Located at 2-20 Jalan Lempeng in District 5, Parc Clematis, is considered the biggest iconic project in Clementi. It sits on the en bloc site of Park West .
It is a 99 years old lease project, developed by Sing Hai Yi Group. On a plot ratio of 2.1, a total of 1,468 units are built ,with TOP expected to be in 3rd Quarter of 2023.
324 units or about 22percent of Parc Clematis, were sold on the first day of the launch, simply testifying to its popularity.
There are three main reasons why home owners and investors chose Parc Clematis as their project for both residential and investment use.
1. Strategic Location
Connectivity
Parc Clematis is an 8 to 10 minutes’ walk to Clementi Central. It boasts great connectivity, being in close proximity to public transport like buses and MRT . It is also near to highways like the Ayer Rajah Expressway(AYE), Pan Island Expressway(PIE) and Bukit Timah Expressway(BKE) .
Besides having a bus interchange at Clementi, there are also buses along AYE and Clementi Avenue 6.
Amenities
In Clementi Central, the proximity to wet and dry market, hawker centre, coffee shops and neighbourhood stalls make dining and marketing needs extremely accessible.
An added bonus is that Clementi Hawker Centre is known for its array of good food, like Soon Lee's porridge, Boon Kee's wanton noodle, Song fish soup etc and is always very lively place from day to night.
There are also no shortages of shopping malls to shop to escape the heat of a hot and sunny day.
Clementi Mall, Clementi 321, Courts Superstore, West Coast Plaza as well as the mega malls in Jurong East like Jems, Westgates, JCube, IMM, Big Box are among the many choices available.
Primary Schools and Education Hub
One great advantage of Parc Clematis is the proximity to popular primary school like Nan Hua Primary School which is within the 1 km radius. Other schools like Clementi Primary School, Pei Tong Primary School and Qifa Primary School are also nearby.
Many concerned parents move to new houses in order to be within a 1 km radius of popular primary schools to prepare their young children for a good foundation in their education journey.
There are also secondary schools like Clementi Town secondary school and Nan Hua High School in the neighbourhood.
Tertiary institutions like Ngee Ann Poly, Singapore Poly, Singapore Institute of Management, Singapore University of Social Sciences, Insead and National University of Singapore are also in close proximity.
In short, Parc Clematis allows you to complete the full education cycle from primary to tertiary education, ensuring a convenient commute to educational institutes throughout one’s schooling needs.
Medical Hubs
For urgent medical care, National University Hospital , Ng Teng Fong Hospital and Jurong Medical Centre are also in the vicinity of Parc Clematis.
Business Parks and Industrial Areas
There are also many working places nearby such as Ascendas Science Park , International Business Park , Trade Hub 21, One North Business Park that provide ready pool of tenants for Parc Clematis.
2. Proximity to Jurong East
Clementi MRT station is merely one station away from Jurong East which is part of the Jurong Lake District, the second Central Business District of Singapore.
Jurong Lake District is the west regional centre and consists of Jurong Gateway, Lakeside and Lakeside Gateway.
It is projected to create 100,000 new jobs and 20,000 new homes with residential, commercial activities, amenities and recreational facilities.
The future High Speed Rail to Kuala-Lumpur, Malaysia will be in the Lakeside Gateway which has been delayed at this moment.
When the train line is completed, the connectivity between the two countries will certainly spur further economic collaboration that spill over to Clementi.
The Jurong Regional MRT Line is expected to commence in 2026 and the Cross Island Line is likely to operate by 2030.
The Jurong Regional line is to serve the western part of Singapore. It reaches north to Choa Chu Kang, south to Jurong Pier, west to Peng Kang Hill and east to Pandan Reservoir.
Cross Island line ,when completed , will begin in Changi, and pass through areas like Loyang, Pasir Ris, Hougang, Ang Mo Kio, Bukit Timah, Clementi, West Coast before terminating at Jurong Industrial Estate.
Undeniably, the rail transportation between Singapore and Malaysia, as well as Jurong Regional Line and Cross Island Line, will ensure capital appreciation for Parc Clematis. Such future development for the next 10 years provides an exit strategy .
The potential pool of new home upgraders from Jurong West, Bukit Panjang, Bukit Batok, CCK, Jurong East and Tengah will also be looking to take up residency in Parc Clematis, hence making Parc Clematis an attractive investment choice.
Primarily because there is lesser government land sales and mega size plots in Clementi for residential development.
3. Mega Size Iconic Project
Parc Clematis is one of the few mega projects with exceeding 1000 units with a size of 633,644sqft.
In Parc Clematis, there is a variety of units available, and these units range from 1 bedroom to 5 bedroom. There are also 12 terraces and 6 bungalows.
Parc Clematis embraces a kindred communal living that comes with different themes of Contemporary , Elegance, Signature and Masterpiece.
The Contemporary is suited for younger generation, the Elegance is for families and Signature is meant for premium lifestyle as well as serves multi generational residents. Masterpieces consist of Bungalows and Terraces.
Due to the close proximity to the AYE, the tower blocks are tilted to a north-south placement, and unit windows along the expressway are designed to face away from it.
About 400 000sq ft or more than 60per cent of the project is earmarked for facilities ranging from 3 50m swimming pools, a beach pool, pools for kids, aqua therapy, club houses for reading, games, entertainment, dance studios, tennis court, multi purposes court, pavilions etc.
The residents are simply spoilt for choices with a vast facilities and impressive landscaping, yet the maintenance costs remain reasonable.
The layout of Parc Clematis is pretty efficient. The rooms are of a decent size where generally the master bedroom can fit in a king size bed and the common bedrooms can fit in a queen size bed.
There is also provision for a smaller three bedroom type where one of the common rooms fits in a single size bed.
The balcony is also reasonably sized and not excessively big.
Click for virtual tour to appreciate the layout of the project.
District 5 Price Trend
For the past ten years, we can see that District 5 projects performed better at 54.56% increase compared to all districts at 32.67%.
Entry Price
The price of Parc Clematis at $1,600plus psf also seem reasonable.
It is the price that residents paid for Jurong Gatway at Jurong East , seven years ago where it was first launched in 2013.
Compared to the surrounding new launches like Daintree, View At Kismis, Whistler Grand and Twin Vew , the price of Parc Clematis is within 10% range from their prices.
Compared with the resale projects like the Trlinq and Clement Canopy, the price increase is less than 10%.
The Developer
Parc Clematis is developed by Sin Hai Yi Group that focuses on new launches, investments and management services. Sin Hai Yi has diversified its portfolio in commercial and retail sectors in United States and other parts of Asia.
Its past projects include The Gazania, the Lilium, City Suites, The Vales, Citylife@ Tampines and Pasir Ris One in Singapore.
Conclusion
On the whole, Parc Clematis is a recommended buy where location, future development and the iconic project in size are concerned.
On the other hand, the ease of transportation has also caused the noise and traffic.
The mega size project may also not be everyone’s cup of tea for those that prefer a smaller community living.
Finally, if you are interested to find out more about this project, let's connect to discuss further and to understand the latest development in the real estate market.
Thank you.
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I am Ruth Chia, a Senior Sales Director with Orangetee and Tie Pte Ltd.
Prior to joining the real estate industry, I was in the finance and accounting department of a corporation which engaged in the consultancy works for real estate owners.
I switched my career to assist others to achieve financial freedom through real estate.
Being financially trained has enabled me to value add to my clients to give them a balanced perspective in making their real estate decisions.
My greatest reward is to have meaning relationship established through servicing my clients.
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