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SINGAPORE PROPERTY WEEKLY Issue 312
Location-wise, Bishan is at the northern part 200 metres from the Bishan MRT Station. A
of the central region and is bordered by Ang new MRT station, Bright Hill MRT Station, will
Mo Kio to the north, Toa Payoh to the south, be completed in 2020.
and Serangoon to the east. It has a relatively
Shoppers are able to get their dose of
small population of about 91,000.
shopping and dining at Junction 8, a shopping
Amenities in Bishan centre linked to the Bishan MRT Station.
Thomson Plaza, another shopping centre, is
Bishan is a mature town and has all the
located on Upper Thomson Road.
necessary amenities schools, shopping,
transport, and recreation facilities are readily Bishan also boasts a sports hall, a stadium, a
available. Schools here include Ai Tong swimming complex, as well as a library. The
Primary School, Catholic High School, Bishan-Ang Mo Kio Park is a green lung
Guangyang Secondary School, Bishan Park providing residents a space to exercise and
Secondary School, and Raffles Institution. relax.
The main expressway serving Bishan is the Our Criteria for Shortlisting Condos
Central Expressway (CTE), which links the
The featured condos in this article are those
city centre to the central and northern parts of
developments relatively nearer to the MRT
Singapore. Residents who rely on the MRT
stations. Ive excluded developments which
have access to Bishan and Marymount MRT
are still under construction and which have
stations. A bus interchange is located about
not obtained their T.O.P.
Condo #1 Bishan 8
Figure 1: Bishan 8
Condo #2 - Rafflesia
Comparing the three condos Institution, and for Seasons View, to Catholic
High School.
All the featured condos are very close in age,
as well as in unit sizes. So which one would I choose?
Of the three condos, Bishan 8 is closest to Purely in terms of financial quantum, Seasons
the MRT station, and it also has the most View offers the lowest psf price and is
amenities within walking distance. The relatively near to the MRT station (480
number of transactions over the last twelve metres). However, there is a dearth of
months for all the featured condos are pretty amenities within walking distance. If I had to
similar. In terms of average psf price, at choose, I would probably plump for Bishan 8
$1082, Bishan 8 is the highest, being $71 and due to its convenience in terms of
$92 higher than Rafflesia and Seasons View, transportation and accessibility to amenities.
in that order. Moreover, its location is across the road from
the busy area of Junction 8, so it will not be
While both Rafflesia and Seasons View are
overly noisy or crowded. Based on these
within reasonable walking distance to
positive attributes, it does not command an
Marymount MRT Station (at 400 metres and
excessively high psf premium over the other
480 metres respectively), there are hardly any
two condos.
amenities nearby. The main attraction of
Rafflesia seems to be its proximity to Raffles