District 11 (Novena) vs District 12 (Toa Payoh): City Fringe Comparison

Comparison Updated 6 min read
Key Takeaways
  • District 11 — Novena/Newton: 221 condos | District 12 — Toa Payoh/Balestier: 123 condos
  • Lower avg PSF: District 12 — Toa Payoh/Balestier
  • Higher transaction volume: District 12 — Toa Payoh/Balestier
  • Data sourced from URA REALIS and OneMap geospatial database.

Side-by-Side Comparison

District 11 — Novena/Newton vs District 12 — Toa Payoh/Balestier
MetricDistrict 11 — Novena/NewtonDistrict 12 — Toa Payoh/Balestier
Condo Count221123
Avg PSF$1,838 psf$1,498 psf
Median Price$2,549,778$1,561,791
Transaction Volume3,0483,235
Avg Walkability60.3/10058.2/100
Avg Investment Score52.3/10048.8/100
Avg TOP Year20052006
Avg Gross Yield1.9%2.4%

Price Analysis

$1,838 psf
District 11 — Novena/Newton Avg PSF
$1,498 psf
District 12 — Toa Payoh/Balestier Avg PSF

District 12 — Toa Payoh/Balestier is the more affordable option, with an average PSF that is $340 psf (20.4%) lower than District 11 — Novena/Newton.

In terms of median transaction price, District 12 — Toa Payoh/Balestier also offers a lower entry point at $1,561,791 compared to $2,549,778.

Lifestyle & Accessibility

60.3/100
District 11 — Novena/Newton Walkability
58.2/100
District 12 — Toa Payoh/Balestier Walkability

District 11 — Novena/Newton scores higher on walkability, reflecting better proximity to MRT stations, schools, hawker centres, and other daily amenities. This composite score accounts for seven weighted categories of nearby facilities.

💡
Verdict

District 12 — Toa Payoh/Balestier wins on price. District 11 — Novena/Newton wins on walkability. District 11 — Novena/Newton wins on investment score. District 12 — Toa Payoh/Balestier wins on rental yield.

Investment Potential

52.3/100
District 11 — Novena/Newton Investment Score
48.8/100
District 12 — Toa Payoh/Balestier Investment Score
1.9%
District 11 — Novena/Newton Avg Yield
2.4%
District 12 — Toa Payoh/Balestier Avg Yield

District 11 — Novena/Newton has a higher average investment score, which factors in price momentum, rental yield, liquidity, MRT proximity, lease remaining, and district desirability.

In terms of gross rental yield, District 12 — Toa Payoh/Balestier delivers stronger returns. Note that yields shown are gross (annual rent / price) and do not account for maintenance fees, property tax, or vacancy.

Top Condos in Each Area

Top 5 Condos in District 11 — Novena/Newton

Top condos in District 11 — Novena/Newton by transaction volume
CondoAvg PSFTransactionsUnitsTenure
PULLMAN RESIDENCES NEWTON$3,075 psf287340Freehold
WATTEN HOUSE$3,236 psf179180Freehold
SOLEIL @ SINARAN$1,970 psf9241799 yrs lease commencing from 2006
PEAK RESIDENCE$2,489 psf9090Freehold
AMARYLLIS VILLE$1,899 psf7131199 yrs lease commencing from 1997

Top 5 Condos in District 12 — Toa Payoh/Balestier

Top condos in District 12 — Toa Payoh/Balestier by transaction volume
CondoAvg PSFTransactionsUnitsTenure
THE ORIE$2,730 psf7405299 yrs lease commencing from 2024
EIGHT RIVERSUITES$1,639 psf29684399 yrs lease commencing from 2011
GEM RESIDENCES$1,831 psf19057899 yrs lease commencing from 2015
TREVISTA$1,696 psf14559099 yrs lease commencing from 2008
VERTICUS$2,122 psf128162Freehold
🧮Calculate Total Acquisition Cost

Final Verdict

District 11 — Novena/Newton

Pros & Cons

✓ Strengths

  • Better walkability score (60.3/100)
  • Higher average investment score (52.3)
  • More condos to choose from (221 developments)

✗ Considerations

  • Higher average PSF ($1,838 psf)
  • Lower gross rental yield (1.9%)
  • Older average stock (avg TOP 2005)

District 12 — Toa Payoh/Balestier

Pros & Cons

✓ Strengths

  • More affordable average PSF ($1,498 psf)
  • Higher gross rental yield (2.4%)
  • Newer average stock (avg TOP 2006)

✗ Considerations

  • Lower walkability score (58.2/100)
  • Lower average investment score (48.8)
  • Fewer condos available (123 developments)

Frequently Asked Questions

Which is more affordable, District 11 — Novena/Newton or District 12 — Toa Payoh/Balestier?
District 12 — Toa Payoh/Balestier has a lower average PSF based on historical transaction data. However, affordability depends on unit size, tenure, and specific development. Use our Total Acquisition Cost calculator for a full picture.
Is District 11 — Novena/Newton or District 12 — Toa Payoh/Balestier better for families?
Based on walkability scores (which include school and park proximity), District 11 — Novena/Newton edges ahead. However, school proximity, unit size availability, and community feel all matter. We recommend visiting both areas to assess your specific family needs.
Which area is a better investment?
Investment potential depends on your strategy. For rental yield, District 12 — Toa Payoh/Balestier performs better. For overall investment score (combining yield, growth, liquidity), District 11 — Novena/Newton scores higher. Capital appreciation depends on future developments, government plans, and market conditions.
How current is this comparison data?
This comparison uses all available transaction data from URA and is regenerated periodically. Walkability and investment scores are computed from OneMap geospatial data and property attributes. Specific data freshness is indicated by the freshness badge at the top of the article.

Methodology & Sources

This analysis covers all available transaction data for the compared neighbourhoods and is updated periodically as new URA data is published.

Transaction data sourced from URA.

Median values used to minimize outlier impact. PSF = price per square foot.

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