Balestier Towers
Balestier Towers is a freehold apartment in District 12 (Novena) that obtained TOP in 1991, with 37 units across 1 block. Across 72 transactions on record, units have recently transacted around S$1.55M (S$1,300 psf, ~1,119 sqft).
What are the key facts about Balestier Towers?
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
What is the price and PSF at Balestier Towers?
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.
What has recently sold at Balestier Towers?
Balestier Towers has 72 recorded sales; the most recent transacted at S$1,455,298 in Jul 2014 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Jul 2014 | S$1,455,298 | 1,119 | S$1,300 psf |
| Jul 2014 | S$1,552,200 | 1,109 | S$1,400 psf |
| Jul 2014 | S$1,833,091 | 1,410 | S$1,300 psf |
| Jul 2014 | S$1,455,298 | 1,119 | S$1,300 psf |
| Jul 2014 | S$1,945,034 | 1,496 | S$1,300 psf |
| Jul 2014 | S$1,945,060 | 1,496 | S$1,300 psf |
| Jul 2014 | S$1,287,364 | 990 | S$1,300 psf |
| Jul 2014 | S$1,945,060 | 1,496 | S$1,300 psf |
| Jul 2014 | S$1,455,298 | 1,119 | S$1,300 psf |
| Jul 2014 | S$1,455,298 | 1,119 | S$1,300 psf |
| Jul 2014 | S$1,680,000 | 990 | S$1,696 psf |
| Jul 2014 | S$1,945,060 | 1,496 | S$1,300 psf |
72 sales and 146 rentals on record since Jan 1995. Source: URA.
Are prices at Balestier Towers rising?
The median transacted PSF at Balestier Towers has risen 200% over the past 16 years (1998–2014), from S$434 psf to S$1,300 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2014 | S$1,300 psf | S$1.83M | 36 | +45.6% |
| 2013 | S$893 psf | S$990k | 2 | +23.5% |
| 2010 | S$723 psf | S$820k | 2 | +7.3% |
| 2007 | S$674 psf | S$950k | 4 | +97.7% |
| 2006 | S$341 psf | S$500k | 5 | +5.2% |
| 2004 | S$324 psf | S$460k | 2 | -28.3% |
| 2001 | S$452 psf | S$448k | 2 | -7.6% |
| 2000 | S$489 psf | S$650k | 3 | +21.6% |
| 1999 | S$402 psf | S$450k | 2 | -7.4% |
| 1998 | S$434 psf | S$430k | 2 | — |
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 Towers?
6,316 CEA-registered agents closed at least one recorded deal in District 12 — where Balestier Towers 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.
Where is Balestier Towers and what's nearby?
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.
Who built Balestier Towers and how big is the development?
Balestier Towers was developed by —, with 37 units.
- Blocks
- 1
- Land area
- 1,093 sqm (11,765 sqft)
- Gross floor area
- 3,280 sqm (35,306 sqft)
- Plot ratio
- 3.00
How far is Balestier Towers from MRT and schools?
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
- Novena MRT960 m · ~15 min
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
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Balestier Towers have?
Balestier Towers has 4 facilities, including Covered car park, 24 hours security, Squash court, Swimming pool.
What does it cost to own a unit at Balestier Towers?
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
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 Towers? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Balestier Towers's own transactions.
PropKakiRecent units at Balestier Towers sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Balestier Towers
How much does a unit at Balestier Towers cost?⌄
Units at Balestier Towers have recently transacted around S$1.55M (S$1,300 psf), from 72 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 Towers?⌄
For a unit around S$1.55M as a first home, you'd need roughly S$11,363/mo in income (assessed at the stress-test rate), with repayments near S$5,228/mo after a S$388k (25%) downpayment and S$47,210 Buyer's Stamp Duty.
Is Balestier Towers a good investment?⌄
Gross rental yield is about 1.6%; median PSF has risen about 200% since 1998. 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 Towers going up?⌄
The median transacted PSF at Balestier Towers has risen about 200% between 1998 and 2014, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Balestier Towers freehold or leasehold?⌄
Balestier Towers is freehold — ownership does not expire.
When was Balestier Towers built and who developed it?⌄
Balestier Towers obtained TOP in 1991, with 37 units across 1 block.
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.