Parc Regency For Sale: Your Complete Guide to District 05 Properties
Parc Regency stands as one of District 05's most established freehold developments, offering discerning buyers a rare opportunity to own in one of Singapore's most sought-after residential corridors. Located at 315 Pasir Panjang Road, this intimate 20-unit development combines the tranquility of a low-density community with exceptional proximity to Singapore's vibrant Central Region. Whether you're a first-time buyer, upgrader, or savvy investor, this comprehensive guide will help you understand why Parc Regency represents a compelling choice in today's property market.
At Homejourney, we prioritize your safety and confidence in every property decision. We've compiled verified information about Parc Regency's available units, market positioning, and investment potential to help you make an informed choice backed by transparency and trust.
Table of Contents
- Property Overview & Development Details
- Available Units for Sale
- Why Buy at Parc Regency
- Pricing & Market Analysis
- Location Advantages & Connectivity
- Financing Guide for Buyers
- The Buying Process Explained
- Investment Potential & Rental Yield
- Frequently Asked Questions
- Next Steps: How Homejourney Supports Your Purchase
Property Overview & Development Details
Parc Regency is a freehold apartment development that has established itself as a cornerstone of District 05 residential real estate since its completion in 2002.[3] Developed by Wah Khiaw Developments Pte Ltd, this boutique property comprises just 20 residential units, making it an exceptionally exclusive community compared to larger modern developments.
The development occupies a strategically compact land area of 1,583 square meters with a Gross Floor Area of 2,216 square meters.[2] This intimate scale is precisely what attracts buyers seeking a quieter, more established community feel rather than the hustle of larger residential complexes. The freehold tenure means you own the land indefinitely—a significant advantage in Singapore's property market where most new developments carry 99-year leasehold terms.
What makes Parc Regency particularly attractive is its maturity and proven track record. Nearly two decades of successful residential operation demonstrates strong community stability, reliable maintenance standards, and consistent property values. The development has weathered multiple market cycles, providing current buyers with confidence in long-term value retention.
Available Units for Sale at Parc Regency
Unit Configuration & Types
Parc Regency exclusively offers 3-bedroom, 3-bathroom apartments, making it ideal for families, professionals requiring home office space, or investors targeting the premium rental market.[5] This uniform unit type creates a cohesive community while ensuring consistent market demand from tenants.
The development features 6 distinct floor plan variations, with unit sizes ranging from 1,334 square feet to 1,668 square feet.[5] This variation provides flexibility for different lifestyle preferences—whether you prioritize open-plan living or prefer more defined room separation. Most units feature layouts that maximize natural light and ventilation, a hallmark of thoughtfully designed residential architecture.
Current Market Availability
As a mature, fully-completed development with only 20 units total, Parc Regency rarely experiences high turnover. This scarcity creates opportunities for buyers seeking properties in established communities. Recent rental activity indicates strong tenant demand, with 3-bedroom units commanding approximately SGD 5,550 per month (SGD 3.26-3.47 per square foot).[3] This rental strength signals healthy investment potential for owner-occupiers considering future rental income.
To view all currently available units for sale at Parc Regency, visit Property Search and filter by this development. Homejourney's verified listings ensure you're viewing actual available properties with transparent pricing and complete unit information.
Why Buy at Parc Regency: Key Value Propositions
Freehold Ownership Advantage
In Singapore's property market, freehold status is exceptionally rare and valuable. Unlike the vast majority of new developments with 99-year leases that diminish in value as they age, Parc Regency's freehold tenure means your property maintains full ownership indefinitely. This distinction becomes increasingly important as you approach retirement or consider multi-generational wealth planning. Freehold properties also typically command price premiums during resale, making this an inherent investment advantage.
Established Community & Proven Track Record
Parc Regency has operated successfully for over two decades. This maturity means:
• Predictable maintenance costs and building management standards
• Established community dynamics and neighbor stability
• Verified long-term property value performance
• Reliable building systems with proven durability
Unlike new developments where you're essentially beta-testing building systems and community dynamics, Parc Regency offers the security of a known quantity.
Low-Density Living in Central Location
With only 20 units across 1,583 square meters, Parc Regency offers what larger developments cannot: genuine low-density living. You'll experience minimal noise, traffic congestion, or crowded common areas. Yet you're positioned on Pasir Panjang Road, one of District 05's most prestigious addresses, providing seamless access to Singapore's economic heart.
Consistent Rental Demand
The area's rental yield of 4.0% reflects strong tenant demand from professionals and families seeking District 05 addresses.[2] The combination of 3-bedroom configuration, freehold status, and prime location creates reliable rental appeal for investors considering future income generation.
