PEIRCE VILLAS Review

Condo Review 4 min read Last reviewed
District 10 · Freehold · Completed 1997
~$2,144Avg PSF (12-month)
30Total units
Category Ratings
Walkability
5.0
Investment
4.9
En-Bloc Potential
5.7
ShiokNest Score
5.7

Overview & Key Facts

PEIRCE VILLAS is a freehold condominium at PEIRCE HILL in District 10 (CCR), developed by CITY DEVELOPMENTS LTD, comprising 30 units, completed in 1997.

Developer
CITY DEVELOPMENTS LTD
Tenure
Freehold
Total units
30
TOP year
1997
District
10 — CCR
Street
PEIRCE HILL

Location & Connectivity

PEIRCE VILLAS is approximately 940m from Commonwealth MRT station, with 4 stations within 1.5 km.

MRT stations near PEIRCE VILLAS
StationLineDistance
CommonwealthEast-West Line940m
QueenstownEast-West Line1.1 km
Holland VillageCircle Line1.4 km
Farrer RoadCircle Line1.4 km

Schools & Education

18 schools within 2 km (3 within 1 km priority zone).

Schools near PEIRCE VILLAS
SchoolTypeDistance
Swiss School SingaporeInternational360m
Tanglin Trust SchoolInternational810m
Commonwealth Secondary SchoolSecondary990m
Queensway Secondary SchoolSecondary1.3 km
Global Indian International School (GIIS Queenstown)International1.3 km
River Valley High SchoolSecondary1.3 km
River Valley High School (JC)Jc1.3 km
Queenstown Primary SchoolPrimary1.4 km

Market Position

PEIRCE VILLAS has recorded 1 sales at an average price of $37,000,000.

PEIRCE VILLAS sits at the 54th percentile of District 10 condo PSF.
$2,144 psf
Avg PSF (12mo)
$37,000,000
Avg Price
1.2%
Gross Yield
1
Total Sales

Neighbourhood Comparison

District 10 competitors
CondoTenureAvg PSFSales
SKYE AT HOLLAND99 yrs lease commencing from 2024$2,946 psf666
LEEDON GREENFreehold$2,786 psf574
D'LEEDON99 yrs lease commencing from 2010$1,869 psf452
HYLL ON HOLLANDFreehold$2,649 psf328
FOURTH AVENUE RESIDENCES99 yrs lease commencing from 2018$2,468 psf299

What Could Work Against You

  • 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 30 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

This is a strong match for international school families, 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 and resort facilities should probably look elsewhere. CCR (Core 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

PEIRCE VILLAS is a freehold development in District 10 (CCR), with 30 units, offering a gross yield of 1.2%.

At ~$2,144 psf, it reflects its premium CCR positioning.

Explore the full PEIRCE VILLAS dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Queenstown — 4-room average $1,002,705 (570m away), an upgrader gap of about $36,000,000
  • Bukit Timah — 4-room average $846,049 (1.3 km away), an upgrader gap of about $36,150,000
  • Bukit Merah — 4-room average $894,787 (1.8 km away), an upgrader gap of about $36,100,000

FAQ

What is the average PSF for PEIRCE VILLAS?
The 12-month average is approximately $2,144 psf.
Is PEIRCE VILLAS freehold?
Yes, PEIRCE VILLAS is a freehold property.
What is the rental yield for PEIRCE VILLAS?
The estimated gross yield is 1.2%.
Which MRT is nearest to PEIRCE VILLAS?
The nearest is Commonwealth MRT at 940m.

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: 20 leases
  • Source: URA REALIS

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

Data as of May 2025

Latest recorded data point: May 2025 · 1 records analysed · Source: URA private-sale caveats

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