Espa
Espa is a 999-year condominium in District 23 (Bukit Panjang) that obtained TOP in 2009, with 78 units across 4 blocks. Across 79 transactions on record, units have recently transacted around S$1.60M (S$1,416 psf, ~1,066 sqft). There are 6 units for sale from S$1.69M to S$2.25M. The lease has approximately 855 years remaining.
| Tenure | 999-year leasehold from 1882 (≈855 years left) |
|---|---|
| TOP year | 2009 |
| Developer | SB (CASHEW) DEVELOPMENT PTE LTD |
| Units | 78 in 4 blocks |
| District and area | District 23 · Bukit Panjang · OCR |
| Nearest MRT | Cashew MRT, 128 m (~2 min walk) |
| Latest median psf | S$1,416 psf, last 12 URA caveats to May 2026 |
What's for sale and for rent at Espa?
Espa has 6 units listed for sale, asking S$1.69M to S$2.25M (median S$1,866 psf), and 2 units for rent at a median of S$950 a month.
For sale
6 listings
S$1.69M – S$2.25M
For rent
2 listings
S$950 – S$3,700 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 2-bedroom | 2 | S$1.69M–S$1.72M | — |
| 4-bedroom | 4 | S$2.25M–S$2.25M | S$1,866 psf |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Espa?
Floor plans for Espa aren't in PropKaki's library yet. Across 79 URA caveats, units range from 850 sqft to 4,984 sqft, and the middle half are 1,066 sqft to 1,475 sqft.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 2-bedroom | 958 sqft | S$1.69M |
| 4-bedroom | 1,206 sqft | S$2.25M · S$1,866 psf |
Check the Floor Plan Finder for Espa →
Unit sizes from URA caveats. Listed sizes from current property listings.
What is the price and PSF at Espa?
Units have recently transacted around S$1.60M (S$1,416 psf), at a gross rental yield of about 2.1% (URA caveat data).
Recent median price
S$1.60M
recent · 79 sales on record
Median PSF
S$1,416 psf
recent transactions
Median rent (monthly)
S$2,802
420 rentals on record
Gross rental yield
2.1%
indicative, gross
Units currently for sale are asking a median of S$1,866 psf — about 32% above the most recent transacted PSF.
Source: URA caveat data, through May 2026.
What has recently sold at Espa?
Espa has 79 recorded sales; the most recent transacted at S$1,820,000 in May 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| May 2026 | S$1,820,000 | 1,087 | S$1,674 psf |
| Mar 2025 | S$2,420,000 | 1,679 | S$1,441 psf |
| Dec 2024 | S$1,800,000 | 1,066 | S$1,689 psf |
| Sept 2022 | S$1,680,000 | 1,066 | S$1,577 psf |
| Jul 2022 | S$1,380,000 | 904 | S$1,526 psf |
| Apr 2022 | S$1,280,000 | 904 | S$1,416 psf |
| Jan 2022 | S$1,858,000 | 1,442 | S$1,288 psf |
| Oct 2021 | S$1,570,000 | 1,087 | S$1,444 psf |
| Apr 2021 | S$1,400,000 | 1,033 | S$1,355 psf |
| Oct 2020 | S$1,130,000 | 958 | S$1,180 psf |
| Sept 2020 | S$1,600,000 | 1,679 | S$953 psf |
| Aug 2020 | S$1,670,000 | 1,496 | S$1,116 psf |
79 sales and 420 rentals on record since Mar 2007. Source: URA.
Are prices at Espa rising?
The median transacted PSF at Espa has risen 62% over the past 12 years (2010–2022), from S$874 psf to S$1,416 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2022 | S$1,416 psf | S$1.38M | 4 | +4.5% |
| 2021 | S$1,355 psf | S$1.40M | 2 | +21.4% |
| 2020 | S$1,116 psf | S$1.60M | 3 | +14.0% |
| 2019 | S$979 psf | S$1.68M | 2 | -16.5% |
| 2018 | S$1,173 psf | S$1.45M | 11 | +13.1% |
| 2017 | S$1,037 psf | S$1.10M | 4 | +27.2% |
| 2016 | S$815 psf | S$1.37M | 2 | -5.3% |
| 2015 | S$861 psf | S$1.33M | 2 | -18.0% |
| 2012 | S$1,050 psf | S$980k | 4 | +20.1% |
| 2010 | S$874 psf | S$950k | 3 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
Is Espa a good investment?
Of 31 units at Espa that were bought and later resold (bought from 2007, resold up to 2026), 100% sold for more than they were bought for, with a median gain of 30% over a median 5.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.1%. Units listed now ask about 32% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Sold for more than bought
100%
of 31 resales here
Median gain
30%
gross, before costs
Median hold
5.1 years
bought to resold
Every unit at Espa with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →
Where is Espa and what's nearby?
Espa is located in Bukit Panjang, in the West Region of Singapore.
