Overview & Key Facts
CHUAN TERRACE is a freehold condominium at CHUAN TERRACE in District 19 (OCR), developed by LORONG CHUAN DEVELOPMENT PTE LTD, comprising 41 units, completed in 1989.
Location & Connectivity
CHUAN TERRACE is approximately 1230m from Lorong Chuan MRT station.
| Station | Line | Distance |
|---|---|---|
| Lorong Chuan | Circle Line | 1.2 km |
Schools & Education
19 schools within 2 km (4 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Serangoon Garden Secondary School | Secondary | 300m |
| Bowen Secondary School | Secondary | 500m |
| Xinghua Primary School | Primary | 810m |
| Serangoon Secondary School | Secondary | 810m |
| Yangzheng Primary School | Primary | 1 km |
| Cedar Primary School | Primary | 1.2 km |
| Cedar Girls' Secondary School | Secondary | 1.3 km |
| Maris Stella High School (Primary) | Primary | 1.3 km |
Market Position
CHUAN TERRACE has recorded 4 sales at an average price of $4,457,500.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2022 | 2 | $1,895 psf | — |
| 2024 | 1 | $1,066 psf | ↓ 43.7% |
| 2025 | 1 | $2,226 psf | ↑ 108.8% |
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CHUAN TERRACE prices sit at a fresh series high after a 108.8% gain on the prior period, now 17.5% above the 2022 starting level.
Price Index Check
The ShiokNest Price Index for District 19 reads 137.0 as of June 2026 — up 2.0% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| CHUAN PARK | 99 yrs lease commencing from 2024 | $2,596 psf | 883 |
| THE FLORENCE RESIDENCES | 99 yrs lease commencing from 2018 | $1,751 psf | 869 |
| RIVERFRONT RESIDENCES | 99 yrs lease commencing from 2018 | $1,595 psf | 642 |
| AFFINITY AT SERANGOON | 99 yrs lease commencing from 2018 | $1,699 psf | 602 |
| SERANGOON GARDEN ESTATE | Freehold | $1,757 psf | 487 |
What Could Work Against You
- Only 0 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
- At 41 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
- Completed in 1989, the development is over 37 years old — budget for rising maintenance, dated M&E systems, and the possibility that value increasingly rests on en-bloc potential rather than the units themselves.
Best suited for
Who This Actually Suits
The profile fits families with young children, multi-generational families, car-owning households and freehold / generational hold best. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.
For international school families and long-term hold (10+ yr), it can work — but weigh the trade-offs before committing.
sports / active lifestyle and yield-focused investors should probably look elsewhere. Proximity to PCN, reservoirs, or parks supports a runner/cyclist/swimmer lifestyle.
Verdict
CHUAN TERRACE is a freehold development in District 19 (OCR), with 41 units, offering a gross yield of 2.4%.
At ~$2,226 psf, it represents a competitive entry point in the OCR segment.
Explore the full CHUAN TERRACE dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing CHUAN TERRACE against staying public? These HDB towns sit within walking or short-drive distance:
- Serangoon — 4-room average $685,706 (680m away), an upgrader gap of about $3,750,000
- Ang Mo Kio — 4-room average $724,816 (900m away), an upgrader gap of about $3,750,000
- Hougang — 4-room average $630,510 (1.6 km away), an upgrader gap of about $3,850,000
FAQ
What is the average PSF for CHUAN TERRACE?
Is CHUAN TERRACE freehold?
What is the rental yield for CHUAN TERRACE?
Which MRT is nearest to CHUAN TERRACE?
Sources & Next Steps
- CHUAN TERRACE Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 19 (Punggol, Hougang, Serangoon Gardens) — District 19 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 4 transactions
- Rental data: 1 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Mar 2025 · 4 records analysed · Source: URA private-sale caveats