- 20/05/2019: Project Name Confirmed; Parc Clematis – Target Launch: End June 2019.
- 14/03/2018: Park West New Launch Condo Coming Soon. Register for Latest Updates! Pending Approval of Sales / Seeking Indication of Interest!
Developer SingHaiyi Group has snagged the residential site in Clementi for $840.9 million amid the ongoing en bloc sale fever. This is the third time lucky for owners of Park West.
Park West is located at Jalan Lempeng, which is near to Clementi MRT station. It has a land area of about 633,644 sq ft, with a plot ratio of 2.1 and comprises of four shops and 432 residential units. Its lease commenced on March 8, 1982. It was noted that the site can potential yield about 1.33 million sq ft of gross floor area upon redevelopment – approx catering 1200-1700 units ranging from an average size of 750 sq ft to 1,100 sq ft..
At the selling price of $840.9 million plus an estimated $290.6 million in differential premium and lease upgrading premium, the price tag works out to a land cost of $850 per sq ft per plot ratio. The estimated break-even price will be in the range of $1,300 and hence the selling price would likely be above $1,400.
Park West is located is a very strategic location as the site is near the One-North R&D Park and Singapore’s second Central Business District at Jurong Lake. And given the strong demand for the nearby project such as The Trilinq and The Clement Canopy, Park West is expected to generate much interest from both investors and home stayers.
PARK WEST NEW LAUNCH CONDO PROJECT INFORMATION
|Project Name||PARC CLEMATIS (錦泰門第)|
|Developer||SING-HAIYI GOLD PTE LTD|
|Development||Proposed residential development comprising of 9 blocks of 24-storey residential flats, 6 units of 2-storey strata bungalows and 12 units of 2- storey strata terrace houses (total: 1468 units) with basement carpark, swimming pool, and communal facilities|
|Address||2-20 Jalan Lempeng|
|Site Area||633,967 sqft|
|No. of Blocks / Storeys||9 Blocks|
|No. of units||1468 units|
|Unit Mix||1 - 5 Bedroom and Penthouses|
|Carpark Capacity||1468 + 9 Handicap Lots|
|No. of Lifts||32 including Private lift and Clubhouse lift|
|Estimated Completion||1H 2023|
|Type||Estimated Sizes||Number of Units||Indicative Pricing|
|1 Bedroom||452 to 710 sqft||204||from $699K|
|2 Bedroom||689 to 893 sqft||355||from $1.046m|
|2 Bedroom DK||670 to 861 sqft||46||TBA|
|2 Bedroom Study||742.7 sqft||44||TBA|
|3 Bedroom||861 to 1076 sqft||267||from $1.319m|
|3 Bedroom DK||969 to 1216 sqft||46||TBA|
|3 Bedroom Premium||1044 to 1258 sqft||180||TBA|
|4 Bedroom||1238 to 1475 sqft||46||from $1.961m|
|4 Bedroom Premium||1292 to 1744 sqft||157||from $2.572m|
|5 Bedroom||1636 to 1970 sqft||28||TBA|
|5 Bedroom Premium||1712 to 1981 sqft||69||TBA|
|Penthouses||1991 to 2670 sqft||8||TBA|
|Corner Terrace||3466 sqft||4||TBA|
|Total units: 1468|
PARK WEST NEW LAUNCH CONDO LOCATION
Park West is located in an Established Estate, along Jalan Lempang District 05 Singapore. It is near to Clementi MRT Station and within 1km radius Nan Hua Primary School. The redevelopment could offer views of the nearby Faber Hills landed housing enclave and the West Coast.
- Minutes drive to One-North R&D Park
- Minutes drive to Jurong Lake District (Singapore 2nd Central Business District)
- Near to upcoming High Speed Rail (Singapore – KL)
- Surrounded by Amenities (Clementi Mall, Clementi ActiveSG Sports Hall & Swimming Pool, Clementi 448 Market & Food Centre, 321 Clementi, Ayer Rajah Food Centre, West Coast Plaza and Many More…)
PARK WEST NEW LAUNCH CONDO – REGISTER YOUR INTEREST FOR PRIORITY ACCESS AND VVIP DISCOUNTS ON PREVIEW DAY.
It is important to only engage the Official Direct Developer Sales Team to assist you. There are several complex procedures and key factors to consider before committing to purchase a unit. Rest assured that all our representatives are certified, well-trained and committed to deliver. By engaging the Official Direct Developer Sales Team, you will also enjoy the best possible direct developer price. There is no commission required to be paid.
SMS/Whatapps “Park West” +6590272297 to find out more!
PARK WEST NEW LAUNCH CONDO SITE PLAN / FACILITIES
REGISTER FOR LATEST UPDATES