The Essence

2023
Cover
Entrance
Pool

About The Essence

The Essence Highlights

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A more secluded abode ~ Located in District 26, nestled within a low-density private residential enclave that is part of the government’s designated rejuvenation region.

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Award-winning architectural design ~ The contemporary elegance of marble and glass, a minimalist palette of warm earthy tones, and a series of courtyards, framed with sculptural trees.

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Surrounded by nature ~ Springleaf Nature Park, Upper and Lower Seletar Reservoir Park are within easy reach for family weekend outings.

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Key Property Details

Project Name

The Essence

Address

1 Chong Kuo Road, Singapore 779830
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Nearest MRT

Springleaf MRT

TOP date

1 Jan 2023

Tenure

99 YEARS

Launch Date

2 Mar 2019

Project Size

Small (84 units)

Number of Units

84

Bedrooms

2, 3

District

D26

Neighbourhood

Yishun

Blocks

1

Floors

05

Carpark Spaces

94

Property type

Condo Apartment

Land Size

46,102.2 sqft

Gross Floor area

5,996.1 sqm, 64,541.6 sqft

Developer

Chong Kuo Development Pte. Ltd.

Buildings in The Essence

  • 1 Chong Kuo Road779830

Facilities for The Essence

  • BBQ

    BBQ

  • Gym

    Gym

  • Lap Pool

    Lap Pool

  • Pavilion

    Pavilion

  • Pool Deck

    Pool Deck

Floor Plans

The Essence has a total of 84 units, from 2 Beds - 1 Bath to 3 Beds - 3 Bath units. There are 28 types of floor plan from 538 sqft to 1,679 sqft

Total floor plans

28 Types

Bedroom type

2, 3

Floor plans for The Essence

All

2

3

Unit mix of The Essence

Bedroom type

Price range (indicative)

Psf range (indicative)

Area range

No. of units

Floor plans

1+1 room

-

-

49 - 64 sqm 538 - 689 sqft

12

4 floorplans

2 room

-

-

57 - 73 sqm 624 - 786 sqft

12

3 floorplans

2 room premium

-

-

64 - 92 sqm 689 - 1,001 sqft

40

13 floorplans

3 room

-

-

96 - 155 sqm 1,044 - 1,679 sqft

20

8 floorplans

Data is sourced from URA, the official developer brochure, and the 99.co database

Site Plans

The Essence has 20 stacks, 1 block and up to 05 storeys.

Total blocks

1 Block

Total units

84 Units

Site plans and elevation charts for The Essence

The Essence Condo Site Plan in Yishun by Chong Kuo Development Pte. Ltd. - Photo 0

Site Map

Pricing & Transaction History

Sale transaction history for The Essence

98 sale transactions

All

Studio

1 BR

2 BR

3 BR

4 BR

5+ BR

Date sold
Block
Unit
Beds
PSF
Area (sqft)
Price sold
04/2026
01
#04-xx
2 BR
S$ 1,580
538
S$ 850,000
03/2026
01
#05-xx
2 BR
S$ 1,249
1,001
S$ 1.250M
01/2026
01
#05-xx
2 BR
S$ 1,279
1,001
S$ 1.280M
09/2025
01
#02-xx
2 BR
S$ 1,553
689
S$ 1.070M
05/2025
01
#04-xx
2 BR
S$ 1,688
699
S$ 1.180M
07/2024
01
#0x-xx
2 BR
S$ 1,515
538
S$ 815,000
07/2024
01
#0x-xx
2 BR
S$ 1,558
538
S$ 838,000
04/2024
01
#0x-xx
2 BR
S$ 1,428
732
S$ 1.045M
01/2024
01
#0x-xx
2 BR
S$ 1,638
818
S$ 1.340M
11/2023
01
#0x-xx
2 BR
S$ 1,763
624
S$ 1.100M
11/2023
01
#0x-xx
3 BR
S$ 1,239
1,388
S$ 1.720M
06/2023
01
#0x-xx
2 BR
S$ 1,301
538
S$ 700,000
09/2021
01
#0x-xx
3 BR
S$ 1,078
1,679
S$ 1.810M
09/2021
01
#0x-xx
2 BR
S$ 1,377
732
S$ 1.008M
08/2021
01
#0x-xx
3 BR
S$ 1,078
1,679
S$ 1.810M
05/2021
01
#0x-xx
2 BR
S$ 1,453
700
S$ 1.017M
04/2021
01
#0x-xx
3 BR
S$ 1,136
1,389
S$ 1.577M
04/2021
01
#0x-xx
2 BR
S$ 1,429
700
S$ 1.000M
04/2021
01
#0x-xx
3 BR
S$ 1,350
1,076
S$ 1.453M
02/2021
01
#0x-xx
2 BR
S$ 1,390
689
S$ 957,660

