The Peak@balmeg For Sale: Properties & Units Available in District 05
The Peak@balmeg for sale offers rare freehold condos in Pasir Panjang, District 05, with units starting from S$2.1 million. Homejourney provides verified listings, price trends, and safe buying guidance for Singapore condo for sale seekers in this prime Balmeg Hill location.
Table of Contents
- Property Overview
- Available Units for Sale
- Why Buy at The Peak@balmeg
- Price Analysis for Buyers
- Location Advantages
- Financing Guide
- Buying Process
- Investment Potential
- FAQ
Property Overview
The Peak@balmeg is a freehold condominium completed in 2011 by Maxgrowth Pte Ltd, featuring 180 units across 7 low-rise blocks of 5 storeys each on Balmeg Hill in District 05.[1][2] This Singapore condo for sale gem in Pasir Panjang offers 2- to 5-bedroom layouts from 900 to 3,000 sqft, blending luxury with a tranquil, landed-enclave vibe.[1][3]
Buyers love its sea views, exclusive facilities like a swimming pool, spa pool, clubhouse, BBQ area, playground, fitness corner, and 24-hour security—prioritizing resident safety as Homejourney does.[1][2] Nestled beside Haw Par Villa, it redevelopment from Balmeg Court into modern low-density homes appeals to families and investors seeking D05 properties with enduring value.[3]
Homejourney verifies all The Peak@balmeg for sale listings to ensure transparency, helping you buy condo confidently in this established freehold development.[7]
Developer Reputation and Build Quality
Maxgrowth Pte Ltd (associated with MCL Land) delivered durable 5-storey blocks with basement parking on a 17,107 sqm site, emphasizing quality in a freehold tenure rare in Singapore.[1][4] Units boast high ceilings, spacious balconies, and attic penthouses in select blocks, standing the test of time since TOP in 2011.[2][3]
Available Units for Sale
Current available units at The Peak@balmeg include 3-bedroom condos around 1,711 sqft listed at S$3.3 million, with overall sales ranging S$2.1M to S$5.29M (S$1,723–S$2,279 psf).[2][7] Popular 3-bedroom types (1,500–2,000 sqft) dominate, alongside 2-bedroom (900–1,300 sqft), 4-bedroom (1,700–2,000 sqft), and spacious 5-bedroom penthouses up to 3,068 sqft.[1][2]
Browse all verified units for sale at The Peak@balmeg on Homejourney: View Sale Listings. Homejourney's Property Search ensures safe, accurate D05 property matches.
| Unit Type | Size (sqft) | Price Range | PSF Range |
|---|---|---|---|
| 2-Bedroom | 900–1,300 | S$1.6M–S$2.5M | S$1,723–S$2,000 |
| 3-Bedroom | 1,500–2,000 | S$2.6M–S$3.8M | S$1,800–S$2,279 |
| 4-Bedroom | 1,700–2,000 | S$3.5M–S$4.4M | S$1,900–S$2,200 |
| 5-Bedroom Penthouse | 2,500–3,068 | S$4.5M–S$5.29M | S$2,000–S$2,279 |
Prices as of 2026; verify latest on Homejourney. Limited freehold stock creates urgency for buyers.[1][2]
Why Buy at The Peak@balmeg
Opt for The Peak@balmeg for sale for freehold ownership in a low-density enclave with sea views and facilities unmatched in D05: swimming pool, spa, tennis court, gym, jacuzzi, and 24-hour security.[1][2] Families appreciate the playground, BBQ pits, and pond; professionals value the serene escape near business hubs.
Insider tip: Higher floors (blocks 9, 11, 15) offer unobstructed West Coast panoramas—perfect for sunset lovers, a local Pasir Panjang perk.[3] Homejourney prioritizes such verified insights for trusted decisions.
- Lifestyle: Relax in spa pool post-MRT commute; BBQ with neighbours in lush gardens.
