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23 Nim Terrace

Terrace House · in Serangoon, District 28, Singapore · 99 yrs from 13/10/2016 · Completed 2019

Data through 1 March 2025

Intro: 23 Nim Terrace is a terrace house located along Nim Terrace within District 28 with a 99-year lease commencing on 13 October 2016. It was completed in 2019. So far it has been transacted a total of 2 times, amounting to $6.3M+ in total.

D28OCRNorth EastSerangoon
On this pageProject detailsPrices & transactionsRental trendsFAQs

23 Nim Terrace project details

Street
Nim Terrace
Property Type
Terrace
Completion
2019
Total Units
-1
Unit Size
1,615 sqft
Tenure
99 yrs from 13/10/2016
Lease Remaining
89 yrs
Postal Sector
80

23 Nim Terrace price, PSF and transaction trends

50%
HDB Buyers
$6.3M+
Total Transacted
16-05-2019
First Transacted
23-02-2023
Last Transacted
2
Total Transactions

23 Nim Terrace transaction volume

23 Nim Terrace transaction volume000112019 · New Sale: 120192023 · Resale: 12023
New SaleSub SaleResale

Among the latest 2 recorded sales for 23 Nim Terrace, the median price was S$3,148,000 and the median PSF was S$1,950 psf. The newest record shown is from 23 February 2023. The annual project median was 24.2% higher in 2023 than in 2019; unit mix can affect year-to-year comparisons.

Recent 23 Nim Terrace transactions

DateSale typePricePSFSize
23 February 2023ResaleS$3,488,000S$2,160 psf1,615 sqft
16 May 2019New SaleS$2,808,000S$1,739 psf1,615 sqft

23 Nim Terrace median transaction PSF (S$)

23 Nim Terrace median transaction PSF (S$)01.0K2.0K3.0K2019 · Median PSF: 1.7K20192023 · Median PSF: 2.2K2023

23 Nim Terrace annual price trend

YearMedian priceMedian PSFRecorded sales
2023S$3,488,000S$2,160 psf1
2019S$2,808,000S$1,739 psf1
100.0%
% Profitable
1
Profitable
0
Unprofitable
0
> 6% Annualized
3.8 yrs
Avg Holding
$680,000
Total Profits

23 Nim Terrace annualized profit %

23 Nim Terrace annualized profit %0.0%1.5%3.0%4.5%6.0%2023 · Average Annualized Profit: 5.9%2023
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23 Nim Terrace rental prices and estimated yield

Past 1 month
0
No. of Rentals

Among the latest 12 recorded rental contracts for 23 Nim Terrace, the median monthly rent was S$8,500, with records ranging from S$5,000 to S$11,000.

Recent 23 Nim Terrace rental contracts

Lease dateBedroomsMonthly rentEst. PSFArea
1 March 2025—S$8,600S$3 psf2500-3000
1 October 2024—S$9,000S$3 psf2500-3000
1 September 2024—S$8,500S$3 psf2500-3000
1 September 2024—S$8,500S$3 psf2500-3000
1 August 2024—S$9,000S$3 psf2500-3000

23 Nim Terrace rental volume

23 Nim Terrace rental volume023462019 · Rentals: 520192021 · Rentals: 220212022 · Rentals: 320222024 · Rentals: 420242025 · Rentals: 12025
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Frequently asked questions about 23 Nim Terrace

How much do units at 23 Nim Terrace cost?

The latest 2 recorded sales show a median price of S$3,148,000 and a median of S$1,950 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at 23 Nim Terrace?

The latest recorded median monthly rent is S$8,500. Rental yield is indicative and can vary by unit and costs.

Is 23 Nim Terrace freehold or leasehold?

23 Nim Terrace has a tenure of 99 yrs from 13/10/2016.

When was 23 Nim Terrace completed?

23 Nim Terrace was completed in 2019.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 1 March 2025. Figures are indicative and do not constitute financial advice.

Nearby properties within 1km

21 Nim Terrace (Nim Collection)21 Nim Terrace (Nim Collection)District 28Landed · 5 m away · Latest sale 28 April 20255 mAWAY14 Nim Rise (Nim Collection)14 Nim Rise (Nim Collection)District 28Landed · 39 m away · Latest sale 30 June 202539 mAWAY34 Nim Terrace (Nim Collection)34 Nim Terrace (Nim Collection)District 28Landed · 55 m away · Latest sale 21 May 202655 mAWAY43 Nim Rise (Nim Collection)43 Nim Rise (Nim Collection)District 28Landed · 61 m away · Latest sale 19 February 202561 mAWAY46 Nim Terrace (Nim Collection)46 Nim Terrace (Nim Collection)District 28Landed · 84 m away · Latest sale 22 October 202584 mAWAY154 Pollen Crescent (Pollen Collection Ii)154 Pollen Crescent (Pollen Collection Ii)District 28Landed · 105 m away · Latest sale 17 April 2026105 mAWAY225 Belgravia Drive (Belgravia Green)225 Belgravia Drive (Belgravia Green)District 28Landed · 109 m away · Latest sale 22 April 2025109 mAWAY60 Nim Terrace (Nim Collection)60 Nim Terrace (Nim Collection)District 28Landed · 122 m away · Latest sale 21 January 2025122 mAWAY13 Nim Rise (Nim Collection)13 Nim Rise (Nim Collection)District 28Landed · 133 m away · Latest sale 23 January 2025133 mAWAY297 Belgravia Drive (Belgravia Green)297 Belgravia Drive (Belgravia Green)District 28Landed · 166 m away · Latest sale 10 October 2025166 mAWAY351 Belgravia Drive (Belgravia Green)351 Belgravia Drive (Belgravia Green)District 28Landed · 200 m away · Latest sale 2 July 2026200 mAWAY
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