Most Singapore homeowners would have heard the saying that property is a hedge against inflation. It sounds straightforward: when the cost of everything goes up, property prices should go up too. There is some truth to this, but the actual relationship is much more interesting. Inflation can support property values over the long term because […]
Property Project Intelligence
THE ESSENCE
CHONG KUO ROAD
600 mSPRINGLEAF MRT STATION
$1.01MMedian transacted price
9Transactions in latest 12 months
501–780 sqftMost popular unit size
THE ESSENCE Market Snapshot
▼ -32.8%
From 12-Month High
Peak: Jan 2026Based on latest 12 months
▲ +1.2%
From 12-Month Low
Low: Apr 2026Based on latest 12 months
▼ -22.8%
Vs District Median PSF
Below District 26 medianBased on latest 12 months
▼ -4.9%
Vs OCR Median PSF
Below OCR medianBased on latest 12 months
10.7%
12M Turnover Rate
9 sales / 84 units
Latest 12-month sales
9
Up to latest imported transaction
Median transacted price
$1.01M
Latest 12 months
Median PSF
$1,477
Latest 12 months
Typical recorded price range
$910K – $1.22M
20th to 80th percentile
Latest transacted price
$770K
538 sqft · 1 Sep 2026
Historical transaction information is presented for market research and does not constitute a valuation or investment recommendation.
Data Source: Urban Redevelopment Authority (URA)•Data up to: October 2026•Last updated: 12 Oct 2026
THE ESSENCE Market Trends
Average Price & Transaction Trend
Monthly average transacted price and sales volume from the first available record since 2017.
Average PriceTransactions
Available history: Aug 2021 to Sep 2026
Data Source: Urban Redevelopment Authority (URA)•Data up to: October 2026•Last updated: 12 Oct 2026
Transaction Breakdown (Last 12 Months)
Based on completed transactions from Nov 2025 to Oct 2026.
Most popular unit size501–780 sqft
Median Sold Size700 sqft
Unit Size Distribution
Only size ranges with recorded transactions are shown.
Price Distribution
Recorded transactions grouped into price ranges.
Data Source: Urban Redevelopment Authority (URA)•Data up to: October 2026•Last updated: 12 Oct 2026
Recent Transactions by Unit Size
500 – 780 sqft Average Price Trend
500 – 780 sqft Transaction Volume
500 – 780 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-09 | 2 | $860K | $770K | $950K | $1,477 |
| 2026-08 | 1 | $1.08M | $1.08M | $1.08M | $1,544 |
| 2026-06 | 1 | $975K | $975K | $975K | $1,562 |
| 2026-05 | 1 | $1.01M | $1.01M | $1.01M | $1,442 |
| 2026-04 | 1 | $850K | $850K | $850K | $1,579 |
500 – 780 sqft Recent Transactions
| Date | Type | Level | Area | PSF | Price |
|---|---|---|---|---|---|
| 2026-09 | Apt | 01 to 05 | 538 sqft | $1,431 | $770K |
| 2026-09 | Apt | 01 to 05 | 624 sqft | $1,522 | $950K |
| 2026-08 | Apt | 01 to 05 | 700 sqft | $1,544 | $1.08M |
| 2026-06 | Apt | 01 to 05 | 624 sqft | $1,562 | $975K |
| 2026-05 | Apt | 01 to 05 | 700 sqft | $1,442 | $1.01M |
| 2026-04 | Apt | 01 to 05 | 538 sqft | $1,579 | $850K |
781 – 1000 sqft Average Price Trend
781 – 1000 sqft Transaction Volume
781 – 1000 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-06 | 1 | $1.21M | $1.21M | $1.21M | $1,477 |
781 – 1000 sqft Recent Transactions
| Date | Type | Level | Area | PSF | Price |
|---|---|---|---|---|---|
| 2026-06 | Apt | 01 to 05 | 818 sqft | $1,477 | $1.21M |
1001 – 1200 sqft Average Price Trend
1001 – 1200 sqft Transaction Volume
1001 – 1200 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-03 | 1 | $1.25M | $1.25M | $1.25M | $1,249 |
| 2026-01 | 1 | $1.28M | $1.28M | $1.28M | $1,279 |
1001 – 1200 sqft Recent Transactions
| Date | Type | Level | Area | PSF | Price |
|---|---|---|---|---|---|
| 2026-03 | Apt | 01 to 05 | 1,001 sqft | $1,249 | $1.25M |
| 2026-01 | Apt | 01 to 05 | 1,001 sqft | $1,279 | $1.28M |
Data Source: Urban Redevelopment Authority (URA)•Data up to: October 2026•Last updated: 12 Oct 2026
THE ESSENCE Location & Nearby Amenities
Explore THE ESSENCE and nearby amenities. Distances shown are straight-line estimates from the property.
