23 Kim Keat Close 328932, Balestier, Central Region, Singapore
$1,380,000
Marked down price! Good investment opportunity! FREEHOLD Walkup apartment at Kim Keat Close • 3 bedrooms, 1 Utility Room • 1 bathroom, 1 toilet • Built In : 105 sqm • Selling with tenancy till end Mar 2026 (Public listed firm tenant past 14 years since 2011). • Low maintenance fee • Asking $1.38m Rarely available! This freehold walk-up unit in the heart of Kim Keat/Balestier is ideal for investors or future owner-occupiers seeking capital preservation and long-term value. Key Highlights • Freehold tenure – Legacy asset in rejuvenated city fringe • Tenanted selling with tenancy - Providing approx. 3.45% gross rental yield •Spacious layout – Flexible use for home office, studio, or residential •Bright & airy – Natural light with cross ventilation •Low-density walk-up block – Quiet surroundings, no lift crowding Excellent Location • Near Toa Payoh & Novena MRT • Short walk to Zhongshan Mall, Shaw Plaza, Whampoa Market • Surrounded by famous eateries and amenities • Quick access to PIE/CTE and 10 mins to Orchard
D12 - Novena
Boon Keng MRT
2 Blocks
Not available
Kim Keat Close Walk-Up Apartments is a freehold Walkup Apartment located in Novena, District 12. It is within walking distance to MRT stations such as Boon Keng MRT and Novena MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Kim Keat Close Walk-Up Apartments is also close to schools like Mindful Learning & Enrichment @ zanoziwa, The Math Studio and Marthamuthu. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Kwong Choon Medical Hall and FairPrice - Lor Limau for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Family Dental Centre Balestier Dental. Singpost Post Box is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Whampoa Park, to enjoy some fresh air.
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Total Transactions
7
Average Price
S1.3M
Total Value
S8.9M
Calculating fair value from URA transaction data…
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Automated Valuation based on 711 URA transactions · 3 outliers removed (IQR)
Fair Value
S$2.19M
S$1,942 psf
Asking Price
S$1.38M
S$1,221 psf
vs Market
-37.1%
vs Last Done
-40.3%
Tenure
Freehold
No lease decay
Confidence
High
711 comps
Nearest MRT
Boon Keng
1037m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
711 comparable transactions
S$1,636
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.000
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
+2%
Adjusted Fair Value PSF
S$1,942
Recent Comparable Transactions
10 shown · 711 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | MINBU ROAD Floor 26-30 | 807sqft | S$1,650,000 | ▲S$2,044 +5.3% vs FV | Freehold |
Aug 2025 | MINBU ROAD Floor 26-30 | 807sqft | S$1,650,000 | ▲S$2,044 +5.3% vs FV | Freehold |
Aug 2025 | LORONG AMPAS Floor 11-15 | 1,066sqft | S$1,750,000 | ▼S$1,642 -15.4% vs FV | Freehold |
Aug 2025 | BALESTIER ROAD Floor 01-05 | 1,378sqft | S$2,200,000 | ▼S$1,597 -17.8% vs FV | Freehold |
Aug 2025 | LORONG LIMAU Floor 16-20 | 441sqft | S$800,000 | ▼S$1,813 -6.6% vs FV | Freehold |
Aug 2025 | LORONG LIMAU Floor 11-15 | 581sqft | S$980,000 | ▼S$1,686 -13.2% vs FV | Freehold |
Aug 2025 | MANDALAY ROAD Floor 06-10 | 1,066sqft | S$1,800,000 | ▼S$1,689 -13.0% vs FV | Freehold |
Aug 2025 | MANDALAY ROAD Floor 06-10 | 398sqft | S$755,000 | ▼S$1,896 -2.4% vs FV | Freehold |
Aug 2025 | BALESTIER ROAD Floor 26-30 | 1,625sqft | S$1,700,000 | ▼S$1,046 -46.1% vs FV | Freehold |
Aug 2025 | BALESTIER ROAD Floor 06-10 | 420sqft | S$763,000 | ▼S$1,818 -6.4% vs FV | Freehold |
Jul 2025 | BALESTIER ROAD Floor 16-20 | 431sqft | S$760,000 | ▼S$1,765 -9.1% vs FV | Freehold |
MINBU ROAD
Aug 2025 · Floor 26-30
+5.3% vs FV
MINBU ROAD
Aug 2025 · Floor 26-30
+5.3% vs FV
LORONG AMPAS
Aug 2025 · Floor 11-15
-15.4% vs FV
BALESTIER ROAD
Aug 2025 · Floor 01-05
-17.8% vs FV
LORONG LIMAU
Aug 2025 · Floor 16-20
-6.6% vs FV
LORONG LIMAU
Aug 2025 · Floor 11-15
-13.2% vs FV
MANDALAY ROAD
Aug 2025 · Floor 06-10
-13.0% vs FV
MANDALAY ROAD
Aug 2025 · Floor 06-10
-2.4% vs FV
BALESTIER ROAD
Aug 2025 · Floor 26-30
-46.1% vs FV
BALESTIER ROAD
Aug 2025 · Floor 06-10
-6.4% vs FV
BALESTIER ROAD
Jul 2025 · Floor 16-20
-9.1% vs FV
HELIOS AI-Detected Boosters
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.