BALMY COURT Review

Condo Review 5 min read Last reviewed
District 14 · Freehold · Completed 1998
~$1,255Avg PSF (12-month)
29Total units
Category Ratings
Walkability
9.0
En-Bloc Potential
5.2
ShiokNest Score
6.4

Overview & Key Facts

BALMY COURT is a freehold condominium at LORONG 27A GEYLANG in District 14 (RCR), developed by CHIANG YEE MENG, LIM LAY BEE & LIM LAY CHOON, comprising 29 units, completed in 1998.

Developer
CHIANG YEE MENG, LIM LAY BEE & LIM LAY CHOON
Tenure
Freehold
Total units
29
TOP year
1998
District
14 — RCR
Street
LORONG 27A GEYLANG

Location & Connectivity

BALMY COURT is approximately 330m from Aljunied MRT station, with 9 stations within 1.5 km.

MRT stations near BALMY COURT
StationLineDistance
AljuniedEast-West Line330m
DakotaCircle Line760m
MountbattenCircle Line950m
Paya LebarEast-West Line1 km
Paya LebarCircle Line1 km
MattarDowntown Line1.4 km

Schools & Education

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

Schools near BALMY COURT
SchoolTypeDistance
Geylang Methodist School (Primary)Primary230m
Geylang Methodist School (Secondary)Secondary360m
Kong Hwa SchoolPrimary610m
One World International School (Mountbatten)International630m
Haig Girls' SchoolPrimary1.3 km
Macpherson Primary SchoolPrimary1.4 km
Tanjong Katong Primary SchoolPrimary1.6 km
Tao Nan SchoolPrimary1.7 km

Unit Mix & Pricing

Unit mix for BALMY COURT
TypeSalesAvg PSFAvg Price
2 BR1$1,290 psf$1,000,000
3 BR3$1,006 psf$1,106,667

Market Position

BALMY COURT has recorded 4 sales at an average price of $1,080,000.

BALMY COURT sits at the 18th percentile of District 14 condo PSF.
$1,255 psf
Avg PSF (12mo)
$1,080,000
Avg Price
4.8%
Gross Yield
4
Total Sales

Rental Yield by Bedroom Type

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

Per-bedroom gross yield at BALMY COURT
TypeAvg RentAvg PriceGross Yield
2 BR$3,594/mo$1,000,0004.31%
3 BR$4,706/mo$1,106,6675.10%

Loading chart data...


Price Appreciation

PSF trend for BALMY COURT
YearSalesAvg PSFYoY
20211$743 psf
20221$1,054 psf↑ 41.8%
20262$1,255 psf↑ 19.1%

Loading chart data...

BALMY COURT prices sit at a fresh series high after a 19.1% gain on the prior period, now 68.9% above the 2021 starting level.

Price Index Check

The ShiokNest Price Index for District 14 reads 121.5 as of June 2026 — down 8.2% 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.

Loading chart data...


Neighbourhood Comparison

District 14 competitors
CondoTenureAvg PSFSales
PARC ESTA99 yrs lease commencing from 2018$2,187 psf493
SIMS URBAN OASIS99 yrs lease commencing from 2014$1,765 psf373
PENROSE99 yrs lease commencing from 2019$1,933 psf359
EUHABITAT99 yrs lease commencing from 2010$1,330 psf243
THE ANTARES99 yrs lease commencing from 2018$1,834 psf229

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 29 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

The profile fits families with young children, mrt-walkable commuters, yield-focused investors and long-term hold (10+ yr) best. Family-suitable layout and RCR (Rest of Central Region) location with established school catchments nearby.


Verdict

BALMY COURT is a freehold development in District 14 (RCR), with 29 units, offering a gross yield of 4.8%.

At ~$1,255 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full BALMY COURT dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Geylang — 4-room average $761,443 (230m away), an upgrader gap of about $300,000
  • Kallang/whampoa — 4-room average $882,887 (1.2 km away), an upgrader gap of about $200,000

FAQ

What is the average PSF for BALMY COURT?
The 12-month average is approximately $1,255 psf.
Is BALMY COURT freehold?
Yes, BALMY COURT is a freehold property.
What is the rental yield for BALMY COURT?
The estimated gross yield is 4.8%.
Which MRT is nearest to BALMY COURT?
The nearest is Aljunied MRT at 330m.

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: 4 transactions
  • Rental data: 26 leases
  • Source: URA REALIS

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

Data as of May 2026

Latest recorded data point: May 2026 · 4 records analysed · Source: URA private-sale caveats

👍Helpful0💡Insightful0📅Outdated0
Related Properties: