Type

Units

Min Area

Price Range

3 BR

1410 sqft

S$8,700/mo

Property Highlights

Condo development with 1 unit currently available.
Prices currently start from S$8,700.
Located 13 min (1.1 km) from DT10 Stevens MRT Station.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

One Balmoral: Luxury Living in Tanglin's Sought-After Precinct

One Balmoral stands as a distinguished residential address on Balmoral Road, strategically positioned within one of Singapore's most coveted neighbourhoods. The development represents a compelling opportunity for discerning buyers seeking premium accommodation in a location that seamlessly blends urban convenience with residential tranquillity. Situated just 1.1 kilometres from DT10 Stevens MRT Station—roughly a 13-minute walk—the project enjoys excellent connectivity to the wider island whilst maintaining the peaceful character that defines the Tanglin area.

The Balmoral Road precinct has long commanded attention from high-net-worth individuals, successful entrepreneurs, and established families who prioritise both lifestyle quality and property value retention. This neighbourhood's enduring appeal stems from its proximity to world-class amenities, prestigious educational institutions, and the verdant expanse of the Singapore Botanic Gardens. The microclimate of relative exclusivity, combined with consistent demand from both local and international buyers, has historically insulated property values in this district from broader market volatility.

Location Advantages and Connectivity

The proximity to Stevens MRT Station provides occupants with straightforward access to the Downtown Line, facilitating rapid transit to the central business district, Sentosa, and the eastern portions of the island. For those commuting to Raffles Place, Marina Bay, or Shenton Way, the station connection significantly reduces journey times compared to private vehicle dependence. Beyond public transport, Balmoral Road's position affords easy access to Tanglin Shopping Centre, Orchard Road's retail and dining establishments, and the leisure offerings of the Botanic Gardens—all within a five to ten-minute journey by private vehicle or ride-hailing services.

The location's accessibility extends to educational facilities of international renown, including Anglo-Chinese School, Raffles Girls' School, and several international baccalaureate programmes. Families with school-age children frequently cite these proximity advantages as material factors in their residential decision-making. The established nature of the surrounding infrastructure—utilities, medical facilities, and professional services—further reinforces the area's desirability for long-term occupation.

Development Character and Market Position

One Balmoral situates itself within a well-established residential cluster characterised by low-density living, mature landscaping, and an absence of high-rise commercial intrusion. This composition has proven instrumental in sustaining price resilience across property cycles, as the fundamental appeal of the neighbourhood remains largely unchanged by broader urban development trends. The condominium market in this vicinity traditionally attracts buyers with disposable capital seeking stable, quality housing rather than speculative investment vehicles—a demographic that tends to support steady rather than volatile price movements.

The development's floorplates, ranging upwards from approximately 1,410 square feet, accommodate both compact executive units and expansive family homes. This variety in unit configuration allows the project to appeal to multiple buyer segments simultaneously: young professionals seeking a well-located urban pied-à-terre, upgraders transitioning from HDB or smaller private properties, and established households requiring comprehensive residential space. The diversity of offerings within a single development typically supports healthier liquidity and faster turnover in the resale market compared to buildings with uniform unit types.

Investment Considerations for the Tanglin District

Prospective purchasers approaching One Balmoral as an investment asset should carefully evaluate the district's rental dynamics and capital appreciation trajectory. The Balmoral Road area has historically attracted tenants seeking quality accommodation in proximity to the Orchard corridor and the Central Region—a demographic that supports rental rates substantially above the island-wide condominium average. However, rental yields in this prestige district remain more modest than those observed in emerging growth areas; investors should factor in a yield profile commensurate with location premium and capital stability rather than aggressive income generation.

For Singapore Citizens contemplating a second residential property purchase, the Additional Buyer's Stamp Duty of 20% applies to the purchase price, materially increasing the acquisition cost and affecting overall investment returns. This duty structure incentivises owner-occupancy over pure investment strategy and warrants careful financial modelling before commitment. When combined with stamp duty, legal fees, and agent commissions, total acquisition costs typically range from 8 to 10 percent of the purchase price—a substantial quantum that should influence pricing expectations and negotiating positioning.

