PropKaki
FreeholdRCRDistrict 12 (Novena)

Balestier Plaza

Reviewed by Nathan TangUpdated 20 June 2026Data through Apr 2024 (URA)
Quick Summary

Balestier Plaza is a freehold apartment in District 12 (Novena) that obtained TOP in 1983, with 77 units across 1 block. Units have recently transacted around S$1.40M (S$1,046 psf), from 135 sales on record. There are 2 units for sale from S$2.50M to S$2.50M.

1

What are the key facts about Balestier Plaza?

Key Takeaway

Balestier Plaza is a freehold apartment in District 12 (Novena) that obtained TOP in 1983, with 77 units across 1 block.

Tenure
Freehold
TOP / Completion
1983
Developer
HONG LEONG HOLDINGS LTD
Total units
77
Blocks
1
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$1,046 psf
Last transacted
Apr 2024
Remaining lease
Freehold
2

What is the price and PSF at Balestier Plaza?

Key Takeaway

Units have recently transacted around S$1.40M (S$1,046 psf), at a gross rental yield of about 2.2% (URA caveat data).

Recent median price

S$1.40M

recent · 135 sales on record

Median PSF

S$1,046 psf

recent transactions

Median rent (monthly)

S$2,612

438 rentals on record

Gross rental yield

2.2%

indicative, gross

Units currently for sale are asking a median of S$1,538 psf — about 47% above the most recent transacted PSF.

Source: URA caveat data, through Apr 2024.

3

What has recently sold at Balestier Plaza?

Key Takeaway

Balestier Plaza has 135 recorded sales; the most recent transacted at S$2,000,000 in Apr 2024 (URA caveat data).

DatePriceSize (sqft)PSF
Apr 2024S$2,000,0001,625S$1,230 psf
Apr 2021S$1,608,8881,367S$1,177 psf
Mar 2021S$1,758,0001,625S$1,082 psf
Nov 2020S$1,288,8881,367S$943 psf
Oct 2020S$1,148,0001,001S$1,147 psf
Oct 2020S$1,130,0001,001S$1,129 psf
Aug 2020S$1,430,0001,367S$1,046 psf
Jul 2019S$1,150,0001,001S$1,149 psf
Feb 2019S$1,410,0001,367S$1,031 psf
Jul 2018S$1,399,9981,367S$1,024 psf
Jun 2018S$1,400,0001,367S$1,024 psf
Mar 2018S$1,350,0001,367S$988 psf

135 sales and 438 rentals on record since Apr 1995. Source: URA.

4

What bedroom types are available at Balestier Plaza?

Key Takeaway

Balestier Plaza has 2 units listed for sale, spanning 3-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
3-bedroom2S$2.50M–S$2.50MS$1,538 psf
5

Where is Balestier Plaza and what's nearby?

Key Takeaway

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

Balestier Plaza is a freehold apartment completed in 1983. It was developed by HONG LEONG HOLDINGS LTD. The development has 77 residential units. It sits on a land area of 3,799 sqm and has a gross floor area of 11,396 sqm. The plot ratio is 3.0.

BALESTIER PLAZA is located at 400 Balestier Road, Singapore 329802. 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 Toa Payoh MRT, approximately 830m away, around 13 minutes on foot. Nearby amenities include Square 2 for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blks 91/92 Whampoa Drive # for food options, and Toa Payoh Town Pk for greenery and recreation. Facilities in the development include Covered car park, Mini-Mart, Playground, and 24 hours security.

6

How far is Balestier Plaza from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Balestier Plaza is Toa Payoh MRT, about 830 m away (~13 min walk). 2 schools are within 1 km, including 1 primary school.

Getting around

Schools nearby

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

  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority919 m
  • Northlight SchoolSecondary schoolwithin 1 km950 m
  • St. Joseph's Institution JuniorPrimary school1.0 km
  • Chij Secondary (Toa Payoh)Secondary school1.1 km
  • Bendemeer Secondary SchoolSecondary school1.2 km
  • Chij Primary (Toa Payoh)Primary school1.2 km
  • Kheng Cheng SchoolPrimary school1.3 km
  • Pei Chun Public SchoolPrimary school1.4 km

Shops, food & parks

Mall: Square 2 · 890 mSupermarket: NTUC Fairprice Co-operative Ltd · 87 mHawker centre: Blks 91/92 Whampoa Drive # · 483 mPark: Toa Payoh Town Pk · 601 m

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

7

What facilities does Balestier Plaza have?

Key Takeaway

Balestier Plaza has 4 facilities, including Covered car park, Mini-Mart, Playground, 24 hours security.

Covered car parkMini-MartPlayground24 hours security
8

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

Key Takeaway

Buying a unit at Balestier Plaza (~S$1.40M) needs about S$10,248/mo in income and S$4,715/mo in repayments, after S$40,600 stamp duty and a S$350k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.40M) 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$40,600

BSD, tiered

Downpayment (25%)

S$350k

cash + CPF

Monthly instalment

S$4,715/mo

30y @ 3.5%

Income required

S$10,248/mo

TDSR @ stress rate

9

Frequently asked questions about Balestier Plaza

What is the price at Balestier Plaza?

Units at Balestier Plaza have recently transacted around S$1.40M (S$1,046 psf), from 135 sales on record (URA caveat data).

What is the PSF at Balestier Plaza?

Units for sale at Balestier Plaza are asking a median of about S$1,538 psf.

Is Balestier Plaza freehold or leasehold?

Balestier Plaza is freehold.

When was Balestier Plaza built?

Balestier Plaza obtained TOP in 1983, developed by HONG LEONG HOLDINGS LTD.

How many units are for sale at Balestier Plaza?

There are 2 units for sale at Balestier Plaza, from S$2.50M to S$2.50M.

What is the rental yield at Balestier Plaza?

Gross rental yield at Balestier Plaza is about 2.2%, based on median current rents and prices.

How many units are in Balestier Plaza?

Balestier Plaza has 77 units across 1 block.

What facilities does Balestier Plaza have?

Balestier Plaza has 4 facilities, including Covered car park, Mini-Mart, Playground, 24 hours security.

What is the nearest MRT to Balestier Plaza?

The nearest MRT/LRT station to Balestier Plaza is Toa Payoh MRT, about 830 m away (~13 min walk).

Which primary schools are within 1 km of Balestier Plaza?

Hong Wen School is within 1 km of Balestier Plaza — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

Chat on WhatsApp
Try Now on WhatsApp