diff --git a/packages/svelte/src/compiler/phases/3-transform/client/transform-client.js b/packages/svelte/src/compiler/phases/3-transform/client/transform-client.js
index 0861a7735c..c1c8170e30 100644
--- a/packages/svelte/src/compiler/phases/3-transform/client/transform-client.js
+++ b/packages/svelte/src/compiler/phases/3-transform/client/transform-client.js
@@ -175,6 +175,7 @@ export function client_component(analysis, options) {
 		init: /** @type {any} */ (null),
 		update: /** @type {any} */ (null),
 		expressions: /** @type {any} */ (null),
+		async_expressions: /** @type {any} */ (null),
 		after_update: /** @type {any} */ (null),
 		template: /** @type {any} */ (null),
 		locations: /** @type {any} */ (null)
diff --git a/packages/svelte/src/compiler/phases/3-transform/client/types.d.ts b/packages/svelte/src/compiler/phases/3-transform/client/types.d.ts
index 51c6f428d4..9cfcd718c5 100644
--- a/packages/svelte/src/compiler/phases/3-transform/client/types.d.ts
+++ b/packages/svelte/src/compiler/phases/3-transform/client/types.d.ts
@@ -53,7 +53,9 @@ export interface ComponentClientTransformState extends ClientTransformState {
 	/** Stuff that happens after the render effect (control blocks, dynamic elements, bindings, actions, etc) */
 	readonly after_update: Statement[];
 	/** Expressions used inside the render effect */
-	readonly expressions: Array<{ id: Identifier; expression: Expression; is_async: boolean }>;
+	readonly expressions: Array<{ id: Identifier; expression: Expression }>;
+	/** Expressions used inside the render effect */
+	readonly async_expressions: Array<{ id: Identifier; expression: Expression }>;
 	/** The HTML template string */
 	readonly template: Array<string | Expression>;
 	readonly locations: SourceLocation[];
@@ -113,3 +115,8 @@ export type ComponentVisitors = import('zimmerframe').Visitors<
 	AST.SvelteNode,
 	ComponentClientTransformState
 >;
+
+export interface MemoizedExpression {
+	id: Identifier;
+	expression: Expression;
+}
diff --git a/packages/svelte/src/compiler/phases/3-transform/client/visitors/Fragment.js b/packages/svelte/src/compiler/phases/3-transform/client/visitors/Fragment.js
index da65862fd9..2d15435199 100644
--- a/packages/svelte/src/compiler/phases/3-transform/client/visitors/Fragment.js
+++ b/packages/svelte/src/compiler/phases/3-transform/client/visitors/Fragment.js
@@ -64,6 +64,7 @@ export function Fragment(node, context) {
 		init: [],
 		update: [],
 		expressions: [],
+		async_expressions: [],
 		after_update: [],
 		template: [],
 		locations: [],
diff --git a/packages/svelte/src/compiler/phases/3-transform/client/visitors/RegularElement.js b/packages/svelte/src/compiler/phases/3-transform/client/visitors/RegularElement.js
index 3c306b241f..7c22f3c7bc 100644
--- a/packages/svelte/src/compiler/phases/3-transform/client/visitors/RegularElement.js
+++ b/packages/svelte/src/compiler/phases/3-transform/client/visitors/RegularElement.js
@@ -543,7 +543,7 @@ function build_element_attribute_update_assignment(
 
 	let { value, has_state } = build_attribute_value(attribute.value, context, (value, metadata) =>
 		metadata.has_call || metadata.is_async
-			? get_expression_id(state, value, metadata.is_async)
+			? get_expression_id(metadata.is_async ? state.async_expressions : state.expressions, value)
 			: value
 	);
 
@@ -673,7 +673,7 @@ function build_element_special_value_attribute(element, node_id, attribute, cont
 	const state = context.state;
 	const { value, has_state } = build_attribute_value(attribute.value, context, (value, metadata) =>
 		metadata.has_call || metadata.is_async
-			? get_expression_id(state, value, metadata.is_async)
+			? get_expression_id(metadata.is_async ? state.async_expressions : state.expressions, value)
 			: value
 	);
 
diff --git a/packages/svelte/src/compiler/phases/3-transform/client/visitors/SvelteElement.js b/packages/svelte/src/compiler/phases/3-transform/client/visitors/SvelteElement.js
index e275283655..ccf08dc423 100644
--- a/packages/svelte/src/compiler/phases/3-transform/client/visitors/SvelteElement.js
+++ b/packages/svelte/src/compiler/phases/3-transform/client/visitors/SvelteElement.js
@@ -48,6 +48,7 @@ export function SvelteElement(node, context) {
 			init: [],
 			update: [],
 			expressions: [],
+			async_expressions: [],
 			after_update: []
 		}
 	};
diff --git a/packages/svelte/src/compiler/phases/3-transform/client/visitors/shared/element.js b/packages/svelte/src/compiler/phases/3-transform/client/visitors/shared/element.js
index 097b309345..79cc8f531c 100644
--- a/packages/svelte/src/compiler/phases/3-transform/client/visitors/shared/element.js
+++ b/packages/svelte/src/compiler/phases/3-transform/client/visitors/shared/element.js
@@ -40,7 +40,10 @@ export function build_set_attributes(
 				context,
 				(value, metadata) =>
 					metadata.has_call || metadata.is_async
-						? get_expression_id(context.state, value, metadata.is_async)
+						? get_expression_id(
+								metadata.is_async ? context.state.async_expressions : context.state.expressions,
+								value
+							)
 						: value
 			);
 
