The Essence Condo
The Essence Condo
An exciting newly launched project in 2019
The Essence condo is a low-rise development project situated near the junction of Upper Thompson, Sembawang and Mandai Roads in District 26.
The Essence is sandwiched between upper and lower Seletar Reservoirs together with their natural reserves creating lush greenery within the property’s vicinity perfectly blending with nature.
The Essence condo will comprise of 2 Blocks of 5 stories residential building. It will have a total of 84 residential units with a basement carpark with first-class facilities.
The condominium spans over a site area of 46,101 sq ft with a gross floor area of 64,541 sq ft, and a plot ratio of 1.4 ensuring resident will enjoy luxurious, spacious units that will complement their modern lifestyle.
Essence condo has a 99-year leasehold tenure providing a unique opportunity for its residents. The project is a joint venture between by Lian Soon Holdings Pte. Ltd. and OKP Land Pte Ltd.
For residents looking for a chic, laid back and elegant housing in a quiet and green estate with modern architecture, the essence is tailor-made for you.
|Developer||Lian Soon Holdings Pte. Ltd. and OKP Land Pte Ltd|
|Project Address||Chong Kuo Road|
|Site Area||4,282.91 sqm / 46,101 sqft|
|No. Of Units||84|
|No. of stories||5|
|Unit Mix||1-3 bedrooms|
|Expected Vacant Possession Date||2023|
|No of Car Park Lots||TBA|
The Essence Condo Brochure
The Essence Condo Location
The strategic location of The Essence
The Essence condo location
Residents of Essence condo will get to enjoy greater convenience when it comes to transportation; it’s close to Springleaf MRT station which is approximately 520 meters away.
It’s also a walking distance to Thomson MRT Line which will be completed in 2020 boosting accessibility to the Essence.
Essence is a few minutes driving distance to major expressways such as The Seletar Expressway, Central Expressway and Tampines Expressway providing easier access to other regions in the country.
After the upcoming North-South Expressway is commissioned it will cut further traveling time, how awesome is that?
The Essence Condo Google Map location
The Essence Condo Google Street View
Enjoy local delicacies and cuisines at top restaurants and eateries at Chong Kuo Road. Essence condo is also closely located to various shopping and entertainment amenities providing the perfect chill-out spot for family and friends, especially during weekends.
The Essence Close to Springleaf MRT
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it also drive from The Essence Condo to SpringLeaf Nature Park
For nature lovers, Springleaf park is a walking distance where residents can engage in plenty of outdoor activities for a healthier and fit lifestyle.
Drive from The Essence to Raffles place
It will take you approximately 18-22 minutes to drive to Raffle’s place ensuring you always get to work on time especially during the morning rush hour.
The famous Orchard shopping belt is a 15-17-minute drive; Orchard Shopping Road has plenty of shopping centers and malls that will fully satisfy all your shopping and fashion needs, fashion enthusiasts will love this.
For residents who frequently travel, the Changi Airport 17 minutes away from The Essence convenient for slipping in and out of the city.
A further 3km away is one of the largest shopping centers in Northern Singapore, North Point Mall.
It gets even better and convenient simply, take 4 stops down to the Upper Thomson station and Thomson Plaza is yours to explore and enjoy.
The Essence Condo Developer
OKP Land is a subsidiary of OKP Holdings Limited, established in 1966 the group is a well-established and reputable real estate developer. They have overseen numerous projects with clients from both the public and the private sector.
The group has a diversified portfolio from constructing roads, flyovers, expressways, petrochemical plants, residential properties you name it, they are indeed the jack of all trades. As the group expands their core business have shifted into property development and investment.
Through its strategic development plan, the firm has partnered with other developers launching more projects all across Singapore.
Founded in 1998, Lian Soon Construction Pte Ltd was established and incorporated in 1998, the firm’s sole purpose is mainly undertaking maintenance work and M&E Projects. Projects that the firm has completed include educational institutions, industrial and commercial properties.
The firm has been slowly making waves in the Singaporean property market and is set to grow tremendously over the coming years.
OKP Land Pte Ltd has undertaken some of the most scenic and beautiful over the years, some of the most popular projects are
Amber Skye by CS land and OKP Land Pte Ltd, a truly stunning architectural masterpiece
The Essence Condo Amenities
Wonderful Amenities near The Essence Condo
Essence Condo near NTUC FairPrice, a one-stop shop where you can buy groceries for that delicious home cooked meal.
Essence condo near Northpoint city is the first and one of the largest suburban shopping mall. The perfect place to quench your shopping appetite.
Also read: Cheap Condo for sale in Singapore
Essence condo near The Orchard Golf and Country Club provides the perfect balance between live, work and play.
