PropertyNet Data · Private Condo · RCR

District 12 Condo Prices

Balestier, Toa Payoh, Serangoon Road. Resale and new launch psf, prices by unit size and tenure, rents, yields and landed prices from URA caveats, Oct 2025 to Sep 2026. Refreshed on the 2nd of every month.

Non-landed resale in District 12 (Balestier, Toa Payoh, Serangoon Road) sold for a median $1,748 psf over 363 caveats, Oct 2025 to Sep 2026 (middle half $1,570 to $1,944 psf). New launches: $2,683 psf over 57 units. A 3-bedroom-size resale unit at 1,100 sq ft works out to about $1,910,000.

Caveats to Sep 2026 · page rebuilt 3 October 2026

$1,748
resale median psf, 363 caveats
$2,683
new launch median psf, 57 units
$1.31M
2-bedroom size resale, 750 sq ft
$1.91M
3-bedroom size resale, 1,100 sq ft

Resale prices by unit size

Size bandTypical ofMedian psfCaveatsWorked price at a typical sizeMedian rent / monthGross yield
up to 600 sq ft1-bedroom$1,76482$880,000 (500 sq ft)$3,000 (791)4.3%
601 to 900 sq ft2-bedroom$1,74897$1,310,000 (750 sq ft)$3,800 (907)3.4%
901 to 1,300 sq ft3-bedroom$1,737131$1,910,000 (1,100 sq ft)$4,900 (708)2.8%
1,301 to 1,800 sq ft4-bedroom$1,77443$2,660,000 (1,500 sq ft)$6,500 (94)2.8%
above 1,800 sq ft5-bedroom and larger$1,31210n/an/a

URA caveats record floor area, not bedroom counts, so the bands are size proxies: up to 600 sq ft is usually a 1-bedroom, 601 to 900 a 2-bedroom, 901 to 1,300 a 3-bedroom. Rents are by actual bedroom count from URA rental contracts. Gross yield = median rent psf x 12 / resale median psf, before maintenance, tax and vacancy.

Freehold against 99-year

TenureResale median psfCaveats
99-year leasehold$1,922124
Freehold / 999-year$1,662239

99-year stock sold for 14% more per sq ft than freehold in this window, usually because the leasehold projects are newer.

Rents

All non-landed units in District 12 rented for a median of $3,700 a month over 2,678 contracts in the 4 quarters to 26Q3 (middle half $3,000 to $4,500).

URA non-landed rental index 2026-Q2: Whole Island +0.4% qoq, +1.8% yoy; Core Central Region +1.2% qoq, +1.9% yoy; Rest of Central Region 0% qoq, +2.2% yoy; Outside Central Region -0.3% qoq, +1.2% yoy

Landed homes

TypeMedian psf of landDeals99-year psf (deals)Freehold psf (deals)
Terrace$2,6198n/a$2,619 (8)
All landed$2,6198

Landed psf is price per sq ft of land area as URA records it (terrace, semi-detached and detached houses on land title; strata landed excluded). It is not comparable with a condo's psf on strata floor area.

HDB towns that upgrade into this district

Town4-room median (deals)Gap to a 3-bedroom-size resale condo here
Kallang/Whampoa$905,000 (280)$1,005,000
Toa Payoh$1,000,000 (381)$910,000
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Questions people ask

What is the average condo psf in District 12?

The median resale price was $1,748 psf across 363 caveats lodged between Oct 2025 to Sep 2026; the middle half of deals fell between $1,570 and $1,944 psf.

How much is a 3-bedroom condo in District 12?

Resale units of 901 to 1,300 sq ft sold for a median $1,737 psf, so a 1,100 sq ft unit works out to about $1,910,000. New launch units are usually more compact, at $2,683 psf.

How much more do new launches cost than resale in District 12?

Developer sales had a median of $2,683 psf against $1,748 psf for resale, a premium of 53%.

What is the rental yield for condos in District 12?

Gross yields by unit size are in the table above (median rent psf x 12 / resale psf, before costs). The median rent for all non-landed units was $3,700 a month over 2,678 contracts.

Where do these figures come from?

PropertyNet.SG computes them every month from URA caveat data (the URA Data Service private residential transactions feed) and URA rental contracts: medians of lodged caveats in a rolling 12-month window, by district, size band and tenure. See the methodology page for the full method.

Source: PropertyNet.SG analysis of URA caveats (non-landed resale and sub-sale, developer sales, landed on land title), Oct 2025 to Sep 2026; rents from URA rental contracts. Medians of lodged caveats; they change as caveats are lodged. Methodology