Parc Somme

The asset

The largest unit size at Parc Somme, a 30-unit boutique block off Jalan Besar, laid out as a duplex penthouse: the main bedroom takes the entire upper level with its own bathroom and a private roof terrace open to the sky, while the second bedroom, common bathroom, living, dining, kitchen and balcony sit on the level below. The original jacuzzi has been removed, leaving open deck space for plants or sunset drinks. It comes tenanted at $4,100 a month until November 2027, which is about $49,200 a year and a gross yield of around 3.8% at the asking price before costs, so a buyer collects from the day they complete and can renew or move in from late 2027. Farrer Park MRT on the North East Line is a short walk and two stops from Dhoby Ghaut, Bendemeer MRT on the Downtown Line is also walkable, and City Square Mall, Mustafa Centre and the Jalan Besar food stretch are minutes away. Viewings work around the tenant’s schedule, so ask early.

I hold this listing because it fits the brief of an asset-progression buyer: durable fundamentals, a defensible location, and an entry that compounds rather than flips. A short call will tell us whether it fits where you are.