Private Condominium Guide for Balestier
2026 market analysis, pricing trends, and property marketing insights for District 12 — Balestier, Toa Payoh, Serangoon.
Private Condominium Market Overview — Balestier
The private condominium market in Balestier (District 12) sits within Singapore's Rest of Central Region. As of 2026, the median transaction price is $1.8M with a per-square-foot rate of $1,800 PSF, reflecting a +3.0% yoy change in prices compared to the previous year.
Balestier is known for Singapore's first HDB new town, undergoing renewal, central location. The area is served by Toa Payoh MRT, Braddell MRT, Boon Keng MRT on the North-South Line, North-East Line, providing excellent connectivity across Singapore.
Private residential developments with shared facilities like swimming pools, gyms, and security. Condominiums offer a premium lifestyle with full condo facilities and are popular with both locals and foreigners.
About Balestier — District 12
MRT Connectivity
- Toa Payoh MRT North-South Line
- Braddell MRT North-East Line
- Boon Keng MRT North-East Line
Key Amenities
- Toa Payoh Hub
- Toa Payoh Swimming Complex
- Balestier Road shops
Why Property Agents Should Know Balestier
- Singapore's first HDB new town
- undergoing renewal
- central location
- strong resale market
Understanding the private condominium market in Balestier helps agents provide informed advice to buyers and sellers, set realistic price expectations, and create compelling marketing content for listings in District 12.
Private Condominium — Key Facts
| Property Category | Private |
| Typical Size | 500-2,500 sq ft |
| Eligible Buyers | Singapore Citizens, PRs, and Foreigners (with ABSD) |
| Financing | Up to 75% LTV with bank loan |
| MOP / Restrictions | None for private purchases |
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Try PostAI FreeFrequently Asked Questions
The median private condominium price in Balestier is approximately $$1.8M, with a median price per square foot of $1800 PSF. Prices have moved 3.0% year-on-year.
Several new launch condominiums may be available in Balestier. Check with property agents specialising in this area for the latest launches, showflat schedules, and early-bird pricing.
Rental yields for condominiums in Balestier typically range from 2.5% to 4.0% depending on the unit size, age of development, and proximity to MRT stations (Toa Payoh MRT, Braddell MRT).
Yes, foreigners can purchase private condominiums in Balestier. However, they are subject to Additional Buyer's Stamp Duty (ABSD) of 60% for residential properties.
Condominiums in Balestier benefit from Singapore's first HDB new town, undergoing renewal. The area is well-served by North-South Line, North-East Line, making it attractive for both owner-occupiers and investors seeking rental income.