123 Mcnair Road - 2 Units for Sale

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123 Mcnair Road – PropertyGuru Market Pulse Insights

Recent market search behaviour suggests the project remains on the radar of local property seekers, drawing on 30 days of PropertyGuru search activity in Balestier / Toa Payoh. While not a primary volume driver in the district, the development continues to be discovered by active buyers exploring established residential options in this central location.

Most-searched Units: 3-Bedroom

Popular preferences: Balcony, Corner Unit, Gym, Tennis Court, Maidsroom, Renovated, Air-Conditioning, Bathtub, Private Pool

Pricing by Unit Types:

• 2-Bedroom Units:
  • Avg Asking Price: S$ 520K
  • Avg PSF: S$ 754 psf (47.37% lower compared to Balestier / Toa Payoh average of S$ 1,433 psf)
  • Available Units: 2

Key Takeaway: Market demand indicators point strongly towards the 3-Bedroom configurations as the preferred choice for those browsing this development. Despite the search preference for larger layouts, the available 2-Bedroom inventory is positioned at a significant 47.37% discount relative to the broader Balestier / Toa Payoh average. This substantial price gap suggests the property serves as a highly accessible entry point into the district for budget-conscious buyers. The combination of specific lifestyle preferences and competitive per-square-foot pricing supports steady interest from seekers prioritizing value in a mature neighborhood.

Location & Lifestyle Highlights — 123 Mcnair Road

740m (9 mins) to BOON KENG MRT STATION — This station on the North-East Line provides a direct and efficient link to the city center and major commercial hubs.

Living at 123 Mcnair Road puts you in a practical, well-connected spot where modern efficiency meets everyday convenience. It is a great choice for those who want a straightforward commute and easy access to local food and shops right in the heart of the neighborhood.

Nearby hotspots:

MRT Stations:

• FARRER PARK MRT STATION (1054m, 12-13 mins) — Offers an alternative travel option on the North-East Line for reaching the Orchard and Dhoby Ghaut areas quickly.
• BENDEMEER MRT STATION (1241m, 14-15 mins) — Connects you to the Downtown Line, making it easier to travel to the Central Business District and the East.

Bus Stops (33 within 1 km):

• BLK 122 (103m, 1-2 mins) — Located just steps away, this stop provides immediate access to several local bus routes for short trips around the area.
• S'PORE KHALSA ASSN (286m, 3-4 mins) — A handy nearby stop that broadens your transport options for daily errands and commuting.

Education & Early Learning:

• NORTHLIGHT SCHOOL (117m, 1-2 mins) — This school is practically next door, making the morning school run incredibly fast and stress-free.
• MY FIRST SKOOL (330m, 3-4 mins) — A reliable and very close childcare option that is perfect for parents with young children.
• HONG WEN SCHOOL (385m, 4-5 mins) — A well-regarded primary school within a short walking distance, which is a big plus for families with young students.

Healthcare & Wellness:

• KALLANG POLYCLINIC AND LONG TERM CARE (459m, 5-6 mins) — Having a major public polyclinic so close by ensures that medical check-ups and healthcare needs are easily met.
• TAN TEOH CLINIC SURGERY (601m, 7-8 mins) — A nearby private clinic that offers quick medical consultations for the family.
• KWONG WAI SHIU HOSPITAL (775m, 9-10 mins) — Provides comprehensive healthcare and community hospital services within the immediate vicinity.

Shopping & Retail:

• SHENG SIONG - MCNAIR (484m, 5-6 mins) — A very convenient spot for your daily grocery needs and fresh produce just a short walk from home.
• FAIRPRICE (805m, 9-10 mins) — Another reliable supermarket option nearby for a wider variety of household essentials and groceries.
• ROCCA BALESTIER (851m, 10-11 mins) — A local shopping point that offers various retail services and amenities for the neighborhood.

Dining & Food:

• QIAN XI FARRER PARK RESTAURANT (483m, 5-6 mins) — A great nearby venue for family gatherings and traditional Chinese dining.
• HOME BARKITCHEN (584m, 7-8 mins) — A local spot to enjoy a relaxed meal or a drink without having to travel far.
• YAOWARAT SEAFOOD (613m, 7-8 mins) — Popular for its Thai-style seafood, offering a great dinner option within a short walk.

Convenience Stores:

• 7-ELEVEN (793m, 9-10 mins) — Perfect for quick snacks or emergency household items at any time of the day.
• CHEERS (829m, 9-10 mins) — Provides another easy option for grabbing essentials on your way home from the station.

PLACES OF WORSHIP:

• SAKYA MUNI BUDDHA GAYA TEMPLE (703m, 8-9 mins) — A significant local landmark and place of worship within the neighborhood.

Highly attractive for: Young Families, Urban Professionals, Healthcare Workers, Investors

Market & Rental Insights

123 Mcnair Road demonstrates significant capital appreciation and high rental efficiency, making it a notable project for yield-focused investors.

• PSF Appreciation: S$559 → S$706 over recent years (26.3%) from 2023 - 2026.
• Expected Rental Yield: At 7.8%, this reflects a strong return for investors.
• Transactions: 2 rental transactions in the last 6 months and 3 sale transactions in the last 12 months, showing modest rental and sale activity.
• PG Pulse Insight: With a strong rental yield of 7.8% and substantial PSF growth of 26.3%, 123 Mcnair Road presents a high-performing investment profile despite modest transaction volumes.

Published date: July 16, 2026