The Tier - 2 Units for Sale
The Tier is a freehold condominium Apartment project located at 28 Pegu Road, 328373, Balestier / Geylang in District 12 near the Toa Payoh and Novena MRT stations. The project was completed in the year 2013. The Tier spans an impressive 18 stories accommodating 48 units. Several facilities are available close-by The Tier including schools, supermarkets, and hospitals. The Tier is developed by Kaiwatt Development Pte Ltd which is a recognized building company. The company was incorporated on 30 May in the year 2006. The company has its primary activities in the real estate developing field, however, it also has its secondary activities in construction and building. This company is also registered with Accounting and Corporate Regulatory Authority (ACRA). It is located in the Central Region in Singapore. Kaiwatt Development Pte Ltd is responsible for establishing countless number of apartments, condominiums, commercial and housing projects within Singapore. The Tier is a freehold apartment building which offers many services to the occupants. There is a swimming pool for the residents so they can have a relaxing time after hectic day routines. Bbq pit is there so you can enjoy winter nights having bbq together with family and friends. Fitness freaks can have the facility of gym as well as there is a roof garden also which makes the building a full fledge package and Safe and secure environment is provided at The Tier. The project offers affordable residential opportunity and economical investment. Many MRT stations are located at the walking distance from The Tier. NS20 Novena MRT Station is the nearest at a distance of 0.89 km (11 minutes of walk). Then, NS19 Toa Payoh MRT Station which is situated at 1.13 km away (14 minutes of walk). Eventually, NE8 Farrer Park MRT Station is situated at a distance of 1.24 km (15 minutes of walk). Many of the bus feeders are also available nearby The Tier. Hence, public transport is easily available at walking distance. Moreover, Vehicle owners can drive from The Tier to the Central Business district and the vibrant Orchard Road shopping district which takes around 15 - 20 minutes with fast access through Thompson Road and Balestier Road. The site of The Tier is within the close proximity of a stretch of eateries and restaurants situated along Balestier Road. It is also within the reach of the Whampoa Market & Food Centre and the 24-Hour Balestier Market & Food Centre. Residents can reach the nearby shopping malls like the Balestier Plaza, Shaw Plaza and the Novena Square Mall for their daily necessities easily.Hence, The Tier is located at a prime location within Singapore where accessibility is not an issue. LKC CSBClinical Sciences Buildingsunflower schoolNorthlight SchoolPCF Sparkletots Preschool. Jalan RajahFairPrice Shaw PlazaI-Tec Supermart Pte LtdKwong Choon Medical HallKwong Chai Medical HallSupermarket Creatives The Tier is a freehold apartment project which was constructed in 2013. The apartment building has 18 floors and 48 units available for rental and buying purposes. 5 units are available for buying purpose, 1 bed 495-549 sqft and 2 bed 646 sqft for S$780,000-850,000. 2 units are available for rent, 1 bed 400-600 sqft for S$ 4.28/sqft.Project Name: The TierType: Freehold Apartment BuildingDistrict: 12Unit: 4812 On Shan56 Kim Keat Road592F Balestier Road8 Raja
DeveloperKaiwatt Development Pte Ltd
Explore PropertyGuru
Recent search patterns suggest the development retains a visible place in area-level property browsing, drawing on 30 days of PropertyGuru search activity within the Balestier / Toa Payoh market. This project continues to feature in the consideration set for buyers looking at options in this specific locale, maintaining its presence alongside other residential developments in the vicinity.
Most-searched Units: 3-BedroomPopular preferences: Gym
Pricing by Unit Types:
- 1-Bedroom Units:
- Avg Asking Price: S$ 870K
- Avg PSF: S$ 1,758 psf (9.96% lower compared to Balestier / Toa Payoh average of S$ 1,952 psf)
- Available Units: 2
Location & Lifestyle Highlights — The Tier 1360m (16 mins) to NOVENA MRT STATION — Direct access to the North-South Line provides a straightforward commute to the Orchard Road shopping belt and the Central Business District. This freehold development offers a private and efficient living space in the heart of Balestier, perfect for those who value a home that balances modern facilities like a roof garden and gym with the charm of a traditional food haven. Residents enjoy being right next to a famous stretch of local eateries and 24-hour markets, making it a practical choice for a vibrant urban lifestyle. Nearby hotspots: MRT Stations:
- NOVENA MRT STATION (1360m, 16 mins) — Major transport node connecting residents quickly to healthcare hubs and downtown shopping.
- AFTER PEGU ROAD (145m, 1-2 mins) — Extremely close stop providing immediate access to several bus routes along the main road.
- SHAW PLAZA (248m, 2-3 mins) — Convenient boarding point located right by a major local shopping and cinema complex.
- RAINFOREST SCHOOLHOUSE (374m, 4-5 mins) — Nearby preschool option that makes morning drop-offs easy for parents with young children.
- BEACON INTERNATIONAL COLLEGE (496m, 5-6 mins) — Private education institution within walking distance for tertiary students.
- HONG WEN SCHOOL (986m, 11-12 mins) — Established primary school located within a short drive or bus ride for local families.
- N B THAM CLINIC (343m, 4-5 mins) — Reliable local medical clinic nearby for general health consultations and family care.
- TAN KAN MING CHINESE MEDICAL CARE (423m, 5-6 mins) — Traditional healthcare option available just a short walk away.
- BALESTIER MEDICAL CLINIC (447m, 5-6 mins) — Handy medical facility providing essential services to the immediate neighbourhood.
- BALESTIER POINT (210m, 2-3 mins) — Mixed-use complex offering a variety of retail services and daily essentials just around the corner.
- FAIRPRICE (387m, 4-5 mins) — Well-stocked supermarket nearby for convenient grocery shopping and household needs.
- ROCCA BALESTIER (404m, 4-5 mins) — Local shopping mall providing additional retail variety and services for residents.
- FOODSTA KITCHEN (101m, 1-2 mins) — Ultra-convenient dining spot located almost at the doorstep for quick daily meals.
- EASTERN RICE DUMPLING (196m, 2-3 mins) — Famous local specialty food shop contributing to the rich culinary heritage of the area.
- BURGER KING (250m, 3-4 mins) — Quick-service dining option located nearby for a fast and familiar meal.
Market & Rental Insights
The Tier demonstrates a stable market profile with consistent capital growth and healthy income potential for investors.
- PSF Appreciation:S$1,515 psf → S$1,585 psf over recent years (+4.62%) from 2023 - 2026
- Expected Rental Yield: At 4.28%, this reflects a healthy return for investors.
- Transactions:6 rental transactions in the last 6 months and 1 sale transactions in the last 12 months, showing modest rental and limited sale activity.
- PG Pulse Insight: With a +4.62% PSF growth and a healthy rental yield of 4.28%, The Tier remains a steady asset despite limited transaction volume.
Published date: November 4, 2026
















