Blk 23 Balam Rd
Project page · 99-year lease from 1967
Based on 3 sales in this block, last 12 months. Search did not need to widen. See the comparable sales.
No storey entered, so sales were not adjusted for height
Comparable sales
Each price per area is scaled to Q2 2026 by the published index for the quarter it sold in.
| Sold | Where | Floor | Size | Price | Per sqm | Index × | Adjusted |
|---|---|---|---|---|---|---|---|
| Sept 2026 | Blk 23 | 01 TO 03 | 60 sqm | S$313,000 | S$5,217 psm | ×1.000 | S$5,217 psm |
| Mar 2026 | Blk 23 | 01 TO 03 | 60 sqm | S$325,000 | S$5,390 psm | ×0.997 | S$5,374 psm |
| Jan 2026 | Blk 23 | 07 TO 09 | 60 sqm | S$302,000 | S$5,008 psm | ×0.997 | S$4,994 psm |
How accurate is this estimate for Balam Rd?
We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 38 sales in Balam Rd since.
- Median error
- 6.9%
Half the estimates came closer than this to what the home actually fetched, half missed by more.
What the rent says
What this flat earns against what it costs, set beside what homes like it earn.
10.68% gross yield
S$33,600 of rent a year against the estimate above · 2.64 points above flats like it
Homes like this rent for about S$2,800 a month, the middle of 42 approvals in the last year.
Across Singapore these flats yield 8.04%, from 594 blocks. Too few blocks share this flat's remaining lease to measure that separately, so this figure covers every lease length.
A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.
Recent rental approvals used
| Approved | Block | Flat | Rent a month |
|---|---|---|---|
| Sept 2026 | 23 | 3 ROOM | S$3,200 |
| Sept 2026 | 22 | 3 ROOM | S$3,000 |
| Sept 2026 | 21 | 3 ROOM | S$2,800 |
| Sept 2026 | 19 | 3 ROOM | S$2,800 |
| Aug 2026 | 19 | 3 ROOM | S$3,000 |
| Aug 2026 | 31 | 3 ROOM | S$2,900 |
| Aug 2026 | 24 | 3 ROOM | S$2,500 |
| Aug 2026 | 21 | 3 ROOM | S$2,000 |
median of 42 HDB rental approvals for 3 ROOM on Balam Rd since 2025-10.
Buying or selling at S$314,565?
Buying: Stamp duty on S$314,565 · Cash and CPF needed on S$314,565 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.
Selling: Net proceeds from selling on S$314,565.
Each opens with this figure filled in; change anything there.
Primary schools near 23 Balam Rd
Measured from each school's land to this address's own point, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km or 2 km check OneMap's School Query.
Within about 1 km
- Canossa Catholic Primary School · 640 m · no 2025 Phase 2C ballot
1 to 2 km
- Cedar Primary School · 1,264 m · no 2025 Phase 2C ballot
- Geylang Methodist School (Primary) · 1,413 m · no 2025 Phase 2C ballot
- Maris Stella High School (boys) · 1,450 m · balloted in 2025 Phase 2C (citizens within 1 km)
- Maha Bodhi School · 1,585 m · balloted in 2025 Phase 2C (citizens within 1 km)
- Paya Lebar Methodist Girls' School (Primary) (girls) · 1,979 m · balloted in 2025 Phase 2C (citizens 1-2 km away) · near the line — check on OneMap
Past transactions
| Date | Detail | Area | Price | Per area |
|---|---|---|---|---|
| Sept 2026 | Blk 23 · 3 ROOM · 01 TO 03 · Standard · 39 years left | 60 sqm | S$313,000 | S$5,217 psm |
| Mar 2026 | Blk 23 · 3 ROOM · 01 TO 03 · Standard · 40 years left | 60 sqm | S$325,000 | S$5,390 psm |
| Jan 2026 | Blk 23 · 3 ROOM · 07 TO 09 · Standard · 40 years left | 60 sqm | S$302,000 | S$5,008 psm |