Source: URA, Realis and 99.co

Rent transaction history for The Essence

19 rent transactions

All

Studio

1 BR

2 BR

3 BR

4 BR

5+ BR

Date
Beds
PSF
Area (sqft)
Price
04/2026
2 BR
S$ 4.23
700-800
S$ 3,100
03/2026
2 BR
S$ 3.80
1,000-1,100
S$ 3,800
12/2025
2 BR
S$ 4.51
700-800
S$ 3,300
11/2025
3 BR
S$ 3.83
1,200-1,300
S$ 4,700
10/2025
2 BR
S$ 4.92
700-800
S$ 3,600
09/2025
2 BR
S$ 3.85
1,000-1,100
S$ 3,850
06/2025
2 BR
S$ 4.71
600-700
S$ 3,300
05/2025
2 BR
S$ 4.37
700-800
S$ 3,200
11/2024
2 BR
S$ 3.60
1,000-1,100
S$ 3,600
10/2024
2 BR
S$ 4.78
700-800
S$ 3,500
08/2024
2 BR
S$ 4.86
600-700
S$ 3,400
07/2024
2 BR
S$ 3.65
1,000-1,100
S$ 3,650
06/2024
2 BR
S$ 3.80
1,000-1,100
S$ 3,800
05/2024
2 BR
S$ 3.80
1,000-1,100
S$ 3,800
02/2024
2 BR
S$ 4.89
800-900
S$ 4,000
01/2024
2 BR
S$ 3.80
1,000-1,100
S$ 3,800
10/2023
2 BR
S$ 4.92
700-800
S$ 3,600
09/2023
2 BR
S$ 4.00
1,000-1,100
S$ 4,000
09/2023
2 BR
S$ 5.43
600-700
S$ 3,800

Source: URA, Realis and 99.co

Payment structure & financing options

Sale price

S$

S$ 4,158

/month

Principal
S$ 2,283
Interest
S$ 1,875

Downpayment (25%)

S$ 375k

Loan amount (75%)

S$ 1.13m

Tenure (yrs)

5

35

Loan (%)

10

75

Interest (%)

0

5

Upgrade Plan

Max your HDB Sale

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Location

Location of The Essence

The Essence is located at 1 Chong Kuo Road in District 26. The nearest MRT station to The Essence is Springleaf MRT.

Taxi

Public Transport

Driving

Add locations your travel to frequently to calculate travel time

Changi Airport

2 Transfers

67 mins

S$ 1.93

Raffles Place

1 Transfer

51 mins

S$ 1.66

Orchard Road

1 Transfer

42 mins

S$ 1.46

Amenities nearby The Essence

Schools

Distance

Meyah Development Pte Ltd

1 min (71 m)

The Berries Student Care Pte.Ltd.

3 mins (178 m)

MindChamps PreSchool @ The Brooks II

3 mins (197 m)

MRT Stations

Distance

Springleaf

627 m

Khatib

2.3 km

Lentor

3.0 km

Supermarkets

Distance

I-Tec Supermart- TWMS Pte Ltd

574 m

Giant Supermarket

2.3 km

Giant Super - Khatib MRT Station

2.3 km

Parks

Distance

Yishun Cycling Route

3 mins (177 m)

Springleaf Nature Park

4 mins (265 m)

Springside Park

7 mins (469 m)

Property Insights

Profitability (All time)

