BALMORAL GATE Review

Condo Review 5 min read Last reviewed
District 10 · Freehold · Completed 1994
~$2,371Avg PSF (12-month)
57Total units
Category Ratings
Walkability
6.1
Investment
6.2
En-Bloc Potential
6.6
ShiokNest Score
6.3

Overview & Key Facts

BALMORAL GATE is a freehold condominium at BALMORAL ROAD in District 10 (CCR), developed by SINO DEVELOPMENT PTE LTD, comprising 57 units, completed in 1994.

Developer
SINO DEVELOPMENT PTE LTD
Tenure
Freehold
Total units
57
TOP year
1994
District
10 — CCR
Street
BALMORAL ROAD

Location & Connectivity

BALMORAL GATE is approximately 550m from Newton MRT station, with 8 stations within 1.5 km.

MRT stations near BALMORAL GATE
StationLineDistance
NewtonNorth-South Line550m
NewtonDowntown Line550m
StevensDowntown Line990m
StevensThomson-East Coast Line990m
NovenaNorth-South Line1.1 km
Mount PleasantThomson-East Coast Line1.1 km

Schools & Education

16 schools within 2 km (4 within 1 km priority zone).

Schools near BALMORAL GATE
SchoolTypeDistance
Anglo-Chinese School (Primary)Primary190m
Singapore Chinese Girls' School (Primary)Primary230m
St. Joseph's InstitutionSecondary790m
St. Anthony's Primary SchoolPrimary950m
ISS International School (Preston)International1 km
St. Margaret's Primary SchoolPrimary1.1 km
ISS International School (Paterson)International1.1 km
St. Margaret's Secondary SchoolSecondary1.2 km

Unit Mix & Pricing

Unit mix for BALMORAL GATE
TypeSalesAvg PSFAvg Price
3 BR4$2,193 psf$2,767,500
4 BR5$2,122 psf$3,434,000

Market Position

BALMORAL GATE has recorded 9 sales at an average price of $3,137,778.

BALMORAL GATE sits at the 56th percentile of District 10 condo PSF.
$2,371 psf
Avg PSF (12mo)
$3,137,778
Avg Price
1.9%
Gross Yield
9
Total Sales

Price Appreciation

PSF trend for BALMORAL GATE
YearSalesAvg PSFYoY
20222$2,132 psf
20234$2,060 psf↓ 3.4%
20242$2,253 psf↑ 9.4%
20251$2,371 psf↑ 5.2%

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The latest reading marks the highest point in this series — BALMORAL GATE prices have climbed 11.2% since 2022.

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 1 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 57-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
  • At 32+ years of age, upkeep costs trend upward and renovation budgets matter; some owners here are effectively holding an en-bloc option.

Who This Actually Suits

Buyers most likely to be happy here: mrt-walkable commuters, car-owning households, international school families and long-term hold (10+ yr). MRT proximity is the standout commute feature for daily transit users.

For foreign / absd-aware buyers and heavy renovation / value seekers, 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 GATE is a freehold development in District 10 (CCR), with 57 units, offering a gross yield of 1.9%.

At ~$2,371 psf, it reflects its premium CCR positioning.

Explore the full BALMORAL GATE dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Kallang/whampoa — 4-room average $882,887 (1.3 km away), an upgrader gap of about $2,250,000
  • Toa Payoh — 4-room average $929,793 (1.7 km away), an upgrader gap of about $2,200,000

FAQ

What is the average PSF for BALMORAL GATE?
The 12-month average is approximately $2,371 psf.
Is BALMORAL GATE freehold?
Yes, BALMORAL GATE is a freehold property.
What is the rental yield for BALMORAL GATE?
The estimated gross yield is 1.9%.
Which MRT is nearest to BALMORAL GATE?
The nearest is Newton MRT at 550m.

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: 9 transactions
  • Rental data: 56 leases
  • Source: URA REALIS

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

Data as of November 2025

Latest recorded data point: Nov 2025 · 9 records analysed · Source: URA private-sale caveats

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