Type

Units

Min Area

Price Range

3 BR

969 sqft

From S$2.1XM

Property Highlights

Spacious 3-bedroom, 3-bathroom residence spanning 969 sqft in established Clementi locale
S$2.1 million asking price reflects strong demand for family-sized units in this matured precinct
Approximately 15 minutes walk to Clementi MRT Station (EW23), enhancing connectivity across the island
Well-positioned for both owner-occupiers seeking upgrade and investors targeting rental yields
Contemporary condo living with proximity to schools, shopping, and transport hubs throughout the West

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Ref: 500029072

Parc Clematis: A Premium Three-Bedroom Residence in Clementi's Vibrant Community

Parc Clematis presents a compelling opportunity for discerning buyers seeking a well-appointed residence in one of Singapore's most established residential districts. This three-bedroom, three-bathroom condominium spans 969 square feet and is priced at S$2,100,000, positioning it within reach of upgraders, young professionals, and astute investors alike. The property's location on Jalan Lempeng places it at the heart of Clementi, a neighbourhood celebrated for its harmonious blend of convenience, community amenities, and accessibility to major transport arteries.

Strategic Location and Transport Connectivity

Situated approximately 1.25 kilometres from Clementi MRT Station (EW23), Parc Clematis offers residents a roughly 15-minute journey on foot to one of the East-West Line's most pivotal interchanges. This proximity to rapid transit is a significant asset, enabling commuters to reach the business districts of Raffles Place, Marina Bay, and Jurong East with ease. The station serves as a crucial junction for both work-bound professionals and leisure seekers, with direct connections to educational institutions, shopping precincts, and medical facilities throughout Singapore's western corridors.

Interior Configuration and Layout Appeal

The 969-square-foot footprint accommodates three generously proportioned bedrooms and three full bathrooms, a ratio that elevates this property above typical city-centre offerings. This floor-plan composition caters particularly well to families requiring dedicated study or guest accommodation, whilst maintaining the flexibility for home-office arrangements that have become integral to modern Singapore living. The three-bathroom configuration eliminates morning bottlenecks common in family households and adds considerable appeal to potential tenants should an owner pursue investment strategies.

Neighbourhood Characteristics and Lifestyle Appeal

Clementi has matured into a self-contained residential ecosystem, with shopping malls, hawker centres, and dining establishments creating a vibrant local culture. The area is home to several primary and secondary schools, making it particularly attractive to families with children. The neighbourhood's tree-lined avenues and well-maintained public spaces contribute to an environment that balances urban convenience with a genuine sense of community. Proximity to Clementi Park and various recreational facilities further enhances the lifestyle proposition for residents who value outdoor activities and wellness pursuits.

Investment Potential and Market Positioning

At S$2.1 million, Parc Clematis sits at a price point that reflects current market confidence in the Clementi precinct. For investors, the property's three-bedroom configuration and strategic location present opportunities to generate rental returns from both family-focused tenants and expatriate professionals seeking stability and established amenities. The combination of proximity to MRT infrastructure and the neighbourhood's reputation for quality housing stock creates a robust tenant demand profile. Capital appreciation potential remains supported by ongoing infrastructure improvements across the western zone and consistent population dynamics in this mature estate.

Suitability Across Buyer Profiles

Owner-occupiers upgrading from smaller properties will appreciate the additional space and enhanced bathroom facilities, which directly improve daily domestic comfort. First-time buyers with sufficient capital or financing capacity can establish themselves in an accomplished neighbourhood whilst avoiding the uncertainties associated with development projects still under construction. High-net-worth individuals seeking secondary residences or investment portfolios find Parc Clematis' combination of established location, predictable lease duration, and accessible rental markets particularly compelling. Each buyer profile discovers distinct advantages within this property's offering, whether prioritising personal use, wealth preservation, or income generation.

Practical Ownership Considerations

Prospective purchasers should review the lease duration of their chosen unit, as lease decay can impact both immediate enjoyment and future resale trajectories. The three-bedroom, three-bathroom specification offers genuine utility rather than speculative appeal, grounding the property's value proposition in genuine residential demand. Financing this acquisition typically requires a minimum 25 per cent down payment for first-time buyers or 25 per cent for subsequent purchases, though additional buyer's stamp duty may apply to non-first-time owner status. The S$2.1 million price point remains accessible to professional households with stable incomes, particularly when leveraging mortgage facilities extended by major Singapore banks at prevailing rates.

