Type

Units

Min Area

Price Range

3 BR

743 sqft

S$1.7M – S$2.6M

4 BR

1496 sqft

S$4M

Property Highlights

Condo development with 3 units currently available.
Prices currently range from S$1.7M to S$4M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$344K on this acquisition.
Located 15 min (1.27 km) from CR17 Clementi MRT Station.

Price Trends & Rental Yield

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Parc Clematis: Premium Condominium Living in Clementi

Parc Clematis stands as a thoughtfully designed residential development located at 2 Jalan Lempeng, strategically positioned within the established Clementi residential corridor. This condominium project offers an attractive entry point for buyers seeking quality accommodation in one of Singapore's most mature and well-serviced neighbourhoods. Situated just 1.27 kilometres from Clementi MRT Station, the development ensures residents benefit from seamless public transport connectivity and proximity to the wider Clementi ecosystem.

The development presents a diverse range of unit configurations, each crafted to maximise functionality and contemporary living standards. Available units accommodate varying household sizes and lifestyle requirements, with pricing beginning from S$1,720,000. This broad spectrum of offerings makes Parc Clematis particularly appealing to multiple buyer segments, whether first-time purchasers entering the property market, upgraders seeking improved accommodation, or seasoned investors building their residential portfolios.

Strategic Location and Connectivity

Clementi MRT Station, positioned merely 15 minutes' walk away, represents a significant advantage for daily commuters and long-term capital appreciation prospects. The station serves the Circle Line network, offering direct access to the Central Business District, Marina Bay, and the wider eastern corridor. This connectivity profile has consistently supported strong rental demand and steady price appreciation across the Clementi precinct, particularly for developments within walking distance of the station.

Beyond rapid transit access, Jalan Lempeng's location within the Clementi residential zone places residents near numerous amenities. The surrounding neighbourhood benefits from mature hawker centres, neighbourhood shopping facilities, educational institutions, and healthcare services. This comprehensive infrastructure ecosystem makes the location particularly attractive to families and established professionals who value convenience without sacrificing residential tranquillity.

Unit Design and Living Spaces

Parc Clematis units reflect contemporary condominium design principles, optimising space efficiency and natural light penetration. The development encompasses multiple unit types, each configured to deliver practical layouts suited to modern living standards. From intimate one and two-bedroom configurations to more expansive three-bedroom residences, the project caters to diverse household compositions and personal preferences.

Individual units typically feature well-proportioned living areas, functional kitchens designed for contemporary culinary pursuits, and bedrooms positioned to maximise privacy. Bathrooms are appointed with practical fixtures and adequate ventilation, whilst balconies and terraces provide outdoor retreat spaces. These design considerations reflect an understanding of how buyers and renters alike prioritise both functionality and quality of life in their residential choices.

Investment Potential and Market Positioning

For investors evaluating Parc Clematis as a portfolio addition, the development's proximity to Clementi MRT Station and its location within a mature, established residential zone present compelling fundamentals. The catchment area surrounding the development has historically demonstrated consistent rental demand, driven by proximity to employment nodes, educational institutions, and transport infrastructure. Units across the project are expected to attract both owner-occupiers and tenants seeking convenient, well-connected accommodation.

The pricing structure across available units reflects current market conditions in the Clementi sector, positioning Parc Clematis competitively relative to comparable developments in the immediate vicinity. Buyers considering this project should evaluate their specific investment horizon and risk tolerance, as property markets experience cycles influenced by economic conditions, interest rate movements, and broader real estate trends.

Financing and Buyer Considerations

Prospective purchasers should engage with qualified mortgage advisors to assess financing requirements at the development's price points. Singapore's Total Debt Servicing Ratio regulations typically permit mortgage amounts up to 75% of property value for owner-occupiers, though individual bank assessments may vary based on income documentation and existing financial commitments. First-time buyers should note that they benefit from stamp duty concessions under current regulations, whilst second property purchasers face Additional Buyer's Stamp Duty at the rate of 20% applied to the purchase price above the first S$180,000.

Buyers upgrading from existing properties should account for sell-down timelines and potential overlap between their previous and new acquisitions when assessing affordability. Similarly, investors purchasing Parc Clematis as a second or subsequent residential property must factor ABSD into their acquisition cost calculations, as this tax substantially impacts overall investment outlay and return expectations.

Amenities and Lifestyle Features

Parc Clematis incorporates residential amenities typical of contemporary condominium developments, though specific facility details should be confirmed through direct project consultation. Developments of this profile commonly feature landscaped communal gardens, fitness facilities, and recreational spaces designed to foster community engagement and resident well-being. Such amenities enhance both lifestyle appeal and long-term rental marketability, as tenants increasingly prioritise access to on-site facilities when evaluating residential options.

The immediate neighbourhood itself serves as an extended amenity layer, with Clementi's mature infrastructure providing shopping, dining, and educational facilities within walking or very short transit distances. This combination of on-site and neighbourhood amenities positions Parc Clematis favourably for both residential occupation and investment purposes.

