The Balmoral Spring

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  0
 2
 0

Sale Price *

Average
S$ 2,326 psf
Range
S$ 2,200 - 2,412 psf

Rental Price **

Average
S$ 4.8 psf pm
Range
S$ 4.6 - 5.0 psf pm

Rental Yield **

2.5%

Rental income expressed as a percentage of the property's value.

Amenities

3.3
3.3

Convenience

3.7
3.7

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
The Balmoral Spring is a freehold apartment completed in 2000. The development occupies a land area of 2,145 sqm and a Gross Floor Area of 3,430 sqm. It consists of 27 units. According to records, buyers of this development are Singaporean 74.1%, PR 9.3%, Foreigner 7.4%, Company 9.3%.

THE BALMORAL SPRING is located along Balmoral Crescent in Newton, in District 10. It is accessible through the nearest MRTs including Newton DT11, NS21 and Stevens DT10, TE11.

Based on transaction data in the last 12 months, sale prices range from S$ 2,200 psf to S$ 2,412 psf at an average of S$ 2,326 psf. Its highest recorded transaction was S$ 2,412 psf in Oct 2024 for a 1,119-sqft unit. Its lowest recorded transaction was S$ 818 psf in Aug 2004 for a 1,076-sqft unit. Its current rental yield is at 2.5%. Other nearby amenities include: 2 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Shopping Mall(s): Balmoral Plaza, Far East Plaza, Goldhill Plaza Mall.

Buyers and tenants are attracted to District 10, which is comprised of Tanglin, Farrer Park, Bukit Timah, Holland Village and Ardmore Park. The Tanglin area is largely residential and is home to the Singapore Botanic Gardens. Tanglin is also at the heart of Singapore’s major embassies, ministries and consulates, such as the Ministry of Foreign Affairs and United States Embassy. Holland Village is a favourite expat hang-out, where a hawker centre and numerous trendsetting cafes and bars cater to the expat population's needs. Bukit Timah has one of the biggest clusters of landed properties and high-end condominiums in Singapore, with very few HDBs. There are also many international schools in the neighbourhood, owing to its high expat population. The town is also home to Bukit Timah Hill, Singapore's tallest hill. The Ardmore area is close to many six-star hotels, shopping malls, clubhouses, top international and local schools, attracting many foreign buyers to invest in luxury properties in the neighbourhood.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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4
"Great location, quiet residential area, close to good schools and amenities. Very good en bloc potential "
N**g@gmail.com
Viewer     |   26 Nov 2022
3
"Old development! Time to UPGRADE!"
W***** T**
Google Review     |   14 Jun 2017
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
3
1
2

THE BALMORAL SPRING - 3 - 1 - 2

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of THE BALMORAL SPRING

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Date
Area(sqft)
Bedrooms
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Asking Price of THE BALMORAL SPRING

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
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0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of THE BALMORAL SPRING

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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thumb-images
10
$2,688,000

    • 2 beds
    • 2 baths
    • Condominium
    • D10
    • 2000
    • Freehold
    • S$ 2,150 psf
    • Balmoral Crescent
    Fred Teo
    send_enquiry
    thumb-images
    10
    $2,688,000

      • 2 beds
      • 2 baths
      • Condominium
      • D10
      • 2000
      • Freehold
      • S$ 2,150 psf
      • Balmoral Crescent
      Maxim Loo
      send_enquiry

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