It tastes hot or cold, we hear (5)

I believe the answer is:

chili

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'it tastes hot' is the definition.
The definition suggests a singular noun which matches the answer.

'cold we hear' is the wordplay.
'cold' becomes 'chilly' (I've seen this before).
'we hear' indicates a 'sounds like' (homophone) clue.
'chilly' is a homophone of 'CHILI'.

'or' acts as a link.

Can you help me to learn more?

(Other definitions for chili that I've seen before include "Hot pod (US spelling)" , "African wind" , "Hot pepper (US spelling)" , "Spicy pepper" .)

I've seen this clue in the Sydney Morning Herald.

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