HONG HENG TERRACE Review

Condo Review 3 min read Last reviewed
District 26 · Freehold
~$2,436Avg PSF (12-month)
Total units
Category Ratings
Walkability
1.5
Investment
2.9
En-Bloc Potential
1.7
ShiokNest Score
1.7

Overview & Key Facts

HONG HENG TERRACE is a freehold condominium at THONG BEE ROAD in District 26 (OCR), developed by .

Developer
Tenure
Freehold
Total units
TOP year
District
26 — OCR
Street
THONG BEE ROAD

Location & Connectivity

HONG HENG TERRACE is approximately 720m from Springleaf MRT station.

MRT stations near HONG HENG TERRACE
StationLineDistance
SpringleafThomson-East Coast Line720m

Market Position

HONG HENG TERRACE has recorded 4 sales at an average price of $3,046,500.

HONG HENG TERRACE sits at the 75th percentile of District 26 condo PSF.
$2,436 psf
Avg PSF (12mo)
$3,046,500
Avg Price
1.5%
Gross Yield
4
Total Sales

Price Appreciation

PSF trend for HONG HENG TERRACE
YearSalesAvg PSFYoY
20212$1,516 psf
20221$1,993 psf↑ 31.5%
20261$2,436 psf↑ 22.2%

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The latest reading marks the highest point in this series — HONG HENG TERRACE prices have climbed 60.7% since 2021.


Neighbourhood Comparison

District 26 competitors
CondoTenureAvg PSFSales
SPRINGLEAF RESIDENCE99 yrs lease commencing from 2024$2,178 psf917
LENTOR MODERN99 yrs lease commencing from 2021$2,142 psf645
LENTOR HILLS RESIDENCES99 yrs lease commencing from 2022$2,116 psf599
LENTOR MANSION99 yrs lease commencing from 2023$2,266 psf533
LENTOR CENTRAL RESIDENCES99 yrs lease commencing from 2023$2,222 psf477

What Could Work Against You

  • With just 1 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.

Who This Actually Suits

This is a strong match for multi-generational families, nature / park-fronting and freehold / generational hold. Larger unit configurations or dual-key layouts make this viable for 3-generation households.

For international school families and long-term hold (10+ yr), it can work — but weigh the trade-offs before committing.

It is a weaker fit for yield-focused investors — other options likely serve them better. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

HONG HENG TERRACE is a freehold development in District 26 (OCR), offering a gross yield of 1.5%.

At ~$2,436 psf, it represents a competitive entry point in the OCR segment.

Explore the full HONG HENG TERRACE dashboard for interactive analytics.

FAQ

What is the average PSF for HONG HENG TERRACE?
The 12-month average is approximately $2,436 psf.
Is HONG HENG TERRACE freehold?
Yes, HONG HENG TERRACE is a freehold property.
What is the rental yield for HONG HENG TERRACE?
The estimated gross yield is 1.5%.
Which MRT is nearest to HONG HENG TERRACE?
The nearest is Springleaf MRT at 720m.

Sources & Next Steps

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: 3 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of January 2026

Latest recorded data point: Jan 2026 · 4 records analysed · Source: URA private-sale caveats

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