Parc Clematis
Overview
- Project
- Parc Clematis
- Address / District
- Jalan Lempeng · D05
- Positioning
- Buona Vista / West Coast / Clementi New Town
- Developer
- SingHaiyi Group Pte Ltd & Chuan Capital Pte Ltd
- Type
- Condominium
- Units
- ~1468
- Tenure
- 99-year Leasehold
- Nearest MRT
- EW23 Clementi MRT Station · 1270m
- On-market
- ~145 listings
- Avg asking PSF
- ~$2147.0
- Historical txns
- ~1739 txns
- District avg PSF
- D05 ~$2178
| Bed | Area sqft | On-sale | Txns | Avg PSF | Price range |
|---|---|---|---|---|---|
| 1-BR | 452–710 | 22 | 140 | $1729 | $0.90M–$1.07M |
| 2-BR | 506–894 | 85 | 626 | $1731 | $1.37M–$1.90M |
| 3-BR | 743–1475 | 24 | 630 | $1747 | $1.49M–$3.50M |
| 4-BR | 1237–2660 | 8 | 223 | $1751 | $2.90M–$4.00M |
| 5-BR | 1636–3834 | 6 | 120 | $1634 | $3.85M–$5.30M |
Livability · 5.2
- Transport:At 1270m from Clementi MRT, it exceeds comfortable walking distance, scoring poorly for car-lite lifestyles.
- Amenities:No major mall or market within 300m; Clementi Mall is about 1.2km away, limiting daily convenience.
- Green:Lacks immediate parks; the nearest sizeable green space like West Coast Park is over 2km away.
- Schools:Excellent proximity to Nan Hua Primary School (SAP, 0.3km) and other primary schools, a major draw for families.
- Quiet:Located along Jalan Lempeng, likely a mixed residential setting with some road noise, not a pure enclave.
- Layout:Layout efficiency cannot be assessed from data; assume typical new condo efficiency, but verify in person.
Investment · 6.0
- Price Trend:Historical CAGR of ~5% (2019-2026) demonstrates strong capital appreciation, outpacing inflation.
- Liquidity:With ~1,739 total transactions over 8 years, annual volumes exceed 200, indicating a highly liquid market.
- Listing Premium:Average listing PSF of $2,147 is below the 2026 transaction PSF of $2,266, suggesting possible negotiation upside or unit mix differences.
- Vs-District:Parc Clematis trades at a slight premium (~4% above D05 average PSF in 2026), reducing value-for-money appeal.
- Summary:Strong growth and liquidity make it attractive for capital gains, but premium entry and upcoming supply require a long-term view.
| Project | TOP | Asking PSF | — |
|---|---|---|---|
| Lyndenwoods | 2028 | $2,635 | |
| Blossoms By The Park | 2026 | $2,585 | |
| Bloomsbury Residences | 2029 | $2,577 | |
| Terra Hill | — | $2,560 | |
| One-North Eden | 2024 | $2,474 | |
| ELTA | 2028 | $2,466 |
Entry Cost & Return
Price is only part of it — stamp duty (BSD + ABSD), monthly repayment, net yield and break-even decide whether it is worth it. Figures below use a representative 2-BR · $1.63M.