Master Plan 2025 (approved amendments incorporated)
Please click on the zoning type for a description of the use
Railway
Planning Area Boundary
Plot Ratio Boundary
Underground Road / Structure
Maximum Permissible Plot Ratio
Maximum Permissible White Quantum
Minimum Business (B) Plot Ratio
Conservation Area
Nature Reserve
National Park
Monument
THE ESSENCE Nearby Amenities
Closest amenities from THE ESSENCE. Distances are straight-line estimates.
MRT / LRT
- SPRINGLEAF MRT STATION600 mTE4Thomson-East Coast Line
- KHATIB MRT STATION2.3 kmNS14North-South Line
- LENTOR MRT STATION3.0 kmTE5Thomson-East Coast Line
Shopping Malls
- Lentor Modern2.8 kmLentor Central
Secondary Schools
- NAVAL BASE SECONDARY SCHOOL2.3 kmYISHUN RING ROAD
Post-Secondary
- YISHUN INNOVA JUNIOR COLLEGE2.7 kmYISHUN RING ROAD
- ANDERSON SERANGOON JUNIOR COLLEGE4.2 kmANG MO KIO AVENUE 6
- NANYANG POLYTECHNIC4.4 kmANG MO KIO AVENUE 8
Childcare Centres
- Sunny Days Preschool170 mSPRINGSIDE GREEN
- MAPLEBEAR LITTLE CAMPUS PTE LTD190 mSPRINGSIDE AVENUE
- The Schoolhouse Sembawang (Sembawang Country Club)1.4 kmSEMBAWANG ROAD
- Small Wonder Preschool Khatib2.0 kmYISHUN WALK
Infant Care Centres
- PCF Sparkletots Preschool @ Nee Soon South Blk 879 (EY)2.4 kmYISHUN STREET 81
- PCF Sparkletots Preschool @ Nee Soon South Blk 852 (EY)2.6 kmYISHUN STREET 81
Kindergartens
- FIRST STEP MONTESSORI HOUSE PTE. LTD.2.7 kmYISHUN STREET 71
Supermarkets
- Giant2.3 km201 Yishun Avenue 2, Khatib MRT Station
- Sheng Siong2.4 kmYishun Street 81
- FairPrice2.5 km
- Quan Shui Wet Market2.5 kmTagore Lane
Hospitals
- YISHUN COMMUNITY HOSPITAL3.1 kmYISHUN CENTRAL 2
- KHOO TECK PUAT HOSPITAL3.3 kmYISHUN CENTRAL
Polyclinics
- Khatib Polyclinic2.5 kmYishun Ring Road
Parks
- MENG SUAN INTERIM PARK230 m
- SPRINGLEAF NATURE PARK390 m
- THONG SOON GREEN PG420 m
Libraries
- Yishun Library3.6 kmYishun Avenue 2
Community Clubs
- Nee Soon South CC (U/C)2.3 kmYishun Street 81
Sport Facilities
- Yishun Sport Centre1.8 kmYishun Avenue 1
- Yishun Swimming Complex2.9 kmYishun Avenue 3
- SAFRA YISHUN COUNTRY CLUB3.5 kmYISHUN AVE 4
Featured Listings
Properties currently available through Homy, with priority given to listings in THE ESSENCE.
