PropKaki
FreeholdRCRDistrict 12 (Novena)

Balestier Point

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

Balestier Point is a freehold apartment in District 12 (Novena) that obtained TOP in 1986, with 68 units across 1 block. Units have recently transacted around S$1.30M (S$1,133 psf), from 109 sales on record. There are 6 units for sale from S$1.35M to S$1.60M.

1

What are the key facts about Balestier Point?

Key Takeaway

Balestier Point is a freehold apartment in District 12 (Novena) that obtained TOP in 1986, with 68 units across 1 block.

Tenure
Freehold
TOP / Completion
1986
Developer
CENTRAL PLAZA DEVELOPMENT PTE LTD
Total units
68
Blocks
1
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$1,133 psf
Last transacted
Feb 2026
Remaining lease
Freehold
2

What is the price and PSF at Balestier Point?

Key Takeaway

Units have recently transacted around S$1.30M (S$1,133 psf), at a gross rental yield of about 2.3% (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$2,513

399 rentals on record

Gross rental yield

2.3%

indicative, gross

Units currently for sale are asking a median of S$1,529 psf — about 35% above the most recent transacted PSF.

Source: URA caveat data, through Feb 2026.

3

What has recently sold at Balestier Point?

Key Takeaway

Balestier Point has 109 recorded sales; the most recent transacted at S$1,680,000 in Feb 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Feb 2026S$1,680,0001,270S$1,323 psf
Oct 2025S$1,520,0001,130S$1,345 psf
Oct 2025S$1,900,0001,636S$1,161 psf
Aug 2024S$1,650,0001,313S$1,256 psf
May 2024S$1,350,0001,173S$1,151 psf
Sept 2021S$1,420,0001,313S$1,081 psf
Aug 2021S$1,300,0001,173S$1,108 psf
May 2021S$1,268,0001,119S$1,133 psf
Apr 2021S$1,295,0001,119S$1,157 psf
Mar 2021S$1,228,0001,130S$1,087 psf
Nov 2020S$980,000883S$1,110 psf
Jul 2017S$1,000,0001,130S$885 psf

109 sales and 399 rentals on record since Mar 1995. Source: URA.

4

What bedroom types are available at Balestier Point?

Key Takeaway

Balestier Point has 6 units listed for sale, spanning 2–3-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
2-bedroom4S$1.35M–S$1.45MS$1,529 psf
3-bedroom2S$1.60M–S$1.60MS$1,416 psf
5

Where is Balestier Point and what's nearby?

Key Takeaway

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.

6

How far is Balestier Point from MRT and schools?

Key Takeaway

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

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

Mall: Square 2 · 905 mSupermarket: Semper Fidelis Fine Foods Private Limited · 151 mHawker centre: Blks 91/92 Whampoa Drive # · 236 mPark: Pek Kio Park · 778 m

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

7

What facilities does Balestier Point have?

Key Takeaway

Balestier Point has 4 facilities, including Covered car park, Clubhouse, Playground, 24 hours security.

Covered car parkClubhousePlayground24 hours security
8

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

Key Takeaway

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

9

Frequently asked questions about Balestier Point

What is the price at Balestier Point?

Units at Balestier Point have recently transacted around S$1.30M (S$1,133 psf), from 109 sales on record (URA caveat data).

What is the PSF at Balestier Point?

Units for sale at Balestier Point are asking a median of about S$1,529 psf.

Is Balestier Point freehold or leasehold?

Balestier Point is freehold.

When was Balestier Point built?

Balestier Point obtained TOP in 1986, developed by CENTRAL PLAZA DEVELOPMENT PTE LTD.

How many units are for sale at Balestier Point?

There are 6 units for sale at Balestier Point, from S$1.35M to S$1.60M.

What is the rental yield at Balestier Point?

Gross rental yield at Balestier Point is about 2.3%, based on median current rents and prices.

How many units are in Balestier Point?

Balestier Point has 68 units across 1 block.

What facilities does Balestier Point have?

Balestier Point has 4 facilities, including Covered car park, Clubhouse, Playground, 24 hours security.

What is the nearest MRT to Balestier Point?

The nearest MRT/LRT station to Balestier Point is Novena MRT, about 949 m away (~15 min walk).

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 qualify for Primary 1 (P1) registration priority.

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