Pricing & Market Analysis for Buyers
Current Price Range & Market Position
Parc Regency's pricing reflects its freehold status, established location, and low-density positioning. While specific current asking prices fluctuate based on individual unit features and market conditions, the development historically trades at premium valuations compared to leasehold alternatives in the area. Recent rental data showing SGD 5,550 monthly rent for 3-bedroom units (approximately SGD 3.26-3.47 per square foot) provides a useful benchmark for understanding current market values.[3]
For precise current pricing on available units, Homejourney's Projects provides detailed transaction history, price trends, and current market analysis specific to Parc Regency. This verified data helps you understand fair market value before making offers.
Historical Price Performance
Parc Regency's transaction history reveals interesting market dynamics. The lowest recorded transaction was SGD 501 per square foot in November 2006, while more recent transactions have reached SGD 1,024 per square meter (approximately SGD 95 per square foot in modern metrics).[2] This appreciation trajectory reflects the property's resilience and the increasing scarcity premium of freehold District 05 properties.
Important Note: Past performance doesn't guarantee future results. Property values depend on market conditions, interest rates, economic factors, and individual property condition. Always conduct thorough due diligence before purchasing.
Value Proposition vs. Alternatives
When evaluating Parc Regency against other District 05 properties, consider:
• Freehold tenure: Most comparable properties are 99-year leasehold
• Unit size: 1,334-1,668 sqft is substantial for District 05
• Community scale: 20 units vs. 100+ in typical modern developments
• Established location: 20+ years of proven performance
• Rental demand: 4.0% yield reflects strong tenant interest
These factors collectively position Parc Regency as a premium choice for buyers prioritizing quality over quantity and long-term stability over trendy amenities.
Location Advantages & District 05 Connectivity
Strategic District 05 Positioning
Parc Regency's Pasir Panjang Road address places you in District 05, one of Singapore's most dynamic and well-connected regions. District 05 encompasses the prestigious neighborhoods of Buona Vista, Clementi, Dover, Pasir Panjang, and West Coast—collectively representing Singapore's perfect balance of residential tranquility and urban accessibility.[2]
The district is particularly attractive because it bridges Singapore's residential and commercial zones. You're close enough to the Central Region for convenient work commutes, yet far enough removed to enjoy genuine neighborhood character and green spaces.
MRT Connectivity & Transportation
Parc Regency benefits from exceptional public transport accessibility:
• Nearest Stations: Haw Par Villa (CC25) and Kent Ridge (CC24) on the Circle Line[2]
• Secondary Access: Clementi, Dover, Buona Vista, One-North, and Pasir Panjang MRT stations via East-West and Circle Lines
• Walking Distance: Approximately 10-15 minutes to nearest MRT stations
• Bus Routes: Multiple bus services along Pasir Panjang Road providing local connectivity
For commuters, this positioning is exceptional. You can reach Raffles Place in approximately 20 minutes, Marina Bay in 15 minutes, or Orchard in 12 minutes via MRT—making Parc Regency ideal for professionals working in Singapore's CBD.
Car-Friendly Infrastructure
District 05 is particularly car-friendly for residents with vehicles.[2] The Ayer Rajah Expressway (AYE) and West Coast Highway provide rapid access to all major Singapore destinations. Pasir Panjang Road itself is a major arterial route with excellent traffic flow characteristics. If you commute by car, Parc Regency's location minimizes travel time to most Singapore destinations.
Shopping, Dining & Amenities
Within 500 meters of Parc Regency, you'll find:
• Grocery: NTUC FairPrice Co-operative Ltd for daily essentials[2]
• Shopping: One @ Kent Ridge mall offering retail and dining options[2]
• Dining: Diverse restaurant selection across Pasir Panjang and nearby areas
• Healthcare: Proximity to medical facilities and clinics
The area's retail and dining scene has matured significantly, offering residents convenient access to everyday necessities without requiring long commutes.
Parks, Recreation & Green Spaces
District 05 features extensive parkland and recreational facilities. The Central Region's 19-kilometer park connector network links multiple green spaces, providing residents with walking, jogging, and cycling opportunities.[2] Nearby parks offer family-friendly amenities, sports facilities, and peaceful outdoor environments—essential for work-life balance in Singapore's fast-paced environment.
Schools & Educational Institutions
Families will appreciate the strong educational options within District 05. Multiple primary and secondary schools serve the area, alongside international schools offering various curricula. The neighborhood's established character means schools have mature facilities and established reputations—important factors for families considering long-term residence.
