Rent vs D23 +7.9%
Rents near district median
Espa's latest 12-month median rent is $4,100 compared with the D23 median of $3,800 for the same period. Use this district check before narrowing by bedroom and area band.
Espa rent and sale price
D23 / Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang
Address 12 Cashew Road Espa Singapore 679693
Open map
Quick summary about Espa
Espa is a 999-year leasehold condominium in D23 / Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang. The page currently tracks 107 rentals and 8 sales.
- Latest 12M median rent is $4,100 per month from 14 rentals. The bedroom and floor-area tables below show the full loaded history.
- Latest 12M median sale price is $1,820,000, with median sale PSF at $1,674 psf from 1 sales.
- Rent is flat over the last 3 months. Sale PSF is up 9.7% over the last 3 months.
Espa Market Brief
Compare the project with D23 across rent, sale PSF, tenure and transaction activity.
Compared with D23
Sale PSF vs D23 +4.4%
Sale PSF near district median
Espa's latest 12-month median sale PSF is $1,674 psf versus the D23 median of $1,603 psf for the same period. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 2.70%
Rent support near district screen
Gross yield is roughly 2.70% versus a D23 screen of 3.00%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 58.5% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity -27.3%
Activity is lighter
8 recent transactions versus 11 in the prior 6-month view.
Tenure lens 999-year leasehold
Leasehold comparison needed
999-year leasehold from 1882 matters most on sale price. Compare Espa against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Before you decide
Latest 12M median rent $4,100
Is the asking rent fair?
$3,900 to $4,300 is the first fair-rent band to check. Above $4,300 should have a visible reason.
Latest 12M median sale PSF $1,674 psf
Is the purchase price fair?
$1,770,000 to $1,870,000 and $1,620 to $1,720 psf are the first sale checks before adjusting for floor, size, view and condition.
3 bed rent $4,000
Are similar units renting for more?
3 bed and 1,000 to 1,100 sqft give the closest unit-size checks.
Rent stability 58.5% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume -27.3%
Is activity rising?
Activity is lighter. 8 recent transactions versus 11 in the prior 6-month view.
Espa Project Facts
Project-level details from URA records and local enrichment.
Tenure 999-year leasehold from 1882
Property type Condominium, Non-Landed Properties
Sales 8 resale transactions
Total sold value $13.8M
Espa Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 107 Jun 2021 to Jun 2026
Sale transactions 8 Oct 2021 to May 2026
Rent trend 0.0% Last 3 months
Sale PSF trend 9.7% Last 3 months
Espa Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
CASHEW MRT STATION (DT2) 0.13 km away
CASHEW MRT STATION 0.14 km away
HILLVIEW MRT STATION 0.75 km away
Schools nearby
BUKIT PANJANG PRIMARY SCHOOL 0.67 km away
GREENRIDGE SECONDARY SCHOOL 0.73 km away
ZHENGHUA PRIMARY SCHOOL 1.24 km away
WEST VIEW PRIMARY SCHOOL 1.71 km away
Amenities
DAIRY FARM PARK CONNECTOR Park / green link · 0.71 km away
BUKIT PANJANG HAWKER CENTRE Food centre · 1.23 km away
Espa Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $4,000 37 rentals in view
Latest median sale PSF $1,674 psf 3 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jun 2026 1 $4,000 0 - -
May 2026 1 $4,000 1 $1,674 psf $1,820,000
Feb 2026 1 $5,400 0 - -
Jan 2026 1 $3,400 0 - -
Dec 2025 1 $4,000 0 - -
Nov 2025 2 $4,400 0 - -
Oct 2025 1 $4,300 0 - -
Sept 2025 1 $4,200 0 - -
Aug 2025 4 $4,450 0 - -
Jul 2025 1 $3,000 0 - -
Jun 2025 2 $4,200 0 - -
Apr 2025 2 $3,250 0 - -
Projects Similar to Espa
Same district, ranked by similar rent, sale PSF and transaction depth.
999-year leasehold from 1882 Hazel Park Condominium 0.4 km away 461 transactions
- Median rent
- $3,700
- Median sale PSF
- $1,620 psf
- Median rent
- $4,100
- Median sale PSF
- $1,587 psf
- Median rent
- $4,200
- Median sale PSF
- $1,478 psf
- Median rent
- $3,700
- Median sale PSF
- $1,666 psf
- Median rent
- $3,825
- Median sale PSF
- $1,547 psf
- Median rent
- $4,250
- Median sale PSF
- $1,572 psf
Espa Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
2 bed $3,000 $3,011 18
3 bed $4,000 $3,776 55
4 bed $4,200 $3,949 34
Espa Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
800 to 900 sqft $3,200 $3,018 11
900 to 1,000 sqft $3,000 $3,000 7
1,000 to 1,100 sqft $3,800 $3,533 33
1,100 to 1,200 sqft $4,000 $3,814 21
1,200 to 1,300 sqft $4,200 $4,050 21
1,300 to 1,400 sqft $4,050 $4,050 2
1,400 to 1,500 sqft $5,400 $5,400 1
1,600 to 1,700 sqft $4,100 $3,967 9
Espa Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $1,740,000 $1,485 psf 8
Espa Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
Espa shows a latest 12-month median monthly rent of $4,100 across 14 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Latest 12M median rent $4,100
Rentals in period 14
Rent signal Strong
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Latest 12M sales at Espa show a median price of $1,820,000 and $1,674 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Latest 12M median sale $1,820,000
Latest 12M median PSF $1,674 psf
Sale signal Moderate
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 999-year leasehold from 1882 should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. Espa has 8 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Moderate
Total sold value $13.8M
Latest record Jun 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
Run Espa numbers
Start with the project benchmarks, then adjust the calculator assumptions for the unit you are considering.
Rental yield $4,100/mo Test gross and net yield against typical rent. Buy vs rent $1.8M Compare ownership cost against renting. Mortgage $1.8M Estimate monthly payment from the sale price. Stamp duty $1,674 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
District context
Use D23 to compare Espa against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
Espa FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Espa?
Espa has a latest 12-month median monthly rent of $4,100 across 14 rentals in that period.
What is the typical sale price at Espa?
The latest 12-month median sale price for Espa is $1,820,000, based on 1 sales in that period.
What is the median sale PSF at Espa?
The latest 12-month median sale price per square foot for Espa is $1,674 psf. The average for the same period is $1,674 psf.
Is Espa freehold or leasehold?
Espa is listed as 999-year leasehold from 1882. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Espa located?
Espa is located at 12 Cashew Road Espa Singapore 679693 in D23 / Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang.
How current is the Espa transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.