Espada: 29 Units for Sale
Espada is a freehold residential condominium of Serviced Apartments located at 48 Saint Thomas Walk, Singapore in District 9, which is a pleasant and a popular residential area for local inhabitants in Singapore. The wonderful establishment has been developed by one of the well reputed developers, Novelty Orchard Development Pte Ltd. The strategic wonderful location of this prestigious establishment, being located to wonderful location of Orchard and River Valley in district 9, which is fortified with the residential hubs along with various modernized facilities and strong transportation system in this property area, makes this development a special establishment. The condominium, Espada is located strategically in the place Orchard and River Valley or District 9, famous area for local inhabitants of Orchard and River Valley as rising residential hubs, is however, is also an up growing area in this region, a dynamic combination of urban establishments and nature along with a good number of modernized facilities available in this property area. Besides, a good number of luxurious facilities are available in the surrounding areas, making this property an important establishment without any doubt. Moreover this project has been equipped with modernized security system which is normally not noticed in regular establishments in recent times. Espada featured abundant standardized facilities for the residents including Covered parking, swimming pool, wading pool, jacuzzi, wet deck, gymnasium, function room, bbq pavilion, tennis court, children's playground, outdoor fitness and so on. Moreover, this property has been equipped with 24X7 guarded securities system, which makes the property an ultra-modern secured zone to live with. Espada is also unique for its supreme location as being connected to different parts of Orchard and River Valley. It�s positioned so nicely that makes it highly accessible to different busy and important areas through different highways and main roads like Clemenceau Avenue and Havelock Road around the district 9, which can lead to different directions like city centre and the major location of Singapore as the main city centre is in a short distance from this property area. Along with that, this development is located near to Somerset MRT station, Orchard MRT Station and Fort Canning MRT Station, which makes the transportation system really convenient for the local residents of this establishment. Besides these, this property area is within short reach from different important establishments, which are located within short distance from it. Apart from that, Rapid bus services and city taxi services make the transportation system more dynamic and easily accessible for its residents. Apart from that, this development has been surrounded by a good number of modern and luxurious amenities like exclusive restaurants, banks, fast-food outlets, schools, entertainment outlets and other shopping outlets and so on. For shoppers, this is an attractive place as the establishment is located near to renowned shopping complexes like CenterpointOrchard CineleisureOrchard CentralRaffles Shopping CenterMarina Square along with close proximity of a combination of good number of convenience stores located nearby. A good number of national and international reputed educational institutes likeERC InstituteEast Asia School of BusinessRiver Valley Primary Schoolalong with other higher education providers are therefore located within short driving distance from this area. It can be stated that, Espada is an attractive development without any hesitation. It is enriched with low density living environment with a good number of units, which ensures peace and tranquility among the residents of this establishment.Project Name: EspadaDistrict: D9Configuration: 232 unitsNumber of Floors: 32 Types of units:1 bedroom (344- 560 Square Feet)1+1 bedrooms (646- 689 Square Feet)2 bedrooms (667- 721 Square Feet)Penthouse (657- 1,313 Square Feet) The elegant high-rising establishment is being designed with extremely ultra modern stylish design in 32 storied building consisting of a total number of 232 residential units in its occupied land area. The low density living environment ensures the peace and tranquility for its residents. These premium residential units are being built up with the concept of 1 bedroom up to 3 bedrooms concept and Penthouse facilities inside. These lavish designed residential units are being provided with both furnished and semi-furnished facilities inside. The total price of the units range from S$1,500,000 onwards, which makes this property available and affordable to middle and high income groups in this region. This lavish designed project was completed in year of 2013. Novelty Orchard Development Pte Ltd, the developer of this establishment is one of the reputed developers of Singapore which built this property with extreme care and ultra-modern facilities, which should be praiseworthy. There are some other projects in this area like the followings which are worth of checking �The Rise @Oxley ResidencesVisioncrestHollywood ApartmentsThe Imperial336 River Valley
DeveloperNOVELTY ORCHARD DEVELOPMENT PTE LTD
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Current search activity indicates that the project still features in the Orchard / River Valley market's browsing mix, drawing on 30 days of PropertyGuru search activity. This development maintains a consistent presence among active buyers exploring residential options in this central location.
