District 12 · Novena · RCR
Balestier Point
Balestier Road · Apartment · Freehold
Current PSF
$1,276
-19.8% vs district median
Gross yield
3.0%
median rent $3,750/mo
3-year gain
0.0%
Transactions · 5y
7
3 in last 12 months
Nearest MRT
Novena Mrt Station · 958.725m
NSL
Future MRT
Bright Hill Mrt Station
CRL · 2030
Vs local HDB
-
Area income
$11,500/mo median
commercial zone
En-bloc potential40 / 100
· composite of plot use, age, tenure, value gap & size
Tenanted
100%
units with active leases
Rent momentum
-
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
7%
PSF dispersion within project
The neighbourhood
P1 ring
Hong Wen School 634m · Phase 2C 2.5× balloted · St. Joseph'S Institution Junior 901m · Phase 2C 1.5× balloted - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Bendemeer Secondary School · 960m
Food
Whampoa Drive Blk 91/92 (Whampoa Drive Makan Place/Whampoa Market) · 236m - 3 hawker centres within 1km
Green
Pek Kio Park · 745m
Mall
Zhongshan Mall · 761m
Health
Tan Tock Seng Hospital (hospital) · 464m
Who lives in Novena
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
49,330
Median age
43 yrs
45% under 40 · getting older
Children 0–9
5,060
▲ 1% since 2015 · future P1 demand
Household size
3.1 avg
Homes
44% HDB
39% condo · 16% landed
Degree holders
48%
residents 15+
Commute
48% transit
31% drive
45 min+ to work
16%
Price trend average PSF by year
2021
$1,113
2024
$1,204
+8.2%
2025
$1,253
+4.1%
2026
$1,323
+5.6%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 2BR | $3,200/mo | $2.78 | 2.6% | 23 |
| 3BR | $3,700/mo | $3.22 | 3.0% | 56 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Feb 2026 | $1,680,000 | 1,270 | $1,323 | 06-10 |
| Oct 2025 | $1,900,000 | 1,636 | $1,161 | 06-10 |
| Oct 2025 | $1,520,000 | 1,130 | $1,345 | 11-15 |
| Aug 2024 | $1,650,000 | 1,313 | $1,256 | 06-10 |
| May 2024 | $1,350,000 | 1,173 | $1,151 | 11-15 |
| Sept 2021 | $1,420,000 | 1,313 | $1,081 | 11-15 |
| Aug 2021 | $1,300,000 | 1,173 | $1,108 | 11-15 |
| May 2021 | $1,268,000 | 1,119 | $1,133 | 06-10 |
| Apr 2021 | $1,295,000 | 1,119 | $1,157 | 06-10 |
| Mar 2021 | $1,228,000 | 1,130 | $1,087 | 16-20 |
HomeRadar AIlive
Ask anything about BALESTIER POINT
Grounded in this project’s data - yield, en-bloc, lease, nearby condos.
Sign in with Google to ask · AI-generated from this page’s data - may be inaccurate. Not financial advice.
More in District 12
The HDB blocks next door
The entry point, measured: what the resale flats around Balestier Point actually sell for - this project trades at 2.5× the nearest block’s PSF.