Espada
Espada is a freehold apartment in District 9 (River Valley) that obtained TOP in 2013, with 232 units across 1 block. Across 352 transactions on record, units have recently transacted around S$1.40M (S$2,250 psf, ~646 sqft). There are 87 units for sale from S$895k to S$2.30M.
| Tenure | Freehold |
|---|---|
| TOP year | 2013 |
| Developer | NOVELTY ORCHARD DEVELOPMENT PTE LTD |
| Units | 232 in 1 block |
| District and area | District 9 · River Valley · CCR |
| Nearest MRT | Somerset MRT, 415 m (~7 min walk) |
| Latest median psf | S$2,250 psf, last 12 URA caveats to Oct 2026 |
What's for sale and for rent at Espada?
Espada has 87 units listed for sale, asking S$895k to S$2.30M (median S$2,546 psf), and 17 units for rent at a median of S$4,400 a month.
For sale
87 listings
S$895k – S$2.30M
For rent
17 listings
S$3,300 – S$4,500 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 0-bedroom | 1 | S$960k–S$960k | S$2,546 psf |
| 1-bedroom | 67 | S$895k–S$2.30M | S$2,599 psf |
| 2-bedroom | 17 | S$1.50M–S$1.59M | S$2,315 psf |
| Unspecified | 2 | S$960k–S$960k | — |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Espada?
PropKaki has 22 layouts on record for Espada, from 1 to 2 bedrooms (344 sqft to 1,313 sqft).
| Bedrooms | Layouts | Sizes |
|---|---|---|
| 1 Bedroom | 19 | 344 to 1,270 sq ft |
| 2 Bedroom | 3 | 667 to 1,313 sq ft |
PropKaki holds 22 floor plans for Espada.
See Espada's floor plans — ask PropKaki.
Ask PropKakisqm ↔ sq ft converterLayouts digitised from developer brochures.
What is the price and PSF at Espada?
Units have recently transacted around S$1.40M (S$2,250 psf), at a gross rental yield of about 2.8% (URA caveat data).
Recent median price
S$1.40M
recent · 352 sales on record
Median PSF
S$2,250 psf
recent transactions
Median rent (monthly)
S$3,215
2,005 rentals on record
Gross rental yield
2.8%
indicative, gross
Units currently for sale are asking a median of S$2,546 psf — about 13% above the most recent transacted PSF.
Source: URA caveat data, through Oct 2026.
What has recently sold at Espada?
Espada has 352 recorded sales; the most recent transacted at S$1,400,000 in Oct 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Oct 2026 | S$1,400,000 | 646 | S$2,168 psf |
| Jul 2026 | S$1,660,000 | 689 | S$2,410 psf |
| May 2026 | S$938,000 | 377 | S$2,490 psf |
| Mar 2026 | S$955,000 | 355 | S$2,689 psf |
| Feb 2026 | S$1,430,000 | 646 | S$2,214 psf |
| Feb 2026 | S$1,550,000 | 689 | S$2,250 psf |
| Oct 2025 | S$1,630,000 | 689 | S$2,366 psf |
| Sept 2025 | S$880,000 | 344 | S$2,555 psf |
| Sept 2025 | S$1,550,000 | 689 | S$2,250 psf |
| Sept 2025 | S$900,000 | 355 | S$2,534 psf |
| Jul 2025 | S$1,188,000 | 560 | S$2,122 psf |
| Jun 2025 | S$1,550,000 | 689 | S$2,250 psf |
352 sales and 2,005 rentals on record since Dec 2009. Source: URA.
Are prices at Espada rising?
The median transacted PSF at Espada has fallen 5% over the past 9 years (2017–2026), from S$2,359 psf to S$2,250 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2026 | S$2,250 psf | S$1.40M | 6 | -3.4% |
| 2025 | S$2,329 psf | S$1.19M | 12 | -1.6% |
| 2024 | S$2,366 psf | S$1.25M | 5 | +0.9% |
| 2023 | S$2,346 psf | S$990k | 2 | -5.8% |
| 2022 | S$2,490 psf | S$945k | 15 | +3.8% |
| 2021 | S$2,400 psf | S$973k | 12 | +12.9% |
| 2020 | S$2,126 psf | S$1.36M | 5 | -7.7% |
| 2019 | S$2,304 psf | S$1.44M | 11 | -9.6% |
| 2018 | S$2,548 psf | S$1.03M | 24 | +8.0% |
| 2017 | S$2,359 psf | S$924k | 21 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
Is Espada a good investment?
