Property market in Balestier
An analysis of 3,307 private property transactions in Balestier, covering condos, apartments and landed property. Prices, tenure splits, floor-level premiums, rental rates and top developments. All data from URA.
What are property prices in Balestier (D12)?
The median private residential property price in Balestier is S$1.6M, based on 3,307 URA-recorded transactions. Freehold trades at S$1.5M while 99-year leasehold costs S$1.8M, a 18% tenure premium. Balestier sits 6% below the Singapore-wide median of S$1.7M. The most actively traded development is THE ORIE, with 573 transactions.
D12 spans 6 property categories. Apartments lead with 1,782 transactions at a median of S$1.4M. Landed is active too: terrace at S$3.7M, detached at S$1.3M, semi-detached at S$4.2M.
Freehold vs leasehold
Tenure is a defining factor in Balestier's pricing. Freehold trades at a 18% premium, roughly S$335K more in absolute terms. Freehold transactions number 1,773 to leasehold's 1,354.
Floor-level pricing
For condos and apartments, floor level creates a measurable price gradient. Units on 36-40 sell for a median of S$2.4M, while 11-15 sell for S$1.4M, a 69% premium worth roughly S$993K per unit.
Most traded developments
High transaction volume signals an active secondary market with good liquidity. Buyers who may sell within a few years should weight proven resale activity.
What this means for buyers
At S$1.6M, Balestier sits around the Singapore private-market median. You get value and access relative to prime districts.
High floors cost 69% more than low floors. Budget-conscious buyers can save around S$993K by choosing a lower floor in the same development.
Frequently asked questions
What is the average condo price in Balestier (D12)?
The median condominium and apartment price is S$1.6M, based on 3,307 URA-recorded transactions. Prices range widely depending on unit size, tenure and development.
How many property transactions were recorded in Balestier?
URA records show 3,307 private residential transactions in D12, covering apartments, condominiums and landed properties.
What are the most popular developments in Balestier?
By URA transaction volume: THE ORIE (573 transactions, median S$2,568,000), EIGHT RIVERSUITES (324 transactions, median S$1,350,000), GEM RESIDENCES (207 transactions, median S$1,428,888).
What types of property are available in Balestier?
6 categories with recorded transactions: apartment, condominium, terrace, strata terrace, detached, semi-detached. Apartments are the largest segment at 1,782 transactions.
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