PropKaki
FreeholdCCRDistrict 9 (River Valley)

Espada

Reviewed by Nathan TangUpdated 20 June 2026Data through Mar 2026 (URA)
Quick Summary

Espada is a freehold apartment in District 9 (River Valley) that obtained TOP in 2013, with 232 units across 1 block. Units have recently transacted around S$1.24M (S$2,250 psf), from 349 sales on record. There are 62 units for sale from S$850k to S$2.68M.

1

What are the key facts about Espada?

Key Takeaway

Espada is a freehold apartment in District 9 (River Valley) that obtained TOP in 2013, with 232 units across 1 block.

Tenure
Freehold
TOP / Completion
2013
Developer
NOVELTY ORCHARD DEVELOPMENT PTE LTD
Total units
232
Blocks
1
District / Area
District 9 (River Valley)
Market segment
CCR
Median PSF
S$2,250 psf
Last transacted
Mar 2026
Remaining lease
Freehold
2

What is the price and PSF at Espada?

Key Takeaway

Units have recently transacted around S$1.24M (S$2,250 psf), at a gross rental yield of about 3.1% (URA caveat data).

Recent median price

S$1.24M

recent · 349 sales on record

Median PSF

S$2,250 psf

recent transactions

Median rent (monthly)

S$3,216

1,951 rentals on record

Gross rental yield

3.1%

indicative, gross

Units currently for sale are asking a median of S$2,648 psf — about 18% above the most recent transacted PSF.

Source: URA caveat data, through Mar 2026.

3

What has recently sold at Espada?

Key Takeaway

Espada has 349 recorded sales; the most recent transacted at S$955,000 in Mar 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Mar 2026S$955,000355S$2,689 psf
Feb 2026S$1,550,000689S$2,250 psf
Feb 2026S$1,430,000646S$2,214 psf
Oct 2025S$1,630,000689S$2,366 psf
Sept 2025S$880,000344S$2,555 psf
Sept 2025S$1,550,000689S$2,250 psf
Sept 2025S$900,000355S$2,534 psf
Jul 2025S$1,188,000560S$2,122 psf
Jun 2025S$1,550,000689S$2,250 psf
Jun 2025S$900,000377S$2,389 psf
Jun 2025S$1,240,000560S$2,215 psf
Apr 2025S$1,450,000646S$2,245 psf

349 sales and 1,951 rentals on record since Dec 2009. Source: URA.

4

What bedroom types are available at Espada?

Key Takeaway

Espada has 62 units listed for sale, spanning 0–2-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
0-bedroom1S$1000k–S$1000kS$2,653 psf
1-bedroom50S$850k–S$2.68MS$2,676 psf
2-bedroom9S$1.55M–S$1.79MS$2,399 psf
Unspecified2S$960k–S$960k
5

Where is Espada and what's nearby?

Key Takeaway

Espada is located in River Valley, in the Central Region of Singapore.

Espada is a freehold apartment completed in 2013. It was developed by NOVELTY ORCHARD DEVELOPMENT PTE LTD. The development has 232 residential units. It sits on a land area of 3,446 sqm and has a gross floor area of 9,651 sqm. The plot ratio is 2.8.

ESPADA is located at 48 St. Thomas Walk, Singapore 238126. It is part of District 09, Orchard / Cairnhill / River Valley, River Valley. The project falls within the Central Region and the CCR market segment.

The nearest rail connection is Somerset MRT, approximately 415m away, around 6 minutes on foot. Nearby amenities include 111 Somerset for shopping, NTUC Fairprice Co-operative Ltd for groceries, Zion Riverside Food Centre for food options, and Orchard Fountain Corner for greenery and recreation. Facilities in the development include Barbeque Area, Covered car park, Fitness corner, Function room, Gymnasium room, and Jacuzzi.

6

How far is Espada from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Espada is Somerset MRT, about 415 m away (~7 min walk). 1 school is within 1 km, including 1 primary school.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • River Valley Primary SchoolPrimary schoolwithin 1 km · P1 priority363 m
  • St. Margaret's School (Primary)Primary school1.3 km
  • School Of The Arts, SingaporeMixed-level school1.3 km
  • Anglo-Chinese School (Junior)Primary school1.4 km
  • Alexandra Primary SchoolPrimary school1.5 km
  • Gan Eng Seng SchoolSecondary school1.7 km
  • Zhangde Primary SchoolPrimary school1.9 km

Shops, food & parks

Mall: 111 Somerset · 324 mSupermarket: NTUC Fairprice Co-operative Ltd · 199 mHawker centre: Zion Riverside Food Centre · 832 mPark: Orchard Fountain Corner · 481 m

Straight-line distances from the development. Source: PropKaki amenities data.

7

What facilities does Espada have?

Key Takeaway

Espada has 11 facilities, including Barbeque Area, Covered car park, Fitness corner, Function room, and more.

Barbeque AreaCovered car parkFitness cornerFunction roomGymnasium roomJacuzziPlayground24 hours securitySwimming poolTennis courtsWading pool
8

What does it cost to own a unit at Espada?

Key Takeaway

Buying a unit at Espada (~S$1.24M) needs about S$9,077/mo in income and S$4,176/mo in repayments, after S$34,200 stamp duty and a S$310k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.24M) 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$34,200

BSD, tiered

Downpayment (25%)

S$310k

cash + CPF

Monthly instalment

S$4,176/mo

30y @ 3.5%

Income required

S$9,077/mo

TDSR @ stress rate

9

Frequently asked questions about Espada

What is the price at Espada?

Units at Espada have recently transacted around S$1.24M (S$2,250 psf), from 349 sales on record (URA caveat data).

What is the PSF at Espada?

Units for sale at Espada are asking a median of about S$2,648 psf.

Is Espada freehold or leasehold?

Espada is freehold.

When was Espada built?

Espada obtained TOP in 2013, developed by NOVELTY ORCHARD DEVELOPMENT PTE LTD.

How many units are for sale at Espada?

There are 62 units for sale at Espada, from S$850k to S$2.68M.

What is the rental yield at Espada?

Gross rental yield at Espada is about 3.1%, based on median current rents and prices.

How many units are in Espada?

Espada has 232 units across 1 block.

What facilities does Espada have?

Espada has 11 facilities, including Barbeque Area, Covered car park, Fitness corner, Function room, Gymnasium room, Jacuzzi, and more.

What is the nearest MRT to Espada?

The nearest MRT/LRT station to Espada is Somerset MRT, about 415 m away (~7 min walk).

Which primary schools are within 1 km of Espada?

River Valley Primary School is within 1 km of Espada — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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