We track 3 sales and 85 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the BALESTIER PLAZA dashboard.
- Average sale price: $1,788,963 across 3 transactions
- Estimated gross rental yield: 2.6%
- District 12 PSF ranking: Value tier (top 92%)
- Freehold tenure · RCR · D12 · 77 units
About BALESTIER PLAZA
BALESTIER PLAZA is a freehold condominium, located at BALESTIER ROAD in District 12 (Toa Payoh, Serangoon, Balestier) (Rest of Central Region), developed by HONG LEONG HOLDINGS LTD, comprising 77 residential units, completed in 1985.
As a freehold property, BALESTIER PLAZA does not face lease decay concerns.
Sales Market Overview
BALESTIER PLAZA has recorded 3 sale transactions with an average transaction price of $1,788,963, ranging from $1,608,888 to $2,000,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 2 | $1,129 psf | $1,683,444 | — |
| 2024 | 1 | $1,231 psf | $2,000,000 | ↑ 9.0% |
BALESTIER PLAZA ranks in the top 92% of condos in District 12 by average PSF.
Compared to the RCR average of $2,049 psf, BALESTIER PLAZA trades 43.2% below the segment benchmark.
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Rental Market Overview
BALESTIER PLAZA has recorded 85 rental transactions with monthly rents averaging $3,818/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 28 | $3,368/mo | $2,400/mo | $4,400/mo |
| 3 BR | 57 | $4,039/mo | $2,600/mo | $5,600/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 20 | $3,033/mo |
| 2022 | 17 | $3,329/mo |
| 2023 | 14 | $4,571/mo |
| 2024 | 17 | $3,968/mo |
| 2025 | 14 | $4,507/mo |
| 2026 | 3 | $4,233/mo |
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Investment Analysis
Based on average rents and sale prices, BALESTIER PLAZA delivers an estimated gross rental yield of 2.6%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
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 PLAZA (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- BALESTIER PLAZA
- Toa Payoh MRT
- Novena MRT
- Boon Keng MRT
- Beatty Secondary School
- CHIJ Our Lady Queen of Peace
- School of Science and Technology
Nearby MRT Stations
BALESTIER PLAZA is 870m from Toa Payoh MRT (North-South Line), with 3 stations within 1.5 km.
Nearby Schools
There are 23 schools within 2 km of BALESTIER PLAZA, including 4 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Beatty Secondary School | Secondary | 640m |
| CHIJ Our Lady Queen of Peace | Primary | 780m |
| School of Science and Technology | Jc | 800m |
| CHIJ Secondary (Toa Payoh) | Secondary | 810m |
| Balestier Hill Primary School | Primary | 1.1 km |
| Pei Chun Public School | Primary | 1.4 km |
| New Town Primary School | Primary | 1.4 km |
| Bendemeer Primary School | Primary | 1.5 km |
| Manjusri Secondary School | Secondary | 1.5 km |
| De La Salle School | Primary | 1.5 km |
| Farrer Park Primary School | Primary | 1.5 km |
| First Toa Payoh Primary School | Primary | 1.5 km |
FAQ
What is the average price for BALESTIER PLAZA?
What is the rental yield for BALESTIER PLAZA?
Is BALESTIER PLAZA 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: 85 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 PLAZA
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 PLAZA against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (310m away), an upgrader gap of about $900,000
- Toa Payoh — 4-room average $929,793 (660m away), an upgrader gap of about $850,000
- Central Area — 4-room average $1,088,814 (1.8 km away), an upgrader gap of about $700,000