BALESTIER REGENCY Review

Condo Review 4 min read Last reviewed
District 12 · Freehold · Completed 1990
~$1,390Avg PSF (12-month)
72Total units
Category Ratings
Walkability
5.8
Investment
3.3
En-Bloc Potential
6.1
ShiokNest Score
5.3

Overview & Key Facts

BALESTIER REGENCY is a freehold condominium at JALAN AMPAS in District 12 (RCR), developed by REGION DEVELOPMENT PTE LTD, comprising 72 units, completed in 1990.

Developer
REGION DEVELOPMENT PTE LTD
Tenure
Freehold
Total units
72
TOP year
1990
District
12 — RCR
Street
JALAN AMPAS

Location & Connectivity

BALESTIER REGENCY is approximately 980m from Toa Payoh MRT station, with 4 stations within 1.5 km.

MRT stations near BALESTIER REGENCY
StationLineDistance
Toa PayohNorth-South Line980m
NovenaNorth-South Line1 km
Boon KengNorth-East Line1.3 km
Farrer ParkNorth-East Line1.5 km

Schools & Education

23 schools within 2 km (4 within 1 km priority zone).

Schools near BALESTIER REGENCY
SchoolTypeDistance
Beatty Secondary SchoolSecondary660m
CHIJ Our Lady Queen of PeacePrimary790m
School of Science and TechnologyJc800m
CHIJ Secondary (Toa Payoh)Secondary830m
Balestier Hill Primary SchoolPrimary1 km
Bendemeer Primary SchoolPrimary1.3 km
Bendemeer Secondary SchoolSecondary1.4 km
Farrer Park Primary SchoolPrimary1.4 km

Market Position

BALESTIER REGENCY has recorded 4 sales at an average price of $2,105,972.

BALESTIER REGENCY sits at the 50th percentile of District 12 condo PSF.
$1,390 psf
Avg PSF (12mo)
$2,105,972
Avg Price
2.2%
Gross Yield
4
Total Sales

Price Appreciation

PSF trend for BALESTIER REGENCY
YearSalesAvg PSFYoY
20243$1,440 psf
20251$1,390 psf↓ 3.5%

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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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Neighbourhood Comparison

District 12 competitors
CondoTenureAvg PSFSales
THE ORIE99 yrs lease commencing from 2024$2,730 psf741
EIGHT RIVERSUITES99 yrs lease commencing from 2011$1,649 psf311
GEM RESIDENCES99 yrs lease commencing from 2015$1,843 psf200
TREVISTA99 yrs lease commencing from 2008$1,709 psf149
VERTICUSFreehold$2,126 psf130

What Could Work Against You

  • With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 72-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
  • At 36+ years of age, upkeep costs trend upward and renovation budgets matter; some owners here are effectively holding an en-bloc option.

Who This Actually Suits

The profile fits long-term hold (10+ yr), en-bloc speculators, freehold / generational hold and boutique low-density (<100 units) best. Freehold tenure means no lease-decay drag — well-suited to long-term hold horizons of 10+ years.

For car-owning households, it can work — but weigh the trade-offs before committing.

It is a weaker fit for yield-focused investors — other options likely serve them better. RCR (Rest of Central Region) location with rental demand profile worth running through our Rental Yield Calculator.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

BALESTIER REGENCY is a freehold development in District 12 (RCR), with 72 units, offering a gross yield of 2.2%.

At ~$1,390 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full BALESTIER REGENCY dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing BALESTIER REGENCY against staying public? These HDB towns sit within walking or short-drive distance:

  • Kallang/whampoa — 4-room average $882,887 (250m away), an upgrader gap of about $1,200,000
  • Toa Payoh — 4-room average $929,793 (680m away), an upgrader gap of about $1,200,000
  • Central Area — 4-room average $1,088,814 (1.8 km away), an upgrader gap of about $1,000,000

FAQ

What is the average PSF for BALESTIER REGENCY?
The 12-month average is approximately $1,390 psf.
Is BALESTIER REGENCY freehold?
Yes, BALESTIER REGENCY is a freehold property.
What is the rental yield for BALESTIER REGENCY?
The estimated gross yield is 2.2%.
Which MRT is nearest to BALESTIER REGENCY?
The nearest is Toa Payoh MRT at 980m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 4 transactions
  • Rental data: 83 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of February 2025

Latest recorded data point: Feb 2025 · 4 records analysed · Source: URA private-sale caveats

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