SELL WITH HOMY
List your THE ESSENCE here.
This slot has been reserved for your property.
WhatsApp Usto List Your Property Here
For Sale 1 / 16 Condo D27
Skies Miltonia, New 3-Storey Penthouses for Sale
$2,600,000
MILTONIA CLOSE99 YearsBuilt 2016
- 3 Bed
- 4 Bath
- 2,562 ft²
- $1,015 psf
For Sale 1 / 21 Condo D6
EDEN RESIDENCES CAPITOL – Luxury 3 Bedroom Developer sale
$11,980,000
STAMFORD ROAD99 YearsBuilt 2015
- 3 Bed
- 5 Bath
- 3,003 ft²
- $3,989 psf
For Sale 1 / 29 Condo D1
V on Shenton Luxury Penthouse for Sale
$18,800,000
SHENTON WAY99 Years
- 4 Bed
- 7 Bath
- 6,200 ft²
- $3,032 psf
For Sale 1 / 9 Landed D28
Belgravia Ace, Brand New Freehold Semi-D for Sale
$5,300,000
BELGRAVIA DRIVEFreeholdBuilt 2028
- 5 Bed
- 4 Bath
- 4,370 ft²
- $1,213 psf
THE ESSENCE Market Position & Nearby Transactions
How THE ESSENCE compares with District 26 projects and transactions recorded within 1 km over the latest 12 months.
Project Median PSF$1,4779 project sales
District 26 Median PSF$1,914Median across district projects with recorded sales
Difference vs District-22.8%Below district median
Transactions Within 1 km31Recorded in the latest 12 months
Position Within District 26
THE ESSENCE is more affordable than 70% of District 26 projects with recorded sales.
Lower PSFDistrict medianHigher PSF
11of 37 District 26 projects with recorded sales
District reference range$1,152 – $2,401 psf
Comparable Condos Within 1 km
Up to 20 nearest eligible condominium and EC projects. PSF (M) means median PSF for the latest 12 months.
| Project | Distance | TOP / Age | Units | 12M Sales | PSF (M) |
|---|---|---|---|---|---|
| HONG HENG GARDEN | 104 m | 198739 yrs old | — | 0 | — |
| HONG HENG MANSIONS | 146 m | 199630 yrs old | — | 1 | $1,156 |
| FOREST HILLS | 152 m | 200422 yrs old | — | 0 | — |
| ROOTS @ TRANSIT | 158 m | — | — | 0 | — |
| THE BROOKS II | 177 m | 20206 yrs old | 28 | 3 | $1,552 |
| FOREST HILLS CONDOMINIUM | 181 m | — | — | 0 | — |
| THE BROOKS I | 269 m | 20188 yrs old | 33 | 1 | $1,472 |
| SPRINGLEAF RESIDENCE | 837 m | 20290 yrs old | 941 | 26 | $2,212 |
Nearby Transactions by Unit Size
Transactions from eligible condominium and EC projects within 1 km during the latest 12 months.