| Buyer | BSD | ABSD | Total duty | All-in price | % of price | Break-even* |
|---|---|---|---|---|---|---|
| Citizen · 1st | $0.05M | — | $0.05M | $1.68M | 3.1% | ~0.6 yr |
| Citizen · 2nd | $0.05M | $0.33M | $0.38M | $2.01M | 23.1% | ~4.3 yr |
| PR · 1st | $0.05M | $0.08M | $0.13M | $1.76M | 8.1% | ~1.6 yr |
| Foreigner | $0.05M | $0.98M | $1.03M | $2.66M | 63.1% | ~10.0 yr |
Repayment & down-payment (LTV 75% · 3.5% · 25 yr):
| Bed | Ref price | Down 25% | Min cash 5% | Loan 75% | Monthly |
|---|---|---|---|---|---|
| 1-BR | $0.90M | $0.22M | $0.04M | $0.67M | ~$3,375 |
| 2-BR | $1.37M | $0.34M | $0.07M | $1.03M | ~$5,136 |
| 3-BR | $1.49M | $0.37M | $0.07M | $1.12M | ~$5,594 |
Recent transactions (negotiation basis):
| Month | Bed | Floor | Area | Price | PSF |
|---|---|---|---|---|---|
| 2026-07 | 3-BR | 06 | 1,044 | $2.60M | $2,490 |
| 2026-06 | 3-BR | 08 | 829 | $1.99M | $2,398 |
| 2026-06 | 2-BR | 11 | 721 | $1.65M | $2,286 |
| 2026-06 | 3-BR | 11 | 861 | $1.90M | $2,207 |
| 2026-06 | 2-BR | 12 | 732 | $1.53M | $2,090 |
| 2026-06 | 2-BR | 22 | 689 | $1.39M | $2,019 |
| 2026-06 | 2-BR | 21 | 689 | $1.38M | $1,996 |
| 2026-06 | 2-BR | 20 | 689 | $1.37M | $1,988 |
| 2026-05 | 3-BR | 04 | 915 | $2.19M | $2,391 |
| 2026-05 | 3-BR | 0 | 915 | $2.19M | $2,391 |
| 2026-05 | 4-BR | 15 | 1,496 | $3.56M | $2,380 |
| 2026-05 | 3-BR | 05 | 893 | $2.08M | $2,329 |
Supply · Demand · Planning
- Planning Outlook:URA Master Plan 2025 injects new housing and amenities in Buona Vista, West Coast, and Clementi, potentially boosting the area's profile.
- Future Supply:Significant upcoming launches (ELTA, Faber Residence, etc.) adding ~1,900 units by 2029 may intensify competition and suppress price growth.
- Future Demand:Proximity to top schools and planned developments could sustain buyer interest, particularly from families.
- Tenure & Holding:As a 99-year leasehold (est. 91 years left), long-term holding is needed to avoid lease decay risks; not ideal for short-term flips.
- Impact on Current Investment Value:High supply pipeline and lease run-off could moderate capital appreciation, making current entry less compelling unless bought at a discount.
Future supply pipeline (District D05 upcoming launches):
| Upcoming | Units | Est. TOP | Status |
|---|---|---|---|
| ELTA | 501 | 2028 | U/C |
| Faber Residence | 399 | 2029 | U/C |
| Bloomsbury Residences | 358 | 2029 | U/C |
| Lyndenwoods | 343 | 2028 | U/C |
| Blossoms By The Park | 275 | 2026 | U/C |
| Total | ~1876 | completing |
Tenure & holding period: For a 99-yr lease, the future depends on how long you hold — below: remaining lease and CPF/loan impact by holding period.
| Hold | Lease left | Bala value* | CPF / loan |
|---|---|---|---|
| After 5 yr | ~91 yr | ~93% | Full access |
| After 10 yr | ~86 yr | ~92% | Full access |
| After 20 yr | ~76 yr | ~88% | Full access |
| After 30 yr | ~66 yr | ~84% | Full access |
*Outlook is based on URA Master Plan 2025 and nearby public planning information, not an official forecast; launch unit counts/TOP are subject to official and developer announcements.
Risks & Fit
Who it suits
- Families targeting Nan Hua Primary School
- Investors seeking liquid, capital-growth oriented assets
- Buyers willing to trade off MRT proximity for school access
- Long-term holders comfortable with supply-side pressures
Caution / not for
- Commuters reliant on MRT for daily travel
- Yield-focused investors due to unknown rental yields
- Short-term flippers facing supply wave and potential price stagnation
- Buyers unaware of the premium over district average
Physically walk to MRT and amenities to assess practicality · Research current rental rates and occupancy in the development · Inspect unit layout for efficiency and noise exposure · Compare with upcoming new launches for pricing and features
Summary · Pros & Cons
| ✅ Pros | ⚠️ Cons · Risks |
|---|---|
| Stellar historical price growth (5% CAGR) | Long 1.27km walk to MRT, poorly connected for public transport |
| Liquid resale market with over 200 transactions/year | No major amenities within easy walking distance |
| Extremely close to Nan Hua Primary School (SAP) | No nearby parks or green spaces for recreation |
| Part of a large, well-facilitated condominium | Upcoming supply (~1,900 units) may depress prices |
| Potential uplift from URA Master Plan 2025 developments | Trades at a slight premium to D05, limiting value entry |
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