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89 Saraca Terrace

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

Data through 1 October 2017

Intro: 89 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 2 times, amounting to $2.4M+ in total.

D28OCRNorth EastSerangoon
On this pageProject detailsPrices & transactionsRental trendsFAQs

89 Saraca Terrace project details

Street
Saraca Terrace
Property Type
Terrace
Completion
2002
Total Units
-1
Unit Size
1,640 sqft
Tenure
99 yrs from 05/05/1997
Lease Remaining
70 yrs
Postal Sector
80

89 Saraca Terrace price, PSF and transaction trends

100%
HDB Buyers
$2.4M+
Total Transacted
12-03-2001
First Transacted
11-11-2011
Last Transacted
2
Total Transactions

89 Saraca Terrace transaction volume

89 Saraca Terrace transaction volume000112001 · New Sale: 120012011 · Resale: 12011
New SaleSub SaleResale

Among the latest 2 recorded sales for 89 Saraca Terrace, the median price was S$1,180,500 and the median PSF was S$720 psf. The newest record shown is from 11 November 2011. The annual project median was 46.0% higher in 2011 than in 2001; unit mix can affect year-to-year comparisons.

Recent 89 Saraca Terrace transactions

DateSale typePricePSFSize
11 November 2011ResaleS$1,401,000S$854 psf1,640 sqft
12 March 2001New SaleS$960,000S$585 psf1,640 sqft

89 Saraca Terrace median transaction PSF (S$)

89 Saraca Terrace median transaction PSF (S$)02505007501.0K2001 · Median PSF: 58520012011 · Median PSF: 8542011

89 Saraca Terrace annual price trend

YearMedian priceMedian PSFRecorded sales
2011S$1,401,000S$854 psf1
2001S$960,000S$585 psf1
100.0%
% Profitable
1
Profitable
0
Unprofitable
0
> 6% Annualized
10.7 yrs
Avg Holding
$441,000
Total Profits

89 Saraca Terrace annualized profit %

89 Saraca Terrace annualized profit %0.0%1.0%2.0%3.0%4.0%2011 · Average Annualized Profit: 3.6%2011
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89 Saraca Terrace rental prices and estimated yield

Past 1 month
0
No. of Rentals

Among the latest 10 recorded rental contracts for 89 Saraca Terrace, the median monthly rent was S$4,000, with records ranging from S$1,700 to S$5,300.

Recent 89 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

89 Saraca Terrace rental volume

89 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 89 Saraca Terrace

How much do units at 89 Saraca Terrace cost?

The latest 2 recorded sales show a median price of S$1,180,500 and a median of S$720 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at 89 Saraca Terrace?

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

Is 89 Saraca Terrace freehold or leasehold?

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

When was 89 Saraca Terrace completed?

89 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 1 October 2017. Figures are indicative and do not constitute financial advice.

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