23 Balam Road - 1 Units for Sale

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23 Balam Road – PropertyGuru Market Pulse Insights

Recent search data shows the development continuing to attract browsing attention in the Macpherson / Potong Pasir area according to PropertyGuru search trends over the past month. This project remains a visible option for property seekers exploring the local HDB market, maintaining a steady presence in area-level browsing activity.

Popular preferences: Gym, Balcony, Tennis Court, Corner Unit

Pricing by Unit Types:

• 2-Bedroom Units:
  • Avg Asking Price: S$ 305K
  • Avg PSF: S$ 473 psf (72.5% lower compared to Macpherson / Potong Pasir average of S$ 1,719 psf)
  • Available Units: 1
• 3-Bedroom Units:
  • Avg Asking Price: S$ 339K
  • Avg PSF: S$ 464 psf (69.66% lower compared to Macpherson / Potong Pasir average of S$ 1,529 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point toward the 3-bedroom configurations as a primary focus for those seeking larger floor plates at a significant value entry point. The current inventory profile is extremely limited, with single listings across available unit types creating a selective opportunity for buyers. Overall, the development is priced at a substantial discount relative to the broader district average, offering a highly competitive psf rate. This pricing discipline, combined with sought-after features like corner units, supports steady interest from value-conscious market participants.

Location & Lifestyle Highlights — 23 Balam Road 700m (8 mins) to MATTAR MRT STATION — This station on the Downtown Line provides a direct and efficient link to the Central Business District and Chinatown, making the daily commute smooth for office workers. 23 Balam Road offers a modern and efficient living space designed for those who value a practical, well-connected lifestyle in a mature residential setting. The location balances quiet suburban comfort with quick access to essential urban hubs and local food gems. Nearby hotspots: MRT Stations (3 within 1 km):

• TAI SENG MRT STATION (811m, 9-10 mins) — A convenient second option on the Circle Line that connects you easily to Paya Lebar and the tech hubs at one-north.
• MACPHERSON MRT STATION (846m, 10-11 mins) — This major interchange links the Circle and Downtown lines, giving you more flexibility for travel across the island.

Bus Stops:

• BLK 77 (340m, 4-5 mins) — A very short walk from home for taking local bus services that loop through the neighbourhood.
• BLK 36 (342m, 4-5 mins) — Provides additional bus routes for residents to reach nearby amenities and transport hubs quickly.

Education & Early Learning:

• PCF SPARKLETOTS PRESCHOOL @ MACPHERSON BLK 31 (KN) (255m, 3-4 mins) — A trusted early childhood education option located just a few minutes away for young families.
• E-BRIDGE PRE-SCHOOL PTE. LTD. (299m, 3-4 mins) — High-quality childcare services within walking distance, making morning drop-offs very manageable.
• CANOSSA CONVENT PRIMARY SCHOOL (847m, 10-11 mins) — A reputable primary school nearby that serves the local community well.

Healthcare & Wellness:

• ENG ONN CHUAN MEDICAL HALL (206m, 2-3 mins) — Traditional wellness and medical supplies are available just around the corner for quick health needs.
• CHIN CHOO CLINIC (225m, 2-3 mins) — A nearby general practitioner clinic for convenient medical consultations and family healthcare.
• LIFECARE MEDICAL CENTRE (345m, 4-5 mins) — Accessible healthcare services providing peace of mind for residents requiring regular check-ups.

Shopping & Retail:

• FAIRPRICE (357m, 4-5 mins) — Your go-to spot for daily groceries and household essentials is just a short stroll away.
• SHENG SIONG (398m, 4-5 mins) — Another great supermarket option nearby known for fresh produce and competitive prices.

Dining & Food:

• FISHBALL STORY (314m, 3-4 mins) — Enjoy famous local hawker fare practically at your doorstep for a quick and tasty meal.
• 7 STARS COFFEE SHOP (324m, 3-4 mins) — A classic local coffee shop perfect for a casual breakfast or a quick kopi break.
• KIN KIN CHILLE PAN MEE (398m, 4-5 mins) — A popular dining spot nearby for those who enjoy spicy and authentic local noodle dishes.

Places of Worship:

• THE LIFE CHURCH AND MISSIONS (784m, 9-10 mins) — A local community space for worship and social gatherings within the neighbourhood.

Highly attractive for: Young Couples, Urban Professionals, Investors, Small Families

Market & Rental Insights

23 Balam Road demonstrates a profile of capital appreciation and high rental efficiency within its market segment.

• PSF Appreciation: S$462 → S$483 over recent years (+4.55%) from 2023 - 2026.
• Expected Rental Yield: At 9.01%, this reflects a strong return for investors.
• Transactions: 1 rental transaction in the last 6 months and 2 sale transactions in the last 12 months, showing limited rental and sale activity.
• PG Pulse Insight: With a strong rental yield of 9.01% and positive PSF growth, 23 Balam Road offers a high-yielding investment opportunity despite limited transaction volume.

Published date: June 16, 2026