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.
What are the key facts about Balestier Point?
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
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$2,561
403 rentals on record
Gross rental yield
2.4%
indicative, gross
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 403 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.
How many property agents are active around Balestier Point?
6,316 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
6,316
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 Point?
Balestier Point has 6 units listed for sale, spanning 2–3-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 2-bedroom | 4 | S$1.23M–S$1.35M | — |
| 3-bedroom | 2 | S$1.60M–S$1.60M | — |
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.
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
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.
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
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 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
How much does a unit at Balestier Point cost?⌄
Units at Balestier Point have recently transacted around S$1.30M (S$1,133 psf), from 109 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 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.
Is Balestier Point a good investment?⌄
Gross rental yield is about 2.4%; median PSF has risen about 90% since 2007. 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 Point going up?⌄
The median transacted PSF at Balestier Point has risen about 90% between 2007 and 2025, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Balestier Point freehold or leasehold?⌄
Balestier Point is freehold — ownership does not expire.
When was Balestier Point built and who developed it?⌄
Balestier Point obtained TOP in 1986, developed by CENTRAL PLAZA DEVELOPMENT PTE LTD, with 68 units across 1 block.
How many units are for sale at Balestier Point?⌄
There are 6 units for sale at Balestier Point, from S$1.23M to S$1.60M.
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.