BALMORAL CREST is a freehold development along BALMORAL CRESCENT in District 10 (Bukit Timah / Holland), part of the CCR segment of Singapore's private residential market. The project comprises 24 units and is TOP 2003.
This profile draws on 6 recorded transactions from URA to frame the project's character: who actually lives here, who buys here, and where the pricing sits relative to immediate alternatives. For the broader district context, see the Singapore price-heatmap map.
At roughly 23 years from TOP, BALMORAL CREST is in mature-resale territory: a clear track record on capital appreciation, defined renovation and refurbishment cycles, and lease-decay considerations starting to enter the picture (if leasehold).
Within District 10 (Bukit Timah / Holland), the immediate context for BALMORAL CREST is shaped by the broader URA Master Plan zoning for the area, ongoing or planned infrastructure (MRT extensions, expressway changes, school relocations), and the supply pipeline of nearby launches. See the URA Master Plan 2019 for the precinct-specific land-use overlay before underwriting medium-term capital appreciation.
We track 6 sales and 56 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the BALMORAL CREST dashboard.
- Average sale price: $2,043,333 across 6 transactions
- Estimated gross rental yield: 2.8%
- District 10 PSF ranking: Mid-range (top 64%)
- Freehold tenure · CCR · D10 · 24 units
About BALMORAL CREST
BALMORAL CREST is a freehold condominium, located at BALMORAL CRESCENT in District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin) (Core Central Region), developed by FIRST BALMORAL DEVELOPMENT PTE LTD, comprising 24 residential units, completed in 2003.
As a freehold property, BALMORAL CREST does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at BALMORAL CREST:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 1 | $2,000 psf | $1,550,000 |
| 3 BR | 5 | $1,917 psf | $2,142,000 |
Sales Market Overview
BALMORAL CREST has recorded 6 sale transactions with an average transaction price of $2,043,333, ranging from $1,550,000 to $2,330,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 1 | $1,822 psf | $2,000,000 | — |
| 2022 | 2 | $1,904 psf | $2,090,000 | ↑ 4.5% |
| 2024 | 2 | $1,977 psf | $2,265,000 | ↑ 3.9% |
| 2025 | 1 | $2,000 psf | $1,550,000 | ↑ 1.2% |
BALMORAL CREST ranks in the top 64% of condos in District 10 by average PSF.
Compared to the CCR average of $2,447 psf, BALMORAL CREST trades 21.1% below the segment benchmark.
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Rental Market Overview
BALMORAL CREST has recorded 56 rental transactions with monthly rents averaging $4,841/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 25 | $4,203/mo | $2,065/mo | $9,600/mo |
| 2 BR | 26 | $4,917/mo | $3,000/mo | $6,000/mo |
| 3 BR | 5 | $7,640/mo | $5,500/mo | $9,300/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 14 | $3,807/mo |
| 2022 | 7 | $3,986/mo |
| 2023 | 11 | $5,827/mo |
| 2024 | 7 | $4,900/mo |
| 2025 | 13 | $5,274/mo |
| 2026 | 4 | $5,738/mo |
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Investment Analysis
Based on average rents and sale prices, BALMORAL CREST delivers an estimated gross rental yield of 2.8%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 10
Side-by-side comparison against the most actively traded condos in District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| SKYE AT HOLLAND | 99 yrs lease commencing from 2024 | 666 | $2,946 psf | 666 |
| LEEDON GREEN | Freehold | 638 | $2,786 psf | 571 |
| D'LEEDON | 99 yrs lease commencing from 2010 | 1703 | $1,861 psf | 438 |
| HYLL ON HOLLAND | Freehold | 319 | $2,648 psf | 327 |
| FOURTH AVENUE RESIDENCES | 99 yrs lease commencing from 2018 | 476 | $2,465 psf | 296 |
Location Map
Map shows BALMORAL CREST (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- BALMORAL CREST
- Newton MRT
- Newton MRT
- Stevens MRT
- Stevens MRT
- Novena MRT
- Anglo-Chinese School (Primary)
- Singapore Chinese Girls'
- St. Anthony'
Nearby MRT Stations
BALMORAL CREST is 510m from Newton MRT (North-South Line), with 9 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Newton | NS21 | North-South Line | 510m |
| Newton | DT11 | Downtown Line | 510m |
| Stevens | DT10 | Downtown Line | 1.0 km |
| Stevens | TE11 | Thomson-East Coast Line | 1.0 km |
| Novena | NS20 | North-South Line | 1.2 km |
| Mount Pleasant | TE10 | Thomson-East Coast Line | 1.3 km |
| Orchard | NS22 | North-South Line | 1.3 km |
| Orchard | TE14 | Thomson-East Coast Line | 1.3 km |
Nearby Schools
There are 16 schools within 2 km of BALMORAL CREST, including 6 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Anglo-Chinese School (Primary) | Primary | 160m |
| Singapore Chinese Girls' School (Primary) | Primary | 260m |
| St. Anthony's Primary School | Primary | 810m |
| ISS International School (Preston) | International | 910m |
| St. Joseph's Institution | Secondary | 930m |
| ISS International School (Paterson) | International | 990m |
| St. Margaret's Primary School | Primary | 1.1 km |
| St. Margaret's Secondary School | Secondary | 1.2 km |
| Chatsworth International School (Orchard) | International | 1.4 km |
| ACS (Junior) | Primary | 1.5 km |
| Methodist Girls' School | Secondary | 1.5 km |
| New Town Primary School | Primary | 1.6 km |
Tenure resilience. Freehold tenure removes the lease-decay headwind that affects 99-year leasehold stock from ~year 60 onward. CPF eligibility, loan-tenure caps, and resale buyer pool are all preserved without the time-decay clock. For long holds (15+ years), this matters meaningfully more than headline PSF.
