Gem Residences Condominium
D12 - Balestier/ Toa Payoh
- 1 Lorong 5 Toa Payoh Singapore 319458
- Condo/Apt
Frequently Asked Questions
Yes, particularly for buyers seeking freehold property near the city core at below-prime pricing. Balestier's boutique condos have shown steady capital appreciation over the past decade, supported by limited new land supply and strong proximity to Novena's medical and commercial hub.
PSF broadly ranges from S$1,200 to S$1,900 depending on the development age and floor. Recent transactions include Viio @ Balestier averaging around S$1,883 PSF and Balestier Point at approximately S$1,276 PSF, based on URA data.
Yes — the majority of condos in Balestier are freehold, which is rare for a location this close to the city core. Most are boutique developments of under 100 units, offering more exclusivity than typical large-scale leasehold projects.
The three nearest stations are Novena (NS20), Toa Payoh (NS19), and Boon Keng (NE9). Farrer Park (NE8) is also accessible for some developments along the southern stretch of Balestier Road.
Balestier is known for its late-night supper scene, lighting and renovation showrooms, and heritage shophouses. For condo buyers, it offers freehold tenure, city fringe access, and a grounded neighbourhood feel that newer districts can't replicate.
Frequently transacted projects include Viio @ Balestier, Rocca Balestier, Balestier Regency, and Balestier Point. Most are small freehold developments with strong resale interest from investors and owner-occupiers alike.
Buyers tend to be Singaporeans and PRs seeking freehold property close to the CBD without paying prime district prices. Foreign buyers also make up a notable share, particularly in newer boutique developments with strong rental demand.
Shaw Plaza and Zhongshan Mall provide retail and dining options within walking distance. Whampoa Food Centre is a short drive away, and Square 2 at Novena is accessible within 10 minutes, along with major hospitals at the Novena medical hub.