Of 126 units at Espada that were bought and later resold (bought from 2009, resold up to 2026), 49% sold for more than they were bought for, with a median gain of -1% over a median 7.8-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.8%. Units listed now ask about 13% 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
49%
of 126 resales here
Median gain
-1%
gross, before costs
Median hold
7.8 years
bought to resold
Every unit at Espada 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 Espada and what's nearby?
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.
How far is Espada from MRT and schools?
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
- Somerset MRT415 m · ~7 min
- Great World MRT506 m · ~8 min
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
Straight-line distances from the development. Source: PropKaki amenities data.
Who built Espada and how big is the development?
Espada was developed by NOVELTY ORCHARD DEVELOPMENT PTE LTD, designed by RONNY CHIN ARCHITECTS PTE LTD, with 232 units.
- Developer
- NOVELTY ORCHARD DEVELOPMENT PTE LTD
- Architect
- RONNY CHIN ARCHITECTS PTE LTD
- Main contractor
- NOVELTY BUILDERS PTE LTD
- Blocks
- 1
- Land area
- 3,446 sqm (37,092 sqft)
- Gross floor area
- 9,651 sqm (103,882 sqft)
- Plot ratio
- 2.80
What facilities does Espada have?
Espada has 11 facilities, including Barbeque Area, Covered car park, Fitness corner, Function room, and more.
What does it cost to own a unit at Espada?
Buying a unit at Espada (~S$1.40M) needs about S$10,248/mo in income and S$4,715/mo in repayments, after S$40,600 stamp duty and a S$350k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.40M) 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$40,600
BSD, tiered
Downpayment (25%)
S$350k
cash + CPF
Monthly instalment
S$4,715/mo
30y @ 3.5%
Income required
S$10,248/mo
TDSR @ stress rate
How many property agents are active around Espada?
8,856 CEA-registered agents closed at least one recorded deal in District 9 — where Espada sits — in the last 12 months, across all property types.
Active agents · 12mo
8,856
District 9 · closed ≥1 deal
Deals on record
69,296
all-time · all property types
Source: CEA public transaction records, attributed to District 9 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Thinking about Espada? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Espada's own transactions.
PropKakiRecent units at Espada sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Espada
Is Espada freehold?⌄
Yes. Espada is freehold, so ownership does not run out.
How old is Espada?⌄
Espada was completed (obtained TOP) in 2013, so it is about 13 years old.
Is Espada a good investment?⌄
Of 126 units at Espada that were bought and later resold (bought from 2009, resold up to 2026), 49% sold for more than they were bought for, with a median gain of -1% over a median 7.8-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.8%. Units listed now ask about 13% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Is Espada an EC?⌄
No. Espada is a private apartment development, not an executive condominium (EC).
Who is the developer of Espada?⌄
Espada was developed by NOVELTY ORCHARD DEVELOPMENT PTE LTD.
What is the price of a condo at Espada?⌄
Units at Espada have recently sold for around S$1.40M (S$2,250 psf), the median of the last 12 URA caveats to Oct 2026. The price depends on size, floor and facing. 87 units are listed for sale from S$895k to S$2.30M.
Where is Espada located?⌄
Espada is at 48 St. Thomas Walk, Singapore 238126, in River Valley (District 9). The nearest MRT station is Somerset MRT, about 415 m away.
How many units are there in Espada?⌄
Espada has 232 units in 1 block.
How much do I need to earn to buy at Espada?⌄
For a unit around S$1.40M as a first home, you'd need roughly S$10,248/mo in income (assessed at the stress-test rate), with repayments near S$4,715/mo after a S$350k (25%) downpayment and S$40,600 Buyer's Stamp Duty.
Are prices at Espada going up?⌄
The median price per square foot at Espada has fallen about 5% between 2017 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.
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 get priority in Primary 1 (P1) registration.