THE TIER

District 12 · PEGU ROAD

Price Trends

Stable prices2.2% overall change

2 years change:+2.2%($1515 → $1548)

Median PSF:$1515/sqft

Price Data (SGD)

Language:

Location

28 Pegu Road, Singapore 328373, District 12

Tenure

Freehold

Units

Completion

2013

Developer

Kaiwatt Development Pte Ltd

Floors/Blocks

18 floors, 1 block

Site Area

814 sqm

Location	28 Pegu Road, Singapore 328373, District 12
Tenure	Freehold
Units	48
Completion	2013
Developer	Kaiwatt Development Pte Ltd
Floors/Blocks	18 floors, 1 block
Site Area	814 sqm
Parking	Basement car park (estimated, typical for boutique developments)
Key Features	Freehold tenure, boutique low-density living, rooftop garden, strong rental yield (~4.8%), walking distance to Novena MRT
Facilities	Swimming pool, gym, BBQ pits, rooftop garden, 24-hour security
Unit Types	1-bedroom, 2-bedroom, penthouse
Size Range	Approx. 441 – 1,119 sqft (41 – 104 sqm)
Price Range	S$1,479 – S$1,818 psf (recent transactions); approx. S$700,000 – S$1.8 million
Nearest MRT	Novena MRT (NS20) ~12 min walk, Toa Payoh MRT (NS19) ~17 min walk, Farrer Park MRT (NE8) ~17 min walk
Nearby Schools	Northlight School, Hong Wen School, St. Joseph’s Institution Junior, Bendemeer Secondary, Farrer Park Primary, CHIJ (Toa Payoh), Anglo-Chinese School (Barker), among others
Nearby Amenities	Shaw Plaza, Balestier Plaza, Zhongshan Mall, NTUC FairPrice, Big Harvest Supermarket, eateries along Balestier Road, Novena medical cluster
Investment Outlook	Attractive for rental investors due to strong yield (~4.8%), freehold status, proximity to Novena/Toa Payoh MRT and medical hub; boutique size offers exclusivity and privacy

Information is subject to change and should be verified independently.

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Date	Project Name	Address	Size (sqm)	Price	PSF	Floor	Type	Segment	District	Tenure
2025-02	THE TIER	PEGU ROAD	51 sqm (549 sqft)	$850,000	$1548/sqft	11-15	Apartment	RCR	12	Freehold
2024-09	THE TIER	PEGU ROAD	51 sqm (549 sqft)	$812,088	$1479/sqft	11-15	Apartment	RCR	12	Freehold
2023-03	THE TIER	PEGU ROAD	46 sqm (495 sqft)	$750,000	$1515/sqft	11-15	Apartment	RCR	12	Freehold
2022-09	THE TIER	PEGU ROAD	50 sqm (538 sqft)	$828,000	$1538/sqft	01-05	Apartment	RCR	12	Freehold
2022-06	THE TIER	PEGU ROAD	50 sqm (538 sqft)	$828,000	$1538/sqft	06-10	Apartment	RCR	12	Freehold
2022-05	THE TIER	PEGU ROAD	51 sqm (549 sqft)	$905,000	$1649/sqft	16-20	Apartment	RCR	12	Freehold
2022-04	THE TIER	PEGU ROAD	50 sqm (538 sqft)	$828,000	$1538/sqft	06-10	Apartment	RCR	12	Freehold
2021-12	THE TIER	PEGU ROAD	50 sqm (538 sqft)	$870,000	$1617/sqft	06-10	Apartment	RCR	12	Freehold
2021-12	THE TIER	PEGU ROAD	60 sqm (646 sqft)	$939,900	$1455/sqft	01-05	Apartment	RCR	12	Freehold
2021-09	THE TIER	PEGU ROAD	51 sqm (549 sqft)	$813,800	$1482/sqft	11-15	Apartment	RCR	12	Freehold
2021-09	THE TIER	PEGU ROAD	50 sqm (538 sqft)	$820,000	$1524/sqft	06-10	Apartment	RCR	12	Freehold
2021-06	THE TIER	PEGU ROAD	50 sqm (538 sqft)	$815,000	$1514/sqft	06-10	Apartment	RCR	12	Freehold
2021-04	THE TIER	PEGU ROAD	46 sqm (495 sqft)	$705,000	$1424/sqft	06-10	Apartment	RCR	12	Freehold
2021-03	THE TIER	PEGU ROAD	50 sqm (538 sqft)	$820,000	$1524/sqft	06-10	Apartment	RCR	12	Freehold

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