Balestier Plaza
Balestier Plaza is a freehold apartment in District 12 (Novena) that obtained TOP in 1983, with 77 units across 1 block. Across 135 transactions on record, units have recently transacted around S$1.40M (S$1,046 psf, ~1,367 sqft). There are 9 units for sale from S$2.00M to S$2.69M.
What are the key facts about Balestier Plaza?
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
What is the price and PSF at Balestier Plaza?
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$2,614
440 rentals on record
Gross rental yield
2.2%
indicative, gross
Units currently for sale are asking a median of S$1,600 psf — about 53% above the most recent transacted PSF.
Source: URA caveat data, through Apr 2024.
What has recently sold at Balestier Plaza?
Balestier Plaza has 135 recorded sales; the most recent transacted at S$2,000,000 in Apr 2024 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Apr 2024 | S$2,000,000 | 1,625 | S$1,230 psf |
| Apr 2021 | S$1,608,888 | 1,367 | S$1,177 psf |
| Mar 2021 | S$1,758,000 | 1,625 | S$1,082 psf |
| Nov 2020 | S$1,288,888 | 1,367 | S$943 psf |
| Oct 2020 | S$1,148,000 | 1,001 | S$1,147 psf |
| Oct 2020 | S$1,130,000 | 1,001 | S$1,129 psf |
| Aug 2020 | S$1,430,000 | 1,367 | S$1,046 psf |
| Jul 2019 | S$1,150,000 | 1,001 | S$1,149 psf |
| Feb 2019 | S$1,410,000 | 1,367 | S$1,031 psf |
| Jul 2018 | S$1,399,998 | 1,367 | S$1,024 psf |
| Jun 2018 | S$1,400,000 | 1,367 | S$1,024 psf |
| Mar 2018 | S$1,350,000 | 1,367 | S$988 psf |
135 sales and 440 rentals on record since Apr 1995. Source: URA.
Are prices at Balestier Plaza rising?
The median transacted PSF at Balestier Plaza has risen 38% over the past 10 years (2011–2021), from S$782 psf to S$1,082 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2021 | S$1,082 psf | S$1.61M | 2 | +3.4% |
| 2020 | S$1,046 psf | S$1.15M | 4 | +1.5% |
| 2019 | S$1,031 psf | S$1.15M | 2 | +4.4% |
| 2018 | S$988 psf | S$1.40M | 4 | +1.0% |
| 2017 | S$978 psf | S$1.00M | 5 | -0.6% |
| 2015 | S$984 psf | S$1.25M | 3 | -0.4% |
| 2014 | S$988 psf | S$1.47M | 3 | -5.8% |
| 2013 | S$1,049 psf | S$1.05M | 4 | +17.6% |
| 2012 | S$892 psf | S$1.20M | 7 | +14.1% |
| 2011 | S$782 psf | S$850k | 4 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Balestier Plaza?
6,316 CEA-registered agents closed at least one recorded deal in District 12 — where Balestier Plaza 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.
What bedroom types are available at Balestier Plaza?
Balestier Plaza has 9 units listed for sale, spanning 3–4-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 3-bedroom | 4 | S$2.00M–S$2.50M | — |
| 4-bedroom | 5 | S$2.60M–S$2.69M | S$1,600 psf |
Where is Balestier Plaza and what's nearby?
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.
Who built Balestier Plaza and how big is the development?
Balestier Plaza was developed by HONG LEONG HOLDINGS LTD, with 77 units.
- Developer
- HONG LEONG HOLDINGS LTD
- Blocks
- 1
- Land area
- 3,799 sqm (40,892 sqft)
- Gross floor area
- 11,396 sqm (122,665 sqft)
- Plot ratio
- 3.00
How far is Balestier Plaza from MRT and schools?
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
- Toa Payoh MRT830 m · ~13 min
- Novena MRT938 m · ~15 min
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
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Balestier Plaza have?
Balestier Plaza has 4 facilities, including Covered car park, Mini-Mart, Playground, 24 hours security.
What does it cost to own a unit at Balestier Plaza?
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
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
Thinking about Balestier Plaza? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Balestier Plaza's own transactions.
PropKakiRecent units at Balestier Plaza sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Balestier Plaza
How much does a unit at Balestier Plaza cost?⌄
Units at Balestier Plaza have recently transacted around S$1.40M (S$1,046 psf), from 135 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 Plaza?⌄
For a unit around S$1.40M as a first home, you'd need roughly S$10,248/mo in income (assessed at the stress-test rate), with repayments near S$4,715/mo after a S$350k (25%) downpayment and S$40,600 Buyer's Stamp Duty.
Is Balestier Plaza a good investment?⌄
Gross rental yield is about 2.2%, and current asking prices sit about 53% above the most recent transacted PSF; median PSF has risen about 38% since 2011. 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.
Are prices at Balestier Plaza going up?⌄
The median transacted PSF at Balestier Plaza has risen about 38% between 2011 and 2021, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Balestier Plaza freehold or leasehold?⌄
Balestier Plaza is freehold — ownership does not expire.
When was Balestier Plaza built and who developed it?⌄
Balestier Plaza obtained TOP in 1983, developed by HONG LEONG HOLDINGS LTD, with 77 units across 1 block.
How many units are for sale at Balestier Plaza?⌄
There are 9 units for sale at Balestier Plaza, from S$2.00M to S$2.69M.
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.