4 Profitable transactions
0 Unprofitable transactions

Sale price trend overtime

1M

3M

6M

1Y

5Y

10Y

Last 6 months S$1,369.13 Avg. psf
Last 1 year S$1,415.09 Avg. psf

Data Source: URA, Realis and 99.co

Powered by 99.co Researcher

May 25Jun 25Jul 25Aug 25Sep 25Oct 25Nov 25Dec 25Jan 26Feb 26Mar 26Apr 26S$ 0S$ 200kS$ 400kS$ 600kS$ 800kS$ 1.0MS$ 1.2MS$ 1.4MAvg. transaction price0246810Transaction volumeTransaction volumeAvg. transaction price

Rent price trend overtime

1M

3M

6M

1Y

5Y

10Y

Last 6 months S$4.18 Avg. psf
Last 1 year S$4.26 Avg. psf

Data Source: URA, Realis and 99.co

Powered by 99.co Researcher

May 25Jun 25Jul 25Aug 25Sep 25Oct 25Nov 25Dec 25Jan 26Feb 26Mar 26Apr 26S$ 0S$ 1kS$ 2kS$ 3kS$ 4kS$ 5kAvg. transaction price0246810Transaction volumeTransaction volumeAvg. transaction price
Properties at The Essence are currently on the market, priced between S$ 799,000 to S$ 2.28M. On average, units have sold for S$ 1,369.13 PSF over the past six months and S$ 1,415.09 PSF over the past year. Recent sales include a latest transaction at S$ 850,000 with the highest sale recorded at S$ 1.81 M.

For rentals, price start from S$ 3,700. The average rent is S$ 4.18 PSF over the past six months and S$ 4.26 PSF over the year. Recent rental deals include the latest at S$ 3,100, with the highest rent reaching S$ 4,700.

Nearby condo project comparison

Project
Tenure
TOP
MRT Distance
Price range (Sale)
Avg. Price (Sale)
Price range (Rent)
Avg. Price (Rent)
Rental Yield
The Essence99 yrs2023
TE 4
Walk Icon8 mins (627m)
Springleaf MRT
1,323.68 - 1,810.96 psf1,622.18 psf3,700 /mo3,700 /mo3.49%
Roots @ Transit99 yrs2019
TE 4
Walk Icon10 mins (781m)
Springleaf MRT
1,411.99 - 1,604.73 psf1,510.43 psf2,700 /mo2,700 /mo-
The Estuary99 yrs2013
NS 14
Walk Icon10 mins (747m)
Khatib MRT
1,282.89 - 1,485.15 psf1,374.78 psf2,999 - 4,600 /mo3,687.42 /mo3.48%
Forest Hills Condominium99 yrs2003
TE 4
Walk Icon10 mins (770m)
Springleaf MRT
1,268.08 - 1,466.99 psf1,307.77 psf2,000 - 5,500 /mo3,192.31 /mo3.46%
Hong Heng MansionsFreehold1996
TE 4
Walk Icon8 mins (577m)
Springleaf MRT
291.92 - 1,066.05 psf513.39 psf1,700 - 4,200 /mo2,478.66 /mo-
Hong Heng GardenFreehold1987
TE 4
Walk Icon9 mins (685m)
Springleaf MRT
1,431.03 psf1,431.03 psf1,750 - 5,000 /mo3,066.67 /mo-
Springleaf Residence99 yrs-
TE 4
Walk Icon3 mins (188m)
Springleaf MRT
1,898.31 - 2,350.31 psf2,130.23 psf---

About The Essence

The Essence is a 99-year leasehold condominium development located at 1 Chong Kuo Road in District 26. Expected to be completed in 2021 it stands 5 storeys tall and comprises a total of 84 units. Condo facilities at The Essence includes pool deck, fitness corner, swimming pool, bbq, parking, security. In addition, The Essence is within driving distance to Orchard Road, Singapore's popular shopping area, is a 19 mins drive away. Nestled amongst lush greenery in the Springleaf enclave is The Essence, a new condominium within an established private residential area. Its beautiful design and high-quality finishes set a tranquil environment for its residents, perfect for unwinding after a long day. Situated near the Seletar Reservoirs (District 26), it appeals to those seeking a quiet area, away from the hustle and bustle of the city. Scheduled to TOP in Q4 2021, the 99-year leasehold development features two 5-storey blocks with 84 units, along with a basement car park. The Essence is a full suite condominium, with a 40m lap pool, pool pavilion, BBQ pavillion, and a gym. Lifestyle For those who crave an active lifestyle, the Seletar Reservoirs are just a 15-minute drive away. Alternatively, take a three-minute walk to Springleaf Nature Park for an evening stroll. Nature lovers may also wish to visit ORTO (six-minute drive), a multi-recreational park about the size of seven football fields. Formerly known as Bottle Tree Park, ORTO has activities throughout the day, including prawning, paintball, and drift carting.

