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61 Saraca Terrace

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

Data through 2 November 2021

Intro: 61 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 $3.9M+ in total.

D28OCRNorth EastSerangoon
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61 Saraca Terrace project details

Street
Saraca Terrace
Property Type
Semi-Detached
Completion
2002
Total Units
-1
Unit Size
3,100 sqft
Tenure
99 yrs from 05/05/1997
Lease Remaining
70 yrs
Postal Sector
80

61 Saraca Terrace price, PSF and transaction trends

100%
HDB Buyers
$3.9M+
Total Transacted
15-06-2007
First Transacted
02-11-2021
Last Transacted
2
Total Transactions

61 Saraca Terrace transaction volume

61 Saraca Terrace transaction volume000112007 · Resale: 120072021 · Resale: 12021
New SaleSub SaleResale

Among the latest 2 recorded sales for 61 Saraca Terrace, the median price was S$1,935,000 and the median PSF was S$624 psf. The newest record shown is from 2 November 2021. The annual project median was 215.0% higher in 2021 than in 2007; unit mix can affect year-to-year comparisons.

Recent 61 Saraca Terrace transactions

DateSale typePricePSFSize
2 November 2021ResaleS$2,938,000S$948 psf3,100 sqft
15 June 2007ResaleS$932,000S$301 psf3,100 sqft

61 Saraca Terrace median transaction PSF (S$)

61 Saraca Terrace median transaction PSF (S$)02505007501.0K2007 · Median PSF: 30120072021 · Median PSF: 9482021

61 Saraca Terrace annual price trend

YearMedian priceMedian PSFRecorded sales
2021S$2,938,000S$948 psf1
2007S$932,000S$301 psf1
100.0%
% Profitable
1
Profitable
0
Unprofitable
1
> 6% Annualized
14.4 yrs
Avg Holding
$2.0M
Total Profits

61 Saraca Terrace annualized profit %

61 Saraca Terrace annualized profit %0.0%2.5%5.0%7.5%10.0%2021 · Average Annualized Profit: 8.3%2021
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61 Saraca Terrace rental prices and estimated yield

Past 1 month
0
No. of Rentals

Among the latest 10 recorded rental contracts for 61 Saraca Terrace, the median monthly rent was S$4,000, with records ranging from S$1,700 to S$5,300.

Recent 61 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

61 Saraca Terrace rental volume

61 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 61 Saraca Terrace

How much do units at 61 Saraca Terrace cost?

The latest 2 recorded sales show a median price of S$1,935,000 and a median of S$624 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at 61 Saraca Terrace?

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

Is 61 Saraca Terrace freehold or leasehold?

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

When was 61 Saraca Terrace completed?

61 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 2 November 2021. Figures are indicative and do not constitute financial advice.

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