THE ESSENCE
District 26 · CHONG KUO ROAD
Overview
THE ESSENCE is a 99-year leasehold condominium in District 26, Singapore, completed in 2021 with 84 units. The average transacted price is $1,362/sqft based on 71 recorded transactions. Nearby MRT: SPRINGLEAF MRT STATION.
Price Trends
Price Data (SGD)
Developer:Chong Kuo Development Pte Ltd
THE ESSENCE
Property Summary
Location
1 Chong Kuo Road, District 26
Tenure
99-year leasehold (from 4 May 2018)
Units
84
Completion
2021
Developer
Chong Kuo Development Pte Ltd (JV of Lian Soon Holdings Pte Ltd & OKP Land Pte Ltd)
Floors/Blocks
2 blocks, 5 storeys each
Site Area
4,282.9 sqm (46,092 sqft)
Information is subject to change and should be verified independently.
Available in multiple languages
Nearby Transport
- SPRINGLEAF MRT STATIONExit 10.66 km • 8 min walk
Nearby Transport
Nearby Transport
- SPRINGLEAF MRT STATIONExit 10.66 km • 8 min walk
Nearby Schools
Nearby Schools
- Peiying Primary School
- Orchid Park Secondary School
- Naval Base Primary School
Eligibility Check
Estimate stamp duty based on your buyer profile
Stamp duty data is currently unavailable for this property.
Neighbourhood Amenities
Transport
1- SPRINGLEAF MRT STATION
Rental Yield
Estimated gross yield for investors
Gross Yield
4.2%
AttractiveMonthly Rent
$3,500/mo
Median rental price
Annual Rental Income
$42,000/yr
Based on median rent
Recent Transactions
(71 of 71)| Date | Project Name | Address | Size (sqm) | Price | PSF | Floor | Type | Segment | District | Tenure |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025-09 | THE ESSENCE | CHONG KUO ROAD | 64 sqm (689 sqft) | $1,070,000 | $1553/sqft | 01-05 | Apartment | OCR | 26 | 99 yrs lease commencing from 2018 (91 yrs remaining) |
| 2025-05 | THE ESSENCE | CHONG KUO ROAD | 65 sqm (700 sqft) | $1,180,000 | $1687/sqft | 01-05 | Apartment | OCR | 26 | 99 yrs lease commencing from 2018 (91 yrs remaining) |
| 2024-07 | THE ESSENCE | CHONG KUO ROAD | 50 sqm (538 sqft) | $838,000 | $1557/sqft | 01-05 | Apartment | OCR | 26 | 99 yrs lease commencing from 2018 (91 yrs remaining) |
| 2024-07 | THE ESSENCE | CHONG KUO ROAD | 50 sqm (538 sqft) | $815,000 | $1514/sqft | 01-05 | Apartment | OCR | 26 | 99 yrs lease commencing from 2018 (91 yrs remaining) |
| 2024-04 | THE ESSENCE | CHONG KUO ROAD | 68 sqm (732 sqft) | $1,045,000 | $1428/sqft | 01-05 | Apartment | OCR | 26 | 99 yrs lease commencing from 2018 (91 yrs remaining) |
| 2024-01 | THE ESSENCE | CHONG KUO ROAD | 76 sqm (818 sqft) | $1,340,000 | $1638/sqft | 01-05 | Apartment | OCR | 26 | 99 yrs lease commencing from 2018 (91 yrs remaining) |
| 2023-11 | THE ESSENCE | CHONG KUO ROAD | 58 sqm (624 sqft) | $1,100,000 | $1762/sqft | 01-05 | Apartment | OCR | 26 | 99 yrs lease commencing from 2018 (91 yrs remaining) |
| 2023-11 | THE ESSENCE | CHONG KUO ROAD | 129 sqm (1389 sqft) | $1,720,000 | $1239/sqft | 01-05 | Apartment | OCR | 26 | 99 yrs lease commencing from 2018 (91 yrs remaining) |
| 2023-06 | THE ESSENCE | CHONG KUO ROAD | 50 sqm (538 sqft) | $700,000 | $1301/sqft | 01-05 | Apartment | OCR | 26 | 99 yrs lease commencing from 2018 (91 yrs remaining) |
