How have HDB prices in Balestier changed over time?

Over the 9.8 years from 2016 Q1 to 2026 Q2, the median price per square foot in Balestier changed by +4.5% a year, from $444 to $684.

Does remaining lease affect HDB prices in Balestier?

In Balestier, 4-room flats with 90-99 years of lease remaining resell at $868 per square foot against $510 for those with <50 years, a difference of +70%. Flat type is held fixed because the unconditioned spread is mostly a difference in flat size.

Private property prices per square foot in Balestier

Q: What is the median private resale price per square foot in Balestier?

The median private resale price in Balestier (Novena, Central Region) is S$1,730 per square foot (S$18,600 per square metre), from 210 caveats in the 12 months to August 2026. Over the 9.8 years to 2026 Q2, the HDB median price per square foot here changed by +4.5% a year in cash terms, or +2.5% a year after inflation. HDB resale here runs S$655 per square foot from 157 resales, at a median 4-room price of S$729,444: a separate register, never combined with the private figures.

Q: How many private caveats were recorded in Balestier?

The median private resale price in Balestier (Novena, Central Region) is S$1,730 per square foot (S$18,600 per square metre), from 210 caveats in the 12 months to August 2026. Over the 9.8 years to 2026 Q2, the HDB median price per square foot here changed by +4.5% a year in cash terms, or +2.5% a year after inflation. HDB resale here runs S$655 per square foot from 157 resales, at a median 4-room price of S$729,444: a separate register, never combined with the private figures.

$1,730median private resale per ft², 210 caveats (12 months)

High confidence95% CI $1,680–$1,770 per ft²n = 210 caveats

The median private resale price in Balestier (Novena, Central Region) is S$1,730 per square foot (S$18,600 per square metre), from 210 caveats in the 12 months to August 2026. Over the 9.8 years to 2026 Q2, the HDB median price per square foot here changed by +4.5% a year in cash terms, or +2.5% a year after inflation. HDB resale here runs S$655 per square foot from 157 resales, at a median 4-room price of S$729,444: a separate register, never combined with the private figures.

Private prices in Balestier

Median price per ft²

$655

n = 157 resales

Median resale price

$680,006

median flat 980 ft²

Median lease remaining

57 yrs

of a 99-year lease

4 of 157 resales here crossed $1,000,000 in the last 12 months (2.5%).

How prices are spread in Balestier

p20 $532
p80 $906
95% CI $600–$717

By flat type

Every HDB resale registered here in the last 12 months.

Flat type	Median price per ft²	Transactions behind the figure
3-roommedian $386,500 · 710 ft²	$550/ft²	n = 68
4-roommedian $729,444 · 1,001 ft²	$749/ft²	n = 58
5-roommedian $861,000 · 1,276 ft²	$711/ft²	n = 24
Executivemedian $960,000 · 1,615 ft²	$579/ft²	n = 7

Price by remaining lease, 4-room

Balestier, 4-room resales only, last 36 months. Bands with fewer than eight are not shown.

Years of lease remaining	Median price per ft²	Transactions behind the figure
<50 yearsmedian $500,000	$510/ft²	n = 41
50-59 yearsmedian $568,444	$562/ft²	n = 28
60-69 yearsmedian $680,000	$630/ft²	n = 11
70-79 yearsmedian $640,000	$683/ft²	n = 43
90-99 yearsmedian $869,000	$868/ft²	n = 104

Across these bands the rate falls 41% from $868/ft² at 90-99 years to $510 at <50, on 4-room flats in Balestier.

Price by floor, 4-room

Balestier, 4-room resales only, last 12 months. Bands with fewer than eight are not shown.

Storey band	Median price per ft²	Transactions behind the figure
Floors 4 to 6	$647/ft²	n = 8
Floors 13 to 15	$866/ft²	n = 8
22nd floor and above	$929/ft²	n = 15

Buyers: Where does a price sit?

Ranked against 157 resales in Balestier (12 months).

Resale price

Floor area in ft²

S$680,006 for 1,038 ft² is around the 50th percentile of the 157 resales recorded here.

