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 3 units for sale from S$2.26M to S$2.28M. The lease has approximately 855 years remaining.
What are the key facts about Espa?
Espa is a 999-year condominium in District 23 (Bukit Panjang) that obtained TOP in 2009, with 78 units across 4 blocks.
- Tenure
- 999-year
- TOP / Completion
- 2009
- Developer
- SB (CASHEW) DEVELOPMENT PTE LTD
- Total units
- 78
- Blocks
- 4
- District / Area
- District 23 (Bukit Panjang)
- Market segment
- OCR
- Median PSF
- S$1,416 psf
- Last transacted
- May 2026
- Remaining lease
- ≈ 855 years
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$1,891 psf — about 34% 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.
How many property agents are active around Espa?
8,239 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
8,239
District 23 · closed ≥1 deal
Deals on record
37,803
all-time · all property types
Source: CEA public transaction records, attributed to District 23across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
What bedroom types are available at Espa?
Espa has 3 units listed for sale, spanning 4-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 4-bedroom | 3 | S$2.26M–S$2.28M | S$1,891 psf |
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.
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
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.
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
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
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
How much does a unit at Espa cost?⌄
Units at Espa have recently transacted around S$1.60M (S$1,416 psf), from 79 sales on record (URA caveats). The exact price depends on size, floor and facing.
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.
Is Espa a good investment?⌄
Gross rental yield is about 2.1%, and current asking prices sit about 34% above the most recent transacted PSF; median PSF has risen about 62% since 2010. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.
Are prices at Espa going up?⌄
The median transacted PSF at Espa has risen about 62% between 2010 and 2022, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Espa freehold or leasehold?⌄
Espa is 999-year, with approximately 855 years remaining on the lease.
When was Espa built and who developed it?⌄
Espa obtained TOP in 2009, developed by SB (CASHEW) DEVELOPMENT PTE LTD, with 78 units across 4 blocks.
How many units are for sale at Espa?⌄
There are 3 units for sale at Espa, from S$2.26M to S$2.28M.
What is the nearest MRT to Espa?⌄
The nearest MRT/LRT station to Espa is Cashew MRT, about 128 m away (~2 min walk).
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 qualify for Primary 1 (P1) registration priority.