Type

Units

Min Area

Price Range

3 BR

969 sqft

S$2.5XM – S$2.9XM

4+ BR

1313 sqft

S$3.5XM – S$5.3XM

Property Highlights

3-bedroom, 2-bathroom residence spanning 1,249 sqft in established Pasir Panjang enclave
Priced at S$2,988,000 with convenient 9-minute walk to CC26 Pasir Panjang MRT Station
Well-positioned for owner-occupiers and investors seeking mature estate living
Strong connectivity to business districts via MRT network and strategic road links
Desirable south-coast location blending residential calm with urban accessibility

Interested in this property?

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

Ref: 500110970

Terra Hill: A Contemporary Haven in Pasir Panjang's Prime Residential Quarter

Nestled along Yew Siang Road in one of Singapore's most sought-after mature estates, Terra Hill presents a compelling residential opportunity for discerning buyers. This three-bedroom, two-bathroom condominium spans a generous 1,249 square feet, delivering the space and comfort demanded by families seeking an elevated urban lifestyle without sacrificing convenience or neighbourhood character.

Location Advantage: Gateway to the South Coast

The property's positioning in Pasir Panjang represents a strategic acquisition point within a precinct that continues to demonstrate resilience in capital appreciation. Situated just 790 metres—approximately nine minutes on foot—from CC26 Pasir Panjang MRT Station, residents enjoy seamless access to Singapore's integrated transport network. This accessibility is particularly valuable for professionals commuting to the central business district, as well as families requiring flexibility in their daily routines.

The Pasir Panjang corridor has evolved into a sophisticated residential destination, attracting both established families and younger professionals who value the balance between established infrastructure and emerging neighbourhood vibrancy. The district's maturity means schools, healthcare facilities, and shopping amenities are deeply embedded within the fabric of everyday life, rather than requiring special planning to access.

Living Space and Interior Potential

With 1,249 square feet across three distinct bedrooms and two full bathrooms, this unit offers substantial flexibility for varying household configurations. Whether serving a growing family, providing guest accommodation, or establishing a home office alongside comfortable sleeping quarters, the floor plan accommodates contemporary living patterns with ease. The two-bathroom arrangement particularly appeals to multi-generational households and those entertaining guests with frequency.

The scale of this residence positions it advantageously within Singapore's mid-to-upper segment of the condominium market, where space commands premium valuations and rental demand remains consistently strong. Properties of this calibre in established MRT-adjacent locations typically attract both owner-occupier interest and investor capital.

Connectivity and Neighbourhood Character

The proximity to Pasir Panjang MRT Station unlocks rapid connectivity throughout Singapore's transport-rich ecosystem. Commutes to the financial district, technology hubs in Clementi, and educational institutions across the eastern regions are measured in single-digit minutes by train. This advantage has historically supported property value retention and rental demand stability in the precinct.

Beyond public transport, the area benefits from established road networks linking to major expressways. The nearby Port of Singapore and industrial precincts create employment opportunities for residents employed within logistics and maritime sectors, while the broader economy-wide connectivity ensures this location retains appeal across diverse professional demographics.

Investment Potential and Market Positioning

Priced at S$2,988,000, this property commands a position within the upper-middle segment of the condominium market. The S$2,391 per square foot valuation reflects the premium attached to Pasir Panjang's maturity, MRT proximity, and established resident base. Properties within this price bracket typically demonstrate stable capital growth and consistent rental yields, making them particularly attractive to investors seeking long-term value accumulation rather than short-term speculation.

The Pasir Panjang district has historically outperformed broader market trends during economic cycles, owing to its combination of established infrastructure, limited new supply, and consistent demand from multiple buyer cohorts. The opening of newer transportation links and ongoing urban renewal initiatives in neighbouring precincts continue to enhance the area's appeal without introducing excessive new inventory.

Buyer Suitability Across Market Segments

This property profile appeals to several distinct buyer categories. High-net-worth individuals seeking mature estate living with proven track records of value appreciation find the Pasir Panjang location strategically sound. Upgraders transitioning from smaller units or first-generation public housing appreciate the combination of space, amenities, and established neighbourhood identity. Investors recognise the stable rental demand from expatriate professionals and established families, creating consistent income streams with relatively low vacancy risk.

First-time private property buyers with strong financial positions increasingly view Pasir Panjang as a preferred destination, given the neighbourhood's established character and the confidence derived from living in a precinct with long histories of steady capital appreciation and social stability.

Market Context and Strategic Timing

The contemporary real estate landscape in Pasir Panjang reflects measured demand from multiple buyer cohorts, supported by limited new condominium releases in the immediate vicinity. The maturity of the estate means future supply growth will likely remain constrained, potentially supporting long-term value trajectories. Properties offering three bedrooms in this location and price bracket have historically demonstrated strong market resilience.

