The Essence — recent transacted prices and indicative value

How has the price at The Essence changed?

The median price at The Essence has risen 41.2% from S$1,078 psf in Q3 2021 to S$1,522 psf in Q3 2026. This reflects recorded transactions and is not a formal valuation.

How accurate is this estimate for The Essence?

We re-ran the estimate as of Q1 2026 on what was known at the time, then compared it with the 5 sales in The Essence since.

Median error

2.0%

Half the estimates came closer than this to what the home actually fetched, half missed by more.

A thin test: 5 sales, so read the figure as a hint, not a verdict.

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What does a unit at The Essence rent for?

A typical unit at The Essence rents for about S$3,575 a month, the middle of 8 leases of a similar size recorded by URA. That is a gross yield of 4.13% on the indicative value. Indicative, from recorded rents.

What this home earns against what it costs, set beside what homes like it earn.

4.13% gross yield

S$42,900 of rent a year against the estimate above · 0.74 points above flats like it

More on The Essence

• Rent at The Essence, by bedroom count and by quarter

By year

• The Essence sales in 2026

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What sizes sell at The Essence?

• 140-160 sqm1 sales
• 40-60 sqm4 sales
• 60-80 sqm4 sales
• 80-100 sqm2 sales

Nearest projects

• Forest Hills Condominium · 113 m · 20 sales
• Roots @ Transit · 189 m · 2 sales
• The Estuary · 1904 m · 127 sales
• Orchid Park Condominium · 2245 m · 125 sales
• Euphony Gardens · 2604 m · 61 sales

Buying or selling here?

Buying: Stamp duty · Cash and CPF needed · How much can I borrow · Monthly repayment.

Selling: Net proceeds from selling.