Sellers: How much is my flat worth?

At the median of S$655 per square foot, over 157 resales (12 months).

A market figure for that size in Balestier, not a valuation of your flat.

Floor area in ft²

S$680,000

middle 60% of resales: S$552,000 to S$940,000 for that size · 157 resales, 12 months

Resales (last 12 months)

157 sales

Resales in Balestier, last 12 months
	Address
Aug 2026	78 Lor Limau	S$990,000	4-room	91 yrs	$985
Aug 2026	104 Whampoa Dr	S$984,888	5-room	71 yrs	$750
Aug 2026	46 Jln Bahagia	S$970,000	3-room	45 yrs	$966
Aug 2026	108 Jln Rajah	S$968,000	Executive	57 yrs	$599
Aug 2026	78 Lor Limau	S$946,000	4-room	91 yrs	$948
Aug 2026	103 Ah Hood Rd	S$918,000	5-room	54 yrs	$723
Aug 2026	78 Lor Limau	S$900,000	4-room	91 yrs	$899
Aug 2026	114 Whampoa Rd	S$890,000	5-room	68 yrs	$626
Aug 2026	116a Jln Tenteram	S$878,000	4-room	90 yrs	$877
Aug 2026	116a Jln Tenteram	S$820,000	4-room	90 yrs	$819
Aug 2026	102 Jln Dusun	S$700,000	5-room	54 yrs	$551
Aug 2026	116b Jln Tenteram	S$680,006	3-room	90 yrs	$938
Aug 2026	112 Whampoa Rd	S$680,000	4-room	67 yrs	$596
Aug 2026	117a Jln Tenteram	S$680,000	3-room	90 yrs	$938
Aug 2026	102 Jln Rajah	S$568,888	4-room	54 yrs	$562
Aug 2026	74 Whampoa Dr	S$418,888	3-room	54 yrs	$590
Aug 2026	74 Whampoa Dr	S$375,000	3-room	54 yrs	$528
Aug 2026	98 Whampoa Dr	S$352,000	3-room	47 yrs	$504
Aug 2026	75 Whampoa Dr	S$345,000	3-room	47 yrs	$493
Jul 2026	42 Jln Bahagia	S$1,000,000	3-room	45 yrs	$788

Median price per ft²

$1,730

95% CI $1,680–$1,770 · n = 210 strata caveats (12 months)

Median price

$1,540,000

n = 210 resale caveats (12 months)

How private prices are spread in Balestier

p20 $1,490
p80 $1,950
95% CI $1,680–$1,770

By property type

Resale only, over the same 12 months. The headline above is condominiums and apartments; executive-condominium and landed rows appear here and are not in it.

Property type	Median price per ft²	Transactions behind the figure
Apartmentmedian $1,410,000	$1,670/ft²	n = 166
Condominiummedian $2,410,000	$1,990/ft²	n = 44

Buyers: Where does a price sit?

Placed on the published percentiles for 210 caveats in Balestier (12 months).

Price

Floor area in ft²

S$1,540,000 for 891 ft² is around the 50th percentile of the 210 caveats recorded here.

Sellers: How much is my home worth?

At the median of S$1,730 per square foot, over 210 caveats (12 months).

A market figure for that size in Balestier, not a valuation of your flat.

Floor area in ft²

S$1,540,000

middle 60% of caveats: S$1,330,000 to S$1,740,000 for that size · 210 caveats, 12 months

Private sales by project in Balestier

1 development with at least ten caveats in the last 12 months.

URA permits derived statistics and not the caveat records, so the private register is published by development rather than sale by sale. Each row is a median across that development’s caveats in the window.

Private sales by project in Balestier, last 12 months
	Tenure				New sale S$/ft²	Details
OkioBalestier Road	Freehold	10	$797,500	$1,780	no launch

Public (HDB) rents in Balestier

Approved HDB rentals in the last 12 months, against resale prices for the same flat type.

Gross yield, 4-room

5.8%

on 77 years of lease remaining

Median rent, 4-room

$3,500/mo

from 95 approved rentals (12 months)

Median resale price, 4-room

$729,444

from 58 resales (12 months)

Rent by flat type

Approved HDB rentals in Balestier over the last 12 months, each flat type against the resale price of the same flat type.