500–780 sqft Nearby Average Price Trend
500–780 sqft Nearby Transaction Volume
500–780 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-06 | 1 | $1.08M | $1.08M | $1.08M | $1,520 |
| 2025-11 | 2 | $977.5K | $840K | $1.12M | $1,521 |
| 2025-10 | 4 | $1.39M | $1.2M | $1.46M | $2,264 |
500–780 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| SPRINGLEAF RESIDENCE | Apt | 941 | 4 | $1.39M | $2,264 |
| THE BROOKS II | Apt | 28 | 2 | $1.1M | $1,545 |
| THE BROOKS I | Apt | 33 | 1 | $840K | $1,472 |
781–1,000 sqft Nearby Average Price Trend
781–1,000 sqft Nearby Transaction Volume
781–1,000 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-09 | 1 | $1.07M | $1.07M | $1.07M | $1,156 |
| 2026-05 | 1 | $1.27M | $1.27M | $1.27M | $1,552 |
| 2025-10 | 4 | $2.02M | $1.83M | $2.12M | $2,279 |
781–1,000 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| SPRINGLEAF RESIDENCE | Apt | 941 | 4 | $2.02M | $2,279 |
| HONG HENG MANSIONS | Apt | — | 1 | $1.07M | $1,156 |
| THE BROOKS II | Apt | 28 | 1 | $1.27M | $1,552 |
1,001–1,200 sqft Nearby Average Price Trend
1,001–1,200 sqft Nearby Transaction Volume
1,001–1,200 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-05 | 1 | $2.4M | $2.4M | $2.4M | $2,144 |
| 2025-10 | 2 | $2.31M | $2.27M | $2.34M | $2,156 |
1,001–1,200 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| SPRINGLEAF RESIDENCE | Apt | 941 | 3 | $2.34M | $2,152 |
1,201–1,500 sqft Nearby Average Price Trend
1,201–1,500 sqft Nearby Transaction Volume
1,201–1,500 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-09 | 3 | $3.23M | $3.08M | $3.43M | $2,223 |
| 2026-08 | 1 | $3.42M | $3.42M | $3.42M | $2,350 |
| 2026-07 | 3 | $2.97M | $2.79M | $3.3M | $2,227 |
| 2026-06 | 2 | $3.27M | $3.24M | $3.3M | $2,251 |
| 2026-05 | 1 | $3.21M | $3.21M | $3.21M | $2,206 |
| 2026-04 | 3 | $3.24M | $3.18M | $3.3M | $2,220 |
| 2026-03 | 3 | $3M | $2.6M | $3.25M | $2,162 |
| 2026-02 | 1 | $3.27M | $3.27M | $3.27M | $2,249 |
| 2026-01 | 2 | $3.34M | $3.2M | $3.49M | $2,283 |
| 2025-12 | 1 | $3.19M | $3.19M | $3.19M | $2,195 |
| 2025-11 | 3 | $3.2M | $3.12M | $3.31M | $2,183 |
| 2025-10 | 9 | $2.91M | $2.48M | $3.32M | $2,185 |
1,201–1,500 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| SPRINGLEAF RESIDENCE | Apt | 941 | 32 | $3.11M | $2,212 |
Market Interpretation
THE ESSENCE recorded 9 transactions during the latest 12 months, providing a more useful recent basis for comparison.
Its median PSF is approximately 22.8% below the District 26 project median, placing it on the more affordable side of the district market.
Within 1 km, 8 nearby condominiums were identified; 4 recorded at least one sale during the same period. These projects provide additional context where the subject development has limited recent activity.
This is a rules-based interpretation of recorded transactions and nearby project data, not a formal valuation.THE ESSENCE Project Details
Developer
OKP Land Pte Ltd, Lian Soon Hldgs Pte Ltd, HSB Development
Property type
Condominium
District
District 26 - Upper Thomson / Springleaf
Market segment
Outside Central Region
Tenure
99 yrs lease commencing from 2018
TOP
2023
Total units
84
About THE ESSENCE
THE ESSENCE is a condominium in Singapore District 26, completed in 2023 with 99 yrs lease commencing from 2018. It recorded 9 transactions during the latest 12-month period in the database, with a median transacted price of $1.01M and a median of $1,477 psf. The most frequently transacted size range is 501–780 sqft, representing 66.7% of transactions with recorded floor area. SPRINGLEAF MRT STATION is approximately 600 m away by straight-line distance.
