Parc Somme

D8 (RCR) 99 yrs lease commencing from 2008

Parc Somme is a 99-year leasehold condominium in District 8 (Little India), within Singapore's Rest of Central Region (RCR). Completed in 2012, the development comprises 30 units, on a lease that commenced in 2008. Sale and rental figures on this page are compiled from URA transaction records.

District 8 · 99 yrs lease commencing from 2008 · Completed 2012
~$1,879Avg PSF (12-month)
30Total units
Category Ratings
Facilities
4.5
Unit size & layout
7.0
Value for money
7.5
Neighbourhood
8.5
MRT accessibility
9.0
Lease remaining
7.0

Overview & Key Facts

PARC SOMME is a 99 yrs lease commencing from 2008 condominium at SOMME ROAD in District 8 (RCR), developed by OXLEY ASCEND CAPITAL PTE LTD, comprising 30 units, completed in 2012.

Developer
OXLEY ASCEND CAPITAL PTE LTD
Tenure
99 yrs lease commencing from 2008
Total units
30
TOP year
2012
District
8 — RCR
Street
SOMME ROAD
Lease remaining
~81 years (of 99)

Location & Connectivity

PARC SOMME is approximately 500m from Farrer Park MRT station, with 12 stations within 1.5 km.

MRT stations near PARC SOMME
StationLineDistance
Farrer ParkNorth-East Line500m
BendemeerDowntown Line550m
LavenderEast-West Line680m
Jalan BesarDowntown Line760m
Boon KengNorth-East Line950m
RochorDowntown Line1.1 km

Schools & Education

15 schools within 2 km (6 within 1 km priority zone).

Schools near PARC SOMME
SchoolTypeDistance
Farrer Park Primary SchoolPrimary330m
St. Andrew's Secondary SchoolSecondary490m
St. Andrew's Junior CollegeJC490m
St. Andrew's Junior SchoolPrimary540m
Hong Wen SchoolPrimary880m
LASALLE College of the ArtsTertiary920m
Bendemeer Primary SchoolPrimary1.2 km
Bendemeer Secondary SchoolSecondary1.3 km

Unit Mix & Pricing

Unit mix for PARC SOMME
TypeSalesAvg PSFAvg Price
Studio9$1,734 psf$630,321
1 BR1$1,523 psf$885,000
2 BR2$1,232 psf$1,039,444

Market Position

PARC SOMME has recorded 12 sales at an average price of $719,731.

PARC SOMME sits at the 80th percentile of District 8 condo PSF.
$1,879 psf
Avg PSF (12mo)
$719,731
Avg Price
4.9%
Gross Yield
12
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at PARC SOMME typically rent harder per dollar of purchase price. The final column shows monthly rent per $100,000 invested, so unit sizes compare on equal capital:

Per-bedroom gross yield at PARC SOMME
TypeAvg RentAvg PriceGross YieldRent per $100k
1 BR$2,838/mo$885,0003.85%$321/mo
2 BR$3,050/mo$1,039,4443.52%$293/mo

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Price Appreciation

PSF trend for PARC SOMME
YearSalesAvg PSFChange
20212$1,623 psf
20221$1,745 psf↑ 7.5%
20233$1,592 psf↓ 8.8%
20243$1,396 psf↓ 12.3%
20251$1,802 psf↑ 29.1%
20262$1,917 psf↑ 6.4%

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The latest reading marks the highest point in this series — PARC SOMME prices have climbed 18.1% since 2021.


Neighbourhood Comparison

District 8 competitors
CondoTenureAvg PSFSales
PICCADILLY GRAND99 yrs lease commencing from 2021$2,173 psf434
CITYLIGHTS99 yrs lease commencing from 2004$1,777 psf138
CITY SQUARE RESIDENCESFreehold$1,897 psf116
STURDEE RESIDENCES99 yrs lease commencing from 2015$1,999 psf107
KERRISDALE99 yrs lease commencing from 1998$1,400 psf92

Lease Analysis

With 81 years remaining on its 99-year lease, PARC SOMME still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • With just 2 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 30-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.

Who This Actually Suits

This is a strong match for car-owning households, cbd walking distance, yield-focused investors and cpf-only buyers. At ~502m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.

It is a weaker fit for long-term hold (10+ yr) and resort facilities — other options likely serve them better. Tenure and location resilience suit long-horizon ownership.


Verdict

PARC SOMME is a 99 yrs lease commencing from 2008 development in District 8 (RCR), with 30 units, offering a gross yield of 4.9%.

At ~$1,879 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full PARC SOMME dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing PARC SOMME against staying public? These HDB towns sit within walking or short-drive distance:

FAQ

What is the average PSF for PARC SOMME?
The 12-month average is approximately $1,879 psf.
Is PARC SOMME freehold?
PARC SOMME has a 99 yrs lease commencing from 2008 tenure with ~81 years remaining.
What is the rental yield for PARC SOMME?
The estimated gross yield is 4.9%.
Which MRT is nearest to PARC SOMME?
The nearest is Farrer Park MRT at 500m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 12 transactions
  • Rental data: 76 leases
  • Source: URA

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of May 2026

Latest recorded data point: May 2026 · 12 records analysed · Source: URA private-sale caveats