District Comparison
Balestier (D12) vs Raffles Place (D01)
Side-by-side property market comparison based on URA transaction records. Condo prices, transaction volumes, tenure analysis, and top developments.
S$1.6M
D12 median
S$2.0M
D01 median
-20%
price difference
4,720
combined transactions
Balestier (D12) and Raffles Place (D01) are two of Singapore's 28 postal districts, each with distinct property market characteristics. Raffles Place is 20% more expensive than Balestier based on median condo transaction prices from URA records. Balestier is the more active market with 3,070 recorded transactions. This comparison is based on actual URA transaction data, not listing prices.
Price and volume comparison
| Metric | D12 Balestier | D01 Raffles Place | Diff |
|---|---|---|---|
| Median condo price | S$1.6M | S$2.0M | -20% |
| Total transactions | 3,070 | 1,650 | +86% |
| Average price | S$1.6M | S$2.0M | -20% |
| Min price | S$520K | S$500K | +4% |
| Max price | S$222.2M | S$47.3M | +369% |
| Freehold median | S$1.5M | S$1.3M | +13% |
| 99-yr leasehold median | S$1.8M | S$2.0M | -7% |
| Avg rental PSF | S$6.32 psf | S$6.49 psf | -3% |
D12 Balestier - property types
D01 Raffles Place - property types
Top developments in Balestier
THE ORIE
LORONG 1 TOA PAYOH - S$2.5M median - 570 sales
EIGHT RIVERSUITES
WHAMPOA EAST - S$1.3M median - 296 sales
GEM RESIDENCES
LORONG 5 TOA PAYOH - S$1.4M median - 189 sales
TREVISTA
LORONG 3 TOA PAYOH - S$1.9M median - 142 sales
VERTICUS
JALAN KEMAMAN - S$1.5M median - 125 sales
Top developments in Raffles Place
ONE MARINA GARDENS
MARINA GARDENS LANE - S$2.0M median - 524 sales
THE SAIL @ MARINA BAY
MARINA BOULEVARD - S$1.6M median - 260 sales
MARINA ONE RESIDENCES
MARINA WAY - S$1.8M median - 195 sales
UNION SQUARE RESIDENCES
HAVELOCK ROAD - S$2.3M median - 139 sales
ONE SHENTON
SHENTON WAY - S$1.8M median - 99 sales
Floor-level price premium
How prices change by storey level in each district.
D12 Balestier
D01 Raffles Place
Active agents in Balestier
More district comparisons
All data from URA (Urban Redevelopment Authority) transaction records. Prices are based on actual completed transactions, not listing or asking prices. This comparison is for informational purposes only and does not constitute investment advice.