Essence condo near Sembawang Shopping Centre has all the famous brand ensuring you have the time of your lives for both you and family.
Essence condo near Giant Express, where residents can source fresh vegetable and fruits.
Essence condo near Nee Soon Driclad
SpringLeaf Garden Playground, where you can take your kids to socialize and play with other kids.
The park also has plenty of open spaces where you can exercise whether it’s strolling, running or jogging you name it you’ll be sorted.
The Essence Condo Floor Plan Download
The Essence Investment Opportunities
Essence condo is near Sembawang in Woodlands Regional Centre which has the potential to create 100,000 jobs after its transformation is completed. This will boost the number of tenants looking to stay at The Essence Condo.
Also read: 80+ Ways to Make Money by Investing
The government plans of transforming Seletar to be the newest regional center will become the Seletar Aerospace Park which will add approximately 1000 jobs to the job market. Due to its proximity to the condo, The Essence is set to benefit from increased occupancy rates boosting rental yield and high capital growth.
The Punggol digital district is set to be a pioneer at the North Coast Innovation Corridor into one integrated masterplan that will house key growth sectors like cybersecurity.
The project is set to create 28,000 new jobs opening up the area for further development and increasing the commercial value of the Essence condo.
Whether you are purchasing the Essence Condo for investment or your stay, future development within the condo’s vicinity is going to generate increased rental demand and higher property value in the future.
The Essence Condo near School
World-class educational institutions near The Essence Condo
The Essence condo is strategically located near plenty of educational institutions providing a wide pool for parents to choose from. It will also enable parent to choose schools that will suit their needs and be beneficial to their kids.
Some of the most popular schools near the Essence Condo are:
The Essence Condo Facilities
Essence Condo Swimming pool
The Clubhouse with high ceiling dining area
The Essence pool area
The Essence bedroom
Essence Condo gymnasium
Read abut: Buying your Second Property in Singapore
Treasure at Tampines floor plan
Essence condo is complementary to its exquisite design and high-quality finishes. Essence condo boasts of an efficient layout that maximizes the available space with high ceilings and huge window panes allowing plenty of natural lighting and airflow that blends perfectly with the natural green landscape.
The essence condo will have a unit mix of 1-3 bedrooms with luxurious facilities ensuring that the residents will have the enjoyment and leisure they want. Grab the chance to have the best home for your family here at The Essence.
The Essence condo Price Download
The Essence Condo Price
The developer is still deliberating prices of Essence Condo. For buyers, please let us know via the contact form if you would like to be kept updated on indicative prices.
The joint venture between Lian Soon Holdings Pte. Ltd. and OKP Land Pte Ltd submitted a winning bid of SGD$43.9 million for the site. Given the land size of 46,101 sq ft with a plot ratio of 1.4, the land cost is $681 per square foot per plot ratio.
Factoring in the development, financing, and construction cost the break-even price is estimated to be $1,100 PSF.
The Essence condo will have a price range between $1300 to $1350 PSF as predicted. However, nothing is finalized as of yet. Be sure to check out the updated indicative prices of Essence Condo regularly.
The Essence Condo Review
The Essence Condo will be a quiet exclusive residential estate as most properties within the vicinity are landed house providing a calm and tranquil environment.
We will highlight some of the TOP benefits that will make you seriously consider living in Essence condo
Nestled in a private landed enclave
Excellent transport network connectivity as its easily linked with major expressways and MRT stations
High-end facilities that the residents will enjoy
It has the potential for high rental yield
Convenient location close to the Central Business District (CBD)
Reputable educational institutions including international schools
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The Essence Condo e-Brochure Download
Other Projects That You May Be Interested In
Treasure at Tampines
Treasure At Tampines condo is a 2203 units of 1-5 bedrooms 99 years leasehold project, located at 118 Tampines Street, developed by Sim Lian Group Limited.
The Jovell condo is a 428 units of 1- 4 bedrooms 99 years leasehold project, located at 11, 13, 15, 17, 19, 21, 23, 25, 27, 29 Flora Drive, devevloped by Tripartite Developers Pte Ltd and expected to TOP in 2023.
An upfront view of the luxurious 120 Grange Apartments developed by ROXY PACIFIC HOLDING LIMITED.
These luxurious apartments are still under construction and the proposed location of the condo is one of the most ideal places in all of Singapore and in close proximity to everything.
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Table Of Content
- The Essence Condo
- The Essence Condo Brochure
- The Essence Condo Location
- The Essence Condo Developer
- The Essence Condo Amenities
- The Essence Condo Investment Opportunities
- The Essence Condo Schools
- The Essence Condo Facilities
- The Essence Condo Floor Plan
- The Essence Condo Price
- The Essence Condo Review
- The Essence Condo Showflat