The Tier
About The Tier
The Tier is a freehold Condo Apartment located in Novena, District 12. Completed in 2013, it has a total of 1 blocks within the development and comprises a total of 48 units. It is within walking distance to MRT stations such as Novena MRT and Novena MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, The Tier is also close to schools like Yorick - Pro Tennis Coaching & Lessons, Mindful Learning & Enrichment @ zanoziwa and The Math Studio. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like FairPrice - Lor Limau and FairPrice - Shaw Plaza for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Gamma Knife Centre. Singpost Post Box is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Whampoa Park Connector, to enjoy some fresh air.
Key Property Details
Project Name | The Tier |
|---|---|
Address | 28 Pegu Road, Singapore 328373 View on map |
Nearest MRT | Novena MRT |
TOP date | 1 Jan 2013 |
Tenure | Freehold |
Project Size | Small (48 units) |
Number of Units | 48 |
Bedrooms | 1, 2 |
District | D12 |
Neighbourhood | Novena |
Blocks | 1 |
Property type | Condo Apartment |
Developer | Kaiwatt Development Pte. Ltd. |
Buildings in The Tier
- 28 Pegu Road328373
Facilities for The Tier
BBQ
Gym
Jacuzzi
Parking
Security
Swimming Pool
Floor Plans
The Tier has a total of 48 units. There are 8 types of floor plan
Total floor plans
8 Types
Bedroom type
1, 2
Floor plans for The Tier
All
1
2
Site Plans
The Tier has 0 stack, 1 block and up to 0 storey.
Total blocks
1 Block
Total units
48 Units
Site plans and elevation charts for The Tier
Site Map of The Tier
Pricing & Transaction History
Sale transaction history for The Tier
All
Studio
1 BR
2 BR
3 BR
4 BR
5+ BR
Date sold | Block | Unit | Beds | PSF | Area
(sqft) | Price sold |
|---|---|---|---|---|---|---|
09/2025 | 28 | #06-xx | - | S$ 1,599 | 538 | S$ 860,000 |
05/2025 | 28 | #11-xx | - | S$ 1,515 | 495 | S$ 750,000 |
02/2025 | 28 | #11-xx | - | S$ 1,548 | 549 | S$ 850,000 |
09/2024 | 28 | #13-xx | - | S$ 1,479 | 549 | S$ 812,088 |
03/2023 | 28 | #14-xx | - | S$ 1,515 | 495 | S$ 750,000 |
09/2022 | 28 | #0x-xx | - | S$ 1,539 | 538 | S$ 828,000 |
06/2022 | 28 | #0x-xx | - | S$ 1,539 | 538 | S$ 828,000 |
05/2022 | 28 | #1x-xx | - | S$ 1,648 | 549 | S$ 905,000 |
04/2022 | 28 | #0x-xx | - | S$ 1,539 | 538 | S$ 828,000 |
12/2021 | 28 | #0x-xx | - | S$ 1,455 | 646 | S$ 939,900 |
12/2021 | 28 | #0x-xx | - | S$ 1,617 | 538 | S$ 870,000 |
09/2021 | 28 | #1x-xx | - | S$ 1,482 | 549 | S$ 813,800 |
09/2021 | 28 | #0x-xx | - | S$ 1,524 | 538 | S$ 820,000 |
06/2021 | 28 | #1x-xx | - | S$ 1,515 | 538 | S$ 815,000 |
04/2021 | 28 | #1x-xx | - | S$ 1,424 | 495 | S$ 705,000 |
03/2021 | 28 | #1x-xx | - | S$ 1,524 | 538 | S$ 820,000 |
