Balestier 288 is a freehold apartment located in District 12, which encompasses the Toa Payoh and Balestier areas. The freehold status provides long-term ownership security compared to leasehold alternatives in the same district.

A 1,216 sqft unit was sold for $1,450,000 at $1,192 psf in May 2023, which is an increase from the $1,300,000 price tag recorded for a similar-sized unit in March 2022. This indicates a capital appreciation of $150,000 for this specific unit size over a 14-month period.

The median price per square foot is $1,129.254 based on recent transaction data. Individual transactions have ranged from a low of $1,069 psf to a high of $1,192 psf.

There have been three recorded transactions between June 2021 and May 2023. These transactions involved unit sizes of 624 sqft and 1,216 sqft.

The most recent transaction for a smaller unit was $705,000 for a 624 sqft apartment in June 2021. This transaction was completed at a unit price of $1,129 psf.

The most recent transaction in May 2023 was $1,450,000, which is $150,000 higher than the median price of $1,300,000. At $1,192 psf, this latest sale represents the upper end of the recorded price range for the development.