The Essence
About The Essence
The Essence is a 99-year private residential project located along Chong Kuo Road, in district 26. District 26 is considered to be in the Outside Central Region (OCR) of Singapore. The Essence comprises apartment units. From our records, there are 2 blocks in this project.
Summary of sales transactions for The Essence (last 3 years)
| Type | Sales trend |
|---|---|
| Apartment |
| New Sale | Sub Sale | Resale |
|---|---|---|
| - | 7 | - |
Average sale price trend for The Essence (last 3 years)
The graph below shows the average monthly transacted sale price for each of the apartment units for The Essence in the last 3 years. This is based on the transactional data collated for The Essence for the selected period.
- Apartment price : Trending down
High / low / average sale price range for The Essence (last 3 years)
Displayed below are the low-high transacted price ranges for each of the property types in The Essence. The length of each bar represents the gap between the low and high prices. The blue dot on each bar indicates the average sale price for that property type. Average sale price is calculated based on all the transaction records collated for each property type for The Essence, for the selected period (last 3 years).
Sales transactions details (last 3 years)
There were a total of 7 sales transactions for The Essence in the last 3 years, with the latest one recorded in Jul 2024. Disclaimer : our transactions data below does not include block numbers as the data is not available. If you would like to see a list of blocks / addresses associated with The Essence, please click here.
| Date | Sale | PSF | Type | Location | Floor | Fl. Area | Tenure | Lease |
|---|---|---|---|---|---|---|---|---|
| Jul 2024 | $815,000 (Sub Sale) | $1,514 | Apartment | The Essence Chong Kuo Road (District 26) | 01-05 | 538 sqft | 99 years | 2018 |
| Jul 2024 | $838,000 (Sub Sale) | $1,557 | Apartment | The Essence Chong Kuo Road (District 26) | 01-05 | 538 sqft | 99 years | 2018 |
| Apr 2024 | $1,045,000 (Sub Sale) | $1,428 | Apartment | The Essence Chong Kuo Road (District 26) | 01-05 | 732 sqft | 99 years | 2018 |
| Jan 2024 | $1,340,000 (Sub Sale) | $1,638 | Apartment | The Essence Chong Kuo Road (District 26) | 01-05 | 818 sqft | 99 years | 2018 |
| Nov 2023 | $1,100,000 (Sub Sale) | $1,762 | Apartment | The Essence Chong Kuo Road (District 26) | 01-05 | 624 sqft | 99 years | 2018 |
| Nov 2023 | $1,720,000 (Sub Sale) | $1,239 | Apartment | The Essence Chong Kuo Road (District 26) | 01-05 | 1389 sqft | 99 years | 2018 |
| Jun 2023 | $700,000 (Sub Sale) | $1,301 | Apartment | The Essence Chong Kuo Road (District 26) | 01-05 | 538 sqft | 99 years | 2018 |
Summary of rental transactions for The Essence (last 3 years)
The Essence comprises apartment units.
- Apartment rental : Trending down
Average rental price trend for The Essence (last 3 years)
The graph below shows the average monthly transacted rental price for each of the apartment units for The Essence in the last 3 years. This is based on the transactional data collated for The Essence for the selected period.
- Apartment rental price : Trending down
High / low / average rental price range for The Essence (last 3 years)
Displayed below are the low-high rental price ranges for each of the property types in The Essence. The length of each bar represents the gap between the low and high prices. The blue dot on each bar indicates the average rental price for that property type. Average rental price is calculated based on all the transaction records collated for each property type for The Essence, for the selected period (last 3 years).
Rental transaction details for The Essence
| Date | Rental | Type | Location | Bedrooms | Fl. Area |
|---|---|---|---|---|---|
| Oct 2024 | $3,500 | Apartment | The Essence Chong Kuo Road (District 26) | 2 | 700-800 sqft |
| Aug 2024 | $3,400 | Apartment | The Essence Chong Kuo Road (District 26) | 2 | 600-700 sqft |
| Jul 2024 | $3,650 | Apartment | The Essence Chong Kuo Road (District 26) | 2 | 1000-1100 sqft |
| Jun 2024 | $3,800 | Apartment | The Essence Chong Kuo Road (District 26) | 2 | 1000-1100 sqft |
| May 2024 | $3,800 | Apartment | The Essence Chong Kuo Road (District 26) | 2 | 1000-1100 sqft |
| Feb 2024 | $4,000 | Apartment | The Essence Chong Kuo Road (District 26) | - | 800-900 sqft |
| Jan 2024 | $3,800 | Apartment | The Essence Chong Kuo Road (District 26) | - | 1000-1100 sqft |
| Oct 2023 | $3,600 | Apartment | The Essence Chong Kuo Road (District 26) | - | 700-800 sqft |
| Sep 2023 | $4,000 | Apartment | The Essence Chong Kuo Road (District 26) | - | 1000-1100 sqft |
| Sep 2023 | $3,800 | Apartment | The Essence Chong Kuo Road (District 26) | - | 600-700 sqft |
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Compare nearby properties (last 3 years)
Compare sales, rental and their respective PSF price trends of The Essence and other nearby private property projects within 2km.
| Project | Tenure | Distance | Lowest (S$PSF) | Average (S$PSF) | Highest (S$PSF) | Lowest Rent (S$PSF/m) | Average Rent (S$PSF/m) | Highest Rent (S$PSF/m) |
|---|---|---|---|---|---|---|---|---|
| The Essence | 99 years | - | $1,239 | $1,491 | $1,762 | $3.32 | $4.09 | $5.43 |
| Hong Heng Terrace | Freehold | 0.05km | $1,993 | $1,993 | $1,993 | $1.60 | $1.70 | $1.80 |
| Hong Heng Garden | Freehold | 0.07km | $856 | $856 | $856 | $1.14 | $1.58 | $2.08 |
| Hong Heng Mansions | Freehold | 0.15km | $1,066 | $1,066 | $1,066 | $1.43 | $2.37 | $3.23 |
| Forest Hills Condominium | 99 years | 0.17km | $809 | $960 | $1,116 | $2.50 | $3.20 | $4.00 |