| Sept 2025 | Blk 23 · 3 ROOM · 01 TO 03 · Standard · 40 years left | 60 sqm | S$290,000 | S$4,809 psm |
| Aug 2025 | Blk 23 · 3 ROOM · 07 TO 09 · Standard · 40 years left | 60 sqm | S$323,800 | S$5,370 psm |
| Apr 2025 | Blk 23 · 3 ROOM · 04 TO 06 · Standard · 41 years left | 60 sqm | S$322,000 | S$5,340 psm |
| Mar 2025 | Blk 23 · 3 ROOM · 07 TO 09 · Standard · 41 years left | 60 sqm | S$335,000 | S$5,556 psm |
| Jan 2025 | Blk 23 · 3 ROOM · 07 TO 09 · Standard · 41 years left | 60 sqm | S$345,000 | S$5,721 psm |
| Jan 2025 | Blk 23 · 3 ROOM · 07 TO 09 · Standard · 41 years left | 60 sqm | S$353,088 | S$5,856 psm |
| Jan 2025 | Blk 23 · 3 ROOM · 04 TO 06 · Standard · 41 years left | 60 sqm | S$330,000 | S$5,473 psm |
| Jan 2025 | Blk 23 · 3 ROOM · 04 TO 06 · Standard · 41 years left | 60 sqm | S$305,000 | S$5,058 psm |
| Apr 2024 | Blk 23 · 3 ROOM · 07 TO 09 · Standard · 42 years left | 60 sqm | S$310,000 | S$5,141 psm |
| Dec 2023 | Blk 23 · 3 ROOM · 04 TO 06 · Standard · 42 years left | 60 sqm | S$300,000 | S$4,975 psm |
| Aug 2023 | Blk 23 · 3 ROOM · 04 TO 06 · Standard · 43 years left | 60 sqm | S$300,000 | S$4,975 psm |
| Jul 2023 | Blk 23 · 3 ROOM · 07 TO 09 · Standard · 43 years left | 60 sqm | S$310,000 | S$5,141 psm |
| Nov 2022 | Blk 23 · 3 ROOM · 07 TO 09 · Standard · 43 years left | 60 sqm | S$288,000 | S$4,776 psm |
| Sept 2022 | Blk 23 · 3 ROOM · 01 TO 03 · Standard · 43 years left | 60 sqm | S$263,000 | S$4,362 psm |
| Feb 2022 | Blk 23 · 3 ROOM · 07 TO 09 · Standard · 44 years left | 60 sqm | S$275,000 | S$4,561 psm |
| Oct 2021 | Blk 23 · 3 ROOM · 07 TO 09 · Standard · 44 years left | 60 sqm | S$285,000 | S$4,726 psm |
Showing 19 of 88.
Sale prices as filed in caveats.
| Period | Detail | Monthly rent | Per area |
|---|---|---|---|
| Sept 2026 | Blk 23 · 3 ROOM | S$3,200 | — |
| May 2026 | Blk 23 · 3 ROOM | S$3,000 | — |
| May 2026 | Blk 23 · 3 ROOM | S$3,000 | — |
| Apr 2025 | Blk 23 · 3 ROOM | S$1,700 | — |
| Jan 2025 | Blk 23 · 3 ROOM | S$2,480 | — |
| Jan 2025 | Blk 23 · 3 ROOM | S$1,750 | — |
| Nov 2024 | Blk 23 · 3 ROOM | S$2,000 | — |
| Oct 2024 | Blk 23 · 3 ROOM | S$2,500 | — |
| Sept 2024 | Blk 23 · 3 ROOM | S$2,800 | — |
| Aug 2024 | Blk 23 · 3 ROOM | S$1,800 | — |
| Jul 2024 | Blk 23 · 3 ROOM | S$2,200 | — |
| May 2024 | Blk 23 · 3 ROOM | S$3,000 | — |
| May 2024 | Blk 23 · 3 ROOM | S$1,000 | — |
| Apr 2024 | Blk 23 · 3 ROOM | S$3,000 | — |
| Jan 2024 | Blk 23 · 3 ROOM | S$2,800 | — |
| Jan 2024 | Blk 23 · 3 ROOM | S$1,700 | — |
| Aug 2023 | Blk 23 · 3 ROOM | S$2,200 | — |
| Jun 2023 | Blk 23 · 3 ROOM | S$2,700 | — |
| May 2023 | Blk 23 · 3 ROOM | S$3,100 | — |
| Feb 2023 | Blk 23 · 3 ROOM | S$2,300 | — |
| Feb 2023 | Blk 23 · 3 ROOM | S$1,750 | — |
| Jan 2023 | Blk 23 · 3 ROOM | S$1,800 | — |
| Aug 2022 | Blk 23 · 3 ROOM | S$1,800 | — |
| Apr 2022 | Blk 23 · 3 ROOM | S$2,500 | — |
| Apr 2022 | Blk 23 · 3 ROOM | S$1,600 | — |
| Feb 2022 | Blk 23 · 3 ROOM | S$1,750 | — |
| Feb 2022 | Blk 23 · 3 ROOM | S$1,700 | — |
| Jan 2022 | Blk 23 · 3 ROOM | S$1,650 | — |
| May 2021 | Blk 23 · 3 ROOM | S$1,800 | — |
| Apr 2021 | Blk 23 · 3 ROOM | S$1,800 | — |
| Apr 2021 | Blk 23 · 3 ROOM | S$1,600 | — |
| Feb 2021 | Blk 23 · 3 ROOM | S$1,800 | — |
| Feb 2021 | Blk 23 · 3 ROOM | S$1,700 | — |
Rents as approved by HDB, or as filed with URA for private homes, where the floor area is given as a band.
Indicative estimate from comparable caveats. Not a formal valuation.