Three Balmoral

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  4
 3
 0

Sale Price *

Average
S$ 2,135 psf
Range
S$ 2,135 - 2,135 psf

Rental Price **

Average
S$ 5.3 psf pm
Range
S$ 4.1 - 6.3 psf pm

Rental Yield **

3.0%

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

Amenities

2.6
2.6

Convenience

3.6
3.6

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
Three Balmoral is a freehold apartment completed in 2016. It is developed by PRISCIOUS PTE LTD and designed by LOOK ARCHITECTS PTE LTD. The development occupies a land area of 2,283 sqm and a Gross Floor Area of 3,540 sqm. It consists of 40 units. According to records, buyers of this development are Singaporean 53.5%, PR 11.6%, Foreigner 30.2%, Company 4.7%.

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

Based on transaction data in the last 12 months, sale prices range from S$ 2,135 psf to S$ 2,135 psf at an average of S$ 2,135 psf. Its highest recorded transaction was S$ 2,608 psf in Apr 2013 for a 614-sqft unit. Its lowest recorded transaction was S$ 1,562 psf in Sep 2018 for a 3,897-sqft unit. Its current rental yield is at 3.0%. Other nearby amenities include: 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Shopping Mall(s): Balmoral Plaza, Claymore Connect, Palais Renaissance.

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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5
"Beautiful Exquisite Development"
A*** T**
Google Review     |   17 Oct 2017
4
"Quieter than those condos facing the main road and very close to town. Freehold apartments though not too big for size."
W***** M*********
Google Review     |   24 Sep 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
2
1

THREE BALMORAL - 3 - 2 - 1

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 THREE BALMORAL

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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 THREE BALMORAL

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

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
Link
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 THREE BALMORAL

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
9
$1,599,000
  • 37% Rental Volume

  • 1 bed
  • •
  • 1 bath
  • Apartment
  • D10
  • 2014
  • Freehold
  • S$ 2,600 psf
  • 3 Balmoral Road
Furness Sng
send_enquiry
thumb-images
9
$1,590,000
  • 37% Rental Volume

  • 1 bed
  • •
  • 1 bath
  • Condominium
  • D10
  • 2016
  • Freehold
  • S$ 2,590 psf
  • Balmoral Road
Dennis Tay
send_enquiry
thumb-images
8
$8,200,000
  • 37% Rental Volume

  • 3 beds
  • •
  • 4 baths
  • Apartment
  • D10
  • 2016
  • Freehold
  • S$ 2,110 psf
  • Balmoral Road
Ryan Yu
send_enquiry

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Property News

Malaysian buys three units at Three Balmoral

FAQs about THREE BALMORAL

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