Financing Guide for Parc Regency Buyers
Understanding Your Purchasing Power
Before viewing units at Parc Regency, it's essential to understand your financial capacity. Most buyers finance property purchases through a combination of savings (down payment), bank mortgage, and CPF (Central Provident Fund) contributions. Homejourney's mortgage calculator helps you determine realistic purchase budgets based on your financial situation.
Use Bank Rates to explore current mortgage rates from Singapore's major banks. Rates typically range from 2.5% to 3.5% depending on your credit profile, loan tenure, and market conditions. A lower rate dramatically improves your purchasing power—even 0.25% difference translates to significant monthly savings.
Down Payment & Initial Capital Requirements
Most banks require a minimum 25% down payment for HDB properties and 20-25% for private properties like Parc Regency. For a SGD 1,500,000 unit (mid-range estimate), you'd need SGD 300,000-375,000 upfront. Additional costs include:
- Stamp duty on purchase agreement (typically 1-4% depending on price)
- Legal fees for conveyancing (approximately SGD 1,500-2,500)
- Property inspection and valuation fees (SGD 500-1,000)
- Agent commission (if using agent services)
Total initial capital typically ranges from 25-30% of purchase price. Homejourney recommends consulting a conveyancing lawyer to clarify exact costs for your specific transaction.
CPF Usage for Property Purchase
Singapore citizens can leverage their CPF Ordinary Account (OA) for property purchases, significantly reducing cash requirements. CPF can be used for:
• Down payment (up to 100% of down payment from CPF)
• Mortgage repayment (monthly CPF deductions from salary)
• Stamp duty and legal fees
This flexibility makes property ownership more accessible. Consult your CPF statement to understand your available OA balance and usage limits. CPF Board's website provides detailed guidelines on property purchase eligibility and contribution limits.
ABSD (Additional Buyer's Stamp Duty) Considerations
ABSD rates apply differently based on buyer profile:
• First-time Singapore citizen buyers: 0% ABSD (significant advantage)
• Upgraders (selling existing property): 5% ABSD
• Multiple property owners: 10-15% ABSD
• Foreign buyers: 20% ABSD
• Corporate buyers: 25% ABSD
If you're a first-time buyer, Parc Regency represents exceptional value as you avoid ABSD entirely. This tax exemption can save hundreds of thousands of dollars on your purchase.
Estimated Monthly Mortgage Payments
For a SGD 1,500,000 Parc Regency unit with 25% down payment (SGD 375,000), financed over 25 years at 3.0% interest:
- Loan amount: SGD 1,125,000
- Monthly payment: Approximately SGD 4,770
- Total interest paid: Approximately SGD 563,000
Important Disclaimer: These calculations are estimates. Actual payments depend on your specific loan amount, interest rate, tenure, and bank's calculation methods. Always obtain formal loan quotations from banks before making purchase decisions.
Professional Financial Advice
Property financing involves complex decisions affecting your financial security for decades. Homejourney strongly recommends consulting with:
• Licensed financial advisors for overall wealth planning
• CPF Board representatives for CPF usage optimization
• Bank mortgage specialists for loan comparison
• Tax professionals for ABSD and tax implications
• Conveyancing lawyers for legal protections
These professionals ensure your purchase aligns with your long-term financial goals and protects your interests throughout the transaction.
The Buying Process: Step-by-Step Guide
Step 1: Property Search & Viewing
Begin by viewing available Parc Regency units through Homejourney's Property Search . Our platform displays verified listings with complete unit information, pricing, and floor plans. Schedule viewings at times convenient for you—most developments accommodate flexible viewing hours.
During viewings, examine:
• Unit condition and layout functionality
• Natural light and ventilation quality
• Noise levels and neighborhood feel
• Common areas and building maintenance standards
• Parking facilities and access routes
Trust your instincts—you'll be spending considerable time in this property. If something feels off, continue viewing other units before deciding.
Step 2: Financial Pre-Approval
Before making offers, obtain mortgage pre-approval from your bank. This demonstrates to sellers that you're a serious, financially qualified buyer. Pre-approval typically requires:
• Recent payslips (last 2-3 months)
• Income tax returns (last 1-2 years)
• Bank statements (last 3-6 months)
• CPF statements
• Existing loan obligations
Pre-approval is usually free and non-binding, providing clarity on your maximum borrowing capacity.
