PEACE MANSION Review

Condo Review 4 min read Last reviewed
District 9 · 99 yrs lease commencing from 1970 · Completed 1976
Avg PSF (12-month)
42Total units
Category Ratings
En-Bloc Potential
9.4
ShiokNest Score
9.7

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.

Developer
KIAN AN REALTY LIMITED
Tenure
99 yrs lease commencing from 1970
Total units
42
TOP year
1976
District
9 — CCR
Street
SOPHIA ROAD
Lease remaining
~43 years (of 99)

Location & Connectivity

PEACE MANSION is located in District 9. Check the dashboard for full transport connectivity data.


Market Position

PEACE MANSION has recorded 1 sales at an average price of $1,740,000.

PEACE MANSION sits at the 0th percentile of District 9 condo PSF.
Avg PSF (12mo)
$1,740,000
Avg Price
2.9%
Gross Yield
1
Total Sales

Neighbourhood Comparison

District 9 competitors
CondoTenureAvg PSFSales
IRWELL HILL RESIDENCES99 yrs lease commencing from 2020$2,730 psf584
RIVER GREEN99 yrs lease commencing from 2024$3,138 psf493
RIVER MODERN99 years leasehold$3,242 psf426
THE AVENIRFreehold$3,191 psf323
KOPAR AT NEWTON99 yrs lease commencing from 2019$2,512 psf256

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.

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.

FAQ

What is the average PSF for PEACE MANSION?
PSF data is not yet available.
Is PEACE MANSION freehold?
PEACE MANSION has a 99 yrs lease commencing from 1970 tenure with ~43 years remaining.
What is the rental yield for PEACE MANSION?
The estimated gross yield is 2.9%.

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: 1 transactions
  • Rental data: 52 leases
  • Source: URA REALIS

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

Data as of May 2021

Latest recorded data point: May 2021 · 1 records analysed · Source: URA private-sale caveats

👍Helpful0💡Insightful0📅Outdated0
Related Properties: