JEWEL OF BALMORAL Review

Condo Review 5 min read Last reviewed
District 10 · Freehold · Completed 2000
~$2,490Avg PSF (12-month)
16Total units
Category Ratings
Walkability
6.6
Investment
4.1
En-Bloc Potential
5.7
ShiokNest Score
5.7

Overview & Key Facts

JEWEL OF BALMORAL is a freehold condominium at BALMORAL PARK in District 10 (CCR), developed by SILVERDALE INVESTMENT PTE LTD (SUM KEONG GROUP), comprising 16 units, completed in 2000.

Developer
SILVERDALE INVESTMENT PTE LTD (SUM KEONG GROUP)
Tenure
Freehold
Total units
16
TOP year
2000
District
10 — CCR
Street
BALMORAL PARK

Location & Connectivity

JEWEL OF BALMORAL is approximately 490m from Stevens MRT station, with 8 stations within 1.5 km.

MRT stations near JEWEL OF BALMORAL
StationLineDistance
StevensDowntown Line490m
StevensThomson-East Coast Line490m
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 (8 within 1 km priority zone).

Schools near JEWEL OF BALMORAL
SchoolTypeDistance
ISS International School (Preston)International630m
ISS International School (Paterson)International680m
Nanyang Primary SchoolPrimary860m
Anglo-Chinese School (Primary)Primary880m
Nanyang Girls' High SchoolSecondary890m
Methodist Girls' School (Primary)Primary980m
Singapore Chinese Girls' School (Primary)Primary980m
Methodist Girls' SchoolSecondary980m

Unit Mix & Pricing

Unit mix for JEWEL OF BALMORAL
TypeSalesAvg PSFAvg Price
2 BR2$2,112 psf$1,740,000
3 BR5$2,230 psf$2,999,778

Market Position

JEWEL OF BALMORAL has recorded 7 sales at an average price of $2,639,841.

JEWEL OF BALMORAL sits at the 58th percentile of District 10 condo PSF.
$2,490 psf
Avg PSF (12mo)
$2,639,841
Avg Price
2.3%
Gross Yield
7
Total Sales

Price Appreciation

PSF trend for JEWEL OF BALMORAL
YearSalesAvg PSFYoY
20212$1,944 psf
20221$2,200 psf↑ 13.2%
20231$2,296 psf↑ 4.4%
20242$2,249 psf↓ 2.0%
20261$2,490 psf↑ 10.7%

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JEWEL OF BALMORAL prices sit at a fresh series high after a 10.7% gain on the prior period, now 28.1% above the 2021 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 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 16 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 mrt-walkable commuters, p1 school balloting families, international school families and long-term hold (10+ yr) best. Located ~485m from Stevens MRT, this property is a comfortable daily walk for transit commuters.

car-owning households 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 and short-term flippers (<5 yr) — other options likely serve them better. CCR (Core Central Region) location with rental demand profile worth running through our Rental Yield Calculator.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

JEWEL OF BALMORAL is a freehold development in District 10 (CCR), with 16 units, offering a gross yield of 2.3%.

At ~$2,490 psf, it reflects its premium CCR positioning.

Explore the full JEWEL OF BALMORAL dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing JEWEL OF BALMORAL 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 $1,750,000
  • Bukit Timah — 4-room average $846,049 (1.9 km away), an upgrader gap of about $1,800,000

FAQ

What is the average PSF for JEWEL OF BALMORAL?
The 12-month average is approximately $2,490 psf.
Is JEWEL OF BALMORAL freehold?
Yes, JEWEL OF BALMORAL is a freehold property.
What is the rental yield for JEWEL OF BALMORAL?
The estimated gross yield is 2.3%.
Which MRT is nearest to JEWEL OF BALMORAL?
The nearest is Stevens MRT at 490m.

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: 7 transactions
  • Rental data: 12 leases
  • Source: URA REALIS

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

Data as of June 2026

Latest recorded data point: Jun 2026 · 7 records analysed · Source: URA private-sale caveats

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