District 12 rent and sale trends

Balestier, Toa Payoh, Serangoon Private residential prices, rents and project comparisons.

D12 Market Brief

Read the district signal first, then confirm any rent, offer or asking price against a specific project.

District signals

Market direction Getting pricier

Is D12 getting more expensive?

Rent is up 2.7% over the last 3 months. Sale PSF is up 8.9% over the last 3 months. Read this as a district signal, then confirm with specific project pages.

Transaction activity -27.2%

Is volume rising?

Transaction volume is lighter. 1,189 records in the latest 6-month view versus 1,633 in the prior view.

Relative value 13.6% 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.

Before you decide

For renters $3,350 to $3,550

Start with the district rent band

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

For buyers $1,717 to $1,823 psf

Use PSF comps before chasing

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

For sellers and landlords Up to $1,710,000

Price close to recent evidence

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.

D12 project map

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

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
12,408 transactions · 65.8% of D12 transactions
Leasehold 7 projects
4,629 transactions · 24.5% of D12 transactions
Long leasehold 6 projects
861 transactions · 4.6% of D12 transactions
Tenure pending 9 projects
966 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 618 $3,600 - Jun 2026 Prestige Heights Freehold 453 $2,500 $1,742 psf Aug 2026 Trellis Towers Freehold 427 $3,800 $1,874 psf Jun 2026 One Dusun Residences Freehold 425 $3,000 $1,759 psf Jun 2026 The Arte Freehold 374 $5,600 $1,745 psf Jul 2026 Cradels Freehold 339 $2,900 $1,665 psf Jun 2026 Oleander Towers 99-year leasehold from 1995 324 $3,900 $1,418 psf Jul 2026 Okio Freehold 310 $3,000 $1,748 psf Jul 2026 Beacon Heights 999-year leasehold from 1882 308 $3,500 $1,425 psf Jul 2026 Skysuites17 Freehold 304 $3,000 $1,804 psf Jun 2026 The Mezzo Freehold 302 $3,500 $1,593 psf Jun 2026 The Verve Freehold 286 $3,000 $1,377 psf Jun 2026 Towner Ville Tenure pending 283 $6,100 - Jun 2026 Verticus Freehold 241 $3,800 $2,149 psf Jul 2026 The Viridian Freehold 229 $3,000 $1,622 psf Jun 2026 Domus Freehold 228 $3,700 $1,794 psf Jun 2026 Riverbay 999-year leasehold from 1882 225 $2,600 $1,548 psf Jul 2026 Casa Fortuna Freehold 218 $3,100 $1,535 psf Jun 2026 Neem Tree Freehold 212 $3,000 $1,771 psf Jun 2026 De Royale Freehold 194 $4,200 $1,897 psf Jul 2026 Jui Residences Freehold 194 $3,600 $1,937 psf May 2026 Parc Haven Freehold 181 $3,000 $1,410 psf Jun 2026 The Riverine by the Park Freehold 181 $5,700 $1,996 psf Jun 2026 City Suites Freehold 176 $2,900 $1,613 psf Jul 2026
Showing 24 of 118 projects

Run D12 numbers

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

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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 15,591 rentals on this district page.

What is the typical sale price in D12?

The median sale price in D12 is $1,640,000, with a median sale PSF of $1,770 psf across 3,273 sales.

Which D12 projects have the most transactions?

Eight Riversuites has the deepest combined rent and sale evidence on this district page, with 1,612 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.