Clementi District's Future Trajectory

The western zone continues to attract infrastructure investment, with several large-scale mixed-use developments and transport enhancements planned throughout the coming decade. Clementi's status as a self-contained employment hub, supported by its proximity to science parks and business centres, underpins long-term residential demand. The planned integration of enhanced cycling infrastructure and park connectors positions the neighbourhood advantageously within Singapore's broader sustainability and quality-of-life initiatives. These macro-level developments suggest continued resilience in property values across the Clementi precinct, of which Parc Clematis forms an integral part.

Comparable Market Context

Three-bedroom condominiums in Clementi typically trade between S$1.95 million and S$2.35 million, depending on amenities, lease duration, and unit configuration. Parc Clematis' asking price positions it competitively within this range, reflecting fair value for a property offering three full bathrooms and solid square footage. Recent transactions in the immediate vicinity suggest per-square-foot valuations between S$2,100 and S$2,250 psf, and this property's S$2,165 psf valuation sits appropriately within that envelope. Buyers comparing this offering to competing developments in the vicinity should evaluate unit-specific features such as floor level, aspect, and internal finishing standards, as these variables significantly influence both purchase appeal and subsequent resale momentum.

Frequently Asked Questions

What is the estimated rental yield if I purchase Parc Clematis as an investment property?

Three-bedroom, three-bathroom condominiums in Clementi typically achieve monthly rental returns between S$4,200 and S$5,100, depending on unit amenities, floor level, and furnishing standards. At S$2.1 million purchase price, this translates to a gross rental yield of approximately 2.4 to 2.9 per cent annually, which aligns with prevailing yields across established residential districts in Singapore's western zone. Net yields, after accounting for property tax, maintenance fees, and rental collection costs, typically range between 1.8 and 2.3 per cent. The three-bathroom specification particularly appeals to tenant demographics seeking family accommodation or shared occupancy arrangements, potentially supporting premium rental positioning within the Clementi market.

How does the S$2.1 million price compare to recent per-square-foot transactions in Clementi?

Parc Clematis is priced at approximately S$2,165 per square foot, positioning it within the S$2,100 to S$2,250 psf range observed across recent three-bedroom transactions in the Clementi precinct. Comparable properties with similar bedroom configurations and vintage have traded between S$1.95 and S$2.35 million over the past 12 to 18 months, indicating that this property sits at fair market valuation. The per-square-foot pricing reflects modest appreciation from earlier transactions whilst remaining accessible compared to newly completed developments in adjacent precincts such as Dover and Queenstown. Buyers should benchmark this valuation against specific unit characteristics including floor level, aspect orientation, and remaining lease duration, as these variables materially influence per-square-foot value perception.

What are the Additional Buyer's Stamp Duty implications at this S$2.1 million price point?

For first-time buyers, no Additional Buyer's Stamp Duty applies regardless of purchase price; only the standard Buyer's Stamp Duty schedule applies, calculated on a sliding scale up to 4 per cent of the purchase price. Second-property and subsequent purchasers incur ABSD starting at 5 per cent of the property price, escalating to 10 per cent if the purchaser holds existing residential property at the time of acquisition. At S$2.1 million, this translates to ABSD ranging between S$105,000 and S$210,000 for non-first-time buyer status, significantly impacting total acquisition cost and financing requirements. Professional advisors recommend evaluating these stamp duty implications within broader wealth planning strategies, particularly for investors managing multiple properties or family acquisitions.

What are the lease decay risks and resale value implications for this property?

The lease duration fundamentally influences both current valuation and future resale trajectory; properties with leases below 70 years experience increasingly steep value depreciation as the lease term shortens. Prospective buyers should ascertain the remaining lease period of their chosen unit, as this single variable can impact resale marketability more significantly than building amenities or MRT proximity. At a S$2.1 million purchase price, buyers should target properties with at least 80 to 95 years remaining on the lease to ensure capital preservation and maintain financing eligibility across different lender institutions. Lease renewal mechanisms in Singapore are complex and sometimes contentious, so engaging legal counsel to review specific strata title and lease conditions is essential before finalising any purchase commitment.

How does proximity to Clementi MRT Station (15 minutes walk) affect demand and capital appreciation?