Catch stunning sunsets from Seletar Reservoir, which is just a 15 minute drive away from The Essence

Apart from the outdoors, there are also country clubs in the vicinity. Sembawang Country Club and Orchid Country Club are both within an 8-minute drive away, with recreational activities ranging from golf, swimming, dance, to even karaoke. Other nearby facilities include Yishun ActiveSG Stadium and the Mandai Executive Golf Course. Eats Be spoilt for choice when it comes to food. The Essence is close to many noted local food eateries along Sembawang Road, such as Chong Pang Nasi Lemak and Sembawang White Beehoon (ten-minute drive).

One of our famed local dishes - Sembawang White Beehoon

Alternatively, there are many restaurants in the nearby malls as well. The Essence is serviced by Northpoint Mall, which offers plenty of dining and shopping options. Additionally, residents can head to some of the other neighbouring malls, like Junction 9 and Thomson Plaza. Accessibility Once the Thomson-East Coast MRT line is completed in 2020, The Essence will be served by Springleaf MRT (8-min walk). The line which connects Woodlands North to Sungei Bedok will enable residents to enjoy high accessibility to the Northern, Southern, and Eastern parts of Singapore. Therefore, commuting will be much quicker and convenient.

Thomson-East Coast MRT line expected to complete in 2020

Furthermore, the North-South Corridor is expected to be completed around 2026, and it features continuous bus lanes and cycling routes. This integrated transport corridor will connect the Northern region to the city centre, reducing travelling time to the city by up to 30 minutes.

Major expressways (SLE, BKE, CTE, and TPE) are easily accessible for all future The Essence residents

Major expressways like the SLE, BKE, CTE, and TPE are easily accessible too. Prestigious schools within the vicinity Pre-Schools: MindChamps Preschool @ Upper Thomson Road/Tagore Lane, Little Greenhouse @ Yishun Primary Schools: Northland Primary School, Ai Tong School, Naval Base Primary School, Kuo Chuan Presbyterian Primary School Secondary Schools: Chung Cheng High School (Yishun), Presbyterian High School, Kuo Chuan Presbyterian Secondary School, Orchid Park Secondary School, Zhonghua Secondary School, Naval Base Secondary School Junior Colleges/Polytechnics: Yishun Innova Junior College, Anderson Serangoon Junior College, Nanyang Polytechnic International Schools: St. Joseph's Institution International

Developer background

About the Developer of The Essence

Chong Kuo Development Pte. Ltd.

The Essence is a 99-year leasehold condominium development located in District 26, nestled within a low-density private residential enclave that is part of the government’s designated rejuvenation region. With only 84 units and situated within four major water bodies, each with its own park, this rare boutique property offers exclusive living against the backdrop of nature. The Essence embraces and celebrates the essence of life, approaching design in a way that promotes minimalism and holistic living in glorious natural surrounds.

The Essence is developed by Chong Kuo Development Pte Ltd, a joint venture by local developers Lian Soon Holdings Pte Ltd, HSB Developments Pte Ltd and OKP Land Pte Ltd. Lian Soon Holdings is the development arm of Lian Soon Construction Pte Ltd (LSC). LSC is a reputable A1 main contractor that has been operational for 40 years. Several notable projects include NUS MD6, Republic Polytechnic SIT Building and Civil Service Club @ Bukit Batok. LSC is known for their reliability as a main contractor, with consistent noteworthy projects such as the currently ongoing NUS E7. HSB Developments Pte Ltd is the development arm of Hwa Seng Builder Pte Ltd, which is a major civil engineering and building supplier offering an integrated selection of professional civil engineering works and construction related services in a variety of places.

