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$1.48M to S$2.69M.
| Tenure | Freehold |
|---|---|
| TOP year | 1983 |
| Developer | HONG LEONG HOLDINGS LTD |
| Units | 77 in 1 block |
| District and area | District 12 · Novena · RCR |
| Nearest MRT | Toa Payoh MRT, 830 m (~13 min walk) |
| Latest median psf | S$1,046 psf, last 12 URA caveats to Apr 2024 |
What's for sale and for rent at Balestier Plaza?
Balestier Plaza has 9 units listed for sale, asking S$1.48M to S$2.69M (median S$1,655 psf), and 17 units for rent at a median of S$1,300 a month.
For sale
9 listings
S$1.48M – S$2.69M
For rent
17 listings
S$1,000 – S$5,000 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 2-bedroom | 2 | S$1.48M–S$1.48M | — |
| 3-bedroom | 4 | S$2.00M–S$2.50M | — |
| 4-bedroom | 3 | S$2.69M–S$2.69M | S$1,655 psf |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Balestier Plaza?
Floor plans for Balestier Plaza aren't in PropKaki's library yet. Across 135 URA caveats, units range from 1,001 sqft to 1,625 sqft, and the middle half are 1,023 sqft to 1,625 sqft.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 2-bedroom | 1,023 sqft | S$1.48M |
| 3-bedroom | 1,367 sqft to 1,625 sqft | S$2.00M |
| 4-bedroom | 1,625 sqft | S$2.69M · S$1,655 psf |
Check the Floor Plan Finder for Balestier Plaza →
Unit sizes from URA caveats. Listed sizes from current property listings.
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$2,615
442 rentals on record
Gross rental yield
2.2%
indicative, gross
Units currently for sale are asking a median of S$1,655 psf — about 58% 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 442 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.
Is Balestier Plaza a good investment?
Of 69 units at Balestier Plaza that were bought and later resold (bought from 1995, resold up to 2021), 81% sold for more than they were bought for, with a median gain of 27% over a median 5.4-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.2%. Units listed now ask about 58% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Sold for more than bought
81%
of 69 resales here
Median gain
27%
gross, before costs
Median hold
5.4 years
bought to resold
Every unit at Balestier Plaza with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →
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.
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.
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
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
How many property agents are active around Balestier Plaza?
6,318 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
6,318
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.
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
Is Balestier Plaza freehold?⌄
Yes. Balestier Plaza is freehold, so ownership does not run out.
How old is Balestier Plaza?⌄
Balestier Plaza was completed (obtained TOP) in 1983, so it is about 43 years old.
Is Balestier Plaza a good investment?⌄
Of 69 units at Balestier Plaza that were bought and later resold (bought from 1995, resold up to 2021), 81% sold for more than they were bought for, with a median gain of 27% over a median 5.4-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.2%. Units listed now ask about 58% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Is Balestier Plaza an EC?⌄
No. Balestier Plaza is a private apartment development, not an executive condominium (EC).
Who is the developer of Balestier Plaza?⌄
Balestier Plaza was developed by HONG LEONG HOLDINGS LTD.
What is the price of a condo at Balestier Plaza?⌄
Units at Balestier Plaza have recently sold for around S$1.40M (S$1,046 psf), the median of the last 12 URA caveats to Apr 2024. The price depends on size, floor and facing. 9 units are listed for sale from S$1.48M to S$2.69M.
Where is Balestier Plaza located?⌄
Balestier Plaza is at 400 Balestier Road, Singapore 329802, in Novena (District 12). The nearest MRT station is Toa Payoh MRT, about 830 m away.
How many units are there in Balestier Plaza?⌄
Balestier Plaza has 77 units in 1 block.
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.
Are prices at Balestier Plaza going up?⌄
The median price per square foot at Balestier Plaza has risen about 38% between 2011 and 2021, based on URA caveats. The year-by-year figures are in the price-trend table above.
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 get priority in Primary 1 (P1) registration.