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Home/District 5 - Buona Vista, Pasir Panjang/THE PEAK@BALMEG

THE PEAK@BALMEG

District 5RCRFreeholdPropertyGuru

Project Details

Address
BALMEG HILL
Property Type
Condominium
Total Units
180
Est. TOP
2011
Developer
Maxgrowth Pte Ltd
Tenure
Freehold
Price by Bedroom (median, 3yr)
3-Bed*
$1,850,000
3 txns
4-Bed*
$2,710,000
3 txns
5-Bed*
$4,280,000
8 txns
* Bedroom count estimated from floor area (this project is not catalogued on EdgeProp.sg).
Median PSF (3yr)
$1693
14 transactions
Normalized PSF
$1,686
Raw $1,693 · Bala Freehold
vs new D5 launches
-35.1%
Both sides Bala-normalized

About this number

Normalized PSF uses Bala's Table - the Singapore Land Authority differential premium reference for valuing leasehold against freehold. Bala values a fresh 99-year lease at 96% of freehold; the curve drops non-linearly, reaching ~75% at 50 years remaining and ~60% at 30 years.

Below 40 years remaining we stop normalizing because the curve diverges from market reality once CPF withdrawal restrictions and bank LTV cliffs dominate.

A separate 5% adjustment applies to projects whose lease commenced before 2023, reflecting the older strata-area measurement convention (which counted air-con ledges and bay windows).

Source: Singapore Land Authority differential premium reference (Bala's Table).

Investment Signals

Fairfield Methodist Primary (2.0km)T2Moderate supply: 971 units within 2kmHaw Par Villa MRT (247m)

PSF Trend

Transaction prices per square foot

More projects in District 5 - Buona Vista, Pasir Panjang ->
Last 3 years
  • THE PEAK@BALMEGRCR
    Jan 2026 · D5 · 5-Bed* · 2,605 sqft · fl 01-05
    $3,968,800
    $1,524 psf
    $1,524 norm
    Resale
  • THE PEAK@BALMEGRCR
    Oct 2025 · D5 · 5-Bed* · 1,948 sqft · fl 01-05
    $3,250,000
    $1,668 psf
    $1,668 norm
    Resale
  • THE PEAK@BALMEGRCR
    Sep 2025 · D5 · 3-Bed* · 990 sqft · fl 01-05
    $1,965,000
    $1,984 psf
    $1,984 norm
    Resale
  • THE PEAK@BALMEGRCR
    Aug 2025 · D5 · 4-Bed* · 1,507 sqft · fl 01-05
    $2,820,000
    $1,871 psf
    $1,871 norm
    Resale
  • THE PEAK@BALMEGRCR
    Dec 2024 · D5 · 5-Bed* · 3,068 sqft · fl 01-05
    $4,818,800
    $1,571 psf
    $1,571 norm
    Resale
  • THE PEAK@BALMEGRCR
    Dec 2024 · D5 · 5-Bed* · 2,605 sqft · fl 01-05
    $4,360,000
    $1,674 psf
    $1,674 norm
    Resale
  • THE PEAK@BALMEGRCR
    Dec 2024 · D5 · 5-Bed* · 1,755 sqft · fl 01-05
    $3,300,000
    $1,881 psf
    $1,881 norm
    Resale
  • THE PEAK@BALMEGRCR
    Jun 2024 · D5 · 5-Bed* · 2,637 sqft · fl 01-05
    $4,280,000
    $1,623 psf
    $1,623 norm
    Resale
  • THE PEAK@BALMEGRCR
    May 2024 · D5 · 4-Bed* · 1,507 sqft · fl 01-05
    $2,710,000
    $1,798 psf
    $1,798 norm
    Resale
  • THE PEAK@BALMEGRCR
    May 2024 · D5 · 5-Bed* · 3,068 sqft · fl 01-05
    $4,900,000
    $1,597 psf
    $1,597 norm
    Resale
  • THE PEAK@BALMEGRCR
    Apr 2024 · D5 · 3-Bed* · 990 sqft · fl 01-05
    $1,850,000
    $1,868 psf
    $1,868 norm
    Resale
  • THE PEAK@BALMEGRCR
    Jan 2024 · D5 · 3-Bed* · 990 sqft · fl 01-05
    $1,780,000
    $1,797 psf
    $1,797 norm
    Resale
  • THE PEAK@BALMEGRCR
    Nov 2023 · D5 · 4-Bed* · 1,507 sqft · fl 01-05
    $2,528,880
    $1,678 psf
    $1,678 norm
    Resale
  • THE PEAK@BALMEGRCR
    Jul 2023 · D5 · 5-Bed* · 1,938 sqft · fl 01-05
    $3,280,000
    $1,693 psf
    $1,693 norm
    Resale
ProjectDistRegionBedFloorAreaPricePSF99yr NormDateType
THE PEAK@BALMEG5RCR5*01-052,605$3,968,800$1,524$1,524Jan 2026Resale
THE PEAK@BALMEG5RCR5*01-051,948$3,250,000$1,668$1,668Oct 2025Resale
THE PEAK@BALMEG5RCR3*01-05990$1,965,000$1,984$1,984Sep 2025Resale
THE PEAK@BALMEG5RCR4*01-051,507$2,820,000$1,871$1,871Aug 2025Resale
THE PEAK@BALMEG5RCR5*01-053,068$4,818,800$1,571$1,571Dec 2024Resale
THE PEAK@BALMEG5RCR5*01-052,605$4,360,000$1,674$1,674Dec 2024Resale
THE PEAK@BALMEG5RCR5*01-051,755$3,300,000$1,881$1,881Dec 2024Resale
THE PEAK@BALMEG5RCR5*01-052,637$4,280,000$1,623$1,623Jun 2024Resale
THE PEAK@BALMEG5RCR4*01-051,507$2,710,000$1,798$1,798May 2024Resale
THE PEAK@BALMEG5RCR5*01-053,068$4,900,000$1,597$1,597May 2024Resale
THE PEAK@BALMEG5RCR3*01-05990$1,850,000$1,868$1,868Apr 2024Resale
THE PEAK@BALMEG5RCR3*01-05990$1,780,000$1,797$1,797Jan 2024Resale
THE PEAK@BALMEG5RCR4*01-051,507$2,528,880$1,678$1,678Nov 2023Resale
THE PEAK@BALMEG5RCR5*01-051,938$3,280,000$1,693$1,693Jul 2023Resale

Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.