Parc Clematis

Parc Clematis - mins to Clementi MRT and Nan Hua Primary School

Parc Clematis
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 </a> 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.