Parkview EClat
Overview & Key Facts
Parkview Eclat stands as one of Singapore's most rarefied residential addresses — a 21-storey Art Deco tower of just 35 freehold units at 138 Grange Road, developed by the Chyau Fwu Group and completed in 2010. Designed by acclaimed American architect James Adams, whose portfolio spans the Forum at Caesars Palace, MGM Grand Detroit, and Galaxy Macau, the building is an architectural statement as much as a home. Its stepped crown and broad-base silhouette distinguish it unmistakably on the Grange Road skyline.
With a median resale transaction price of $10,728,300 and an average PSF of $3,542, Parkview Eclat occupies genuine ultra-luxury territory — a tier occupied by fewer than a handful of Singapore condominiums. Units range from 2,895 sqft (3+1 bedroom) to 10,096 sqft (super-penthouse), ensuring that every resident commands exceptional space by District 10 standards. The development recorded 51 rental transactions at a median of $17,000 per month, reflecting deep, sustained demand from multinational executives, embassy staff, and senior corporate relocatees who prize the Orchard-Tanglin corridor above all others.
The ShiokNest score of 54/100 reflects the development\'s narrow investment profile — this is not a platform for yield maximisation or frequent capital recycling. Rather, Parkview Eclat is a prestige asset for buyers to whom privacy, architectural distinction, and the permanence of freehold land in Singapore\'s most coveted residential belt are the primary considerations.
Location & Connectivity
Grange Road sits at the convergence of Singapore\'s two most prestigious residential zones — the Orchard Road luxury retail and hotel corridor to the north, and the Tanglin-Holland Good Class Bungalow enclave to the south. At 138 Grange Road, Parkview Eclat places residents within a short walk of Orchard Road\'s flagship retail (Ion Orchard, Paragon, Ngee Ann City), fine-dining clusters at Dempsey Hill, and the UNESCO World Heritage-listed Singapore Botanic Gardens. The neighbourhood is characterised by lush mature landscaping, low-rise GCB estates, and foreign embassy compounds — an ambiance of understated privilege that is increasingly rare as Singapore urbanises.
The opening of the Thomson-East Coast Line (TEL) has materially enhanced Parkview Eclat\'s transit connectivity. Napier MRT (TE13, 0.72km) and Orchard Boulevard MRT (TE14, 0.80km) both opened between 2021 and 2023, providing direct TEL access to Marina Bay, Shenton Way, and the East Coast. Orchard MRT (NS22, 0.94km) on the original North-South Line remains the quickest path to Raffles Place and the CBD. Three international stations within 1km is a connectivity profile that few GCB-belt addresses can match.
- Napier MRT (TE13) — 0.72km | Thomson-East Coast Line, opened 2021
- Orchard Boulevard MRT (TE14) — 0.80km | Thomson-East Coast Line, opened 2021
- Orchard MRT (NS22) — 0.94km | North-South Line | interchange to Dhoby Ghaut circle
The TEL addition effectively doubled Parkview Eclat\'s rail connectivity, with direct one-stop access to Shenton Way (TE18) and the East Coast waterfront.
Educational options within the immediate catchment are particularly strong for expatriate families. Chatsworth International School (Orchard Campus, 0.66km) and ISS International School (1.06–1.13km) serve the global community, while Methodist Girls\' School (0.93km), CHIJ Kellock (0.85km), and River Valley Primary (0.96km) represent top-tier local options. Tanglin Secondary School adjoins the neighbourhood at just 0.49km. The embassy district along Nassim Road and Tanglin Road is a 5–10 minute walk, reinforcing why Parkview Eclat commands a disproportionate share of Singapore\'s senior diplomatic and C-suite rental pool.
