Balestier Complex

Apartment · in Novena, District 12, Singapore · Freehold · Completed 1981

Data through 1 November 2010

Intro: Balestier Complex offers a freehold living option along the vibrant Balestier Road corridor, keeping residents within a one-kilometer radius of Hong Wen School 🏫.
Good to know: Completed in 1981, this development features a mix of apartment layouts including garden villas and penthouses 🏡; The central location keeps you well-connected to various local eateries and amenities throughout the Balestier area 🍜.
Practical note: As this is an older development, residents may find the walk to the nearest MRT stations like Farrer Park or Boon Keng takes a bit longer than at newer city-fringe projects 🚶.

D12RCRCentralNovena

< 1km

MRT Station

Near

$1M+ HDB

> 1K

MOPs in Town

Mega

Development

< 10y

Property Age

100%

Profitable

Top 20

Schools

50+

Deals Past Yr

Balestier Complex project details

Street

Balestier Road

Property Type

Apartment

Completion

1981

Total Units

-1

Plot Ratio

3.0

Unit Size

1,055 - 1,453 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near Balestier Complex

Boon Keng950 m MRTNE9
Farrer Park972 m MRTMRT
Novena984 m MRTMRT

See details on nearby stations

Primary schools near Balestier Complex

Hong Wen School482 m
St. Joseph'S Institution Junior966 m
Farrer Park Primary School1,000 m

See details on nearby schools

Balestier Complex price, PSF and transaction trends

80%

HDB Buyers

$2.6M+

Total Transacted

18-06-1997

First Transacted

30-03-2006

Last Transacted

Total Transactions

Balestier Complex transaction volume

New SaleSub SaleResale

Among the latest 5 recorded sales for Balestier Complex, the median price was S$485,000 and the median PSF was S$398 psf. The newest record shown is from 30 March 2006. The annual project median was 26.0% lower in 2006 than in 1997; unit mix can affect year-to-year comparisons.

Recent Balestier Complex transactions

Date	Sale type	Price	PSF	Size
30 March 2006	Resale	S$480,000	S$330 psf	1,453 sqft
29 July 2002	Resale	S$420,000	S$398 psf	1,055 sqft
1 March 2000	Resale	S$560,000	S$410 psf	1,367 sqft
1 May 1999	Resale	S$485,000	S$355 psf	1,367 sqft
18 June 1997	Resale	S$610,000	S$446 psf	1,367 sqft

Balestier Complex median transaction PSF (S$)

Balestier Complex annual price trend

Year	Median price	Median PSF	Recorded sales
2006	S$480,000	S$330 psf	1
2002	S$420,000	S$398 psf	1
2000	S$560,000	S$410 psf	1
1999	S$485,000	S$355 psf	1
1997	S$610,000	S$446 psf	1

View full details

Balestier Complex rental prices and estimated yield

Past 1 month

No. of Rentals

Among the latest 12 recorded rental contracts for Balestier Complex, the median monthly rent was S$1,650, with records ranging from S$900 to S$3,000.

Recent Balestier Complex rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 November 2010	—	S$3,000	S$2 psf	1200-1300
1 April 2010	—	S$2,100	S$2 psf	1200-1300
1 July 2009	—	S$1,600	S$1 psf	1200-1300
1 June 2008	—	S$2,690	S$2 psf	1200-1300
1 October 2007	—	S$2,500	S$2 psf	1200-1300

Balestier Complex rental volume

View full details

Frequently asked questions about Balestier Complex

How much do units at Balestier Complex cost?

The latest 5 recorded sales show a median price of S$485,000 and a median of S$398 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Balestier Complex?

The latest recorded median monthly rent is S$1,650. Rental yield is indicative and can vary by unit and costs.

Is Balestier Complex freehold or leasehold?

Balestier Complex has a tenure of Freehold.

When was Balestier Complex completed?

Balestier Complex was completed in 1981.

Which MRT or LRT station is nearest to Balestier Complex?

Boon Keng is the nearest station shown, at an estimated straight-line distance of 950 metres.

Which primary schools are near Balestier Complex?

The primary schools shown within the page’s one-kilometre search are Hong Wen School (482 m), St. Joseph'S Institution Junior (966 m), and Farrer Park Primary School (1,000 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 1 November 2010. Figures are indicative and do not constitute financial advice.