Balestier Point
Balestier Point is a freehold apartment in District 12 (Novena) that obtained TOP in 1986, with 68 units across 1 block. Across 109 transactions on record, units have recently transacted around S$1.30M (S$1,133 psf, ~1,130 sqft). There are 6 units for sale from S$1.23M to S$1.60M.
| Tenure | Freehold |
|---|---|
| TOP year | 1986 |
| Developer | CENTRAL PLAZA DEVELOPMENT PTE LTD |
| Units | 68 in 1 block |
| District and area | District 12 · Novena · RCR |
| Nearest MRT | Novena MRT, 949 m (~15 min walk) |
| Latest median psf | S$1,133 psf, last 12 URA caveats to Feb 2026 |
What's for sale and for rent at Balestier Point?
Balestier Point has 6 units listed for sale, asking S$1.23M to S$1.60M (median S$1,393 psf), and 10 units for rent at a median of S$4,500 a month.
For sale
6 listings
S$1.23M – S$1.60M
For rent
10 listings
S$1,198 – S$4,800 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 2-bedroom | 4 | S$1.23M–S$1.25M | S$1,393 psf |
| 3-bedroom | 2 | S$1.60M–S$1.60M | — |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Balestier Point?
Floor plans for Balestier Point aren't in PropKaki's library yet. Across 109 URA caveats, units range from 883 sqft to 4,058 sqft, and the middle half are 1,130 sqft to 1,270 sqft.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 2-bedroom | 883 sqft | S$1.23M · S$1,393 psf |
| 3-bedroom | 1,130 sqft | S$1.60M |
Check the Floor Plan Finder for Balestier Point →
Unit sizes from URA caveats. Listed sizes from current property listings.
What is the price and PSF at Balestier Point?
Units have recently transacted around S$1.30M (S$1,133 psf), at a gross rental yield of about 2.4% (URA caveat data).
Recent median price
S$1.30M
recent · 109 sales on record
Median PSF
S$1,133 psf
recent transactions
Median rent (monthly)
S$2,562
405 rentals on record
Gross rental yield
2.4%
indicative, gross
Units currently for sale are asking a median of S$1,393 psf — about 23% above the most recent transacted PSF.
Source: URA caveat data, through Feb 2026.
What has recently sold at Balestier Point?
Balestier Point has 109 recorded sales; the most recent transacted at S$1,680,000 in Feb 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Feb 2026 | S$1,680,000 | 1,270 | S$1,323 psf |
| Oct 2025 | S$1,520,000 | 1,130 | S$1,345 psf |
| Oct 2025 | S$1,900,000 | 1,636 | S$1,161 psf |
| Aug 2024 | S$1,650,000 | 1,313 | S$1,256 psf |
| May 2024 | S$1,350,000 | 1,173 | S$1,151 psf |
| Sept 2021 | S$1,420,000 | 1,313 | S$1,081 psf |
| Aug 2021 | S$1,300,000 | 1,173 | S$1,108 psf |
| May 2021 | S$1,268,000 | 1,119 | S$1,133 psf |
| Apr 2021 | S$1,295,000 | 1,119 | S$1,157 psf |
| Mar 2021 | S$1,228,000 | 1,130 | S$1,087 psf |
| Nov 2020 | S$980,000 | 883 | S$1,110 psf |
| Jul 2017 | S$1,000,000 | 1,130 | S$885 psf |
109 sales and 405 rentals on record since Mar 1995. Source: URA.
Are prices at Balestier Point rising?
The median transacted PSF at Balestier Point has risen 90% over the past 18 years (2007–2025), from S$610 psf to S$1,161 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2025 | S$1,161 psf | S$1.52M | 2 | +0.9% |
| 2024 | S$1,151 psf | S$1.35M | 2 | +3.9% |
| 2021 | S$1,108 psf | S$1.29M | 5 | +25.2% |
| 2017 | S$885 psf | S$1.00M | 2 | +13.2% |
| 2014 | S$782 psf | S$950k | 2 | -8.6% |
| 2012 | S$856 psf | S$1.40M | 3 | -2.9% |
| 2011 | S$882 psf | S$1.00M | 7 | +18.7% |
| 2010 | S$743 psf | S$828k | 5 | +20.6% |
| 2009 | S$616 psf | S$690k | 9 | +1.0% |
| 2007 | S$610 psf | S$689k | 3 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
Is Balestier Point a good investment?
