Balestier 288
Located in District 12 (Toa Payoh, Serangoon, Balestier), Balestier 288 is a freehold condominium in the Rest of Central Region (RCR). Completed in 2004, the development comprises 11 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
BALESTIER 288
Over the 12 months to May 2023, Balestier 288 recorded 1 rental contract at a median $3,200/mo. Source: URA caveat data, as of May 2023.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| May-23 | $1,450,000 | $1,192 psf | 1,216 sqft | 06 to 10 | 3BR |
| Mar-22 | $1,300,000 | $1,069 psf | 1,216 sqft | 01 to 05 | 3BR |
| Jun-21 | $705,000 | $1,129 psf | 624 sqft | 06 to 10 | 1BR |
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.