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MRT
| EW23 | CLEMENTI –  7 mins walk via link bridge (clementi close) |
Bus Stops
| 1. HONG LEONG SHOP CTR (20021) (130M AWAY) Services: 97, 154, 197, 198 |
2. OPP HONG LEONG SHOP CTR (20029) (168M AWAY) Services: 97, 154, 197, 198 |
3. REGENT PK (17059) (302M AWAY) Services: 154, 188, 196, 963R, 963 |
4. BLK 436 (17051) (379M AWAY) Services: 154, 188, 196, 963R, 963 |
| 5. NAN HUA PR SCH (20101) (471M AWAY) Services: NR8, NR5, 5N, 52, 99, 105, 106, 173, 183, 188, 963R, 963 |
6. BLK 431 (20019) (485M AWAY) Services: 97, 97e, 188E, 188, 196, 197, 198, 963R, 963 |
Dentists
| 1. DENTAL CLINIC (399M AWAY) 30 Jalan Lempeng, Nan Hua Primary School Singapore 128806 |
2. DENTAL CLINIC (492M AWAY) BLK 8 CLEMENTI AVE 3 Singapore 129903 |
National Parks
Park with Childrens Playground, Fitness area and 3G equipment
Childcare Centres
| 1. AMAR KIDZ @ WEST COAST LLP (154M AWAY) 8, JALAN LEMPENG, #02 – 03, PARK WEST CONDO, SINGAPORE 128796 Phone: 67741996 |
2. EUREKA SCHOOLHOUSE PTE LTD (417M AWAY) 111 FABER DRIVE, SINGAPORE 129423 Phone: 67746784 |
Schools
| 1. CLEMENTI TOWN SECONDARY SCHOOL (381M AWAY) 10 CLEMENTI AVE 3 SINGAPORE 129904 |
2. NAN HUA PRIMARY SCHOOL (399M AWAY) 30 JALAN LEMPENG SINGAPORE 128806 |
3. CLEMENTI PRIMARY SCHOOL (498M AWAY) 8 CLEMENTI AVE 3 SINGAPORE 129903 |
4. QIFA PRIMARY SCHOOL (500M AWAY) 50 WEST COAST AVENUE SINGAPORE 128104 |
Clementi and its surrounding roads have been named after Sir Cecil Clementi, the Governor of the Straits Settlements from 1887 to 1893. A number of important administrative offices and political establishments are located in this area. Clementi is popular among property investors for two main reasons – the relatively cheaper land values and the huge redevelopment processes in the pipeline. The Clementi Planning Area and the Clementi New Town Area are the two main residential areas in the region.
Clementi New Town is the largest and most prominent HDB estate in the Clementi region, and also one of the most mature and developed housing estates in Singapore. Built within an area of about 4 sq. km., only half of the actual area has been put to use for residential purposes. Approximately 80,000 people reside in around 24,000 HDB flats and similar residential units. Clementi is also well known for its educational belt with primary schools to university.
See How Prices And Transaction Volumes Have Been Trending In Clementi
- Average PSF trend
- Average PSF trend
| Project Name | Tenure | Completion Date | Min Price* (S$ psf) |
Avg Price* (S$ psf) |
Max Price* (S$ psf) |
|---|---|---|---|---|---|
| NEWEST | 956 Yrs FROM 1928 | 2016 | 830 | 830 | 830 |
| REGENT PARK | 99 Yrs FROM 1993 | 1997 | 979 | 1,038 | 1,115 |
| WEST COAST GARDENS | 956 Yrs FROM 1928 | Unknown | 1,307 | 1,340 | 1,361 |
| HUNDRED TREES | 956 Yrs FROM 1928 | 2013 | 1,299 | 1,353 | 1,538 |
| FABER HILLS | Freehold | 1977 | 1,213 | 1,367 | 1,459 |
| THE TRILINQ | 99 Yrs FROM 2012 | 2017 | 1,042 | 1,400 | 1,643 |
| 🌐 Parc Clematis | 99 Yrs FROM 2019 | Uncompleted | 1,044 | 1,636 | 1,762 |
| 🌐 Clavon | 99 Yrs FROM 2019 | Uncompleted | 1,487 | 1,648 | 1,858 |
Transaction Volume in District 05
- Developer's SALE
- Sub SALE
- RESALE
- Total SALE
- Developer's SALE
- Sub SALE
- RESALE
- Total SALE
Click Here for direction of Showflat
In view of Covid19 regulation and public safety, all visiting of showflat is by registration* only. All registered visitors will need to use SafeEntry for contact tracing purposes. (*All visitors / walk-in without appointment will be rejected. Strictly no appointment make on site, all appointments must be registered and arrange in advance for crowd control measure.)