Lease Duration and Resale Dynamics

Should the development operate on a leasehold tenure (the standard structure for Singapore private residential properties on non-freehold land), prospective buyers must acknowledge the gradual diminution of property value as the lease term contracts. A 99-year lease commencing from the development's completion date means that occupants acquiring units in later years inherit progressively shorter lease tenures. Institutional lenders and refinancing banks increasingly scrutinise remaining lease terms, with many imposing lending caps or refusing to lend once lease duration falls below 70 years. This phenomenon—known as lease decay—can materially constrain resale appeal and financing options in later decades, making earlier-stage acquisition strategically advantageous for long-term holders.

The Tanglin district's resilience as a prestige residential location has historically mitigated lease-decay impacts more effectively than other areas, owing to sustained demand from quality-conscious buyers willing to accept lease compression in exchange for location and neighbourhood calibre. Nevertheless, purchasers should incorporate lease duration explicitly into their financial planning and exit strategy, particularly if resale flexibility within the next 15 to 20 years forms part of their medium-term objectives.

Comparative Market Positioning

The Balmoral Road precinct hosts several competing developments spanning multiple completion vintages, each presenting distinct architectural character, amenity provision, and pricing architecture. Recent transactional evidence across the neighbourhood suggests a per-square-foot price corridor broadly aligned with other prestige developments within the Tanglin conservation area, though specific stack locations, unit orientations, and amenity proximity generate meaningful variation within any single project. Purchasers should seek comparative analysis of per-square-foot pricing across recent arm's-length transactions in the immediate vicinity to establish fair-value positioning for One Balmoral's current offerings.

Suitability Across Buyer Profiles

High-net-worth individuals frequently approach One Balmoral as a primary residence, valuing the neighbourhood's exclusivity, proximity to leisure amenities, and established social ecosystem. Such buyers typically prioritise quality finishes, thoughtful design, and location premium over transaction economics, rendering price sensitivity relatively inelastic within the luxury residential segment. Upgraders transitioning from smaller units or other districts often view Balmoral Road properties as a consolidation step—a move reflecting life-stage progression, household expansion, or lifestyle aspiration. First-time private property purchasers with substantial capital reserves occasionally enter this market, though the price point and location premium typically position these units beyond entry-level accessibility for the majority of first-time buyers. Investors, particularly those with multi-asset property portfolios, may view One Balmoral as a defensive holding rather than an aggressive capital-growth vehicle, accepting modest yields in exchange for location stability and tenant quality.

Financing and Debt Servicing Framework

Prospective purchasers must undertake detailed Debt-to-Service Ratio (TDSR) calculations before commitment, ensuring that mortgage obligations remain within regulatory thresholds established by the Monetary Authority of Singapore. Current lending guidelines permit a maximum TDSR of 55 percent, meaning total monthly debt obligations (including the new mortgage) cannot exceed 55 percent of gross monthly income. At typical price points observed across the Balmoral precinct, first-time buyers require gross household income substantially in excess of S$300,000 annually to comfortably service financing whilst maintaining acceptable headroom for other liabilities and living expenses. Those purchasing a second or subsequent property face the compounding impact of the 20 percent ABSD, effectively requiring 15 to 20 percent greater liquid capital for the same acquisition price compared to first-purchase scenarios.

Market Outlook and District Trajectory

The future supply pipeline in the Tanglin and wider Central Region remains constrained by limited land availability, conservation overlays, and established neighbourhood character—factors that historically have supported price stability and capital appreciation relative to greenfield or new-release developments elsewhere on the island. Planners and policy-makers have consistently signalled commitment to preserving the residential character of this district, mitigating the risk of commercial or high-rise encroachment that might otherwise suppress residential property values. This supply inelasticity, combined with sustained demand from affluent buyer cohorts, suggests a constructive long-term outlook for properties positioned within this established enclave.

Frequently Asked Questions

What rental yield can I reasonably expect if I purchase at One Balmoral as an investment property?