@@ -64,7 +67,12 @@ export function build_set_attributes(
 			let value = /** @type {Expression} */ (context.visit(attribute));
 
 			if (attribute.metadata.expression.has_call || attribute.metadata.expression.is_async) {
-				value = get_expression_id(context.state, value, attribute.metadata.expression.is_async);
+				value = get_expression_id(
+					attribute.metadata.expression.is_async
+						? context.state.async_expressions
+						: context.state.expressions,
+					value
+				);
 			}
 
 			values.push(b.spread(value));
@@ -117,7 +125,10 @@ export function build_style_directives(
 				? build_getter({ name: directive.name, type: 'Identifier' }, context.state)
 				: build_attribute_value(directive.value, context, (value, metadata) =>
 						metadata.has_call || metadata.is_async
-							? get_expression_id(context.state, value, metadata.is_async)
+							? get_expression_id(
+									metadata.is_async ? context.state.async_expressions : context.state.expressions,
+									value
+								)
 							: value
 					).value;
 
@@ -159,7 +170,7 @@ export function build_class_directives(
 		let value = /** @type {Expression} */ (context.visit(directive.expression));
 
 		if (has_call || is_async) {
-			value = get_expression_id(state, value, is_async);
+			value = get_expression_id(is_async ? state.async_expressions : state.expressions, value);
 		}
 
 		const update = b.stmt(b.call('$.toggle_class', element_id, b.literal(directive.name), value));
diff --git a/packages/svelte/src/compiler/phases/3-transform/client/visitors/shared/utils.js b/packages/svelte/src/compiler/phases/3-transform/client/visitors/shared/utils.js
index 2bfbc5ff8a..077ced10c2 100644
--- a/packages/svelte/src/compiler/phases/3-transform/client/visitors/shared/utils.js
+++ b/packages/svelte/src/compiler/phases/3-transform/client/visitors/shared/utils.js
@@ -1,6 +1,6 @@
-/** @import { Expression, ExpressionStatement, Identifier, MemberExpression, SequenceExpression, Statement, Super } from 'estree' */
+/** @import { Expression, ExpressionStatement, Identifier, MemberExpression, SequenceExpression, Super } from 'estree' */
 /** @import { AST, ExpressionMetadata } from '#compiler' */
-/** @import { ComponentClientTransformState } from '../../types' */
+/** @import { ComponentClientTransformState, MemoizedExpression } from '../../types' */
 import { walk } from 'zimmerframe';
 import { object } from '../../../../../utils/ast.js';
 import * as b from '../../../../../utils/builders.js';
@@ -22,19 +22,18 @@ export function memoize_expression(state, value) {
 
 /**
  *
- * @param {ComponentClientTransformState} state
+ * @param {MemoizedExpression[]} expressions
  * @param {Expression} expression
- * @param {boolean} is_async
  */
-export function get_expression_id(state, expression, is_async) {
-	for (let i = 0; i < state.expressions.length; i += 1) {
-		if (compare_expressions(state.expressions[i].expression, expression)) {
-			return state.expressions[i].id;
+export function get_expression_id(expressions, expression) {
+	for (let i = 0; i < expressions.length; i += 1) {
+		if (compare_expressions(expressions[i].expression, expression)) {
+			return expressions[i].id;
 		}
 	}
 
-	const id = b.id(''); // filled in later
-	state.expressions.push({ id, expression, is_async });
+	const id = b.id('~'); // filled in later
+	expressions.push({ id, expression });
 
 	return id;
 }
@@ -92,7 +91,7 @@ export function build_template_chunk(
 	state,
 	memoize = (value, metadata) =>
 		metadata.has_call || metadata.is_async
-			? get_expression_id(state, value, metadata.is_async)
+			? get_expression_id(metadata.is_async ? state.async_expressions : state.expressions, value)
 			: value
 ) {
 	/** @type {Expression[]} */
@@ -163,8 +162,8 @@ export function build_template_chunk(
  * @param {ComponentClientTransformState} state
  */
 export function build_render_statement(state) {
-	const sync = state.expressions.filter(({ is_async }) => !is_async);
-	const async = state.expressions.filter(({ is_async }) => is_async);
+	const sync = state.expressions;
+	const async = state.async_expressions;
 
 	const all = [...sync, ...async];