The Essence

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  5
 3
 0

Sale Price *

Average
S$ 1,474 psf
Range
S$ 1,239 - 1,762 psf

Rental Price **

Average
S$ 4.6 psf pm
Range
S$ 3.6 - 5.9 psf pm

Rental Yield **

3.7%

Rental income expressed as a percentage of the property's value.

Amenities

2.6
2.6

Convenience

3.7
3.7

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
The Essence is a leasehold (99 yrs from 2018) apartment completed in 2023. It is developed by CHONG KUO DEVELOPMENT PTE LTD. It consists of 84 units. According to records, buyers of this development are Singaporean 94.4%, PR 5.6%, Foreigner 0.0%, Company 0.0%.

THE ESSENCE is located along Chong Kuo Road in Yishun, in District 26. It is accessible through the nearest MRTs including Springleaf TE4 and Khatib NS14.

Based on transaction data in the last 12 months, sale prices range from S$ 1,239 psf to S$ 1,762 psf at an average of S$ 1,474 psf. Its highest recorded transaction was S$ 1,762 psf in Nov 2023 for a 624-sqft unit. Its lowest recorded transaction was S$ 1,078 psf in Sep 2021 for a 1,679-sqft unit. Its current rental yield is at 3.7%.

Buyers and tenants are attracted to Singapore’s district 26 comprises Upper Thomson and Yio Chu Kang. Besides residential, some parts of Yio Chu Kang are designated for industrial use. District 26 is served by Circle Line and North-South Line via Marymount and Yio Chu Kang MRT stations, as well as Upper Thomson, Bright Hill and Lentor MRT stations of the Thomson-East Coast Line, opened in 2021. Shopping malls in the area include Thomson Plaza and AMK Hub. Homes at Upper Thomson area are nestled in a green enclave, bounded by Bishan-Ang Mo Kio Park, Island Golf Course and MacRitchie Reservoir Park.

Covering 13,500ha, the North Region is one of the five regions in Singapore. Located further from the Central Business District (CBD), the North Region offers ample greenery as well as a variety of work and play options. These include integrated developments such as Bukit Canberra, an integrated sport and community hub, and the upcoming Woodlands Health Campus, which will open progressively from the end of 2023. When fully opened, the Woodlands Health Campus will have around 1,400 beds to cater to residents in the North Region. The region will also benefit from enhanced connectivity as strategized in the Master Plan 2019. More cycling paths and park connectors will be constructed, with the WoodsVista Gallery offering pedestrian and cycling pathways connecting Woodlands MRT, Admiralty Park and Woodlands Waterfront Park.
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

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Floor Plans
1
1
2

THE ESSENCE - 1 - 1 - 2

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of THE ESSENCE

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Date
Area(sqft)
Bedrooms
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Asking Price of THE ESSENCE

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
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0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of THE ESSENCE

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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9
$1,400,000

    • 2 beds
    • 2 baths
    • Condominium
    • D26
    • 2023
    • 99 years
    • S$ 1,400 psf
    • Chong Kuo Road
    Pauline Chia
    send_enquiry
    thumb-images
    10
    $1,400,000

      • 2 beds
      • 2 baths
      • Condominium
      • D26
      • 2023
      • 99 years
      • S$ 1,400 psf
      • Chong Kuo Road
      Ngee Siong Lim
      send_enquiry
      thumb-images
      10
      $899,999

        • 2 beds
        • 1 bath
        • Condominium
        • D26
        • 2023
        • 99 years
        • S$ 1,670 psf
        • Chong Kuo Road
        Dane Kau
        send_enquiry
        thumb-images
        10
        $1,340,000

          • 2 beds
          • 2 baths
          • Condominium
          • D26
          • 2023
          • 99 years
          • S$ 1,640 psf
          • Chong Kuo Road
          Max Lee
          send_enquiry
          thumb-images
          10
          $899,999

            • 1 bed
            • 1 bath
            • Condominium
            • D26
            • 2023
            • 99 years
            • S$ 1,670 psf
            • Chong Kuo Road
            Eric Tay
            send_enquiry
            thumb-images
            7
            $799,999

              • 1 bed
              • 1 bath
              • Condominium
              • D26
              • 2023
              • 99 years
              • S$ 1,490 psf
              • Chong Kuo Road
              Claire Loh
              send_enquiry
              thumb-images
              10
              $1,350,000

                • 2 beds
                • 2 baths
                • Condominium
                • D26
                • 2023
                • 99 years
                • S$ 1,840 psf
                • Chong Kuo Road
                Ho Qiu Ting Nicolette
                send_enquiry
                thumb-images
                10
                $1,350,000

                  • 2 beds
                  • 2 baths
                  • Condominium
                  • D26
                  • 2023
                  • 99 years
                  • S$ 1,840 psf
                  • Chong Kuo Road
                  Kenny Chew
                  send_enquiry

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