For potential purchasers contemplating acquisition timing, the current market environment in this precinct presents a relatively stable entry point, particularly for those prioritising long-term ownership and capital preservation over short-term appreciation cycles.

Next Steps for Prospective Buyers

Serious enquiries regarding this Terra Hill residence should prioritise viewing the property firsthand to assess its exact configuration, condition, and alignment with individual requirements. The proximity to Pasir Panjang MRT Station, combined with the established neighbourhood character and spatial generosity of the unit, warrants careful consideration within the context of one's broader residential objectives and financial planning.

Frequently Asked Questions

What rental yield can be expected if Terra Hill is purchased as an investment property?

Based on comparable three-bedroom condominiums in Pasir Panjang commanding approximately S$6,500 to S$7,500 monthly rental rates, this property would generate a gross yield of approximately 2.6 to 3.0 percent annually on the S$2.988 million purchase price. This yield range aligns with long-term Singapore condominium market averages for established estates with strong MRT connectivity. For investors employing mortgage financing over a 25-year tenure at prevailing rates, net yields after mortgage servicing and maintenance costs typically range from 1.5 to 2.0 percent, making this an income-stabilisation rather than income-generation investment. The rental demand in this precinct has historically remained resilient through economic cycles, with consistent expatriate professional demand and established family interest maintaining occupancy rates above 95 percent across comparable buildings.

How does the S$2,391 per square foot price compare to recent transactions in the Pasir Panjang area?

The S$2,391 per square foot valuation for this three-bedroom unit positions it competitively within recent Pasir Panjang condominium transactions, where three-bedroom units have ranged from approximately S$2,100 to S$2,600 per square foot depending on tenure, floor level, and specific building amenities. Newer developments with contemporary facilities command the upper end of this spectrum, whilst established buildings with first-generation amenities typically transact closer to the lower boundary. For mature developments like Terra Hill with proven track records, this pricing reflects fair market equilibrium, suggesting neither exceptional bargain nor premium positioning. The Pasir Panjang market has demonstrated consistent upward pressure on psf valuations over five-year rolling periods, supported by limited new supply and steady demand from multiple buyer cohorts seeking the area's combination of established character and urban accessibility.

What are the Additional Buyer's Stamp Duty implications for purchasing this property as a second residence?

Purchasers acquiring Terra Hill as a second residential property will incur Additional Buyer's Stamp Duty (ABSD) at the rate of 5 percent on the first S$180,000 of the purchase price and 10 percent on the remaining balance, totalling approximately S$180,800 in ABSD liability. This represents a significant cost component in the overall acquisition calculus, and second property buyers should factor this into their financial planning alongside the base purchase price, legal fees, and survey costs. For resident Singapore citizens or permanent residents, these ABSD rates apply, whereas foreign purchasers face substantially higher rates of 15 percent on the first S$180,000 and 20 percent thereafter. Buyers should consult qualified tax advisors regarding potential exemptions or deferrals, particularly if their residential circumstances have changed materially since prior property acquisitions.

What is the lease decay risk for this property, and how might it affect future resale value?

This question presumes leasehold tenure; clarification on the specific lease tenure at Terra Hill is essential, as lease decay materially impacts long-term capital value. For standard 99-year leasehold condominiums in Singapore, properties typically begin experiencing measurable resale value compression when the lease remaining falls below 75 years. If Terra Hill operates on a standard 99-year lease issued at the development's inception, the current lease tenure remains sufficiently deep that lease decay presents no near-term concern for owner-occupiers or medium-term investors. However, prospective buyers should verify the exact grant date and remaining tenure before committing, as this fundamentally influences the long-term value trajectory and mortgage lender willingness to extend financing. Properties approaching the 75-year threshold historically experience downward pressure on valuation multiples, making lease tenure verification a critical pre-purchase investigation.

How does proximity to Pasir Panjang MRT Station influence demand and capital appreciation for this property?

The nine-minute walk to CC26 Pasir Panjang MRT Station positions this property within the premium catchment for transport accessibility, a factor that has historically commanded sustained price premiums in Singapore's condominium market. Properties within 800 metres of MRT stations typically demonstrate capital appreciation rates 15 to 25 percent above comparable properties located beyond convenient walking distance, reflecting the consistent demand from professionals prioritising commute efficiency. The Circle Line's traversal through Pasir Panjang creates connectivity to multiple business and lifestyle districts, sustaining demand from diverse buyer cohorts including CBD workers, polytechnic students, and healthcare professionals at nearby institutions. Should future transport enhancements materialise within the broader Pasir Panjang corridor, properties positioned near existing stations typically benefit from increased catchment demand and potentially expanded rental pools.

Which buyer profiles—HNW individuals, upgraders, first-timers, or investors—would find Terra Hill most suitable?

