CHEPSTOW VILLE is a 26-year balance leasehold development along CHEPSTOW CLOSE in District 19 (Hougang / Punggol / Serangoon), part of the OCR segment of Singapore's private residential market. The project comprises 9 units and is TOP 2010.
This profile draws on 2 recorded transactions from URA REALIS to frame the project's character: who actually lives here, who buys here, and where the pricing sits relative to immediate alternatives. For the broader district context, see the Singapore price-heatmap map.
At roughly 16 years from TOP, CHEPSTOW VILLE is in mature-resale territory: a clear track record on capital appreciation, defined renovation and refurbishment cycles, and lease-decay considerations starting to enter the picture (if leasehold).
Within District 19 (Hougang / Punggol / Serangoon), the immediate context for CHEPSTOW VILLE is shaped by the broader URA Master Plan zoning for the area, ongoing or planned infrastructure (MRT extensions, expressway changes, school relocations), and the supply pipeline of nearby launches. See the URA Master Plan 2019 for the precinct-specific land-use overlay before underwriting medium-term capital appreciation.
We track 2 sales and 5 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the CHEPSTOW VILLE dashboard.
- Average sale price: $3,233,500 across 2 transactions
- Estimated gross rental yield: 2.0%
- District 19 PSF ranking: Value tier (top 93%)
- 999 yrs lease commencing from 1953 · OCR · D19 · 9 units
About CHEPSTOW VILLE
CHEPSTOW VILLE is a 999 yrs lease commencing from 1953 condominium, located at CHEPSTOW CLOSE in District 19 (Punggol, Hougang, Serangoon Gardens) (Outside Central Region), developed by WENUL DEVELOPMENT PTE LTD, comprising 9 residential units, completed in 2010.
With approximately 26 years remaining on its 99-year lease, buyers should be aware of significant financing restrictions.
Sales Market Overview
CHEPSTOW VILLE has recorded 2 sale transactions with an average transaction price of $3,233,500, ranging from $3,099,000 to $3,368,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2023 | 1 | $756 psf | $3,368,000 | — |
| 2024 | 1 | $935 psf | $3,099,000 | ↑ 23.7% |
CHEPSTOW VILLE ranks in the top 93% of condos in District 19 by average PSF.
Compared to the OCR average of $1,550 psf, CHEPSTOW VILLE trades 45.5% below the segment benchmark.
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Rental Market Overview
CHEPSTOW VILLE has recorded 5 rental transactions with monthly rents averaging $5,300/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 5 | $5,300/mo | $4,500/mo | $6,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 2 | $5,250/mo |
| 2022 | 1 | $4,800/mo |
| 2024 | 1 | $5,500/mo |
| 2026 | 1 | $5,700/mo |
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Investment Analysis
Based on average rents and sale prices, CHEPSTOW VILLE delivers an estimated gross rental yield of 2.0%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 19
Side-by-side comparison against the most actively traded condos in District 19 (Punggol, Hougang, Serangoon Gardens):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| CHUAN PARK | 99 yrs lease commencing from 2024 | 916 | $2,596 psf | 860 |
| THE FLORENCE RESIDENCES | 99 yrs lease commencing from 2018 | 1410 | $1,746 psf | 844 |
| RIVERFRONT RESIDENCES | 99 yrs lease commencing from 2018 | 1451 | $1,589 psf | 622 |
| AFFINITY AT SERANGOON | 99 yrs lease commencing from 2018 | 1012 | $1,699 psf | 596 |
| SERANGOON GARDEN ESTATE | Freehold | — | $1,735 psf | 462 |
Location Map
Map shows CHEPSTOW VILLE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- CHEPSTOW VILLE
- Kovan MRT
- Xinghua Primary School
- Yangzheng Primary School
- Serangoon Garden Secondary School
Nearby MRT Stations
CHEPSTOW VILLE is 1.5 km from Kovan MRT (North-East Line).
