The Tier - 2 Units for Rent
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 PropertyGuru activity indicates the development is still appearing in area-focused property searches within the Balestier / Toa Payoh market. Drawing on 30 days of PropertyGuru search activity, the property maintains its presence among active rental seekers looking for options in this part of the city. This visibility ensures it remains part of the current consideration set for those exploring the local condominium landscape.
Most-searched Units: 2-BedroomPopular preferences: Gym
Pricing by Unit Types:
- 2-Bedroom Units:
- Avg Asking Price: S$ 4K
- Avg PSF: S$ 7 psf (31.96% higher compared to Balestier / Toa Payoh average of S$ 5 psf)
- Available Units: 1
Location & Lifestyle Highlights — The Tier 1360m (16 mins) to NOVENA MRT STATION — This key station on the North-South Line provides a direct link to the Orchard Road shopping belt and the Central Business District for an easy daily commute. The Tier offers a rare freehold opportunity in the heart of Balestier, combining the privacy of a boutique 48-unit development with immediate access to a famous stretch of local heritage and modern conveniences. It is a practical choice for those who value a central location surrounded by a rich variety of 24-hour dining and essential services. Nearby hotspots: MRT Stations:
- NOVENA MRT STATION (1360m, 16 mins) — Major transport node connecting residents to the city center and medical hubs within minutes.
- AFTER PEGU ROAD (145m, 1-2 mins) — Extremely close stop providing various feeder services for quick trips around the neighbourhood.
- OPPOSITE BALESTIER POINT (218m, 2-3 mins) — Convenient boarding point for buses heading towards the city and nearby MRT interchanges.
- RAINFOREST SCHOOLHOUSE (374m, 4-5 mins) — Nearby preschool option that makes morning drop-offs simple for parents with young children.
- BEACON INTERNATIONAL COLLEGE (496m, 5-6 mins) — Private education institution located within a short walk from the residence.
- HONG WEN SCHOOL (986m, 11-12 mins) — Reputable primary school within the vicinity for families prioritizing local education.
- N B THAM CLINIC (343m, 4-5 mins) — Handy medical clinic for general healthcare needs just a few minutes away.
- BALESTIER MEDICAL CLINIC (447m, 5-6 mins) — Reliable healthcare facility providing essential medical services to the local community.
- COMMUNICABLE DISEASE CENTRE (492m, 5-6 mins) — Specialized medical facility located nearby, adding to the area's strong healthcare infrastructure.
- BALESTIER POINT (210m, 2-3 mins) — Neighborhood mall offering a mix of retail shops and services right at the doorstep.
- FAIRPRICE (387m, 4-5 mins) — Well-stocked supermarket for all your daily groceries and household essentials.
- ROCCA BALESTIER (404m, 4-5 mins) — Additional retail and lifestyle destination providing more variety for weekend shopping.
- FOODSTA KITCHEN (101m, 1-2 mins) — Nearest dining spot for a quick and easy meal just around the corner.
- EASTERN RICE DUMPLING (196m, 2-3 mins) — Famous local eatery perfect for residents who enjoy Balestier's traditional food heritage.
- COLLINS (291m, 3-4 mins) — Popular western dining option for a casual family dinner close to home.
- CHEERS (173m, 2-3 mins) — Quick stop for snacks and emergency supplies available just a short walk away.
- 7-ELEVEN (205m, 2-3 mins) — Familiar 24-hour convenience store providing round-the-clock access to essentials.
- GOR CHOR TUA PEK KONG TEMPLE (341m, 4-5 mins) — Local heritage site and place of worship serving the neighborhood community.
Market & Rental Insights
The Tier demonstrates a stable market profile with consistent rental demand and a notable upward trend in capital values.
- Median Rental Appreciation: 2-bedroom units saw rents move from S$3,500 /mo to S$3,450 /mo (-1.43%) over the last one year.
- Transactions:12 rental transactions in the last 6 months showing steady rental activity.
- PG Pulse Insight: Rental activity remains steady at The Tier, supported by a current median price of S$1,585 psf and consistent performance in the 2-bedroom segment.
Published date: October 2, 2026
















