Espa rent and sale price

D23 / Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang

Espa market snapshot with median rent, sale price, sale PSF and transaction counts
Address 12 Cashew Road Espa Singapore 679693
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Typical rent $3,800 105 rentals
Typical sale price $1,740,000 8 sales
Typical sale PSF $1,485 psf Average $1,507 psf
Estimated gross yield 2.6% Median annual rent / median sale
Condominium, Non-Landed Properties 113 transactions 999-year leasehold from 1882 Latest records Jun 2026
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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 105 rentals and 8 sales.

Espa Market Position

How this project compares with the wider D23 market before you read the detailed tables.

Rent vs D23 +8.6%

Rents near district median

Espa's median rent is $3,800 compared with the D23 median of $3,500. Use this as the district-level check before narrowing by bedroom and area band.

Sale PSF vs D23 Near district

Sale PSF near district median

Espa's median sale PSF is $1,485 psf versus the D23 median of $1,486 psf. A premium should be explained by tenure, condition, floor, view or scarcity.

Rent support 2.62%

Rent support near district screen

Gross yield is roughly 2.62% versus a D23 screen of 2.92%. Treat this as a first-pass rent support signal before costs, vacancy and financing.

Rent stability 57.5% spread

Rent is uneven

Recent median rents vary a lot, usually because unit mix differs month to month.

Market activity -46.2%

Activity is lighter

7 recent transactions versus 13 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.

Espa Decision Snapshot

Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.

Median rent $3,800

Is the asking rent fair?

$3,600 to $4,000 is the first fair-rent band to check. Above $4,000 should have a visible reason.

Median sale PSF $1,485 psf

Is the purchase price fair?

$1,690,000 to $1,790,000 and $1,440 to $1,530 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 57.5% spread

Is rent stable here?

Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.

Transaction volume -46.2%

Is activity rising?

Activity is lighter. 7 recent transactions versus 13 in the prior 6-month view.

Run Espa numbers

Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.

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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 105 Jun 2021 to Feb 2026
Sale transactions 8 Oct 2021 to May 2026
Rent trend -7.0% Last 3 months
Sale PSF trend 9.7% Last 3 months

Espa Location

Nearest transport, schools and daily conveniences around the project.

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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

BISHAN NORTH SHOPPING MALL Mall / retail · 8.91 km away
FAIRPRICE HUB Daily needs · 10.81 km away
DAIRY FARM PARK CONNECTOR Park / green link · 0.71 km away
BUKIT PANJANG HAWKER CENTRE Food centre · 1.23 km away

Projects Similar to Espa

Same district, ranked by similar rent, sale PSF and transaction depth.

View D23

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 $3,768 53
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 $3,503 31
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

$5,400 3 bed · 1,400 to 1,500 sqft · Feb 2026
$3,400 2 bed · 800 to 900 sqft · Jan 2026
$4,000 3 bed · 1,000 to 1,100 sqft · Dec 2025
$4,600 3 bed · 1,200 to 1,300 sqft · Nov 2025
$4,200 4 bed · 1,100 to 1,200 sqft · Nov 2025
$4,300 4 bed · 1,200 to 1,300 sqft · Oct 2025
$4,200 4 bed · 1,200 to 1,300 sqft · Sept 2025
$4,000 3 bed · 1,000 to 1,100 sqft · Aug 2025

Sales

$1,820,000 1,087 sqft · $1,674 psf · 01 to 05 · May 2026
$2,420,000 1,679 sqft · $1,441 psf · 01 to 05 · Mar 2025
$1,800,000 1,066 sqft · $1,689 psf · 01 to 05 · Dec 2024
$1,680,000 1,066 sqft · $1,577 psf · 01 to 05 · Sept 2022
$1,380,000 904 sqft · $1,526 psf · 01 to 05 · Jul 2022
$1,280,000 904 sqft · $1,416 psf · 01 to 05 · Apr 2022
$1,858,000 1,442 sqft · $1,288 psf · 01 to 05 · Jan 2022
$1,570,000 1,087 sqft · $1,444 psf · 01 to 05 · Oct 2021

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 signal Strong Good project-level rent anchor
Sale signal Moderate Useful, compare nearby projects
Rent negotiation

If you are renting

Espa shows a typical monthly rent of $3,800 across 105 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.

Median rent $3,800
Rentals 105
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

Recent sales at Espa point to a typical sale price of $1,740,000 and $1,485 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.

Median sale $1,740,000
Median PSF $1,485 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 May 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.

District context

Use D23 to compare Espa against the wider area.

Open district page

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 median monthly rent of $3,800 across 105 rentals.

What is the typical sale price at Espa?

The median sale price for Espa is $1,740,000, based on 8 sales on this page.

What is the median sale PSF at Espa?

The median sale price per square foot for Espa is $1,485 psf. The average sale PSF is $1,507 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.