BALMORAL CREST Review

Condo Review 5 min read Last reviewed
District 10 · Freehold · Completed 2003
~$2,000Avg PSF (12-month)
24Total units
Category Ratings
Walkability
6.1
Investment
5.2
En-Bloc Potential
5.7
ShiokNest Score
5.8

Overview & Key Facts

BALMORAL CREST is a freehold condominium at BALMORAL CRESCENT in District 10 (CCR), developed by FIRST BALMORAL DEVELOPMENT PTE LTD, comprising 24 units, completed in 2003.

Developer
FIRST BALMORAL DEVELOPMENT PTE LTD
Tenure
Freehold
Total units
24
TOP year
2003
District
10 — CCR
Street
BALMORAL CRESCENT

Location & Connectivity

BALMORAL CREST is approximately 510m from Newton MRT station, with 9 stations within 1.5 km.

MRT stations near BALMORAL CREST
StationLineDistance
NewtonNorth-South Line510m
NewtonDowntown Line510m
StevensDowntown Line1 km
StevensThomson-East Coast Line1 km
NovenaNorth-South Line1.2 km
Mount PleasantThomson-East Coast Line1.3 km

Schools & Education

16 schools within 2 km (6 within 1 km priority zone).

Schools near BALMORAL CREST
SchoolTypeDistance
Anglo-Chinese School (Primary)Primary160m
Singapore Chinese Girls' School (Primary)Primary260m
St. Anthony's Primary SchoolPrimary810m
ISS International School (Preston)International910m
St. Joseph's InstitutionSecondary930m
ISS International School (Paterson)International990m
St. Margaret's Primary SchoolPrimary1.1 km
St. Margaret's Secondary SchoolSecondary1.2 km

Unit Mix & Pricing

Unit mix for BALMORAL CREST
TypeSalesAvg PSFAvg Price
2 BR1$2,000 psf$1,550,000
3 BR5$1,917 psf$2,142,000

Market Position

BALMORAL CREST has recorded 6 sales at an average price of $2,043,333.

BALMORAL CREST sits at the 36th percentile of District 10 condo PSF.
$2,000 psf
Avg PSF (12mo)
$2,043,333
Avg Price
2.9%
Gross Yield
6
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at BALMORAL CREST typically rent harder per dollar of purchase price:

Per-bedroom gross yield at BALMORAL CREST
TypeAvg RentAvg PriceGross Yield
2 BR$4,943/mo$1,550,0003.83%
3 BR$7,640/mo$2,142,0004.28%

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Price Appreciation

PSF trend for BALMORAL CREST
YearSalesAvg PSFYoY
20211$1,822 psf
20222$1,904 psf↑ 4.5%
20242$1,977 psf↑ 3.9%
20251$2,000 psf↑ 1.2%

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The latest reading marks the highest point in this series — BALMORAL CREST prices have climbed 9.8% since 2021.

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 24-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, international school families, long-term hold (10+ yr) and freehold / generational hold best. At ~512m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.

For yield-focused investors and foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.

It is a weaker fit for resort facilities — other options likely serve them better. Resort-grade amenity stack including multiple pools, clubhouse, and recreational facilities.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

BALMORAL CREST is a freehold development in District 10 (CCR), with 24 units, offering a gross yield of 2.9%.

At ~$2,000 psf, it reflects its premium CCR positioning.

Explore the full BALMORAL CREST dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Kallang/whampoa — 4-room average $882,887 (1.5 km away), an upgrader gap of about $1,150,000
  • Toa Payoh — 4-room average $929,793 (1.8 km away), an upgrader gap of about $1,100,000

FAQ

What is the average PSF for BALMORAL CREST?
The 12-month average is approximately $2,000 psf.
Is BALMORAL CREST freehold?
Yes, BALMORAL CREST is a freehold property.
What is the rental yield for BALMORAL CREST?
The estimated gross yield is 2.9%.
Which MRT is nearest to BALMORAL CREST?
The nearest is Newton MRT at 510m.

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: 6 transactions
  • Rental data: 57 leases
  • Source: URA REALIS

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

Data as of January 2025

Latest recorded data point: Jan 2025 · 6 records analysed · Source: URA private-sale caveats

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