Of 55 units at Balestier Point that were bought and later resold (bought from 1995, resold up to 2026), 71% sold for more than they were bought for, with a median gain of 26% over a median 6.5-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.4%. Units listed now ask about 23% 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
71%
of 55 resales here
Median gain
26%
gross, before costs
Median hold
6.5 years
bought to resold
Every unit at Balestier Point 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 Point and what's nearby?
Balestier Point is located in Novena, in the Central Region of Singapore.
Balestier Point is a freehold apartment completed in 1986. It was developed by CENTRAL PLAZA DEVELOPMENT PTE LTD. The development has 68 residential units. It sits on a land area of 6,126 sqm and has a gross floor area of 18,378 sqm. The plot ratio is 3.0.
BALESTIER POINT is located at 279 Balestier Road, Singapore 329727. 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 Novena MRT, approximately 949m 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. Facilities in the development include Covered car park, Clubhouse, Playground, and 24 hours security.
How far is Balestier Point from MRT and schools?
The nearest MRT/LRT to Balestier Point is Novena MRT, about 949 m away (~15 min walk). 3 schools are within 1 km, including 2 primary schools.
Getting around
- Novena MRT949 m · ~15 min
Schools nearby
Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Northlight SchoolSecondary schoolwithin 1 km585 m
- Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority634 m
- St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority910 m
- Bendemeer Secondary SchoolSecondary school1.0 km
- Farrer Park Primary SchoolPrimary school1.2 km
- Chij Secondary (Toa Payoh)Secondary school1.4 km
- Bendemeer Primary SchoolPrimary school1.5 km
- Chij Primary (Toa Payoh)Primary school1.6 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
Who built Balestier Point and how big is the development?
Balestier Point was developed by CENTRAL PLAZA DEVELOPMENT PTE LTD, with 68 units.
- Developer
- CENTRAL PLAZA DEVELOPMENT PTE LTD
- Blocks
- 1
- Land area
- 6,126 sqm (65,940 sqft)
- Gross floor area
- 18,378 sqm (197,819 sqft)
- Plot ratio
- 3.00
What facilities does Balestier Point have?
Balestier Point has 4 facilities, including Covered car park, Clubhouse, Playground, 24 hours security.
What does it cost to own a unit at Balestier Point?
Buying a unit at Balestier Point (~S$1.30M) needs about S$9,516/mo in income and S$4,378/mo in repayments, after S$36,600 stamp duty and a S$325k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.30M) 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$36,600
BSD, tiered
Downpayment (25%)
S$325k
cash + CPF
Monthly instalment
S$4,378/mo
30y @ 3.5%
Income required
S$9,516/mo
TDSR @ stress rate
How many property agents are active around Balestier Point?
6,318 CEA-registered agents closed at least one recorded deal in District 12 — where Balestier Point 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 Point? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Balestier Point's own transactions.
PropKakiRecent units at Balestier Point sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Balestier Point
Is Balestier Point freehold?⌄
Yes. Balestier Point is freehold, so ownership does not run out.
How old is Balestier Point?⌄
Balestier Point was completed (obtained TOP) in 1986, so it is about 40 years old.
Is Balestier Point a good investment?⌄
Of 55 units at Balestier Point that were bought and later resold (bought from 1995, resold up to 2026), 71% sold for more than they were bought for, with a median gain of 26% over a median 6.5-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.4%. Units listed now ask about 23% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Is Balestier Point an EC?⌄
No. Balestier Point is a private apartment development, not an executive condominium (EC).
Who is the developer of Balestier Point?⌄
Balestier Point was developed by CENTRAL PLAZA DEVELOPMENT PTE LTD.
What is the price of a condo at Balestier Point?⌄
Units at Balestier Point have recently sold for around S$1.30M (S$1,133 psf), the median of the last 12 URA caveats to Feb 2026. The price depends on size, floor and facing. 6 units are listed for sale from S$1.23M to S$1.60M.
Where is Balestier Point located?⌄
Balestier Point is at 279 Balestier Road, Singapore 329727, in Novena (District 12). The nearest MRT station is Novena MRT, about 949 m away.
How many units are there in Balestier Point?⌄
Balestier Point has 68 units in 1 block.
How much do I need to earn to buy at Balestier Point?⌄
For a unit around S$1.30M as a first home, you'd need roughly S$9,516/mo in income (assessed at the stress-test rate), with repayments near S$4,378/mo after a S$325k (25%) downpayment and S$36,600 Buyer's Stamp Duty.
Are prices at Balestier Point going up?⌄
The median price per square foot at Balestier Point has risen about 90% between 2007 and 2025, 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 Point?⌄
Hong Wen School, St. Joseph's Institution Junior are within 1 km of Balestier Point. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.