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51 Saraca Terrace

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

Data through 13 June 2022

Intro: 51 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 4 times, amounting to $5.5M+ in total.

D28OCRNorth EastSerangoon
On this pageProject detailsPrices & transactionsRental trendsFAQs

51 Saraca Terrace project details

Street
Saraca Terrace
Property Type
Terrace
Completion
2002
Total Units
-1
Unit Size
1,904 sqft
Tenure
99 yrs from 05/05/1997
Lease Remaining
70 yrs
Postal Sector
80

51 Saraca Terrace price, PSF and transaction trends

0%
HDB Buyers
$5.5M+
Total Transacted
21-03-2001
First Transacted
13-06-2022
Last Transacted
4
Total Transactions

51 Saraca Terrace transaction volume

51 Saraca Terrace transaction volume000112001 · New Sale: 120012003 · Sub Sale: 120032011 · Resale: 120112022 · Resale: 12022
New SaleSub SaleResale

Among the latest 4 recorded sales for 51 Saraca Terrace, the median price was S$1,176,000 and the median PSF was S$618 psf. The newest record shown is from 13 June 2022. The annual project median was 132.7% higher in 2022 than in 2001; unit mix can affect year-to-year comparisons.

Recent 51 Saraca Terrace transactions

DateSale typePricePSFSize
13 June 2022ResaleS$2,330,000S$1,224 psf1,904 sqft
11 March 2011ResaleS$1,350,000S$709 psf1,904 sqft
21 April 2003Sub SaleS$850,000S$446 psf1,904 sqft
21 March 2001New SaleS$1,002,000S$526 psf1,904 sqft

51 Saraca Terrace median transaction PSF (S$)

51 Saraca Terrace median transaction PSF (S$)05001.0K1.5K2001 · Median PSF: 52620012003 · Median PSF: 44620032011 · Median PSF: 70920112022 · Median PSF: 1.2K2022

51 Saraca Terrace annual price trend

YearMedian priceMedian PSFRecorded sales
2022S$2,330,000S$1,224 psf1
2011S$1,350,000S$709 psf1
2003S$850,000S$446 psf1
2001S$1,002,000S$526 psf1
66.7%
% Profitable
2
Profitable
1
Unprofitable
1
> 6% Annualized
7.1 yrs
Avg Holding
$1.3M
Total Profits

51 Saraca Terrace annualized profit %

51 Saraca Terrace annualized profit %-10.0%-5.0%0.0%5.0%10.0%2003 · Average Annualized Profit: -7.6%20032011 · Average Annualized Profit: 6.0%20112022 · Average Annualized Profit: 5.0%2022
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51 Saraca Terrace rental prices and estimated yield

Past 1 month
0
No. of Rentals

Among the latest 10 recorded rental contracts for 51 Saraca Terrace, the median monthly rent was S$4,000, with records ranging from S$1,700 to S$5,300.

Recent 51 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

51 Saraca Terrace rental volume

51 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 51 Saraca Terrace

How much do units at 51 Saraca Terrace cost?

The latest 4 recorded sales show a median price of S$1,176,000 and a median of S$618 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at 51 Saraca Terrace?

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

Is 51 Saraca Terrace freehold or leasehold?

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

When was 51 Saraca Terrace completed?

51 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 13 June 2022. Figures are indicative and do not constitute financial advice.

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