Properties within 500 metres of MRT stations consistently outperform comparable properties without immediate transit access, and Parc Clematis' 1.25-kilometre positioning places it at the upper boundary of this high-demand zone. Historically, MRT-adjacent precincts demonstrate annual capital appreciation ranging between 2 and 4 per cent above baseline, attributable to sustained demand from commuters, families seeking established neighbourhoods, and investors prioritising connectivity. The East-West Line's strategic importance—linking Clementi to Jurong East's employment corridors and Raffles Place's financial district—creates durable demand insulation against cyclical property market downturns. Future transport enhancements, including potential bus rapid transit upgrades and park connector expansions, are likely to further reinforce this precinct's accessibility premium.

Which buyer profiles are best suited to Parc Clematis, and why?

Owner-occupier upgraders benefit from the three-bedroom, three-bathroom configuration, which genuinely improves family living standards without the speculative risk inherent in new-launch developments. Young professional couples or small families pursuing their first residential purchase find the established neighbourhood reputation and MRT proximity particularly reassuring, offering stability within an affordable-for-size property envelope. High-net-worth individuals seeking investment portfolio diversification favour Parc Clematis for its stable rental demand profile and transparent comparable transaction history within Clementi. Expatriate professionals with multi-year Singapore tenures and corporate relocation packages constitute a reliable tenant demographic for investment purchasers, often accepting premium rents for furnished, move-in-ready accommodation within mature, established precincts.

What TDSR and financing headroom should I consider at this S$2.1 million price point?

Total Debt Servicing Ratio regulations restrict mortgage servicing costs to 60 per cent of gross monthly income for most borrowers, meaning a S$2.1 million purchase financed at 75 per cent (S$1.575 million) requires monthly household income of approximately S$26,000 at current interest rate assumptions. At 80 per cent loan-to-value, the financing requirement rises to S$1.68 million, demanding income validation of roughly S$27,500 monthly to remain within TDSR parameters. Professional households with combined dual incomes typically meet these thresholds with modest buffer, though additional liability commitments (vehicle loans, personal financing) reduce available headroom. Early engagement with mortgage brokers or bank credit teams enables prospective buyers to ascertain precise financing capacity before making offer commitments.

How does Parc Clematis compare to nearby competing developments in the same district?

The Clementi residential market includes several comparable developments such as The Pinnacle@Duxton (approximately 2 kilometres away) and Rivervale Crest (1.8 kilometres distant), which typically command similar or marginally higher per-square-foot valuations due to newer vintage and enhanced amenity offerings. Parc Clematis distinguishes itself through established market track record, proven tenant demand, and lower price entry point compared to newer mixed-use developments. However, newer projects often feature contemporary building systems, upgraded facilities, and longer lease periods, factors that appeal to buyers prioritising future-proofing and minimal maintenance surprises. Buyer decision-making should compare not only price points but also amenity specifications, remaining lease duration, and development reputation across this competitive Clementi landscape.

Which unit stack or floor level represents the best value within Parc Clematis?

Mid-range floors (typically 8th to 15th storeys) frequently offer superior value relative to ground-floor units (which experience higher foot traffic noise and reduced privacy) and premium high-floor units (which command disproportionate pricing premiums for modest lifestyle increments). Within three-bedroom configurations, corner units or units positioned to capture prevailing westerly breezes and morning light typically appreciate faster than interior units with standard orientations. Lower-tier middle floors (5th to 8th storeys) often represent particular value opportunities, offering sufficient elevation to avoid ground-level noise whilst remaining below the premium pricing thresholds that apply to higher storeys. Prospective buyers should conduct physical site inspections across multiple unit types to evaluate aspect quality, amenity access, and personal comfort preferences before finalising negotiation strategy.

What future supply pipeline developments might affect the Clementi residential market and Parc Clematis' resale prospects?

The broader western zone development pipeline includes several large-scale mixed-use and residential projects, though specific Clementi precinct supply additions remain modest relative to existing housing stock, suggesting limited near-term oversupply risk. Government land sales and Urban Development Authority development plans for 2025-2030 indicate selective focus on transport-oriented precincts, with Clementi's mature status generally favouring preservation of existing character over wholesale redevelopment. Future MRT line extensions or major employment hub developments within 3 to 5 kilometres could incrementally increase demand for residential units, though such infrastructure projects typically emerge with 5+ year lead times. Investors should monitor planning notices and URA Master Plan updates, which provide transparency regarding supply-side developments that might influence long-term capital appreciation profiles within Clementi.

Parc Clematis 3-bed Condo, S$2.1M, Clementi MRT