The Essence
Apartment · in Yishun, District 26, Singapore · 99 yrs from 04/05/2018 · Completed 2023
The Essence site plan and project gallery
Site plan is shown first when available. Scroll to view more project images.
Intro: The Essence offers a serene, nature-centric retreat in the North that keeps you within a seven-minute walk of Springleaf MRT station 🚆.
Good to know: Completed in 2023, this boutique development features only 84 units across a low-rise five-storey layout 🌳; Located along Chong Kuo Road, the property is a quick commute away from the lush trails of Springleaf Nature Park 🍃.
Practical note: While the low-density surroundings provide a peaceful atmosphere, residents may find that daily amenities and primary schools require a short drive or bus ride 🚌.
The Essence project details
GLS Site
MRT and LRT stations near The Essence
- SpringleafTE4
The Essence price, PSF and transaction trends
The Essence transaction volume
Among the latest 12 recorded sales for The Essence, the median price was S$1,057,500 and the median PSF was S$1,534 psf. The newest record shown is from 29 June 2026. The annual project median was 5.6% higher in 2026 than in 2019; unit mix can affect year-to-year comparisons.
Recent The Essence transactions
| Date | Sale type | Price | PSF | Size |
|---|---|---|---|---|
| 29 June 2026 | Resale | S$1,208,000 | S$1,477 psf | 818 sqft |
| 4 June 2026 | Resale | S$975,000 | S$1,562 psf | 624 sqft |
| 25 May 2026 | Resale | S$1,008,888 | S$1,442 psf | 700 sqft |
| 6 April 2026 | Resale | S$850,000 | S$1,579 psf | 538 sqft |
| 23 March 2026 | Resale | S$1,250,000 | S$1,249 psf | 1,001 sqft |
The Essence median transaction PSF (S$)
The Essence annual price trend
| Year | Median price | Median PSF | Recorded sales |
|---|---|---|---|
| 2026 | S$1,108,444 | S$1,460 psf | 6 |
| 2025 | S$1,125,000 | S$1,620 psf | 2 |
| 2024 | S$941,500 | S$1,536 psf | 4 |
| 2023 | S$1,100,000 | S$1,301 psf | 3 |
| 2021 | S$1,006,000 | S$1,390 psf | 15 |
| 2020 | S$1,006,500 | S$1,355 psf | 48 |
| 2019 | S$1,051,090 | S$1,382 psf | 21 |
The Essence annualized profit %
The Essence rental prices and estimated yield
Among the latest 12 recorded rental contracts for The Essence, the median monthly rent was S$3,550, with records ranging from S$3,100 to S$4,700.
Recent The Essence rental contracts
| Lease date | Bedrooms | Monthly rent | Est. PSF | Area |
|---|---|---|---|---|
| 1 April 2026 | 2 BR | S$3,100 | S$4 psf | 700-800 |
| 1 March 2026 | 2 BR | S$3,800 | S$4 psf | 1000-1100 |
| 1 December 2025 | 2 BR | S$3,300 | S$4 psf | 700-800 |
| 1 November 2025 | 3 BR | S$4,700 | S$4 psf | 1200-1300 |
| 1 October 2025 | 2 BR | S$3,600 | S$5 psf | 700-800 |
The Essence rental volume
Frequently asked questions about The Essence
How much do units at The Essence cost?
The latest 12 recorded sales show a median price of S$1,057,500 and a median of S$1,534 psf. Actual prices vary by floor, size, facing, condition and sale date.
What are the rental price and estimated yield at The Essence?
The latest recorded median monthly rent is S$3,550 and the estimated rental yield based on the past six months is 3.2%. Rental yield is indicative and can vary by unit and costs.
Is The Essence freehold or leasehold?
The Essence has a tenure of 99 yrs from 04/05/2018.
When was The Essence completed and who developed it?
The Essence was completed in 2023, the developer is Chong Kuo Development Pte Ltd, and the project has 84 units.
Which MRT or LRT station is nearest to The Essence?
Springleaf is the nearest station shown, at an estimated straight-line distance of 490 metres.
Data sources and methodology
Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 29 June 2026. Figures are indicative and do not constitute financial advice.