12/2018 | 28 | #1x-xx | - | S$ 1,475 | 549 | S$ 810,000 |
12/2016 | 28 | #0x-xx | - | S$ 1,353 | 538 | S$ 728,000 |
05/2016 | 28 | #1x-xx | - | S$ 1,354 | 495 | S$ 670,000 |
10/2015 | 28 | #0x-xx | - | S$ 1,238 | 646 | S$ 800,000 |
Rent transaction history for The Tier
All
Studio
1 BR
2 BR
3 BR
4 BR
5+ BR
Date | Beds | PSF | Area
(sqft) | Price |
|---|---|---|---|---|
04/2026 | 2 BR | S$ 6.41 | 500-600 | S$ 3,450 |
03/2026 | 2 BR | S$ 5.95 | 500-600 | S$ 3,200 |
03/2026 | 1 BR | S$ 6.60 | 500-600 | S$ 3,550 |
03/2026 | 1 BR | S$ 5.66 | 400-500 | S$ 2,800 |
02/2026 | 1 BR | S$ 5.86 | 400-500 | S$ 2,900 |
01/2026 | 1 BR | S$ 5.58 | 500-600 | S$ 3,000 |
01/2026 | 2 BR | S$ 6.41 | 500-600 | S$ 3,450 |
01/2026 | 1 BR | S$ 5.83 | 400-500 | S$ 2,888 |
12/2025 | 2 BR | S$ 6.51 | 500-600 | S$ 3,500 |
12/2025 | 2 BR | S$ 5.48 | 500-600 | S$ 2,950 |
11/2025 | 1 BR | S$ 5.45 | 400-500 | S$ 2,700 |
11/2025 | 1 BR | S$ 6.06 | 400-500 | S$ 3,000 |
11/2025 | 1 BR | S$ 5.95 | 500-600 | S$ 3,200 |
10/2025 | 1 BR | S$ 5.86 | 400-500 | S$ 2,900 |
09/2025 | 1 BR | S$ 5.58 | 500-600 | S$ 3,000 |
09/2025 | 2 BR | S$ 6.04 | 600-700 | S$ 3,900 |
09/2025 | 1 BR | S$ 5.25 | 400-500 | S$ 2,600 |
09/2025 | 1 BR | S$ 5.58 | 500-600 | S$ 3,000 |
08/2025 | 1 BR | S$ 5.86 | 400-500 | S$ 2,900 |
08/2025 | 1 BR | S$ 5.39 | 500-600 | S$ 2,900 |
Payment structure & financing options
Sale price
Mortgage calculation
on 2% interest rate
S$ 4,158
/month
Downpayment (25%)
S$ 375k
Loan amount (75%)
S$ 1.13m
Tenure (yrs)
5
35
Loan (%)
10
75
Interest (%)
0
5
Max your HDB Sale
99 Concierge turns your flat into Condo cash.
Location
Location of The Tier
Taxi
Public Transport
Driving
Add locations your travel to frequently to calculate travel time
3 Transfers
S$ 1.76
2 Transfers
S$ 1.24
1 Transfer
S$ 0.88
Amenities nearby The Tier
Schools | Distance |
|---|---|
Yorick - Pro Tennis Coaching & Lessons | 1 min (5 m) |
Mindful Learning & Enrichment @ zanoziwa | 4 mins (224 m) |
The Math Studio | 4 mins (261 m) |
Supermarkets | Distance |
|---|---|
I-Tec Supermart Pte Ltd | 4 mins (218 m) |
Kwong Choon Medical Hall | 4 mins (221 m) |
Ban Hin Hoe | 4 mins (230 m) |
Parks | Distance |
|---|---|
Whampoa Park Connector | 573 m |
Zhongshan Park | 631 m |
Shelter | 679 m |
Property Insights
Profitability (All time)
2 profitable transactions in the past 1 year
1.3 - 1.5%
gain per year, avg. years held 9.5
Rent price trend overtime
1M
3M
6M
1Y
5Y
10Y
Data Source: URA, Realis and 99.co
Powered by 99.co Researcher
For rentals, price start from S$ 3,200 to S$ 4,000. The average rent is S$ 6.03 PSF over the past six months and S$ 5.88 PSF over the year. Recent rental deals include the latest at S$ 3,450, with the highest rent reaching S$ 4,700.
