Urban Heritage
Urban Heritage is a freehold condominium in District 12 (Toa Payoh, Serangoon, Balestier), within Singapore's Rest of Central Region (RCR). Completed in 2015, the development comprises 15 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
URBAN HERITAGE is a freehold condominium at BALESTIER ROAD in District 12 (RCR), developed by TIEC HOLDINGS PTE LTD, comprising 15 units, completed in 2015.
Location & Connectivity
URBAN HERITAGE is approximately 970m from Boon Keng MRT station, with 5 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Boon Keng | North-East Line | 970m |
| Farrer Park | North-East Line | 1.1 km |
| Novena | North-South Line | 1.1 km |
| Bendemeer | Downtown Line | 1.4 km |
| Toa Payoh | North-South Line | 1.4 km |
Schools & Education
24 schools within 2 km (2 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| CHIJ Our Lady Queen of Peace | Primary | 580m |
| Farrer Park Primary School | Primary | 1 km |
| Beatty Secondary School | Secondary | 1.1 km |
| Bendemeer Primary School | Primary | 1.1 km |
| Bendemeer Secondary School | Secondary | 1.2 km |
| School of Science and Technology | JC | 1.2 km |
| CHIJ Secondary (Toa Payoh) | Secondary | 1.2 km |
| St. Margaret's Secondary School | Secondary | 1.4 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 2 | $1,406 psf | $650,500 |
| 1 BR | 1 | $1,290 psf | $750,000 |
Market Position
URBAN HERITAGE has recorded 3 sales at an average price of $683,667.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 1 | $1,290 psf | — |
| 2022 | 1 | $1,419 psf | ↑ 10.0% |
| 2026 | 1 | $1,394 psf | ↓ 1.8% |
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The series remains near its 2022 high — URBAN HERITAGE prices sit 8.0% above where they began in 2021.
Price Index Check
The ShiokNest Price Index for District 12 reads 147.7 as of June 2026 — up 14.3% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| THE ORIE | 99 yrs lease commencing from 2024 | $2,730 psf | 741 |
| EIGHT RIVERSUITES | 99 yrs lease commencing from 2011 | $1,649 psf | 312 |
| GEM RESIDENCES | 99 yrs lease commencing from 2015 | $1,845 psf | 202 |
| TREVISTA | 99 yrs lease commencing from 2008 | $1,711 psf | 150 |
| VERTICUS | Freehold | $2,127 psf | 131 |
What Could Work Against You
- With just 1 sale in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 15-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
Best suited for
Who This Actually Suits
The profile fits car-owning households, wfh / hybrid workers, hawker / food enthusiasts and yield-focused investors best. Parking and arterial road access matter more here than walking-distance MRT.
For long-term hold (10+ yr), it can work — but weigh the trade-offs before committing.
It is a weaker fit for multi-generational families and resort facilities — other options likely serve them better. Larger unit configurations or dual-key layouts make this viable for 3-generation households.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
URBAN HERITAGE is a freehold development in District 12 (RCR), with 15 units, offering a gross yield of 4.7%.
At ~$1,394 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full URBAN HERITAGE dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing URBAN HERITAGE against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (100m away)
- Toa Payoh — 4-room average $929,793 (940m away)
- Central Area — 4-room average $1,088,814 (1.4 km away)
FAQ
What is the average PSF for URBAN HERITAGE?
Is URBAN HERITAGE freehold?
What is the rental yield for URBAN HERITAGE?
Which MRT is nearest to URBAN HERITAGE?
Sources & Next Steps
- URBAN HERITAGE Dashboard — Live charts and analytics
- URA — Official transaction data
- District 12 (Toa Payoh, Serangoon, Balestier) — District 12 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 3 transactions
- Rental data: 41 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jun 2026 · 3 records analysed · Source: URA private-sale caveats