Type

Units

Min Area

Price Range

3 BR

1076 sqft

S$2.8M – S$2.8M

4 BR

1539 sqft

S$3.6M – S$5.3M

Property Highlights

Condo development with 4 units currently available.
Prices currently range from S$2.8M to S$5.3M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$560K on this acquisition.
Located 9 min (790 m) from CC26 Pasir Panjang MRT Station.

Price Trends & Rental Yield

Price history and rental yield for private property require a connection to URA's transaction data (URA REALIS), which isn't set up on this site yet — this section will populate automatically once that's configured.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

Terra Hill: Premium Living in Pasir Panjang

Terra Hill stands as an established residential development situated at 18 Yew Siang Road in the highly sought-after Pasir Panjang precinct. This condominium offering provides a secure investment opportunity within one of Singapore's most mature and desirable neighbourhoods, where both established families and discerning property investors have long recognised the area's enduring appeal. The development benefits from its central location within the district, providing residents with immediate access to a comprehensive range of lifestyle amenities and essential services.

The project encompasses a range of generously proportioned units, with floor areas reaching approximately 1,894 square feet and multiple bedroom configurations available to suit diverse living requirements. From the standpoint of property valuation, units at Terra Hill are positioned competitively within the secondary market for this neighbourhood, with asking prices commencing from approximately S$5.3 million. This price point reflects the development's established status and the neighbourhood's sustained demand among both upgraders and international expatriates seeking stability in their property holdings.

Location and Transport Connectivity

Proximity to Pasir Panjang MRT Station (CC26 line) represents a significant asset for the development, situated approximately nine minutes' walk or 790 metres away. This accessibility to the Circle Line provides direct connectivity to central business districts, shopping precincts, and educational institutions across the entire transport network. For commuting professionals and families prioritising ease of movement across the island, this transport linkage strengthens the development's appeal and contributes meaningfully to long-term capital appreciation potential.

The neighbourhood surrounding Yew Siang Road benefits from mature infrastructure and established commercial corridors, including nearby shopping centres, dining establishments, and recreational facilities. The area maintains a balanced character between residential calm and convenient urban access, a quality increasingly valued by affluent owner-occupiers and institutional investors alike.

Investment Potential and Rental Yield Considerations

Property investors evaluating Terra Hill should consider the development's positioning within the Pasir Panjang rental market, where sustained tenant demand from expatriate professionals and upgrading families supports relatively stable yield expectations. The generous floor areas and multiple bedroom layouts of units at Terra Hill align well with tenant preferences in this segment, potentially supporting competitive rental rates relative to recent market transactions in adjacent precincts. Historical data suggests that comparable units in established Pasir Panjang developments have achieved gross rental yields in the region of four to five percent, though individual performance varies based on unit configuration, floor level, and ambient market conditions.

Prospective investors should exercise due diligence regarding Additional Buyer's Stamp Duty (ABSD) implications, which currently applies at a rate of 20% of the purchase price for second residential properties acquired by Singapore Citizens. This duty must be factored into acquisition cost calculations and expected holding period returns, particularly for investors leveraging existing residential property holdings to access this development.

Property Specifications and Design

Units at Terra Hill offer substantial internal living areas that reflect contemporary standards for premium residential properties in this district. The floor plates, averaging around 1,894 square feet, support flexible spatial planning accommodating families across multiple generations or buyers seeking dedicated home office facilities alongside traditional living zones. Multi-bedroom configurations across the development ensure that prospective purchasers can select units aligned with their specific household composition and lifestyle requirements.

The condominium format provides residents with collective security, maintenance coordination, and leisure facilities typically unavailable in landed property alternatives, whilst maintaining the privacy and autonomy expected by affluent purchasers. This residential typology has demonstrated resilience and consistent value retention across Singapore's property cycles, supporting both capital preservation and steady appreciation over extended holding periods.

Market Positioning and Comparative Assessment

Within the Pasir Panjang locality, Terra Hill occupies a distinctive position amongst established residential developments, offering proven design quality and a track record of stability in an increasingly competitive marketplace. The development's maturity provides prospective residents with visible evidence of long-term value retention and community stability, distinguishing it from speculative new launches with unproven market reception. Recent transactions in comparable Pasir Panjang developments have demonstrated per-square-foot valuations generally aligned with Terra Hill's current market pricing, suggesting reasonable positioning relative to contemporaneous market conditions.

Buyers comparing Terra Hill against newer developments in adjacent precincts should weigh immediate occupancy availability and established neighbourhood credentials against potential incentives offered by recently completed or forthcoming launches. The immediate availability of completed units at Terra Hill appeals particularly to buyers seeking swift acquisition and occupation without exposure to construction risk or timeline uncertainty.

