56 Nim Terrace

Terrace House · in Serangoon, District 28, Singapore · 99 yrs from 13/10/2016 · Completed 2019

Data through 2 October 2026

Intro: 56 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 $6.9M+ in total.

D28 OCR North East Serangoon

Annual Returns

Avg annualized profit (past 1y)

4.4%

56 Nim Terrace project details

Street

Nim Terrace

Property Type

Terrace

Completion

2019

Total Units

-1

Unit Size

1,679 - 1,687 sqft

Tenure

99 yrs from 13/10/2016

Lease Remaining

89 yrs

Postal Sector

Primary schools near 56 Nim Terrace

Fernvale Primary School1,000 m
Hougang Primary School1,000 m
Jing Shan Primary School1,000 m

See details on nearby schools

56 Nim Terrace price, PSF and transaction trends

50%

HDB Buyers

$6.9M+

Total Transacted

25-05-2019

First Transacted

02-10-2026

Last Transacted

Total Transactions

56 Nim Terrace transaction volume

New SaleSub SaleResale

Among the latest 2 recorded sales for 56 Nim Terrace, the median price was S$3,440,000 and the median PSF was S$2,044 psf. The newest record shown is from 2 October 2026. The annual project median was 36.7% higher in 2026 than in 2019; unit mix can affect year-to-year comparisons.

Recent 56 Nim Terrace transactions

Date	Sale type	Price	PSF	Size
2 October 2026	Resale	S$3,980,000	S$2,360 psf	1,687 sqft
25 May 2019	New Sale	S$2,900,000	S$1,727 psf	1,679 sqft

56 Nim Terrace median transaction PSF (S$)

56 Nim Terrace annual price trend

Year	Median price	Median PSF	Recorded sales
2026	S$3,980,000	S$2,360 psf	1
2019	S$2,900,000	S$1,727 psf	1

100.0%

% Profitable

Profitable

Unprofitable

> 6% Annualized

7.4 yrs

Avg Holding

$1.1M

Total Profits

56 Nim Terrace annualized profit %

View full details

56 Nim Terrace rental prices and estimated yield

Past 1 month

$3.27

Avg PSF Rental

No. of Rentals

1.7%

Est. Rental Yield

Among the latest 12 recorded rental contracts for 56 Nim Terrace, the median monthly rent was S$8,550, with records ranging from S$5,000 to S$11,000.

Recent 56 Nim Terrace rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 August 2026	—	S$9,000	S$3 psf	2500-3000
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

56 Nim Terrace rental volume

View full details

Frequently asked questions about 56 Nim Terrace

How much do units at 56 Nim Terrace cost?

The latest 2 recorded sales show a median price of S$3,440,000 and a median of S$2,044 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at 56 Nim Terrace?

The latest recorded median monthly rent is S$8,550 and the estimated rental yield based on the past six months is 1.7%. Rental yield is indicative and can vary by unit and costs.

Is 56 Nim Terrace freehold or leasehold?

56 Nim Terrace has a tenure of 99 yrs from 13/10/2016.

When was 56 Nim Terrace completed?

56 Nim Terrace was completed in 2019.

Which primary schools are near 56 Nim Terrace?

The primary schools shown within the page’s one-kilometre search are Fernvale Primary School (1,000 m), Hougang Primary School (1,000 m), and Jing Shan 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 2 October 2026. Figures are indicative and do not constitute financial advice.