District 12 · PEGU ROAD
THE TIER is a freehold condominium in District 12, Singapore, completed in 2013 with 48 units. The average transacted price is $1,529/sqft based on 16 recorded transactions. Nearby MRT: NOVENA MRT STATION, TOA PAYOH MRT STATION, FARRER PARK MRT STATION.
AI-generated analysis based on available market data. Last updated 28 March 2026. This content is for informational purposes only and should not be considered financial advice.
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| Date | Project Name | Address | Size (sqm) | Price | PSF | Floor | Type | Segment | District | Tenure |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025-09 | THE TIER | PEGU ROAD | 50 sqm (538 sqft) | $860,000 | $1598/sqft | 06-10 | Apartment | RCR | 12 | Freehold |
| 2025-05 | THE TIER | PEGU ROAD | 46 sqm (495 sqft) | $750,000 | $1515/sqft | 11-15 | Apartment | RCR | 12 | Freehold |
| 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 | 50 sqm (538 sqft) | $820,000 | $1524/sqft | 06-10 | Apartment | RCR | 12 | Freehold |
| 2021-09 | THE TIER | PEGU ROAD | 51 sqm (549 sqft) | $813,800 | $1482/sqft | 11-15 | Apartment | RCR | 12 | Freehold |
| 2021-06 | 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 |
THE TIER is a freehold apartment situated in District 12, which encompasses the Balestier and Toa Payoh planning areas. This tenure allows for indefinite ownership unlike 99-year leasehold properties in the same district.
The median price per square foot is $1,523.611. Recent transactions have seen prices fluctuate between a low of $1,479 psf and a high of $1,649 psf.
In 2025, transaction prices included $750,000 for a 495 sqft unit in May and $860,000 for a 538 sqft unit in September. A 549 sqft unit was also sold for $850,000 in February 2025.
There have been a total of 16 transactions recorded for THE TIER. Five of these transactions occurred between March 2023 and September 2025, with prices ranging from $750,000 to $860,000.
Recent sales data identifies unit sizes of 495 sqft, 538 sqft, and 549 sqft. These units were transacted at prices between $750,000 and $860,000 over the last two years.
A 549 sqft unit transacted at $1,479 psf in September 2024, whereas a unit of the same size transacted at $1,548 psf in February 2025. This indicates an upward movement of approximately 4.6% for that specific unit size within five months.
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