PARC SOMME DUPLEX PENTHOUSE | 2 BED 2 BATH | 1,098 SQFT | $1,299,000 | TENANTED AT $4,100
Property Details
Project: Parc Somme, 62 Somme Road (District 8)
Unit: Duplex penthouse, 2 bedrooms, 2 bathrooms
Size: 1,098 sqft (102 sqm)
Asking: $1,299,000 (about $1,183 psf)
Tenure: 99 years from 2008
Completed: 2012
Status: Tenanted at $4,100 per month until November 2027
Worried it won't rent? Skip that part. The tenant is in at $4,100 a month until November 2027. You collect from the day you complete.
The numbers
Rent: $49,200 a year
Gross yield: about 3.8% at the asking price, before costs
Recent Parc Somme resales reached about $1,900 psf (smaller units). This one is about $1,183 psf.
Why this unit
1,098 sqft is the largest unit size at Parc Somme.
Duplex layout. The main bedroom gets the entire upper level, with its own bathroom and a private roof terrace open to the sky.
Bedroom 2, common bathroom, living, dining, kitchen and balcony on the lower level.
The original jacuzzi has been removed, leaving open deck space for plants or sunset drinks.
Location
Farrer Park MRT (North East Line) is a short walk away, 2 stops to Dhoby Ghaut.
Bendemeer MRT (Downtown Line) is also within walking distance.
City Square Mall a few minutes away, Mustafa Centre for late night shopping runs.
Jalan Besar's food stretch next door, for supper that starts at 11pm.
Who it's for
Investors who want rental income from day one without hunting for a tenant.
Buyers planning ahead: let the rent help with instalments now, then renew or move in from late 2027.
Viewings work around the tenant's schedule, so message me early.
James Lim
Associate Group Director
9228 XXXX
PropNex Realty | The Property Collective
CEA Reg. No.: R063631F
www.thepropertycollective.sg