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apartment · 238126

Espada

Project page · Freehold

Indicative value range
S$1,249,829 – S$1,298,990
Indicative mid S$1,272,199 · S$2,273 psf

Based on 4 sales in this project, last 12 months. Search widened 1 of 4 steps to find enough comparable sales. See the comparable sales.

No storey entered, so sales were not adjusted for height

Freehold tenure: the lease method is for 99-year leasehold only.

Comparable sales

Each price per area is scaled to Q2 2026 by the published index for the quarter it sold in.

SoldWhereFloorSizePricePer sqftIndex ×Adjusted
Oct 2026Espada01-05646 sqftS$1,400,000S$2,168 psf×1.000S$2,168 psf
Jul 2026Espada26-30689 sqftS$1,660,000S$2,410 psf×1.000S$2,410 psf
Feb 2026Espada11-15646 sqftS$1,430,000S$2,214 psf×1.018S$2,255 psf
Feb 2026Espada21-25689 sqftS$1,550,000S$2,250 psf×1.018S$2,291 psf

How accurate is this estimate for Espada?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 7 sales in Espada since.

Median error
4.0%

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

A thin test: 7 sales, so read the figure as a hint, not a verdict.

What the rent says

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

3.77% gross yield

S$48,000 of rent a year against the estimate above · 1.14 points above flats like it

Leases signed here within a quarter of this size run about S$4,000 a month, the middle of 102 of them.

In the core central region, freehold flats yield 2.63%, from 820 projects. Too few share this home's remaining lease to measure that separately.

A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.

Recent leases signed here

SignedSizeBedsTypeRent a month
Q3 2026600-700 sqft1Non-landed PropertiesS$4,800
Q3 2026600-700 sqft1Non-landed PropertiesS$4,800
Q3 2026600-700 sqft1Non-landed PropertiesS$4,600
Q3 2026600-700 sqft1Non-landed PropertiesS$4,500
Q3 2026600-700 sqft2Non-landed PropertiesS$4,400
Q3 2026600-700 sqft2Non-landed PropertiesS$4,400
Q3 2026600-700 sqft1Non-landed PropertiesS$4,350
Q3 2026600-700 sqft1Non-landed PropertiesS$4,350

median of 102 URA rental contracts at Espada within a quarter of 52 sqm, since 2025Q4.

Buying or selling at S$1,272,199?

Buying: Stamp duty on S$1,272,199 · Cash and CPF needed on S$1,272,199 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$1,272,199.

Each opens with this figure filled in; change anything there.

Primary schools near 48 Saint Thomas Walk

Measured from each school's land to this address's own point, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km or 2 km check OneMap's School Query.

Within about 1 km

1 to 2 km

Past transactions

Recorded sales
DateDetailAreaPricePer area
Oct 2026
Espada · 01-05 · Apartment
646 sqftS$1,400,000S$2,168 psf
Jul 2026
Espada · 26-30 · Apartment
689 sqftS$1,660,000S$2,410 psf
May 2026
Espada · 21-25 · Apartment
377 sqftS$938,000S$2,490 psf
Mar 2026
Espada · 26-30 · Apartment
355 sqftS$955,000S$2,689 psf
Feb 2026
Espada · 21-25 · Apartment
689 sqftS$1,550,000S$2,250 psf
Feb 2026
Espada · 11-15 · Apartment
646 sqftS$1,430,000S$2,214 psf
Oct 2025
Espada · 16-20 · Apartment
689 sqftS$1,630,000S$2,366 psf
Sept 2025
Espada · 06-10 · Apartment
344 sqftS$880,000S$2,555 psf
Sept 2025
Espada · 26-30 · Apartment
355 sqftS$900,000S$2,534 psf
Sept 2025
Espada · 21-25 · Apartment
689 sqftS$1,550,000S$2,250 psf
Jul 2025
Espada · 16-20 · Apartment
560 sqftS$1,188,000S$2,122 psf
Jun 2025
Espada · 16-20 · Apartment
377 sqftS$900,000S$2,389 psf
Jun 2025
Espada · 26-30 · Apartment
560 sqftS$1,240,000S$2,215 psf
Jun 2025
Espada · 26-30 · Apartment
689 sqftS$1,550,000S$2,250 psf
Apr 2025
Espada · 16-20 · Apartment
355 sqftS$860,000S$2,421 psf
Apr 2025
Espada · 11-15 · Apartment
646 sqftS$1,450,000S$2,245 psf
Jan 2025
Espada · 26-30 · Apartment
721 sqftS$1,680,000S$2,330 psf
Jan 2025
Espada · 01-05 · Apartment
355 sqftS$900,000S$2,534 psf
Sept 2024
Espada · 31-35 · Apartment
560 sqftS$1,250,000S$2,233 psf
Mar 2024
Espada · 01-05 · Apartment
377 sqftS$965,000S$2,561 psf
Feb 2024
Espada · 16-20 · Apartment
355 sqftS$945,000S$2,660 psf
Jan 2024
Espada · 26-30 · Apartment
689 sqftS$1,630,000S$2,366 psf
Jan 2024
Espada · 16-20 · Apartment
689 sqftS$1,610,000S$2,337 psf
Sept 2023
Espada · 06-10 · Apartment
646 sqftS$1,515,000S$2,346 psf
Feb 2023
Espada · 11-15 · Apartment
377 sqftS$990,000S$2,628 psf
Nov 2022
Espada · 21-25 · Apartment
560 sqftS$1,228,000S$2,194 psf
Oct 2022
Espada · 31-35 · Apartment
657 sqftS$1,408,000S$2,144 psf
Oct 2022
Espada · 11-15 · Apartment
344 sqftS$918,000S$2,665 psf
Sept 2022
Espada · 06-10 · Apartment
452 sqftS$1,088,000S$2,407 psf
Sept 2022
Espada · 11-15 · Apartment
452 sqftS$1,130,000S$2,500 psf
Sept 2022
Espada · 11-15 · Apartment
667 sqftS$1,620,000S$2,427 psf
Aug 2022
Espada · 06-10 · Apartment
646 sqftS$1,400,000S$2,168 psf
Aug 2022
Espada · 11-15 · Apartment
344 sqftS$923,000S$2,680 psf
Aug 2022
Espada · 01-05 · Apartment
377 sqftS$938,000S$2,490 psf
Aug 2022
Espada · 06-10 · Apartment
377 sqftS$945,000S$2,508 psf
Jul 2022
Espada · 16-20 · Apartment
355 sqftS$930,000S$2,618 psf
Jun 2022
Espada · 26-30 · Apartment
377 sqftS$938,000S$2,490 psf
Jun 2022
Espada · 06-10 · Apartment
355 sqftS$922,000S$2,596 psf
Mar 2022
Espada · 16-20 · Apartment
560 sqftS$1,150,000S$2,055 psf
Feb 2022
Espada · 01-05 · Apartment
355 sqftS$900,000S$2,534 psf
Dec 2021
Espada · 01-05 · Apartment
452 sqftS$1,085,000S$2,400 psf
Nov 2021
Espada · 26-30 · Apartment
560 sqftS$1,242,000S$2,219 psf
Oct 2021
Espada · 21-25 · Apartment
560 sqftS$1,198,000S$2,140 psf
Oct 2021
Espada · 21-25 · Apartment
560 sqftS$1,230,000S$2,198 psf
Oct 2021
Espada · 16-20 · Apartment
377 sqftS$973,000S$2,583 psf

Sale prices as filed in caveats.

Indicative estimate from comparable caveats. Not a formal valuation.