The Terrace

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

Note: This project has high transaction volume. For performance reasons, a default 5-year time frame has been selected. You may change this in the Report Options above
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 2
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Sale Price *

Average
S$ 1,277 psf
Range
S$ 1,031 - 1,386 psf

Rental Price **

Average
S$ 4.0 psf pm
Range
S$ 2.9 - 4.4 psf pm

Rental Yield **

3.8%

Rental income expressed as a percentage of the property's value.

Amenities

2.8
2.8

Convenience

4.5
4.5

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
The Terrace is a leasehold (99 yrs from 2013) executive condominium, condominium completed in 2017. It is developed by PEAK SQUARE PTE LTD and designed by DP ARCHITECTS PTE LTD. The development occupies a land area of 24,084 sqm and a Gross Floor Area of 81,886 sqm. It consists of 747 units. According to records, buyers of this development are Singaporean 96.1%, PR 3.9%, Foreigner 0.0%, Company 0.0%.

THE TERRACE is located along Edgedale Plains in Punggol, in District 19. It is accessible through the nearest MRTs including Punggol NE17, PTC and Sengkang STC, NE16.

Based on transaction data in the last 12 months, sale prices range from S$ 1,031 psf to S$ 1,386 psf at an average of S$ 1,277 psf. Its highest recorded transaction was S$ 1,401 psf in Sep 2022 for a 1,313-sqft unit. Its lowest recorded transaction was S$ 716 psf in Jun 2015 for a 1,313-sqft unit. Its current rental yield is at 3.8%. Other nearby amenities include: 3 Grocerie(s): SHENG SIONG SUPERMARKET PTE LTD, ANG MO SUPERMARKET PTE LTD, HAO MART PTE. LTD..

Buyers and tenants are attracted to District 19, which is comprised of Hougang, Punggol, Sengkang and Serangoon Gardens. These four areas are mostly residential with recreational and commercial amenities. Hougang is the largest HDB town in Singapore based on land area. Private houses can be found in the Lorong Ah Soo and Rosyth areas. Originally comprised of forests and pig-rearing farms, Hougang has evolved into a vibrant residential area with a wide array of amenities. These include a number of shopping malls, Hougang Sports Hall, and a bus interchange with a range of bus services to other parts of Singapore. Punggol is a relatively new residential estate in Singapore's North-East Region. Historically a fishing village resided by Malay settlers, Punggol is now a vibrant mix of residential developments and nature. Residents can leisurely cycle along the 4.2km-long Punggol Waterway or head to Coney Island, a 133ha island popular for jet skiing and camping. Sengkang has experienced rapid development since its early days as a fishing village. It is now a satellite residential town with a well-developed LRT system offering access to different parts of Sengkang. Sengkang also offers a wide array of work and play amenities, with the main shopping mall Compass One being Singapore's first thematic shopping centre based on the theme of learning.

The North-East Region is the second largest and most densely populated of the five regions in Singapore, with Sengkang being its most populous town. Spanning 13,810ha, the North-East Region is mainly a residential region and housing estate largely comprised of HDB flats. In addition to a myriad of amenities including hospitals, parks, schools and transport options, the region is also home to a few tourist attractions such as Pulau Ubin and Coney Island. Seletar Aerospace Park, which comprises of several aviation manufacturing and research facilities by companies such Rolls-Royce and Singapore Technologies Aerospace, provide employment opportunities to residents both within and beyond the region. Sengkang General Hospital, a 1000-bed hospital, is the largest in the region and is built to further the government's efforts to provide quality and accessible healthcare to all Singaporeans.
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What they say
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4.8
"Super convenient place to live for transport, food and lifestyle. The Terrace is flanked by Kadaloor LRT (5 min ride to Punggol MRT Station) and the Punggol Park Connector along the waterway both at the doorstep of two back gate exits. Great for people who love jogging, cycling, strolls with family alongside a lively peaceful river. The Terrace is surrounded by 3 supermarkets Shengsiong (24 hours), NTUC Fairprice, and Ang Mo Supermarket. Lush landscaping, generously spacious common areas equipped with a number of multifunction rooms, a large manmade beach pool, sleek origami pool, steam room and karaoke room make it safe and enjoyable for families with children to hang out without feeling cramped. The Terrace is 100% a family friendly condo and more. The units are all adequately spacious, unlike most condominiums new on the market these days. The sprawling waterway PCN makes walking or cycling to Waterway Point, the trendy Punggol Container Park, Sengkang Riverside Park or Hougang an easy and fun daily or weekend activity. The security guards and friendly, always say hello, and helpful to any requests! It's easy to call them for any assistance from your phone at any time. "
H*********e@gmail.com
Owner     |   19 Mar 2022
5
"1st E.C. using High Technology Security System. Well done. More like a Resort with 4 pools. Clean & cosy environment."
Y***** A**
Google Review     |   10 Apr 2022
4
"Oasis food court. Service OK but can be improved."
L** S*****
Google Review     |   16 Feb 2022
1
"If able to rate 0 star i would...1 of the worst condo i been to. As a food panda delivery, with 2 carton of beer i was asked by guard to park next to entrance and carry items and walk all the way in to block 92 which was the last block right at the end......worst experience in my life"
C******** L**
Google Review     |   30 Jan 2022
5
"Awesome EC Swimming pool was Great. Well guarded by Security."
H******* H****
Google Review     |   27 Dec 2021
4
"Not bad I live there"
C******* O**
Google Review     |   26 Sep 2021
Live Here? Tell us more
Write a review
Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

