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23 Saraca Terrace

Terrace House · in Serangoon, District 28, Singapore · 99 yrs from 05/05/1997 · Completed 2002

Data through 1 October 2017

Intro: 23 Saraca Terrace is a terrace house located along Saraca Terrace within District 28 with a 99-year lease commencing on 5 May 1997. It was completed in 2002. So far it has been transacted a total of 2 times, amounting to $2.4M+ in total.

D28OCRNorth EastSerangoon
On this pageProject detailsPrices & transactionsRental trendsFAQs

23 Saraca Terrace project details

Street
Saraca Terrace
Property Type
Terrace
Completion
2002
Total Units
-1
Unit Size
3,307 sqft
Tenure
99 yrs from 05/05/1997
Lease Remaining
70 yrs
Postal Sector
80

23 Saraca Terrace price, PSF and transaction trends

50%
HDB Buyers
$2.4M+
Total Transacted
26-03-2001
First Transacted
04-02-2005
Last Transacted
2
Total Transactions

23 Saraca Terrace transaction volume

23 Saraca Terrace transaction volume000112001 · New Sale: 120012005 · Resale: 12005
New SaleSub SaleResale

Among the latest 2 recorded sales for 23 Saraca Terrace, the median price was S$1,215,000 and the median PSF was S$368 psf. The newest record shown is from 4 February 2005. The annual project median was 17.2% lower in 2005 than in 2001; unit mix can affect year-to-year comparisons.

Recent 23 Saraca Terrace transactions

DateSale typePricePSFSize
4 February 2005ResaleS$1,100,000S$333 psf3,307 sqft
26 March 2001New SaleS$1,330,000S$402 psf3,307 sqft

23 Saraca Terrace median transaction PSF (S$)

23 Saraca Terrace median transaction PSF (S$)01503004502001 · Median PSF: 40220012005 · Median PSF: 3332005

23 Saraca Terrace annual price trend

YearMedian priceMedian PSFRecorded sales
2005S$1,100,000S$333 psf1
2001S$1,330,000S$402 psf1
0.0%
% Profitable
0
Profitable
1
Unprofitable
0
> 6% Annualized
3.9 yrs
Avg Holding
-$230,000
Total Profits

23 Saraca Terrace annualized profit %

23 Saraca Terrace annualized profit %-6.0%-4.5%-3.0%-1.5%0.0%2005 · Average Annualized Profit: -4.8%2005
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23 Saraca Terrace rental prices and estimated yield

Past 1 month
0
No. of Rentals

Among the latest 10 recorded rental contracts for 23 Saraca Terrace, the median monthly rent was S$4,000, with records ranging from S$1,700 to S$5,300.

Recent 23 Saraca Terrace rental contracts

Lease dateBedroomsMonthly rentEst. PSFArea
1 October 2017—S$3,500S$1 psf2500-3000
1 April 2017—S$3,500S$1 psf2500-3000
1 March 2015—S$4,200S$2 psf2500-3000
1 November 2014—S$5,300S$2 psf2500-3000
1 March 2013—S$4,000S$1 psf2500-3000

23 Saraca Terrace rental volume

23 Saraca Terrace rental volume001222008 · Rentals: 120082009 · Rentals: 120092011 · Rentals: 120112012 · Rentals: 120122013 · Rentals: 120132014 · Rentals: 120142015 · Rentals: 120152017 · Rentals: 22017
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Frequently asked questions about 23 Saraca Terrace

How much do units at 23 Saraca Terrace cost?

The latest 2 recorded sales show a median price of S$1,215,000 and a median of S$368 psf. Actual prices vary by floor, size, facing, condition and sale date.

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

The latest recorded median monthly rent is S$4,000. Rental yield is indicative and can vary by unit and costs.

Is 23 Saraca Terrace freehold or leasehold?

23 Saraca Terrace has a tenure of 99 yrs from 05/05/1997.

When was 23 Saraca Terrace completed?

23 Saraca Terrace was completed in 2002.

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 October 2017. Figures are indicative and do not constitute financial advice.

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