My mechanic just replace this part, and my car stop having alerting me of Depollution System Faulty. And this part cost me just less than SGD $200 including Labour and if done at AutoFrance Singapore it will cost you SGD$450 and Labour $200 to replace this sensor.
(Please request to use diagnostic to check if the error is cause by the sensor, it may be cause by something else)
After knowing AutoFrance quoted me 3x the price, I immediately go to my own workshop.
Peugeot 407 Singapore owner go to Thomas +65-64834044 at addr 10 Ang Mo Kio Ind Park 2A #03-03 Amk Autopoint.
Attached the photos of the parts for your info https://plus.google.com/photos/106869980578682048223/albums/5685798813310869089
Tan, December 2011