Step 3: Making an Offer
Once you've identified your preferred unit, your agent or lawyer will prepare an offer to purchase. The offer includes:
• Property address and unit details
• Offered purchase price
• Proposed completion timeline
• Deposit amount (typically 5-10% of purchase price)
• Special conditions (if any)
Negotiations may occur before both parties agree on terms. Be prepared to justify your offer with comparable sales data and property condition assessments.
Step 4: Option to Purchase (OTP) & Cooling-Off Period
Once your offer is accepted, you'll receive an Option to Purchase (OTP). Singapore law provides a 5-day cooling-off period during which you can withdraw without penalty. Use this period to:
• Conduct professional property inspection
• Verify title documents with your lawyer
• Finalize mortgage arrangements
• Review all contract terms carefully
This cooling-off period protects your interests—use it thoroughly.
Step 5: Due Diligence & Legal Review
Your conveyancing lawyer will conduct comprehensive due diligence:
• Verify property title and ownership history
• Check for outstanding mortgages or liens
• Review building plans and structural integrity
• Confirm property tax status and utility connections
• Identify any legal encumbrances or restrictions
This legal protection is invaluable. Never skip professional legal review regardless of how straightforward the transaction appears.
Step 6: Deposit & Contract Execution
Upon exercising your OTP, you'll pay a deposit (typically 5-10% of purchase price) to the seller's lawyer. Your lawyer will review the final contract, negotiate any remaining terms, and prepare for execution. The contract specifies all terms, conditions, and completion requirements.
Step 7: Mortgage Finalization & Valuation
Submit your formal mortgage application with all required documentation. Your bank will conduct a property valuation to ensure the property value supports the loan amount. If valuation comes in lower than your offer price, you may need to increase your down payment or renegotiate the purchase price.
Step 8: Completion & Handover
On completion date, final funds transfer to the seller's lawyer, and you receive the property title deed. You'll conduct a final walkthrough to confirm the property condition matches the sale agreement. Once satisfied, you take possession and become the official owner.
Homejourney recommends conducting a professional building inspection before completion to document any defects requiring rectification.
Professional Support Throughout
The buying process involves multiple professionals protecting your interests. Homejourney can connect you with experienced in District 05 transactions. These professionals guide you through each step, negotiate on your behalf, and ensure your interests remain protected throughout.
Investment Potential & Rental Yield Analysis
Understanding Rental Yield at Parc Regency
Parc Regency's current rental yield of 4.0% represents the annual rental income expressed as a percentage of property value.[2] This yield is particularly attractive in Singapore's current market environment where yields typically range from 2.5% to 4.5% depending on location and property type.
For context, recent rental data shows 3-bedroom Parc Regency units commanding approximately SGD 5,550 monthly rent (SGD 3.26-3.47 per square foot).[3] On a SGD 1,500,000 purchase price, this translates to approximately SGD 66,600 annual rental income—validating the 4.0% yield estimate.
Why Parc Regency Attracts Tenants
Strong rental demand reflects several tenant-attracting factors:
• Prime location: Pasir Panjang Road is prestigious and convenient
• 3-bedroom configuration: Appeals to families and professionals
• Freehold status: Signals property stability and permanence
• Established community: Proven building management and maintenance
• Low-density living: Quieter than typical large developments
• MRT proximity: Convenient commuting for professionals
These factors create reliable tenant demand, making Parc Regency an attractive investment for owner-investors considering future rental income.
Capital Appreciation Outlook
While past performance doesn't guarantee future results, several factors suggest positive long-term appreciation potential:
• Freehold tenure: Increasingly rare and valuable
• Limited supply: Only 20 units total—scarcity premium
• Mature location: Established neighborhoods typically appreciate steadily
• District 05 growth: Continued development and infrastructure improvements
• Central Region proximity: Proximity to Singapore's economic engine
Conservative estimates suggest 2-3% annual appreciation, though market cycles create variability. Over 10-year holding periods, this compounds to meaningful wealth accumulation.
Rental vs. Capital Appreciation Strategy
Parc Regency suits two distinct investment strategies:
Income-Focused Strategy: Purchase for rental yield, targeting steady monthly cash flow. The 4.0% yield provides reliable income for retirees or passive investors. Over 25 years, rental income accumulates to substantial sums while property appreciation provides additional upside.
Capital Appreciation Strategy: Purchase for long-term ownership, targeting property value growth. Freehold status and limited supply create scarcity premiums. Minimal rental focus, maximum long-term wealth building.
Most successful investors combine both strategies—enjoying rental income while benefiting from property appreciation over extended holding periods.
