Overview & Key Facts
BELMONDO VIEW is a freehold condominium at PEGU ROAD in District 12 (RCR), developed by W & TANG DEVELOPMENT PTE LTD, comprising 22 units, completed in 2003.
Location & Connectivity
BELMONDO VIEW is approximately 870m from Novena MRT station, with 4 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Novena | North-South Line | 870m |
| Toa Payoh | North-South Line | 1.1 km |
| Boon Keng | North-East Line | 1.3 km |
| Farrer Park | North-East Line | 1.3 km |
Schools & Education
22 schools within 2 km (2 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| CHIJ Our Lady Queen of Peace | Primary | 560m |
| Beatty Secondary School | Secondary | 880m |
| School of Science and Technology | Jc | 1 km |
| CHIJ Secondary (Toa Payoh) | Secondary | 1.1 km |
| Farrer Park Primary School | Primary | 1.3 km |
| Balestier Hill Primary School | Primary | 1.3 km |
| Bendemeer Primary School | Primary | 1.3 km |
| St. Margaret's Secondary School | Secondary | 1.4 km |
Market Position
BELMONDO VIEW has recorded 2 sales at an average price of $1,904,000.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 1 | $1,312 psf | — |
| 2022 | 1 | $1,620 psf | ↑ 23.6% |
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Price Index Check
The ShiokNest Price Index for District 12 reads 136.8 as of May 2026 — down 6.2% 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.
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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| THE ORIE | 99 yrs lease commencing from 2024 | $2,730 psf | 741 |
| EIGHT RIVERSUITES | 99 yrs lease commencing from 2011 | $1,649 psf | 311 |
| GEM RESIDENCES | 99 yrs lease commencing from 2015 | $1,843 psf | 200 |
| TREVISTA | 99 yrs lease commencing from 2008 | $1,709 psf | 149 |
| VERTICUS | Freehold | $2,126 psf | 130 |
What Could Work Against You
- With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 22-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
Best suited for
Who This Actually Suits
This is a strong match for long-term hold (10+ yr), freehold / generational hold and boutique low-density (<100 units). Freehold tenure means no lease-decay drag — well-suited to long-term hold horizons of 10+ years.
For car-owning households, it can work — but weigh the trade-offs before committing.
It is a weaker fit for resort facilities — other options likely serve them better. Resort-grade amenity stack including multiple pools, clubhouse, and recreational facilities.
Verdict
BELMONDO VIEW is a freehold development in District 12 (RCR), with 22 units, offering a gross yield of 2.8%.
Explore the full BELMONDO VIEW dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing BELMONDO VIEW against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (300m away), an upgrader gap of about $1,000,000
- Toa Payoh — 4-room average $929,793 (890m away), an upgrader gap of about $950,000
- Central Area — 4-room average $1,088,814 (1.6 km away), an upgrader gap of about $800,000
FAQ
What is the average PSF for BELMONDO VIEW?
Is BELMONDO VIEW freehold?
What is the rental yield for BELMONDO VIEW?
Which MRT is nearest to BELMONDO VIEW?
Sources & Next Steps
- BELMONDO VIEW Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 12 (Toa Payoh, Serangoon, Balestier) — District 12 neighbourhood guide
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: 17 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Sep 2022 · 2 records analysed · Source: URA private-sale caveats