Parc Clematis is a new condominium development conveniently located right in the heart of matured Clementi Town. The new development is just minutes’ stroll to Clementi MRT Station, Clementi Mall and the galore of amenities available in Clementi Central. Good news for families with young children living in Parc Clematis: it is within 1km radius to some of Singapore's popular and highly sought after top ranking primary schools - Nan Hua, Pei Tong, Clementi and Qifa Primary School. Parc Clematis is not only easily accessible by public transportation with Clementi MRT and bus interchange within short walking distance via a sheltered walkway, the development is also well connected to major highways Ayer Rajah Expressway (AYE) and Pan Island Expressway (PIE) via Clementi Ave 6.
This development is the former Park West Condo that was successfully sold enbloc in a collective sale to SingHaiYi Group at a price of $840.89 million. Add $290.6 million for differential and lease upgrading premiums and the resulting land cost comes up to $850 psf ppr (per plot ratio). SingHaiyi Gold Pte Ltd, a 50:50 joint venture between SingHaiyi Group’s wholly-owned unit SingHaiyi Land and Haiyi Wealth Pte Ltd, a firm controlled by the group’s controlling shareholders, Gordon and Celine Tang.
Ideally located at Jalan Lempeng, off Clementi Avenue 6, Parc Clematis sits atop a huge land area of 633,644 sq ft (estimated 9 soccer fields). With a plot ratio of 2.1, 9 majestic 24-storey towers will be erected from the vast land plot. A total of 1,468 units comprising of 1 to 5-bedroom unit types and 20 strata landed homes including terraces and bungalows will be available for your selection at Parc Clematis.
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SingHaiyi Group Ltd. (“SingHaiyi” or the “Group”) specialises in property development, real estate investment and property management services in Singapore and the US. With strong parentage and strategic support from its major shareholders, the Group is led by a board and management team with deep insights and strong connections which provide the Group access to unique and rare investment opportunities.
Through its property development projects, the Group is involved in both the private as well as public residential segments in Singapore. The Group's development projects include Charlton Residences, CityLife@Tampines as well as Pasir Ris One. It also has a stake in mixed retail and commercial property TripleOne Somerset in Orchard Road which provides a broader exposure in different property segments in Singapore.
The Group’s operations in the US also span the residential and retail segments. It has a favourable right-of-first-refusal agreement with related company, American Pacific International Capital, a property investment company based in, and focused on the US. With this valuable relationship, SingHaiyi is able to reach and access niche pockets of real estate investment opportunities across the US.