Espa
Located in District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang), Espa is a 999-year leasehold condominium in the Outside Central Region (OCR). The development was completed in 2008 and comprises 78 units, on a lease that commenced in 1882. Sale and rental figures on this page are compiled from URA transaction records.
ESPA
Over the 12 months to May 2026, Espa recorded 1 resale transaction at a median $1,674 psf (median price $1,820,000), and 15 rental contracts at a median $4,000/mo, a gross rental yield of 2.6%. Source: URA caveat data, as of May 2026.
Espa's median of $1,674 psf over the trailing 12 months places its pricing above roughly 68% of District 23 condos; resale liquidity has been limited with 1 caveat lodged; the 2.6% gross rental yield sits below the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| May-26 | $1,820,000 | $1,674 psf | 1,087 sqft | 01 to 05 | 3BR |
| Mar-25 | $2,420,000 | $1,441 psf | 1,679 sqft | 01 to 05 | 4BR |
| Dec-24 | $1,800,000 | $1,689 psf | 1,066 sqft | 01 to 05 | 3BR |
| Sep-22 | $1,680,000 | $1,577 psf | 1,066 sqft | 01 to 05 | 3BR |
| Jul-22 | $1,380,000 | $1,526 psf | 904 sqft | 01 to 05 | 2BR |
| Apr-22 | $1,280,000 | $1,416 psf | 904 sqft | 01 to 05 | 2BR |
| Jan-22 | $1,858,000 | $1,288 psf | 1,442 sqft | 01 to 05 | 4BR |
| Oct-21 | $1,570,000 | $1,444 psf | 1,087 sqft | 01 to 05 | 3BR |
Can I afford Espa?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,820,000.
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.