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Singapore Property News, Insights and Analysis

Completed 1983

Balestier Plaza

D12 · Balestier / Toa Payoh · 400 Balestier Road

A 77-unit freehold apartment in D12, completed in 1983. Developed by Hong Leong Holdings.

Source: Condo master (URA caveats); URA transactions, Nov 2026

Freehold
Tenure
1983
Completed
77
Units
1.3 km
Novena MRT

What brings you to Balestier Plaza?

Buying here? Get a second opinion. The last recorded sale here was $2M ($1,230 psf) in Apr 2024. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

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Get a second opinion
02 — Prices

Balestier Plaza prices

All sales on record
135
Sales on record
Apr 2024
Latest sale
By bedroom type
Last 3 years
TypeSalesAvg $psfPrice rangeSize
3-Bedroom1 sale$1,230 psf$2M1,625 sq ft

Prices by bedroom type are based on matching sales to unit sizes.

Average $psf by year
In 2024, sales here averaged $1,230 psf, 32% below the D12 average of $1,802 psf for private homes (condos, apartments and ECs).
This condoD12 average
Show as a table
YearThis condoD12 average
2024$1,230$1,802
2021$1,130$1,454
2020$1,066$1,413
2019$1,090$1,363
2018$1,002$1,505
2017$973$1,344
2016$914$1,342
2015$981$1,289
2014$993$1,430
2013$1,034$1,353
2012$887$1,307
2011$836$1,241
Sales by year
75 sales since 2007; the busiest year was 2007 with 18. The 2026 bar covers Jan–Nov.
Show as a table
YearResaleTotal
202600
202500
202411
202300
202200
202122
202044
201922
201844
201755
201611
201533
201433
201344
201277
201144
20101010
200944
200833
20071818
Latest sales
5 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
19 Apr 2024#12-XX1,625 sq ft · 3-Bedroom$2M$1,230 psfResale
7 Apr 2021#16-XX1,367 sq ft$1.61M$1,177 psfResale
30 Mar 2021#09-XX1,625 sq ft · 3-Bedroom$1.76M$1,082 psfResale
4 Nov 2020#04-XX1,367 sq ft$1.29M$943 psfResale
23 Oct 2020#06-XX1,001 sq ft$1.15M$1,147 psfResale
Last 12 monthsNo sales in the last 12 months.

Source: URA caveats, Nov 2026.

03 — Rent

Balestier Plaza rent

Leases starting Sep 2025–Aug 2026
19
Leases
$4,400
Median rent a month

D12 median rent: $3,700 a month; est. gross yield 2.5%.

By bedroom type
TypeLeasesMedian rentMiddle halfD12 median
2-Bedroom9 leases$3,900 median$3,750 – $4,200D12 $3,800
3-Bedroom10 leases$4,800 median$4,300 – $5,050D12 $4,900
Rent and yield compared with nearby condos

Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Unit mix

Balestier Plaza floor plans by bedroom type

11 layouts, from a 1,055 sq ft 2-bedroom to a 1,593 sq ft 3-bedroom. Pick a type to see its floor plans.

Source: Developer floor plans; bedroom counts read by Stacked

05 — Location

Near Balestier Plaza

MRT stations
NS Novena 1.3 km · 15 min walk
NS Toa Payoh 1.4 km · 16 min walk
NE Farrer Park 1.7 km · 20 min walk
NE Boon Keng 1.8 km · 22 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 1 km
Hong Wen SchoolPopular 920 m · 15 min walk
Within 2 km
St. Joseph's Institution Junior 1.0 km · 18 min walk
CHIJ Primary (Toa Payoh)Popular 1.2 km · 19 min walk
Kheng Cheng SchoolPopular 1.3 km · 23 min walk
Pei Chun Public SchoolPopular 1.3 km · 23 min walk
Farrer Park Primary School 1.5 km · 22 min walk
First Toa Payoh Primary School 1.7 km · 30 min walk
Bendemeer Primary School 1.7 km · 28 min walk
St Andrew's School (Junior) 1.8 km · 38 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Park Toa Payoh Town Park 750 m · 9 min
Clinic S Y Lee Clinic 0 m · 1 min
Supermarket FairPrice 90 m · 1 min
Hawker centre Whampoa Drive Makan Place/Whampoa Market 620 m · 7 min
Map of the area around Balestier Plaza, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

06 — Nearby

Condos and supply around Balestier Plaza

New launches within 2 km
The Bronze230 m
Upcoming supply
Dorset Road1.4 km · about 404 units · 1.04 ha Awarded · $14,405 psm GFA · Oct 2025
Lorong 1 Toa Payoh1.5 km · about 735 units · 1.57 ha Awarded · $14,640 psm GFA · Nov 2023
Kitchener Link1.8 km · about 140 units · 0.42 ha Available for application
Peck Hay Road2.3 km · about 299 units · 0.55 ha Awarded · $20,076 psm GFA · Jun 2026

Source: URA transactions; URA land sales; OneMap distances, Nov 2026

07 — From Stacked

Read more about Balestier Plaza

4 more articles mention Balestier Plaza.

Source: Stacked Homes editorial

08 — FAQ

Questions about Balestier Plaza

Is Balestier Plaza freehold?

Yes. Balestier Plaza is a freehold apartment.

When was Balestier Plaza completed?

1983.

How many units does Balestier Plaza have?

77 units.

What sizes are the 2-bedroom units?

1,055 to 1,066 sq ft across three layouts.

When was the last sale?

Apr 2024. There are 135 sales on record.

How much is the rent at Balestier Plaza?

Leases starting Sep 2025–Aug 2026 had a median rent of $4,400 a month ($3,900 for a 2-bedroom and $4,800 for a 3-bedroom).

What is the nearest MRT station?

Novena (NS), a 15-minute walk (1.3 km). Toa Payoh (NS) is 1.4 km away.

Which primary schools are within 1 km?

Hong Wen School, 920 m away.

Who developed Balestier Plaza?

Hong Leong Holdings.

Answers generated from the data on this page, Nov 2026