The Essence
An 84-unit apartment in D26, completed in 2023, on a 99-year lease from 2018 with about 90 years left. Developed by Chong Kuo Development Pte Ltd.
Source: Condo master (URA caveats); URA transactions, Nov 2026
What brings you to The Essence?
Buying here? Get a second opinion. 2-bedders here sold for $950k to $1.28M over the last 12 months. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.
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Own a unit here? See what it’s worth. Units here sold at a median $1,477 psf over the last 12 months, across 9 sales. Find out where yours sits, and what your options are.
Stacked works with licensed property agents.
Comparing condos? Units here sold at a median $1,477 psf over the last 12 months, against $2,337 psf across D26 condos. Send us your shortlist and we’ll lay the numbers side by side. Free for buyers of private property.
Stacked works with licensed property agents.
The Essence prices
Prices by bedroom type are based on matching sales to unit sizes.
Show as a table
| Year | This condo | D26 average |
|---|---|---|
| 2026 | $1,454 | $2,240 |
| 2025 | $1,620 | $2,170 |
| 2024 | $1,534 | $2,160 |
| 2023 | $1,434 | $2,024 |
| 2021 | $1,349 | $1,133 |
| 2020 | $1,337 | $1,144 |
| 2019 | $1,347 | $1,082 |
Show as a table
| Year | New sale | Sub sale | Resale | Total |
|---|---|---|---|---|
| 2026 | 0 | 0 | 9 | 9 |
| 2025 | 0 | 1 | 1 | 2 |
| 2024 | 0 | 4 | 0 | 4 |
| 2023 | 0 | 3 | 0 | 3 |
| 2022 | 0 | 0 | 0 | 0 |
| 2021 | 15 | 0 | 0 | 15 |
| 2020 | 48 | 0 | 0 | 48 |
| 2019 | 21 | 0 | 0 | 21 |
Show all 11 sales
Prices by bedroom type are based on matching sales to unit sizes.
Source: URA caveats, Nov 2026. The 2026 averages cover Jan–Nov.
The Essence rent
D26 median rent: $4,000 a month; est. gross yield 2.2%.
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
99-year lease from 4 May 2018. About 90 years remain as of Nov 2026.
Source: Condo master (URA caveats)
The Essence floor plans by bedroom type
13 layouts, from a 538 sq ft 1-bedroom to a 1,679 sq ft 3-bedroom. Pick a type to see its floor plans.
Source: Developer floor plans; bedroom counts read by Stacked
Near The Essence
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.
Source: OneMap walking routes, Nov 2026
Condos and supply around The Essence
Source: URA transactions; URA land sales; OneMap distances, Nov 2026
Read more about The Essence
Dec 2021
End-2021 Ultimate New Launch Cheat Sheet (122 Condos Take Up Rate + Breakeven)
Apr 2021
2021 Ultimate New Launch Cheat Sheet (116 Condos Take Up Rate + Breakeven)
Mar 2019
New condo launch 2019 - All the new launches in one place
Source: Stacked Homes editorial
Questions about The Essence
How many years are left on the lease at The Essence?
About 90 years. It is a 99-year lease from 2018.
When was The Essence completed?
2023.
How many units does The Essence have?
84 units, up to five storeys.
What sizes are the 1-bedroom units?
538 to 581 sq ft across two layouts.
What is the price psf at The Essence?
9 sales in the last 12 months averaged $1,454 psf, ranging from $1,249 to $1,579 psf.
What did the latest sale go for?
A 538 sq ft unit sold for $770k ($1,431 psf) on 14 Sep 2026.
How much is the rent at The Essence?
Leases starting Sep 2025–Aug 2026 had a median rent of $3,700 a month ($3,600 for a 2-bedroom). That is an estimated gross yield of about 4.3%, before costs.
What is the nearest MRT station?
Springleaf (TE), an 8-minute walk (680 m).
Who developed The Essence?
Chong Kuo Development Pte Ltd.
Answers generated from the data on this page, Nov 2026