Walking-distance MRT. Newton is about 0.51km — within the conventional 10-minute walk threshold most tenants accept. The project benefits from the public-transport premium without the price compression that <500m flagship stations command.
Boutique character. With 24 units, BALMORAL CREST keeps a low-density character — fewer residents per facility, quieter corridors, more curated common spaces. Suits buyers prioritising unit-interior quality and neighbour proximity over deep facilities breadth.
School-belt proximity. Anglo-Chinese School (Primary) sits about 0.16km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Thin transaction history. With only 6 recorded sales, comparable-sales analysis is fragile — a single outlier transaction can skew the apparent price level by 5-10%. Triangulate with nearby district comparables rather than rely on within-project averages alone.
Cycle-sensitivity. Like all Singapore private residential, the project's capital appreciation and rental yields move with broader macro factors — mortgage rate environment, MAS macroprudential stance (TDSR, ABSD), and the supply-pipeline tempo. Build a 5pp rate buffer into your stress test.
- ✅ Young couple, first home: Long balance lease + likely sub-CCR pricing
- ✅ Family with school-age kids: Nearby schools support MOE registration priority
- ✅ CBD commuter: Walking-distance MRT supports daily commute
- ❌ Rental investor (yield-focused): Thin transaction history makes underwriting fragile
- ⚠️ Foreign professional (expat): MRT plus mid-size facility suite typically meets expat-tenant criteria
- ✅ Long-term hold (10+ yr): Tenure supports CPF + buyer-pool through hold
Composite assessment: BALMORAL CREST hits the three structural levers that anchor long-term Singapore residential value: a prime district position, walkable MRT, and a long balance lease. Premium pricing is the trade-off; buyers paying that premium are buying scarcity rather than yield. 6 transactions in URA provide the data foundation for this view.
Suggested holding period for most buyer profiles: 8-15 years to absorb full cycle and capture the prime-district capital-appreciation thesis. Cross-reference per-bedroom net yield against district comparables via the compare-tool, model monthly cash-flow with the mortgage calculator, and confirm your effective BSD+ABSD cost using the stamp-duty calculator before finalising. This profile is informational; not a personal investment recommendation.
FAQ
What is the average price for BALMORAL CREST?
What is the rental yield for BALMORAL CREST?
Is BALMORAL CREST freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA.
- Sales data: 6 transactions analysed
- Rental data: 56 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for BALMORAL CREST
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.
New Sale vs Resale Mix
Of the 1,955 condo transactions recorded in District 10 over the last 12 months, 50% resale, 48% new sale, 2% sub sale. A resale-heavy mix points to an established market trading on fundamentals; a new-sale-heavy mix means developer launches are setting the price benchmarks.
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Price Index Check
The ShiokNest Price Index for District 10 reads 116.8 as of June 2026 — down 3.6% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Upcoming Supply Pipeline
1 active Government Land Sales site in District 10 could add roughly 180 new units to local supply. Incoming supply of this scale tends to cap short-term price growth in the immediate area but also signals planning confidence in the location.
| Site | Street | Est. units | List | Status |
|---|---|---|---|---|
| Holland Plain | — | ~180 | Reserve | Available |
HDB Alternatives Nearby
Weighing BALMORAL CREST against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (1.5 km away), an upgrader gap of about $1,150,000
- Toa Payoh — 4-room average $929,793 (1.8 km away), an upgrader gap of about $1,100,000