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The Clement Canopy (From S$9xxk)

Description

Project NameThe Clement Canopy
DeveloperUOL Group Limited & Singapore Land Limited
AddressClementi Avenue 1
District05
Site Area140, 338 sq ft
Tenure99-year Leasehold
No Of Units505
No Of Block2 Towers of 40 Storey
Unit Types2 Bedroom Compact : 635 sqft – 657 sqft
2 Bedroom Premium : 710 sqft – 732 sqft
3 Bedroom : 990 sqft – 1163 sqft
3 Bedroom + Guest : 1109 sqft – 1346 sqft
4 Bedroom : 1346 sqft – 1539 sqft
Expected TOP30th Nov 2020

OVERVIEW

The Clement Canopy is new residential development at Clementi Avenue 1 (D05), within an established mature estate – Clementi, by UOL and Singland Homes. The project will also be providing its residents with exclusive and high end communal facilities to make your stay there a rejuvenating, entertaining and unforgettable experience.

Indulging in a serene and tranquil lifestyle in the heart of Clementi will not be just another dream anymore. It takes about 12 minutes to drive from The Clement Canopy @ Clementi Avenue 1 to the Central Business District (CBD) and Orchard Shopping Belt. 

Spanning on the land size of 13,037.8 sqm, The Clement Canopy is anticipated to house 505 residential apartment units. The Clement Canopy will comprises of 2 Blocks of 40-Storey Apartments From 2-, 3-, 4-Bedroom Units.

Eco Living in the Sky

The Clement Canopy  is the latest joint venture by renowned developers, UOL and Singland. Located along Clementi Avenue 1 with a site area of approximately 140,000 square feet, The Clement Canopy will comprise of 505 elegant condominium units spreading across 2 forty-storey residential towers. This nature inspired development is meticulously planned in harmony with lush gardenscapes and water features. Environmentally friendly features are also incorporated to the development to reduce on any negative impact on our surrounding environment.

Near the town centre

The Clement Canopy is also within a short distance away from Clementi Town Centre. Being seamlessly connected to the Clementi shopping mall and Clementi MRT station, The Clementi Town Centre is a constant hive of activity, numerous array of dining, shopping and entertainment amenities are all available here.

Near the Second CBD of Singapore

The Clement Canopy is merely 1 MRT stop away from the Second Central Business District of Singapore, the Jurong Lake District. With the bustling hub conveniently located just less than 5 minutes ride away, residents will enjoy the great access to the mega shopping malls such as GEM, Westgate and IMM and upcoming High Speed Railway and Jurong Lakeside village.

Minutes to One North Business Park

Clement Canopy is also just a few stations away from One Northa business park whereby world-class medical science facilities and business offices can be found. Developments within One North include Fusionopolis, Biopolis and Rochester Park.

 Jurong Innovation District – An upcoming advanced manufacturing section

The up and coming Jurong Innovation District (JID) will be made up of research and smart technologies laboratories, offices etc. The existing Nanyang Technological University, CleanTech Park and the future Tengah will form part of the JID. With a new Next-Generation Industrial Park which is similar to One North Business Park just a short drive away, more job opportunities closer to home are available for residents as well.

Being strategically situated between the second CBD of Singapore, One North Business Park and the future Jurong Innovation District, Clement Canopy will make the perfect investment for residential property investors.

Surrounded by Good Schools

Surrounding The Clementi Canopy are popular schools such as Nan Hua Primary and High School, Clementi Primary School, Tanglin Secondary School, Singapore Polytechnic and National University of Singapore etc.