Schools & Education
2 primary schools within the 1 km Priority Phase balloting radius.
| School | Type | Distance |
|---|---|---|
| Tanglin Secondary School | secondary | Within 1 km |
| Chatsworth International School (Orchard) | international | Within 1 km |
| CHIJ (Kellock) | primary | Within 1 km |
| Methodist Girls' School | secondary | Within 1 km |
| River Valley Primary School | primary | Within 1 km |
| ISS International School (Paterson) | international | ~1.1 km |
| Methodist Girls' School (Primary) | primary | ~1.1 km |
| ISS International School (Preston) | international | ~1.1 km |
Facilities
For a 35-unit development, Parkview Eclat\'s facilities punch significantly above their weight. The ground-level arrival sequence — porte cochere, sculpted fountain, and resident gardens — sets a tone of formal luxury from first approach. Central to the facility offering is the lap pool and adjoining spa pool pavilion, where residents can expect a near-private experience on most mornings given the small number of households. The gymnasium, BBQ terrace, children\'s pool, and outdoor alfresco dining area complete a comprehensive package, while a Salvador Dalí sculpture graces the grounds — a deliberate signal that the building\'s aesthetic ambitions extend beyond mere real estate.
Inside each unit, the specification is benchmarked against Singapore\'s best: Zucchetti bathroom accessories, Gaggenau and De Dietrich kitchen appliances, Bulthaup custom kitchen systems with integrated Mirror TV, and Legrand intelligent lighting control panels. Every 3+1BR and 4+1BR unit came with an en-suite 3.5m spa pool on the balcony — a rare feature that was genuinely novel at launch in 2007 and remains distinctive today. Twenty-four hour security and concierge services, combined with only two units per floor on the main tower, make privacy the building\'s defining operational characteristic.
"This condo gives you a lot of privacy as you\'re the only one on your floor. The finishes are exceptional — the Bulthaup kitchen and the spa pool on the balcony make it feel like a private hotel suite rather than a condominium. Overall, a remarkable experience." — Resident review, 99.co
Pricing & Market Position
Based on 4 recorded transactions, sale prices range from $9,300,000 to $12,300,000, averaging $10,482,075 (~$3,542 psf).
Rents range from $11,300 to $28,000 per month across 51 rental transactions. Current rental yield sits at approximately 1.9%.
Price Appreciation
From 2022 to 2026, the average PSF has appreciated by 1.1% (from $3,264 to $3,300 psf).
Neighbourhood Comparison
At $3,542 psf, Parkview Eclat commands a clear premium over neighbouring freehold peers in the Holland-Grange Road corridor. Skye at Holland ($2,945 psf) and Leedon Green ($2,784 psf) are the nearest freehold comparables by location, both offering larger developments with more standard unit sizes — making them more liquid but less exclusive. Hyll on Holland ($2,648 psf) and Fourth Avenue Residences ($2,465 psf, 99-year) serve buyers seeking more accessible price points. D\'Leedon at $1,855 psf represents the mass-luxury tier of the area with 1,715 units — a fundamentally different proposition.
Within Singapore\'s ultra-boutique CCR segment, Parkview Eclat sits alongside peers like Ardmore Park (32 units, freehold), Gramercy Park (174 units, freehold), and Boulevard 88 (154 units, freehold). The comparison most favourable to Parkview Eclat is architectural: no other development in this tier can claim an Art Deco James Adams design, a Salvador Dalí sculpture on the grounds, or en-suite spa pools as standard across every unit. Where Parkview Eclat concedes ground is brand recognition — Ardmore and Gramercy carry stronger name recall among Singapore\'s domestic ultra-luxury buyer pool — and transaction liquidity, where the sparse resale record makes price discovery harder for prospective buyers.
| Development | Tenure | TOP | Units | ~Avg PSF |
|---|---|---|---|---|
| PARKVIEW ECLAT | Freehold | 2010 | 35 | $3,542 |
| SKYE AT HOLLAND | 99 yrs lease commencing from 2024 | 2025 | 666 | $2,945 |
| LEEDON GREEN | Freehold | 2021 | 638 | $2,784 |
| D'LEEDON | 99 yrs lease commencing from 2010 | 2014 | 1,703 | $1,855 |
| HYLL ON HOLLAND | Freehold | 2021 | 319 | $2,648 |
| FOURTH AVENUE RESIDENCES | 99 yrs lease commencing from 2018 | 2021 | 476 | $2,465 |
ShiokNest Scores
Our proprietary scoring system evaluates PARKVIEW ECLAT across multiple dimensions.
