We track 10 sales and 89 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the BALESTIER POINT dashboard.
- Average sale price: $1,461,100 across 10 transactions
- Estimated gross rental yield: 2.8%
- District 12 PSF ranking: Value tier (top 90%)
- Freehold tenure · RCR · D12 · 68 units
About BALESTIER POINT
BALESTIER POINT is a freehold condominium, located at BALESTIER ROAD in District 12 (Toa Payoh, Serangoon, Balestier) (Rest of Central Region), developed by CENTRAL PLAZA DEVELOPMENT (PTE) LTD, comprising 68 residential units, completed in 1988.
As a freehold property, BALESTIER POINT does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at BALESTIER POINT:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 9 | $1,182 psf | $1,412,333 |
| 4 BR | 1 | $1,161 psf | $1,900,000 |
Sales Market Overview
BALESTIER POINT has recorded 10 sale transactions with an average transaction price of $1,461,100, ranging from $1,228,000 to $1,900,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 5 | $1,113 psf | $1,302,200 | — |
| 2024 | 2 | $1,204 psf | $1,500,000 | ↑ 8.1% |
| 2025 | 2 | $1,253 psf | $1,710,000 | ↑ 4.1% |
| 2026 | 1 | $1,323 psf | $1,680,000 | ↑ 5.6% |
BALESTIER POINT ranks in the top 90% of condos in District 12 by average PSF.
Compared to the RCR average of $2,049 psf, BALESTIER POINT trades 42.4% below the segment benchmark.
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Rental Market Overview
BALESTIER POINT has recorded 89 rental transactions with monthly rents averaging $3,400/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 27 | $3,094/mo | $2,100/mo | $5,500/mo |
| 3 BR | 62 | $3,533/mo | $2,300/mo | $5,300/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 20 | $2,575/mo |
| 2022 | 20 | $2,983/mo |
| 2023 | 15 | $4,007/mo |
| 2024 | 15 | $3,723/mo |
| 2025 | 15 | $4,087/mo |
| 2026 | 4 | $3,550/mo |
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Investment Analysis
Based on average rents and sale prices, BALESTIER POINT delivers an estimated gross rental yield of 2.8%. 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 POINT (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- BALESTIER POINT
- Novena MRT
- Boon Keng MRT
- Farrer Park MRT
- Toa Payoh MRT
- CHIJ Our Lady Queen of Peace
- Beatty Secondary School
- School of Science and Technology
Nearby MRT Stations
BALESTIER POINT is 940m from Novena MRT (North-South Line), with 4 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Novena | NS20 | North-South Line | 940m |
| Boon Keng | NE9 | North-East Line | 1.1 km |
| Farrer Park | NE8 | North-East Line | 1.2 km |
| Toa Payoh | NS19 | North-South Line | 1.2 km |
Nearby Schools
There are 24 schools within 2 km of BALESTIER POINT, including 2 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| CHIJ Our Lady Queen of Peace | Primary | 560m |
| Beatty Secondary School | Secondary | 930m |
| School of Science and Technology | Jc | 1.1 km |
| CHIJ Secondary (Toa Payoh) | Secondary | 1.1 km |
| Farrer Park Primary School | Primary | 1.2 km |
| Bendemeer Primary School | Primary | 1.2 km |
| Balestier Hill Primary School | Primary | 1.3 km |
| Bendemeer Secondary School | Secondary | 1.3 km |
| St. Margaret's Secondary School | Secondary | 1.4 km |
| St. Margaret's Primary School | Primary | 1.4 km |
| Hong Wen School | Primary | 1.6 km |
| New Town Primary School | Primary | 1.7 km |
FAQ
What is the average price for BALESTIER POINT?
What is the rental yield for BALESTIER POINT?
Is BALESTIER POINT 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: 10 transactions analysed
- Rental data: 89 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 POINT
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