Future Development Considerations
District 05's Master Plan 2019 designates the Central Region for continued rejuvenation, with new mixed-use developments planned for Marina South and enhanced connectivity via Circle Line Stage 6 (opening by 2025).[2] These developments should support steady property value appreciation and tenant demand in surrounding areas like Parc Regency.
However, property investment involves risks. Market downturns, interest rate increases, or economic recessions can impact both rental demand and property values. Diversify your investment portfolio and maintain adequate financial reserves to weather market cycles.
Frequently Asked Questions About Buying at Parc Regency
What makes Parc Regency's freehold status valuable?
In Singapore, freehold properties are exceptionally rare—most new developments carry 99-year leases that diminish in value as they age. Freehold ownership means you own the land indefinitely, avoiding the value depreciation that affects leasehold properties. This distinction typically commands 10-20% price premiums and provides superior long-term wealth preservation.
How many units does Parc Regency have, and are they all 3-bedroom?
Parc Regency comprises 20 residential units, all configured as 3-bedroom, 3-bathroom apartments.[5] Unit sizes range from 1,334 to 1,668 square feet with 6 distinct floor plan variations. This uniform configuration creates consistent community character and reliable rental demand.
What's the current price range for Parc Regency units?
Specific pricing fluctuates based on unit-specific factors and market conditions. Recent rental data (SGD 5,550 monthly for 3-bedroom units) provides context for current valuations. For precise current asking prices and available units, visit Homejourney's Projects page, which displays verified transaction history and current market analysis.
How accessible is Parc Regency by public transport?
Parc Regency benefits from excellent MRT connectivity via Haw Par Villa (CC25) and Kent Ridge (CC24) stations, approximately 10-15 minutes walking distance. Additional stations including Clementi, Dover, Buona Vista, and Pasir Panjang provide alternative routes. This positioning enables convenient commuting to Singapore's CBD in 12-20 minutes.
What's the estimated rental yield for Parc Regency?
Current rental yield stands at 4.0%, reflecting strong tenant demand for this development.[2] Recent rental transactions show 3-bedroom units commanding approximately SGD 5,550 monthly rent. This yield is particularly attractive compared to many Singapore properties and provides reliable income for investor-owners.
Can I use CPF to purchase a Parc Regency unit?
Yes, Singapore citizens can use their CPF Ordinary Account (OA) for down payments, mortgage repayments, and related purchase costs. CPF usage significantly reduces cash requirements and improves purchasing power. Consult CPF Board guidelines or your bank for specific eligibility and contribution limits applicable to your situation.
What ABSD rates apply to Parc Regency purchases?
ABSD rates depend on buyer profile: first-time buyers pay 0% (significant advantage), upgraders pay 5%, multiple property owners pay 10-15%, foreign buyers pay 20%, and corporate buyers pay 25%. If you're purchasing your first property, Parc Regency offers exceptional value through complete ABSD exemption.
How long is the typical buying process at Parc Regency?
From initial viewing to completion typically requires 8-12 weeks, depending on financing complexity and legal review duration. The process includes viewing, offer, Option to Purchase, due diligence, mortgage finalization, and completion. Delays can occur if issues arise during legal review or valuation, so maintain realistic timeline expectations.
What are typical additional costs beyond the purchase price?
Additional costs typically include: stamp duty (1-4% of purchase price), legal fees (SGD 1,500-2,500), property inspection (SGD 500-1,000), valuation fees (SGD 500-800), and agent commission (if applicable). Total additional costs typically range from 3-8% of purchase price. Your conveyancing lawyer will provide detailed cost estimates.
Is Parc Regency suitable for first-time buyers?
Absolutely. Parc Regency's freehold status, established location, low-density community, and first-time buyer ABSD exemption make it particularly attractive for first-time purchasers. The property's 20+ year track record provides confidence in value stability, while the 3-bedroom configuration suits growing families or professionals requiring home office space.
What's the difference between Parc Regency and newer District 05 developments?
Parc Regency's key distinctions include: freehold tenure (vs. 99-year leasehold), only 20 units (vs. 100+ in modern developments), established 20+ year track record (vs. unproven new projects), and lower-density living (vs. bustling large complexes). These factors appeal to buyers prioritizing stability, exclusivity, and proven value over trendy amenities.
How does Homejourney help with my Parc Regency purchase?
Homejourney provides verified property listings, detailed market analysis, mortgage calculators, agent connections, and comprehensive buying guides. Our platform prioritizes your safety through information verification and transparent pricing. We connect you with experienced agents, provide market insights, and guide you through every step of the buying process with trustworthy, user-focused support.