Flat type	Median monthly rent	Gross yield
3-room	$2,800/mo	8.7%
4-room	$3,500/mo	5.8%
5-room	$3,800/mo	too few resales

Private rents in Balestier

Lease contracts lodged with URA in the last 12 months, against resale prices for units of the same floor area.

Gross yield range

n/a

too few lettings and resales in any one size band

Median monthly rent

$3,700/mo

middle 50% $3,000–$4,500 · all sizes, 2,139 contracts (12 months)

Median resale price

$1,540,000

all sizes, 210 resale caveats (12 months)

URA’s own median rent per ft² here is $5.57 for 2026 Q2, from 17 projects.

Rent by unit size

Lease contracts lodged with URA in Balestier over the last 12 months, each size band against the resale price of the same size band.

Unit size	Median monthly rent	Gross yield
30–40 m²	$2,600/mo	too few resales
40–50 m²	$3,000/mo	too few resales
50–60 m²	$3,200/mo	too few resales
60–70 m²	$3,500/mo	too few resales
70–80 m²	$3,800/mo	too few resales
80–90 m²	$4,000/mo	too few resales
90–100 m²	$4,475/mo	too few resales
100–110 m²	$4,600/mo	too few resales
110–120 m²	$4,600/mo	too few resales
120–130 m²	$5,500/mo	too few resales
130–140 m²	$5,600/mo	too few resales
140–150 m²	$5,250/mo	too few lettings and too few resales
150–160 m²	$5,500/mo	too few resales
160–170 m²	$6,800/mo	too few lettings and too few resales
170–180 m²	$6,900/mo	too few lettings and too few resales
180–190 m²	$4,775/mo	too few lettings and too few resales
190–200 m²	$5,200/mo	too few lettings and too few resales
200–210 m²	$5,850/mo	too few lettings and too few resales
210–220 m²	$6,000/mo	too few lettings and too few resales
230–240 m²	$6,100/mo	too few lettings and too few resales
240–250 m²	$9,400/mo	too few lettings and too few resales
270–280 m²	$15,750/mo	too few lettings and too few resales

2,118 of 2,139 contracts are in the rows above. The rest sit in floor-area bands URA publishes wider than 10 m², which cannot be matched to a sale band without folding two sizes into one.

Rent by bedrooms

Lease contracts lodged with URA in Balestier over the last 12 months.

Bedrooms	Median monthly rent	Transactions behind the figure
1 bedroom	$3,000/mo	n = 600
2 bedrooms	$3,800/mo	n = 660
3 bedrooms	$4,800/mo	n = 568
4 bedrooms	$6,700/mo	n = 77

1,905 of 2,139 contracts are in the rows above. 234 carry no bedroom count.

Contains information from the URA Data Service. Private rents and HDB rents are two registers and are never combined; the only figure that spans them is the gross yield, which is a ratio, and even there the assets differ: every HDB flat is a 99-year lease that cannot be let at all during its first five years, while a private unit may be freehold.

Nearby areas

Median price per square foot in comparable areas, each over its own stated window (12 to 24 months).

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HDB resale registrations to August 2026 (hdb registers a resale on completion, weeks after the price is agreed) · how these figures are made

Copy one of these, or adapt it.

Plain text

IndexProp SG, "Property prices in Balestier", dataset 2026-08, https://indexprop.com/sg/property-prices/neighbourhood/balestier. Contains information from HDB Resale Flat Prices accessed from Data.gov.sg and made available under the Singapore Open Data Licence version 1.0. Area boundaries from URA Master Plan 2019, also under SODL 1.0. Private figures are derived statistics from the URA Data Service.

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<a href="https://indexprop.com/sg/property-prices/neighbourhood/balestier">Property prices in Balestier - IndexProp SG</a> (dataset 2026-08). Contains information from HDB Resale Flat Prices (Data.gov.sg, Singapore Open Data Licence v1.0) and derived statistics from the URA Data Service.