🏗 CONSTRUCTION PROGRESS
100 %
90 %
25 %
%
%
%
%
%
*Progress of construction stages stated here is indicative only and is given based on estimate and information available. T.O.P date may vary over time depending on individual site conditions and situations. Information accurate as of 12 April 2021.
Quick Facts:
- Land size: 633,644 sqft
- Gross floor area: 1,330,652 sqft
- Architect: P&T Consultants Pte Ltd
- Landscape Designer: TinderBox Pte Ltd
- 9 Towers of 1450 units; 8 Strata Terraces; 4 Strata Corner Terraces; 6 Strata Bungalows
- Plot Ratio: 2.1
- Car Park lots :1450
Progressive Payment Stages
(cash only) 5 %
(cash / CPF) 15 %
(within 08 weeks from issue of OTP)
(cash / loan) 10 %
(estimated 06 to 09 months from launch date)
(loan) 10 %
(estimated 12 months)
(loan) 5 %
(loan) 5 %
(loan) 5 %
(loan) 5 %
(loan) 25 %
(estimated TOP Sep 2023)
(loan) 15 %
(estimated 12 months from TOP date)
*% refer to percentage of purchase price
Parc Clematis SALES CHART Real-time Update
- 𝐒𝐎𝐋𝐃 (%)
- 𝐀𝐕𝐀𝐈𝐋𝐀𝐁𝐋𝐄 (%)
Sold: 1292
Available: 176
Parc Clematis Guide Price (Avg PSF: $1,506 to $1885)
360º Virtual Tour available
Direct discount $20,000
360º Virtual Tour available
360º Virtual Tour available
360º Virtual Tour available
Find out how much you can borrow instantly from your income
It comprises of two components:
- TDSR (Total Debt Servicing Ratio) – Calculate the loan amount you can take for your property based on your gross income.
- Mortgage Calculator – Calculate the monthly cost of your loan repayment, including the interest payable.
Parc Clematis BALANCE UNITs Real-time Update
Parc Clematis BUYER PROFILE
- Singaporean (%)
- Permanent Resident PR (%)
- Foreigner (%)
FLOOR PLANS
👉 Click here to get our 🌐 Official Parc Clematis e-brochure with all units type layout and configuration together with specifications.
VIRTUAL TOURs
👉 Click here to visit our 360° virtual tours of 1, 2, 3, 4 and 5 bedroom type. Come and witness the efficient configuration of Parc Clematis’ layouts
Real-time Update
AVAILABLE UNITS
👉 Get update of Parc Clematis available units and enjoy ‘Ang Pow’ draw (up to $80,000) discount from developer – SingHaiYi
THE KINDRED LIFESTYLE COMMUNITY
百家居 ● 千戶情
Parc Clematis 錦泰門第 is a new mega project located right in the heart of Clementi developed by SingHaiYi Properties which just 7 mins walk to Clementi MRT Station. The site is the former Park West condo that has been successfully enbloc at a price of $840.89 million.
The site has massive land size of 633,644 sqft and gross floor area of 1,330,652 sqft. One of the largest if not the largest condominium in Clementi estate. Comprises of 1468 units, Parc Clematis 錦泰門第 offers its development in 3 different zoning mainly in landscaping, themes and architectural design. Most units in Parc Clematis 錦泰門第 will enjoy unblock panoramic views from its surrounding:
The expansive of land in Parc Clematis is one of main attraction to many home owners. Based on the existing Gross Floor Area (GFA), the developer actually can build more units but chose to dedicated 60% of land to open spaces & facilities. This can give the 9 towers good allowance between each block’s privacy.
TRANSACTION VOLUME Monthly Update
- 𝐍𝐨 𝐨𝐟 𝐔𝐧𝐢𝐭𝐬
PRICE TREND (on Avg PSF) Monthly Update
- 𝐌𝐚𝐱𝐢𝐦𝐮𝐦 𝐏𝐒𝐅
- 𝐀𝐯𝐞𝐫𝐚𝐠𝐞 𝐏𝐒𝐅
- 𝐌𝐢𝐧𝐢𝐦𝐮𝐦 𝐏𝐒𝐅
- 𝐁𝐫𝐞𝐚𝐤𝐞𝐯𝐞𝐧 𝐏𝐒𝐅 (𝐞𝐬𝐭)*
*Find out the breakdown cost of breakeven price
Recent surge in property sales have shown strong pent-up demand from home buyers even during pandemic period. Particularly from the property price index chart shown below, all regions have risen in price except CCR since 2013 with introduction of Total Debt servicing ratio (TDSR). RCR have rose significantly in fact the most out of all regions. We do see that prices of private developments in Clementi will continue to grow due to the lack of supply in the region. Government is also introducing many BTOs in Clementi since 2017. However, there are only handful of newer developments which are within walking distance from Clementi MRT station like Clement Canopy, Clavon (U/C), Trilinq and Parc Clematis.
