23 Serangoon Terrace

Terrace House · in Serangoon, District 19, Singapore · 99 yrs from 01/05/1993 · Completed 1997

Data through 1 August 2025

Intro: 23 Serangoon Terrace is a terrace house located along Serangoon Terrace within District 19 with a 99-year lease commencing on 1 May 1993. It was completed in 1997. So far it has been transacted a total of 4 times, amounting to $5.6M+ in total.

D19OCRNorth EastSerangoon

23 Serangoon Terrace project details

Street

Serangoon Terrace

Property Type

Terrace

Completion

1997

Total Units

-1

Unit Size

1,634 - 1,636 sqft

Tenure

99 yrs from 01/05/1993

Lease Remaining

66 yrs

Postal Sector

MRT and LRT stations near 23 Serangoon Terrace

Serangoon412 m MRTNE12CC13
Bartley544 m MRTCC12

See details on nearby stations

Primary schools near 23 Serangoon Terrace

Maris Stella High School635 m
Paya Lebar Methodist Girls' School (Primary)866 m
Yangzheng Primary School1,000 m

See details on nearby schools

23 Serangoon Terrace price, PSF and transaction trends

75%

HDB Buyers

$5.6M+

Total Transacted

10-07-1996

First Transacted

11-09-2020

Last Transacted

Total Transactions

23 Serangoon Terrace transaction volume

New SaleSub SaleResale

Among the latest 4 recorded sales for 23 Serangoon Terrace, the median price was S$1,491,500 and the median PSF was S$912 psf. The newest record shown is from 11 September 2020. The annual project median was 57.8% higher in 2020 than in 1996; unit mix can affect year-to-year comparisons.

Recent 23 Serangoon Terrace transactions

Date	Sale type	Price	PSF	Size
11 September 2020	Resale	S$1,825,000	S$1,117 psf	1,634 sqft
15 July 2013	Resale	S$1,880,000	S$1,151 psf	1,634 sqft
20 October 1998	Resale	S$770,000	S$471 psf	1,634 sqft
10 July 1996	New Sale	S$1,158,000	S$708 psf	1,636 sqft

23 Serangoon Terrace median transaction PSF (S$)

23 Serangoon Terrace annual price trend

Year	Median price	Median PSF	Recorded sales
2020	S$1,825,000	S$1,117 psf	1
2013	S$1,880,000	S$1,151 psf	1
1998	S$770,000	S$471 psf	1
1996	S$1,158,000	S$708 psf	1

33.3%

% Profitable

Profitable

Unprofitable

> 6% Annualized

8.1 yrs

Avg Holding

$667,000

Total Profits

23 Serangoon Terrace annualized profit %

View full details

23 Serangoon Terrace rental prices and estimated yield

Past 1 month

No. of Rentals

Among the latest 12 recorded rental contracts for 23 Serangoon Terrace, the median monthly rent was S$4,700, with records ranging from S$3,800 to S$11,800.

Recent 23 Serangoon Terrace rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 August 2025	—	S$11,600	S$4 psf	2500-3000
1 January 2023	—	S$11,800	S$4 psf	2500-3000
1 October 2020	—	S$7,000	S$3 psf	2500-3000
1 September 2019	—	S$7,000	S$3 psf	2500-3000
1 July 2018	—	S$6,000	S$2 psf	2500-3000

23 Serangoon Terrace rental volume

View full details

Frequently asked questions about 23 Serangoon Terrace

How much do units at 23 Serangoon Terrace cost?

The latest 4 recorded sales show a median price of S$1,491,500 and a median of S$912 psf. Actual prices vary by floor, size, facing, condition and sale date.

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

The latest recorded median monthly rent is S$4,700. Rental yield is indicative and can vary by unit and costs.

Is 23 Serangoon Terrace freehold or leasehold?

23 Serangoon Terrace has a tenure of 99 yrs from 01/05/1993.

When was 23 Serangoon Terrace completed?

23 Serangoon Terrace was completed in 1997.

Which MRT or LRT station is nearest to 23 Serangoon Terrace?

Serangoon is the nearest station shown, at an estimated straight-line distance of 412 metres.

Which primary schools are near 23 Serangoon Terrace?

The primary schools shown within the page’s one-kilometre search are Maris Stella High School (635 m), Paya Lebar Methodist Girls' School (Primary) (866 m), and Yangzheng Primary School (1,000 m). Distances are estimates and do not determine school-admission eligibility.

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 August 2025. Figures are indicative and do not constitute financial advice.