About Parc Clematis
Parc Clematis is located at the former Park West Apartment along Jalan Lempeng, junction of AYE and Clementi Avenue 6. It was successfully en-bloc by SingHaiyi JV at the price tag of $840m in 2018. After factoring the lease top up, the estimated land cost works out to be $850 psf per plot ratio (ppr).
This 99 years leasehold project with a site area of 633,639 sqft and a maximum GFA of 1,330,642 sqft, will have nine 24-storey tower blocks residential apartment development, 6 units of 2 storey strata bungalow and 12 units of 2 storey strata semi-detached houses. Total number of units in this development are 1468. Both 1 bedroom and 2 bedroom units will take up about 38% of the total available units.
Parc Clematis Layout
Developed Sing-Haiyi, this development has an upside potential riding on the URA Draft Masterplan 2019. On top of close proximity to the existing East-West line and the up and coming Jurong Region Line will provide additional value to Parc Clemantis.