Chepstow Ville

D19 (OCR) 999 yrs lease commencing from 1953

Chepstow Ville is a 999-year leasehold condominium in District 19 (Punggol, Hougang, Serangoon Gardens), within Singapore's Outside Central Region (OCR). Completed in 2010, the development comprises 9 units, on a lease that commenced in 1953. This page tracks recorded sale prices, rental contracts and yield trends from URA data.

District 19 · 999 yrs lease commencing from 1953 · Completed 2010
Avg PSF (12-month)
9Total units
Category Ratings
Facilities
5.0
Unit size & layout
9.5
Value for money
7.0
Neighbourhood
8.0
MRT accessibility
4.5
Lease remaining
9.5

Overview & Key Facts

CHEPSTOW VILLE is a 999 yrs lease commencing from 1953 condominium at CHEPSTOW CLOSE in District 19 (OCR), developed by WENUL DEVELOPMENT PTE LTD, comprising 9 units, completed in 2010.

Developer
WENUL DEVELOPMENT PTE LTD
Tenure
999 yrs lease commencing from 1953
Total units
9
TOP year
2010
District
19 — OCR
Street
CHEPSTOW CLOSE

Location & Connectivity

CHEPSTOW VILLE is approximately 1480m from Kovan MRT station.

MRT stations near CHEPSTOW VILLE
StationLineDistance
KovanNorth-East Line1.5 km

Schools & Education

26 schools within 2 km (8 within 1 km priority zone).

Schools near CHEPSTOW VILLE
SchoolTypeDistance
Xinghua Primary SchoolPrimary270m
Yangzheng Primary SchoolPrimary360m
Serangoon Garden Secondary SchoolSecondary580m
Serangoon Secondary SchoolSecondary590m
Rosyth SchoolPrimary820m
International French School (Singapore)International850m
Xinmin Secondary SchoolSecondary990m
Cedar Primary SchoolPrimary1 km

Market Position

CHEPSTOW VILLE has recorded 2 sales at an average price of $3,233,500.

CHEPSTOW VILLE sits at the 6th percentile of District 19 condo PSF.
Avg PSF (12mo)
$3,233,500
Avg Price
2.0%
Gross Yield
2
Total Sales

Price Appreciation

PSF trend for CHEPSTOW VILLE
YearSalesAvg PSFChange
20231$756 psf
20241$935 psf↑ 23.7%

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Price Index Check

The ShiokNest Price Index for District 19 reads 131.3 as of June 2026 — up 2.8% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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Neighbourhood Comparison

District 19 competitors
CondoTenureAvg PSFSales
CHUAN PARK99 yrs lease commencing from 2024$2,596 psf883
THE FLORENCE RESIDENCES99 yrs lease commencing from 2018$1,752 psf873
RIVERFRONT RESIDENCES99 yrs lease commencing from 2018$1,596 psf648
AFFINITY AT SERANGOON99 yrs lease commencing from 2018$1,699 psf604
SERANGOON GARDEN ESTATEFreehold$1,759 psf491

What Could Work Against You

  • With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 9-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.

Who This Actually Suits

The profile fits families with young children, car-owning households, international school families and long-term hold (10+ yr) best. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

For foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.

It is a weaker fit for yield-focused investors — other options likely serve them better. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

CHEPSTOW VILLE is a 999 yrs lease commencing from 1953 development in District 19 (OCR), with 9 units, offering a gross yield of 2.0%.

Explore the full CHEPSTOW VILLE dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing CHEPSTOW VILLE against staying public? These HDB towns sit within walking or short-drive distance:

  • Serangoon — 4-room average $685,706 (170m away), an upgrader gap of about $2,550,000
  • Hougang — 4-room average $630,510 (940m away), an upgrader gap of about $2,600,000
  • Ang Mo Kio — 4-room average $724,816 (1.4 km away), an upgrader gap of about $2,500,000

FAQ

What is the average PSF for CHEPSTOW VILLE?
PSF data is not yet available.
Is CHEPSTOW VILLE freehold?
CHEPSTOW VILLE has a 999 yrs lease commencing from 1953 tenure.
What is the rental yield for CHEPSTOW VILLE?
The estimated gross yield is 2.0%.
Which MRT is nearest to CHEPSTOW VILLE?
The nearest is Kovan MRT at 1.5 km.

Sources & Next Steps

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
  • Rental data: 5 leases
  • Source: URA

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

Data as of October 2024

Latest recorded data point: Oct 2024 · 2 records analysed · Source: URA private-sale caveats