Market Context and Long-Term Appreciation

The Clementi residential precinct has demonstrated resilience and steady appreciation over extended market cycles, supported by its mature infrastructure, strong transport connectivity, and diverse demographic profile. Developments positioned within walking distance of MRT stations have historically outperformed those requiring longer access walks, benefiting from consistent demand from commuters and transit-dependent households. This dynamic suggests Parc Clematis's proximity to Clementi MRT Station will continue supporting capital stability and appreciation potential.

However, buyers and investors should recognise that property markets experience cyclical variations influenced by macroeconomic factors, interest rates, and regulatory changes. Engagement with qualified real estate advisors and property market analysts can provide valuable perspective on current market conditions and individual circumstances.

Conclusion

Parc Clematis presents a compelling proposition for buyers and investors seeking quality residential accommodation in one of Singapore's most established and well-serviced neighbourhoods. Its strategic positioning on Jalan Lempeng, proximity to Clementi MRT Station, and diverse unit offerings across multiple configurations provide meaningful advantages for varied buyer profiles. Whether pursuing owner-occupation or investment purposes, prospective purchasers should conduct thorough due diligence, including site visits, financial consultations, and market analysis, to ensure the development aligns with their long-term objectives and risk parameters.

Frequently Asked Questions

What rental yield potential does Parc Clematis offer for investment buyers?

Rental yield at Parc Clematis is primarily influenced by proximity to Clementi MRT Station and the catchment's demographic profile. Clementi's established residential character attracts consistent tenant demand from young professionals, migrant workers, and families seeking convenient, well-connected accommodation. Historical rental rates in comparable Clementi developments have typically yielded gross returns in the 2–3% range, though specific yields depend on individual unit size, configuration, and actual rental market movements at time of purchase. Investors should model rental assumptions conservatively and account for ongoing maintenance fees, property taxes, and potential vacancy periods when forecasting actual investment returns.

How does Parc Clematis pricing compare to recent psf transactions in Clementi?

Parc Clematis's pricing structure should be evaluated against recent comparable transactions in the Clementi precinct, particularly developments within similar walking distances of Clementi MRT Station. Price per square foot in Clementi has historically ranged from approximately S$1,200–S$1,600 psf depending on unit size, age, condition, and exact proximity to the station. Buyers should request recent sales comparables from qualified agents to contextualise Parc Clematis pricing relative to competing inventory, accounting for differences in unit configuration, amenity offerings, and building specifications. Properties trading significantly above or below prevailing zone averages warrant deeper investigation into their specific attributes or market circumstances.

What is the Additional Buyer's Stamp Duty impact for second property purchasers at Parc Clematis?

Singapore Citizens purchasing Parc Clematis as a second or subsequent residential property incur Additional Buyer's Stamp Duty at the rate of 20% applied to the purchase price above S$180,000. For example, purchasing a unit at S$1,720,000 would trigger ABSD of approximately S$308,000 (20% of S$1,540,000). This substantially increases total acquisition costs and should factor prominently in investment return calculations. Permanent Residents and foreign nationals face even higher ABSD rates, typically 25% on properties above S$500,000. Buyers should engage conveyancing specialists early to model exact ABSD liability and ensure financing adequacy for both the property purchase and tax obligations.

Is lease decay a concern for Parc Clematis, and how does it affect resale value?

Lease tenure at Parc Clematis should be verified directly with the developer, as freehold, 999-year, and 99-year leasehold arrangements each carry different long-term implications. If the project operates under a 99-year lease, lease decay becomes progressively material as the lease approaches its final decades. Properties with leases below 30 years typically experience significant valuation penalties and financing constraints, as many banks restrict lending on short-leasehold properties. Prospective buyers should obtain exact lease commencement dates and durations, and factor lease length into long-term ownership and exit planning. Shorter-tenure leasehold properties may require enbloc collective sale or lease extension arrangements to maintain marketability and financing accessibility in future decades.

How does proximity to Clementi MRT Station affect demand and capital appreciation?

MRT proximity is historically one of the strongest determinants of capital appreciation and rental demand in Singapore's residential market. Clementi MRT Station, serving the Circle Line with direct connectivity to the CBD and broader island network, creates sustained tenant and buyer demand from commuters valuing transit accessibility. Properties within 10–15 minutes' walk of MRT stations consistently outperform those requiring longer access journeys, particularly during economic contractions when mobility and transport costs become purchasing priority factors. Parc Clematis's positioning 1.27 kilometres from Clementi Station positions it favourably within this dynamic, supporting both occupancy stability and price resilience. Over extended ownership periods, this MRT proximity advantage typically translates to measurable capital appreciation advantages relative to non-MRT-adjacent developments.

Is Parc Clematis suitable for different buyer profiles such as HNW, upgraders, first-timers, and investors?

