- 14/03/2018: Park West New Launch Condo Coming Soon. Register for VVIP Preview for Discounts!
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
|Description||To be Advised|
|Location||Jalan Lempeng, near Clementi MRT station.|
|Tenure||99 years Leasehold|
|Gross Plot Ratio||2.1|
|Total No. of Units||To be Advised|
|Total No. of Carparks||To be Advised|
|Expected TOP Date||To be Advised|
|Unit Mix||To Be Advised|
|Indicative Pricing||To Be Advised|
|Unit Type||Unit Size||No. of Units|
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 FLOOR PLAN / SITE PLAN / STAR-BUY LISTS COMING SOON. STAY TUNED!
VVIP PREVIEW REGISTRATION FORM