Peace Mansion
Peace Mansion is a 99-year leasehold condominium located in District 9 (Orchard, Cairnhill, River Valley), part of the Core Central Region (CCR). The development was completed in 1976 and comprises 42 units, on a lease that commenced in 1970. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
PEACE MANSION is a 99 yrs lease commencing from 1970 condominium at SOPHIA ROAD in District 9 (CCR), developed by KIAN AN REALTY LIMITED, comprising 42 units, completed in 1976.
Location & Connectivity
PEACE MANSION is approximately 430m from Dhoby Ghaut MRT station, with 17 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Dhoby Ghaut | North-South Line | 430m |
| Dhoby Ghaut | North-East Line | 430m |
| Dhoby Ghaut | Circle Line | 430m |
| Bencoolen | Downtown Line | 500m |
| Little India | North-East Line | 520m |
| Little India | Downtown Line | 520m |
Schools & Education
16 schools within 2 km (5 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Singapore Management University | Tertiary | 660m |
| Nanyang Academy of Fine Arts | Tertiary | 690m |
| ACS (Junior) | Primary | 690m |
| LASALLE College of the Arts | Tertiary | 700m |
| School of the Arts | JC | 840m |
| St. Margaret's Secondary School | Secondary | 1.3 km |
| St. Margaret's Primary School | Primary | 1.3 km |
| Fairfield Methodist School (Primary) | Primary | 1.3 km |
Market Position
PEACE MANSION has recorded 1 sale at an average price of $1,740,000.
Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| IRWELL HILL RESIDENCES | 99 yrs lease commencing from 2020 | $2,731 psf | 585 |
| RIVER GREEN | 99 yrs lease commencing from 2024 | $3,139 psf | 494 |
| RIVER MODERN | 99 years leasehold | $3,243 psf | 427 |
| THE AVENIR | Freehold | $3,191 psf | 323 |
| KOPAR AT NEWTON | 99 yrs lease commencing from 2019 | $2,512 psf | 256 |
Lease Analysis
With 43 years remaining on its 99-year lease, buyers should note CPF usage and loan tenure may be restricted.
What Could Work Against You
- With roughly 43 years left on the lease, financing restrictions begin to bite: CPF usage tightens and banks trim loan tenures, which shrinks the future buyer pool.
- Only 0 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
- At 42 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
- Completed in 1976, the development is over 50 years old — budget for rising maintenance, dated M&E systems, and the possibility that value increasingly rests on en-bloc potential rather than the units themselves.
Best suited for
Who This Actually Suits
This is a strong match for mrt-walkable commuters and boutique low-density (<100 units). MRT proximity is the standout commute feature for daily transit users.
tertiary student housing, sea-view / waterfront and en-bloc speculators should treat this as a shortlist candidate, not a default choice.
long-term hold (10+ yr) and cpf-only buyers should probably look elsewhere. Tenure and location resilience suit long-horizon ownership.
Verdict
PEACE MANSION is a 99 yrs lease commencing from 1970 development in District 9 (CCR), with 42 units, offering a gross yield of 2.9%.
Explore the full PEACE MANSION dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing PEACE MANSION against staying public? These HDB towns sit within walking or short-drive distance:
- Central Area — 4-room average $1,088,814 (370m away), an upgrader gap of about $650,000
- Kallang/whampoa — 4-room average $882,887 (1.1 km away), an upgrader gap of about $850,000
FAQ
What is the average PSF for PEACE MANSION?
Is PEACE MANSION freehold?
What is the rental yield for PEACE MANSION?
Which MRT is nearest to PEACE MANSION?
Sources & Next Steps
- PEACE MANSION Dashboard — Live charts and analytics
- URA — Official transaction data
- District 9 (Orchard, Cairnhill, River Valley) — District 9 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 1 transaction
- Rental data: 52 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: May 2021 · 1 record analysed · Source: URA private-sale caveats