59 Saraca Terrace
Terrace House · in Serangoon, District 28, Singapore · 99 yrs from 05/05/1997 · Completed 2002
Intro: 59 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 3 times, amounting to $5.7M+ in total.
59 Saraca Terrace project details
59 Saraca Terrace price, PSF and transaction trends
59 Saraca Terrace transaction volume
Among the latest 3 recorded sales for 59 Saraca Terrace, the median price was S$1,720,000 and the median PSF was S$691 psf. The newest record shown is from 7 June 2024. The annual project median was 196.2% higher in 2024 than in 2002; unit mix can affect year-to-year comparisons.
Recent 59 Saraca Terrace transactions
| Date | Sale type | Price | PSF | Size |
|---|---|---|---|---|
| 7 June 2024 | Resale | S$2,950,000 | S$1,185 psf | 2,490 sqft |
| 4 November 2020 | Resale | S$1,720,000 | S$691 psf | 2,490 sqft |
| 11 January 2002 | New Sale | S$995,000 | S$400 psf | 2,489 sqft |
59 Saraca Terrace median transaction PSF (S$)
59 Saraca Terrace annual price trend
| Year | Median price | Median PSF | Recorded sales |
|---|---|---|---|
| 2024 | S$2,950,000 | S$1,185 psf | 1 |
| 2020 | S$1,720,000 | S$691 psf | 1 |
| 2002 | S$995,000 | S$400 psf | 1 |
59 Saraca Terrace annualized profit %
59 Saraca Terrace rental prices and estimated yield
Among the latest 10 recorded rental contracts for 59 Saraca Terrace, the median monthly rent was S$4,000, with records ranging from S$1,700 to S$5,300.
Recent 59 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 |
59 Saraca Terrace rental volume
Frequently asked questions about 59 Saraca Terrace
How much do units at 59 Saraca Terrace cost?
The latest 3 recorded sales show a median price of S$1,720,000 and a median of S$691 psf. Actual prices vary by floor, size, facing, condition and sale date.
What are the rental price and estimated yield at 59 Saraca Terrace?
The latest recorded median monthly rent is S$4,000. Rental yield is indicative and can vary by unit and costs.
Is 59 Saraca Terrace freehold or leasehold?
59 Saraca Terrace has a tenure of 99 yrs from 05/05/1997.
When was 59 Saraca Terrace completed?
59 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 7 June 2024. Figures are indicative and do not constitute financial advice.
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