The Peak@Balmeg
The Peak@Balmeg is a freehold condominium in District 5 (Queenstown) that obtained TOP in 2011, with 180 units across 7 blocks. Across 277 transactions on record, units have recently transacted around S$3.25M (S$1,674 psf, ~1,755 sqft). There are 27 units for sale from S$1.98M to S$5.29M.
What are the key facts about The Peak@Balmeg?
The Peak@Balmeg is a freehold condominium in District 5 (Queenstown) that obtained TOP in 2011, with 180 units across 7 blocks.
- Tenure
- Freehold
- TOP / Completion
- 2011
- Developer
- MAXGROWTH PTE LTD
- Total units
- 180
- Blocks
- 7
- District / Area
- District 5 (Queenstown)
- Market segment
- RCR
- Median PSF
- S$1,674 psf
- Last transacted
- Jan 2026
- Remaining lease
- Freehold
What is the price and PSF at The Peak@Balmeg?
Units have recently transacted around S$3.25M (S$1,674 psf), at a gross rental yield of about 2.0% (URA caveat data).
Recent median price
S$3.25M
recent · 277 sales on record
Median PSF
S$1,674 psf
recent transactions
Median rent (monthly)
S$5,475
739 rentals on record
Gross rental yield
2.0%
indicative, gross
Units currently for sale are asking a median of S$1,911 psf — about 14% above the most recent transacted PSF.
Source: URA caveat data, through Jan 2026.
What has recently sold at The Peak@Balmeg?
The Peak@Balmeg has 277 recorded sales; the most recent transacted at S$3,968,800 in Jan 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Jan 2026 | S$3,968,800 | 2,605 | S$1,524 psf |
| Oct 2025 | S$3,250,000 | 1,948 | S$1,668 psf |
| Sept 2025 | S$1,965,000 | 990 | S$1,984 psf |
| Aug 2025 | S$2,820,000 | 1,507 | S$1,871 psf |
| Dec 2024 | S$4,360,000 | 2,605 | S$1,674 psf |
| Dec 2024 | S$4,818,800 | 3,068 | S$1,571 psf |
| Dec 2024 | S$3,300,000 | 1,755 | S$1,881 psf |
| Jun 2024 | S$4,280,000 | 2,637 | S$1,623 psf |
| May 2024 | S$2,710,000 | 1,507 | S$1,798 psf |
| May 2024 | S$4,900,000 | 3,068 | S$1,597 psf |
| Apr 2024 | S$1,850,000 | 990 | S$1,868 psf |
| Jan 2024 | S$1,780,000 | 990 | S$1,797 psf |
277 sales and 739 rentals on record since Sept 2008. Source: URA.
Are prices at The Peak@Balmeg rising?
The median transacted PSF at The Peak@Balmeg has risen 50% over the past 9 years (2016–2025), from S$1,248 psf to S$1,871 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2025 | S$1,871 psf | S$2.82M | 3 | +11.8% |
| 2024 | S$1,674 psf | S$3.30M | 8 | +1.1% |
| 2023 | S$1,655 psf | S$2.60M | 7 | +8.8% |
| 2022 | S$1,521 psf | S$1.85M | 2 | +1.6% |
| 2021 | S$1,497 psf | S$2.50M | 11 | +11.1% |
| 2020 | S$1,347 psf | S$1.56M | 4 | -4.5% |
| 2019 | S$1,410 psf | S$2.15M | 5 | +4.9% |
| 2018 | S$1,344 psf | S$2.20M | 13 | +10.9% |
| 2017 | S$1,212 psf | S$2.05M | 13 | -2.9% |
| 2016 | S$1,248 psf | S$2.12M | 3 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around The Peak@Balmeg?
8,572 CEA-registered agents closed at least one recorded deal in District 5 — where The Peak@Balmeg sits — in the last 12 months, across all property types.
Active agents · 12mo
8,572
District 5 · closed ≥1 deal
Deals on record
46,728
all-time · all property types
Source: CEA public transaction records, attributed to District 5across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
What bedroom types are available at The Peak@Balmeg?
