Projects

THE TIER

D12 / Balestier, Toa Payoh, Serangoon

Address 28 PEGU ROAD THE TIER SINGAPORE 328373
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Apartment, Non-Landed Properties 139 transactions Freehold Updated Feb 2026
Property image pending
Typical rent $2,950 125 rental contracts
Typical sale price $828,000 14 sale transactions
Typical sale PSF $1,531 psf Average $1,536 psf
Estimated gross yield 4.3% Median annual rent / median sale
Project read

Quick summary about THE TIER

The Tier is a freehold apartment, non-landed properties in D12 / Balestier, Toa Payoh, Serangoon. The Tier currently has 125 rental contracts and 14 sale transactions, covering May 2021 to Feb 2026.

Project facts

Project-level details from URA records and local enrichment.

Tenure Freehold
Property type Apartment, Non-Landed Properties
Sale records 14 resale transactions
Total sold value $11.7M

Data coverage

URA records on this page start May 2021 and run through Feb 2026.

Rental contracts 125 Jun 2021 to Feb 2026
Sale transactions 14 May 2021 to Aug 2025
Rent trend 1.7% Last 3 months
Sale PSF trend 2.2% Last 3 months

Location

Nearest transport, schools and daily conveniences around the project.

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Project MRT School Amenities

Nearby

Approximate distance from the project. Walking, driving and transit routes may differ.

Closest MRT

NOVENA MRT STATION (NS20) 0.85 km away
TOA PAYOH MRT STATION (NS19) 1.14 km away
FARRER PARK MRT STATION 1.17 km away

Schools nearby

BENDEMEER SECONDARY SCHOOL 1.12 km away
FARRER PARK PRIMARY SCHOOL 1.18 km away
BENDEMEER PRIMARY SCHOOL 1.6 km away
SHG STUDENT CARE (BENDEMEER PRIMARY SCHOOL) 1.6 km away

Amenities

BENDEMEER SHOPPING MALL Mall / retail · 1.39 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 2.69 km away
WHAMPOA PARK CONNECTOR Park / green link · 0.48 km away
HAWKER CENTRE (BLK 75 TOA PAYOH LORONG 5) Food centre · 1.46 km away

Similar projects nearby

Same district, ranked by similar rent, sale PSF and transaction depth.

View D12

Rent by bedrooms

Monthly rent by recorded bedroom count.

Bedrooms Median rent Average rent Transactions
1 bed $2,900 $2,765 85
2 bed $3,000 $2,994 40

Rent by floor area

Monthly rent by recorded URA floor area band.

Area band Median rent Average rent Transactions
400 to 500 sqft $2,800 $2,639 50
500 to 600 sqft $3,000 $2,942 73
600 to 700 sqft $4,000 $4,000 2

Sale price by floor

Median sale price and PSF by recorded floor band.

Floor band Median sale Median PSF Transactions
01 to 05 $883,950 $1,497 psf 2
06 to 10 $828,000 $1,538 psf 6
11 to 15 $812,088 $1,515 psf 5
16 to 20 $905,000 $1,649 psf 1

Latest transactions

Most recent URA rental contracts and sale transactions for this project.

Rentals

$3,200 2 bed · 500 to 600 sqft · Feb 2026
$3,550 1 bed · 500 to 600 sqft · Feb 2026
$2,800 1 bed · 400 to 500 sqft · Feb 2026
$2,900 1 bed · 400 to 500 sqft · Jan 2026
$3,100 1 bed · 400 to 500 sqft · Dec 2025
$3,000 1 bed · 500 to 600 sqft · Dec 2025
$2,888 1 bed · 400 to 500 sqft · Dec 2025
$3,450 2 bed · 500 to 600 sqft · Dec 2025

Sales

$860,000 538 sqft · $1,598 psf · 06 to 10 · Aug 2025
$750,000 495 sqft · $1,515 psf · 11 to 15 · Apr 2025
$850,000 549 sqft · $1,548 psf · 11 to 15 · Jan 2025
$812,088 549 sqft · $1,479 psf · 11 to 15 · Aug 2024
$750,000 495 sqft · $1,515 psf · 11 to 15 · Feb 2023
$828,000 538 sqft · $1,538 psf · 01 to 05 · Aug 2022
$828,000 538 sqft · $1,538 psf · 06 to 10 · May 2022
$905,000 549 sqft · $1,649 psf · 16 to 20 · Apr 2022

How to use this data

Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.

Rent signal Strong Good project-level rent anchor
Sale signal Moderate Useful, compare nearby projects
Rent negotiation

If you are renting

THE TIER shows a typical monthly rent of $2,950 across 125 rental contracts. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.

Median rent $2,950
Rental contracts 125
Rent signal Strong
  • If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
  • If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check

If you are buying

Recent sales at THE TIER point to a typical sale price of $828,000 and $1,531 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.

Median sale $828,000
Median PSF $1,531 psf
Sale signal Moderate
  • Compare the unit against the sale by floor table before deciding whether a premium makes sense.
  • Freehold should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position

If you are selling

For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. THE TIER has 14 sale transactions in this dataset, so pricing should be checked against actual recent contracts before listing.

Sale signal Moderate
Total sold value $11.7M
Latest update Feb 2026
  • Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
  • If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.

District context

Use D12 to compare THE TIER against the wider area.

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About this data

How to read the rental and sale figures on this page.

Rental figures come from recorded URA private residential rental contracts. Rent is shown as monthly rent.

Sale figures come from recorded private residential sale transactions. PSF and total selling value are shown where sale records include the needed fields.

Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.

Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.

THE TIER FAQ

Quick answers for renters, buyers and owners comparing this project.

What is the typical rent at THE TIER?

Based on the URA rental records currently loaded for THE TIER, the median monthly rent is $2,950 across 125 rental contracts.

What is the typical sale price at THE TIER?

The median sale price for THE TIER is $828,000, based on 14 URA sale transactions in the local dataset.

What is the median sale PSF at THE TIER?

The median sale price per square foot for THE TIER is $1,531 psf. The average sale PSF is $1,536 psf.

Is THE TIER freehold or leasehold?

THE TIER is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.

Where is THE TIER located?

THE TIER is located at 28 PEGU ROAD THE TIER SINGAPORE 328373 in D12 / Balestier, Toa Payoh, Serangoon.

How current is the THE TIER transaction data?

The URA records on this page start from May 2021 and run through Feb 2026. The page is rebuilt after local data refresh runs.