# Terra Hill records new psf-price low of $2,093 in developer sale

- **Source:** EdgeProp Singapore
- **Published:** 2026-09-03T08:00:00.000Z
- **Author:** Ashley Lo
- **Original:** https://www.edgeprop.sg/property-news/terra-hill-records-new-psf-price-low-2093-developer-sale
- **Topics:** Private Residential, New Launches, Transactions & Deals

## Featured rationale

The new low, alongside 54 unsold units after a 38% launch take-up, may signal price sensitivity and potentially influence pricing decisions for remaining units.

## AI summary

Terra Hill recorded its first sale below $2,100 psf when a 1,539 sq ft four-bedder sold for $3.22 million, or $2,093 psf.

## Original article

Freehold condo Terra Hill was the only private non-landed residential project to set a new psf-price floor during the week of Aug 18 to 25. It struck $2,093 psf when the developers sold a 1,539 sq ft four-bedder on the fifth floor for $3.22 million on Aug 18.

This is the first time an apartment at the District 5 development has fetched less than $2,100 psf. It falls below the project’s previous low of $2,233 psf, which involved an 840 sq ft two-bedder purchased from the developers for $1.88 million in February 2023.

Terra Hill is a 270-unit development situated at the top of Yew Siang Road, off Pasir Panjang Road. It comprises two- to five-bedders measuring between 624 and 2,142 sq ft. There are also six five-bedroom duplex penthouses of 3,035 sq ft.

Read also: Three-bedder at Goldenhill Park Condominium scores $2.55 mil profit

Over its launch weekend in February 2023, Terra Hill logged a 38% take-up rate at an average selling price of around $2,650 psf. Based on caveats lodged as of Sept 1, there are 54 units that remain unsold.

Terra Hill is expected to receive its temporary occupation permit in 2028.

As for new psf-price highs, Goldenhill Park Condominium topped the list among private non-landed residential developments.

A 1,313 sq ft, three-bedroom unit on the 16th floor fetched $3.5 million on Aug 19, setting a fresh record of $2,665 psf at the freehold project.

It surpasses the condo’s previous price peak of $2,547 psf, established just three weeks earlier from the sale of a larger 1,335 sq ft three-bedder for $3.4 million on July 28.

Located along Mei Hwan Drive in District 20, Goldenhill Park Condominium is a 390-unit development that was completed in 2004. It features five 20-storey residential blocks that house two- to four-bedders ranging from 926 to 2,928 sq ft.

The development commands one of the highest average resale prices in the neighbourhood.

Based on caveats compiled by EdgeProp Singapore, the condo averaged $2,386 psf over the past 12 months, outperforming projects such as The Springbloom and Chiltern Park, which averaged $1,586 psfw and $1,580 psf, respectively.

Read also: Sale of four-bedder takes Geylang condo Parc Esta to new high of $2,679 psf

In terms of absolute price, the most expensive transaction at Goldenhill Park Condominium involved a 2,928 sq ft, four-bedroom penthouse that changed hands for $4.3 million ($1,469 psf) in February 2022.

The second highest psf-price for the week came from a 1,582 sq ft, three-bedroom unit at Aspen Heights. The 14th-floor unit was sold for $4.1 million on Aug 21, setting a new psf-price high of $2,591 at the 999-year leasehold development.

The sale edges past the condo’s previous record of $2,538 psf, which occurred three months prior on May 21, when a 1,324 sq ft, three-bedroom unit changed hands for $3.36 million.

Completed in 1998, Aspen Heights has a total of 606 units housed in two Y-shaped, 16-storey residential blocks. Its two- to five-bedders span 883 to 3,197 sq ft.

Located along River Valley Road in prime District 9, the development is within a two- to six-minute drive from amenities, including Great World, the Orchard Road shopping belt and Fort Canning.

Caveats lodged show that the development has posted 10 resales thus far in 2026, at an average price of $2,456 psf.

