Parc Elegance

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  1
 2
 0

Sale Price *

Average
S$ 1,579 psf
Range
S$ 1,303 - 1,685 psf

Rental Price **

Average
S$ 6.2 psf pm
Range
S$ 3.5 - 9.1 psf pm

Rental Yield **

4.7%

Rental income expressed as a percentage of the property's value.

Amenities

2.7
2.7

Convenience

3.7
3.7

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
Parc Elegance is a freehold apartment completed in 2013. It is developed by FRAGRANCE REALTY PTE LTD and designed by HUAY ARCHITECTS. The development occupies a land area of 4,453 sqm and a Gross Floor Area of 3,421 sqm. It consists of 157 units. According to records, buyers of this development are Singaporean 78.2%, PR 17.6%, Foreigner 4.2%, Company 0.0%.

PARC ELEGANCE is located along Telok Kurau Road in Bedok, in District 15. It is accessible through the nearest MRTs including Kembangan EW6 and Eunos EW7.

Based on transaction data in the last 12 months, sale prices range from S$ 1,303 psf to S$ 1,685 psf at an average of S$ 1,579 psf. Its highest recorded transaction was S$ 1,687 psf in Oct 2022 for a 420-sqft unit. Its lowest recorded transaction was S$ 882 psf in Jan 2021 for a 1,173-sqft unit. Its current rental yield is at 4.7%. Other nearby amenities include: 3 Grocerie(s): MOHAMAD DAMAR HULAN BIN OSMAN, THE ALASKA GUYS PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, and 1 Shopping Mall: KEMBANGAN PLAZA.

Buyers and tenants are attracted to District 15, which includes Tanjong Rhu, Meyer, Marine Parade, Katong, Amber Road, Joo Chiat and the area around East Coast. A large proportion of the district is zoned for residential development. The district is currently served by the Circle Line and East-West Line via Paya Lebar, Eunos, and Aljunied MRT stations. There is a wide coverage of bus service connecting passengers to and fro the Central Business District as well. Joo Chiat was zoned as a conservation area in 1993. A large number of shophouses, which retain its original look since the earlier years, can be found along Joo Chiat Road. Separately, Meyer Road stretches from Tanjong Rhu Road to Tanjong Katong Road. Located across from the East Coast Park, Meyer Road is easily accessible by the East Coast Expressway extending from the city to the Singapore Changi Airport. Residents in this district have plenty of shopping options such as Parkway Parade, i12 Katong and Katong Shopping Centre.

With a land area of 11,000ha, the East Region is the smallest and second most densely populated of the five regions in Singapore. The region is a key aviation hub, housing the Paya Lebar Air Base and Changi Naval Base. Major airlines such as Singapore Airlines, Scoot and Jetstar also has their head offices in the area. Other major economic activity includes manufacturing, with industrial estates in Bedok, Changi, Pasir Ris, Tampines and Paya Lebar. Changi Business Park also hosts a number of MNCs such as Standard Chartered and IBM. Going forward, the government has plans to create more semi-conductor and aviation-related jobs at Tampines North, Pasir Ris and Changi. Aside from the bustling economic activity, residents benefit from a wide variety of green and play spaces in the region. Residents will also enjoy increased connectivity to other parts of Singapore with the upcoming Cross Island Line and Thomson-East Coast Line.
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What they say
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5
"Rare elegance boutique condo in Telok Kurau with good size pool and basement car park. "
W***** T***
Google Review     |   18 Jul 2022
5
"Good environment and peaceful."
P***** S*****
Google Review     |   27 Apr 2022
5
"A small boutique apartment with a medium pool and accessible transportation and not far from MRT stations."
E**** L****
Google Review     |   05 Jul 2021
5
"Beautiful and luxurious"
S**** 1*
Google Review     |   08 Mar 2021
5
"Have a 1bedroom unit full furnished for Rent. Call 93864500 f.appt."
J*** O**
Google Review     |   13 Sep 2019
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

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SchoolSchool
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Floor Plans
13
1
1

PARC ELEGANCE - 13 - 1 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of PARC ELEGANCE (Limited to 10)

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Area(sqft)
Bedrooms
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Asking Price of PARC ELEGANCE

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
Link
0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of PARC ELEGANCE

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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thumb-images
10
$2,350,000
  • 31% Rental Volume

  • 4 beds
  • 2 baths
  • Condominium
  • D15
  • 2013
  • Freehold
  • S$ 1,500 psf
  • Telok Kurau Road
James Chui
send_enquiry
thumb-images
10
$1,818,000
  • 31% Rental Volume

  • 3 beds
  • 2 baths
  • Condominium
  • D15
  • 2013
  • Freehold
  • S$ 1,260 psf
  • Telok Kurau Road
Lim Kwan Keong
send_enquiry
thumb-images
10
$2,680,000
  • 31% Rental Volume

  • 4 beds
  • 2 baths
  • Condominium
  • D15
  • 2013
  • Freehold
  • S$ 1,520 psf
  • Telok Kurau Road
Kelvin Ong
send_enquiry
thumb-images
9
$1,750,000
  • 31% Rental Volume

  • 2 beds
  • 2 baths
  • Condominium
  • D15
  • 2013
  • Freehold
  • S$ 1,520 psf
  • Telok Kurau Road
Chan Pui Chung Tasso
send_enquiry
thumb-images
10
$680,000
  • 31% Rental Volume

  • 1 bath
  • Condominium
  • D15
  • 2013
  • Freehold
  • S$ 1,710 psf
  • Telok Kurau Road
Carol Hong Hong
send_enquiry
thumb-images
5
$1,080,000
  • 31% Rental Volume

  • 2 beds
  • 2 baths
  • Condominium
  • D15
  • 2013
  • Freehold
  • S$ 1,500 psf
  • Telok Kurau Road
Oliver Tan
send_enquiry

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Property News

DEAL WATCH: Penthouse at Parc Elegance put up for mortgagee’s sale at below $1 mil

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