Espada

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  5
 0
 0

Sale Price *

Average
S$ 2,356 psf
Range
S$ 2,346 - 2,366 psf

Rental Price **

Average
S$ 8.6 psf pm
Range
S$ 5.2 - 11.1 psf pm

Rental Yield **

4.4%

Rental income expressed as a percentage of the property's value.

Amenities

4.0
4.0

Convenience

4.5
4.5

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
Espada is a freehold apartment, condominium completed in 2013. It is developed by NOVELTY ORCHARD DEVELOPMENT PTE LTD and designed by RONNY CHIN ARCHITECTS PTE LTD. The development occupies a land area of 3,446 sqm and a Gross Floor Area of 9,651 sqm. It consists of 232 units. According to records, buyers of this development are Singaporean 74.5%, PR 12.2%, Foreigner 13.4%, Company 0.0%.

ESPADA is located along St. Thomas Walk in River Valley, in District 9. It is accessible through the nearest MRTs including Somerset NS23 and Great World TE15.

Based on transaction data in the last 12 months, sale prices range from S$ 2,346 psf to S$ 2,366 psf at an average of S$ 2,356 psf. Its highest recorded transaction was S$ 2,984 psf in Jul 2018 for a 355-sqft unit. Its lowest recorded transaction was S$ 1,732 psf in May 2018 for a 1,270-sqft unit. Its current rental yield is at 4.4%. Other nearby amenities include: 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, PAN PACIFIC INTERNATIONAL HOLDINGS PTE. LTD., COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Shopping Mall(s): *SCAPE, 313@SOMERSET, ORCHARD BUILDING.

Buyers and tenants are attracted to District 9, which includes Orchard Road, River Valley and Cairnhill. This district is part of Singapore’s Central Business District and has become a must-visit spot for Singapore tourists. Spanning almost 2.2km, Orchard Road represents one of Singapore’s best retail, dining and entertainment boulevards, catering to any taste or budget and ranging from luxury brands to high street fashion. District 9 has a huge selection of exclusive cosmopolitan bistros and on the other end of the scale, a number of popular international fast food restaurants. Fronting Orchard Road, ION Orchard Mall is home to designer brands, as well as Sephora’s largest store in the area. Another major shopping mall in this district is Great World, which caters to locals, with a Cold Storage supermarket, Best Denki electrical store, and Golden Village Cinema. Cairnhill is home to the first freehold Ritz-Carlton property in Asia - the Ritz-Carlton Residence. This property sets a new standard of luxury living in Singapore as these homes feature magnificent finishings, excellent facilities and exemplary services from the legendary The Ritz-Carlton.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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5
"It is vastly undervalued. Prices should be 20% higher than it should be at current time ($3200-3500psf) . Due to sales at launch, the prices for different floor levels should be about $5000 higher. "
e******7@gmail.com
Owner     |   30 Nov 2017
5
"Superb condo close to the world famous orchard shopping belt. Great resort style pool. 2 thumbs up"
L***** C***
Google Review     |   17 Jul 2021
5
"Good condo"
K***** C***
Google Review     |   07 Jul 2021
5
"Nice condo"
J** J**
Google Review     |   18 May 2021
4
"Very good location and renta"
K***** C***
Google Review     |   15 Aug 2020
5
"Modern accommodation with full condominium facilities! Tranquil environment, with friendly residents as well"
D** M******
Google Review     |   03 Aug 2019
Live Here? Tell us more
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
48
2
1

ESPADA - 48 - 2 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of ESPADA (Limited to 10)

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Date
Area(sqft)
Bedrooms
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Asking Price of ESPADA

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
Link
0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of ESPADA

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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thumb-images
10
$1,100,000
  • 37% Rental Volume

  • 1 bed
  • 1 bath
  • Condominium
  • D9
  • 2013
  • Freehold
  • S$ 3,200 psf
  • St. Thomas Walk
Ryan Heng
send_enquiry
thumb-images
10
$1,088,888
  • 37% Rental Volume

  • 1 bed
  • 1 bath
  • Condominium
  • D9
  • 2013
  • Freehold
  • S$ 3,070 psf
  • St. Thomas Walk
Jeremy Goh
send_enquiry
thumb-images
10
$1,050,000
  • 37% Rental Volume

  • 1 bed
  • 1 bath
  • Condominium
  • D9
  • 2013
  • Freehold
  • S$ 3,050 psf
  • St. Thomas Walk
Jay Lee
send_enquiry
thumb-images
10
$1,120,000
  • 37% Rental Volume

  • 1 bed
  • 1 bath
  • Condominium
  • D9
  • 2013
  • Freehold
  • S$ 3,160 psf
  • St. Thomas Walk
Danny Foo
send_enquiry
thumb-images
10
$1,050,000
  • 37% Rental Volume

  • 1 bed
  • 1 bath
  • Condominium
  • D9
  • 2013
  • Freehold
  • S$ 2,960 psf
  • St. Thomas Walk
Quek Pei'en, Stephanie
send_enquiry
thumb-images
10
$1,600,000
  • 37% Rental Volume

  • 1 bed
  • 1 bath
  • Condominium
  • D9
  • 2013
  • Freehold
  • S$ 2,480 psf
  • St. Thomas Walk
Julia Yeo
send_enquiry
thumb-images
8
$1,100,000
  • 37% Rental Volume

  • 1 bed
  • 1 bath
  • Condominium
  • D9
  • 2013
  • Freehold
  • S$ 3,100 psf
  • St. Thomas Walk
Julia Yeo
send_enquiry
thumb-images
10
$1,380,000
  • 37% Rental Volume

  • 1 bed
  • 1 bath
  • Condominium
  • D9
  • 2013
  • Freehold
  • S$ 2,460 psf
  • St. Thomas Walk
Derek Teng
send_enquiry
thumb-images
10
$1,620,000
  • 37% Rental Volume

  • 2 beds
  • 1 bath
  • Condominium
  • D9
  • 2013
  • Freehold
  • S$ 2,350 psf
  • St. Thomas Walk
JUDE TEEM YOK CHAI
send_enquiry
thumb-images
10
$995,000
  • 37% Rental Volume

  • 1 bed
  • 1 bath
  • Condominium
  • D9
  • 2013
  • Freehold
  • S$ 2,800 psf
  • St. Thomas Walk
JUDE TEEM YOK CHAI
send_enquiry

View More
Property News

One-bedroom unit at Espada for sale at $1.48 mil

Property News

COMMENTARY: What can $2,500 monthly rent get you?

Property News

Unit at Orchard Towers sees $1.8 mil profit

Property News

River Valley home prices riding high

Property News

Shoebox rents have fallen 13% since 2013 peak

FAQs about ESPADA

What is the nearest MRT Station to ESPADA ?
The nearest MRT Station from ESPADA is Somerset NS23,TE15 MRT

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