The Peak@Balmeg has 27 units listed for sale, spanning 2–5-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 2-bedroom | 8 | S$1.98M–S$2.30M | S$1,827 psf |
| 3-bedroom | 13 | S$2.88M–S$3.88M | S$1,922 psf |
| 4-bedroom | 4 | S$3.79M–S$3.79M | — |
| 5-bedroom | 2 | S$5.29M–S$5.29M | S$1,723 psf |
Where is The Peak@Balmeg and what's nearby?
The Peak@Balmeg is located in Queenstown, in the Central Region of Singapore.
The Peak@Balmeg is a freehold condominium completed in 2011. It was developed by MAXGROWTH PTE LTD. The development has 180 residential units. It sits on a land area of 17,107 sqm and has a gross floor area of 23,950 sqm. The plot ratio is 1.4.
THE PEAK@BALMEG is located at 11 Balmeg Hill, Singapore 119913. It is part of District 05, Pasir Panjang / Hong Leong Garden / Clementi New Town, Queenstown. The project falls within the Central Region and the RCR market segment.
The nearest rail connection is Haw Par Villa MRT, approximately 232m away, around 4 minutes on foot. Nearby amenities include Pasir Panjang Park for greenery and recreation. Facilities in the development include Barbeque Area, Basement car park, Clubhouse, Fitness corner, Playground, and 24 hours security.
Who built The Peak@Balmeg and how big is the development?
The Peak@Balmeg was developed by MAXGROWTH PTE LTD, with 180 units over up to 5 storeys.
- Developer
- MAXGROWTH PTE LTD
- Floors
- 5 storeys
- Blocks
- 7
- Land area
- 17,107 sqm (184,138 sqft)
- Gross floor area
- 23,950 sqm (257,795 sqft)
- Plot ratio
- 1.40
How far is The Peak@Balmeg from MRT and schools?
The nearest MRT/LRT to The Peak@Balmeg is Haw Par Villa MRT, about 232 m away (~4 min walk).
Getting around
- Haw Par Villa MRT232 m · ~4 min
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does The Peak@Balmeg have?
The Peak@Balmeg has 8 facilities, including Barbeque Area, Basement car park, Clubhouse, Fitness corner, and more.
What does it cost to own a unit at The Peak@Balmeg?
Buying a unit at The Peak@Balmeg (~S$3.25M) needs about S$23,791/mo in income and S$10,945/mo in repayments, after S$134,600 stamp duty and a S$813k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$3.25M) 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$134,600
BSD, tiered
Downpayment (25%)
S$813k
cash + CPF
Monthly instalment
S$10,945/mo
30y @ 3.5%
Income required
S$23,791/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 →
Thinking about The Peak@Balmeg? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from The Peak@Balmeg's own transactions.
PropKakiRecent units at The Peak@Balmeg sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about The Peak@Balmeg
How much does a unit at The Peak@Balmeg cost?⌄
Units at The Peak@Balmeg have recently transacted around S$3.25M (S$1,674 psf), from 277 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 Peak@Balmeg?⌄
For a unit around S$3.25M as a first home, you'd need roughly S$23,791/mo in income (assessed at the stress-test rate), with repayments near S$10,945/mo after a S$813k (25%) downpayment and S$134,600 Buyer's Stamp Duty.
Is The Peak@Balmeg a good investment?⌄
Gross rental yield is about 2.0%, and current asking prices sit about 14% above the most recent transacted PSF; median PSF has risen about 50% since 2016. 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 Peak@Balmeg going up?⌄
The median transacted PSF at The Peak@Balmeg has risen about 50% between 2016 and 2025, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is The Peak@Balmeg freehold or leasehold?⌄
The Peak@Balmeg is freehold — ownership does not expire.
When was The Peak@Balmeg built and who developed it?⌄
The Peak@Balmeg obtained TOP in 2011, developed by MAXGROWTH PTE LTD, with 180 units across 7 blocks.
How many units are for sale at The Peak@Balmeg?⌄
There are 27 units for sale at The Peak@Balmeg, from S$1.98M to S$5.29M.
What is the nearest MRT to The Peak@Balmeg?⌄
The nearest MRT/LRT station to The Peak@Balmeg is Haw Par Villa MRT, about 232 m away (~4 min walk).