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71 Saraca Terrace

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

Data through 20 February 2018

Intro: 71 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 5 times, amounting to $6.4M+ in total.

D28OCRNorth EastSerangoon
On this pageProject detailsPrices & transactionsRental trendsFAQs

71 Saraca Terrace project details

Street
Saraca Terrace
Property Type
Terrace
Completion
2002
Total Units
-1
Unit Size
1,945 sqft
Tenure
99 yrs from 05/05/1997
Lease Remaining
70 yrs
Postal Sector
80

71 Saraca Terrace price, PSF and transaction trends

40%
HDB Buyers
$6.4M+
Total Transacted
19-03-2001
First Transacted
20-02-2018
Last Transacted
5
Total Transactions

71 Saraca Terrace transaction volume

71 Saraca Terrace transaction volume000112001 · New Sale: 120012009 · Resale: 120092010 · Resale: 120102011 · Resale: 120112018 · Resale: 12018
New SaleSub SaleResale

Among the latest 5 recorded sales for 71 Saraca Terrace, the median price was S$1,300,000 and the median PSF was S$668 psf. The newest record shown is from 20 February 2018. The annual project median was 55.8% higher in 2018 than in 2001; unit mix can affect year-to-year comparisons.

Recent 71 Saraca Terrace transactions

DateSale typePricePSFSize
20 February 2018ResaleS$1,570,000S$807 psf1,945 sqft
27 April 2011ResaleS$1,540,000S$792 psf1,945 sqft
27 September 2010ResaleS$1,300,000S$668 psf1,945 sqft
3 August 2009ResaleS$1,010,000S$519 psf1,945 sqft
19 March 2001New SaleS$1,008,000S$518 psf1,945 sqft

71 Saraca Terrace median transaction PSF (S$)

71 Saraca Terrace median transaction PSF (S$)02505007501.0K2001 · Median PSF: 51820012009 · Median PSF: 51920092010 · Median PSF: 66820102011 · Median PSF: 79220112018 · Median PSF: 8072018

71 Saraca Terrace annual price trend

YearMedian priceMedian PSFRecorded sales
2018S$1,570,000S$807 psf1
2011S$1,540,000S$792 psf1
2010S$1,300,000S$668 psf1
2009S$1,010,000S$519 psf1
2001S$1,008,000S$518 psf1
100.0%
% Profitable
4
Profitable
0
Unprofitable
2
> 6% Annualized
4.2 yrs
Avg Holding
$562,000
Total Profits

71 Saraca Terrace annualized profit %

71 Saraca Terrace annualized profit %0.0%10.0%20.0%30.0%2009 · Average Annualized Profit: 0.0%20092010 · Average Annualized Profit: 24.6%20102011 · Average Annualized Profit: 18.5%20112018 · Average Annualized Profit: 0.3%2018
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71 Saraca Terrace rental prices and estimated yield

Past 1 month
0
No. of Rentals

Among the latest 10 recorded rental contracts for 71 Saraca Terrace, the median monthly rent was S$4,000, with records ranging from S$1,700 to S$5,300.

Recent 71 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

71 Saraca Terrace rental volume

71 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 71 Saraca Terrace

How much do units at 71 Saraca Terrace cost?

The latest 5 recorded sales show a median price of S$1,300,000 and a median of S$668 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at 71 Saraca Terrace?

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

Is 71 Saraca Terrace freehold or leasehold?

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

When was 71 Saraca Terrace completed?

71 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 20 February 2018. Figures are indicative and do not constitute financial advice.

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