23 Nim Terrace
Terrace House · in Serangoon, District 28, Singapore · 99 yrs from 13/10/2016 · Completed 2019
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.
23 Nim Terrace project details
23 Nim Terrace price, PSF and transaction trends
23 Nim Terrace transaction volume
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
| Date | Sale type | Price | PSF | Size |
|---|---|---|---|---|
| 23 February 2023 | Resale | S$3,488,000 | S$2,160 psf | 1,615 sqft |
| 16 May 2019 | New Sale | S$2,808,000 | S$1,739 psf | 1,615 sqft |
23 Nim Terrace median transaction PSF (S$)
23 Nim Terrace annual price trend
| Year | Median price | Median PSF | Recorded sales |
|---|---|---|---|
| 2023 | S$3,488,000 | S$2,160 psf | 1 |
| 2019 | S$2,808,000 | S$1,739 psf | 1 |
23 Nim Terrace annualized profit %
23 Nim Terrace rental prices and estimated yield
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 date | Bedrooms | Monthly rent | Est. PSF | Area |
|---|---|---|---|---|
| 1 March 2025 | — | S$8,600 | S$3 psf | 2500-3000 |
| 1 October 2024 | — | S$9,000 | S$3 psf | 2500-3000 |
| 1 September 2024 | — | S$8,500 | S$3 psf | 2500-3000 |
| 1 September 2024 | — | S$8,500 | S$3 psf | 2500-3000 |
| 1 August 2024 | — | S$9,000 | S$3 psf | 2500-3000 |
23 Nim Terrace rental volume
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.
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