We track 8 sales and 37 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the THE BALMORAL SPRING dashboard.
- Average sale price: $2,812,500 across 8 transactions
- Estimated gross rental yield: 2.2%
- District 10 PSF ranking: Above average (top 42%)
- Freehold tenure · CCR · D10 · 27 units
About THE BALMORAL SPRING
THE BALMORAL SPRING is a freehold condominium, located at BALMORAL CRESCENT in District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin) (Core Central Region), developed by TG DEVELOPMENT PTE LTD, comprising 27 residential units, completed in 2001.
As a freehold property, THE BALMORAL SPRING does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at THE BALMORAL SPRING:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 6 | $2,260 psf | $2,522,500 |
| 4 BR | 1 | $2,334 psf | $3,165,000 |
| 5+ BR | 1 | $1,548 psf | $4,200,000 |
Sales Market Overview
THE BALMORAL SPRING has recorded 8 sale transactions with an average transaction price of $2,812,500, ranging from $2,285,000 to $4,200,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 1 | $1,548 psf | $4,200,000 | — |
| 2023 | 3 | $2,169 psf | $2,445,000 | ↑ 40.1% |
| 2024 | 2 | $2,390 psf | $2,675,000 | ↑ 10.2% |
| 2025 | 2 | $2,305 psf | $2,807,500 | ↓ 3.5% |
THE BALMORAL SPRING ranks in the top 42% of condos in District 10 by average PSF.
Compared to the CCR average of $2,447 psf, THE BALMORAL SPRING trades 10.9% below the segment benchmark.
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Rental Market Overview
THE BALMORAL SPRING has recorded 37 rental transactions with monthly rents averaging $5,070/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 4 | $3,975/mo | $2,900/mo | $4,500/mo |
| 3 BR | 33 | $5,203/mo | $3,500/mo | $9,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 9 | $3,872/mo |
| 2022 | 10 | $5,355/mo |
| 2023 | 6 | $5,667/mo |
| 2024 | 4 | $5,350/mo |
| 2025 | 6 | $5,517/mo |
| 2026 | 2 | $5,350/mo |
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Investment Analysis
Based on average rents and sale prices, THE BALMORAL SPRING delivers an estimated gross rental yield of 2.2%. 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 THE BALMORAL SPRING (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- THE BALMORAL SPRING
- Newton MRT
- Newton MRT
- Stevens MRT
- Stevens MRT
- Novena MRT
- Anglo-Chinese School (Primary)
- Singapore Chinese Girls'
- St. Anthony'
Nearby MRT Stations
THE BALMORAL SPRING is 460m from Newton MRT (North-South Line), with 9 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Newton | NS21 | North-South Line | 460m |
| Newton | DT11 | Downtown Line | 460m |
| Stevens | DT10 | Downtown Line | 1.1 km |
| Stevens | TE11 | Thomson-East Coast Line | 1.1 km |
| Novena | NS20 | North-South Line | 1.2 km |
| Orchard | NS22 | North-South Line | 1.3 km |
| Orchard | TE14 | Thomson-East Coast Line | 1.3 km |
| Mount Pleasant | TE10 | Thomson-East Coast Line | 1.3 km |
Nearby Schools
There are 16 schools within 2 km of THE BALMORAL SPRING, including 6 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Anglo-Chinese School (Primary) | Primary | 120m |
| Singapore Chinese Girls' School (Primary) | Primary | 240m |
| St. Anthony's Primary School | Primary | 770m |
| ISS International School (Preston) | International | 910m |
| St. Joseph's Institution | Secondary | 970m |
| 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 | 1.6 km |
| New Town Primary School | Primary | 1.6 km |
FAQ
What is the average price for THE BALMORAL SPRING?
What is the rental yield for THE BALMORAL SPRING?
Is THE BALMORAL SPRING freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 8 transactions analysed
- Rental data: 37 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 THE BALMORAL SPRING
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