Novena vs Bishan: Family Heartland Comparison

Comparison Updated 5 min read
Key Takeaways
  • Novena: 24 condos | Bishan: 18 condos
  • Lower avg PSF: Bishan
  • Higher transaction volume: Bishan
  • Data sourced from URA REALIS and OneMap geospatial database.

Side-by-Side Comparison

Novena vs Bishan
MetricNovenaBishan
Condo Count2418
Avg PSF$1,905 psf$1,483 psf
Median Price$1,983,326$1,704,618
Transaction Volume3681,640
Avg Walkability60.2/10058.3/100
Avg Investment Score52.2/10066.2/100
Avg TOP Year20082006
Avg Gross Yield1.9%2.2%

Price Analysis

$1,905 psf
Novena Avg PSF
$1,483 psf
Bishan Avg PSF

Bishan is the more affordable option, with an average PSF that is $422 psf (24.9%) lower than Novena.

In terms of median transaction price, Bishan also offers a lower entry point at $1,704,618 compared to $1,983,326.

Lifestyle & Accessibility

60.2/100
Novena Walkability
58.3/100
Bishan Walkability

Novena 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.

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Verdict

Bishan wins on price. Novena wins on walkability. Bishan wins on investment score. Bishan wins on rental yield.

Investment Potential

52.2/100
Novena Investment Score
66.2/100
Bishan Investment Score
1.9%
Novena Avg Yield
2.2%
Bishan Avg Yield

Bishan 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, Bishan 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 Novena

Top condos in Novena by transaction volume
CondoAvg PSFTransactionsUnitsTenure
PEAK RESIDENCE$2,489 psf9090Freehold
THOMSON 800$1,779 psf47390Freehold
368 THOMSON$1,825 psf35157
CUBE 8$1,758 psf34177Freehold
SKY@ELEVEN$2,077 psf34273Freehold

Top 5 Condos in Bishan

Top condos in Bishan by transaction volume
CondoAvg PSFTransactionsUnitsTenure
AMO RESIDENCE$2,132 psf38837299 yrs lease commencing from 2021
THE PANORAMA$1,822 psf20669899 yrs lease commencing from 2013
SKY VUE$1,967 psf16669499-year leasehold
THE GARDENS AT BISHAN$1,475 psf14475699 yrs lease commencing from 1997
SKY HABITAT$1,750 psf12050999 yrs lease commencing from 2011
🧮Calculate Total Acquisition Cost

Final Verdict

Novena

Pros & Cons

✓ Strengths

  • Better walkability score (60.2/100)
  • More condos to choose from (24 developments)
  • Newer average stock (avg TOP 2008)

✗ Considerations

  • Higher average PSF ($1,905 psf)
  • Lower average investment score (52.2)
  • Lower gross rental yield (1.9%)

Bishan

Pros & Cons

✓ Strengths

  • More affordable average PSF ($1,483 psf)
  • Higher average investment score (66.2)
  • Higher gross rental yield (2.2%)

✗ Considerations

  • Lower walkability score (58.3/100)
  • Fewer condos available (18 developments)
  • Older average stock (avg TOP 2006)

Frequently Asked Questions

Which is more affordable, Novena or Bishan?
Bishan 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 Novena or Bishan better for families?
Based on walkability scores (which include school and park proximity), Novena 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, Bishan performs better. For overall investment score (combining yield, growth, liquidity), Bishan 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.