Rental yields at One Balmoral typically range between 2.5 and 3.5 percent per annum, reflecting the prestige location premium and the neighbourhood's orientation towards owner-occupancy rather than speculative investment. The Tanglin and Balmoral Road precinct attracts high-quality tenants—expatriate families, senior executives, and established professionals—willing to pay premium rents for location and neighbourhood exclusivity, but rental growth has historically tracked modest single-digit annual increases rather than aggressive expansion. Prospective investors should model conservative yield assumptions and factor in the 20 percent Additional Buyer's Stamp Duty applicable to second-property purchases by Singapore Citizens, which materially compresses net-of-cost returns and extends break-even horizons for investment-grade acquisitions.

How does One Balmoral's per-square-foot pricing compare to recent transactional evidence in the surrounding Tanglin area?

Recent arm's-length transactions across the Balmoral Road and broader Tanglin neighbourhood have established a per-square-foot pricing corridor typically ranging from S$1,800 to S$2,400, depending on unit configuration, floor level, stack position, and specific amenity access. Properties closer to the Orchard Road interface or with exceptional views command the upper end of this spectrum, whilst units with standard orientations and typical amenities cluster towards the midpoint. Prospective purchasers should request detailed comparable evidence from their agent, ensuring that One Balmoral's current asking prices align with this established range and reflect fair value relative to competing developments. The prestige location premium justifies pricing substantially above island-wide condominium medians, though purchasing decisions should incorporate explicit verification of comparable market evidence.

What is the impact of the 20% Additional Buyer's Stamp Duty if I am a Singapore Citizen purchasing a second residential property?

The Additional Buyer's Stamp Duty of 20 percent applies to the purchase price of a second or subsequent residential property purchased by a Singapore Citizen, materially increasing total acquisition costs and affecting investment return modelling. For a unit priced at S$3 million, this duty alone totals S$600,000—a substantial quantum that, when combined with standard Buyer's Stamp Duty, legal fees, and agent commissions, can raise total acquisition costs to approximately S$300,000 or higher. This duty structure significantly reduces net investment returns, extends capital recovery timelines, and makes pure yield-focused investment strategies substantially less attractive compared to primary residence acquisitions. Purchasers must factor this duty into financial planning models and ensure adequate liquid capital reserves remain following all transaction costs and mortgage disbursement.

How does lease decay affect resale value and financing at One Balmoral, and what lease duration should I expect?

One Balmoral, operating on a standard leasehold tenure structure common to Singapore's private residential market, will experience gradual lease duration contraction as time progresses from the development's completion date. Early purchasers securing units at initial launch benefit from approximately 99 years of unexpired lease, whilst subsequent market purchasers inherit progressively reduced tenures. Mortgage lenders typically impose lending caps at 70-year lease thresholds, meaning units below this duration face restricted refinancing options and reduced buyer appeal. The Tanglin district's prestige positioning has historically insulated properties from acute lease-decay impacts more effectively than suburban or emerging areas, but purchasers should explicitly incorporate remaining lease duration into long-term ownership planning, particularly if resale flexibility within 15 to 25 years forms part of their financial strategy.

How does proximity to Stevens MRT Station affect demand, capital appreciation, and tenant appeal for investment purposes?

The 13-minute walking distance to DT10 Stevens MRT Station provides material connectivity advantages, reducing commute friction for owner-occupants commuting to the central business district and enhancing tenant appeal for corporate relocations and executive housing. Properties within walkable distance of mass rapid transit typically command rental premiums of 8 to 12 percent relative to comparable units requiring vehicle or ride-hailing dependence, supporting stronger investment returns and faster tenant placement. However, the Tanglin neighbourhood's prestige characteristics—established residential character, mature landscaping, conservation overlays—have historically proven more influential on price appreciation than incremental transit accessibility, suggesting that the MRT connection functions as a supporting asset rather than the primary value driver. Investors should view the Stevens MRT proximity as a defensive feature supporting stable demand and tenant quality rather than as an aggressive capital-growth catalyst.

Which buyer profile—upgrader, first-time buyer, HNW individual, or investor—finds One Balmoral most suitable?

