Terra Hill

The whole argument for Terra Hill is permanence with access. Freehold supply in the Rest of Central Region has all but vanished because the sites are not released any more, and this one exists only because an old estate voted to sell. Pair that title with a 310m station walk and a coastline due for a multi-decade rebuild, and nothing nearby repeats it.

Terra Hill Prices: The Flynn Park Land Cost and the Caveat Curve

The land came from a collective sale, not a state tender. Hoi Hup and Sunway acquired the former Flynn Park for $371,000,000, or $1,318 psf per plot ratio, and launched in a $2,233 to $2,922 psf range in February 2023. Sites like that surface when an ageing freehold estate votes to sell, which is why nothing comparable has followed.

As of July 2026, the last sixty caveats cleared between $2,234 and $2,823 psf with a median around $2,665 psf. Over the twelve months to July 2026 the median reads slightly higher at $2,684 psf across 73 caveats, so pricing firmed as the handover year approached.

The unit-level prints fill that in. In July 2026 a 1,335 sqft three-bedroom transacted at $2,359 psf for $3,149,000 and a 678 sqft two-bedroom at $2,802 psf for $1,900,000. Small units carry the highest psf and large ones the lowest, so quantum buyers here get the cheapest square feet in the estate.

On the developer’s current list the two-bedroom band is sold out, having opened from $1,555,000 at $2,492 psf. What remains starts at $2,517,000 for a three-bedroom at $2,598 psf, $3,222,000 for a four-bedroom at $2,094 psf and $5,574,000 for a five-bedroom at $2,629 psf. That four-bedroom entry is the lowest psf on the list and the sharpest line in the project.

The absorption curve is honest reading: 105 caveats in the 2023 launch year, 14 through 2024, 42 in 2025 and 51 more by July 2026, 212 of 270 homes. A strong debut, a flat second year while the market digested cooling measures, then a clear reacceleration as the TOP date came into view. One note before you compare: Terra Hill was acquired before GFA harmonisation took effect, so its strata areas still include aircon ledges that newer launches exclude.

Sizing an entry here? Talk to us before you choose a block. We’ll work the stack, level and outlook numbers with you, honest advice, no pressure. WhatsApp us.

Terra Hill Floor Plans: Twenty-Four Formats Up the Slope

Twenty-four unit types across 270 homes is a lot of choice for a project this size, and the Terra Hill floor plan set is built around the middle of the ladder rather than the bottom. The two-bedroom band is small and deliberate: 30 units at 624 to 678 sqft, plus 40 two-bedroom-plus-study at 807 sqft, generous enough to read as a young family layout rather than a rental box.

The three-bedroom tier carries the estate. One hundred and twenty-six units run from 904 to 1,335 sqft across nine layout families, so a buyer can move between a compact plan and near four-bedroom proportions without leaving the tier. Above it sit 39 four-bedders from 1,302 to 1,862 sqft, 24 four-bedroom Prestige at 1,894 sqft, five units at 2,120 to 2,164 sqft and six five-bedroom Prestige homes at 3,035 sqft.

Price the ladder at the July 2026 median of about $2,665 psf and it maps out like this: the 624 sqft two-bedder lands near $1.65m, the 807 sqft two-bed-plus-study about $2.15m, the 904 sqft three-bedroom near $2.4m and the 1,335 sqft three-bedroom around $3.55m. The four-bedroom band lands between roughly $3.45m and $4.95m, and the 3,035 sqft Prestige near $8.1m. That is arithmetic on the caveat record, not a quote.

Holding costs are banded sensibly: $480 monthly across the two and three-bedroom formats, $560 for the four-bedders, $640 for the five-bedroom and four-bedroom Prestige homes and $720 for the five-bedroom Prestige. P&T Consultants, Sitectonix and Straits Construction have worked the Yew Siang gradient into gardens rather than fighting it. The trade is physical: slopes and stairs are part of the routine, so walk your block from the carpark before you shortlist.

Is Terra Hill Worth Buying? Freehold in a Leasehold Corridor

Pasir Panjang is a subzone of small buildings. 56 private developments share about 3,684 homes, an average of 66 units each, and the list is dominated by boutique blocks from the 1980s and 1990s. At 270 homes Terra Hill is the second largest in it, and only two are under construction: Terra Hill and The Hillshore at 59 units, both due 2027. That 329 is the pocket’s entire incoming supply.

Everything modern around it runs on a lease. Kent Ridge Hill Residences at 548 units and Normanton Park at 1,862 both completed in 2023 on 99-year tenure, and the Queenstown belt repeats the pattern with Stirling Residences, Queens Peak, Commonwealth Towers and Margaret Ville. Our 99-year versus freehold guide sets out what that gap is worth over a long hold, which is less than the marketing claims and more than the sceptics allow.

Queenstown has nine private projects completing after 2026 and Terra Hill is one; the other eight add about 2,825 homes, led by Skye at Holland at 666 units, Penrith at 462 and Bloomsbury Residences at 358, both on 99-year tenure. Only two of the nine land inside Pasir Panjang. On the demand side Queenstown carries about 44,030 HDB flats, 21,821 of them 4-room or larger, and the compact and three-bedroom formats here are what that upgrader pool can reach.

North of the ridge the tenant engine is already running. NUS, NUH, Science Park and one-north put academics, clinicians and technology professionals within a short commute, and our rental yields guide sets out what that corridor has been sustaining. Our review of Hudson Place Residences reads the same demand story from the other side of the ridge. Only 70 Terra Hill homes sit in the two-bedroom band, so the rental float here is genuinely small.

Below the ridge, the port lands fall inside the URA Master Plan scope for the Greater Southern Waterfront, and the power station redevelopment nearby is already underway. Nobody should underwrite a purchase on that finishing soon, because the horizon runs in decades. What it changes is the direction of travel for a stretch that spent fifty years as port land, and a freehold title is the one structure that can wait for it. Our Q2 2026 property market review puts current pricing in national context.

Who Terra Hill Suits

Terra Hill suits long-hold families and legacy buyers who want freehold with a real station walk in a nature-adjacent setting, households with teenagers who can use the Circle Line independently, and anyone who values a one-per-unit carpark and a density they can take in from the ground. It is a title to pass down rather than a five-year trade.

Renters read it from the other side. A freehold five-storey estate with a 50m lap pool, an aqua gym and a club room, 310m from a Circle Line station and minutes from NUS, Science Park and one-north, is differentiated stock in a corridor whose rental supply is dominated by large leasehold towers. With 70 two-bedroom units, a landlord here competes against a very short list.

Fit runs the other way too. School-driven families with a P1 ballot ahead of them are better served by an address with a primary school inside the 1km line. Buyers who want a mall at the lift lobby should look at the Queenstown MRT belt, because daily life here runs on the older Pasir Panjang grain, with Alexandra Retail Centre and Queensway Shopping Centre the nearest set. And a narrow category cuts both ways on exit: the pool for a $5m hillside home is smaller than for a $1.5m two-bedder.

Thinking about Terra Hill? The freehold premium over Kent Ridge Hill’s completed 99-year resale is the exact trade to price, and it changes with the format you pick. Before you commit, speak to us. We’ll run the numbers with you, honest advice, no pressure. WhatsApp us.