FreeholdRCRDistrict 12 (Novena)

Balestier Complex

Reviewed by Nathan TangUpdated 24 September 2026Data through Mar 2006 (URA)
Quick Summary

Balestier Complex is a freehold apartment in District 12 (Novena) that obtained TOP in 1981, with 104 units across 1 block. Across 5 transactions on record, units have recently transacted around S$485k (S$398 psf, ~1,367 sqft). There are 3 units for sale from S$799k to S$1.08M.

Key facts about Balestier Complex
TenureFreehold
TOP year1981
Units104 in 1 block
District and areaDistrict 12 · Novena · RCR
Nearest MRTBoon Keng MRT, 982 m (~15 min walk)
Latest median psfS$398 psf, last 5 URA caveats to Mar 2006
1

What's for sale and for rent at Balestier Complex?

Key Takeaway

Balestier Complex has 3 units listed for sale, asking S$799k to S$1.08M (median S$1,902 psf), and 4 units for rent at a median of S$3,400 a month.

For sale

3 listings

S$799k – S$1.08M

For rent

4 listings

S$3,200 – S$3,600 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom1S$799k–S$799kS$1,902 psf
2-bedroom2S$1.00M–S$1.08M

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Balestier Complex?

Key Takeaway

Floor plans for Balestier Complex aren't in PropKaki's library yet. Across 5 URA caveats, units range from 1,055 sqft to 1,453 sqft, and the middle half are 1,367 sqft to 1,367 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom420 sqftS$799k · S$1,902 psf
2-bedroom592 sqftS$1.00M

Check the Floor Plan Finder for Balestier Complex →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Balestier Complex?

Key Takeaway

Units have recently transacted around S$485k (S$398 psf), at a gross rental yield of about 3.7% (URA caveat data).

Recent median price

S$485k

recent · 5 sales on record

Median PSF

S$398 psf

recent transactions

Median rent (monthly)

S$1,500

18 rentals on record

Gross rental yield

3.7%

indicative, gross

Units currently for sale are asking a median of S$1,902 psf — about 378% above the most recent transacted PSF.

Source: URA caveat data, through Mar 2006.

4

What has recently sold at Balestier Complex?

Key Takeaway

Balestier Complex has 5 recorded sales; the most recent transacted at S$480,000 in Mar 2006 (URA caveat data).

DatePriceSize (sqft)PSF
Mar 2006S$480,0001,453S$330 psf
Jul 2002S$420,0001,055S$398 psf
Mar 2000S$560,0001,367S$410 psf
May 1999S$485,0001,367S$355 psf
Jun 1997S$610,0001,367S$446 psf

5 sales and 18 rentals on record since Jun 1997. Source: URA.

5

Is Balestier Complex a good investment?

Key Takeaway

Balestier Complex has no resales on record yet, so it has no track record of its own. Across District 12, 87% of 7,946 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 23% over a median 6.3-year hold (URA caveats, before costs). Its gross rental yield is about 3.7%. Units listed now ask about 378% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

District 12 sold for more

87%

of 7,946 private resales

Median gain

23%

gross, before costs

Median hold

6.3 years

bought to resold

Balestier Complex has fewer than 10 matched resales, so the figures are for District 12 as a whole. Check the odds for your unit size and holding period →

6

Where is Balestier Complex and what's nearby?

Key Takeaway

Balestier Complex is located in Novena, in the Central Region of Singapore.

Balestier Complex is a freehold apartment completed in 1981. The development has 104 residential units. It sits on a land area of 1,243 sqm and has a gross floor area of 3,728 sqm. The plot ratio is 3.0.

BALESTIER COMPLEX is located at 262 Balestier Road, Singapore 329714. It is part of District 12, Balestier / Toa Payoh / Serangoon, Novena. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Boon Keng MRT, approximately 982m away, around 15 minutes on foot. Nearby amenities include Square 2 for shopping, SEMPER FIDELIS FINE FOODS PRIVATE LIMITED for groceries, Blks 91/92 Whampoa Drive # for food options, and Pek Kio Park for greenery and recreation.

