Parc Imperial, a freehold condominium located on Pasir Panjang Road, is set to go under the hammer with Edmund Tie’s upcoming auction on June 21. The duplex penthouse, an owner’s sale, is available for a guide price of $1.78 million and measures 1,195 sq ft.

This translates to an average selling price of $1,490 per square foot (psf). With an existing tenancy set to expire in December 2024, this property is also available for private treaty negotiation.

Offering breathtaking views from its lower and upper floors, the penthouse comprises of a living and dining area, kitchenette, household shelter, powder room, and an en-suite master bedroom. There are two other en-suite bedrooms on the upper floor, along with an attached open-air balcony.

Residents of Altura Executive Condominium will find many convenient shopping and dining options just a stone’s throw away. West Mall is effortlessly accessible to Altura residents and offers a wealth of retail stores, a grocery, cinema and restaurants. Additionally, Bukit Batok Central, just a short walk away, provides many shops, eateries, and essential services. Altura EC residents can easily enjoy the all that the neighborhood has to offer.

As the area enjoys major road connectivity via West Coast Highway and Pasir Panjang Road, it’s not hard to see why the neighbourhood has proved to be an attractive option for property seekers. Besides that, together with the nearby Mapletree Business City, Alexandra Technopark, National University of Singapore, and one-north business district, Pasir Panjang also offers easy access to the upcoming Southern Ridgess with its 10km park, and to the Greater Southern Waterfront, stretching across 30km of the southern coastline.

Though the area has seen the completion of at least three new projects in recent years; The Verandah Residences (76% initial sales launch, full sold by June by Oxley Holdings), Kent Ridge Hill Residences (44% sales launch on Nov 10, 2018, 98% sold as of July last year), and Terra Hill (sold 38% units at an average price of $2,650 psf). Data from the past five years show that Parc Imperial still commands a respectable average selling price of $1,766 psf, with rental average of $7.35 psf per month. The most expensive unit sold in the past five years is a three-bedroom duplex penthouse for $1.95 million ($1,001 psf) in December 2021.

Whether you’re keen on buying or renting a property in the area, Parc Imperial and its impressive surroundings certainly deserve closer inspection. The good news is that you can now do so on June 21 during Edmund Tie’s auction, or anytime by private treaty negotiation.