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Project Profile

Balmoral Plaza
condo

Indicative
Price Range:(Average*)
$3,100,000 - $3,100,000 ($3,100,000) Indicative
Rental Range:(Monthly Average*)
$3,500 - $3,700 ($3,600)
Street Name Bukit Timah Road
Property Type Apartment
Number of Units 7 units
Facilities Car Park, Club House
Completion 1994
Tenure Freehold
Source: Urban Redevelopment Authority (URA)
Historical High $1315 psf in Apr 2019 for a 2357sqft unit
Historical Low $1212 psf in Mar 2017 for a 1981sqft unit
Implied Rental Yield 1.8%
Indicative Average Price
from Historical High
N/A
Buyer profile by
purchaser address#
HDB 50.0%, Private 50.0%
* Based on contracts in the last 12 months.
# Based on all available caveats, it does not represent the breakdown of current owners.

Buyer Profile

Source: Urban Redevelopment Authority (URA)
The chart shows the breakdown of buyers by nationality. The majority of the buyers consist of Singaporeans (38.5%) while PR (15.4%) make up the least.

Estimated Unit Size Distribution

Source: Urban Redevelopment Authority (URA)

The chart shows the breakdown of all the units within the development by unit size. Majority of (50.0%) of the apartments are 2201 to 2400 sqft and apartments of 1701 to 2200 sqft make up the least (50.0%).

Larger households with stronger pricing power are more likely opt for larger apartments. Smaller households and singles are more likely to opt for lower square footage sized apartments because of their affordability and functionality.