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HomeBuyAll2RMD26 - Mandai / Upper Thomson2 Bed Condo for Sale in The Essence

2 Bed Condo for Sale in The Essence

1 Chong Kuo Road 779830, Nee Soon, North Region, Singapore

$1,180,000

Added 12 days ago
CondoFor sale
Beds: 2Baths: 2Area: 700 sqft
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IMAGES GALLERY

Property Details

Property ID7VEMxqpXvxeXWsaT8CAASu
PriceS$1,180,000
Property TypeCondo
StatusFor sale
Beds2
Baths2
Built Area700 sqft
PSFS$1,686
Year Built2023
Furnished StatusUnknown

Description

- 2 bed 2 bath - 700sqft - Dumbbell layout - no West Sun - Quiet facing with greenery Boasting quality fittings including Bosch Appliances and Hansgrohe & Duravit Sanitary Fittings, this impeccably maintained property offers a cozy living space of 700 sqft, perfect for a small family or young professionals. Enjoy the convenience of nearby amenities such as Springleaf Subway Station (0.6 km), Meyah Development Pte Ltd School (0.1 km), MindChamps PreSchool @ The Brooks II (0.2 km), and I-Tec Supermart- TWMS Pte Ltd Supermarket (0.5 km). Located in a tranquil neighborhood, yet conveniently accessible via major road and expressways SLE, BKE, CTE & TPE, with the current Thompson-East Coast Line operating from Woodland North to Garden by The Bay and upcoming extensions. Don't miss the chance to make this wonderful condominium your new home, offering both comfort and convenience in one vibrant package!

Development Information

District & Area

D26 - Yishun

Nearest MRT

Springleaf MRT

Tenure

99 years

TOP Date

1 January 2023

Project Size

Small (84 units)

84 units

Building Structure

1 Block, 5 Floors

Developer

Chong Kuo Development Pte. Ltd.

Unit Configuration
Bedroom Types2, 3 Bedroom
Floor Plan Details

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

Site Plan

The Essence has 1 block and up to 05 storeys.

Development Facilities
BBQGymLap PoolPavilionPool Deck

Loading Nearby Amenities...

Features & Amenities
Bbq
Pool deck
Gym
Pavilion
Lap pool

Location

1 Chong Kuo Road 779830, Nee Soon, North Region, Singapore

Loading map...

Mortgage Calculation

S$
20 yrs
410203035
75 %
1020406075
4 %
0.1123456

Mortgage calculation on 4% interest rate

S$ 0
Loan Amount (75%)
Downpayment (25%)
S$ 0
S$ 0
/month
Principal
S$ 0
Interest
S$ 0

Total Transactions

8

Average Price

S1.1M

Total Value

S8.7M

Sales Timeline

Calculating fair value from URA transaction data…

alethea xue

alethea xue

ERA REALTY NETWORK PTE LTD

License: L3002382K

Similar Properties

Above Market· 17.6% above market

Home Report · AVM Fair Value

Automated Valuation based on 252 URA transactions · 1 outliers removed (IQR)

Fair Value

S$1.00M

S$1,434 psf

Asking Price

S$1.18M

S$1,686 psf

vs Market

+17.6%

Above Market

Confidence

High

252 comps

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

252 comparable transactions

S$1,406

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×1.000

MRT Proximity

Within 500m / 1km

0%

AI Condition Premium

HELIOS scan of listing description

+2%

Adjusted Fair Value PSF

S$1,434

Recent Comparable Transactions

DateBlock / StreetArea (sqft)PricePSF
2025-07SPRINGLEAF AVENUE3,599S$8,500,000S$2,361
2025-07SPRINGLEAF AVENUE3,261S$3,300,000S$1,012
2025-07MENG SUAN ROAD1,935S$2,241,614S$1,158
2025-07SPRINGSIDE AVENUE2,439S$4,200,000S$1,722
2025-07SPRINGSIDE AVENUE2,508S$4,500,000S$1,794

Showing 5 most recent transactions from 252 total comparables used in valuation.

HELIOS AI-Detected Boosters

greenery view

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.