Read also: Sixteen35 Residences dips to record-low $1,334 psf on resale

Excluding the Aug 21 and May 21 transactions, the other units — sized between 1,044 and 1,572 sq ft — were sold at prices ranging from $2,263 to $2,515 psf.

## Chinese translation

> Translation model: grok_cli

### Terra Hill发展商销售创下每平方英尺新币2,093元新低

Terra Hill创下本周唯一的每平方英尺价格新低，而Goldenhill Park Condominium和Aspen Heights则刷新高点。

永久地契公寓Terra Hill是8月18日至25日当周唯一创下每平方英尺价格新低的私人非有地住宅项目。发展商于8月18日售出一套位于五楼、面积1,539平方英尺的四房单位，成交价为新币322万元，折合每平方英尺新币2,093元。

这是该第五区项目的公寓首次成交价低于每平方英尺新币2,100元。该成交价低于项目此前每平方英尺新币2,233元的低点，当时是2023年2月从发展商购入一套840平方英尺的两房单位，成交价为新币188万元。

Terra Hill是一个拥有270个单位的项目，坐落于巴西班让路旁Yew Siang Road的高处。项目包括两房至五房单位，面积介乎624至2,142平方英尺。另有六套面积为3,035平方英尺的五房复式顶层公寓。

另读：Goldenhill Park Condominium三房单位录得新币255万元获利

在2023年2月的开盘周末，Terra Hill录得38%认购率，平均售价约为每平方英尺新币2,650元。根据截至9月1日提交的买卖交易记录，仍有54个单位未售出。

Terra Hill预计将于2028年获得临时入伙准证。

至于每平方英尺价格新高，Goldenhill Park Condominium在私人非有地住宅项目中位居榜首。

一套位于16楼、面积1,313平方英尺的三房单位于8月19日以新币350万元成交，为该永久地契项目创下每平方英尺新币2,665元的新纪录。

该成交价超越了该公寓此前每平方英尺新币2,547元的价格高点，该高点仅在三周前由一套更大的1,335平方英尺三房单位于7月28日以新币340万元售出而创下。

Goldenhill Park Condominium位于第二十区Mei Hwan Drive，是一个于2004年竣工、拥有390个单位的项目。项目设有五座20层高的住宅楼，提供两房至四房单位，面积介乎926至2,928平方英尺。

该项目是附近平均转售价最高的项目之一。

根据EdgeProp Singapore汇编的买卖交易记录，该公寓过去12个月的平均价格为每平方英尺新币2,386元，表现优于The Springbloom和Chiltern Park等项目，后两者的平均价格分别为每平方英尺新币1,586元和每平方英尺新币1,580元。

另读：四房单位成交使芽笼公寓Parc Esta创下每平方英尺新币2,679元新高

就绝对价格而言，Goldenhill Park Condominium最昂贵的一笔交易是一套2,928平方英尺的四房顶层公寓，于2022年2月以新币430万元（每平方英尺新币1,469元）转手。

本周第二高的每平方英尺价格来自Aspen Heights一套1,582平方英尺的三房单位。该14楼单位于8月21日以新币410万元售出，为这个999年地契项目创下每平方英尺新币2,591元的新高。

该成交价略高于该公寓此前每平方英尺新币2,538元的纪录，该纪录发生在三个月前的5月21日，当时一套1,324平方英尺的三房单位以新币336万元转手。

Aspen Heights于1998年竣工，共有606个单位，分布在两座Y字形、16层高的住宅楼内。其两房至五房单位面积介乎883至3,197平方英尺。

该项目位于黄金地段第九区里峇峇利路，距离Great World、乌节路购物带和福康宁等配套设施仅两至六分钟车程。

已提交的买卖交易记录显示，该项目在2026年迄今已录得10宗转售交易，平均价格为每平方英尺新币2,456元。

另读：Sixteen35 Residences转售跌至每平方英尺新币1,334元的纪录低点

剔除8月21日和5月21日的交易后，其余面积介乎1,044至1,572平方英尺的单位，成交价介乎每平方英尺新币2,263元至2,515元。
