PropKaki
FreeholdRCRDistrict 12 (Novena)

Balestier Towers

Reviewed by Nathan TangUpdated 20 June 2026Data through Jul 2014 (URA)
Quick Summary

Balestier Towers is a freehold apartment in District 12 (Novena) that obtained TOP in 1991, with 37 units across 1 block. Units have recently transacted around S$1.55M (S$1,300 psf), from 72 sales on record.

1

What are the key facts about Balestier Towers?

Key Takeaway

Balestier Towers is a freehold apartment in District 12 (Novena) that obtained TOP in 1991, with 37 units across 1 block.

Tenure
Freehold
TOP / Completion
1991
Developer
Total units
37
Blocks
1
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$1,300 psf
Last transacted
Jul 2014
Remaining lease
Freehold
2

What is the price and PSF at Balestier Towers?

Key Takeaway

Units have recently transacted around S$1.55M (S$1,300 psf), at a gross rental yield of about 1.6% (URA caveat data).

Recent median price

S$1.55M

recent · 72 sales on record

Median PSF

S$1,300 psf

recent transactions

Median rent (monthly)

S$2,100

146 rentals on record

Gross rental yield

1.6%

indicative, gross

Source: URA caveat data, through Jul 2014.

3

What has recently sold at Balestier Towers?

Key Takeaway

Balestier Towers has 72 recorded sales; the most recent transacted at S$1,455,298 in Jul 2014 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2014S$1,455,2981,119S$1,300 psf
Jul 2014S$1,552,2001,109S$1,400 psf
Jul 2014S$1,833,0911,410S$1,300 psf
Jul 2014S$1,455,2981,119S$1,300 psf
Jul 2014S$1,945,0341,496S$1,300 psf
Jul 2014S$1,945,0601,496S$1,300 psf
Jul 2014S$1,287,364990S$1,300 psf
Jul 2014S$1,945,0601,496S$1,300 psf
Jul 2014S$1,455,2981,119S$1,300 psf
Jul 2014S$1,455,2981,119S$1,300 psf
Jul 2014S$1,680,000990S$1,696 psf
Jul 2014S$1,945,0601,496S$1,300 psf

72 sales and 146 rentals on record since Jan 1995. Source: URA.

4

Where is Balestier Towers and what's nearby?

Key Takeaway

Balestier Towers is located in Novena, in the Central Region of Singapore.

Balestier Towers is a freehold apartment completed in 1991. The development has 37 residential units. It sits on a land area of 1,093 sqm and has a gross floor area of 3,280 sqm. The plot ratio is 3.0.

BALESTIER TOWERS is located at 207 Balestier Road, Singapore 329683. 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 960m 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, 24 hours security, Squash court, and Swimming pool.

5

How far is Balestier Towers from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Balestier Towers is Novena MRT, about 960 m away (~15 min walk). 4 schools are within 1 km, including 3 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 km423 m
  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority583 m
  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority841 m
  • Farrer Park Primary SchoolPrimary schoolwithin 1 km · P1 priority975 m
  • Bendemeer Secondary SchoolSecondary school1.0 km
  • Bendemeer Primary SchoolPrimary school1.4 km
  • Chij Secondary (Toa Payoh)Secondary school1.6 km
  • Chij Primary (Toa Payoh)Primary school1.8 km

Shops, food & parks

Mall: Square 2 · 922 mSupermarket: Semper Fidelis Fine Foods Private Limited · 154 mHawker centre: Blks 91/92 Whampoa Drive # · 327 mPark: Pek Kio Park · 617 m

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

6

What facilities does Balestier Towers have?

Key Takeaway

Balestier Towers has 4 facilities, including Covered car park, 24 hours security, Squash court, Swimming pool.

Covered car park24 hours securitySquash courtSwimming pool
7

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

Key Takeaway

Buying a unit at Balestier Towers (~S$1.55M) needs about S$11,363/mo in income and S$5,228/mo in repayments, after S$47,210 stamp duty and a S$388k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.55M) 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$47,210

BSD, tiered

Downpayment (25%)

S$388k

cash + CPF

Monthly instalment

S$5,228/mo

30y @ 3.5%

Income required

S$11,363/mo

TDSR @ stress rate

8

Frequently asked questions about Balestier Towers

What is the price at Balestier Towers?

Units at Balestier Towers have recently transacted around S$1.55M (S$1,300 psf), from 72 sales on record (URA caveat data).

Is Balestier Towers freehold or leasehold?

Balestier Towers is freehold.

When was Balestier Towers built?

Balestier Towers obtained TOP in 1991.

What is the rental yield at Balestier Towers?

Gross rental yield at Balestier Towers is about 1.6%, based on median current rents and prices.

How many units are in Balestier Towers?

Balestier Towers has 37 units across 1 block.

What facilities does Balestier Towers have?

Balestier Towers has 4 facilities, including Covered car park, 24 hours security, Squash court, Swimming pool.

What is the nearest MRT to Balestier Towers?

The nearest MRT/LRT station to Balestier Towers is Novena MRT, about 960 m away (~15 min walk).

Which primary schools are within 1 km of Balestier Towers?

Hong Wen School, St. Joseph's Institution Junior, Farrer Park Primary School are within 1 km of Balestier Towers — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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