Parc Clematis caters to multiple buyer segments through its diverse unit configurations and competitive pricing entry point. First-time buyers benefit from stamp duty concessions and accessible price points in an established neighbourhood with proven amenities and infrastructure. Upgraders moving from smaller properties find varied unit sizes accommodating family expansion without excess space inefficiency. High-net-worth individuals may appreciate the location's maturity and connectivity, though those seeking prestige may explore ultra-luxury developments in other precincts. Investors recognise strong rental fundamentals driven by MRT proximity, stable tenant demand, and Clementi's reputation as a transit-dependent neighbourhood. Each profile should assess Parc Clematis against their specific lifestyle priorities, investment return expectations, and financial capacity before committing to purchase.

What are typical TDSR and financing headroom implications at Parc Clematis price points?

Total Debt Servicing Ratio regulations restrict owner-occupier mortgage servicing to 60% of gross monthly income, with Maximum Loan-to-Value typically set at 75% of property value. At Parc Clematis's entry price of approximately S$1,720,000, the 75% mortgage cap translates to potential loan amounts around S$1,290,000, requiring buyer equity of approximately S$430,000. Monthly servicing on such loans at prevailing interest rates typically requires gross household income of approximately S$7,500–S$9,000 depending on rate environment and existing debt obligations. Buyers should stress-test their servicing capacity against potential interest rate increases and model affordability conservatively. Investors purchasing as second properties face identical TDSR restrictions but must also incorporate ABSD costs into total acquisition capital requirements, meaningfully reducing available financing leverage.

How does Parc Clematis compare to nearby competing developments in Clementi?

Parc Clematis competes within Clementi's established condominium segment against developments including those in nearby precincts such as Jalan Lempeng's immediate vicinity and adjacent residential zones. Direct comparables should be evaluated across unit configuration similarities, build quality, amenity offerings, and exact MRT walking distances. Developments built in recent years typically offer contemporary specifications and finishes compared to older stock, though pricing premiums may not always justify newer construction if renovation quality is adequate. Buyers should request comparative pricing analysis from qualified agents covering recent transactions in competing developments to contextualise Parc Clematis's positioning. Specific competitive advantages might include amenity differentiation, architectural design, developer reputation, or bulk discount availability—factors warranting careful assessment relative to alternative options.

Which unit stack or floor level at Parc Clematis typically offers optimal value?

Value optimisation in condominium developments typically reflects floor-level pricing premiums and stack-specific characteristics. Lower floors often command pricing discounts despite practical accessibility advantages, making them attractive for buyers prioritising cost efficiency over view premiums. Mid-level units generally balance affordability with reasonable natural light and security attributes. Upper floors command premium pricing for enhanced privacy, light penetration, and view qualities, appealing to buyers valuing amenity factors beyond functional space. Stack positioning may also influence noise exposure from adjacent common areas or mechanical systems—considerations prospective residents should assess during site visits. Investors should evaluate price-per-sqft variation across floor levels to identify stack segments where rental demand remains strong whilst pricing has not escalated beyond fundamental value justification.

What is the future supply pipeline in the Clementi district, and how might it affect Parc Clematis value?

Supply pipeline dynamics in Clementi's residential segment influence long-term pricing trajectory and capital appreciation potential. Whilst Clementi is an established residential zone where large-scale new development is limited by land scarcity and zoning constraints, newer residential projects completed or announced in adjacent precincts may create competitive pricing pressure. Buyers should research planning authority records and developer announcements covering the next three to five-year horizon to assess potential new supply impacts. Historically, established precincts like Clementi have absorbed new supply reasonably well due to consistent tenant and buyer demand from MRT connectivity and infrastructure maturity. However, significant new supply completions in closely competing locations could exert temporary pricing moderation. Long-term value at Parc Clematis likely benefits from Clementi's limited redevelopment potential and continued demand from transit-dependent demographics, though near-term market conditions warrant ongoing monitoring by prospective investors.

What lease tenure does Parc Clematis carry, and what are the long-term ownership implications?

Lease tenure at Parc Clematis should be confirmed directly with the developer or conveyancing specialists, as this fundamentally affects long-term ownership economics and resale marketability. Singapore residential properties operate under freehold, 999-year leasehold, or 99-year leasehold arrangements exclusively. Freehold and 999-year leasehold properties carry minimal lease decay risk across multi-generational ownership horizons, making them optimal for long-term capital preservation. 99-year leasehold properties experience progressive lease decay, with meaningful valuation impacts typically beginning when lease terms drop below 60 years, accelerating significantly below 30 years. Buyers planning extended ownership or seeking intergenerational wealth preservation should prioritise longer lease tenures. Those with shorter ownership horizons and active exit timelines may accommodate shorter leases if pricing adequately compensates for decay risk, though this requires accurate market forecasting and disciplined exit execution.

Parc Clematis — From S$1.7M