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Floor Plans
80
1
2

THE TERRACE - 80 - 1 - 2

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of THE TERRACE (Limited to 10)

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Area(sqft)
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Price(S$ psf)
Price (S$)
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Address
Type of Area
Purchaser Address
Source

Asking Price of THE TERRACE

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
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0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of THE TERRACE

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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thumb-images
10
$1,980,000

    • 4 beds
    • 3 baths
    • Executive Condominium
    • D19
    • 2017
    • 99 years
    • S$ 1,510 psf
    • Edgedale Plains
    James Tan
    send_enquiry
    thumb-images
    10
    $1,450,000

      • 3 beds
      • 2 baths
      • Executive Condominium
      • D19
      • 2017
      • 99 years
      • S$ 1,350 psf
      • Edgedale Plains
      Benson Goh
      send_enquiry
      thumb-images
      10
      $1,280,000

        • 3 beds
        • 2 baths
        • Executive Condominium
        • D19
        • 2017
        • 99 years
        • S$ 1,280 psf
        • Edgedale Plains
        Stella Tan
        send_enquiry
        thumb-images
        10
        $1,500,000

          • 3 beds
          • 3 baths
          • Executive Condominium
          • D19
          • 2017
          • 99 years
          • S$ 1,390 psf
          • Edgedale Plains
          Adrian Chay
          send_enquiry
          thumb-images
          10
          $1,380,000

            • 3 beds
            • 3 baths
            • Executive Condominium
            • D19
            • 2017
            • 99 years
            • S$ 1,380 psf
            • Edgedale Plains
            Jeffrey Pang
            send_enquiry
            thumb-images
            10
            $2,280,000

              • 4 beds
              • 4 baths
              • Executive Condominium
              • D19
              • 2017
              • 99 years
              • S$ 1,580 psf
              • Edgedale Plains
              RACHEL LAU S Y
              send_enquiry
              thumb-images
              10
              $1,430,000

                • 3 beds
                • 2 baths
                • Executive Condominium
                • D19
                • 2017
                • 99 years
                • S$ 1,330 psf
                • Edgedale Plains
                JAIBIN JAIBIN
                send_enquiry
                thumb-images
                10
                $2,100,000

                  • 4 beds
                  • 4 baths
                  • Executive Condominium
                  • D19
                  • 2017
                  • 99 years
                  • S$ 1,460 psf
                  • Edgedale Plains
                  Ashlyn Aw
                  send_enquiry
                  thumb-images
                  10
                  $1,550,000

                    • 3 beds
                    • 2 baths
                    • Executive Condominium
                    • D19
                    • 2017
                    • 99 years
                    • S$ 1,550 psf
                    • Edgedale Plains
                    Shawn Lim
                    send_enquiry
                    thumb-images
                    12
                    $1,360,000

                      • 3 beds
                      • 2 baths
                      • Executive Condominium
                      • D19
                      • 2017
                      • 99 Years
                      • S$ 1,260 psf
                      • Edgedale Plains
                      Warren Chan
                      send_enquiry

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                      Property News

                      LOCATION SCAN: SIT’s new campus in Punggol

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