BELOW $1 MILLION: Freehold one-bedder near Dhoby Ghaut

A 474 sq ft one-bedroom unit at Parc Sophia has been listed on TheEdgeProperty.com at $898,000 or $1,895 psf.

Parc Sophia is a freehold apartment on Adis Road. Completed in 2011, the 152-unit development is within 300m from Dhoby Ghaut MRT interchange and Plaza Singapura. Schools within 2km radius include St Margaret’s Primary School and Stamford Primary School.

There were 12 rental contracts for 400 sq ft to 500 sq ft units in the past six months. Monthly rents averaged $2,466, which translates into a potential gross rental yield of 3.3%.

For more information, call marketing agent Tan Gui Xuan at 9030 5155.

Recent rental contracts at Parc Sophia for 400 sq ft to 500 sq ft units

Lease date	Monthly rent
	($)	($psf)
Aug-16	2,600	5.80
Aug-16	2,300	5.10
Jul-16	2,600	5.80
Jun-16	2,400	5.30
Jun-16	2,600	5.80
Jun-16	2,400	5.30
Jun-16	2,188	4.90
May-16	2,300	5.10
May-16	2,850	6.30
May-16	2,450	5.40
May-16	2,400	5.30
Apr-16	2,500	5.60

Source: URA, The Edge Property

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