BALMORAL RESIDENCES Review

Condo Review 5 min read Last reviewed
District 10 · Freehold · Completed 2003
~$2,601Avg PSF (12-month)
65Total units
Category Ratings
Walkability
7.6
Investment
4.7
En-Bloc Potential
5.7
ShiokNest Score
5.9

Overview & Key Facts

BALMORAL RESIDENCES is a freehold condominium at BALMORAL CRESCENT in District 10 (CCR), developed by MCL LAND (BALMORAL 2) PTE LTD, comprising 65 units, completed in 2003.

Developer
MCL LAND (BALMORAL 2) PTE LTD
Tenure
Freehold
Total units
65
TOP year
2003
District
10 — CCR
Street
BALMORAL CRESCENT

Location & Connectivity

BALMORAL RESIDENCES is approximately 370m from Newton MRT station, with 9 stations within 1.5 km.

MRT stations near BALMORAL RESIDENCES
StationLineDistance
NewtonNorth-South Line370m
NewtonDowntown Line370m
NovenaNorth-South Line1.1 km
StevensDowntown Line1.1 km
StevensThomson-East Coast Line1.1 km
OrchardNorth-South Line1.3 km

Schools & Education

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

Schools near BALMORAL RESIDENCES
SchoolTypeDistance
Anglo-Chinese School (Primary)Primary60m
Singapore Chinese Girls' School (Primary)Primary180m
St. Anthony's Primary SchoolPrimary750m
St. Joseph's InstitutionSecondary970m
ISS International School (Preston)International970m
St. Margaret's Primary SchoolPrimary980m
ISS International School (Paterson)International1 km
St. Margaret's Secondary SchoolSecondary1.1 km

Unit Mix & Pricing

Unit mix for BALMORAL RESIDENCES
TypeSalesAvg PSFAvg Price
4 BR3$2,319 psf$4,043,333
5+ BR3$2,260 psf$5,023,000

Market Position

BALMORAL RESIDENCES has recorded 6 sales at an average price of $4,533,167.

BALMORAL RESIDENCES sits at the 64th percentile of District 10 condo PSF.
$2,601 psf
Avg PSF (12mo)
$4,533,167
Avg Price
2.1%
Gross Yield
6
Total Sales

Price Appreciation

PSF trend for BALMORAL RESIDENCES
YearSalesAvg PSFYoY
20223$2,080 psf
20231$2,294 psf↑ 10.3%
20252$2,601 psf↑ 13.4%

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BALMORAL RESIDENCES prices sit at a fresh series high after a 13.4% gain on the prior period, now 25.1% above the 2022 starting level.

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 2 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 65 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

Buyers most likely to be happy here: mrt-walkable commuters, car-owning households, freehold / generational hold and boutique low-density (<100 units). Located ~373m from Newton MRT, this property is a comfortable daily walk for transit commuters.

For international school families, long-term hold (10+ yr) 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 RESIDENCES is a freehold development in District 10 (CCR), with 65 units, offering a gross yield of 2.1%.

At ~$2,601 psf, it reflects its premium CCR positioning.

Explore the full BALMORAL RESIDENCES dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing BALMORAL RESIDENCES 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 $3,650,000
  • Toa Payoh — 4-room average $929,793 (1.8 km away), an upgrader gap of about $3,600,000
  • Central Area — 4-room average $1,088,814 (1.9 km away), an upgrader gap of about $3,450,000

FAQ

What is the average PSF for BALMORAL RESIDENCES?
The 12-month average is approximately $2,601 psf.
Is BALMORAL RESIDENCES freehold?
Yes, BALMORAL RESIDENCES is a freehold property.
What is the rental yield for BALMORAL RESIDENCES?
The estimated gross yield is 2.1%.
Which MRT is nearest to BALMORAL RESIDENCES?
The nearest is Newton MRT at 370m.

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: 60 leases
  • Source: URA REALIS

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

Data as of December 2025

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

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