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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.

Sales volume trend
Sales summary
Type Sales trend
Apartment
New Sale Sub Sale Resale
- 7 -

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
The Essence Price Trend
Average Sale Price
Average Price PSF

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).

High / low / average sale price range for The Essence
Apartment
Low : $700,000
Avg : $1,079,714
High : $1,720,000
See all

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.

117
Date Sale PSF Type Location Floor Fl. Area Tenure Lease
Jul 2024 $838,000 (Sub Sale) $1,557 Apartment The Essence Chong Kuo Road (District 26) 01-05 538 sqft 99 years 2018
Jul 2024 $815,000 (Sub Sale) $1,514 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

The Essence comprises apartment units.

  • Apartment rental : Trending down < path stroke="none" d="M0 0h24v24H0z" fill="none"/>

Rental transactions trend for The Essence

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
Average rental price trend for The Essence

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).

High / low / average rental price range for The Essence
Apartment
Low : $3,400
Avg : $3,735
High : $4,000
See all
1110
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 sales, rental and their respective PSF price trends of The Essence and other nearby private property projects within 2km.

Comparison of Sales & PSF
Sales Comparison
Average PSF Comparison
Comparison of Rental & PSF
Rental Transactions Comparison
Average Rental PSF Comparison
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 $1.71 $2.40 $3.23
Forest Hills Condominium 99 years 0.17km $809 $969 $1,116 $2.50 $3.21 $4.00

The Essence

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