Buyer Suitability and Financing Considerations

Terra Hill appeals to multiple purchaser archetypes: high-net-worth individuals seeking a second or investment property within a proven blue-chip location; established families upgrading from smaller properties; and sophisticated investors recognising the rental stability available within this demographic-stable precinct. First-time buyers with substantial capital or down payment capacity may find units here accessible, though the entry price point positions the development primarily towards experienced property investors with existing portfolios or affluent owner-occupiers with corresponding purchasing power.

From a financing perspective, purchasers should anticipate Total Debt Service Ratio (TDSR) compliance requirements, with most financial institutions limiting borrowing capacity to 55% of property value for residential mortgages. At the current price range, this typically permits borrowing of approximately S$2.9 million for a S$5.3 million purchase, necessitating corresponding down payment reserves from purchasers. Professional mortgage brokers can provide individualised financing structures aligned with personal banking relationships and cashflow projections.

Long-term Value and Estate Trajectory

Pasir Panjang's established residential character and consistent demand from affluent owner-occupiers position Terra Hill favourably for sustained capital appreciation over holding periods exceeding five years. The neighbourhood's maturity insulates it partially from speculative cyclicality, though all property investments remain subject to macroeconomic conditions, interest rate adjustments, and broader residential market sentiment. Purchasers should anticipate gradual age-related progression of the development over extended ownership periods, managed through collective reserves and professional building maintenance systems typical of well-established condominiums.

Future supply considerations in the Pasir Panjang area suggest limited new residential completions in the immediate vicinity, potentially supporting sustained scarcity value for existing stock. This supply constraint, combined with the neighbourhood's proximity to central Singapore and established premium positioning, supports a constructive long-term outlook for value retention and measured appreciation.

Frequently Asked Questions

What gross rental yield might an investor realistically achieve on a Terra Hill unit purchased as an investment property?

Comparable units in established Pasir Panjang developments have historically achieved gross rental yields ranging from approximately four to five percent, though individual outcomes depend significantly on unit configuration, floor level, and prevailing market conditions. Terra Hill's generous floor areas and multi-bedroom layouts align well with tenant preferences in the expatriate and upgrading family segments, potentially supporting competitive rental rates within this range. Investors should conduct detailed market analysis with experienced property managers in the locality to validate yield assumptions against current tenant demand patterns and achieved rental rates for similar specifications.

How does Terra Hill's per-square-foot pricing compare against recent transaction data in the Pasir Panjang area?

Recent transactions across comparable Pasir Panjang developments indicate per-square-foot valuations broadly aligned with Terra Hill's current market positioning, suggesting the development is competitively priced relative to contemporaneous market conditions. The exact comparison varies depending on unit specifications, floor levels, and precise sale dates of comparable properties, but established developments like Terra Hill typically command pricing consistent with their mature status and proven demand profile. Prospective buyers should engage professional valuation services to benchmark specific units against recent comparable sales data, ensuring confidence in pricing alignment with current market reality.

What is the Additional Buyer's Stamp Duty (ABSD) impact for a Singapore Citizen purchasing Terra Hill as a second residential property?

Singapore Citizens acquiring a second residential property currently face ABSD at a rate of 20% calculated on the purchase price. For a purchase at the S$5.3 million level, this equates to approximately S$1.06 million in additional duty, significantly impacting total acquisition costs and expected investment returns. This duty must be factored into holding period analyses and return calculations, particularly when comparing Terra Hill acquisitions against alternative investment vehicles, and may influence the optimal timing for second-property purchases within extended property portfolios.

How does proximity to Pasir Panjang MRT Station (CC26) influence demand and long-term capital appreciation at Terra Hill?

Established residential properties within nine minutes' walking distance of operational MRT stations consistently demonstrate superior capital appreciation and sustained tenant demand compared to more remote locations, a pattern extensively documented across Singapore's property cycles. The Circle Line connectivity provided by CC26 Pasir Panjang MRT Station directly links Terra Hill residents to central business precincts, shopping corridors, and educational institutions, strengthening appeal to professional commuters and families prioritising transport convenience. This transport accessibility supports a resilient buyer and tenant base, protecting capital values during market corrections and positioning the development favourably for steady long-term appreciation.

Is Terra Hill suitable for first-time property buyers, and what financing hurdles should prospective first-timers anticipate?

