BALMORAL 8 Review

Condo Review 4 min read Last reviewed
District 10 · Freehold · Completed 2003
~$1,764Avg PSF (12-month)
40Total units
Category Ratings
Walkability
6.1
Investment
4.6
En-Bloc Potential
5.7
ShiokNest Score
5.6

Overview & Key Facts

BALMORAL 8 is a freehold condominium at BALMORAL ROAD in District 10 (CCR), developed by PINE TREE CONDOMINIUM PTE LTD, comprising 40 units, completed in 2003.

Developer
PINE TREE CONDOMINIUM PTE LTD
Tenure
Freehold
Total units
40
TOP year
2003
District
10 — CCR
Street
BALMORAL ROAD

Location & Connectivity

BALMORAL 8 is approximately 660m from Newton MRT station, with 10 stations within 1.5 km.

MRT stations near BALMORAL 8
StationLineDistance
NewtonNorth-South Line660m
NewtonDowntown Line660m
StevensDowntown Line920m
StevensThomson-East Coast Line920m
OrchardNorth-South Line1.1 km
OrchardThomson-East Coast Line1.1 km

Schools & Education

17 schools within 2 km (5 within 1 km priority zone).

Schools near BALMORAL 8
SchoolTypeDistance
Anglo-Chinese School (Primary)Primary380m
Singapore Chinese Girls' School (Primary)Primary500m
ISS International School (Preston)International660m
St. Anthony's Primary SchoolPrimary690m
ISS International School (Paterson)International740m
Chatsworth International School (Orchard)International1.1 km
St. Joseph's InstitutionSecondary1.2 km
St. Margaret's Primary SchoolPrimary1.3 km

Unit Mix & Pricing

Unit mix for BALMORAL 8
TypeSalesAvg PSFAvg Price
4 BR5$2,104 psf$3,823,000
5+ BR3$1,970 psf$3,870,000

Market Position

BALMORAL 8 has recorded 8 sales at an average price of $3,840,625.

BALMORAL 8 sits at the 46th percentile of District 10 condo PSF.
$1,764 psf
Avg PSF (12mo)
$3,840,625
Avg Price
2.3%
Gross Yield
8
Total Sales

Price Appreciation

PSF trend for BALMORAL 8
YearSalesAvg PSFYoY
20213$1,891 psf
20221$2,173 psf↑ 14.9%
20232$2,268 psf↑ 4.4%
20241$2,282 psf↑ 0.6%
20251$1,764 psf↓ 22.7%

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From the 2024 high, BALMORAL 8 prices have given back 22.7% — still 6.7% below the 2021 baseline.

Price Index Check

The ShiokNest Price Index for District 10 reads 116.8 as of June 2026 — down 3.6% 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

District 10 competitors
CondoTenureAvg PSFSales
SKYE AT HOLLAND99 yrs lease commencing from 2024$2,946 psf666
LEEDON GREENFreehold$2,786 psf574
D'LEEDON99 yrs lease commencing from 2010$1,869 psf452
HYLL ON HOLLANDFreehold$2,649 psf328
FOURTH AVENUE RESIDENCES99 yrs lease commencing from 2018$2,468 psf299

What Could Work Against You

  • With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 40-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.

Who This Actually Suits

The profile fits car-owning households, long-term hold (10+ yr), freehold / generational hold and boutique low-density (<100 units) best. At ~660m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.

For international school families and foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.

yield-focused investors and resort facilities should probably look elsewhere. CCR (Core Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

BALMORAL 8 is a freehold development in District 10 (CCR), with 40 units, offering a gross yield of 2.3%.

At ~$1,764 psf, it reflects its premium CCR positioning.

Explore the full BALMORAL 8 dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing BALMORAL 8 against staying public? These HDB towns sit within walking or short-drive distance:

  • Kallang/whampoa — 4-room average $882,887 (1.7 km away), an upgrader gap of about $2,950,000

FAQ

What is the average PSF for BALMORAL 8?
The 12-month average is approximately $1,764 psf.
Is BALMORAL 8 freehold?
Yes, BALMORAL 8 is a freehold property.
What is the rental yield for BALMORAL 8?
The estimated gross yield is 2.3%.
Which MRT is nearest to BALMORAL 8?
The nearest is Newton MRT at 660m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 8 transactions
  • Rental data: 34 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of April 2025

Latest recorded data point: Apr 2025 · 8 records analysed · Source: URA private-sale caveats

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