OKP Holdings is a leading transport infrastructure and civil engineering group in Singapore that specialises in the construction of airport runways and taxiways, expressways, flyovers, vehicular bridges, urban and arterial roads, airport infrastructure and oil and gas-related infrastructure for petrochemical plants and oil storage terminals. Since its incorporation in 1966, the company has grown its competencies and established its track record to become a leading transport infrastructure and civil engineering company today with two core business divisions – construction and maintenance. Their high-profile clients hail from both public and private sector organisations, such as the Housing and Development Board (HDB), JTC Corporation, the Land Transport Authority (LTA), as well as Changi Airport Group and ExxonMobil. In the past, OKP had been involved in property development projects such as a 546-unit executive condominium, LakeLife, at Yuan Ching Road and a luxury condominium, Amber Skye, at Amber Road, both in Singapore.

See more
Chong Kuo Development Pte. Ltd.

FAQs

General FAQs

When did the The Essence TOP?

The Essence obtained its TOP (Temporary Occupation Permit) in 2023.

What is the address of The Essence?

The address of The Essence is 1 Chong Kuo Road, Singapore.

What is the tenure for The Essence?

The tenure of The Essence is 99 Years, starting from 2023. Upon expiration, the land reverts to the state unless the lease is renewed.

How many units are there in The Essence?

The Essence has a total of 84 residential units with numerous bedroom configurations to choose from.

How many blocks does The Essence have?

The Essence has a total of 1 blocks within the development.

What is the postal code of The Essence?

The postal code of The Essence is 779830.

Where to get floor plans for The Essence?

You can find the floor plan layouts and unit configurations of The Essence in the Floor Plan section above. 

Where can I find the The Essence Site Plan?

You can view the site plans and elevation charts for The Essence in the Site Plan section above.

Located FAQs

What is the nearest MRT Station to The Essence?

The Essence is well-served by nearby MRT/LRT stations, such as Springleaf which is close to the development.

What are the schools nearby The Essence?

Some of the nearest schools from The Essence are Meyah Development Pte Ltd, The Berries Student Care Pte.Ltd. and MindChamps PreSchool @ The Brooks II, providing families with quality education close to home.

Where are the bus stops near The Essence?

Several bus stops can be found near The Essence, such as Before Upper Thomson Road, After Upper Thomson Road and Forest Hill Condominium which is located close to the development.

What condo facilities are available to residents of The Essence?

Some facilities at The Essence are available, such as BBQ, Gym and Lap Pool. Ensuring the lifestyle convenience of every resident. 

Price FAQs

What is the sale price of The Essence?

The average sale price of The Essence in the past 6 months is S$ 1.13M.

What is the rental price of The Essence?

The average rent at The Essence in the past 6 months is S$ 3.73K, depending on unit size and type.

What is the price range of units in The Essence?

The price range of units for sale in The Essence is S$ 799,000 ~ S$ 2,280,000. The prices depend on size, location within the development, and the overall demand in the new launch market.

What is the average PSF for The Essence?

The current price per square foot (PSF) at The Essence averages around S$ 1,324 psf ~ S$ 1,811 psf, depending on the unit type, floor, and view.

Investment & Finance FAQs

What is the rental yield at The Essence?

The latest data puts the average gross rental yield at ≈ 3%.

How much upfront cash/CPF do I need for a S$ 799,000 unit at The Essence?

At a 75% LTV, the down-payment is S$ 199,750 (25%), of which at least S$ 39,950 (5%) must be in cash; the balance can come from CPF OA savings.

What property-tax rates apply if I rent out my unit at The Essence?

Non-owner-occupied residential property at The Essence is taxed on a progressive scale of 12%–36% of Annual Value (AV) from 2026. Owner-occupiers enjoy lower 0%–32% rates.

Property News

Latest New Launch News

About the information on this page

The information on this page contains the latest available details about this development which is a mix of information generated by the 99.co team and facts obtained from official developer sources. This includes, and is not limited to, the official developer brochure, to bring you the most accurate information to help with your choice of condo. 

If any of the information is inaccurate, please contact us and we will amend the details as soon as possible. If you have any queries, compliments, or feedback on how we can learn to serve you better, please also feel free to reach out to us. We’re listening!

Please read our full terms and conditions on 99.co’s website or learn more about 99 Group.

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