Espa
Cashew Road · D23 · Outside central region · Condominium
The median sale at Espa was $1,700,000 — $1,526 psf — across nine transactions between Oct 2021 and June 2026. 999-year lease from 1882.
Figures here are based on just nine sales, which is too few to call a market rate.
Espa saw two sales in the past 12 months. A median over that is a record of what happened, not a rate you could expect to transact at.
What it costs per month of lease
A lease is a wasting asset. Spread the median price across the months of lease that are left and the figure is comparable between a dear flat with a long lease and a cheap one with a short one — which is the comparison a price alone cannot make.
This is the purchase price divided by the lease, and nothing else. It excludes stamp duty, the interest on a mortgage, maintenance and property tax. The calculator adds those.
Year by year
Too few sales in one or both ends of the window to quote a change, so the years are given as they are.
- 2021one sale$1444
- 2022four sales$1471
- 2024one sale$1689
- 2025one sale$1441
- 2026two sales$1777
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $1,570,000 | $1,444 psf | 1 |
| 2022 | $1,530,000 | $1,471 psf | 4 |
| 2024 | $1,800,000 | $1,689 psf | 1 |
| 2025 | $2,420,000 | $1,441 psf | 1 |
| 2026 | $1,760,000 | $1,777 psf | 2 |
What it rents for
URA’s median of rental contracts lodged at Espa in 2025Q1, per square foot per month.
Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.
Other developments in D23
- Narra Residences · $2,165 psf
- Sol Acres · $1,404 psf
- Midwood · $1,834 psf
- The Myst · $2,079 psf
- Inz Residence · $1,425 psf
- Kingsford . Hillview Peak · $1,435 psf
- Dairy Farm Residences · $1,696 psf
- The Hillier · $1,539 psf
Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.