The Bale
The Bale is a freehold condominium located in District 15 (Joo Chiat, Amber Road, Katong), part of the Outside Central Region (OCR). The development was completed in 2009 and comprises 36 units. Sale and rental figures on this page are compiled from URA transaction records.
THE BALE
Over the 12 months to Oct 2024, The Bale recorded 3 rental contracts at a median $4,500/mo. Source: URA caveat data, as of Oct 2024.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Oct-24 | $1,618,000 | $1,534 psf | 1,055 sqft | 01 to 05 | 3BR |
| Sep-24 | $1,555,000 | $1,459 psf | 1,066 sqft | 01 to 05 | 3BR |
| Aug-24 | $1,551,000 | $1,517 psf | 1,023 sqft | 01 to 05 | 3BR |
| Aug-24 | $1,565,000 | $1,469 psf | 1,066 sqft | 01 to 05 | 3BR |
| May-24 | $1,580,000 | $1,299 psf | 1,216 sqft | 01 to 05 | 3BR |
| Apr-24 | $1,868,000 | $1,509 psf | 1,238 sqft | 01 to 05 | 3BR |
| Apr-24 | $2,188,000 | $1,287 psf | 1,701 sqft | 01 to 05 | 4BR |
| Jan-24 | $1,800,000 | $1,493 psf | 1,206 sqft | 01 to 05 | 3BR |
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.