed no clear change from the 12 months before, comparing 7 unit types (same size, same floor band) that resold in both years. The likely range is −0.1% to +7.1%. Across private flats and condos in the Outside Central Region, the same comparison gives +2.1%.

How resale prices have moved at Terrasse: each 12 months against the 12 before, same unit sizes on the same floors (resales recorded by URA)
12 months toChangeLikely rangeUnit types compared
Nov 2026+0.7%−0.1% to +7.1%7
Nov 2025+9.9%+6.3% to +10.1%7
Nov 2024+2.4%−4.3% to +6.8%6
Nov 2023+7.1%+5.2% to +18.7%7

A unit type is one floor area on one URA floor band in this development. URA does not publish unit numbers, so these are homes of the same size on similar floors, not the same home sold twice. Only resales are counted: new launches sell at the developer's price list. A year with fewer than 5 matching unit types shows no figure. The range is where the true change most likely sits (an 80% interval); we only say higher or lower when the whole range is on one side of zero. Prices are as recorded, not adjusted for inflation or the lease getting shorter. This describes the past and is not a forecast.

Median price per sq ft against nearby developments, Dec 2025 to Nov 2026 (at least 5 sales)
DevelopmentSalesMedian psf
Terrasse16S$1,538
The Waterline6S$1,469
Affinity At Serangoon68S$1,840
Hundred Palms Residences37S$1,996

Nearby developments

Terrasse at Hougang: Low-Rise Living Near the Cross Island Line

Updated 2026-10-31

Terrasse is a 414-unit low-rise condominium by MCL Land on a three-hectare site between Serangoon Gardens and Hougang. With the Cross Island Line's Serangoon North station roughly 530 metres away and due to open around 2030, the estate is set to gain direct rail access for the first time.

What is Terrasse and where is it?

Terrasse is a 99-year leasehold condominium at 21 to 33 Terrasse Lane, off Yio Chu Kang Road in District 19. Completed in 2014 by MCL Land, the development comprises 414 units spread across eight five-storey blocks on a roughly three-hectare site. The low-rise format is unusual for a development of this size in the area, and the generous land plot allows for landscaped grounds, three clubhouses and a 50-metre lap pool.

The estate sits in the stretch between Serangoon Gardens and Hougang, a largely residential pocket lined with landed homes and older HDB blocks. Serangoon Gardens itself, with its well-known food centre and village-style shophouses along Maju Avenue and Burghley Drive, is a short drive or bus ride away.

Where is 33 Terrasse Lane?

33 Terrasse Lane is one of the eight blocks within the Terrasse condominium, with the postal code 544780. The block has five storeys and contains 50 units. All blocks in the development share the same facilities, access roads and security, so there is no practical distinction between addresses within the estate beyond unit orientation and facing.

The lane itself is a short cul-de-sac branching off Yio Chu Kang Road. It is not a through road, which keeps traffic within the estate to residents and their visitors.

Transport: current access and the Cross Island Line

The nearest operating MRT station is Kovan on the North East Line (NE13), about 1.2 kilometres to the south. That is a 15-minute walk or a short bus ride along Yio Chu Kang Road. Kovan connects to the city centre via Dhoby Ghaut in roughly 20 minutes.

The bigger change ahead is the Cross Island Line. Serangoon North station (CR9) is planned approximately 530 metres from the development and is part of CRL Phase 1, targeted for completion around 2030. Tavistock station (CR10) will be roughly 1.6 kilometres away. Once operational, the Cross Island Line will run east-west across the island, connecting Changi, Pasir Ris, Hougang, Ang Mo Kio and Jurong Lake District without transfers. For Terrasse residents, this would cut commute times considerably compared to the current bus-to-Kovan route.

Housing stock and prices at Terrasse

There are currently 13 live listings on Hombble for Terrasse, all condominium units. The average asking price is S$1,472,615, with an average unit size of 860 square feet and an average asking rate of S$1,674 per square foot. The development offers a range of configurations from one-bedroom to four-bedroom units, with sale prices across the market generally ranging from around S$680,000 to S$2,350,000.

Recent transaction data from the past twelve months shows prices between roughly S$1,049 and S$1,843 per square foot, reflecting the spread between older resale units and larger or higher-floor configurations. Compared to station-adjacent condominiums in District 19, Terrasse has historically traded at a discount, largely because of the 1.2-kilometre walk to Kovan MRT. The upcoming Serangoon North station should narrow that gap once it opens.

Schools and daily amenities

Families with primary-school-age children have several options within the one-kilometre priority enrolment radius, including Rosyth School, Hougang Primary School and Xinmin Primary School. Within two kilometres, the catchment widens to include CHIJ Our Lady of Good Counsel, Holy Innocents' Primary School, Montfort Junior School and Paya Lebar Methodist Girls' School (Primary). Secondary schools in the area include Xinmin Secondary School, Bowen Secondary School and Hougang Secondary School.

For daily shopping and dining, the closest options are Hougang 1, a mid-sized mall roughly 1.5 kilometres to the north-east, and Heartland Mall at Kovan, near the MRT station. myVillage at Serangoon Garden, a smaller lifestyle mall anchored by a Cold Storage supermarket, is a short drive south-west. The Serangoon Gardens food centre, popular for its local hawker stalls, is within the same neighbourhood.

Outlook for Terrasse

The single biggest factor in Terrasse's near-term outlook is the Cross Island Line. A station within walking distance would remove the development's main disadvantage, the lack of convenient rail access, and bring it closer in practical terms to the connectivity that buyers in District 19 typically expect. Between now and 2030, pricing may begin to reflect that expectation as construction progresses and station locations become more visible on the ground.

The development's low-rise layout, large site area and mature landscaping are qualities that are difficult to replicate in newer launches, where land costs typically push developers toward higher density. For buyers who prefer a quieter residential environment over a high-rise tower, Terrasse offers a combination of space and upcoming connectivity that few comparable projects in the Hougang-Serangoon corridor can match.

Listings in Terrasse

Frequently asked questions

How many homes are for sale in Terrasse?

Hombble currently has 13 live listings in Terrasse, including 13 condo. The count updates as homes are listed and sold.

What is the average asking price in Terrasse?

The average asking price across current listings in Terrasse is about S$1,472,615. Average asking price per square foot is about S$1,674 psf. Individual homes vary widely with size, tenure, and condition.

Related neighbourhoods

Related MRT areas

Before you buy here

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