FreeholdCCRDistrict 10 (Newton)

The Balmoral Spring

Reviewed by Nathan TangUpdated 10 August 2026Data through Dec 2025 (URA)
Quick Summary

The Balmoral Spring is a freehold apartment in District 10 (Newton) that obtained TOP in 2000, with 27 units across 1 block. Across 56 transactions on record, units have recently transacted around S$2.35M (S$2,123 psf, ~1,119 sqft).

1

What are the key facts about The Balmoral Spring?

Key Takeaway

The Balmoral Spring is a freehold apartment in District 10 (Newton) that obtained TOP in 2000, with 27 units across 1 block.

Tenure
Freehold
TOP / Completion
2000
Developer
TG DEVELOPMENT PTE LTD
Total units
27
Blocks
1
District / Area
District 10 (Newton)
Market segment
CCR
Median PSF
S$2,123 psf
Last transacted
Dec 2025
Remaining lease
Freehold
2

What is the price and PSF at The Balmoral Spring?

Key Takeaway

Units have recently transacted around S$2.35M (S$2,123 psf), at a gross rental yield of about 2.0% (URA caveat data).

Recent median price

S$2.35M

recent · 56 sales on record

Median PSF

S$2,123 psf

recent transactions

Median rent (monthly)

S$3,912

231 rentals on record

Gross rental yield

2.0%

indicative, gross

Source: URA caveat data, through Dec 2025.

3

What has recently sold at The Balmoral Spring?

Key Takeaway

The Balmoral Spring has 56 recorded sales; the most recent transacted at S$2,450,000 in Dec 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Dec 2025S$2,450,0001,076S$2,276 psf
Mar 2025S$3,165,0001,356S$2,334 psf
Oct 2024S$2,700,0001,119S$2,412 psf
Feb 2024S$2,650,0001,119S$2,367 psf
Dec 2023S$2,700,0001,227S$2,200 psf
Aug 2023S$2,350,0001,076S$2,183 psf
Mar 2023S$2,285,0001,076S$2,123 psf
Dec 2021S$4,200,0002,713S$1,548 psf
Sept 2018S$1,950,0001,119S$1,742 psf
Dec 2015S$1,918,0001,227S$1,563 psf
May 2015S$1,680,0001,076S$1,561 psf
Nov 2011S$1,650,0001,076S$1,533 psf

56 sales and 231 rentals on record since May 1999. Source: URA.

4

Are prices at The Balmoral Spring rising?

Key Takeaway

The median transacted PSF at The Balmoral Spring has risen 123% over the past 20 years (20052025), from S$1,022 psf to S$2,276 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2025S$2,276 psfS$2.45M2-3.8%
2024S$2,367 psfS$2.65M2+8.4%
2023S$2,183 psfS$2.35M3+39.8%
2015S$1,561 psfS$1.68M2+7.1%
2011S$1,457 psfS$1.57M2+9.1%
2010S$1,335 psfS$1.60M3+11.3%
2009S$1,200 psfS$1.51M5-3.1%
2007S$1,239 psfS$1.44M9+16.7%
2006S$1,062 psfS$1.27M3+3.9%
2005S$1,022 psfS$1.10M2

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

5

How many property agents are active around The Balmoral Spring?

Key Takeaway

8,469 CEA-registered agents closed at least one recorded deal in District 10 — where The Balmoral Spring sits — in the last 12 months, across all property types.

Active agents · 12mo

8,469

District 10 · closed ≥1 deal

Deals on record

67,594

all-time · all property types

Source: CEA public transaction records, attributed to District 10across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

Where is The Balmoral Spring and what's nearby?

Key Takeaway

The Balmoral Spring is located in Newton, in the Central Region of Singapore.

The Balmoral Spring is a freehold apartment completed in 2000. It was developed by TG DEVELOPMENT PTE LTD. The development has 27 residential units. It sits on a land area of 2,145 sqm and has a gross floor area of 3,430 sqm. The plot ratio is 1.6.

THE BALMORAL SPRING is located at 3 Balmoral Crescent, Singapore 259888. It is part of District 10, Ardmore / Bukit Timah / Holland Road / Tanglin, Newton. The project falls within the Central Region and the CCR market segment.

