We track 28 sales and 236 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the THE PEAK@BALMEG dashboard.
- Average sale price: $3,035,767 across 28 transactions
- Estimated gross rental yield: 2.5%
- District 5 PSF ranking: Above average (top 39%)
- Freehold tenure · RCR · D5 · 180 units
About THE PEAK@BALMEG
THE PEAK@BALMEG is a freehold condominium, located at BALMEG HILL in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town) (Rest of Central Region), comprising 180 residential units, completed in 1988.
As a freehold property, THE PEAK@BALMEG does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at THE PEAK@BALMEG:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 4 | $1,793 psf | $1,861,250 |
| 4 BR | 13 | $1,666 psf | $2,645,298 |
| 5+ BR | 11 | $1,574 psf | $3,924,327 |
Sales Market Overview
THE PEAK@BALMEG has recorded 28 sale transactions with an average transaction price of $3,035,767, ranging from $1,780,000 to $4,900,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 7 | $1,514 psf | $2,902,857 | — |
| 2022 | 2 | $1,623 psf | $2,225,000 | ↑ 7.2% |
| 2023 | 7 | $1,633 psf | $2,889,840 | ↑ 0.6% |
| 2024 | 8 | $1,726 psf | $3,499,850 | ↑ 5.7% |
| 2025 | 3 | $1,841 psf | $2,678,333 | ↑ 6.7% |
| 2026 | 1 | $1,524 psf | $3,968,800 | ↓ 17.3% |
THE PEAK@BALMEG ranks in the top 39% of condos in District 5 by average PSF.
Compared to the RCR average of $2,049 psf, THE PEAK@BALMEG trades 19.6% below the segment benchmark.
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Rental Market Overview
THE PEAK@BALMEG has recorded 236 rental transactions with monthly rents averaging $6,261/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 48 | $4,449/mo | $3,300/mo | $5,400/mo |
| 3 BR | 133 | $6,043/mo | $4,300/mo | $8,500/mo |
| 4 BR | 22 | $7,055/mo | $5,450/mo | $9,000/mo |
| 5+ BR | 33 | $9,247/mo | $7,000/mo | $12,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 51 | $5,127/mo |
| 2022 | 49 | $5,852/mo |
| 2023 | 43 | $7,211/mo |
| 2024 | 43 | $6,449/mo |
| 2025 | 40 | $6,924/mo |
| 2026 | 10 | $6,505/mo |
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Investment Analysis
Based on average rents and sale prices, THE PEAK@BALMEG delivers an estimated gross rental yield of 2.5%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 5
Side-by-side comparison against the most actively traded condos in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| LANDED HOUSING DEVELOPMENT | Freehold | 156 | $1,845 psf | 6022 |
| NORMANTON PARK | 99 yrs lease commencing from 2019 | 1840 | $1,866 psf | 1415 |
| PARC CLEMATIS | 99 yrs lease commencing from 2019 | 1450 | $1,889 psf | 1398 |
| ELTA | 99 yrs lease commencing from 2024 | 501 | $2,555 psf | 403 |
| FABER RESIDENCE | 99 yrs lease commencing from 2025 | 399 | $2,158 psf | 380 |
Location Map
Map shows THE PEAK@BALMEG (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- THE PEAK@BALMEG
- Haw Par Villa MRT
- Pasir Panjang MRT
- Kent Ridge MRT
- Dulwich College (Singapore)
- National University of Singapore
Nearby MRT Stations
THE PEAK@BALMEG is 200m from Haw Par Villa MRT (Circle Line), with 3 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Haw Par Villa | CC25 | Circle Line | 200m |
| Pasir Panjang | CC26 | Circle Line | 1.1 km |
| Kent Ridge | CC24 | Circle Line | 1.2 km |
Nearby Schools
There are 2 schools within 2 km of THE PEAK@BALMEG.
| School | Type | Distance |
|---|---|---|
| Dulwich College (Singapore) | International | 1.2 km |
| National University of Singapore | Tertiary | 1.8 km |
FAQ
What is the average price for THE PEAK@BALMEG?
What is the rental yield for THE PEAK@BALMEG?
Is THE PEAK@BALMEG 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: 28 transactions analysed
- Rental data: 236 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 PEAK@BALMEG
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