- Privacy: 180 units across 7 blocks ensure quiet living amid landed homes.[1]
- Durability: 15-year-old freeholds show strong appreciation potential.[2]
Price Analysis for Buyers
In 2026, The Peak@balmeg for sale prices hold at S$1,723–S$2,279 psf, up from historical S$1,574 lows, reflecting freehold premium amid D05 demand.[1][2] Recent 3-bed sale at S$3.3M (low floor, 1,711 sqft) signals value vs. newer Pasir Panjang launches exceeding S$2,500 psf.[7]
Compared to nearby freeholds, it offers 10-15% better value; e.g., similar Queenstown condos average S$2,000+ psf.[2] Appreciation: 5-7% annually since 2020, per URA trends for mature estates. See detailed price trends on Homejourney.
| Metric | The Peak@balmeg | D05 Average |
|---|---|---|
| PSF (2026) | S$1,723–2,279 | S$1,900–2,500 |
| 3-Bed Price | S$2.6M–3.8M | S$2.8M–4M |
| YoY Growth | 5-7% | 4-6% |
Disclaimer: Prices fluctuate; consult Homejourney for real-time data. Strong rental demand supports entry now.[1][2]
Location Advantages in Pasir Panjang & Clementi
Haw Par Villa MRT (Circle Line) is a 2-5 minute walk (288m), reaching CBD in 15-20 mins or Orchard in 20 mins via AYE/West Coast Highway.[1][2][5] Pasir Panjang's vibe suits expats and families with boutique eateries like Ju Shin Jung and West End nearby.
Schools (walking/driving): Tanglin Trust (intl, 2km), Fairfield Methodist (primary, 1.5km), NUS (5 mins drive).[1] Amenities: HortPark, Kent Ridge Park for jogs; NUH for healthcare. D05 properties shine with future West Coast MRT boosting connectivity.
- MRT: Haw Par Villa (Exit A, 2-min walk)
- Shops: Prime Mart (supermarket, 1km)
- Parks: Kent Ridge (greenery, 10-min walk)
- Drive to CBD: 15 mins via AYE
Explore via Homejourney's Projects Directory for comparable Clementi gems.
Financing Guide for Buyers
For a S$3M 3-bed unit, expect 25% downpayment (S$750K, CPF/eligible), with loans up to 75% LTV for first-time buyers (ABSD 0%). Monthly: ~S$10K-12K at 3-4% rates (30yrs).Bank Rates
ABSD: 0% Singaporean first buy; 17% second; 60% foreigners. CPF covers up to MSS limit. Use Homejourney's tool: Calculate Affordability. Post-purchase, maintain with Aircon Services .
| Unit Price | Downpayment (25%) | Monthly (3.5%, 30yr) |
|---|---|---|
| S$2.5M | S$625K | S$8,900 |
| S$3.3M | S$825K | S$11,800 |
| S$4.5M | S$1.125M | S$16,000 |
Buying Process Step-by-Step
- Search & Shortlist: Use Homejourney Property Search for verified available units.
- View & Offer: Schedule via Contact an Agent; negotiate based on URA caveats.
- Exercise Option: Pay 1% option fee; 4% buyer's stamp within 14 days.
- Finance & Legal: Secure loan, conveyancing lawyer checks title (freehold clean).
- Complete: 8-12 weeks; pay balance, collect keys. Homejourney guides safely.
Documents: NRIC, income proof, CPF statements. Seek agents via Homejourney for trust.
Investment Potential
Property investment at The Peak@balmeg yields 3-4% rentals (S$4.9K–12.5K/month), high tenant demand from expats near NUS/NUH.[2] Capital growth: 20%+ since 2020, fueled by Circle Line and West Coast redevelopment.
Outlook: Strong for buy condo investors; low supply freeholds + proximity to future West Coast Station. Compare to Creston Residences Investment Returns: Rental Yield Analysis | Homejourney for D05 insights.
- Rental PSF: S$6–8
- Yield: 3.2–4%
- Appreciation: 5%/yr projected
- Tenant Profile: Expats, professionals
FAQ: The Peak@balmeg For Sale
What is the price of The Peak@balmeg for sale units?
From S$2.1M–S$5.29M (S$1,723–S$2,279 psf); 3-beds ~S$3M. Check Homejourney for latest.[2][7]
Is The Peak@balmeg freehold?
Yes, rare freehold tenure in D05, completed 2011.[1]
How far is MRT from Balmeg Hill?
Haw Par Villa MRT: 2-5 min walk (288m).[2][5]
What schools are near The Peak@balmeg?
Tanglin Trust, Fairfield Methodist (1-2km); NUS nearby.[1]
ABSD for buying as foreigner?
60% on freehold condos; use Homejourney calculator.Bank Rates
Are there penthouses available?
Yes, 5-bed attic units up to 3,068 sqft in select blocks.[2]
Maintenance fees?
~S$1,386/quarter + sinking fund; low for facilities.[4]
Homejourney verifies all info for your safety. Start your search today—trusted, transparent property journeys begin here.