Nearby condo project comparison
Project | Tenure | TOP | MRT Distance | Price range (Sale) | Avg. Price (Sale) | Price range (Rent) | Avg. Price (Rent) | Rental Yield |
|---|---|---|---|---|---|---|---|---|
| The Tier | Freehold | 2013 | NS 20  11 mins (850m)Novena MRT | 1,763.21 - 1,826.48 psf | 1,788.65 psf | 3,200 - 4,000 /mo | 3,600 /mo | 4.53% |
| Montebleu | Freehold | 2010 | NS 20 10 mins (790m)Novena MRT | 2,044.61 - 2,119.3 psf | 2,069.51 psf | 1,500 - 9,800 /mo | 4,512.5 /mo | 3.09% |
| Ecoville | Freehold | 2008 | NS 20 11 mins (871m)Novena MRT | 1,657.78 - 1,771.96 psf | 1,743.41 psf | 2,800 - 4,400 /mo | 3,609.21 /mo | - |
| Medge | Freehold | 2007 | NS 20 10 mins (798m)Novena MRT | 1,879.05 - 1,941.68 psf | 1,910.37 psf | 1,950 - 6,500 /mo | 2,988.11 /mo | 3.32% |
| Chelsea Grove | Freehold | 2007 | NS 20 12 mins (910m)Novena MRT | 261.02 - 1,565.76 psf | 742.53 psf | 2,200 - 5,200 /mo | 3,254.36 /mo | 3.86% |
| De Paradiso | Freehold | 2005 | NS 20 11 mins (858m)Novena MRT | 1,814.16 psf | 1,814.16 psf | 2,200 - 5,000 /mo | 3,296.56 /mo | 2.85% |
| Belmondo View | Freehold | 2003 | NS 20 11 mins (879m)Novena MRT | 438.95 - 1,619.48 psf | 744.07 psf | 5,200 /mo | 5,200 /mo | - |
| Ava Towers | Freehold | 1993 | NS 20 12 mins (906m)Novena MRT | 1,548.49 - 1,708.73 psf | 1,611.14 psf | 1,100 - 4,500 /mo | 1,622.73 /mo | 2.45% |
| Balestier Point | Freehold | 1988 | NS 20 12 mins (949m)Novena MRT | 1,415.93 - 1,642.13 psf | 1,528.98 psf | 999 - 4,500 /mo | 2,482.71 /mo | 3.05% |
FAQs
General FAQs
When did the The Tier TOP?
The Tier obtained its TOP (Temporary Occupation Permit) in 2013.
What is the address of The Tier?
The address of The Tier is 28 Pegu Road, Singapore.
What is the tenure for The Tier?
The tenure of The Tier is Freehold, starting from 2013. Upon expiration, the land reverts to the state unless the lease is renewed.
How many units are there in The Tier?
The Tier has a total of 48 residential units with numerous bedroom configurations to choose from.
How many blocks does The Tier have?
The Tier has a total of 1 blocks within the development.
What is the postal code of The Tier?
The postal code of The Tier is 328373.
Where to get floor plans for The Tier?
You can find the floor plan layouts and unit configurations of The Tier in the Floor Plan section above.
Where can I find the The Tier Site Plan?
You can view the site plans and elevation charts for The Tier in the Site Plan section above.
Located FAQs
What is the nearest MRT Station to The Tier?
The Tier is well-served by nearby MRT/LRT stations, such as Novena which is close to the development.
What are the schools nearby The Tier?
Some of the nearest schools from The Tier are Yorick - Pro Tennis Coaching & Lessons, Mindful Learning & Enrichment @ zanoziwa and The Math Studio, providing families with quality education close to home.
Where are the bus stops near The Tier?
Several bus stops can be found near The Tier, such as After Pegu Road, Opposite Balestier Point and Shaw Plaza which is located close to the development.
What condo facilities are available to residents of The Tier?
Some facilities at The Tier are available, such as BBQ, Gym and Jacuzzi. Ensuring the lifestyle convenience of every resident.
Price FAQs
What is the rental price of The Tier?
The average rent at The Tier in the past 6 months is S$ 3.12K, depending on unit size and type.
What is the price range of units in The Tier?
The price range of units for sale in The Tier is S$ 875,000 ~ S$ 1,200,000. The prices depend on size, location within the development, and the overall demand in the new launch market.
What is the average PSF for The Tier?
The current price per square foot (PSF) at The Tier averages around S$ 1,763 psf ~ S$ 1,826 psf, depending on the unit type, floor, and view.
Investment & Finance FAQs
What is the rental yield at The Tier?
The latest data puts the average gross rental yield at ≈ 5%.
How much upfront cash/CPF do I need for a S$ 875,000 unit at The Tier?
At a 75% LTV, the down-payment is S$ 218,750 (25%), of which at least S$ 43,750 (5%) must be in cash; the balance can come from CPF OA savings.
What property-tax rates apply if I rent out my unit at The Tier?
Non-owner-occupied residential property at The Tier is taxed on a progressive scale of 12%–36% of Annual Value (AV) from 2026. Owner-occupiers enjoy lower 0%–32% rates.
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About the information on this page
The information on this page contains the latest available details about this development which is a mix of information generated by the 99.co team and facts obtained from official developer sources. This includes, and is not limited to, the official developer brochure, to bring you the most accurate information to help with your choice of condo.
If any of the information is inaccurate, please contact us and we will amend the details as soon as possible. If you have any queries, compliments, or feedback on how we can learn to serve you better, please also feel free to reach out to us. We’re listening!
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