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The Essence

A 99-year leasehold apartment in District 26 (Outside Central Region), completed in 2023.

12 months to Sep 2026

  • Median psf $1,511
  • Sales 6
  • Atlas score 51 out of 100

The project

Project facts

Developer
Chong Kuo Development Pte Ltd
Total units
84
Storeys
5
TOP
2023
Tenure
99-year leasehold from 2018
Property type
Apartment
District
District 26
Market segment
Outside Central Region (OCR)
Street
Chong Kuo Road
Units sold at least once
84

PLB Atlas

Atlas score

51 out of 100

From 9 of 10 parts, each scored 1 to 5.

  • Bala's Curve5 out of 5
  • Exit audience1 out of 5
  • Land size / density3 out of 5
  • MRT proximity2 out of 5
  • Quantum5 out of 5
  • Region disparity2 out of 5
  • Rental demand2 out of 5
  • Parents' attraction1 out of 5
  • Volume2 out of 5

Not scored: District disparity. The score counts only the parts that were scored.

The Atlas score is PLB's own reading of how well a project may hold its value when it is sold on: the parts' total as a share of the most they could score. It is an estimate, not advice or a valuation.

Last five years

Price per square foot, month by month

In the 12 months to Sep 2026: 6 sales, median $1,511 psf.

Median price per square foot at The Essence each month, Oct 2021 to Sep 2026. Sales of more than one unit are left out. Median price per square foot for The Essence each month from Oct 2021 to Sep 2026. Lowest $1,279 in Jan 2026; highest $1,687 in May 2025; latest $1,544 in Aug 2026. 48 months had no sales. Jun 2023: median $1,301 psf, 1 saleNov 2023: median $1,501 psf, 2 salesJan 2024: median $1,638 psf, 1 saleApr 2024: median $1,428 psf, 1 saleJul 2024: median $1,536 psf, 2 salesMay 2025: median $1,687 psf, 1 saleSep 2025: median $1,553 psf, 1 saleJan 2026: median $1,279 psf, 1 saleApr 2026: median $1,579 psf, 1 saleMay 2026: median $1,442 psf, 1 saleJun 2026: median $1,520 psf, 2 salesAug 2026: median $1,544 psf, 1 sale
Median price per square foot at The Essence each month, Oct 2021 to Sep 2026. Sales of more than one unit are left out.
Show these numbers as a table
MonthMedian psfSales
Aug 2026$1,5441
Jun 2026$1,5202
May 2026$1,4421
Apr 2026$1,5791
Jan 2026$1,2791
Sep 2025$1,5531
May 2025$1,6871
Jul 2024$1,5362
Apr 2024$1,4281
Jan 2024$1,6381
Nov 2023$1,5012
Jun 2023$1,3011
YearMedian psfSales
2026$1,5116
2025$1,6202
2024$1,5364
2023$1,3013
2021$1,39015
2020$1,35548
2019$1,38221

Newest first

Each sale

The date the sale was agreed, the range of floors the home is on, its area, price and price per square foot, and whether it was bought from the developer (new sale), before completion from another buyer (sub sale) or after completion (resale).