Most-searched Units: 2-BedroomPopular preferences: Gym, Tennis Court
Pricing by Unit Types:
- Studio Units:
- Avg Asking Price: S$ 960K
- Avg PSF: S$ 2,546 psf (8.06% lower compared to Orchard / River Valley average of S$ 2,770 psf)
- Available Units: 1
- 1-Bedroom Units:
- Avg Asking Price: S$ 1.08M
- Avg PSF: S$ 2,624 psf (2.89% higher compared to Orchard / River Valley average of S$ 2,550 psf)
- Available Units: 21
- 2-Bedroom Units:
- Avg Asking Price: S$ 1.53M
- Avg PSF: S$ 2,295 psf (16.28% lower compared to Orchard / River Valley average of S$ 2,742 psf)
- Available Units: 6
- GREAT WORLD MRT STATION (810m, 9-10 mins) — Convenient connection to the Thomson-East Coast Line for easy travel towards the north or the eastern coastal areas.
- ORCHARD MRT STATION (1493m, 17-18 mins) — Major transport hub linking multiple lines for comprehensive island-wide accessibility.
- ST. THOMAS WK (304m, 3-4 mins) — Handy local stop for residents to catch quick bus services around the River Valley neighbourhood.
- OPP ST. THOMAS WK (334m, 4-5 mins) — Easy access to various bus routes heading towards the city centre and nearby districts.
- SUPERLAND PRE-SCHOOL (RV) PTE. LTD. (362m, 4-5 mins) — Nearby early childhood education option for families with young children.
- ODYSSEY THE GLOBAL PRESCHOOL (449m, 5-6 mins) — Well-regarded preschool facility located within a short walk for daily drop-offs.
- RIVER VALLEY PRIMARY SCHOOL (472m, 5-6 mins) — Reputable primary education located very close to home, ideal for local families.
- WATSONS (376m, 4-5 mins) — Quick access to pharmacy needs and personal care essentials just down the road.
- KILLINEY MEDICAL CLINIC (548m, 6-7 mins) — Professional medical services nearby for routine check-ups and family healthcare.
- PINNACLE FAMILY CLINIC (907m, 10-11 mins) — Additional healthcare support within the immediate neighbourhood for peace of mind.
- FAIRPRICE (326m, 3-4 mins) — Convenient spot for daily grocery runs and household necessities.
- 111 SOMERSET (643m, 7-8 mins) — Lifestyle mall offering a mix of wellness services, trendy retail, and dining options.
- 313@SOMERSET (868m, 10-11 mins) — Major retail destination featuring popular international brands and a vibrant atmosphere.
- NTUC FAIRPRICE SUPERMARKET - ORCHARD GRAND COURT (353m, 4-5 mins) — Large supermarket nearby providing a wide variety of fresh produce and food supplies.
- SENKI JAPANESE RESTUARANT (425m, 5-6 mins) — Quality Japanese dining located just a short stroll away for evening meals.
- KILLINEY CURRY PUFF (470m, 5-6 mins) — Local food favourite nearby, perfect for a quick snack or traditional breakfast.
Espada demonstrates a dynamic market profile characterized by active rental participation and a recent adjustment in capital pricing.
- PSF Appreciation: S$2,487 → S$2,250 over recent years (-9.53%) from 2023 - 2026.
- Expected Rental Yield: At 3.29%, this reflects a healthy return for property investors.
- Transactions: 60 rental transactions in the last 6 months and 3 sale transactions in the last 12 months, indicating brisk rental activity and modest sale activity.
- PG Pulse Insight: While PSF has seen a downward trend, the project maintains a healthy rental yield and brisk rental activity, suggesting it remains a popular choice for tenants.
Published date: August 2, 2026


















