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Balestier 288

D12RCRCentralNovena
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User ratings for this property
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Balestier 288 offers a freehold address in the heart of Balestier that keeps families within a 1km radius of Hong Wen School 🏫.
Good to know: Located in District 12 with a boutique-style layout featuring only 11 units in total 🏢; Provides convenient access to local food culture along the famous Balestier heritage stretch 🍜.
Practical note: Residents may find the walk to Novena MRT station takes about 17 minutes, so this location best suits those who prefer bus connections or driving for their daily commute 🚌.

< 1km
MRT Station
Near
$1M+ HDB
> 1K
MOPs in Town
100%
Profitable
Mega
Development
< 10y
Property Age
Top 20
Schools
50+
Deals Past Yr

Project Facts

Street
Balestier Road
Developer
N.A.
Property Type
Apartment
Completion
2004
Total Units
-1
Plot Ratio
3.0
Unit Size
624 - 1,948 sqft
Tenure
Freehold
Lease Remaining
Freehold
Postal Sector
32

Nearby Stations

  • Novena957 m MRTMRT
See details on nearby stations

Nearby Primary Schools

  • Hong Wen School540 m
  • St. Joseph'S Institution Junior985 m
See details on nearby schools

Transaction

N.A.
Sold At Launch
57%
HDB Buyers
$15.3M+
Total Transacted
26-12-2003
First Transacted
30-05-2023
Last Transacted
23
Total Transactions

Transaction Volume

Transaction Volume000112009 · Resale: 120092010 · Resale: 120102011 · Resale: 120112012 · Resale: 120122018 · Resale: 120182021 · Resale: 120212022 · Resale: 120222023 · Resale: 12023
New SaleSub SaleResale
100.0%
% Profitable
12
Profitable
0
Unprofitable
4
> 6% Annualized
6.4 yrs
Avg Holding
$2.8M
Total Profits

Annualized Profit %

Annualized Profit %0.0%2.5%5.0%7.5%10.0%2007 · Average Annualized Profit: 7.0%20072010 · Average Annualized Profit: 10.0%20102011 · Average Annualized Profit: 8.8%20112012 · Average Annualized Profit: 6.5%20122018 · Average Annualized Profit: 4.2%20182021 · Average Annualized Profit: 4.1%20212022 · Average Annualized Profit: 2.6%20222023 · Average Annualized Profit: 5.5%2023
View full details

Rental

Past 1 month
$4.92
Avg PSF Rental
1
No. of Rentals
N.A.
Est. Rental Yield

Rental Volume

Rental Volume012342019 · Rentals: 220192020 · Rentals: 320202021 · Rentals: 420212022 · Rentals: 220222023 · Rentals: 220232024 · Rentals: 120242025 · Rentals: 220252026 · Rentals: 12026
View full details
Unit Distribution
TypeUnits%Size
1 BR545.45%624 sqft
1 BR19.09%1,259 sqft
3 BR436.36%1,216 sqft
3 BR Penthouse19.09%1,948 sqft
Profitability by Block
BlockPostal CodeProfitable %Annualized Profit %
288329731100.0%4.9%
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