BALMORAL HILLS Review

Condo Review 5 min read Last reviewed
District 10 · Freehold · Completed 2007
~$2,069Avg PSF (12-month)
62Total units
Category Ratings
Walkability
6.6
Investment
5.1
En-Bloc Potential
5.0
ShiokNest Score
5.9

Overview & Key Facts

BALMORAL HILLS is a freehold condominium at BALMORAL PARK in District 10 (CCR), developed by ARTESIAN INVESTMENTS PTE LTD, comprising 62 units, completed in 2007.

Developer
ARTESIAN INVESTMENTS PTE LTD
Tenure
Freehold
Total units
62
TOP year
2007
District
10 — CCR
Street
BALMORAL PARK

Location & Connectivity

BALMORAL HILLS is approximately 470m from Stevens MRT station, with 8 stations within 1.5 km.

MRT stations near BALMORAL HILLS
StationLineDistance
StevensDowntown Line470m
StevensThomson-East Coast Line470m
NapierThomson-East Coast Line1.1 km
NewtonNorth-South Line1.2 km
NewtonDowntown Line1.2 km
OrchardNorth-South Line1.4 km

Schools & Education

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

Schools near BALMORAL HILLS
SchoolTypeDistance
ISS International School (Preston)International660m
ISS International School (Paterson)International710m
Anglo-Chinese School (Primary)Primary850m
Nanyang Primary SchoolPrimary900m
Nanyang Girls' High SchoolSecondary920m
Singapore Chinese Girls' School (Primary)Primary950m
Methodist Girls' School (Primary)Primary1 km
Methodist Girls' SchoolSecondary1 km

Unit Mix & Pricing

Unit mix for BALMORAL HILLS
TypeSalesAvg PSFAvg Price
4 BR7$2,304 psf$3,812,857
5+ BR2$1,594 psf$3,840,000

Market Position

BALMORAL HILLS has recorded 9 sales at an average price of $3,818,889.

BALMORAL HILLS sits at the 54th percentile of District 10 condo PSF.
$2,069 psf
Avg PSF (12mo)
$3,818,889
Avg Price
2.4%
Gross Yield
9
Total Sales

Price Appreciation

PSF trend for BALMORAL HILLS
YearSalesAvg PSFYoY
20214$2,042 psf
20221$2,358 psf↑ 15.5%
20231$2,305 psf↓ 2.3%
20241$2,348 psf↑ 1.9%
20252$2,069 psf↓ 11.9%

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BALMORAL HILLS prices have cooled 12.3% from the 2022 peak, yet remain 1.3% above where the series began in 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

  • Only 1 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
  • At 62 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

This is a strong match for families with young children, multi-generational families, mrt-walkable commuters and international school families. Family-suitable layout and CCR (Core Central Region) location with established school catchments nearby.

yield-focused investors, foreign / absd-aware buyers and heavy renovation / value seekers should treat this as a shortlist candidate, not a default choice.

short-term flippers (<5 yr) and first-time hdb upgraders should probably look elsewhere. TOP 2007 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.


Verdict

BALMORAL HILLS is a freehold development in District 10 (CCR), with 62 units, offering a gross yield of 2.4%.

At ~$2,069 psf, it reflects its premium CCR positioning.

Explore the full BALMORAL HILLS dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Kallang/whampoa — 4-room average $882,887 (1.8 km away), an upgrader gap of about $2,950,000
  • Bukit Timah — 4-room average $846,049 (1.9 km away), an upgrader gap of about $2,950,000

FAQ

What is the average PSF for BALMORAL HILLS?
The 12-month average is approximately $2,069 psf.
Is BALMORAL HILLS freehold?
Yes, BALMORAL HILLS is a freehold property.
What is the rental yield for BALMORAL HILLS?
The estimated gross yield is 2.4%.
Which MRT is nearest to BALMORAL HILLS?
The nearest is Stevens MRT at 470m.

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: 82 leases
  • Source: URA REALIS

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

Data as of July 2025

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

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