Upgraders represent the most natural buyer cohort for this property, as the three-bedroom, two-bathroom configuration and established neighbourhood character appeal strongly to families transitioning from smaller public housing or first-generation private condominiums. High-net-worth individuals frequently view Pasir Panjang as a strategic location for establishing primary residences or diversified real estate portfolios, particularly those seeking mature estate environments with proven value retention characteristics. Investors with medium-term holding horizons (five-to-ten years) find this property attractive given the stable rental demand, limited supply competition, and historically consistent capital appreciation in the precinct. First-time private property buyers with substantial financial resources may also find this property suitable if they prioritise established neighbourhoods, transport accessibility, and long-term stability over developmental novelty or speculative appreciation potential, though the S$2.988 million price point restricts the first-time buyer cohort primarily to high-income professional couples.

What is the Total Debt Servicing Ratio impact at this price point, and how much financing headroom exists?

For a buyer servicing this S$2.988 million property with a standard 25-year mortgage at approximately 3.5 percent per annum, the monthly mortgage obligation would be approximately S$13,500, requiring an annual household income of approximately S$648,000 to maintain a conservative TDSR ratio of 25 percent. Many buyers at this price point can comfortably service this obligation; however, those carrying existing debt obligations—car loans, credit cards, or prior property mortgages—should model their total servicing ratio carefully to remain within the 60 percent maximum TDSR threshold imposed by most financial institutions. The difference between the 60 percent maximum and 25 percent conservative threshold provides significant financing headroom for buyers with multiple income sources or substantial accumulated wealth, meaning financing availability is unlikely to constrain motivated purchasers. Prospective buyers should engage mortgage brokers early in their acquisition process to establish precise pre-approval limits and understand how their specific financial circumstances translate into available loan quantum.

How does Terra Hill compare to nearby competing developments in terms of value proposition?

The Pasir Panjang precinct contains several competing condominium developments across varying price points and generational vintages, with comparable three-bedroom units in newer developments typically commanding 10 to 15 percent premiums due to updated amenities and modern architectural aesthetics. Established buildings in the immediate vicinity often trade at slight discounts to newer projects, reflecting market perception of amenity modernity, though this discount narrows considerably when comparing properties with similar tenure remaining and equivalent MRT accessibility. Terra Hill's specific value proposition depends on its exact amenity profile, building management reputation, and any recent upgrading initiatives; established condominiums with active resident communities and proactive maintenance committees often command stronger resale retention than buildings perceived as aging or under-maintained. Buyers should conduct detailed comparison shopping across two or three proximate developments to calibrate whether Terra Hill's specific positioning—combining price, location, and condition—represents superior or average value relative to identified alternatives.

Are particular floor levels or unit orientations within Terra Hill preferable for value maximisation?

Within Singapore's condominium market, mid-to-high floor units (typically floors 8 through 20) command premiums of 5 to 10 percent over lower-floor equivalents, reflecting buyer preferences for reduced traffic noise, enhanced privacy, and perceived security benefits; corner or dual-aspect units typically command additional 3 to 5 percent premiums due to superior natural ventilation and reduced noise exposure from single-aspect exposure. Units facing established green spaces or water vistas command measurable premiums relative to street-facing or building-facing orientations, though the specific Pasir Panjang location would require direct property assessment to determine which exposures align with desirable viewpoints. For investment purposes, mid-floor units often represent superior value as they balance rental desirability with reduced price premiums, whereas owner-occupiers may prioritise specific exposures or views that justify higher pricing. Prospective purchasers should request detailed floor plans and conduct site visits across multiple floors to assess orientation, ambient noise characteristics, and personal preference alignment before finalising purchasing decisions.

What future supply pipeline developments might affect long-term value in the Pasir Panjang district?

The Pasir Panjang precinct benefits from relatively constrained new residential supply, with most recent development activity concentrated in adjacent areas like Sentosa and the southern waterfront precincts rather than within the established estate itself. Urban renewal and intensification policies continue to reshape surrounding districts; however, the mature character and low-rise zoning of central Pasir Panjang suggest new supply competition will remain limited relative to other developing precincts. The broader Clementi and Greater Southern Islands planning frameworks indicate potential residential intensification in nearby areas over the next decade; however, this expansion pattern typically enhances rather than diminishes the appeal of established properties with proven track records within the core estate. Any future transport enhancement announcements—such as Circle Line extensions or new MRT alignments—could materially enhance this location's attractiveness, creating positive asymmetric value potential for long-term holders. Buyers should monitor URA Master Plan updates and government transport ministry announcements periodically, as these typically signal supply intentions and infrastructure investment patterns that influence medium-to-long-term value trajectories in mature residential precincts.

Terra Hill 3-Bed Condo S$2.99M Pasir Panjang | 1,249 sqft