Newly launched mega development, Parc Clematis was officially released for sales recently and had their sales preview on the last week of August 2019.
Parc Clematis is a 99-year leasehold condominium located close to Clementi MRT station. It sits along Jalan Lempeng and is close to Clementi Avenue 6. A good mix of 1-bedroom to 5-bedroom apartments can be found in the development. Strata units can also be found within the development. Being close to the Clementi central, Parc Clematis offers a lifetime of convenience for its residents. The Clementi MRT station and bus interchange are a mere 7 minutes’ walk away. The popular Clement Market can also be found at the Clementi Central, shopping, dining and entertainment amenties are also readily available at the nearby Clementi Mall.
The development had attracted a lot of strong interest and its developer managed to sell 70% of their released units. The development comprised of 1,468 apartments and its developer, SingHaiyi Group, released a total of 465 units for sale. Of the 424 sold apartments, slightly less than half of them belongs to the One Bedroom and Dual-Key units. Usually, larger units are taken up by home buyers who are looking to purchase for their own stay, while investors will be looking at smaller units such as one or two-bedrooms that are of lower quatums. For Parc Clematis condo, the sales for both the bigger and small units are selling equally well
The units were sold at an average price of $1580 psf. The price of the one-bedroom started from $699k during the preview sales, while the two-bedroom and three-bedroom units were priced from $1.05 mil and $1.32 mil respectively. The one bedroom unit of Parc Clematis are sized from 452 square feet onwards. The 5 bedroom penthouses have a huge size of 2.669 square feet. The size of the strata houses range from 2,659 to 3,832 square feet.
This development is also sitting in between 2 business hubs; Jurong Lake District and One North Business Park. Both business hubs are within a 10 minutes MRT ride away. Mega shopping malls are also available at the Jurong Lake District. Being highly accessible in a mature estate of Singapore and surrounded by amenities and business centres, the strategic location of this new launch condo has made it very appealing to both homebuyers and property investors.
Visit the links below to learn more about the sales of this newly launch mega residential development that is located in the mature Clementi Estate.
https://www.straitstimes.com/business/property/two-newly-launched-projects-see-brisk-sales
https://www.straitstimes.com/business/property/parc-clematis-condo-in-clementi-sells-324-units-on-launch-day