WHY INVEST IN THE CLEMENT CANOPY

  • Amenities – Clement Canopy Clementi Avenue 1 are near to a myriad of amenities which are just a short drive or a few bus stops away. Residents get to enjoy shopping convenience from Clementi mall, CityVibe, JEM, JCUBE or IMM, Big Box, Westgate, West Coast Plaza, Sunset Way and the nearby Sheng Siong 24 hours supermarket & food court, you will be spoilt with choices!
  • Connectivity – Clement Canopy location is exceptional. There are major expressways such as the Ayer-Rajah Expressway(AYE), Pan-Island Expressway(PIE), and West Coast highway to serve dwellers. For public transport commuters, you may take a bus from the new Clementi Avenue 1 condo to Clementi central that has a air-conditioned bus interchange and a MRT station. Alternatively, there are a number of buses that connects to town and CBD area at the bus stop within 2 minutes walk. In the near future, Clementi MRT station will also be linked to Tuas West Extension comprising of Gul Circle, Tuas Crescent, Tuas West Road and Tuas Link. In addition, there will be a future Jurong Region Line that connects Jurong Regional Hub with residential area of the west including Jurong West, Choa Chu Kang, Tengah, West Coast and Jurong Industrial Estate.
  • Attractively priced – Looking at the land price and factoring in current construction cost with other miscellaneous costs, market analyst foresee the Clement Canopy price during launch be between $1300-$1400 psf.
  • Educational institutions – such as National University of Singapore(NUS), Singapore Polytechnic, Ngee Ann Polytechnic, School of Science and Technology, INSEAD, Nan Hua primary and high school, Clementi Primary School, Pei Tong Primary School, Qifa Primary School, Clementi Town Secondary School, Clementi Woods Secondary School, NUS High School of Mathematics and Science, Tanglin Secondary School, International Community School, Yale-NUS College, ITE College West (Clementi Campus) are all within close proximity to Clement Canopy Condo.
  • Medical facilities – In cases of emergency or medical needs, residents of Clement Canopy Singapore have the convenience of an array of medical facilities which are all within a short driving distance from National University Hospital(NUH), upcoming Ng Teng Fong Hospital, Jurong community hospital.
  • Future developments – to the Jurong Lake District will see the biggest commercial, leisure and medical hub outside of Singapore City. This will in turn be advantageous to the capital gain potential of Clement Canopy.
  • Second CBD – Jurong Gateway is envisioned to be the second CBD with commercial hub, International Business Park, many malls and now with a plan of a High Speed Rail direct to Kuala Lumpur. Clement Canopy Clementi avenue 1 which is a mere 7 mins drive away from the bustling Jurong Lake District will definitely benefit from it.
  • High rental potential – from the busy International business park(IBP), One-North at Buona Vista, Science Park I and II, also the future Jurong Lake District, Clement Canopy condo will be one of the best choice available to tenants.
  • Comprehensive Faclities – There are plenty of exciting facilities to serve the families in Clement Canopy. They are well spread into 3 different stories to create an environment that is less cluttered as compared to our metropolitan city:

CONSTRUCTION PROGRESS

VIDEO OF THE CLEMENT CANOPY

LOCATION MAP

New and forthcoming condominium, The Clement Canopy in Clementi Avenue 1 is near to Dover Road and Commonwealth Avenue West. It is opposite of the International Community School. It’s close by to Nan Hua High School that is separated by Clementi Avenue 1. New Condo is beside NUS High School Of Science And Mathematics. The site of New Condominium is a member of a former Housing Development Board (HDB) estate.

The Clement Canopy in Clementi Avenue 1 is approximately 900 m away from Clementi Town Centre when the Clementi Bus Interchange and the Clementi MRT Station. The East West Line which has one of the broadest coverage to various parts of the island is operated by the Clementi MRT Station. Future residents may also locate conduit of conveniences when it comes to commuting to various parts of isle with the many bus services accessible at the Clementi Bus Interchange.

It takes about 12 minutes to drive from The Clement Canopy @ Clementi Avenue 1 to the Central Business District (CBD) and Orchard Shopping Belt. New Condominium is also highly accessible to various parts of the island with the nearby Ayer Rajah Expressway (AYE). This expressway can easily link various expressways like the Central Expressway (CTE) and also the Pan Island Expressway (PIE).

In terms of day-to-day conveniences from dining, shopping, amusement demands to getting basic necessities, future residents of The Clement Canopy in Clementi Avenue 1 can take a short walk down to the West Coast Plaza and there are more options available at Clementi Town Center where the Clementi Mall and Cityvibes shopping malls can be found.

