3 Saraca Terrace

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

Data through 22 March 2021

Intro: 3 Saraca Terrace is a semi-detached 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 $3.0M+ in total.

D28OCRNorth EastSerangoon

3 Saraca Terrace project details

Street

Saraca Terrace

Property Type

Semi-Detached

Completion

2002

Total Units

-1

Unit Size

2,603 - 2,604 sqft

Tenure

99 yrs from 05/05/1997

Lease Remaining

70 yrs

Postal Sector

3 Saraca Terrace price, PSF and transaction trends

50%

HDB Buyers

$3.0M+

Total Transacted

12-03-2001

First Transacted

22-03-2021

Last Transacted

Total Transactions

3 Saraca Terrace transaction volume

New SaleSub SaleResale

Among the latest 2 recorded sales for 3 Saraca Terrace, the median price was S$1,494,000 and the median PSF was S$574 psf. The newest record shown is from 22 March 2021. The annual project median was 64.5% higher in 2021 than in 2001; unit mix can affect year-to-year comparisons.

Recent 3 Saraca Terrace transactions

Date	Sale type	Price	PSF	Size
22 March 2021	Resale	S$1,858,000	S$714 psf	2,603 sqft
12 March 2001	New Sale	S$1,130,000	S$434 psf	2,604 sqft

3 Saraca Terrace median transaction PSF (S$)

3 Saraca Terrace annual price trend

Year	Median price	Median PSF	Recorded sales
2021	S$1,858,000	S$714 psf	1
2001	S$1,130,000	S$434 psf	1

100.0%

% Profitable

Profitable

Unprofitable

> 6% Annualized

20.0 yrs

Avg Holding

$728,000

Total Profits

3 Saraca Terrace annualized profit %

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3 Saraca Terrace rental prices and estimated yield

Past 1 month

No. of Rentals

Among the latest 10 recorded rental contracts for 3 Saraca Terrace, the median monthly rent was S$4,000, with records ranging from S$1,700 to S$5,300.

Recent 3 Saraca Terrace rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 October 2017	—	S$3,500	S$1 psf	2500-3000
1 April 2017	—	S$3,500	S$1 psf	2500-3000
1 March 2015	—	S$4,200	S$2 psf	2500-3000
1 November 2014	—	S$5,300	S$2 psf	2500-3000
1 March 2013	—	S$4,000	S$1 psf	2500-3000

3 Saraca Terrace rental volume

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Frequently asked questions about 3 Saraca Terrace

How much do units at 3 Saraca Terrace cost?

The latest 2 recorded sales show a median price of S$1,494,000 and a median of S$574 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at 3 Saraca Terrace?

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

Is 3 Saraca Terrace freehold or leasehold?

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

When was 3 Saraca Terrace completed?

3 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 22 March 2021. Figures are indicative and do not constitute financial advice.