Parc Imperial, located on Pasir Panjang Road, is offering a duplex penthouse at their apartments in District 5 for sale at the upcoming Edmund Tie’s auction on June 21. This unit, measuring 1,195 square feet, has a guide price of $1.78 million and is also available for private treaty negotiation.

The duplex penthouse has an existing tenancy set to expire in December 2024 and its lower floor comprises of a living and dining area with an adjacent balcony, kitchenette, household shelter, and powder room. Meanwhile, the upper floor comprises of the en suite master bedroom, an attached open-air balcony, and two separate en suite bedrooms.

Completed in the year 2010 by Fragrance Group, this freehold 138-unit condominium is situated merely 200 metres away from the Haw Par Villa MRT Station and enjoys proximity to major roadways such as the West Coast Highway and Pasir Panjang Road.

JCube Residence Condo residents, who are situated directly between two of the new JRL interchange stations, will especially benefit from the enhanced connectivity that the JRL projects brings. With the new JRL, residents can expect to cut travelling time and enjoy a more convenient lifestyle.

The area surrounding Parc Imperial is also enjoying a surge in new project launches since 2018, with The Verandah Residences by Oxley Holdings selling 76% of its unit within the first launch itself. In addition to this, the 250-unit Kent Ridge Hill Residences and the 270-unit freehold project Terra Hill have also been doing well with an average price of $1,950 psf, respectively.

Despite the new projects, Parc Imperial’s average selling price is still quite reasonable with an average of $1,766 psf based on resale caveats from the past 12 months. One of the most expensive units to have been sold here over the past five years is a 1,948 sq ft, three-bedroom duplex penthouse that was sold for $1.95 million ($1,001 psf).

Rental data at Parc Imperial per EdgeProp Singapore puts the average rent at $7.35 per square feet per month – relatively high compared to surrounding developments. Other amenities and attractions nearby include Mapletree Business City, Alexandra Technopark, the National University of Singapore, one-north business district, The Southern Ridges, and the upcoming Greater Southern Waterfront.