Upgraders transitioning from smaller units or other districts represent the primary buyer cohort for One Balmoral, viewing the development as a consolidation step reflecting life-stage progression and lifestyle aspiration within an established prestige neighbourhood. High-net-worth individuals frequently approach these units as primary residences, prioritising location premium, neighbourhood exclusivity, and quality finishes over transaction economics. First-time buyers with substantial capital reserves occasionally enter this market, though the price point typically positions Balmoral Road properties beyond entry-level accessibility for the broader first-time buyer demographic. Investors view One Balmoral as a defensive, income-stable holding rather than an aggressive capital-growth vehicle, accepting modest yields in exchange for location resilience, low tenant churn, and reduced downside volatility compared to emerging-area developments.

What gross household income and liquid capital reserves should I have to comfortably finance a purchase at typical One Balmoral price points?

Typical price points across the Balmoral precinct—ranging from approximately S$2.5 to S$4.5 million for well-positioned units—require gross household income substantially in excess of S$300,000 annually to comfortably satisfy the Monetary Authority of Singapore's 55 percent Debt-to-Service Ratio ceiling while maintaining acceptable headroom for other liabilities and living expenses. Liquid capital reserves should typically encompass 15 to 20 percent of the purchase price for acquisition costs (including the 20 percent ABSD for second-property purchases by Singapore Citizens), plus a minimum 6 months of mortgage repayments and living expenses held in reserve. For a S$3 million acquisition, this translates to approximately S$600,000 to S$800,000 in liquid reserves above the down-payment quantum—a substantial capital requirement that effectively screens for investors with meaningful wealth positions.

How does One Balmoral compare to competing developments in the immediate Tanglin area in terms of pricing and positioning?

The Balmoral Road precinct hosts several established developments spanning multiple completion vintages, each presenting distinct architectural character, amenity provision, and tenant/buyer appeal. Recent transactional evidence across the neighbourhood suggests a per-square-foot pricing corridor broadly aligned across prestige properties, with differentiation emerging from specific stack locations, unit orientations, completion era, and amenity comprehensiveness rather than wholesale price clustering. Developments with recently refreshed common areas and contemporary finishes typically command marginal premiums over older stock, though this premium rarely exceeds 8 to 12 percent on a per-square-foot basis. Prospective purchasers should request detailed comparable analysis from their agent, ensuring that One Balmoral's current pricing reflects fair value relative to competing offerings with similar vintage, configuration, and amenity density.

Which unit stack or floor level typically offers the best value proposition within a prestige development like One Balmoral?

Mid-level stacks (floors 8 to 15 in typical high-rise structures) frequently represent superior value propositions within prestige developments like One Balmoral, offering meaningful light and air quality above lower floors whilst commanding pricing discounts relative to high-floor units that command prestige premiums. Units positioned away from main elevator lobbies typically incur lower traffic patterns and noise exposure, supporting enhanced residential amenity compared to lift-lobby-adjacent units that experience commuter foot traffic. Corner and wraparound configurations typically command 10 to 18 percent premiums over linear units of identical square footage, reflecting superior natural light, multiple aspect orientations, and perceived status positioning. Investors seeking yield optimisation should favour functional, centrally-stacked units with standard orientations rather than prestige corner allocations, as standard units typically attract similarly-calibre tenants at marginal rental discounts whilst commanding substantially lower purchase prices.

What future supply pipeline exists in the Tanglin and Central Region that might affect One Balmoral's long-term capital appreciation outlook?

The future supply pipeline in the Tanglin and broader Central Region remains substantially constrained by limited greenfield land availability, established conservation overlays, and policy commitment to preserving the residential character of this established precinct. Unlike greenfield areas in the eastern and northern regions where substantial new-release supply continues to enter the market, Tanglin's built-out nature and conservation classification ensure that incremental supply remains episodic rather than structural. Planners and policy-makers have consistently signalled commitment to maintaining residential density and neighbourhood character, effectively mitigating risk of commercial incursion or high-rise development that might otherwise suppress residential property values. This supply inelasticity, combined with sustained demand from affluent buyer cohorts seeking prestige location and established infrastructure, suggests a constructive long-term outlook for properties positioned within the Tanglin enclave, supporting steady rather than volatile capital appreciation trajectories.

One Balmoral — From S$8,700