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 279 transactions on record, units have recently transacted around S$3.25M (S$1,674 psf, ~1,755 sqft). There are 35 units for sale from S$1.98M to S$6.50M.
| Tenure | Freehold |
|---|---|
| TOP year | 2011 |
| Developer | MAXGROWTH PTE LTD |
| Units | 180 in 7 blocks |
| District and area | District 5 · Queenstown · RCR |
| Nearest MRT | Haw Par Villa MRT, 232 m (~4 min walk) |
| Latest median psf | S$1,674 psf, last 12 URA caveats to Aug 2026 |
What's for sale and for rent at The Peak@Balmeg?
The Peak@Balmeg has 35 units listed for sale, asking S$1.98M to S$6.50M (median S$2,020 psf), and 14 units for rent at a median of S$6,500 a month.
For sale
35 listings
S$1.98M – S$6.50M
For rent
14 listings
S$1,295 – S$7,500 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 2-bedroom | 9 | S$1.98M–S$2.30M | S$2,000 psf |
| 3-bedroom | 11 | S$3.00M–S$3.88M | S$1,753 psf |
| 4-bedroom | 12 | S$3.58M–S$3.79M | S$2,045 psf |
| 5-bedroom | 3 | S$5.29M–S$6.50M | — |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at The Peak@Balmeg?
Floor plans for The Peak@Balmeg aren't in PropKaki's library yet. Across 279 URA caveats, units range from 990 sqft to 3,068 sqft, and the middle half are 1,507 sqft to 1,755 sqft.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 2-bedroom | 990 sqft to 1,259 sqft | S$1.98M · S$2,000 psf |
| 3-bedroom | 1,505 sqft to 1,948 sqft | S$3.00M · S$1,753 psf |
| 4-bedroom | 1,755 sqft | S$3.58M · S$2,045 psf |
| 5-bedroom | 3,068 sqft to 3,069 sqft | S$5.29M |
Check the Floor Plan Finder for The Peak@Balmeg →
Unit sizes from URA caveats. Listed sizes from current property listings.
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 · 279 sales on record
Median PSF
S$1,674 psf
recent transactions
Median rent (monthly)
S$5,478
742 rentals on record
Gross rental yield
2.0%
indicative, gross
Units currently for sale are asking a median of S$2,020 psf — about 21% above the most recent transacted PSF.
Source: URA caveat data, through Aug 2026.
What has recently sold at The Peak@Balmeg?
The Peak@Balmeg has 279 recorded sales; the most recent transacted at S$2,720,000 in Aug 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Aug 2026 | S$2,720,000 | 1,507 | S$1,805 psf |
| Aug 2026 | S$2,910,000 | 1,507 | S$1,931 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 |
279 sales and 742 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 49% over the past 9 years (2017–2026), from S$1,212 psf to S$1,805 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2026 | S$1,805 psf | S$2.91M | 3 | -3.5% |
| 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 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
Is The Peak@Balmeg a good investment?
Of 109 units at The Peak@Balmeg that were bought and later resold (bought from 2008, resold up to 2026), 97% sold for more than they were bought for, with a median gain of 30% over a median 6.9-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.0%. Units listed now ask about 21% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Sold for more than bought
97%
of 109 resales here
Median gain
30%
gross, before costs
Median hold
6.9 years
bought to resold
Every unit at The Peak@Balmeg with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →
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.
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.
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
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
How many property agents are active around The Peak@Balmeg?
8,573 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
8,573
District 5 · closed ≥1 deal
Deals on record
46,751
all-time · all property types
Source: CEA public transaction records, attributed to District 5 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
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
Is The Peak@Balmeg freehold?⌄
Yes. The Peak@Balmeg is freehold, so ownership does not run out.
How old is The Peak@Balmeg?⌄
The Peak@Balmeg was completed (obtained TOP) in 2011, so it is about 15 years old.
Is The Peak@Balmeg a good investment?⌄
Of 109 units at The Peak@Balmeg that were bought and later resold (bought from 2008, resold up to 2026), 97% sold for more than they were bought for, with a median gain of 30% over a median 6.9-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.0%. Units listed now ask about 21% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Is The Peak@Balmeg an EC?⌄
No. The Peak@Balmeg is a private condominium, not an executive condominium (EC).
Who is the developer of The Peak@Balmeg?⌄
The Peak@Balmeg was developed by MAXGROWTH PTE LTD.
What is the price of a condo at The Peak@Balmeg?⌄
Units at The Peak@Balmeg have recently sold for around S$3.25M (S$1,674 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 35 units are listed for sale from S$1.98M to S$6.50M.
Where is The Peak@Balmeg located?⌄
The Peak@Balmeg is at 11 Balmeg Hill, Singapore 119913, in Queenstown (District 5). The nearest MRT station is Haw Par Villa MRT, about 232 m away.
How many units are there in The Peak@Balmeg?⌄
The Peak@Balmeg has 180 units in 7 blocks, up to 5 storeys high.
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.
Are prices at The Peak@Balmeg going up?⌄
The median price per square foot at The Peak@Balmeg has risen about 49% between 2017 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.