Balestier Complex

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

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Sale Price *

Average
S$ 330 psf
Range
S$ 330 - 330 psf

Amenities

3.1
3.1

Convenience

3.7
3.7

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
Balestier Complex is a freehold apartment completed in 1981. The development occupies a land area of 1,243 sqm and a Gross Floor Area of 3,728 sqm. According to records, buyers of this development are Singaporean 80.0%, PR 20.0%, Foreigner 0.0%, Company 0.0%.

BALESTIER COMPLEX is located along Balestier Road in Novena, in District 12. It is accessible through the nearest MRTs including Boon Keng NE9 and Novena NS20.

Based on transaction data in the last 12 months, sale prices range from S$ 330 psf to S$ 330 psf at an average of S$ 330 psf. Its highest recorded transaction was S$ 446 psf in Jun 1997 for a 1,367-sqft unit. Its lowest recorded transaction was S$ 330 psf in Mar 2006 for a 1,453-sqft unit. Other nearby amenities include: 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, HAO MART PTE. LTD., and 3 Shopping Mall(s): Shaw Plaza, Balestier Plaza, Zhongshan Mall.

Buyers and tenants are attracted to District 12, which is comprised of Serangoon, Toa Payoh and Balestier, a combination of areas that has historically quaint townships. Toa Payoh New Town, built by the Housing Development Board (HDB), represents Singapore’s second satellite city after Queenstown. Serangoon is well-served by two MRT lines, including the Circle Line station completed in 2010. Serangoon is also home to Nex, one of the largest shopping malls in the North-East Region of Singapore. Nex is integrated with a bus interchange, and houses a cinema and a public library. As one of Singapore's oldest housing estates, Toa Payoh has benefitted from the government's rejuvenation efforts. It has evolved into a vibrant neighbourhood centreed around HDB Hub, which has both shopping and dining facilities, as well as an air-conditioned bus interchange. Other amenities are Toa Payoh Stadium, Toa Payoh Sports Hall and Toa Payoh Swimming Complex. The Toa Payoh Stadium can sit 3,500 people, and has hosted S.League club games.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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5
"Nice condo with good facilities. Very near city"
R**** D***** R****
Google Review     |   04 Sep 2021
5
"A mixed residential property with full of facilities in it. One of the cheapest free hold property in Balestier Area. 10mins to town."
S*** K*****
Google Review     |   30 Dec 2020
5
"This place is situated along balestier road nearby whompoa market"
C*** L**** C***
Google Review     |   12 Nov 2020
3
"One of the tiniest condos around. But aren't they all in Singapore"
M***** L**
Google Review     |   10 Nov 2020
5
"Lovely development! New and clean among the pool of condominiums around the area. Security and cleaners make extra effort to ensure safety and cleanliness at all time. Close proximity to Whompoa market that sells cheap and good food. Conveniently located with journey to town takes less than 10 min"
B****** K***
Google Review     |   18 Feb 2020
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
No data
Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of BALESTIER COMPLEX

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Date
Area(sqft)
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Purchaser Address
Source

Asking Price of BALESTIER COMPLEX

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
Link
0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of BALESTIER COMPLEX

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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