Eastpac Building Price Trends 2026: Key Insights
Eastpac Building on Balestier Road in District 12 shows steady price appreciation, with recent sales at around S$1,010 psf and absolute prices from S$1.95M to S$2M for units of 1,981-2,799 sqft. In 2026, expect psf values between S$1,000-S$1,200 based on historical trends and D12 market growth, offering strong value for freehold apartments.[3][6]
This cluster article dives into Eastpac Building Price Trends and Market Analysis, linking back to our comprehensive Eastpac Building D12 guide for units, amenities, and investment details. Homejourney verifies all data to ensure transparency and user safety in your property journey.[6]
Project Overview: Eastpac Building Basics
Eastpac Building is a boutique freehold development completed in 1983 at 586 Balestier Road, Singapore 329898. It features just 7 units in a single 4-storey walk-up block, providing low-density living in the Balestier/Toa Payoh area of D12.[1][4]
Tenure is freehold, a rarity that supports long-term value. Unit sizes range from approximately 1,981 sqft (184 sqm) to 2,799 sqft (260 sqm), ideal for families or investors seeking spacious Singapore condos.[4][6]
Homejourney's verified listings help you explore available units at Eastpac Building with confidence.
Historical Price Trends at Eastpac Building
Sales data reveals consistent growth. In June 2025, a 1,981 sqft unit sold for S$2,000,000 (about S$1,010 psf). Earlier, in June 2020, a larger 2,799 sqft unit transacted at S$1,950,000, indicating psf stability around S$1,000 despite size differences.[6]
Over five years, D12 freehold properties like Eastpac Building have seen 5-7% annual appreciation, driven by proximity to Novena and Toa Payoh amenities. Current market range: S$2.25M at S$1,135 psf for premium units, per recent insights.[4][6]
Disclaimer: Prices fluctuate; always verify latest transactions via Homejourney's projects directory or URA data for accuracy.
Price per Sqft (PSF) Breakdown
| Year | Unit Size (sqft) | Sale Price | PSF |
|---|---|---|---|
| 2025 | 1,981 | S$2M | S$1,010 |
| 2020 | 2,799 | S$1.95M | ~S$697 |
2026 forecast: 5% uplift to S$1,060-S$1,200 psf, aligned with Balestier Road condo prices.[3][6]
Rental Yields and Market Comparison
Rentals at Eastpac Building range from S$4,300-S$5,500 for 2-3 bedroom units (1,000-1,800 sqft) to S$6,000-S$9,000 for larger 3-4 bedroom layouts (2,000-3,000 sqft) in 2026. This yields 4.2% gross, outperforming D12 average of 3.8%.[1][2]
Compared to nearby Novena condos (S$7,000+ for similar space), Eastpac offers better value at S$3.00-3.50 psf rent. Freehold status boosts tenant appeal for long-term leases.[1][2]
| Metric | Eastpac Building | D12 Average |
|---|---|---|
| Rent PSF (3-Bed) | S$3.00-3.50 | S$3.50-4.00 |
| Yield | 4.2% | 3.8% |
For financing, use Homejourney's mortgage calculator to assess affordability.
Location Drives Value: Accessibility and Amenities
Eastpac Building is an 8-minute walk to Novena MRT (North South Line), with easy access to PIE, CTE, and ECP expressways. Proximity to CBD (10-15 mins drive) enhances investment appeal.[1][4]
Nearby: Balestier Market hawker centre (5 mins walk), Zhongshan Mall (10 mins), and schools like Balestier Hill Primary. Healthcare at Mount Elizabeth Novena is nearby.[1]
- Shopping: Velocity@Novena Square
- Schools: CHIJ Toa Payoh Primary (1km)
- Parks: Toa Payoh Town Park
Future uplift from Novena enhancements supports price trends. See related Eastpac Building D12: Units, Prices, Amenities & Investment Guide | Homejourney ">Eastpac Building amenities guide.
Investment Potential and Actionable Steps
Capital appreciation outlook is positive at 5-7% annually, fueled by D12 demand and freehold scarcity. Rental demand from expats and families ensures liquidity.[1][2][6]
Pros: Freehold tenure, low density (7 units), strong yields.
Cons: Walk-up (no lift), older build (1983)—budget for renovations.
Best for: Long-term investors valuing privacy over luxury facilities.
Steps to Invest:
- Browse Eastpac Building listings on Homejourney.
- Analyze trends in project analysis.
- Contact a verified agent via Homejourney.
- Calculate payments with bank rates tool.
- Plan maintenance like Aircon Services ">aircon servicing.
Compare with peers like Cotswold Villas Price Trends 2026: Market Analysis for D13 Buyers ">Cotswold Villas price trends for D13 insights.
FAQ: Eastpac Building Price Trends
What are current Eastpac Building sale prices in 2026?
Expect S$2M-S$2.25M at S$1,010-S$1,200 psf for 2,000+ sqft units, based on 2025 transactions.[3][6]
How do Eastpac Building prices compare to D12 averages?
Competitive at S$1,000+ psf versus higher Novena rates, with superior freehold value.[1][6]
What is the rental yield for Eastpac Building?
Around 4.2%, from S$4,300-S$9,000 monthly rents.[1][2]
Is Eastpac Building a good property investment?
Yes for freehold stability and location; verify with Homejourney data and consult agents.[6]
Where to find verified Eastpac Building transactions?
Exclusively on Homejourney's projects page for transparent, safe insights.
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