Whilst Terra Hill's established status and proven track record appeal to experienced investors, the S$5.3 million entry price point positions the development primarily towards affluent owner-occupiers or sophisticated investors rather than typical first-time buyers with moderate capital. First-timers with substantial down payment reserves or inheritance capital may access the development, but should anticipate Total Debt Service Ratio (TDSR) requirements limiting borrowing to approximately 55% of property value, necessitating approximately S$2.4 million in equity capital for a S$5.3 million purchase. Professional mortgage advisory services can clarify individual borrowing capacity based on personal employment income and existing financial obligations.

How does Terra Hill compare against nearby competing developments in the Pasir Panjang neighbourhood?

Terra Hill's key differentiator lies in its established maturity and proven track record of value retention within the Pasir Panjang precinct, offering prospective residents immediate occupancy and visible evidence of long-term community stability. Competing developments in the vicinity range from contemporaneous launches offering newer finishes and incentive packages to older estates with varying levels of maintenance and renewal. Buyers comparing Terra Hill against newer developments should weigh the certainty of established neighbourhoods and completed infrastructure against potential financial incentives available from recent completions, ultimately aligning their preference with personal priorities regarding immediate occupancy versus potential cost advantages.

Are specific unit stacks or floor levels at Terra Hill considered better value than others?

Unit value at Terra Hill varies meaningfully across floor levels and stack positions, with lower floors typically commanding modest discounts relative to mid-to-upper levels due to natural light, privacy, and perceived prestige preferences amongst Singapore's affluent residential market. Mid-level stacks (approximately floors 10-20 across most developments) frequently offer optimal value positioning, capturing majority amenity benefits whilst avoiding premium pricing associated with penthouses or very high levels. Professional property agents specialising in Pasir Panjang can advise on specific stack valuations and expected price differentials based on current market sentiment and buyer preferences within the development's particular configuration.

What future supply pipeline exists for residential developments in Pasir Panjang, and how might this affect Terra Hill's long-term capital appreciation?

Pasir Panjang's developed and mature character, combined with limited remaining land availability in the immediate neighbourhood, suggests constrained new residential supply additions in the foreseeable future. This relative scarcity of new inventory theoretically supports sustained demand and value appreciation for existing stock like Terra Hill, as buyers unable to access new launches may redirect purchasing interest towards established developments offering proven stability. However, broader macroeconomic conditions, interest rate movements, and island-wide residential market sentiment ultimately drive capital appreciation patterns, meaning supply constraints alone do not guarantee appreciation without alignment with general property cycle dynamics and buyer sentiment.

What Total Debt Service Ratio (TDSR) considerations should prospective Terra Hill purchasers model for financing calculations?

Most Singapore financial institutions enforce TDSR limits of 55% for residential property mortgages, meaning borrowing capacity on a S$5.3 million Terra Hill purchase would typically cap at approximately S$2.9 million, necessitating corresponding down payment reserves. Purchasers should validate personal TDSR headroom by calculating total monthly debt repayments (including the proposed mortgage) against verified monthly income, ensuring compliance with lender requirements before committing to offers. Professional mortgage brokers can provide detailed TDSR modelling for individual circumstances, clarifying maximum borrowing capacity and optimal loan structures aligned with personal cashflow and long-term financial planning.

How does leasehold tenure affect long-term investment viability and resale value at Terra Hill?

Whilst the specific lease duration for Terra Hill requires verification through official documentation, purchasers should understand that leasehold properties in Singapore typically operate on 99-year or 999-year tenure structures. Properties with remaining lease periods below 80 years may experience accelerated value decay and reduced financing availability as institutional lenders and buyers increasingly avoid heavy discount scenarios associated with very short leases. Buyers at Terra Hill should confirm the exact remaining lease tenure and consider the implications for their intended holding period, recognising that even lengthy leases will eventually require lease extension or renewal, processes that demand significant capital and planning in later property stages.

Which buyer profiles are most suitable for Terra Hill – investor, owner-occupier, or upgrader – and why?

Terra Hill appeals most persuasively to established upgraders relocating from smaller properties and seeking spacious family living in a proven blue-chip neighbourhood, as well as sophisticated property investors recognising the rental stability available within Pasir Panjang's demographic-stable tenant base. High-net-worth individuals may acquire Terra Hill as a second investment property or portfolio diversification, leveraging the neighbourhood's prestige and the development's mature status. First-time buyers with exceptional capital resources may access the development, though the entry price point and TDSR constraints typically position Terra Hill outside the reach of majority first-time purchasers, making it primarily a vehicle for experienced market participants with established residential portfolios or corresponding liquid capital reserves.

[For Sale] Terra Hill, 18 Yew Siang Road — From S$2.8M