Parc Clematis (Former Park West)
Parc Clematis a new development located right in the heart of Clementi by SingHaiYi Properties near to Clementi MRT Station.
Park West Condominium (Enbloc) along Jalan Lempeng has been sold to SingHaiyi for S$840.9 million. The regular shape plot of land offers good redevelopment opportunity given its strategic location. Parc Clematis is walking distance away from the Clementi Bus Interchange and the Clementi (EW23) Train Station which operates the East-West Line and is near to the One-North R&D Park and Singapore’s second Central Business District at Jurong Lake.
With a site area of 58,866.96m2 (Maximum Permissible Gross Floor Area 123,620.61 m2), SingHaiyi developer intends to apply to the Singapore Land Authority for the grant of a fresh 99-year lease for the property, and to lift certain title restrictions with an estimated $290.6 million in differential premium and lease upgrading premium to redevelop the site to a gross plot ratio of 2.1 and this translates to a land price of about $850 per square foot per plot ratio.
Parc Clematis Former Park West Enbloc
Parc Clematis Condo is also strategically located with many shopping centres located around in the vicinity. For example, the popular Clementi Mall, 321 Clementi Shopping Centre as well as Courts Superstore are located near to Parc Clematis Park West Enbloc . The Clematis Condo is also located near to West Coast Park where plenty of outdoor families are available for residents to spend some quality time with their family.
Parc Clematis will be accessible with Clementi MRT Station that is just a few minutes walk away from the development. Also, for owners who are taking buses, there are several buses available along Jalan Lempang and Clementi Avenue 6. For owners who are traveling to the city, Parc Clematis Jalan Lempeng is located right next to Ayer Rajah Expressway (AYE).
Parc Clematis Location is also near elite schools such as Singapore Polytechnic (SP), National University of Singapore (NUS) and Anglo Chinese Junior College (ACJC).