CHEPSTOW VILLE Review

Condo Review 4 min read Last reviewed
District 19 · 999 yrs lease commencing from 1953 · Completed 2010
Avg PSF (12-month)
9Total units
Category Ratings
Walkability
5.1
Investment
2.5
En-Bloc Potential
6.2
ShiokNest Score
2.8

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
Lease remaining
~26 years (of 99)

Location & Connectivity

CHEPSTOW VILLE is approximately 1480m from Kovan MRT station.

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

Schools & Education

23 schools within 2 km (7 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
Xinmin Secondary SchoolSecondary990m
Cedar Primary SchoolPrimary1 km
Cedar Girls' Secondary SchoolSecondary1.1 km

Market Position

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

CHEPSTOW VILLE sits at the 7th 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 PSFYoY
20231$756 psf
20241$935 psf↑ 23.7%

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Price Index Check

The ShiokNest Price Index for District 19 reads 137.0 as of June 2026 — up 2.0% 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$1,751 psf869
RIVERFRONT RESIDENCES99 yrs lease commencing from 2018$1,595 psf642
AFFINITY AT SERANGOON99 yrs lease commencing from 2018$1,699 psf602
SERANGOON GARDEN ESTATEFreehold$1,757 psf487

Lease Analysis

With 26 years remaining on its 99-year lease, significant financing restrictions apply.

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 with ~26 years remaining.
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 REALIS

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

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