We track 33 sales and 270 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the THE MEZZO dashboard.
- Average sale price: $1,266,950 across 33 transactions
- Estimated gross rental yield: 3.2%
- District 12 PSF ranking: Above average (top 32%)
- Freehold tenure · RCR · D12 · 127 units
About THE MEZZO
THE MEZZO is a freehold condominium, located at BALESTIER ROAD in District 12 (Toa Payoh, Serangoon, Balestier) (Rest of Central Region), developed by SB (RUBY) DEVELOPMENT PTE LTD, comprising 127 residential units, completed in 2014.
As a freehold property, THE MEZZO does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at THE MEZZO:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 6 | $1,578 psf | $883,000 |
| 2 BR | 24 | $1,590 psf | $1,327,140 |
| 3 BR | 1 | $1,463 psf | $1,480,000 |
| 4 BR | 2 | $997 psf | $1,590,000 |
Sales Market Overview
THE MEZZO has recorded 33 sale transactions with an average transaction price of $1,266,950, ranging from $835,000 to $1,700,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 9 | $1,398 psf | $1,240,308 | — |
| 2022 | 5 | $1,546 psf | $1,214,400 | ↑ 10.6% |
| 2023 | 5 | $1,594 psf | $1,277,600 | ↑ 3.1% |
| 2024 | 7 | $1,634 psf | $1,181,384 | ↑ 2.5% |
| 2025 | 4 | $1,580 psf | $1,532,222 | ↓ 3.3% |
| 2026 | 3 | $1,683 psf | $1,262,667 | ↑ 6.5% |
THE MEZZO ranks in the top 32% of condos in District 12 by average PSF.
Compared to the RCR average of $2,049 psf, THE MEZZO trades 24.5% below the segment benchmark.
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Rental Market Overview
THE MEZZO has recorded 270 rental transactions with monthly rents averaging $3,370/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 37 | $2,795/mo | $2,000/mo | $3,500/mo |
| 2 BR | 233 | $3,462/mo | $2,200/mo | $5,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 46 | $2,625/mo |
| 2022 | 63 | $3,126/mo |
| 2023 | 47 | $3,673/mo |
| 2024 | 49 | $3,691/mo |
| 2025 | 50 | $3,633/mo |
| 2026 | 15 | $3,810/mo |
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Investment Analysis
Based on average rents and sale prices, THE MEZZO delivers an estimated gross rental yield of 3.2%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 12
Side-by-side comparison against the most actively traded condos in District 12 (Toa Payoh, Serangoon, Balestier):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| THE ORIE | 99 yrs lease commencing from 2024 | 52 | $2,730 psf | 740 |
| EIGHT RIVERSUITES | 99 yrs lease commencing from 2011 | 843 | $1,645 psf | 306 |
| GEM RESIDENCES | 99 yrs lease commencing from 2015 | 578 | $1,838 psf | 196 |
| TREVISTA | 99 yrs lease commencing from 2008 | 590 | $1,702 psf | 147 |
| VERTICUS | Freehold | 162 | $2,122 psf | 128 |
Location Map
Map shows THE MEZZO (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- THE MEZZO
- Farrer Park MRT
- Novena MRT
- Boon Keng MRT
- Bendemeer MRT
- Toa Payoh MRT
- CHIJ Our Lady Queen of Peace
- Farrer Park Primary School
- Beatty Secondary School
Nearby MRT Stations
THE MEZZO is 920m from Farrer Park MRT (North-East Line), with 5 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Farrer Park | NE8 | North-East Line | 920m |
| Novena | NS20 | North-South Line | 940m |
| Boon Keng | NE9 | North-East Line | 1.0 km |
| Bendemeer | DT23 | Downtown Line | 1.4 km |
| Toa Payoh | NS19 | North-South Line | 1.5 km |
Nearby Schools
There are 21 schools within 2 km of THE MEZZO, including 2 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| CHIJ Our Lady Queen of Peace | Primary | 420m |
| Farrer Park Primary School | Primary | 910m |
| Beatty Secondary School | Secondary | 1.2 km |
| Bendemeer Primary School | Primary | 1.2 km |
| St. Margaret's Secondary School | Secondary | 1.2 km |
| Bendemeer Secondary School | Secondary | 1.3 km |
| St. Margaret's Primary School | Primary | 1.3 km |
| School of Science and Technology | Jc | 1.3 km |
| CHIJ Secondary (Toa Payoh) | Secondary | 1.4 km |
| Hong Wen School | Primary | 1.5 km |
| Balestier Hill Primary School | Primary | 1.5 km |
| LASALLE College of the Arts | Tertiary | 1.6 km |
FAQ
What is the average price for THE MEZZO?
What is the rental yield for THE MEZZO?
Is THE MEZZO 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: 33 transactions analysed
- Rental data: 270 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 MEZZO
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.