Espa is a 999-year condominium completed in 2009. It was developed by SB (CASHEW) DEVELOPMENT PTE LTD. The development has 78 residential units. It sits on a land area of 6,212 sqm and has a gross floor area of 8,507 sqm. The plot ratio is 1.4.
ESPA is located at 12 Cashew Road, Singapore 679692. It is part of District 23, Hillview / Dairy Farm / Bukit Panjang / Choa Chu Kang, Bukit Panjang. The project falls within the West Region and the OCR market segment.
The nearest rail connection is Cashew MRT, approximately 128m away, around 2 minutes on foot. Nearby amenities include HillV2 for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, and Cashew Rd Pg for greenery and recreation. Facilities in the development include Basement car park, Fun pool, Gymnasium room, Jacuzzi, Playground, and 24 hours security.
How far is Espa from MRT and schools?
The nearest MRT/LRT to Espa is Cashew MRT, about 128 m away (~2 min walk). 5 schools are within 1 km, including 2 primary schools.
Getting around
- Cashew MRT128 m · ~2 min
- Hillview MRT790 m · ~12 min
- Petir LRT969 m · ~15 min
Schools nearby
Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Assumption Pathway SchoolSecondary schoolwithin 1 km86 m
- Assumption English SchoolSecondary schoolwithin 1 km169 m
- Chij Our Lady Queen Of PeacePrimary schoolwithin 1 km · P1 priority362 m
- Bukit Panjang Primary SchoolPrimary schoolwithin 1 km · P1 priority667 m
- Greenridge Secondary SchoolSecondary schoolwithin 1 km733 m
- Zhenghua Primary SchoolPrimary school1.2 km
- West View Primary SchoolPrimary school1.7 km
- Swiss Cottage Secondary SchoolSecondary school1.7 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
Who built Espa and how big is the development?
Espa was developed by SB (CASHEW) DEVELOPMENT PTE LTD, with 78 units over up to 5 storeys.
- Developer
- SB (CASHEW) DEVELOPMENT PTE LTD
- Floors
- 5 storeys
- Blocks
- 4
- Land area
- 6,212 sqm (66,865 sqft)
- Gross floor area
- 8,507 sqm (91,568 sqft)
- Plot ratio
- 1.40
What facilities does Espa have?
Espa has 7 facilities, including Basement car park, Fun pool, Gymnasium room, Jacuzzi, and more.
What does it cost to own a unit at Espa?
Buying a unit at Espa (~S$1.60M) needs about S$11,712/mo in income and S$5,389/mo in repayments, after S$49,600 stamp duty and a S$400k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.60M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$49,600
BSD, tiered
Downpayment (25%)
S$400k
cash + CPF
Monthly instalment
S$5,389/mo
30y @ 3.5%
Income required
S$11,712/mo
TDSR @ stress rate
How many property agents are active around Espa?
8,241 CEA-registered agents closed at least one recorded deal in District 23 — where Espa sits — in the last 12 months, across all property types.
Active agents · 12mo
8,241
District 23 · closed ≥1 deal
Deals on record
37,923
all-time · all property types
Source: CEA public transaction records, attributed to District 23 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Thinking about Espa? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Espa's own transactions.
PropKakiRecent units at Espa sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Espa
Is Espa freehold?⌄
No. Espa is on a 999-year lease that started in 1882, with about 855 years left.
How old is Espa?⌄
Espa was completed (obtained TOP) in 2009, so it is about 17 years old.
Is Espa a good investment?⌄
Of 31 units at Espa that were bought and later resold (bought from 2007, resold up to 2026), 100% sold for more than they were bought for, with a median gain of 30% over a median 5.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.1%. Units listed now ask about 32% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Is Espa an EC?⌄
No. Espa is a private condominium, not an executive condominium (EC).
Who is the developer of Espa?⌄
Espa was developed by SB (CASHEW) DEVELOPMENT PTE LTD.
What is the price of a condo at Espa?⌄
Units at Espa have recently sold for around S$1.60M (S$1,416 psf), the median of the last 12 URA caveats to May 2026. The price depends on size, floor and facing. 6 units are listed for sale from S$1.69M to S$2.25M.
Where is Espa located?⌄
Espa is at 12 Cashew Road, Singapore 679692, in Bukit Panjang (District 23). The nearest MRT station is Cashew MRT, about 128 m away.
How many units are there in Espa?⌄
Espa has 78 units in 4 blocks, up to 5 storeys high.
How much do I need to earn to buy at Espa?⌄
For a unit around S$1.60M as a first home, you'd need roughly S$11,712/mo in income (assessed at the stress-test rate), with repayments near S$5,389/mo after a S$400k (25%) downpayment and S$49,600 Buyer's Stamp Duty.
Are prices at Espa going up?⌄
The median price per square foot at Espa has risen about 62% between 2010 and 2022, based on URA caveats. The year-by-year figures are in the price-trend table above.
Which primary schools are within 1 km of Espa?⌄
Chij Our Lady Queen Of Peace, Bukit Panjang Primary School are within 1 km of Espa. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.