PropKaki
FreeholdRCRDistrict 5 (Queenstown)

The Peak@Balmeg

Reviewed by Nathan TangUpdated 20 June 2026Data through Jan 2026 (URA)
Quick Summary

The Peak@Balmeg is a freehold condominium in District 5 (Queenstown) that obtained TOP in 2011, with 180 units across 7 blocks. Units have recently transacted around S$3.25M (S$1,674 psf), from 277 sales on record. There are 30 units for sale from S$1.98M to S$5.29M.

1

What are the key facts about The Peak@Balmeg?

Key Takeaway

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
2

What is the price and PSF at The Peak@Balmeg?

Key Takeaway

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$5,480

730 rentals on record

Gross rental yield

2.0%

indicative, gross

Units currently for sale are asking a median of S$1,992 psf — about 19% above the most recent transacted PSF.

Source: URA caveat data, through Jan 2026.

3

What has recently sold at The Peak@Balmeg?

Key Takeaway

The Peak@Balmeg has 277 recorded sales; the most recent transacted at S$3,968,800 in Jan 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jan 2026S$3,968,8002,605S$1,524 psf
Oct 2025S$3,250,0001,948S$1,668 psf
Sept 2025S$1,965,000990S$1,984 psf
Aug 2025S$2,820,0001,507S$1,871 psf
Dec 2024S$4,360,0002,605S$1,674 psf
Dec 2024S$4,818,8003,068S$1,571 psf
Dec 2024S$3,300,0001,755S$1,881 psf
Jun 2024S$4,280,0002,637S$1,623 psf
May 2024S$2,710,0001,507S$1,798 psf
May 2024S$4,900,0003,068S$1,597 psf
Apr 2024S$1,850,000990S$1,868 psf
Jan 2024S$1,780,000990S$1,797 psf

277 sales and 730 rentals on record since Sept 2008. Source: URA.

4

What bedroom types are available at The Peak@Balmeg?

Key Takeaway

The Peak@Balmeg has 30 units listed for sale, spanning 2–5-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
2-bedroom7S$1.98M–S$2.30MS$2,000 psf
3-bedroom14S$3.00M–S$3.88MS$1,928 psf
4-bedroom8S$3.20M–S$3.79MS$2,123 psf
5-bedroom1S$5.29M–S$5.29MS$1,723 psf
5

Where is The Peak@Balmeg and what's nearby?

Key Takeaway

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.

6

How far is The Peak@Balmeg from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Peak@Balmeg is Haw Par Villa MRT, about 232 m away (~4 min walk).

Getting around

Shops, food & parks

Park: Pasir Panjang Park · 413 m

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

7

What facilities does The Peak@Balmeg have?

Key Takeaway

The Peak@Balmeg has 8 facilities, including Barbeque Area, Basement car park, Clubhouse, Fitness corner, and more.

Barbeque AreaBasement car parkClubhouseFitness cornerPlayground24 hours securitySpa poolSwimming pool
8

What does it cost to own a unit at The Peak@Balmeg?

Key Takeaway

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

9

Frequently asked questions about The Peak@Balmeg

What is the price at The Peak@Balmeg?

Units at The Peak@Balmeg have recently transacted around S$3.25M (S$1,674 psf), from 277 sales on record (URA caveat data).

What is the PSF at The Peak@Balmeg?

Units for sale at The Peak@Balmeg are asking a median of about S$1,992 psf.

Is The Peak@Balmeg freehold or leasehold?

The Peak@Balmeg is freehold.

When was The Peak@Balmeg built?

The Peak@Balmeg obtained TOP in 2011, developed by MAXGROWTH PTE LTD.

How many units are for sale at The Peak@Balmeg?

There are 30 units for sale at The Peak@Balmeg, from S$1.98M to S$5.29M.

What is the rental yield at The Peak@Balmeg?

Gross rental yield at The Peak@Balmeg is about 2.0%, based on median current rents and prices.

How many units are in The Peak@Balmeg?

The Peak@Balmeg has 180 units across 7 blocks.

What facilities does The Peak@Balmeg have?

The Peak@Balmeg has 8 facilities, including Barbeque Area, Basement car park, Clubhouse, Fitness corner, Playground, 24 hours security, and more.

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).

Chat on WhatsApp
Try Now on WhatsApp