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Singapore Property News, Insights and Analysis

Completed 2009

Espa

D23 · Bukit Batok / Bukit Panjang / Choa Chu Kang · 16 Cashew Road

A 78-unit condo in D23, completed in 2009. Developed by Sb Development Pte Ltd.

Source: Condo master (URA caveats); URA transactions, Nov 2026

999 yrs
Tenure
$1,777
Avg $psf, 12 months
2
Sales, 12 months
2009
Completed

What brings you to Espa?

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02 — Prices

Espa prices

Last 12 months
2
Sales
$1,777
Average $psf
$1,674 – $1,880
$psf range
$1.7M – $1.82M
Price range
By bedroom type
Last 3 years
TypeSalesAvg $psfPrice rangeSize
2-Bedroom1 sale$1,880 psf$1.7M904 sq ft

Prices by bedroom type are based on matching sales to unit sizes.

By unit size
Last 3 years
SizeSalesAvg $psfAvg pricePrice range
900–1,099 sq ft3 sales$1,748 psfAvg $1.77M$1.7M – $1.82M
1,600–1,999 sq ft1 sale$1,441 psf$2.42M
Average $psf by year
In 2025, sales here averaged $1,441 psf, 6% below the D23 average of $1,532 psf for private homes (condos, apartments and ECs).
This condoD23 average
Show as a table
YearThis condoD23 average
2026$1,777$1,645
2025$1,441$1,532
2024$1,689$1,591
2022$1,452$1,263
2021$1,400$1,286
2020$1,083$1,094
2019$1,109$1,089
2018$1,129$999
2017$1,072$945
2016$840$914
2015$981$958
2013$1,010$1,151
Sales by year
79 sales since 2007; the busiest year was 2007 with 30. The 2026 bar covers Jan–Nov.
New saleSub saleResale
Show as a table
YearNew saleSub saleResaleTotal
20260022
20250011
20240011
20230000
20220044
20210022
20200033
20190022
2018001111
20170044
20160022
20150022
20140000
20130011
20120044
20110011
20100033
20090033
20081203
2007291030
Sales in the last two years
4 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
30 Jun 2026#02-XX904 sq ft · 2-Bedroom$1.7M$1,880 psfResale
4 May 2026#02-XX1,087 sq ft$1.82M$1,674 psfResale
11 Mar 2025#01-XX1,679 sq ft$2.42M$1,441 psfResale
9 Dec 2024#03-XX1,066 sq ft$1.8M$1,689 psfResale
Compared with nearby condos

Prices by bedroom type are based on matching sales to unit sizes.

Source: URA caveats, Nov 2026. The 2026 averages cover Jan–Nov.

03 — Rent

Espa rent

Leases starting Sep 2025–Aug 2026
13
Leases
$4,200
Median rent a month

D23 median rent: $3,800 a month; est. gross yield 2.8%.

By bedroom type
TypeLeasesMedian rentMiddle halfD23 median
3-Bedroom8 leases$4,000 median$4,000 – $4,500D23 $4,300
4-Bedroom4 leases$4,250 median$4,200 – $4,825D23 $5,500
Rent and yield compared with nearby condos

Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Unit mix

Espa floor plans by bedroom type

13 layouts, from a 850 sq ft 2-bedroom to a 1,237 sq ft 4-bedroom. Pick a type to see its floor plans.

Source: Developer floor plans; bedroom counts read by Stacked

05 — Location

Near Espa

MRT stations
DT Cashew 480 m · 6 min walk
DT Hillview 930 m · 11 min walk
BP Bukit Panjang LRT 1.5 km · 18 min walk
BP Petir LRT 1.5 km · 18 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 1 km
CHIJ Our Lady Queen of Peace 360 m · 6 min walk
Bukit Panjang Primary SchoolPopular 660 m · 10 min walk
Within 2 km
Zhenghua Primary School 1.2 km · 22 min walk
West View Primary School 1.7 km · 28 min walk
St. Anthony's Primary School 1.9 km · 52 min walk
Greenridge Primary School 1.9 km · 31 min walk
Beacon Primary School 1.9 km · 27 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Park Dairy Farm Nature Park 820 m · 10 min
Clinic Phoenix Medical Group (Hillview) 1.3 km · 15 min
Supermarket Cold Storage / Giant 1.3 km · 15 min
Hawker centre Bukit Panjang Hawker Centre 1.5 km · 18 min
Map of the area around Espa, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

06 — Nearby

Condos and supply around Espa

Upcoming supply
Dairy Farm Walk940 m · about 458 units · 2.94 ha Awarded · $10,359 psm GFA · Jan 2026
Dairy Farm Walk940 m · about 511 units · 2.19 ha Awarded · $10,979 psm GFA · Jan 2025
De Souza Avenue2.7 km · about 395 units · 2.22 ha Upcoming
De Souza Avenue2.7 km · about 342 units · 1.92 ha Awarded · $9,057 psm GFA · Aug 2024

Source: URA transactions; URA land sales; OneMap distances, Nov 2026

07 — From Stacked

Read more about Espa

Source: Stacked Homes editorial

08 — FAQ

Questions about Espa

What is the tenure of Espa?

999-year lease from 1882.

When was Espa completed?

2009.

How many units does Espa have?

78 units, up to five storeys.

What sizes are the 2-bedroom units?

850 to 904 sq ft across four layouts.

What is the price psf at Espa?

2 sales in the last 12 months averaged $1,777 psf, ranging from $1,674 to $1,880 psf.

What did the latest sale go for?

A 904 sq ft unit sold for $1.7M ($1,880 psf) on 30 Jun 2026.

How much is the rent at Espa?

Leases starting Sep 2025–Aug 2026 had a median rent of $4,200 a month ($4,000 for a 3-bedroom and $4,250 for a 4-bedroom).

What is the nearest MRT station?

Cashew (DT), a 6-minute walk (480 m). Hillview (DT) is 930 m away.

Which primary schools are within 1 km?

CHIJ Our Lady Queen of Peace, 360 m away and Bukit Panjang Primary School, 660 m away.

Who developed Espa?

Sb Development Pte Ltd.

Answers generated from the data on this page, Nov 2026