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THE TIER

District 12 · PEGU ROAD

Overview

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.

Price Trends

Price Data (SGD)
Developer:Kaiwatt Development Pte Ltd

THE TIER

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Property Summary

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
Information is subject to change and should be verified independently.
Available in multiple languages

Nearby Transport

  • NOVENA MRT STATION
    Exit A0.96 km • 12 min walk
  • TOA PAYOH MRT STATION
    Exit B1.38 km • 17 min walk
  • FARRER PARK MRT STATION
    Exit B1.42 km • 17 min walk

Nearby Transport

Nearby Transport

  • NOVENA MRT STATION
    Exit A0.96 km • 12 min walk
  • TOA PAYOH MRT STATION
    Exit B1.38 km • 17 min walk
  • FARRER PARK MRT STATION
    Exit B1.42 km • 17 min walk

Nearby Schools

Nearby Schools

  • NORTHLIGHT SCHOOL
    SECONDARY0.68 km away
  • HONG WEN SCHOOL
    PRIMARY0.75 km away
  • ST. JOSEPH'S INSTITUTION JUNIOR
    PRIMARY0.83 km away
  • BENDEMEER SECONDARY SCHOOL
    SECONDARY1.12 km away
  • FARRER PARK PRIMARY SCHOOL
    PRIMARY1.18 km away

Nearby Supermarkets

Nearby Supermarkets

  • Big Harvest Supermarket
    0.17 km away•BIG HARVEST SUPERMARKET PTE. LTD.
  • FAIRPRICE
    0.78 km away•NTUC FAIRPRICE CO-OPERATIVE LTD
  • FAIRPRICE FINEST
    1.01 km away•NTUC FAIRPRICE CO-OPERATIVE LTD
  • HAO MART
    1.16 km away•HAO MART PTE. LTD.
  • Sol Mart
    1.22 km away•SOL MART PTE. LTD.

Property Analysis

THE TIER is a freehold apartment located in District 12, covering the Toa Payoh and Balestier areas. The project has a median transaction price of $828,000 with a price range between $1,479 and $1,649 per square foot.

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.

Financial Breakdown

Estimated costs based on median transaction price

Median Price
$828,000
Buyer's Stamp Duty
$19,440
Down Payment (25%)
$207,000
Est. Monthly Payment
$3,109/mo
25-year loan at 3.5%

Eligibility Check

Estimate stamp duty based on your buyer profile

ABSD Rate
0%
ABSD Amount
$0
BSD Amount
$19,440
Total Stamp Duty
$19,440
Estimated Monthly Payment
$3,109/mo

Neighbourhood Amenities

Transport

3
  • NOVENA MRT STATION
  • TOA PAYOH MRT STATION
  • FARRER PARK MRT STATION

Education

18
  • NORTHLIGHT SCHOOL
  • HONG WEN SCHOOL
  • ST. JOSEPH'S INSTITUTION JUNIOR
  • +15 more nearby

Convenience

10
  • Big Harvest Supermarket
  • FAIRPRICE
  • FAIRPRICE FINEST
  • +7 more nearby

Rental Yield

Insufficient data to calculate rental yield. Sale or rental transaction data is not yet available for this property.

Recent Transactions

(16 of 16)
DateProject NameAddressSize (sqm)PricePSFFloorTypeSegmentDistrictTenure
2025-09THE TIERPEGU ROAD50 sqm (538 sqft)$860,000$1598/sqft06-10ApartmentRCR12Freehold
2025-05THE TIERPEGU ROAD46 sqm (495 sqft)$750,000$1515/sqft11-15ApartmentRCR12Freehold
2025-02THE TIERPEGU ROAD51 sqm (549 sqft)$850,000$1548/sqft11-15ApartmentRCR12Freehold
2024-09THE TIERPEGU ROAD51 sqm (549 sqft)$812,088$1479/sqft11-15ApartmentRCR12Freehold
2023-03THE TIERPEGU ROAD46 sqm (495 sqft)$750,000$1515/sqft11-15ApartmentRCR12Freehold
2022-09THE TIERPEGU ROAD50 sqm (538 sqft)$828,000$1538/sqft01-05ApartmentRCR12Freehold
2022-06THE TIERPEGU ROAD50 sqm (538 sqft)$828,000$1538/sqft06-10ApartmentRCR12Freehold
2022-05THE TIERPEGU ROAD51 sqm (549 sqft)$905,000$1649/sqft16-20ApartmentRCR12Freehold
2022-04THE TIERPEGU ROAD50 sqm (538 sqft)$828,000$1538/sqft06-10ApartmentRCR12Freehold
2021-12THE TIERPEGU ROAD50 sqm (538 sqft)$870,000$1617/sqft06-10ApartmentRCR12Freehold
2021-12THE TIERPEGU ROAD60 sqm (646 sqft)$939,900$1455/sqft01-05ApartmentRCR12Freehold
2021-09THE TIERPEGU ROAD50 sqm (538 sqft)$820,000$1524/sqft06-10ApartmentRCR12Freehold
2021-09THE TIERPEGU ROAD51 sqm (549 sqft)$813,800$1482/sqft11-15ApartmentRCR12Freehold
2021-06THE TIERPEGU ROAD50 sqm (538 sqft)$815,000$1514/sqft06-10ApartmentRCR12Freehold
2021-04THE TIERPEGU ROAD46 sqm (495 sqft)$705,000$1424/sqft06-10ApartmentRCR12Freehold
2021-03THE TIERPEGU ROAD50 sqm (538 sqft)$820,000$1524/sqft06-10ApartmentRCR12Freehold

Market Statistics

Frequently Asked Questions

What is the tenure and location of THE TIER?

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.

What is the median price per square foot for units at THE TIER?

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.

What are the recent transaction prices for a typical unit?

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.

How many transactions have been recorded for this project?

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.

What unit sizes are available based on recent sales data?

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.

Have property prices at THE TIER increased recently?

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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Slight uptrend+8.0% over period
2 years change:+8.0% ($1479 → $1598)
Median PSF:$1548/sqft