Reference: data.gov.sg
(Data.gov.sg was first launched in 2011 as the government’s one-stop portal to its publicly-available datasets from 70 public agencies. To date, more than 100 apps have been created using the government’s open data. This website is an initiative by the Ministry of Finance and is managed by the Government Technology Agency of Singapore.)
With massive land size in Parc Clematis, this development have huge potential to be most popular development in the west in years to come. Over 600,000 sqft of land, Parc Clematis by far is the largest private development in Clementi.
Current pandemic situation present perfect opportunity for home buyers to acquire a unit in Clementi tandem to past transaction price in district level. With limited supply of private condos and high transactions of HDB flat edging over $1million dollar mark, it is like a ‘perfect’ storm for Parc Clematis when owners will eventually resell in open market.
The first quarter of the year closed with a 3.84% or 4.3-point quarter-on-quarter (QoQ) increase in the Property Market Index (PMI Q2 2021) to 117.8 points. 2nd Quarter recorded a quarter-on-quarter (QoQ) gain of 3.60% as shown in the charts. (courtesy of PropertyGuru).
This trend aligns with the Urban Redevelopment Authority’s (URA) private residential price index (Q2 2021), which saw a 1.1% increase in the non-landed private residential market.
From data.gov.sg as shown below, our govt sales land is at all time low right now.
This paint a picture of a bullish market, as the Singapore property market continues to defy the economic recession that is raging on where current low supply and rising price index.
Total Area of State Land Sold to Private Sector
Reference: data.gov.sg
(Data.gov.sg was first launched in 2011 as the government’s one-stop portal to its publicly-available datasets from 70 public agencies. To date, more than 100 apps have been created using the government’s open data. This website is an initiative by the Ministry of Finance and is managed by the Government Technology Agency of Singapore.)
Clement Canopy past transactions
| CONTRACT DATE |
ADDRESS | UNIT AREA (SQFT) |
PRICE (S$ PSF) |
PRICE (S$) |
|---|---|---|---|---|
| 28 MAY 2021 | 18 CLEMENTI AVENUE 1 #17-xx | 1,109 | 1,578 | 1,750,000 |
| 18 MAY 2021 | 18 CLEMENTI AVENUE 1 #09-xx | 657 | 1,721 | 1,129,999 |
| 14 MAY 2021 | 16 CLEMENTI AVENUE 1 #26-xx | 1,141 | 1,577 | 1,798,888 |
| 7 MAY 2021 | 16 CLEMENTI AVENUE 1 #38-xx | 1,346 | 1,561 | 2,100,000 |
| 3 MAY 2021 | 18 CLEMENTI AVENUE 1 #22-xx | 710 | 1,672 | 1,188,000 |
| 22 APR 2021 | 16 CLEMENTI AVENUE 1 #17-xx | 990 | 1,561 | 1,546,000 |
| 12 APR 2021 | 18 CLEMENTI AVENUE 1 #24-xx | 1,109 | 1,569 | 1,740,000 |
| 19 MAR 2021 | 16 CLEMENTI AVENUE 1 #35-xx | 1,346 | 1,540 | 2,072,000 |
| 3 FEB 2021 | 18 CLEMENTI AVENUE 1 #31-xx | 1,346 | 1,524 | 2,050,000 |
| 21 JAN 2021 | 18 CLEMENTI AVENUE 1 #03-xx | 1,346 | 1,472 | 1,980,000 |
| 10 NOV 2020 | 18 CLEMENTI AVENUE 1 #11-xx | 1,346 | 1,491 | 2,006,000 |
| 5 AUG 2020 | 16 CLEMENTI AVENUE 1 #27-xx | 1,346 | 1,515 | 2,038,888 |
| 15 APR 2020 | 18 CLEMENTI AVENUE 1 #04-xx | 1,346 | 1,472 | 1,980,000 |
Source: URA, https://www.squarefoot.com.sg
With projection economic recovery and gradually lifting of travel restrictions, it just matter of time where Singapore property prices will surge further. Recent recording breaking deals done at Pasir Ris 8 are suggesting many home buyers are highly confident of local residential market. One unique phenomenon in Clementi happen to be the price of resales market is similar to new development which is unusual.
