The Essence
The Essence is a 99-year apartment in District 26 (Yishun) that obtained TOP in 2023, with 84 units across 1 block. Units have recently transacted around S$1.07M (S$1,514 psf), from 97 sales on record. There are 41 units for sale from S$799k to S$2.28M. The lease has approximately 91 years remaining.
What are the key facts about The Essence?
The Essence is a 99-year apartment in District 26 (Yishun) that obtained TOP in 2023, with 84 units across 1 block.
- Tenure
- 99-year
- TOP / Completion
- 2023
- Developer
- CHONG KUO DEVELOPMENT PTE LTD
- Total units
- 84
- Blocks
- 1
- District / Area
- District 26 (Yishun)
- Market segment
- OCR
- Median PSF
- S$1,514 psf
- Last transacted
- May 2026
- Remaining lease
- ≈ 91 years
What is the price and PSF at The Essence?
Units have recently transacted around S$1.07M (S$1,514 psf), at a gross rental yield of about 4.2% (URA caveat data).
Recent median price
S$1.07M
recent · 97 sales on record
Median PSF
S$1,514 psf
recent transactions
Median rent (monthly)
S$3,711
19 rentals on record
Gross rental yield
4.2%
indicative, gross
Units currently for sale are asking a median of S$1,698 psf — about 12% above the most recent transacted PSF.
Source: URA caveat data, through May 2026.
What has recently sold at The Essence?
The Essence has 97 recorded sales; the most recent transacted at S$1,008,888 in May 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| May 2026 | S$1,008,888 | 700 | S$1,442 psf |
| Apr 2026 | S$850,000 | 538 | S$1,579 psf |
| Mar 2026 | S$1,250,000 | 1,001 | S$1,249 psf |
| Jan 2026 | S$1,280,000 | 1,001 | S$1,279 psf |
| Sept 2025 | S$1,070,000 | 689 | S$1,553 psf |
| May 2025 | S$1,180,000 | 700 | S$1,687 psf |
| Jul 2024 | S$815,000 | 538 | S$1,514 psf |
| Jul 2024 | S$838,000 | 538 | S$1,557 psf |
| Apr 2024 | S$1,045,000 | 732 | S$1,428 psf |
| Jan 2024 | S$1,340,000 | 818 | S$1,638 psf |
| Nov 2023 | S$1,100,000 | 624 | S$1,762 psf |
| Nov 2023 | S$1,720,000 | 1,389 | S$1,239 psf |
97 sales and 19 rentals on record since Mar 2019. Source: URA.
What bedroom types are available at The Essence?
The Essence has 41 units listed for sale, spanning 2–3-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 2-bedroom | 38 | S$799k–S$1.39M | S$1,686 psf |
| 3-bedroom | 3 | S$2.28M–S$2.28M | S$1,811 psf |
Where is The Essence and what's nearby?
The Essence is located in Yishun, in the North Region of Singapore.
The Essence is a 99-year apartment completed in 2023. It was developed by CHONG KUO DEVELOPMENT PTE LTD. The development has 84 residential units. It sits on a land area of 4,283 sqm and has a gross floor area of 5,996 sqm.
THE ESSENCE is located at 1 Chong Kuo Road, Singapore 779830. It is part of District 26, Upper Thomson / Springleaf, Yishun. The project falls within the North Region and the OCR market segment.
The nearest rail connection is Springleaf MRT, approximately 667m away, around 10 minutes on foot. Nearby amenities include Meng Suan Interim Park for greenery and recreation. Facilities in the development include Car Park, Gymnasium room, Pavillion, and Pool Deck.
How far is The Essence from MRT and schools?
The nearest MRT/LRT to The Essence is Springleaf MRT, about 667 m away (~10 min walk).
Getting around
- Springleaf MRT667 m · ~10 min
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does The Essence have?
The Essence has 4 facilities, including Car Park, Gymnasium room, Pavillion, Pool Deck.
What does it cost to own a unit at The Essence?
Buying a unit at The Essence (~S$1.07M) needs about S$7,833/mo in income and S$3,604/mo in repayments, after S$27,400 stamp duty and a S$268k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.07M) 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$27,400
BSD, tiered
Downpayment (25%)
S$268k
cash + CPF
Monthly instalment
S$3,604/mo
30y @ 3.5%
Income required
S$7,833/mo
TDSR @ stress rate
Frequently asked questions about The Essence
What is the price at The Essence?⌄
Units at The Essence have recently transacted around S$1.07M (S$1,514 psf), from 97 sales on record (URA caveat data).
What is the PSF at The Essence?⌄
Units for sale at The Essence are asking a median of about S$1,698 psf.
Is The Essence freehold or leasehold?⌄
The Essence is 99-year, with approximately 91 years remaining on the lease.
When was The Essence built?⌄
The Essence obtained TOP in 2023, developed by CHONG KUO DEVELOPMENT PTE LTD.
How many units are for sale at The Essence?⌄
There are 41 units for sale at The Essence, from S$799k to S$2.28M.
What is the rental yield at The Essence?⌄
Gross rental yield at The Essence is about 4.2%, based on median current rents and prices.
How many units are in The Essence?⌄
The Essence has 84 units across 1 block.
What facilities does The Essence have?⌄
The Essence has 4 facilities, including Car Park, Gymnasium room, Pavillion, Pool Deck.
What is the nearest MRT to The Essence?⌄
The nearest MRT/LRT station to The Essence is Springleaf MRT, about 667 m away (~10 min walk).
