We track 10 sales and 46 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the THE ESPIRA dashboard.
- Average sale price: $1,570,500 across 10 transactions
- Estimated gross rental yield: 2.8%
- District 15 PSF ranking: Value tier (top 78%)
- Freehold tenure · OCR · D15 · 40 units
About THE ESPIRA
THE ESPIRA is a freehold condominium, located at LORONG L TELOK KURAU in District 15 (Joo Chiat, Amber Road, Katong) (Outside Central Region), developed by WORLD CLASS LAND PTE LTD, comprising 40 residential units, completed in 2010.
As a freehold property, THE ESPIRA does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at THE ESPIRA:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 1 | $1,351 psf | $800,000 |
| 3 BR | 7 | $1,397 psf | $1,502,143 |
| 4 BR | 1 | $1,139 psf | $2,010,000 |
| 5+ BR | 1 | $1,073 psf | $2,380,000 |
Sales Market Overview
THE ESPIRA has recorded 10 sale transactions with an average transaction price of $1,570,500, ranging from $800,000 to $2,380,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 2 | $1,221 psf | $1,327,500 | — |
| 2022 | 2 | $1,363 psf | $1,125,000 | ↑ 11.6% |
| 2023 | 2 | $1,384 psf | $1,519,000 | ↑ 1.5% |
| 2024 | 2 | $1,329 psf | $2,026,000 | ↓ 3.9% |
| 2025 | 1 | $1,612 psf | $1,700,000 | ↑ 21.2% |
| 2026 | 1 | $1,139 psf | $2,010,000 | ↓ 29.3% |
THE ESPIRA ranks in the top 78% of condos in District 15 by average PSF.
Compared to the OCR average of $1,550 psf, THE ESPIRA trades 13.9% below the segment benchmark.
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Rental Market Overview
THE ESPIRA has recorded 46 rental transactions with monthly rents averaging $3,630/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 7 | $2,390/mo | $1,600/mo | $2,830/mo |
| 2 BR | 5 | $2,972/mo | $2,650/mo | $3,209/mo |
| 3 BR | 34 | $3,982/mo | $2,300/mo | $6,200/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 10 | $3,085/mo |
| 2022 | 11 | $3,456/mo |
| 2023 | 8 | $3,494/mo |
| 2024 | 8 | $4,054/mo |
| 2025 | 7 | $4,320/mo |
| 2026 | 2 | $3,750/mo |
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Investment Analysis
Based on average rents and sale prices, THE ESPIRA delivers an estimated gross rental yield of 2.8%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 15
Side-by-side comparison against the most actively traded condos in District 15 (Joo Chiat, Amber Road, Katong):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | 1008 | $2,536 psf | 911 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | 846 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | 816 | $2,790 psf | 766 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | 638 | $2,466 psf | 641 |
| AMBER PARK | Freehold | 592 | $2,546 psf | 394 |
Location Map
Map shows THE ESPIRA (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- THE ESPIRA
- Marine Terrace MRT
- Kembangan MRT
- Siglap MRT
- Marine Parade MRT
- Telok Kurau Primary School
- Chung Cheng High School (Main)
- East Coast Primary School
Nearby MRT Stations
THE ESPIRA is 610m from Marine Terrace MRT (Thomson-East Coast Line), with 4 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Marine Terrace | TE27 | Thomson-East Coast Line | 610m |
| Kembangan | EW6 | East-West Line | 1.0 km |
| Siglap | TE28 | Thomson-East Coast Line | 1.3 km |
| Marine Parade | TE26 | Thomson-East Coast Line | 1.4 km |
Nearby Schools
There are 12 schools within 2 km of THE ESPIRA, including 2 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Telok Kurau Primary School | Primary | 150m |
| Chung Cheng High School (Main) | Secondary | 850m |
| East Coast Primary School | Primary | 1.1 km |
| Global Indian International School (GIIS East Coast) | International | 1.1 km |
| Canossa Catholic Primary School | Primary | 1.6 km |
| Tanjong Katong Girls' School | Secondary | 1.6 km |
| Canadian International School (Tanjong Katong) | International | 1.6 km |
| Broadrick Secondary School | Secondary | 1.7 km |
| EtonHouse International School (Broadrick) | International | 1.7 km |
| CHIJ (Katong) Primary | Primary | 1.7 km |
| Tao Nan School | Primary | 1.9 km |
| Temasek Junior College | Jc | 1.9 km |
FAQ
What is the average price for THE ESPIRA?
What is the rental yield for THE ESPIRA?
Is THE ESPIRA freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 10 transactions analysed
- Rental data: 46 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for THE ESPIRA
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.