7

How far is Balestier Complex from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Balestier Complex is Boon Keng MRT, about 982 m away (~15 min walk). 4 schools are within 1 km, including 2 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Northlight SchoolSecondary schoolwithin 1 km441 m
  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority496 m
  • Bendemeer Secondary SchoolSecondary schoolwithin 1 km909 m
  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority973 m
  • Farrer Park Primary SchoolPrimary school1.1 km
  • Bendemeer Primary SchoolPrimary school1.4 km
  • Chij Secondary (Toa Payoh)Secondary school1.6 km
  • St Andrew's Junior CollegeJunior college1.7 km

Shops, food & parks

Mall: Square 2 · 1.0 kmSupermarket: Semper Fidelis Fine Foods Private Limited · 3 mHawker centre: Blks 91/92 Whampoa Drive # · 176 mPark: Pek Kio Park · 768 m

Straight-line distances from the development. Source: PropKaki amenities data.

8

Who built Balestier Complex and how big is the development?

Key Takeaway

Balestier Complex was developed by , with 104 units.

Blocks
1
Land area
1,243 sqm (13,380 sqft)
Gross floor area
3,728 sqm (40,128 sqft)
Plot ratio
3.00
9

What does it cost to own a unit at Balestier Complex?

Key Takeaway

Buying a unit at Balestier Complex (~S$485k) needs about S$3,550/mo in income and S$1,633/mo in repayments, after S$9,150 stamp duty and a S$121k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$485k) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$9,150

BSD, tiered

Downpayment (25%)

S$121k

cash + CPF

Monthly instalment

S$1,633/mo

30y @ 3.5%

Income required

S$3,550/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

10

How many property agents are active around Balestier Complex?

Key Takeaway

6,318 CEA-registered agents closed at least one recorded deal in District 12 — where Balestier Complex sits — in the last 12 months, across all property types.

Active agents · 12mo

6,318

District 12 · closed ≥1 deal

Deals on record

24,291

all-time · all property types

Source: CEA public transaction records, attributed to District 12 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Balestier Complex? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Balestier Complex's own transactions.

PropKaki
Is Balestier Complex a good buy, and what are units selling for?

Recent units at Balestier Complex sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
11

Frequently asked questions about Balestier Complex

Is Balestier Complex freehold?

Yes. Balestier Complex is freehold, so ownership does not run out.

How old is Balestier Complex?

Balestier Complex was completed (obtained TOP) in 1981, so it is about 45 years old.

Is Balestier Complex a good investment?

Balestier Complex has no resales on record yet, so it has no track record of its own. Across District 12, 87% of 7,946 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 23% over a median 6.3-year hold (URA caveats, before costs). Its gross rental yield is about 3.7%. Units listed now ask about 378% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Balestier Complex an EC?

No. Balestier Complex is a private apartment development, not an executive condominium (EC).

What is the price of a condo at Balestier Complex?

Units at Balestier Complex have recently sold for around S$485k (S$398 psf), the median of the last 5 URA caveats to Mar 2006. The price depends on size, floor and facing. 3 units are listed for sale from S$799k to S$1.08M.

Where is Balestier Complex located?

Balestier Complex is at 262 Balestier Road, Singapore 329714, in Novena (District 12). The nearest MRT station is Boon Keng MRT, about 982 m away.

How many units are there in Balestier Complex?

Balestier Complex has 104 units in 1 block.

How much do I need to earn to buy at Balestier Complex?

For a unit around S$485k as a first home, you'd need roughly S$3,550/mo in income (assessed at the stress-test rate), with repayments near S$1,633/mo after a S$121k (25%) downpayment and S$9,150 Buyer's Stamp Duty.

Which primary schools are within 1 km of Balestier Complex?

Hong Wen School, St. Joseph's Institution Junior are within 1 km of Balestier Complex. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.