Balmoral 8

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  3
 2
 0

Sale Price *

Average
S$ 2,173 psf
Range
S$ 2,173 - 2,173 psf

Rental Price **

Average
S$ 3.7 psf pm
Range
S$ 3.0 - 5.0 psf pm

Rental Yield **

2.1%

Rental income expressed as a percentage of the property's value.

Amenities

3.3
3.3

Convenience

3.7
3.7

Connectivity

Details

No Data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
Balmoral 8 is a freehold condominium completed in 2003. It is developed by PINE TREE CONDOMINIUM PTE LTD. The development occupies a land area of 4,435 sqm and a Gross Floor Area of 7,096 sqm. It consists of 40 units. According to records, buyers of this development are Singaporean 47.5%, PR 11.3%, Foreigner 30.0%, Company 11.3%.

BALMORAL 8 is located along Balmoral Road in Newton, in District 10. It is accessible through the nearest MRTs including Newton DT11, NS21 and Stevens DT10, TE11. The nearest schools are RAFFLES GIRLS' SCHOOL (SECONDARY) and ANGLO-CHINESE SCHOOL (PRIMARY).

Based on transaction data in the last 12 months, sale prices range from S$ 2,173 psf to S$ 2,173 psf at an average of S$ 2,173 psf. Its highest recorded transaction was S$ 2,173 psf in Jul 2022 for a 1,841-sqft unit. Its lowest recorded transaction was S$ 679 psf in Mar 2005 for a 3,757-sqft unit. Its current rental yield is at 2.1%. 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): Barker Road Methodist Church Kindergarten, Far Eastern Kindergarten, St. James' Church Kindergarten (Gilstead), and 3 Shopping Mall(s): BALMORAL PLAZA, DFS GALLERIA SCOTTSWALK, FAR EAST PLAZA.

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.
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Floor Plans
8
1
1

BALMORAL 8 - 8 - 1 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of BALMORAL 8 (Limited to 10)

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Date
Area(sqft)
Bedrooms
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No Data
Rental Transactions of BALMORAL 8

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

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Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
-

Listings

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thumb-images
10
$4,980,000

    • 3 beds
    • 4 baths
    • Condominium
    • D10
    • 2003
    • Freehold
    • S$ 2,710 psf
    • 8 Balmoral Road
    Karen Tan
    send_enquiry
    thumb-images
    10
    $4,380,000

      • 3 beds
      • 3 baths
      • Condominium
      • D10
      • 2003
      • Freehold
      • S$ 2,380 psf
      • 8 Balmoral Road
      Veronica Fong
      send_enquiry
      thumb-images
      10
      $4,480,000

        • 3 beds
        • 4 baths
        • Condominium
        • D10
        • 2003
        • Freehold
        • S$ 2,350 psf
        • 8 Balmoral Road
        Veronica Fong
        send_enquiry

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