We track 3 sales and 10 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the BALESTIER 288 dashboard.
- Average sale price: $1,151,667 across 3 transactions
- Estimated gross rental yield: 3.1%
- District 12 PSF ranking: Value tier (top 96%)
- Freehold tenure · RCR · D12 · 11 units
About BALESTIER 288
BALESTIER 288 is a freehold condominium, located at BALESTIER ROAD in District 12 (Toa Payoh, Serangoon, Balestier) (Rest of Central Region), developed by CITY DEVELOPMENT LAND (MKTG AGT-DTZ), comprising 11 residential units, completed in 2004.
As a freehold property, BALESTIER 288 does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at BALESTIER 288:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 1 | $1,129 psf | $705,000 |
| 3 BR | 2 | $1,130 psf | $1,375,000 |
Sales Market Overview
BALESTIER 288 has recorded 3 sale transactions with an average transaction price of $1,151,667, ranging from $705,000 to $1,450,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 1 | $1,129 psf | $705,000 | — |
| 2022 | 1 | $1,069 psf | $1,300,000 | ↓ 5.4% |
| 2023 | 1 | $1,192 psf | $1,450,000 | ↑ 11.5% |
BALESTIER 288 ranks in the top 96% of condos in District 12 by average PSF.
Compared to the RCR average of $2,049 psf, BALESTIER 288 trades 44.9% below the segment benchmark.
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Rental Market Overview
BALESTIER 288 has recorded 10 rental transactions with monthly rents averaging $2,965/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 7 | $2,993/mo | $1,850/mo | $3,600/mo |
| 3 BR | 3 | $2,900/mo | $2,900/mo | $2,900/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 2 | $2,900/mo |
| 2022 | 2 | $2,600/mo |
| 2023 | 2 | $3,550/mo |
| 2024 | 1 | $1,850/mo |
| 2025 | 2 | $3,250/mo |
| 2026 | 1 | $3,200/mo |
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Investment Analysis
Based on average rents and sale prices, BALESTIER 288 delivers an estimated gross rental yield of 3.1%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 12
Side-by-side comparison against the most actively traded condos in District 12 (Toa Payoh, Serangoon, Balestier):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| THE ORIE | 99 yrs lease commencing from 2024 | 52 | $2,730 psf | 740 |
| EIGHT RIVERSUITES | 99 yrs lease commencing from 2011 | 843 | $1,645 psf | 306 |
| GEM RESIDENCES | 99 yrs lease commencing from 2015 | 578 | $1,838 psf | 196 |
| TREVISTA | 99 yrs lease commencing from 2008 | 590 | $1,702 psf | 147 |
| VERTICUS | Freehold | 162 | $2,122 psf | 128 |
Location Map
Map shows BALESTIER 288 (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- BALESTIER 288
- Novena MRT
- Boon Keng MRT
- Farrer Park MRT
- Toa Payoh MRT
- Bendemeer MRT
- CHIJ Our Lady Queen of Peace
- Beatty Secondary School
- School of Science and Technology
Nearby MRT Stations
BALESTIER 288 is 1.0 km from Novena MRT (North-South Line), with 5 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Novena | NS20 | North-South Line | 1.0 km |
| Boon Keng | NE9 | North-East Line | 1.1 km |
| Farrer Park | NE8 | North-East Line | 1.2 km |
| Toa Payoh | NS19 | North-South Line | 1.3 km |
| Bendemeer | DT23 | Downtown Line | 1.5 km |
Nearby Schools
There are 24 schools within 2 km of BALESTIER 288, including 2 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| CHIJ Our Lady Queen of Peace | Primary | 630m |
| Beatty Secondary School | Secondary | 920m |
| School of Science and Technology | Jc | 1.1 km |
| CHIJ Secondary (Toa Payoh) | Secondary | 1.1 km |
| Farrer Park Primary School | Primary | 1.2 km |
| Bendemeer Primary School | Primary | 1.2 km |
| Bendemeer Secondary School | Secondary | 1.2 km |
| Balestier Hill Primary School | Primary | 1.3 km |
| St. Margaret's Secondary School | Secondary | 1.4 km |
| St. Margaret's Primary School | Primary | 1.5 km |
| Hong Wen School | Primary | 1.6 km |
| Stamford Primary School | Primary | 1.7 km |
FAQ
What is the average price for BALESTIER 288?
What is the rental yield for BALESTIER 288?
Is BALESTIER 288 freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 3 transactions analysed
- Rental data: 10 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for BALESTIER 288
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.
New Sale vs Resale Mix
Of the 438 condo transactions recorded in District 12 over the last 12 months, 87% resale, 13% new sale. A resale-heavy mix points to an established market trading on fundamentals; a new-sale-heavy mix means developer launches are setting the price benchmarks.
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Price Index Check
The ShiokNest Price Index for District 12 reads 136.8 as of May 2026 — down 6.2% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Upcoming Supply Pipeline
1 active Government Land Sales site in District 12 could add roughly 335 new units to local supply. Incoming supply of this scale tends to cap short-term price growth in the immediate area but also signals planning confidence in the location.
| Site | Street | Est. units | List | Status |
|---|---|---|---|---|
| Lorong 1 Toa Payoh | — | ~335 | Confirmed | Available |
HDB Alternatives Nearby
Weighing BALESTIER 288 against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (120m away), an upgrader gap of about $250,000
- Toa Payoh — 4-room average $929,793 (830m away), an upgrader gap of about $200,000
- Central Area — 4-room average $1,088,814 (1.5 km away), an upgrader gap of about $50,000