Rent vs D05 +47.7%
Rents above district median
The Peak@balmeg's latest 12-month median rent is $6,350 compared with the D05 median of $4,300 for the same period. Use this district check before narrowing by bedroom and area band.
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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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 229 rentals and 27 sales.
- Latest 12M median rent is $6,350 per month from 42 rentals. The bedroom and floor-area tables below show the full loaded history.
- Latest 12M median sale price is $3,250,000, with median sale PSF at $1,668 psf from 3 sales.
- Rent is down 1.5% over the last 3 months. Sale PSF is down 0.4% over the last 3 months.
The Peak@balmeg Market Brief
Compare the project with D05 across rent, sale PSF, tenure and transaction activity.
Compared with D05
Sale PSF vs D05 -22.6%
Sale PSF below district median
The Peak@balmeg's latest 12-month median sale PSF is $1,668 psf versus the D05 median of $2,155 psf for the same period. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 2.34%
Rent support near district screen
Gross yield is roughly 2.34% versus a D05 screen of 2.68%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 53.5% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity -23.1%
Activity is lighter
20 recent transactions versus 26 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.
Before you decide
Latest 12M median rent $6,350
Is the asking rent fair?
$6,050 to $6,650 is the first fair-rent band to check. Above $6,650 should have a visible reason.
Latest 12M median sale PSF $1,668 psf
Is the purchase price fair?
$3,150,000 to $3,350,000 and $1,620 to $1,720 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 53.5% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume -23.1%
Is activity rising?
Activity is lighter. 20 recent transactions versus 26 in the prior 6-month view.
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 229 Jun 2021 to Jun 2026
Sale transactions 27 Jun 2021 to Jan 2026
Rent trend -1.5% 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
Amenities
No amenity match yet.
The Peak@balmeg Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $6,000 59 rentals in view
Latest median sale PSF $1,524 psf 4 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jun 2026 7 $6,000 0 - -
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 - -
Projects Similar to The Peak@balmeg
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 2005 The Rochester Residences 2.5 km away 872 transactions
- Median rent
- $5,400
- Median sale PSF
- $1,533 psf
- Median rent
- $5,100
- Median sale PSF
- $1,535 psf
- Median rent
- $4,900
- Median sale PSF
- $1,506 psf
- Median rent
- $6,300
- Median sale PSF
- $1,394 psf
- Median rent
- $5,500
- Median sale PSF
- $1,476 psf
- Median rent
- $5,200
- Median sale PSF
- $1,685 psf
The Peak@balmeg Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
2 bed $4,600 $4,522 47
3 bed $6,200 $6,166 129
4 bed $7,350 $7,040 22
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 $4,399 32
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 $5,950 86
1,600 to 1,700 sqft $6,400 $6,300 5
1,700 to 1,800 sqft $6,500 $6,554 43
1,900 to 2,000 sqft $7,700 $7,368 17
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 latest 12-month median monthly rent of $6,350 across 42 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Latest 12M median rent $6,350
Rentals in period 42
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
Latest 12M sales at The Peak@balmeg show a median price of $3,250,000 and $1,668 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Latest 12M median sale $3,250,000
Latest 12M median PSF $1,668 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 Jun 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.
Run The Peak@balmeg numbers
Start with the project benchmarks, then adjust the calculator assumptions for the unit you are considering.
Rental yield $6,350/mo Test gross and net yield against typical rent. Buy vs rent $3.3M Compare ownership cost against renting. Mortgage $3.3M Estimate monthly payment from the sale price. Stamp duty $1,668 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
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 latest 12-month median monthly rent of $6,350 across 42 rentals in that period.
What is the typical sale price at The Peak@balmeg?
The latest 12-month median sale price for The Peak@balmeg is $3,250,000, based on 3 sales in that period.
What is the median sale PSF at The Peak@balmeg?
The latest 12-month median sale price per square foot for The Peak@balmeg is $1,668 psf. The average for the same period is $1,725 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.