DateFloorsArea (sq ft)PricePrice psfType of sale
19 Aug 20261 to 5700$1,080,000$1,544Resale
29 Jun 20261 to 5818$1,208,000$1,477Resale
4 Jun 20261 to 5624$975,000$1,562Resale
25 May 20261 to 5700$1,008,888$1,442Resale
6 Apr 20261 to 5538$850,000$1,579Resale
16 Jan 20261 to 51,001$1,280,000$1,279Resale
8 Sep 20251 to 5689$1,070,000$1,553Resale
5 May 20251 to 5700$1,180,000$1,687Sub sale
18 Jul 20241 to 5538$838,000$1,557Sub sale
18 Jul 20241 to 5538$815,000$1,514Sub sale
12 Apr 20241 to 5732$1,045,000$1,428Sub sale
8 Jan 20241 to 5818$1,340,000$1,638Sub sale
30 Nov 20231 to 5624$1,100,000$1,762Sub sale
17 Nov 20231 to 51,389$1,720,000$1,239Sub sale
13 Jun 20231 to 5538$700,000$1,301Sub sale
23 Sep 20211 to 51,679$1,810,000$1,078New sale
1 Sep 20211 to 5732$1,008,000$1,377New sale
24 Aug 20211 to 51,679$1,810,000$1,078New sale
1 May 20211 to 5700$1,017,000$1,454New sale
30 Apr 20211 to 51,389$1,577,400$1,136New sale
20 Apr 20211 to 5700$1,000,000$1,429New sale
16 Apr 20211 to 51,076$1,452,800$1,350New sale
25 Feb 20211 to 5689$957,660$1,390New sale
22 Feb 20211 to 5700$1,041,000$1,488New sale
27 Jan 20211 to 5689$957,660$1,390New sale
22 Jan 20211 to 5732$1,003,000$1,370New sale
21 Jan 20211 to 5700$1,006,000$1,438New sale
19 Jan 20211 to 5700$992,000$1,418New sale
9 Jan 20211 to 5700$992,400$1,418New sale
6 Jan 20211 to 5700$999,000$1,428New sale
28 Dec 20201 to 5904$1,128,000$1,248New sale
27 Dec 20201 to 5700$1,029,000$1,471New sale
22 Dec 20201 to 5732$1,030,000$1,407New sale
22 Dec 20201 to 51,259$1,612,130$1,280New sale
12 Dec 20201 to 5893$1,085,900$1,215New sale
26 Nov 20201 to 51,259$1,663,000$1,320New sale
17 Nov 20201 to 5689$826,870$1,200New sale
14 Nov 20201 to 51,227$1,670,000$1,361New sale
13 Nov 20201 to 5786$969,200$1,233New sale
12 Nov 20201 to 51,001$1,148,888$1,148New sale
12 Nov 20201 to 5538$787,000$1,462New sale
3 Nov 20201 to 51,044$1,368,180$1,310New sale
1 Nov 20201 to 5786$969,000$1,233New sale
1 Nov 20201 to 5732$1,034,000$1,413New sale
1 Nov 20201 to 51,044$1,407,000$1,348New sale
30 Oct 20201 to 5689$861,700$1,251New sale
26 Oct 20201 to 5700$1,003,000$1,434New sale
14 Oct 20201 to 5904$1,085,600$1,201New sale
5 Oct 20201 to 5753$952,600$1,264New sale
30 Sep 20201 to 51,227$1,617,700$1,318New sale
25 Sep 20201 to 5538$756,370$1,405New sale
19 Sep 20201 to 5538$810,000$1,505New sale
1 Sep 20201 to 51,044$1,408,000$1,349New sale
16 Aug 20201 to 51,259$1,656,000$1,315New sale
15 Aug 20201 to 5581$806,200$1,387New sale
12 Aug 20201 to 5538$783,100$1,455New sale
10 Aug 20201 to 5753$933,000$1,238New sale
30 Jul 20201 to 5624$886,000$1,419New sale
10 Jul 20201 to 5581$782,690$1,347New sale
10 Jul 20201 to 5538$795,830$1,479New sale
8 Jul 20201 to 51,001$1,125,000$1,124New sale
8 Jul 20201 to 51,076$1,415,000$1,315New sale
29 Jun 20201 to 51,227$1,560,000$1,271New sale
20 Jun 20201 to 51,389$1,540,000$1,109New sale
9 Jun 20201 to 5732$1,006,000$1,374New sale
9 Jun 20201 to 5689$990,970$1,438New sale
6 May 20201 to 5538$745,000$1,384New sale
2 May 20201 to 5538$750,000$1,394New sale
29 Mar 20201 to 5700$985,200$1,408New sale
29 Mar 20201 to 5700$974,000$1,392New sale
17 Mar 20201 to 5732$1,007,000$1,376New sale
14 Mar 20201 to 5732$1,016,000$1,388New sale
11 Mar 20201 to 5893$1,092,888$1,223New sale
23 Feb 20201 to 5732$1,024,090$1,399New sale
21 Feb 20201 to 5624$883,000$1,414New sale
17 Feb 20201 to 5624$883,000$1,414New sale
12 Feb 20201 to 51,044$1,368,180$1,310New sale
30 Jan 20201 to 5624$880,000$1,410New sale
16 Oct 20191 to 5732$1,035,850$1,415New sale
16 Oct 20191 to 51,076$1,396,500$1,297New sale
14 Oct 20191 to 5624$880,330$1,410New sale
8 Oct 20191 to 5624$880,330$1,410New sale
7 Oct 20191 to 5689$980,000$1,423New sale
30 Sep 20191 to 5538$760,000$1,412New sale
14 Sep 20191 to 5732$1,051,090$1,436New sale
21 Aug 20191 to 51,001$1,127,000$1,126New sale
5 Aug 20191 to 5732$1,051,090$1,436New sale
3 Aug 20191 to 51,227$1,621,520$1,321New sale
28 Jun 20191 to 51,259$1,609,000$1,278New sale
16 Jun 20191 to 5624$862,894$1,382New sale
7 Jun 20191 to 5700$996,190$1,424New sale
26 May 20191 to 5624$877,430$1,405New sale
21 Apr 20191 to 5732$1,013,950$1,385New sale
18 Apr 20191 to 51,001$1,115,000$1,114New sale
31 Mar 20191 to 5818$1,081,950$1,323New sale
8 Mar 20191 to 5818$1,100,000$1,345New sale
2 Mar 20191 to 51,076$1,390,220$1,292New sale
2 Mar 20191 to 5818$1,058,800$1,294New sale
2 Mar 20191 to 5818$1,115,206$1,363New sale

Rents

Rents by bedrooms

QuarterAll
Oct to Dec 2025$3,600 (3)

Median monthly rent, with the number of leases in brackets. A figure is shown only where 3 or more leases were signed in the quarter.

Gross rental yield: not enough recent leases or sales to estimate it.

About the data

Where these figures come from

  • Sales and rents: URA's records. Floors are shown as 5-storey ranges; unit numbers are never shown.
  • Medians leave out sales of more than one unit in a single transaction.
  • Project facts are from PLB's project records. Where they give no TOP year, the completion year in the sale records is used.
  • The Atlas score and the gross rental yield are PLB's estimates.

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