The Peak@balmeg rent and sale price
D05 / Pasir Panjang, Hong Leong Garden, Clementi New Town
Address 15 Balmeg Hill the Peak@balmeg Singapore 119918
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Condominium, Non-Landed Properties 249 transactions Freehold Latest records Jun 2026
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Project read
Quick summary about The Peak@balmeg
The Peak@balmeg is a freehold condominium in D05 / Pasir Panjang, Hong Leong Garden, Clementi New Town. The page currently tracks 222 rentals and 27 sales.
- Typical rent is $6,125 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $2,700,000, with median sale PSF at $1,659 psf and total recorded sale value of $82.5M.
- Rent is down 3.4% over the last 3 months. Sale PSF is down 0.4% over the last 3 months.
The Peak@balmeg Market Position
How this project compares with the wider D05 market before you read the detailed tables.
Rent vs D05 +49.4%
Rents above district median
The Peak@balmeg's median rent is $6,125 compared with the D05 median of $4,100. Use this as the district-level check before narrowing by bedroom and area band.
Sale PSF vs D05 -11.0%
Sale PSF near district median
The Peak@balmeg's median sale PSF is $1,659 psf versus the D05 median of $1,864 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 2.72%
Rent support near district screen
Gross yield is roughly 2.72% versus a D05 screen of 2.77%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 52.6% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity -50.0%
Activity is lighter
15 recent transactions versus 30 in the prior 6-month view.
Tenure lens Freehold
Freehold comparison needed
Freehold matters most on sale price. Compare The Peak@balmeg against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
The Peak@balmeg Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $6,125
Is the asking rent fair?
$5,800 to $6,450 is the first fair-rent band to check. Above $6,450 should have a visible reason.
Median sale PSF $1,659 psf
Is the purchase price fair?
$2,620,000 to $2,780,000 and $1,610 to $1,710 psf are the first sale checks before adjusting for floor, size, view and condition.
3 bed rent $6,200
Are similar units renting for more?
3 bed and 1,500 to 1,600 sqft give the closest unit-size checks.
Rent stability 52.6% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume -50.0%
Is activity rising?
Activity is lighter. 15 recent transactions versus 30 in the prior 6-month view.
Run The Peak@balmeg numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $6,125/mo Test gross and net yield against typical rent. Buy vs rent $2.7M Compare ownership cost against renting. Mortgage $2.7M Estimate monthly payment from the sale price. Stamp duty $1,659 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
The Peak@balmeg Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Condominium, Non-Landed Properties
Sales 27 resale transactions
Total sold value $82.5M
The Peak@balmeg Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 222 Jun 2021 to May 2026
Sale transactions 27 Jun 2021 to Jan 2026
Rent trend -3.4% Last 3 months
Sale PSF trend -0.4% Last 3 months
The Peak@balmeg Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
HAW PAR VILLA MRT STATION 0.25 km away
HAW PAR VILLA MRT STATION (CC25) 0.26 km away
PASIR PANJANG MRT STATION (CC26) 1.09 km away
Schools nearby
SORBONNE-ASSAS INTERNATIONAL LAW SCHOOL - ASIA 1.89 km away
FAIRFIELD METHODIST SCHOOL (PRIMARY) 1.98 km away
FAIRFIELD METHODIST SCHOOL (SECONDARY) 2.1 km away
EIS INTERNATIONAL PRE-SCHOOL (BRANCH 2) 2.26 km away
Amenities
FORUM THE SHOPPING MALL Mall / retail · 5.6 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 6.53 km away
ALEXANDRA-QUEENSWAY PARK CONNECTOR Park / green link · 2.18 km away
MARGARET DRIVE HAWKER CENTRE Food centre · 2.82 km away
The Peak@balmeg Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $6,400 53 rentals in view
Latest median sale PSF $1,524 psf 7 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
May 2026 2 $6,400 0 - -
Apr 2026 5 $7,000 0 - -
Mar 2026 1 $4,900 0 - -
Feb 2026 2 $6,500 0 - -
Jan 2026 2 $6,625 1 $1,524 psf $3,968,800
Dec 2025 2 $6,800 0 - -
Nov 2025 1 $6,400 0 - -
Oct 2025 4 $8,350 1 $1,668 psf $3,250,000
Sept 2025 6 $6,675 1 $1,984 psf $1,965,000
Aug 2025 7 $6,300 1 $1,871 psf $2,820,000
Jul 2025 3 $6,000 0 - -
Jun 2025 6 $7,050 0 - -
Projects Similar to The Peak@balmeg
Same district, ranked by similar rent, sale PSF and transaction depth.
Freehold The Parc Condominium 4.0 km away 892 transactions
- Median rent
- $5,300
- Median sale PSF
- $1,704 psf
- Median rent
- $5,200
- Median sale PSF
- $1,689 psf
- Median rent
- $5,400
- Median sale PSF
- $1,530 psf
- Median rent
- $6,300
- Median sale PSF
- $1,394 psf
- Median rent
- $6,000
- Median sale PSF
- $1,856 psf
- Median rent
- $5,100
- Median sale PSF
- $1,530 psf
The Peak@balmeg Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
2 bed $4,600 $4,505 45
3 bed $6,200 $6,150 125
4 bed $7,500 $7,105 21
5 bed $9,400 $9,368 31
The Peak@balmeg Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
900 to 1,000 sqft $4,500 $4,366 30
1,100 to 1,200 sqft $4,650 $4,650 2
1,200 to 1,300 sqft $4,850 $4,804 13
1,500 to 1,600 sqft $6,100 $5,947 84
1,600 to 1,700 sqft $6,400 $6,300 5
1,700 to 1,800 sqft $6,500 $6,570 41
1,900 to 2,000 sqft $7,650 $7,347 16
2,500 to 2,600 sqft $9,300 $9,053 15
The Peak@balmeg Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $2,700,000 $1,659 psf 27
The Peak@balmeg Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
The Peak@balmeg shows a typical monthly rent of $6,125 across 222 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $6,125
Rentals 222
Rent signal Strong
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Recent sales at The Peak@balmeg point to a typical sale price of $2,700,000 and $1,659 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $2,700,000
Median PSF $1,659 psf
Sale signal Moderate
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- Freehold should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. The Peak@balmeg has 27 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Moderate
Total sold value $82.5M
Latest record May 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
District context
Use D05 to compare The Peak@balmeg against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
The Peak@balmeg FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at The Peak@balmeg?
The Peak@balmeg has a median monthly rent of $6,125 across 222 rentals.
What is the typical sale price at The Peak@balmeg?
The median sale price for The Peak@balmeg is $2,700,000, based on 27 sales on this page.
What is the median sale PSF at The Peak@balmeg?
The median sale price per square foot for The Peak@balmeg is $1,659 psf. The average sale PSF is $1,655 psf.
Is The Peak@balmeg freehold or leasehold?
The Peak@balmeg is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is The Peak@balmeg located?
The Peak@balmeg is located at 15 Balmeg Hill the Peak@balmeg Singapore 119918 in D05 / Pasir Panjang, Hong Leong Garden, Clementi New Town.
How current is the The Peak@balmeg transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.