[UPDATED] Parc Clematis to preview on Aug 17 with prices starting from $1,550 psf
By Bong Xin Ying
/ EdgeProp Singapore |
Named after the Clematis aristata, a flower associated with ingenuity and artistry, Parc Clematis by Singhaiyi Group will open for public preview on Aug 17.
Sitting on a 99-year leasehold site spanning 633,639 sq ft, the 1,468-unit development is Singhaiyi’s largest project to date. It is located on the former Park West site at Jalan Lempeng and will be the first mega private residential launch in Clementi in 3½ years. About 30% of the units, or 440 units, will be released for sale at the project’s launch on Aug 31.
“Parc Clematis is an inventive residential project built on the fundamental premise of community living, weaving together residents, homes and well-thought spaces to facilitate a unique, kindred lifestyle community,” says Celine Tang, group managing director of SingHaiyi. The project is marketed by Huttons Asia, OrangeTee & Tie, PropNex Realty and ERA Realty Network.
The development is the third in its “flower series” of new residential projects launched this year. The first two were The Gazania and The Lilium, located in the How Sun area - which were launched simultaneously in May.
Variety of units
To cater to various homebuyers’ needs, Parc Clematis will feature a total of 64 layout configurations.
Unit sizes range from 452 sq ft for a one-bedroom unit, to 2,669 sq ft for a five-bedroom penthouse unit. The strata terrace units start from 2,659 sq ft and the bungalow units are 3,832 sq ft each.
The living and dining area of a four-bedroom show unit (Credit: Samuel Isaac Chua/ EdgeProp Singapore)
Prices start from about $1,550 psf for a one-bedroom unit, $1,540 psf for a two-bedroom unit, and $1,530 psf for a three-bedroom unit.
Community spirit
Parc Clematis has dedicated over 400,000 sq ft, or 80% of the site, to recreational spaces and communal facilities.
For price trends, recent transactions, other project info, check out Parc Clematis project details page
About 30% of the units, or 440 units, will be launched for sale on the August 31 launch (Credit: Singhaiyi Group Ltd)
To promote communal living and provide an extension of living space for residents, there are themed dining pavilions such as the Chef’s Kitchen, the Wok It Dining Pavilion and the Teppanyaki Pavilion. These are all fitted with communal culinary equipment and furnishing.
Other facilities include study/work lounges, clubhouses, multi-purpose entertainment and game rooms, thematic playgrounds including an inclusive playground, as well as a laundry pavilion with large, self-service washing machines and dryers.
Residents can enjoy a free shuttle bus service to the nearby MRT stations for one year, and at a subsidised rate from the second to fifth year.
“We are confident that Parc Clematis will attract strong interest from both homeowners and investors alike, given its stellar location, extensive list of communal facilities, and engaging concept,” says Tang.
There are themed dining pavilions such as the Chef’s Kitchen (Credit: Singhaiyi Group Ltd)
Close to amenities
Parc Clematis is within walking distance to The Clementi Mall, where the Clementi Bus Interchange and Clementi MRT Station on the East West Line are situated. The development is also close to major expressways such as Ayer Rajah Expressway, Pan Island Expressway and Bukit Timah Expressway.
The project is a six-minute walk from Nan Hua Primary School, a four-minute drive to NUS High School of Mathematics and Science, and a 10-minute drive to Anglo-Chinese Junior College and the National University of Singapore. Business gateways, such as the one-north R&D park, and the Jurong Lake District, are also nearby. West Coast Plaza, JEM, JCube, and Westgate mall are just a six-minute drive away.
Given these attributes, property consultants expect to see keen interest for the project. “We’ve received good response on the ground since we started doing roadshows [for Parc Clematis] because of its location,” says Ismail Gafoor, CEO of PropNex Realty.
According to him, potential buyers are mainly drawn to the project’s proximity to Clementi MRT Station, schools, and business parks. As such, he expects owner-occupiers and HDB upgraders to make up the bulk of buyers. “Clementi has also traditionally been attractive to investors because of its location,” he adds.
Eugene Lim, key executive officer of ERA, also expects the project to appeal to existing residents in the vicinity. He observes that there has been interest from the children of residents who are living in the private landed estate at Faber Avenue or in the non-landed private homes nearby. This group of buyers is looking to buy a home close to their parents.
To cater to various homebuyers’ needs, Parc Clematis will feature a total of 64 layout configurations (Credit: Samuel Isaac Chua/ EdgeProp Singapore)
Both Gafoor and Lim highlight that the project’s starting price of $1,550 psf for a one-bedroom unit is also a key selling point. “Mass-market condos in the outlying areas command well above $1,400-1,500 psf,” says Gafoor. “Parc Clematis is appealing in that it offers different layouts [catering to] every family and, at this price point, it is really attractive in today’s market.”
Lim agrees: “Nearby, recent transactions for an older completed project, The Trilinq, are above $1,600 psf.” Developed by IOI Group, the 99-year leasehold The Trilinq was completed in 2017 and comprises 755 units.
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