The Tier rent and sale price
D12 / Balestier, Toa Payoh, Serangoon
Address 28 Pegu Road the Tier Singapore 328373
Open map
Apartment, Non-Landed Properties 143 transactions Freehold Latest records Jun 2026
Similar projects nearby
Project read
Quick summary about The Tier
The Tier is a freehold apartment in D12 / Balestier, Toa Payoh, Serangoon. The page currently tracks 128 rentals and 15 sales.
- Typical rent is $2,975 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $828,000, with median sale PSF at $1,538 psf and total recorded sale value of $12.5M.
- Rent is up 4.9% over the last 3 months. Sale PSF is up 4.6% over the last 3 months.
The Tier Market Position
How this project compares with the wider D12 market before you read the detailed tables.
Rent vs D12 -15.0%
Rents below district median
The Tier's median rent is $2,975 compared with the D12 median of $3,500. Use this as the district-level check before narrowing by bedroom and area band.
Sale PSF vs D12 -13.1%
Sale PSF below district median
The Tier's median sale PSF is $1,538 psf versus the D12 median of $1,769 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 4.31%
Rent support above district screen
Gross yield is roughly 4.31% versus a D12 screen of 2.56%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 20.8% spread
Rent has some movement
Recent rents moved enough that bedroom count, area band and latest contracts matter.
Market activity -12.5%
Activity is steady
Recent transaction volume is close to the prior 6-month view.
Tenure lens Freehold
Freehold comparison needed
Freehold matters most on sale price. Compare The Tier against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
The Tier Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $2,975
Is the asking rent fair?
$2,850 to $3,100 is the first fair-rent band to check. Above $3,100 should have a visible reason.
Median sale PSF $1,538 psf
Is the purchase price fair?
$800,000 to $850,000 and $1,490 to $1,580 psf are the first sale checks before adjusting for floor, size, view and condition.
1 bed rent $2,900
Are similar units renting for more?
1 bed and 500 to 600 sqft give the closest unit-size checks.
Rent stability 20.8% spread
Is rent stable here?
Rent has some movement. Recent rents moved enough that bedroom count, area band and latest contracts matter.
Transaction volume -12.5%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
Run The Tier numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $2,975/mo Test gross and net yield against typical rent. Buy vs rent $828.0K Compare ownership cost against renting. Mortgage $828.0K Estimate monthly payment from the sale price. Stamp duty $1,538 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
The Tier Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Apartment, Non-Landed Properties
Sales 15 resale transactions
Total sold value $12.5M
The Tier Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 128 Jul 2021 to May 2026
Sale transactions 15 Jun 2021 to May 2026
Rent trend 4.9% Last 3 months
Sale PSF trend 4.6% Last 3 months
The Tier 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
NOVENA MRT STATION (NS20) 0.85 km away
TOA PAYOH MRT STATION (NS19) 1.14 km away
FARRER PARK MRT STATION 1.17 km away
Schools nearby
BENDEMEER SECONDARY SCHOOL 1.12 km away
FARRER PARK PRIMARY SCHOOL 1.18 km away
BENDEMEER PRIMARY SCHOOL 1.6 km away
SHG STUDENT CARE (BENDEMEER PRIMARY SCHOOL) 1.6 km away
Amenities
BENDEMEER SHOPPING MALL Mall / retail · 1.39 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 2.69 km away
WHAMPOA PARK CONNECTOR Park / green link · 0.48 km away
HAWKER CENTRE (BLK 75 TOA PAYOH LORONG 5) Food centre · 1.46 km away
The Tier Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,200 43 rentals in view
Latest median sale PSF $1,585 psf 4 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
May 2026 1 $3,200 1 $1,585 psf $870,000
Apr 2026 1 $3,450 0 - -
Mar 2026 4 $3,000 0 - -
Feb 2026 1 $2,900 0 - -
Jan 2026 4 $3,050 0 - -
Dec 2025 2 $3,225 0 - -
Nov 2025 3 $3,000 0 - -
Oct 2025 1 $2,900 0 - -
Sept 2025 4 $3,000 1 $1,598 psf $860,000
Aug 2025 2 $2,900 0 - -
Jul 2025 2 $2,825 0 - -
Jun 2025 3 $3,150 0 - -
Projects Similar to The Tier
Same district, ranked by similar rent, sale PSF and transaction depth.
Freehold Regent Residences 1.5 km away 469 transactions
- Median rent
- $3,000
- Median sale PSF
- $1,571 psf
- Median rent
- $3,100
- Median sale PSF
- $1,535 psf
- Median rent
- $3,000
- Median sale PSF
- $1,622 psf
- Median rent
- $2,950
- Median sale PSF
- $1,494 psf
- Median rent
- $2,700
- Median sale PSF
- $1,594 psf
- Median rent
- $2,900
- Median sale PSF
- $1,665 psf
The Tier Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $2,900 $2,770 87
2 bed $3,000 $3,005 41
The Tier Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
400 to 500 sqft $2,800 $2,642 51
500 to 600 sqft $3,000 $2,953 75
600 to 700 sqft $4,000 $4,000 2
The Tier Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $883,950 $1,497 psf 2
06 to 10 $828,000 $1,538 psf 6
11 to 15 $812,088 $1,515 psf 5
16 to 20 $887,500 $1,617 psf 2
The Tier 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 Tier shows a typical monthly rent of $2,975 across 128 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $2,975
Rentals 128
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 Tier point to a typical sale price of $828,000 and $1,538 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $828,000
Median PSF $1,538 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 Tier has 15 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Moderate
Total sold value $12.5M
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 D12 to compare The Tier 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 Tier FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at The Tier?
The Tier has a median monthly rent of $2,975 across 128 rentals.
What is the typical sale price at The Tier?
The median sale price for The Tier is $828,000, based on 15 sales on this page.
What is the median sale PSF at The Tier?
The median sale price per square foot for The Tier is $1,538 psf. The average sale PSF is $1,540 psf.
Is The Tier freehold or leasehold?
The Tier is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is The Tier located?
The Tier is located at 28 Pegu Road the Tier Singapore 328373 in D12 / Balestier, Toa Payoh, Serangoon.
How current is the The Tier 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.