District 05 · Queenstown · RCR
The Peak@Balmeg
Balmeg Hill · Condominium · Freehold
Current PSF
$1,762
+6.0% vs district median
Gross yield
2.7%
median rent $6,400/mo
3-year gain
-6.7%
Transactions · 5y
25
4 in last 12 months
Nearest MRT
Haw Par Villa Mrt Station · 213.864m
CCL
Future MRT
West Coast Mrt Station
CRL · 2032
Vs local HDB
+82% premium
HDB median $969 psf
Area income
$9,500/mo median
residential zone
En-bloc potential31 / 100
· composite of plot use, age, tenure, value gap & size
Tenanted
100%
units with active leases
Rent momentum
-3.9%
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
10%
PSF dispersion within project
The neighbourhood
Food
Pasir Panjang Food Centre · 1.2km
Green
Kent Ridge Park · 571m - 3 parks within 1km
Health
National University Hospital (hospital) · 1.1km
Who lives in Queenstown
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
95,930
Median age
45 yrs
43% under 40 · getting older
Children 0–9
8,260
▼ 8% since 2015 · future P1 demand
Household size
2.8 avg
Homes
82% HDB
12% condo · 4% landed
Degree holders
37%
residents 15+
Commute
62% transit
19% drive
45 min+ to work
19%
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
Price trend average PSF by year
2021
$1,514
2022
$1,623
+7.2%
2023
$1,633
+0.6%
2024
$1,726
+5.7%
2025
$1,841
+6.7%
2026
$1,524
-17.2%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 2BR | $4,600/mo | $4.84 | 3.3% | 41 |
| 3BR | $6,200/mo | $4.00 | 2.7% | 117 |
| 4BR | $7,500/mo | $4.29 | 2.9% | 19 |
| 5BR | $9,500/mo | $3.73 | 2.5% | 30 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jan 2026 | $3,968,800 | 2,605 | $1,524 | 01-05 |
| Oct 2025 | $3,250,000 | 1,948 | $1,668 | 01-05 |
| Sept 2025 | $1,965,000 | 990 | $1,984 | 01-05 |
| Aug 2025 | $2,820,000 | 1,507 | $1,871 | 01-05 |
| Dec 2024 | $4,818,800 | 3,068 | $1,571 | 01-05 |
| Dec 2024 | $4,360,000 | 2,605 | $1,674 | 01-05 |
| Dec 2024 | $3,300,000 | 1,755 | $1,881 | 01-05 |
| Jun 2024 | $4,280,000 | 2,637 | $1,623 | 01-05 |
| May 2024 | $4,900,000 | 3,068 | $1,597 | 01-05 |
| May 2024 | $2,710,000 | 1,507 | $1,798 | 01-05 |
HomeRadar AIlive
Ask anything about THE PEAK@BALMEG
Grounded in this project’s data - yield, en-bloc, lease, nearby condos.
Sign in with Google to ask · AI-generated from this page’s data - may be inaccurate. Not financial advice.