| 2021-09 | THE ESSENCE | CHONG KUO ROAD | 156 sqm (1679 sqft) | $1,810,000 | $1078/sqft | 01-05 | Apartment | OCR | 26 | 99 yrs lease commencing from 2018 (91 yrs remaining) |
| 2021-09 | THE ESSENCE | CHONG KUO ROAD | 68 sqm (732 sqft) | $1,008,000 | $1377/sqft | 01-05 | Apartment | OCR | 26 | 99 yrs lease commencing from 2018 (91 yrs remaining) |
| 2021-08 | THE ESSENCE | CHONG KUO ROAD | 156 sqm (1679 sqft) | $1,810,000 | $1078/sqft | 01-05 | Apartment | OCR | 26 | 99 yrs lease commencing from 2018 (91 yrs remaining) |
| 2021-05 | THE ESSENCE | CHONG KUO ROAD | 65 sqm (700 sqft) | $1,017,000 | $1454/sqft | 01-05 | Apartment | OCR | 26 | 99 yrs lease commencing from 2018 (91 yrs remaining) |
| 2021-04 | THE ESSENCE | CHONG KUO ROAD | 100 sqm (1076 sqft) | $1,452,800 | $1350/sqft | 01-05 | Apartment | OCR | 26 | 99 yrs lease commencing from 2018 (91 yrs remaining) |
| 2021-04 | THE ESSENCE | CHONG KUO ROAD | 65 sqm (700 sqft) | $1,000,000 | $1429/sqft | 01-05 | Apartment | OCR | 26 | 99 yrs lease commencing from 2018 (91 yrs remaining) |
| 2021-04 | THE ESSENCE | CHONG KUO ROAD | 129 sqm (1389 sqft) | $1,577,400 | $1136/sqft | 01-05 | Apartment | OCR | 26 | 99 yrs lease commencing from 2018 (91 yrs remaining) |
| 2021-02 | THE ESSENCE | CHONG KUO ROAD | 64 sqm (689 sqft) | $957,660 | $1390/sqft | 01-05 | Apartment | OCR | 26 | 99 yrs lease commencing from 2018 (91 yrs remaining) |
| 2021-02 | THE ESSENCE | CHONG KUO ROAD | 65 sqm (700 sqft) | $1,041,000 | $1488/sqft | 01-05 | Apartment | OCR | 26 | 99 yrs lease commencing from 2018 (91 yrs remaining) |
| 2021-01 | THE ESSENCE | CHONG KUO ROAD | 68 sqm (732 sqft) | $1,003,000 | $1370/sqft | 01-05 | Apartment | OCR | 26 | 99 yrs lease commencing from 2018 (91 yrs remaining) |
| 2021-01 | THE ESSENCE | CHONG KUO ROAD | 65 sqm (700 sqft) | $999,000 | $1428/sqft | 01-05 | Apartment | OCR | 26 | 99 yrs lease commencing from 2018 (91 yrs remaining) |
Showing 1 to 20 of 71 results
Market Statistics
Properties For Sale (4)
Properties For Rent (1)
Frequently Asked Questions
What is the average price per square foot (PSF) for THE ESSENCE?
The average transacted price for THE ESSENCE is $1,362/sqft based on 71 recorded transactions.
Where is THE ESSENCE located?
THE ESSENCE is located in District 26, near SPRINGLEAF MRT, Singapore.
Is THE ESSENCE freehold or leasehold?
THE ESSENCE is a 99-year leasehold property.
When was THE ESSENCE completed?
THE ESSENCE was completed in 2021.
Who developed THE ESSENCE?
THE ESSENCE was developed by Chong Kuo Development Pte Ltd.
Who is eligible to buy at THE ESSENCE?
THE ESSENCE is a private property open to all buyers including foreigners. Singapore Citizens pay no Additional Buyer's Stamp Duty (ABSD) on their first property, while Permanent Residents pay 5% and foreigners pay 60% ABSD.
Is THE ESSENCE a good investment?
THE ESSENCE has recorded 71 transactions at an average of $1,362/sqft in District 26. Prospective investors should compare these figures with nearby developments and consider factors like lease tenure, unit size, and rental demand.
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