Districts

District 12 Balestier, Toa Payoh, Serangoon rent and sale trends

District market guide

Tracked data 18,531 rental and sale transactions across 126 projects
15,327 rentals 3,204 sales Latest records Jun 2026

D12 market read

Balestier, Toa Payoh, Serangoon is one of the cleaner districts to compare because the data is deep: 15,327 rentals and 3,204 sales.

Use this page to understand the district first, then jump into specific project pages before you price a rent, offer or listing.

  • Typical rent$3,500per month
  • Typical sale$1,638,000$1,769 psf
  • Recent movementRent flatSale PSF +0.3% over last 3 months

D12 market direction

Fast answers for whether the district is getting more expensive, whether volume is moving, and where to look for stable rent or rising activity.

Market direction Mixed / steady

Is D12 getting more expensive?

Rent is flat over the last 3 months. Sale PSF is up 0.3% over the last 3 months. Read this as a district signal, then confirm with specific project pages.

Transaction activity -25.1%

Is volume rising?

Transaction volume is lighter. 1,340 records in the latest 6-month view versus 1,788 in the prior view.

Relative value 13.0% below

Could this district be undervalued?

D12 median sale PSF is below the nearby set (D10, D11, D13). That can be a value signal, but project mix and tenure still matter.

Run D12 numbers

Use the typical D12 rent and sale price as a first pass, then move into project-specific pages before deciding.

All tools

D12 project map

Explore the top 8 projects by transaction depth across rental and sale records.

For renters

Start with the district rent band

$3,350 to $3,550

Rent momentum looks steady. Use this as the opening rent range, then tighten it with the exact project page, unit size and latest contracts.

Estimate only. Condition, furnishing, floor and view can move the real rent.
For buyers

Use PSF comps before chasing

$1,716 to $1,822 psf

Sale PSF is steady. Treat this as the first comparable range, then check nearby projects and recent transactions before making an offer.

Estimate only. URA records do not capture renovation quality, stack, view or urgency.
For sellers and landlords

Price close to recent evidence

Up to $1,700,000

If your unit has a clear advantage, test slightly above the district median. Otherwise, anchor to the project page so the ask does not look disconnected from recent contracts.

Estimate only. The exact project and unit attributes should drive final pricing.

Project discovery in D12

Shortlists that help renters, buyers and owners move faster than scrolling the full directory.

Freehold vs leasehold in D12

Tenure matters most when buying or selling. Rentals still need project-level comps.

D12 has 104 freehold projects and 13 leasehold projects in our project records. For buyers, tenure should be part of the sale comparison because freehold projects can trade differently from newer leasehold projects with more facilities and cleaner recent comparables.

For renters, tenure is mostly background. Rent should still be judged by the exact project, unit size, condition, MRT access, schools and the latest rent data. Use tenure as a buying lens first, not as the main reason to pay more rent.

9 projects still need tenure added, so this mix will improve as we add more project facts.
Freehold 104 projects
12,177 transactions · 65.7% of D12 transactions
Leasehold 7 projects
4,554 transactions · 24.6% of D12 transactions
Long leasehold 6 projects
848 transactions · 4.6% of D12 transactions
Tenure pending 9 projects
952 transactions · 5.1% of D12 transactions

Top projects to explore

Prioritized by transaction depth across rental and sale records. Smaller projects still matter, but they need project-level context.

Project directory in D12

Browse the remaining 118 projects in Balestier, Toa Payoh, Serangoon. Lower-volume projects can be useful, but read them with nearby comps.

Project Tenure Transactions Typical rent Sale PSF Latest record
Non-Landed Housing Development Tenure pending 610 $3,600 - May 2026 Prestige Heights Freehold 441 $2,500 $1,742 psf May 2026 Trellis Towers Freehold 423 $3,800 $1,874 psf May 2026 One Dusun Residences Freehold 413 $3,000 $1,745 psf May 2026 The Arte Freehold 365 $5,600 $1,733 psf May 2026 Cradels Freehold 334 $2,900 $1,665 psf May 2026 Oleander Towers 99-year leasehold from 1995 320 $3,900 $1,394 psf May 2026 Beacon Heights 999-year leasehold from 1882 304 $3,500 $1,439 psf May 2026 Okio Freehold 303 $3,000 $1,751 psf Jun 2026 Skysuites17 Freehold 297 $2,900 $1,804 psf Jun 2026 The Mezzo Freehold 295 $3,500 $1,593 psf May 2026 The Verve Freehold 283 $3,000 $1,377 psf May 2026 Towner Ville Tenure pending 278 $6,125 - May 2026 Verticus Freehold 233 $3,800 $2,147 psf Jun 2026 Domus Freehold 227 $3,700 $1,794 psf May 2026 The Viridian Freehold 227 $3,000 $1,622 psf May 2026 Riverbay 999-year leasehold from 1882 220 $2,600 $1,548 psf Jun 2026 Casa Fortuna Freehold 213 $3,100 $1,535 psf May 2026 Neem Tree Freehold 207 $3,000 $1,779 psf May 2026 Jui Residences Freehold 194 $3,600 $1,937 psf May 2026 De Royale Freehold 189 $4,200 $1,858 psf May 2026 The Riverine by the Park Freehold 180 $5,700 $1,996 psf May 2026 Parc Haven Freehold 177 $3,000 $1,410 psf May 2026 City Suites Freehold 172 $2,900 $1,661 psf May 2026
Showing 24 of 118 projects

D12 FAQ

Quick answers for renters, buyers and owners comparing Balestier, Toa Payoh, Serangoon.

What is the typical rent in D12?

The median monthly rent in D12 is $3,500, based on 15,327 rentals on this district page.

What is the typical sale price in D12?

The median sale price in D12 is $1,638,000, with a median sale PSF of $1,769 psf across 3,204 sales.

Which D12 projects have the most transactions?

Eight Riversuites has the deepest combined rent and sale evidence on this district page, with 1,581 transactions.

Which projects are strongest for rental and sale comparisons in D12?

Eight Riversuites is currently strongest for rental evidence, while The Orie is strongest for sale transaction evidence. Always open the project page before making a final rent or sale comparison.

Is D12 mostly freehold or leasehold?

D12 has 104 freehold projects and 13 leasehold projects in the current project records. Tenure matters most for buying and selling, while rents still need exact project and unit-size comparisons.

How current is the D12 data?

The district page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.

About this district data

How to read D12 rental and sale figures.

District pages combine all tracked private residential projects in the postal district.

Rental figures use recorded monthly rent data and are summarized by month.

Sale figures use private residential sale data, including sale price, PSF and total sale value where available.

Guidance cards are estimates based on district-level medians and trends. They are not financial advice.