*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.
**Based on 3rd-party rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.
BALMORAL PLAZA is located along Bukit Timah Road in Newton, in District 10. It is accessible through the nearest MRTs including Newton DT11, NS21 and Novena NS20. Other nearby amenities include: 3 Childcare Centre(s): CAMBERLEY INTERNATIONAL PRE-SCHOOL PRIVATE LIMITED, ZEE PLAYHOUSE PTE LTD, THE LEARNING VINE CHILDCARE PTE LTD, and 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Kindergarten(s): Far Eastern Kindergarten, St. James' Church Kindergarten (Gilstead), Barker Road Methodist Church Kindergarten, and 3 Shopping Mall(s): BALMORAL PLAZA, GOLDHILL PLAZA, UNITED SQUARE.
Based on transaction data in the last 12 months, the highest recorded transaction was S$ 2,591 psf in Apr 2018 for a 560 sqft unit for Office, S$ 2,198 psf in Jan 2022 for a 764 sqft unit for Shop. Its lowest recorded transaction was S$ 2,591 psf in Apr 2018 for a 560 sqft unit for Office, S$ 2,198 psf in Jan 2022 for a 764 sqft unit for Shop.
Buyers and tenants are attracted to District 10, which is comprised of Tanglin, Farrer Park, Bukit Timah, Holland Village and Ardmore Park. The Tanglin area is largely residential and is home to the Singapore Botanic Gardens. Tanglin is also at the heart of Singapore’s major embassies, ministries and consulates, such as the Ministry of Foreign Affairs and United States Embassy. Holland Village is a favourite expat hang-out, where a hawker centre and numerous trendsetting cafes and bars cater to the expat population's needs. Bukit Timah has one of the biggest clusters of landed properties and high-end condominiums in Singapore, with very few HDBs. There are also many international schools in the neighbourhood, owing to its high expat population. The town is also home to Bukit Timah Hill, Singapore's tallest hill. The Ardmore area is close to many six-star hotels, shopping malls, clubhouses, top international and local schools, attracting many foreign buyers to invest in luxury properties in the neighbourhood.
As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
Sales Transaction of Bukit Timah Road (Limited to 10)
Source: URA , https://www.edgeprop.sg