Overview & Key Facts
CHELSEA VILLAGE is a freehold condominium at JAMBOL PLACE in District 5 (RCR), developed by CREATIVE INVESTMENTS PTE LTD, comprising 70 units, completed in 1991.
Location & Connectivity
CHELSEA VILLAGE is approximately 440m from Pasir Panjang MRT station, with 2 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Pasir Panjang | Circle Line | 440m |
| Haw Par Villa | Circle Line | 950m |
Schools & Education
3 schools within 2 km.
| School | Type | Distance |
|---|---|---|
| Dulwich College (Singapore) | International | 1.4 km |
| Alexandra Primary School | Primary | 1.7 km |
| Queenstown Primary School | Primary | 1.9 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 4 BR | 7 | $2,013 psf | $3,672,857 |
| 5+ BR | 3 | $1,811 psf | $4,792,667 |
Market Position
CHELSEA VILLAGE has recorded 10 sales at an average price of $4,008,800.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 4 | $1,586 psf | — |
| 2023 | 2 | $2,166 psf | ↑ 36.6% |
| 2024 | 1 | $2,003 psf | ↓ 7.5% |
| 2025 | 1 | $2,232 psf | ↑ 11.4% |
| 2026 | 2 | $2,306 psf | ↑ 3.3% |
Loading chart data...
The latest reading marks the highest point in this series — CHELSEA VILLAGE prices have climbed 45.4% since 2021.
Price Index Check
The ShiokNest Price Index for District 5 reads 136.5 as of June 2026 — down 4.3% 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.
Loading chart data...
Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| LANDED HOUSING DEVELOPMENT | Freehold | $1,856 psf | 6215 |
| NORMANTON PARK | 99 yrs lease commencing from 2019 | $1,868 psf | 1431 |
| PARC CLEMATIS | 99 yrs lease commencing from 2019 | $1,896 psf | 1426 |
| ELTA | 99 yrs lease commencing from 2024 | $2,558 psf | 412 |
| FABER RESIDENCE | 99 yrs lease commencing from 2025 | $2,159 psf | 383 |
What Could Work Against You
- With just 2 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 70-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
- At 35+ years of age, upkeep costs trend upward and renovation budgets matter; some owners here are effectively holding an en-bloc option.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: international school families, tertiary student housing, long-term hold (10+ yr) and freehold / generational hold. Reasonable access to one or more international school clusters via car or school bus.
yield-focused investors should treat this as a shortlist candidate, not a default choice.
It is a weaker fit for resort facilities — other options likely serve them better. Resort-grade amenity stack including multiple pools, clubhouse, and recreational facilities.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
CHELSEA VILLAGE is a freehold development in District 5 (RCR), with 70 units, offering a gross yield of 2.6%.
At ~$2,281 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full CHELSEA VILLAGE dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing CHELSEA VILLAGE against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (80m away), an upgrader gap of about $3,150,000
- Bukit Merah — 4-room average $894,787 (1.5 km away), an upgrader gap of about $3,100,000
- Queenstown — 4-room average $1,002,705 (1.8 km away), an upgrader gap of about $3,000,000
FAQ
What is the average PSF for CHELSEA VILLAGE?
Is CHELSEA VILLAGE freehold?
What is the rental yield for CHELSEA VILLAGE?
Which MRT is nearest to CHELSEA VILLAGE?
Sources & Next Steps
- CHELSEA VILLAGE Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town) — District 5 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: 10 transactions
- Rental data: 27 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jun 2026 · 10 records analysed · Source: URA private-sale caveats