The Essence
The Essence is an apartment in District 26 (Mandai / Upper Thomson), in the Outside Central Region. In the 12 months to August 2026, the median price was S$1,511 psf from 8 sales.
At a glance
- District
- District 26 (Mandai / Upper Thomson)
- Region
- Outside Central Region
- Type
- Apartment
- Tenure
- 99-year lease from 2018, about 91 years left
- Completed
- 2023, about 3 years old
What the prices say
The median home in The Essence sold for S$1,075,000: the middle of 8 sales in the 12 months to August 2026.
That is well below the middle condo project in District 26 (Mandai / Upper Thomson), which sold at S$1,914 psf across 13 projects: about 21% lower. By price per square foot it ranks 7th of the 9 projects in the district that have a price to show, where 1st is the highest.
Year by year, the median was S$1,390 psf in 2021 (15 sales) and S$1,477 psf in 2026 so far (7 sales), up about 6%.
Against similar projects in the district
This project and the three others in District 26 (Mandai / Upper Thomson) whose median over the last 12 months is closest to The Essence's S$1,511 psf. They are chosen by price per square foot, not by distance, so they may not be neighbours.
Their middle figure is S$1,385 psf, so The Essence sold noticeably above it: about 9% higher.
| Project | Median price per sq ft | Sales |
|---|---|---|
| The Essence | S$1,511 psf | 8 |
| Bullion Park | S$1,535 psf | 7 |
| Castle Green | S$1,385 psf | 18 |
| Seasons Park | S$1,303 psf | 8 |
What sells here
8 homes sold in the last 12 months, up from 1 in the 12 months before.
The most common size was 600 to 899 sq ft, with 6 of the 9 sales in the last 24 months, well over half.
None of the 9 sales in the last 24 months were first sales of new units: all 9 were resales.
The first new sale in our records was in March 2019.
Rents and yield
Rental contracts that began in the 12 months to August 2026 had a median rent of S$3,700 a month (8 contracts). The district's median across every contract was S$4,000, so rents here ran a little below it: about 8% lower.
Over the 24 months the median rent was S$3,575 (12 contracts). The latest 12 months ran a little above that: about 3% higher. The two periods overlap, so this shows direction and not a clean year-on-year change.
By bedrooms: 2 bedrooms S$3,600 (7). The figure in brackets is the number of contracts.
Setting rent against price for 600 to 899 sq ft homes (5 rentals and 5 resale or sub-sale transactions) gives a gross yield estimate of 4.0%: a median rent of S$3,550 a month against a median price of S$1,070,000. It is before maintenance, vacancy, tax and loan costs, and it uses middle values, so a particular home can differ.
Age and lease
The title is a leasehold, so the years remaining shrink each year. The leases and tenure entry in the glossary explains what that means for a buyer.
Leases and tenure in the glossary
What this page cannot tell you
A median is the middle of many different homes in The Essence. It does not describe one unit: its condition, facing, view, renovation, floor or stack can each move a price well away from the middle, and none of them is in the records behind this page.
The figures are recorded transactions, so they describe what has sold and not what is on the market now. They are not a valuation, and they say nothing about future prices.
Questions this page answers
What is the median price per square foot in The Essence?
S$1,511 psf in the 12 months to August 2026, from 8 sales. For the median home that is S$1,075,000.
How many homes sold in The Essence?
8 in the last 12 months and 9 in the last 24 months, across all sale types.
What do homes in The Essence rent for?
The median rent for contracts that began in the 12 months to August 2026 was S$3,700 a month, from 8 contracts.
What is the rental yield in The Essence?
Between 4.0% and 4.0% gross, depending on unit size. It is an estimate before costs, made from the median recorded rent and the median resale or sub-sale price for each size range.
How much lease is left in The Essence?
It is a 99-year lease from 2018, which leaves about 91 years at 2026.
Figures from URA data, 12 months to August 2026. Rents to August 2026. General information, not financial advice.
The figures
Sale prices
| Period | Median price per sq ft | Median price | Sales |
|---|---|---|---|
| Last 12 months | S$1,511 psf | S$1,075,000 | 8 |
| Last 24 months | S$1,544 psf | S$1,080,000 | 9 |
| Last 5 years | S$1,496 psf | S$1,075,000 | 18 |
Source: URA data. Data as of August 2026.
Price by year
| Year | Median price per sq ft | Sales |
|---|---|---|
| 2021 | S$1,390 psf | 15 |
| 2026 (to August) | S$1,477 psf | 7 |
Each year is the median over the sales recorded in it. Source: URA data. Data as of August 2026.
Price by floor range
| Floor range | Median price per sq ft | Sales |
|---|---|---|
| Floors 1 to 5 | S$1,544 psf | 9 |
Price by unit size
| Size | Median price per sq ft | Sales |
|---|---|---|
| 600 to 899 sq ft | S$1,549 psf | 6 |
The floor is the storey recorded in each sale. Source: URA data. Sales in the 24 months to August 2026. Data as of August 2026.
Rent against price for The Essence, by size
Rents
| Period | Median rent | Contracts |
|---|---|---|
| Last 12 months | S$3,700 a month | 8 |
| Last 24 months | S$3,575 a month | 12 |
| Bedrooms | Median rent, 12 months | Contracts | Median rent, 24 months |
|---|---|---|---|
| 1 bedroom | Under 5 contracts | 0 | Under 5 contracts |
| 2 bedrooms | S$3,600 a month | 7 | S$3,550 a month |
| 3 bedrooms | Under 5 contracts | 1 | Under 5 contracts |
| 4 or more bedrooms | Under 5 contracts | 0 | Under 5 contracts |
Source: URA data, rental contracts. Rents are the median of the contracts that began in the period. Data as of August 2026.
Where to look next
- Work out the stamp duty on a purchase at these prices (Free, no sign-in)
- How buyer stamp duty works
- Loan limits: how much a bank can lend
- The cooling measures, including additional stamp duty
- Other condos in District 26 (Mandai / Upper Thomson)
- Rents for every district, by size
- Rent against price for The Essence, by size
- Leases and tenure in the glossary
What could a unit here sell for?
Condo Atlas can give an indicative value for a unit in The Essence, with a likely range and the recent sales behind it. Sign in is free.
Open The Essence in Condo AtlasOther condos in District 26 (Mandai / Upper Thomson)
- Thomson Grove
- Bullion Park
- Castle Green
- Green Meadows
- Hillock Green
- Hong Heng Garden
- Hong Heng Mansions
- Lentor Central Residences
- Lentor Hills Residences
- Lentor Mansion
- Lentoria
- Meadows @ Peirce
About the data
Figures are medians of transactions recorded by URA, over the periods shown, and a figure appears only when at least 5 records sit behind it. Sale figures: data as of August 2026. Rent figures: data as of August 2026. Swee Homes is not affiliated with URA or Condo Atlas. General information, not financial advice.