To justify this phenomenon, let us nose dive into the resales market to see if Parc Clematis worth the price. First of all, let look at its immediate neighbour Clement Canopy which launched in 2017. Back in 2017, it launched at average of $1337 PSF and recent transaction was at $1622 PSF.
Current average selling price of Parc Clematis around $1660 – $1750 PSF for its premium 3, 4 and 5 bedroom type. Its average premium unit layouts are slightly larger than Clement Canopy. Hence overall quantum start from $2mil onwards. However, if home buyers are open to dual key, Parc Clematis still have 3 bedroom dual key type starting from $1.57 mil.
To sum it up, current available premium units in Parc Clematis come with private lift access & large yard space too. For $2 million starting price, it boil down to whether you will appreciate the lifestyle and expansive landscaping that Parc Clematis can offer versus price point as resales unit is definitely lower than its premium unit. By far, we have not seen in most developments located in Clementi offer luxurious option like this type in Parc Clematis. Hence we do seen the future demand for such products.
Trilinq past transactions
| CONTRACT DATE |
ADDRESS | UNIT AREA (SQFT) |
PRICE (S$ PSF) |
PRICE (S$) |
|---|---|---|---|---|
| 4 JUN 2021 | 28B JALAN LEMPENG #10-xx | 538 | 1,564 | 842,000 |
| 27 MAY 2021 | 28B JALAN LEMPENG #26-xx | 538 | 1,613 | 868,000 |
| 27 APR 2021 | 28 JALAN LEMPENG #08-xx | 1,356 | 1,320 | 1,790,000 |
| 23 APR 2021 | 28 JALAN LEMPENG #13-xx | 936 | 1,548 | 1,450,000 |
| 22 APR 2021 | 28A JALAN LEMPENG #35-xx | 1,055 | 1,564 | 1,650,000 |
| 6 APR 2021 | 28 JALAN LEMPENG #22-xx | 1,109 | 1,353 | 1,500,000 |
| 6 APR 2021 | 28A JALAN LEMPENG #12-xx | 1,356 | 1,357 | 1,840,000 |
| 5 APR 2021 | 28B JALAN LEMPENG #11-xx | 753 | 1,559 | 1,175,000 |
| 1 APR 2021 | 28A JALAN LEMPENG #25-xx | 1,044 | 1,580 | 1,650,000 |
| 22 MAR 2021 | 28 JALAN LEMPENG #29-xx | 1,044 | 1,619 | 1,690,000 |
| 10 MAR 2021 | 28B JALAN LEMPENG #16-xx | 1,109 | 1,380 | 1,530,000 |
| 5 MAR 2021 | 28A JALAN LEMPENG #35-xx | 710 | 1,619 | 1,150,000 |
| 4 MAR 2021 | 28A JALAN LEMPENG #34-xx | 1,356 | 1,445 | 1,960,000 |
| 4 MAR 2021 | 28B JALAN LEMPENG #26-xx | 700 | 1,644 | 1,150,000 |
| 1 MAR 2021 | 28B JALAN LEMPENG #15-xx | 538 | 1,594 | 858,000 |
| 29 JAN 2021 | 28B JALAN LEMPENG #11-xx | 915 | 1,526 | 1,396,000 |
| 22 JAN 2021 | 28B JALAN LEMPENG #08-xx | 538 | 1,486 | 800,000 |
| 14 JAN 2021 | 28B JALAN LEMPENG #30-xx | 700 | 1,701 | 1,190,000 |
| 12 JAN 2021 | 28A JALAN LEMPENG #25-xx | 710 | 1,595 | 1,133,000 |
https://www.squarefoot.com.sg
Let us look into another development Trilinq which TOP in 2017. It is developed by IOI properties. It caught many by surprise when it launched at average $1524 PSF back in 2013, it is consider very expensive on PSF basis back then. Recent transactions have shown the average PSF was at $1564 which similar to the initial launch price. It didn’t really sell well during the initial launch, it was only after it revised its pricing to $1100 – $1300 PSF. The sales took off like a perfect storm.
Trilinq have mixture of loft units among its units which often gave home buyers wrong impression that the PSF basis is low. As its loft units come with high ceiling in living area which also counted as livable strata space, hence the PSF do resulted in lower range.
As we can see the price of its typical units are transacted around $1600 PSF on average, we think that Parc Clematis units are offering at resales price point is something unique as new developments are priced at least 10-20% higher than resales development.
For personal tour of Parc Clematis, please contact us below.
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