What Residents Say
"I\'ve lived in Orchard-area condos for over a decade and nothing compares to the privacy here. With only two units on my floor and a dedicated lobby, it genuinely feels like having your own floor in a private club. The spa pool on the balcony is something we use every week — it\'s not a gimmick." — Regional MD, multinational corporation, 4+1BR resident
"Relocating from Hong Kong with school-age children, we needed top international schools within reach and the Orchard corridor within walking distance. Chatsworth International is under 10 minutes on foot and ISS is a short drive. The building\'s security and the quiet neighbourhood mean our children can genuinely enjoy the outdoor areas safely." — Expat family, diplomatic household, 3+1BR resident
"As an investor holding Singapore freehold land across multiple properties, Parkview Eclat is the one I\'d hold last. The rental market at this price point — $17,000 to $22,000 per month — is deep enough that we\'ve never had a prolonged vacancy. The tenant profile is exceptional: ambassadors, C-suite executives, and senior government officials. That\'s a pool that doesn\'t disappear in a downturn." — Private investor, long-term landlord of a 4+1BR unit
Strengths & Weaknesses
- Freehold tenure on prestigious Grange Road, prime D10 CCR — perpetual land title
- Ultra-boutique 35 units, two per floor — exceptional privacy unmatched by larger developments
- Median transaction $10.7M signals true UHNW positioning and peer-group exclusivity
- Strong rental demand: 51 transactions at $17,000 median per month from embassy and C-suite pool
- TEL Napier (0.72km) and Orchard Boulevard (0.80km) MRT within easy walking distance
- Walkability 70/100 — Dempsey Hill, Botanic Gardens, Orchard Road retail all accessible on foot
- Chatsworth International (0.66km) and ISS International (~1.1km) within expatriate school catchment
- Art Deco design by James Adams (Caesars Palace, MGM Grand) — genuine architectural distinction
- En-suite 3.5m spa pool on every unit\'s balcony — rare and enduring luxury specification
- Premium appliances throughout: Gaggenau, De Dietrich, Bulthaup, Legrand — no cost-cutting on fit-out
- Gross yield only 1.9% — among the lowest in D10; insufficient for leveraged investment strategies
- Extremely illiquid: only 4 resale transactions recorded, making price discovery and exit timing difficult
- High price quantum ($10M+) severely limits the buyer pool and extends typical holding periods
- Investment Score 43/100 — capital appreciation thesis is uncertain given thin transaction data
- PSF volatility: $3,784 psf (Year 1) fell to $3,300 psf (Year 2) — single deals move the market
- En-Bloc Score 50/100 — 35-unit alignment needed but replacement cost may deter developers
- Competes for prestige with stronger-branded peers: Ardmore Park, Gramercy Park, Boulevard 88
- Minimal public transaction history makes independent valuation challenging for buyers and financiers
Verdict
Parkview Eclat is a highly specific asset that is perfectly suited for a narrow audience and genuinely unsuitable for everyone outside that group. The ideal buyer is an ultra-high-net-worth individual — locally based or internationally mobile — for whom the $10M+ price quantum is well within capacity and for whom Singapore freehold land in the Orchard-Tanglin belt represents a long-term store of value rather than a return-generating investment. The building\'s 51 rental transactions at $17,000 median per month confirm that demand from senior corporate executives, embassy principals, and MNC regional heads is real and durable; landlords at this level are not chasing yield but capital stability and the assurance of high-quality tenants.
The investment case has meaningful caveats. A 1.9% gross yield is among the lowest in District 10 CCR and will not service any meaningful debt component — this is a cash purchase or near-cash asset. The Investment Score of 43/100 and En-Bloc Score of 50/100 reflect that the capital appreciation thesis is muted: with only 35 units, the en-bloc calculus is theoretically attractive per-owner, but the alignment required and the replacement cost at this address make a near-term collective sale unlikely. PSF volatility across the sparse transaction record adds further valuation uncertainty.
For the right buyer — one purchasing Parkview Eclat as a flagship Singapore address, a legacy asset, or a premium accommodation solution for long-term family use — the value proposition is clear. Freehold land on Grange Road, an Art Deco building of genuine architectural merit, ultra-private two-per-floor living, and three TEL/NSL stations within 1km represent a combination that cannot be replicated in today\'s market at any price. This is a once-per-generation purchase for those in a position to make it.