Get Property AdviceDisclaimer: The information, charts, statistics, distances and other data shown on this page are derived from publicly available sources, including Urban Redevelopment Authority (URA) transaction records, and are provided for general informational purposes only. While reasonable efforts are made to keep the information accurate and up to date, the data may contain errors, omissions, delays or inaccuracies. All figures, calculations, trends, market insights and distance measurements are estimates only and should not be relied upon for contractual, legal, financial, investment, valuation, planning or other official purposes. Distance information is approximate and should not be used for actual access, eligibility, proximity, planning or assessment purposes. Users should independently verify all information with the relevant authorities, official records or other appropriate sources before making any decision or entering into any agreement.
Curious What Your Property Could Be Worth Today?
Recent nearby transactions ● Current competing listings ● Estimated selling range ● No obligation discussion
How Does Your Property Compare?
The charts and transaction records provide a useful market overview, but your property's achievable selling price depends on the specific qualities of your unit and the buyers currently looking in your development.
Even within the same condominium, prices can vary significantly according to stack, floor level, facing, view, floor area, renovation condition, tenancy status and competing listings.
A personalised condo or private-property market assessment can help you understand:
✓ A realistic estimated selling-price range
✓ The most relevant recent comparable transactions
✓ Current competing listings and buyer alternatives
✓ Your unit's strongest selling points and positioning strategy
✓ Estimated sale proceeds and options for your next property
✓ A practical marketing and timeline plan with no obligation
Send me your development name, unit size and floor range for a preliminary assessment.
How Interest Rates Affect Property Prices — Buy When Rates Are High or Low?
When buying a home, most people naturally prefer a low interest rate. After all, a lower mortgage rate means a smaller monthly instalment and less interest paid to the bank. So it seems logical that when home loan rates are low, it must be a good time to buy property. But is it really that […]
HDB Housing Grants & Eligibility Schemes Guide 2026
Buying an HDB flat is not just about choosing a property. Your eligibility, grant amount, and purchasing options depend largely on the scheme under which you are buying. Many buyers are familiar with grants such as the Enhanced CPF Housing Grant (EHG), Family Grant, and Proximity Housing Grant (PHG). However, fewer realise that these grants […]
Asset Progression In Singapore: Build Wealth Through Property Ownership
For many Singaporeans, buying a property is one of the largest financial commitments they will ever make. Traditionally, property ownership was viewed primarily as a necessity. People bought a home, raised their families, and stayed there for many years. The focus was largely on having a roof over one’s head rather than viewing the property […]
Sustainable Living in an Unpredictable World: Why Some Families Are Choosing Less
The Old Promise That No Longer Holds Not too long ago, life felt like a straightforward climb. You worked hard, upgraded your home every few years, sent your kids for extra classes, and assumed that financial security would naturally follow. That was the unspoken contract many of us grew up believing in. But lately, something […]
What Really Makes a Property Hard to Sell in Singapore
It’s a belief many homeowners cling to: A good location cures all. If the MRT station is close, the mall is downstairs, and the school is around the corner, the property will sell itself. But in Singapore’s increasingly discerning resale market, that logic is dangerously incomplete. Walk into any HDB block or condo tower, and […]
Open Listing vs Exclusive: Why Most Sellers Get This Wrong
“More Agents = More Buyers”… Sounds Right, But Isn’t When selling a property, most owners fall into the same logical trap. They think: “If one agent can bring buyers, then five agents should bring more.” On the surface, this makes perfect sense. You want maximum exposure. You want your property in front of as many […]
The High Cost of “Wait and See” Pricing When Selling Your Property
There is a psychological phenomenon in real estate known as the Price-Time Paradox. It begins with a simple, seemingly harmless phrase: “Let’s just test the market.” or “Let’s just price higher for a start.” On the surface, it feels like a low-risk experiment. In reality, it is often the start of a silent financial leak. […]
Whatsapp
Questions About The Market?
Scan the QR code to reach us via WhatsApp or WeChat if you have questions about HDB prices, market trends, upgrading options or your property’s value.
Wechat