The statistics behind this page are also served as JSON: /sg/data/neighbourhoods/balestier.json. Please cache it, and do not crawl it in a loop. Every rule behind these figures is on the methodology page.

Private property prices per square foot in Balestier

Median price per ft²The middle resale price per square foot of 157 transactions in the last 12 months. Each transaction's own price is divided by its own floor area first, then the median is taken over those.

Median resale priceThe middle price paid, before dividing by floor area. It moves with the mix of flat types resold as well as with the market.

Median lease remainingYears left on the 99-year lease at the point of resale. Below roughly 60 years, CPF usage and bank financing both tighten, and the resale market prices that in.

How prices are spread in BalestierEvery resale in Balestier over the last 12 months, on a S$/ft² scale: a taller bar means more at that rate. Sample: 157 resales. The markers are the published statistics over the same window; the counts can differ by a handful at the window edge.

By flat typeHDB’s own flat types, each at its own median rate. A smaller flat usually costs more per square foot and less in total, so the rate and the price move in opposite directions: the rate is the ranked column and the price is a caption beside its type.

Price by remaining lease, 4-roomCPF usage and bank loan-to-value both tighten as the tail shortens, which is why the rate bends decades before the lease ends. Flat type is held fixed: pooled, this would compare short-lease 3-rooms with long-lease 5-rooms and call the mix lease decay.

Price by floor, 4-roomHDB publishes a storey range rather than an exact floor, so these are its own bands. Flat type is held fixed, which makes this a statement about height rather than about what sits on each floor.

Buyers: Where does a price sit?Your price divided by your floor area, ranked against every resale in the window here. It is the same population the spread above is drawn from, so the two can never disagree.

Sellers: How much is my flat worth? Floor area × the median price per square foot in Balestier, over the last 12 months. The band is the same sum at the middle 60%. It knows the area and the size, nothing else: storey, lease and condition are what a valuation is for.

Resales (last 12 months)

Private prices in Balestier

Median price per ft²

Median price

How private prices are spread in BalestierEvery private resale caveat in Balestier over the last 12 months, counted into 56 bands: a taller bar means more caveats at that rate. Published as counts rather than as a list of sales, because URA permits statistics and not the caveats.

By property typeURA’s own property types, each at its own median rate, so a condominium and an apartment are never averaged into one figure. Landed is priced on land area rather than floor area, so it carries no rate and the row says so.

Sellers: How much is my home worth? Floor area × the median price per square foot in Balestier, over the last 12 months. The band is the same sum at the middle 60%. It knows the area and the size, nothing else: floor, facing, tenure and condition are what a valuation is for.

Private sales by project in Balestier

Public (HDB) rents in BalestierHDB approves each subletting of a whole flat and records the rent declared on the application, so these are declared rents rather than registry-verified prices. A rented room is not in this register. A separate register from URA’s, never averaged with it.

Private rents in BalestierURA records every private lease contract lodged with it, so these are contract rents rather than asking prices. Lodging is not compulsory, so the most recent quarter is still filling in. A separate register from HDB’s, never averaged with it.

Rent by unit sizeFloor area is the one key both private registers record, so it is what the yield is matched on, because bedrooms exist on a lease contract and not on a sale caveat. Only exact 10 m² bands are joined; a wider band is left out rather than folded into a narrower one.

Rent by bedroomsURA records a bedroom count on a rental contract but not on a sale caveat, so bedrooms describe renting only and can never be matched to a price. The size table above is the one that carries a yield.

Nearby areas Each trend line is that area’s own quarterly median price per square foot, scaled to its own range: compare directions, not heights. Gaps are quarters with too few resales to publish a median.

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Median price per ft²

Median resale price

Median lease remaining

How prices are spread in Balestier

By flat type

Price by remaining lease, 4-room

Price by floor, 4-room

Buyers: Where does a price sit?

Sellers: How much is my flat worth?

How private prices are spread in Balestier

By property type

Sellers: How much is my home worth?

Public (HDB) rents in Balestier

Private rents in Balestier

Rent by unit size

Rent by bedrooms

Nearby areas