FreeholdRCRDistrict 12 (Novena)

Balestier Complex

Reviewed by Nathan TangUpdated 10 August 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 7 units for sale from S$800k to S$1.25M.

1

What are the key facts about Balestier Complex?

Key Takeaway

Balestier Complex is a freehold apartment in District 12 (Novena) that obtained TOP in 1981, with 104 units across 1 block.

Tenure
Freehold
TOP / Completion
1981
Developer
Total units
104
Blocks
1
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$398 psf
Last transacted
Mar 2006
Remaining lease
Freehold
2

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$1,874 psf — about 371% above the most recent transacted PSF.

Source: URA caveat data, through Mar 2006.

3

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.

4

How many property agents are active around Balestier Complex?

Key Takeaway

6,316 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

6,316

District 12 · closed ≥1 deal

Deals on record

24,253

all-time · all property types

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

5

What bedroom types are available at Balestier Complex?

Key Takeaway

Balestier Complex has 7 units listed for sale, spanning 1–2-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom3S$800k–S$800kS$1,905 psf
2-bedroom4S$1.00M–S$1.25MS$1,874 psf
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

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
8

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.

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

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

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…
10

Frequently asked questions about Balestier Complex

How much does a unit at Balestier Complex cost?

Units at Balestier Complex have recently transacted around S$485k (S$398 psf), from 5 sales on record (URA caveats). The exact price depends on size, floor and facing.

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.

Is Balestier Complex a good investment?

Gross rental yield is about 3.7%, and current asking prices sit about 371% above the most recent transacted PSF. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Is Balestier Complex freehold or leasehold?

Balestier Complex is freehold — ownership does not expire.

When was Balestier Complex built and who developed it?

Balestier Complex obtained TOP in 1981, with 104 units across 1 block.

How many units are for sale at Balestier Complex?

There are 7 units for sale at Balestier Complex, from S$800k to S$1.25M.

What is the nearest MRT to Balestier Complex?

The nearest MRT/LRT station to Balestier Complex is Boon Keng MRT, about 982 m away (~15 min walk).

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 qualify for Primary 1 (P1) registration priority.

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