The Essence
Chong Kuo Road · D26 · Outside central region · Apartment
The median sale at The Essence was $1,057,500 — $1,518 psf — across 18 transactions between June 2023 and Sept 2026. 99-year lease from 2018.
Figures here are based on 18 sales.
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.
New sales, sub-sales and resales
A new sale is bought from the developer at a list price; a resale is negotiated. The gap between them is the clearest read on how much of a launch price is the launch.
| Kind of sale | Median price | Per sq ft | Sales |
|---|---|---|---|
| Sub-sale | $1,072,500 | $1,536 psf | 8 |
| Resale | $1,039,444 | $1,499 psf | 10 |
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.
- 2023three sales$1301
- 2024four sales$1536
- 2025two sales$1620
- 2026nine sales$1477
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2023 | $1,100,000 | $1,301 psf | 3 |
| 2024 | $941,500 | $1,536 psf | 4 |
| 2025 | $1,125,000 | $1,620 psf | 2 |
| 2026 | $1,008,888 | $1,477 psf | 9 |
Other developments in D26
- Lentor Gardens Residences · $2,357 psf
- Lentor Modern · $2,124 psf
- Springleaf Residence · $2,170 psf
- Lentoria · $2,224 psf
- Meadows @ Peirce · $1,632 psf
- Castle Green · $1,218 psf
- Hillock Green · $2,159 psf
- Seasons Park · $1,171 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.