PEPYS HILL CONDOMINIUM Review

Condo Review 4 min read Last reviewed
District 5 · Freehold · Completed 1988
~$1,043Avg PSF (12-month)
32Total units
Category Ratings
Walkability
4.3
Investment
5.1
En-Bloc Potential
6.1
ShiokNest Score
5.6

Overview & Key Facts

PEPYS HILL CONDOMINIUM is a freehold condominium at PEPYS ROAD in District 5 (RCR), developed by OASIS DEVELOPMENT PTE LTD, comprising 32 units, completed in 1988.

Developer
OASIS DEVELOPMENT PTE LTD
Tenure
Freehold
Total units
32
TOP year
1988
District
5 — RCR
Street
PEPYS ROAD

Location & Connectivity

PEPYS HILL CONDOMINIUM is approximately 370m from Pasir Panjang MRT station, with 3 stations within 1.5 km.

MRT stations near PEPYS HILL CONDOMINIUM
StationLineDistance
Pasir PanjangCircle Line370m
Labrador ParkCircle Line1.2 km
Haw Par VillaCircle Line1.4 km

Schools & Education

4 schools within 2 km.

Schools near PEPYS HILL CONDOMINIUM
SchoolTypeDistance
Alexandra Primary SchoolPrimary1.6 km
Dulwich College (Singapore)International1.7 km
Crescent Girls' SchoolSecondary1.9 km
Queenstown Primary SchoolPrimary1.9 km

Market Position

PEPYS HILL CONDOMINIUM has recorded 3 sales at an average price of $4,323,333.

PEPYS HILL CONDOMINIUM sits at the 17th percentile of District 5 condo PSF.
$1,043 psf
Avg PSF (12mo)
$4,323,333
Avg Price
2.1%
Gross Yield
3
Total Sales

Price Appreciation

PSF trend for PEPYS HILL CONDOMINIUM
YearSalesAvg PSFYoY
20242$1,405 psf
20251$1,043 psf↓ 25.8%

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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.

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Neighbourhood Comparison

District 5 competitors
CondoTenureAvg PSFSales
LANDED HOUSING DEVELOPMENTFreehold$1,856 psf6215
NORMANTON PARK99 yrs lease commencing from 2019$1,868 psf1431
PARC CLEMATIS99 yrs lease commencing from 2019$1,896 psf1426
ELTA99 yrs lease commencing from 2024$2,558 psf412
FABER RESIDENCE99 yrs lease commencing from 2025$2,159 psf383

What Could Work Against You

  • With just 1 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 32-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
  • At 38+ years of age, upkeep costs trend upward and renovation budgets matter; some owners here are effectively holding an en-bloc option.

Who This Actually Suits

The profile fits mrt-walkable commuters, car-owning households, international school families and nature / park-fronting best. Located ~370m from Pasir Panjang MRT, this property is a comfortable daily walk for transit commuters.

For foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.


Verdict

PEPYS HILL CONDOMINIUM is a freehold development in District 5 (RCR), with 32 units, offering a gross yield of 2.1%.

At ~$1,043 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full PEPYS HILL CONDOMINIUM dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing PEPYS HILL CONDOMINIUM against staying public? These HDB towns sit within walking or short-drive distance:

  • Kallang/whampoa — 4-room average $882,887 (440m away), an upgrader gap of about $3,450,000
  • Bukit Merah — 4-room average $894,787 (1.3 km away), an upgrader gap of about $3,450,000
  • Queenstown — 4-room average $1,002,705 (1.7 km away), an upgrader gap of about $3,300,000

FAQ

What is the average PSF for PEPYS HILL CONDOMINIUM?
The 12-month average is approximately $1,043 psf.
Is PEPYS HILL CONDOMINIUM freehold?
Yes, PEPYS HILL CONDOMINIUM is a freehold property.
What is the rental yield for PEPYS HILL CONDOMINIUM?
The estimated gross yield is 2.1%.
Which MRT is nearest to PEPYS HILL CONDOMINIUM?
The nearest is Pasir Panjang MRT at 370m.

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: 3 transactions
  • Rental data: 19 leases
  • Source: URA REALIS

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

Data as of August 2025

Latest recorded data point: Aug 2025 · 3 records analysed · Source: URA private-sale caveats

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