The nearest rail connection is Newton MRT, approximately 414m away, around 6 minutes on foot. Nearby amenities include Far East Plaza for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Newton Food Centre for food options, and Goldhill Ave Pg for greenery and recreation. Facilities in the development include Barbeque Area, Covered car park, Playground, 24 hours security, Swimming pool, and Wading pool.

7

Who built The Balmoral Spring and how big is the development?

Key Takeaway

The Balmoral Spring was developed by TG DEVELOPMENT PTE LTD, with 27 units.

Developer
TG DEVELOPMENT PTE LTD
Blocks
1
Land area
2,145 sqm (23,089 sqft)
Gross floor area
3,430 sqm (36,920 sqft)
Plot ratio
1.60
8

How far is The Balmoral Spring from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Balmoral Spring is Newton MRT, about 414 m away (~7 min walk). 4 schools are within 1 km, including 2 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Anglo-Chinese School (Primary)Primary schoolwithin 1 km · P1 priority354 m
  • Anglo-Chinese School (Barker Road)Secondary schoolwithin 1 km490 m
  • Singapore Chinese Girls' SchoolSecondary schoolwithin 1 km891 m
  • Singapore Chinese Girls' Primary SchoolPrimary schoolwithin 1 km · P1 priority891 m
  • Anglo-Chinese School (Junior)Primary school1.0 km
  • Catholic Junior CollegeJunior college1.0 km
  • St. Joseph's InstitutionMixed-level school1.1 km
  • St. Joseph's Institution JuniorPrimary school1.3 km

Shops, food & parks

Mall: Far East Plaza · 923 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 399 mHawker centre: Newton Food Centre · 707 mPark: Goldhill Ave Pg · 642 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

What facilities does The Balmoral Spring have?

Key Takeaway

The Balmoral Spring has 6 facilities, including Barbeque Area, Covered car park, Playground, 24 hours security, and more.

Barbeque AreaCovered car parkPlayground24 hours securitySwimming poolWading pool
10

What does it cost to own a unit at The Balmoral Spring?

Key Takeaway

Buying a unit at The Balmoral Spring (~S$2.35M) needs about S$17,203/mo in income and S$7,914/mo in repayments, after S$87,100 stamp duty and a S$588k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.35M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$87,100

BSD, tiered

Downpayment (25%)

S$588k

cash + CPF

Monthly instalment

S$7,914/mo

30y @ 3.5%

Income required

S$17,203/mo

TDSR @ stress rate

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

Keep going in the PropKaki app

Thinking about The Balmoral Spring? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from The Balmoral Spring's own transactions.

PropKaki
Is The Balmoral Spring a good buy, and what are units selling for?

Recent units at The Balmoral Spring sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
11

Frequently asked questions about The Balmoral Spring

How much does a unit at The Balmoral Spring cost?

Units at The Balmoral Spring have recently transacted around S$2.35M (S$2,123 psf), from 56 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at The Balmoral Spring?

For a unit around S$2.35M as a first home, you'd need roughly S$17,203/mo in income (assessed at the stress-test rate), with repayments near S$7,914/mo after a S$588k (25%) downpayment and S$87,100 Buyer's Stamp Duty.

Is The Balmoral Spring a good investment?

Gross rental yield is about 2.0%; median PSF has risen about 123% since 2005. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at The Balmoral Spring going up?

The median transacted PSF at The Balmoral Spring has risen about 123% between 2005 and 2025, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is The Balmoral Spring freehold or leasehold?

The Balmoral Spring is freehold — ownership does not expire.

When was The Balmoral Spring built and who developed it?

The Balmoral Spring obtained TOP in 2000, developed by TG DEVELOPMENT PTE LTD, with 27 units across 1 block.

What is the nearest MRT to The Balmoral Spring?

The nearest MRT/LRT station to The Balmoral Spring is Newton MRT, about 414 m away (~7 min walk).

Which primary schools are within 1 km of The Balmoral Spring?

Anglo-Chinese School (Primary), Singapore Chinese Girls' Primary School are within 1 km of The Balmoral Spring — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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