The Peak@balmeg
The Peak@Balmeg is a freehold condominium located in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town), part of the Rest of Central Region (RCR). The development was completed in 1988 and comprises 180 units. Sale and rental figures on this page are compiled from URA transaction records.
THE PEAK@BALMEG
Over the 12 months to Jan 2026, The Peak@balmeg recorded 4 resale transactions at a median $1,770 psf (median price $3,035,000), and 42 rental contracts at a median $6,350/mo, a gross rental yield of 2.5%. Source: URA caveat data, as of Jan 2026.
The Peak@balmeg's median of $1,770 psf over the trailing 12 months places its pricing above roughly 61% of District 5 condos; resale liquidity has been limited with 4 caveats lodged; the 2.5% gross rental yield sits below the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jan-26 | $3,968,800 | $1,524 psf | 2,605 sqft | 01 to 05 | 5BR |
| Oct-25 | $3,250,000 | $1,668 psf | 1,948 sqft | 01 to 05 | 5BR |
| Sep-25 | $1,965,000 | $1,984 psf | 990 sqft | 01 to 05 | 3BR |
| Aug-25 | $2,820,000 | $1,871 psf | 1,507 sqft | 01 to 05 | 4BR |
| Dec-24 | $3,300,000 | $1,881 psf | 1,755 sqft | 01 to 05 | 4BR |
| Dec-24 | $4,818,800 | $1,571 psf | 3,068 sqft | 01 to 05 | 5BR |
| Dec-24 | $4,360,000 | $1,674 psf | 2,605 sqft | 01 to 05 | 5BR |
| Jun-24 | $4,280,000 | $1,623 psf | 2,637 sqft | 01 to 05 | 5BR |
Can I afford The Peak@balmeg?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $3,035,000.
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.