BALMORAL PLAZA Review

Condo Review 4 min read Last reviewed
District 10 · Freehold
~$1,627Avg PSF (12-month)
7Total units
Category Ratings
Walkability
7.8
Investment
4.7
En-Bloc Potential
4.4
ShiokNest Score
5.6

Overview & Key Facts

BALMORAL PLAZA is a freehold condominium at BUKIT TIMAH ROAD in District 10 (CCR), developed by , comprising 7 units.

Developer
Tenure
Freehold
Total units
7
TOP year
District
10 — CCR
Street
BUKIT TIMAH ROAD

Location & Connectivity

BALMORAL PLAZA is approximately 410m from Newton MRT station, with 8 stations within 1.5 km.

MRT stations near BALMORAL PLAZA
StationLineDistance
NewtonNorth-South Line410m
NewtonDowntown Line410m
NovenaNorth-South Line1 km
StevensDowntown Line1.1 km
StevensThomson-East Coast Line1.1 km
Mount PleasantThomson-East Coast Line1.2 km

Schools & Education

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

Schools near BALMORAL PLAZA
SchoolTypeDistance
Anglo-Chinese School (Primary)Primary80m
Singapore Chinese Girls' School (Primary)Primary90m
St. Joseph's InstitutionSecondary840m
St. Anthony's Primary SchoolPrimary880m
St. Margaret's Primary SchoolPrimary970m
St. Margaret's Secondary SchoolSecondary1.1 km
ISS International School (Preston)International1.1 km
ISS International School (Paterson)International1.2 km

Market Position

BALMORAL PLAZA has recorded 2 sales at an average price of $5,300,000.

BALMORAL PLAZA sits at the 12th percentile of District 10 condo PSF.
$1,627 psf
Avg PSF (12mo)
$5,300,000
Avg Price
1.5%
Gross Yield
2
Total Sales

Price Appreciation

PSF trend for BALMORAL PLAZA
YearSalesAvg PSFYoY
20251$1,572 psf
20261$1,682 psf↑ 7.0%

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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 2 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 7-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.

Who This Actually Suits

This is a strong match for families with young children, mrt-walkable commuters, p1 school balloting families and long-term hold (10+ yr). Family-suitable layout and CCR (Core Central Region) location with established school catchments nearby.

multi-generational families and foreign / absd-aware buyers should treat this as a shortlist candidate, not a default choice.

It is a weaker fit for yield-focused investors — other options likely serve them better. CCR (Core Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

BALMORAL PLAZA is a freehold development in District 10 (CCR), with 7 units, offering a gross yield of 1.5%.

At ~$1,627 psf, it reflects its premium CCR positioning.

Explore the full BALMORAL PLAZA dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing BALMORAL PLAZA 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 $4,400,000
  • Toa Payoh — 4-room average $929,793 (1.7 km away), an upgrader gap of about $4,350,000
  • Central Area — 4-room average $1,088,814 (2 km away), an upgrader gap of about $4,200,000

FAQ

What is the average PSF for BALMORAL PLAZA?
The 12-month average is approximately $1,627 psf.
Is BALMORAL PLAZA freehold?
Yes, BALMORAL PLAZA is a freehold property.
What is the rental yield for BALMORAL PLAZA?
The estimated gross yield is 1.5%.
Which MRT is nearest to BALMORAL PLAZA?
The nearest is Newton MRT at 410m.

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: 2 transactions
  • Rental data: 13 leases
  • Source: URA REALIS

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

Data as of February 2026

Latest recorded data point: Feb 2026 · 2 records analysed · Source: URA private-sale caveats

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