
Part of The Peak@balmeg project analysis
Homejourney Editorial
The Peak@balmeg, a freehold condominium on Balmeg Hill in District 05 (Pasir Panjang, Clementi), shows steady price appreciation with recent transactions at S$4,000–S$5,000 psf for smaller units and average sales around S$1,700–S$2,200 psf based on 2024–2026 data. In 2026, expect 3–4% growth in the Rest of Central Region (RCR), positioning this development as a strong buy for upgraders and investors seeking value in a mature freehold estate.[1][2][3]
The Peak@balmeg is a boutique freehold condominium developed by Maxgrowth Pte Ltd, completed in 2011 with 180 units across 5 floors. Units range from 2-bedroom (900–1,300 sqft) to 5-bedroom (2,600–2,700 sqft) layouts, offering ultra-luxurious designs tailored for family living. Buyers appreciate its low-density setup, spacious facilities, and prime positioning in D05, where freehold properties like this trade at leasehold prices—often S$2,000+ psf for premium units.[3][7]
Homejourney verifies all listings to ensure transparency, helping you make safe, confident decisions. This development's reputation for quality construction and enduring appeal makes it ideal for long-term ownership.
Current listings on Homejourney show units from S$1.98M to S$5.29M, with PSF ranging S$1,723–S$2,279. Popular 3-bedroom units (1,500–1,600 sqft) list around S$6,000–S$6,600 monthly rental equivalent, but sales hit S$6.4M recently at S$4.00–S$4.27 psf. 2-bedroom units (900–1,300 sqft) start from S$4.5M at S$4.50–S$5.00 psf, while larger 4–5 bedroom options reach S$11M.[2][5]
View all units for sale at The Peak@balmeg on Homejourney today—limited availability in this sought-after freehold gem.
Recent URA-aligned transactions reveal upward momentum: May 2024 saw a 3BR at S$6.4M (S$4.00–S$4.27 psf), up from S$6.0M (S$3.75 psf) in Nov 2023. Average PSF over the last 12 months: S$1,716–S$1,762, with peaks at S$1,881–S$1,984 psf. In 2026, RCR forecasts predict 3–3.5% growth, outpacing CCR's 1.8–2%, driven by family demand and supply constraints.[1][2][4]
Compared to nearby D05 condos, The Peak@balmeg offers better value—freehold tenure at prices rivaling leaseholds. Historical data shows steady appreciation from S$3.46 psf (Jun 2023) to S$4.50+ psf (2024), with 19 sales in the last 3 years signaling liquidity.[2][6]
For detailed trends, see Homejourney's project analysis.
This development excels with low-density living, private lifts, and resort-style facilities including a 50m lap pool, gym, and BBQ pavilions. Families love the spacious layouts and quiet Balmeg Hill ambiance, just minutes from urban perks. Investment-wise, freehold status ensures wealth preservation amid 2026's modest growth.[1][3]
Insider tip: Higher floors offer unbeatable Pasir Panjang views—prioritize units above level 3 for privacy.
Situated at 9–15 Balmeg Hill, it's a 10-min walk (800m) to Pasir Panjang MRT (CC26) and 15-min to Clementi MRT (EW17). Top schools include Gan Eng Seng Primary (1.2km), Clementi Primary (1.5km), and international options like United World College (2km). Shop at Viva Vista Mall (500m) or Haw Par Villa (800m) for leisure.[8]
D05's growth, boosted by Greater Southern Waterfront plans, enhances long-term value. Parks like West Coast Park are 2km away for family outings.
For a S$3M 3BR unit at 75% LTV, expect 25% downpayment (S$750K, using CPF up to available balance). Monthly payments: ~S$10K–S$12K at 3% interest over 25 years (Singaporean first-timer). ABSD: 0% for first property, 17% for second (citizens); expats face 30%—consult CEA agents.
Link to 2026 private home prices forecast for broader context.
1. Search verified listings on Homejourney. 2. Schedule viewing via Homejourney agents. 3. Submit Option to Purchase (S$1K–S$10K). 4. Exercise OTP within 14–21 days with lawyer. 5. Complete in 8–12 weeks. Required: NRIC, income proof, CPF statements. Homejourney ensures agent verification for safety.The Peak@balmeg For Sale: D05 Units & Guide | Homejourney
Rental yields: 2.5–3.5% (S$6K–S$11K for 3–5BR), with strong expat/ family tenant demand near MRT. Capital growth: 3–4% in 2026, supported by suburban outperformance and limited freehold supply. Future upside from Pasir Panjang revitalization.[1][5]
Compare with projects directory for peers. Post-purchase, explore aircon services for maintenance.
What is the current PSF for The Peak@balmeg units for sale?
Average S$1,700–S$2,200 psf, with recent peaks at S$4–S$5 psf for smaller units. Prices range S$1.98M–S$5.29M.[2][5]
Is The Peak@balmeg a good investment in D05?
Yes, freehold tenure and 3–4% projected growth make it solid for appreciation and yields of 2.5–3.5%.[1]
How walkable is The Peak@balmeg to MRT?
10 mins to Pasir Panjang MRT; schools and malls within 1–2km.
What ABSD applies for buying here?
0% first-timer citizens; check Homejourney tools for your profile.
Where to find available units?
Browse on Homejourney for verified listings.
Ready to explore The Peak@balmeg for sale? View listings, calculate affordability at bank-rates, or contact an agent. Homejourney prioritizes your safety with verified data and trusted agents—start your property journey securely today.
View price trends, transaction history, and nearby amenities for The Peak@balmeg.