| Station | Code | Line | Distance |
|---|---|---|---|
| Kovan | NE13 | North-East Line | 1.5 km |
Nearby Schools
There are 23 schools within 2 km of CHEPSTOW VILLE, including 7 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Xinghua Primary School | Primary | 270m |
| Yangzheng Primary School | Primary | 360m |
| Serangoon Garden Secondary School | Secondary | 580m |
| Serangoon Secondary School | Secondary | 590m |
| Rosyth School | Primary | 820m |
| Xinmin Secondary School | Secondary | 990m |
| Cedar Primary School | Primary | 1.0 km |
| Cedar Girls' Secondary School | Secondary | 1.1 km |
| Xinmin Primary School | Primary | 1.1 km |
| Bowen Secondary School | Secondary | 1.1 km |
| Townsville Primary School | Primary | 1.3 km |
| Presbyterian High School | Secondary | 1.5 km |
Boutique character. With 9 units, CHEPSTOW VILLE keeps a low-density character — fewer residents per facility, quieter corridors, more curated common spaces. Suits buyers prioritising unit-interior quality and neighbour proximity over deep facilities breadth.
School-belt proximity. Xinghua Primary School sits about 0.27km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Mature streetscape and amenity coverage. The immediate neighbourhood has the daily-living amenity profile of an established residential precinct — hawker centres, supermarkets, clinics, parks within a short walk or drive. The convenience compounds over a hold, even if no single amenity is a headline feature.
MRT is a commute, not a walk. The nearest station is 1.48km away — beyond the 10-minute walking threshold for most tenants. Capital appreciation will track the broader district trend without the MRT-proximity premium. Bus / own-vehicle commuters dominate the catchment.
Lease tenor below 75 years. With roughly 26 years remaining, CPF usage starts to be capped (the 95-year rule reduces utilisation as lease decays), and bank loan tenor compresses correspondingly. The resale buyer pool narrows toward older buyers with shorter horizons.
Thin transaction history. With only 2 recorded sales, comparable-sales analysis is fragile — a single outlier transaction can skew the apparent price level by 5-10%. Triangulate with nearby district comparables rather than rely on within-project averages alone.
District supply pipeline. Non-prime districts are more sensitive to GLS pipeline additions; check the URA Master Plan 2019 confirmed and provisional land sales schedule for the immediate 5-year window. New launches at 10-20% lower PSF can compress secondary-market resale velocity for 18-24 months around their launch dates.
[
{
"persona": "Young couple, first home",
"fit_color": "amber",
"reason": "Lease horizon constrains long-hold optionality"
},
{
"persona": "Family with school-age kids",
"fit_color": "green",
"reason": "Nearby schools support MOE registration priority"
},
{
"persona": "CBD commuter",
"fit_color": "amber",
"reason": "Bus or own-vehicle commute likely required"
},
{
"persona": "Rental investor (yield-focused)",
"fit_color": "red",
"reason": "Thin transaction history makes underwriting fragile"
},
{
"persona": "Foreign professional (expat)",
"fit_color": "amber",
"reason": "Verify tenant-pool depth in immediate catchment"
},
{
"persona": "Long-term hold (10+ yr)",
"fit_color": "amber",
"reason": "Plan exit timing around lease-decay thresholds"
}
]
Composite assessment: CHEPSTOW VILLE sits in an off-MRT-spine pocket where own-vehicle commuting and a narrower tenant pool define the economics. Suits owner-occupiers who prioritise the specific neighbourhood and lifestyle fit over capital-market efficiency. 2 transactions in URA REALIS provide the data foundation for this view.
Suggested holding period for most buyer profiles: 7-12 years with realistic vacancy and re-let cost assumptions. Cross-reference per-bedroom net yield against district comparables via the compare-tool, model monthly cash-flow with the mortgage calculator, and confirm your effective BSD+ABSD cost using the stamp-duty calculator before finalising. This profile is informational; not a personal investment recommendation.
FAQ
What is the average price for CHEPSTOW VILLE?
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Is CHEPSTOW VILLE freehold or leasehold?
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What is the tenure of CHEPSTOW VILLE?
How does CHEPSTOW VILLE compare to other projects in the district?
What stamp duty applies for a foreign buyer of CHEPSTOW VILLE?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 2 transactions analysed
- Rental data: 5 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for CHEPSTOW VILLE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.