Parc Clematis Former Park West Condo Clementi MRT Station

The Parc Clematis Former Park West Condo is one of the largest new condo projects which is launched recently and is centrally located in the Clementi area of Singapore. In addition to being close to the Greater Southern Waterfront, it is also close to the Jalan Lempeng parks and reserves. The property is being developed by Sing Haiyi Gold which is a joint venture of Singhaiyi land belonging to SingHaiYi Properties and the Haiyi land. The plot is leased for 99 years for $840.89 million. The SingHaiyi group is one of the most reputed property developers in Singapore and has developed a number of projects, in addition to acquiring land.

Parc Clematis Former Park West Condo Singapore

Earlier the Park West condo was located in the plot where the Parc Clematis residential condo is planned. The condo is being developed in District 5 of Singapore. The plot has an area of 633,644 square feet and after construction the gross floor area is expected to be approximately 1,330,652 square feet. While the number of storeys and blocks has not yet been finalized, real estate experts believe that approximately 1500 residential units will be constructed . It is close to the Jurong lake district, and the government of Singapore plans to expand the central business district of Singapore into Jurong.

Parc Clematis Clementi MRT Station

The Clementi MRT Station on the East West line is close to the condo, making it easy for people residing in the area to travel to the rest of the city. The Commonwealth Avenue West, Ayer Rajah expressway and Clementi Avenue 6 are some of the main roads in the area, which vehicle owners can use to reach the rest of the city. It is also close to the Clementi Bus interchange , and buses are available to reach other places like the airport, Jurong, Tampines, Bukit Timah.It is also located close to colleges like the Singapore National University, Singapore polytechnic and Japanese school.

Parc Clematis Clementi Mall Singapore

Living in Parc Clematis will be very convenient because there are a large number of shopping malls in the area, like the Clementi Mall, 321 Clementi and West Coast Mall. These malls have a large number of shops selling groceries, electronics , clothes and fashion accessories. They also have a number of restaurants serving different kinds of foods. The people living the condo are likely to be affluent, and there are a large number of clubs in the vicinity like Rotary Club of Singapore, SAF club, and Ayer Rajah Community Club where residents can relax and meet other people with a similar background. All other projects in the area have been sold old, making this a good investment for real estate investors.

Phoenix Heights Enbloc Residential Condo

The 49-year old Phoenix Heights property has finally been sold to a company known as USB Holdings at a staggering price of $33.1 million. The buyer, who is a subsidiary of OKP Holdings, a Singapore-listed infrastructure and civil engineering company, will now add another 32-condominum unit property to its net assets. It goes without saying that the property, which is located in Phoenix Avenue, Bukit Panang is a 99-year leasehold asset that is, however, intended for residential use only.

Phoenix Heights Enbloc by OKP Holdings

Completed in 1969, the Phoenix Heights has exhausted almost half of its leasehold with about 50 years remaining to fully exhaust the leasehold. However, that should be a major issue as the buyer intends to renew the leasehold afresh in order to enjoy the entire lease years before expiry. Nonetheless, it looks forward to redeveloping the property once the relevant authorities issue an approval.

According to the company that conducted the selling process on behalf of the developer, the S$33.1 million price tag was arrived at after taking the prevailing market conditions as well as market prices of properties in the surrounding area into consideration.

Phoenix Heights Enbloc Acquisition

When it comes to size, the property covers a total area of 42750 sq feet with a maximum height of 5 storeys with 5,560.66 sq meters as the maximum allowable gross floor area. It is important to note that, even though the company has not settled the full price yet, it has already made a tender deposit of S$180,000 and pledged to pay 10 per cent of the purchase price within 14 days.

Phoenix Heights plans to raise the purchase price through bank borrowings and exploiting its internal resources. Though the acquisition is going to subtract a significant portion from the company’s revenues, it is however not expected to have a substantial impact on the net tangible assets per share or earnings per share for the year ending on Dec 31.

OKP Holdings USB Holdings

Funding should not be such a major challenge, after all, the buyer is associated with several major companies both worth millions of dollars in terms of revenues. For instance, besides OKP Holdings, USB Holdings is also owned by several other companies, which include B&D Investment and Property, Ho Lee Group, and HSB Holdings with each having a 25 per cent stake in the subsidiary.

Piermont Grand CDL Development Strategic Location Near to Tampines Expressway

Piermont Grand is one of the development by CDL making it lucrative and lovable. This development joins the many developments that have been experienced in Singapore in the past. Piermont Grand offers the rare opportunity that has never been presented before and will allow residents to own EC unit from a reputable developer and enjoy unique life around Punggol.

Piermont Grand CDL Development Strategic Location

It has in place what any modern facilities near to Piermont Grand CDL EC Location will consider within its vicinity with the location being very strategic for any other future development. With the proposal to develop a digital district in Singapore, Piermont Grand is likely to be part of the new development. This is because they share almost the same location slated from the project. The development comes as a game changer in the sector with very high potential in terms of returns and the right investment.

Piermont Grand Home Buyers and Residents Serene Environment

The location of Piermont Grand makes it ideal for the buyers and the residents who have already seen value in it. CDL which is the developing company has some of the best records in Singapore and other parts of the world when it comes to development. A time out with your family will remain memorable following the world-class facilities developed and waiting for you at Piermont Grand.
You don’t have to worry about anything when planning to visit Piermont Grand since it has all that you need and the surrounding is perfectly set for you. Your children and loved ones will enjoy themselves with the facilities since there is high control and security is best at the site. Comparing the experience when you visit Piermont Grand is very difficult since all the facilities are unique. Unlike most of the modern sites being built, Piermont Grand has put in place enough space and serene environment.

Piermont Grand Located near to Tampines Expressway Sumang Walk EC

You can enjoy the freedom to shop while still enjoying the nice sun on the sun deck after swimming. When you are travelling to the site, there are many means of transport that can be used to access the site in a very easy way. Reaching Piermont Grand has been made possible through roads and stations which are very convenient. You can easily trace the location of the site very easily since it is right next to the TPE which is already known to most people.

The parents who are targeting the development with the whole family will offer the best opportunity for their children in terms of education. From all the facilities that are available, children have a better opportunity to enjoy them. There are schools located within Piermont Grand that are easy to access and offers some of the best education systems.
The latest development by CDL has attracted most of the potential buyers following the good development track it has had. Different parts of the world enjoy great work that has been done by CDL with their portfolio cutting across different sectors. The company also has great experience after being in business for more than fifty-five years dealing directly with different in modern development.