Square Foot Research Singapore

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ESPIRA RESIDENCE

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Project Information

Project Name

ESPIRA RESIDENCE

Street Name

Lorong K Telok Kurau

Property Type

Apartment

Tenure

Freehold

District / Planning Area

D15 / Bedok

Completion

2009

Number of units

16 units

Indicative price range / Average*

S$ 1,122 - S$ 1,285 psf / S$ 1,204 psf

Indicative rental range / Average*

S$ 3.91 - S$ 3.91 psf pm / S$ 3.91 psf pm

Implied rental yield

3.90%

Historical high

S$ 1,285 psf in Feb 2023 for a 786-sqft unit

Indicative average price from historical high

-6.3%

Historical low

S$ 560 psf in Apr 2009 for a 1,550-sqft unit

Buyer profile by status#

Singaporean 78.1%, PR 12.5%, Foreigner 9.4%, Company 0.0%

Buyer profile by purchaser address#

HDB 41.2%, Private 58.8%

Note: *Based on contracts in the last 6 months. #Based on all available caveats, it does not represent the breakdown of current owners.

Location

Transaction Prices, Rents, Trends and Analysis

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Nearby properties

Price Comparison (Up to 10)

Source: URA, https://www.squarefoot.com.sg

Rental Comparison (Up to 10)

Source: URA, https://www.squarefoot.com.sg

Price and rental comparisons (Up to 10)

Note: Excludes properties with no transactions in the past 6 months, except for Subject Property. *Prices and rentals are based on data in the past 6 months. If Subject Property does not have transactions during this period, data shown is from the 6-month period from last transaction date.
Source: https://www.squarefoot.com.sg
Marker Project Tenure Completion Distance
(m)
Lowest price*
(S$ psf)
Average price*
(S$ psf)
Highest price*
(S$ psf)
Lowest rental*
(S$ psf pm)
Average rental*
(S$ psf pm)
Highest rental*
(S$ psf pm)
Rental yield
(%)
ESPIRA RESIDENCE Freehold 2009 - 1,122 1,204 1,285 3.91 3.91 3.91 3.9
PALM GALLERIA Freehold 2010 32 1,210 1,210 1,210 3.10 4.36 7.11 4.3
CUBIK Freehold 2011 69 1,477 1,477 1,477 3.91 5.40 6.89 4.4
THE CRISTALLO Freehold 2015 95 1,537 1,596 1,682 3.44 4.68 6.89 3.5
THE COTZ Freehold 2010 172 1,151 1,354 1,557 3.36 5.63 8.00 5.0
RESIDENCE 118 Freehold 2006 215 1,345 1,345 1,345 - - - -
THE MONTAGE Freehold 2009 250 1,490 1,490 1,490 - - - -
RESIDENCE TWENTY-TWO Freehold 2022 252 2,009 2,009 2,009 - - - -
SUNSHINE GRANDEUR Freehold 2007 254 1,212 1,212 1,212 - - - -
THE ESPIRA Freehold 2009 266 1,387 1,387 1,387 2.35 4.07 5.09 3.5

Location of nearby properties

Note: Excludes properties with no transactions in the past 6 months.
Source: https://www.squarefoot.com.sg

Nearby land sales / new launches

There are no nearby land sales or new launches

Disclaimer

This report provides information as reference resource for your personal consumption only. It is not intended to be and does not constitute financial advice, investment advice or any other advice. This report has been generated without regard to the individual financial circumstances, needs or objectives of persons who view it. Users should not rely on any of the information herein as authoritative or substitute for the exercise of their own skill and judgment in making any investment or other decision. By the use of our services, you agree that any and all use of this report which you make, is solely at your own risk and without any recourse whatsoever to Square Foot Research Pte. Ltd., its related and affiliate companies and/or their employees. Square Foot Research Pte. Ltd. makes reasonable effort to use reliable and comprehensive information to generate this report, but we make no representation that it is accurate or complete.

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