The 45 year old fired a fine five under par 64 in difficult wet and blustery conditions to finish two shots ahead of Colm Moriarty (Glasson Hotel & GC) and Simon Thornton (Tulfarris Golf Resort).
Higgins actually made a poor start to his round, dropping a shot at the par four first, but he responded with birdies at the third, fifth and seventh to reach the turn in two under par 33.
He then reeled off five consecutive pars after the turn before putting in a strong finish, collecting birdies at the 15th, 17th and 18th to come home in three under 31.
The team prize was won by Stephen Crooks (Holywood GC) with amateur partners Matt McCleary, Lee Brolly and Bryan Donnelly with 86pts on a better back nine.
The next event on the PGA in Ireland schedule is the Walled City of Derry Pro-Am on August 25th and 26th.
Fred Daly Memorial Pro-Am
sponsored by Holiday Inn Belfast
at Balmoral Golf Club (Par 71)
1 D Higgins (Waterville Golf Links) -5 64
T2 C Moriarty (Glasson Hotel & GC) -3 66
T2 S Thornton (Tulfarris Golf Resort) -3 66
4 B Doheny (Callan GC) -2 67
T5 D Mooney (Damian Mooney Golf) -1 68