The Essence
Apartment · in Yishun, District 26, Singapore · 99 yrs from 04/05/2018 · Completed 2023
The Essence property photo and location
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
Primary schools near The Essence
- Peiying Primary School
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$1,039,444 and the median PSF was S$1,518 psf. The newest record shown is from 14 September 2026. The annual project median was 6.9% higher in 2026 than in 2019; unit mix can affect year-to-year comparisons.
Recent The Essence transactions
| Date | Sale type | Price | PSF | Size |
|---|---|---|---|---|
| 14 September 2026 | Resale | S$770,000 | S$1,431 psf | 538 sqft |
| 10 September 2026 | Resale | S$950,000 | S$1,522 psf | 624 sqft |
| 19 August 2026 | Resale | S$1,080,000 | S$1,544 psf | 700 sqft |
| 29 June 2026 | Resale | S$1,208,000 | S$1,477 psf | 818 sqft |
| 4 June 2026 | Resale | S$975,000 | S$1,562 psf | 624 sqft |
The Essence median transaction PSF (S$)
The Essence annual price trend
| Year | Median price | Median PSF | Recorded sales |
|---|---|---|---|
| 2026 | S$1,008,888 | S$1,477 psf | 9 |
| 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$3,575, 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 August 2026 | 2 BR | S$4,000 | S$5 psf | 800-900 |
| 1 August 2026 | 2 BR | S$3,550 | S$5 psf | 600-700 |
| 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 |
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$1,039,444 and a median of S$1,518 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$3,575 and the estimated rental yield based on the past six months is 3.8%. 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.
Which primary schools are near The Essence?
The primary schools shown within the page’s one-kilometre search are Peiying Primary School (1,000 m). Distances are estimates and do not determine school-admission eligibility.
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 14 September 2026. Figures are indicative and do not constitute financial advice.
