Overview & Key Facts
HONG HENG TERRACE is a freehold condominium at THONG BEE ROAD in District 26 (OCR), developed by .
Location & Connectivity
HONG HENG TERRACE is approximately 720m from Springleaf MRT station.
| Station | Line | Distance |
|---|---|---|
| Springleaf | Thomson-East Coast Line | 720m |
Market Position
HONG HENG TERRACE has recorded 4 sales at an average price of $3,046,500.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 2 | $1,516 psf | — |
| 2022 | 1 | $1,993 psf | ↑ 31.5% |
| 2026 | 1 | $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
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| SPRINGLEAF RESIDENCE | 99 yrs lease commencing from 2024 | $2,178 psf | 917 |
| LENTOR MODERN | 99 yrs lease commencing from 2021 | $2,142 psf | 645 |
| LENTOR HILLS RESIDENCES | 99 yrs lease commencing from 2022 | $2,116 psf | 599 |
| LENTOR MANSION | 99 yrs lease commencing from 2023 | $2,266 psf | 533 |
| LENTOR CENTRAL RESIDENCES | 99 yrs lease commencing from 2023 | $2,222 psf | 477 |
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.
Best suited for
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?
Is HONG HENG TERRACE freehold?
What is the rental yield for HONG HENG TERRACE?
Which MRT is nearest to HONG HENG TERRACE?
Sources & Next Steps
- HONG HENG TERRACE Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 26 (Upper Thomson, Springleaf) — District 26 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: 3 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jan 2026 · 4 records analysed · Source: URA private-sale caveats