Espada
Espada is a freehold apartment in District 9 (River Valley) that obtained TOP in 2013, with 232 units across 1 block. Across 350 transactions on record, units have recently transacted around S$1.19M (S$2,250 psf, ~560 sqft). There are 76 units for sale from S$900k to S$2.68M.
What are the key facts about Espada?
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
- May 2026
- Remaining lease
- Freehold
What is the price and PSF at Espada?
Units have recently transacted around S$1.19M (S$2,250 psf), at a gross rental yield of about 3.2% (URA caveat data).
Recent median price
S$1.19M
recent · 350 sales on record
Median PSF
S$2,250 psf
recent transactions
Median rent (monthly)
S$3,215
1,971 rentals on record
Gross rental yield
3.2%
indicative, gross
Units currently for sale are asking a median of S$2,599 psf — about 16% above the most recent transacted PSF.
Source: URA caveat data, through May 2026.
What has recently sold at Espada?
Espada has 350 recorded sales; the most recent transacted at S$938,000 in May 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| May 2026 | S$938,000 | 377 | S$2,490 psf |
| Mar 2026 | S$955,000 | 355 | S$2,689 psf |
| Feb 2026 | S$1,550,000 | 689 | S$2,250 psf |
| Feb 2026 | S$1,430,000 | 646 | S$2,214 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 |
| Jun 2025 | S$900,000 | 377 | S$2,389 psf |
| Jun 2025 | S$1,240,000 | 560 | S$2,215 psf |
350 sales and 1,971 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$955k | 4 | -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.
How many property agents are active around Espada?
8,302 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
8,302
District 9 · closed ≥1 deal
Deals on record
67,330
all-time · all property types
Source: CEA public transaction records, attributed to District 9across 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 Espada?
Espada has 76 units listed for sale, spanning 1–2-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 1-bedroom | 58 | S$900k–S$2.68M | S$2,713 psf |
| 2-bedroom | 16 | S$1.50M–S$1.60M | S$2,322 psf |
| Unspecified | 2 | S$960k–S$960k | — |
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.
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
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.
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$1.19M) needs about S$8,697/mo in income and S$4,001/mo in repayments, after S$32,120 stamp duty and a S$297k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.19M) 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$32,120
BSD, tiered
Downpayment (25%)
S$297k
cash + CPF
Monthly instalment
S$4,001/mo
30y @ 3.5%
Income required
S$8,697/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 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
How much does a unit at Espada cost?⌄
Units at Espada have recently transacted around S$1.19M (S$2,250 psf), from 350 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Espada?⌄
For a unit around S$1.19M as a first home, you'd need roughly S$8,697/mo in income (assessed at the stress-test rate), with repayments near S$4,001/mo after a S$297k (25%) downpayment and S$32,120 Buyer's Stamp Duty.
Is Espada a good investment?⌄
Gross rental yield is about 3.2%, and current asking prices sit about 16% above the most recent transacted PSF; median PSF has fallen about 5% since 2017. 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 Espada going up?⌄
The median transacted PSF at Espada has fallen about 5% between 2017 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Espada freehold or leasehold?⌄
Espada is freehold — ownership does not expire.
When was Espada built and who developed it?⌄
Espada obtained TOP in 2013, developed by NOVELTY ORCHARD DEVELOPMENT PTE LTD, with 232 units across 1 block.
How many units are for sale at Espada?⌄
There are 76 units for sale at Espada, from S$900k to S$2.68M.
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.