Last 12 months
Price
$1,008,888median
$770,000 – $1,280,000 · 9 sales
Residential Development · HONG-KONG
The Essence
No homes listed here right now · 220 m from Central MTR (中環站)
- Town
- HONG-KONG
- Property type
- Residential Development
- Managing agent
- Newman SRE Pte LtdMCST 4862 · as registered with BCA
- Strata units
- 84MCST formed 2024
- Nearest MRT / LRT
- Central MTR (中環站)220 m, straight line
About The Essence
The Essence is a benchmark residential development in HONG-KONG, compiled from official open data and property registry records.
Written from official data: the development registry, LTA, MOE, NEA and NParks. Sale prices, rents and tenure are below, from URA.
Homes at The Essence
No homes for sale at The Essence right now.
Try homes nearby instead.
Homes for sale in HONG-KONG Homes near Central MTR (中環站)Recent sales at The Essence
What buyers paid for homes here, from URA’s records of private home sales. Not a valuation.
Last 12 months
Per square foot
$1,477median psf
Oct 2025 – Sep 2026
Tenure
99-year leasehold
Lease from 2018
Median price per square foot, by year
- 2023$1,3013 sales
- 2024$1,5364 sales
- 2025$1,6202 sales
- 2026$1,4779 sales
Latest sales
| Month | Floor | Size | Sale | Price |
|---|---|---|---|---|
| Sep 2026 | 01-05Resale | 538 sq ft | Resale | $770,000$1,431 psf538 sq ft |
| Sep 2026 | 01-05Resale | 624 sq ft | Resale | $950,000$1,522 psf624 sq ft |
| Aug 2026 | 01-05Resale | 700 sq ft | Resale | $1,080,000$1,544 psf700 sq ft |
| Jun 2026 | 01-05Resale | 624 sq ft | Resale | $975,000$1,562 psf624 sq ft |
| Jun 2026 | 01-05Resale | 818 sq ft | Resale | $1,208,000$1,477 psf818 sq ft |
| May 2026 | 01-05Resale | 700 sq ft | Resale | $1,008,888$1,442 psf700 sq ft |
| Apr 2026 | 01-05Resale | 538 sq ft | Resale | $850,000$1,579 psf538 sq ft |
| Mar 2026 | 01-05Resale | 1,001 sq ft | Resale | $1,250,000$1,249 psf1,001 sq ft |
| Jan 2026 | 01-05Resale | 1,001 sq ft | Resale | $1,280,000$1,279 psf1,001 sq ft |
| Sep 2025 | 01-05Resale | 689 sq ft | Resale | $1,070,000$1,553 psf689 sq ft |
Jun 2023 – Sep 2026, by the month the sale was agreed; 18 sales in all. Homes differ in floor, size, facing and condition; purchases of several units at once are left out. Source: URA (Urban Redevelopment Authority), private residential transactions, updated 26 Oct 2026.
Recent rents at The Essence
What tenants agreed to pay for whole homes here, from URA’s records of rental contracts. Not a valuation.
Last 12 months
2 bedrooms
$3,600median a month
$3,100 – $4,000 · 7 rentals
Last 12 months
3 bedrooms
$4,700a month
1 rental
Latest rentals
| Month | Bedrooms | Size | Rent |
|---|---|---|---|
| Aug 2026 | 2800–900 sq ft | 800–900 sq ft | $4,000a month |
| Aug 2026 | 2600–700 sq ft | 600–700 sq ft | $3,550a month |
| Apr 2026 | 2700–800 sq ft | 700–800 sq ft | $3,100a month |
| Mar 2026 | 21,000–1,100 sq ft | 1,000–1,100 sq ft | $3,800a month |
| Dec 2025 | 2700–800 sq ft | 700–800 sq ft | $3,300a month |
| Nov 2025 | 31,200–1,300 sq ft | 1,200–1,300 sq ft | $4,700a month |
| Oct 2025 | 2700–800 sq ft | 700–800 sq ft | $3,600a month |
| Sep 2025 | 21,000–1,100 sq ft | 1,000–1,100 sq ft | $3,850a month |
| Jun 2025 | 2600–700 sq ft | 600–700 sq ft | $3,300a month |
| May 2025 | 2700–800 sq ft | 700–800 sq ft | $3,200a month |
Oct 2024 – Aug 2026, by the month the lease started; 12 rentals in all. Sizes are URA’s bands. Homes differ in floor, size, furnishing and condition. Source: URA (Urban Redevelopment Authority), private residential rental contracts, updated 26 Oct 2026.
Getting around
- Central MTR (中環站)ISL/TWL220 m
Straight-line distances from the station reference point, not walking distance. Mapping snapshot: 2026-10-15. Location data: OneMap / Singapore Land Authority.
Buyer & Tenant Alerts · Stamp Duty & Yield Tools
Based on official URA resale & rental records, estimated gross rental yield is ~3.2%–3.5%. Calculate Stamp Duty or explore nearby buildings: