Balestier Plaza
Balestier Plaza is a freehold condominium located in District 12 (Toa Payoh, Serangoon, Balestier), part of the Rest of Central Region (RCR). The development was completed in 1985 and comprises 77 units. Sale and rental figures on this page are compiled from URA transaction records.
BALESTIER PLAZA
Over the 12 months to Apr 2024, Balestier Plaza recorded 16 rental contracts at a median $4,450/mo. Source: URA caveat data, as of Apr 2024.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Apr-24 | $2,000,000 | $1,231 psf | 1,625 sqft | 11 to 15 | 4BR |
| Apr-21 | $1,608,888 | $1,177 psf | 1,367 sqft | 16 to 20 | 4BR |
| Mar-21 | $1,758,000 | $1,082 psf | 1,625 sqft | 06 to 10 | 4BR |
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.