Future residents may also get fresh market produce and also economical and yummy local food at the Clementi Avenue 3 Block 448 Market and Food Centre. Other food centres that are only short drives away from New Condominium comprise Clementi West Street 2 Block 726 Marketplace And Food Centre, Clementi Avenue 2 Block 353 Market and Food Centre, West Coast Drive Block 503 Food Centre, West Coast Drive Block 502 Marketplace and Dover Road Block 33 Marketplace And Food Centre.

Schools nearby The Clement Canopy includes

  • Nan Hua High School

  • NUS High School Of Science And Mathematics

  • Clementi Town Secondary School

  • Tanglin Secondary School

  • Anglo-Chinese School (Independent)

ENQUIRE ABOUT THE CLEMENT CANOPY

AND BE LIKE A INVESTMENT GURU

THE CLEMENT CANOPY UNIQUE FEATURES

  • Fully functional layout without bay windows and planters
  • Pent up demand as there is an absence of new launches in Clementi Neighbourhood
  • Well connected by major expressway AYE and west coast highway
  • Close proximity to NUS, Science Park II, Clementi Sports Hall and Jurong Lake District
  • Huge tenants pool from Science Park, NUS, NUH, Japanese Schools, Alexandra Business Centre, PSA, Jurong Gateway, NOL, One North Business District & Water Front City
  • Close to educational institutions (UWCSEA, Japanese School, ACS(Independent), Singapore Polytechnic, NUS) (Pre-school to University)
  • Surrounded by shopping belts (Clementi mall, West Coast Plaza, CityVibe, JEM, JCUBE, IMM, Big Box, Westgate, Sunset, , ARC, Vivo City) all within 10 minutes drive
  • 10 mins drive to CBD, Orchard, RWS & MBS
  • Surrounded by healthcare facilities at Clementi Polyclinic, National University Hospital (NUH), Ng Teng Fong General Hospital, Jurong Community Hospital and Specialist Outpatient Clinic.
  • Close to Parks which promote healthy lifesttyle: Clementi Woods, West Coast, Kent Ridge, Telok Blangah.

UNIT MIX

SITE MAP

FLOOR PLANS

DEVELOPER

SINGLAND DEVELOPMENT PTE. LTD

As one of Singapore’s largest property players, Singapore Land (SingLand) is synonymous with premier property developments in both prime and suburban locations.

On the residential front, SingLand’s focus is on the development of projects in Singapore’s most prestigious locations. These projects include The Paterson, a 22-storey luxurious condominium and Stevens Loft, a 5-storey apartment block. Both projects are located in tranquil surroundings, yet near Singapore’s premier shopping and entertainment area, Orchard Road. SingLand has expanded its interests in the residential sector, with additional projects including One Amber in the popular East Coast/Katong area, The Sixth Avenue Residences in the exclusive and sought after Bukit Timah area as well as The Trizon in the up-market Mount Sinai area. Three prime residential projects were acquired, namely, Mon Jervois, Farrer Drive Project, Bright Hill Drive Project and Alexandra View Project.

SingLand will continue to focus on expanding its core property development and management business. The Group remains committed to the enhancement of its investment portfolio through active management and development of new prime Singapore offices and residential projects. This includes upgrading and renewal of existing buildings, and the acquisition of new development sites.

UOL GROUP CORPORATE PROFILE

UOL Group – One of Singapore’s established property companies, with an impressive portfolio of investment and development properties, UOL is embarking on an exciting phase of expansion. The company was established with the firm commitment to quality standards and architectural excellence all through its diversified portfolio of offices, hotels, retail malls, restaurants, and residential communities. Garnering prestigious awards, including the International Property Awards for Asia Pacific, the Aga Khan Award for Architecture, the FIABCI Prix Excellence Award, and the President’s Design Award of Singapore, UOL is truly a dedicated leader in word-class property development.

GALLERY

PAYMENT SCHEDULE

Booking the property & Signing of Sale and Purchase Agreement (5% Booking Fee, Cash outlay)

Upon booking, you will have to pay a 5% booking fee (Cash/ Cheque) and you will be granted the Option to Purchase (OTP).

We “Developer” will then mail the Sale and Purchase (S&P) Agreement to your banker’s solicator or to you.

                                                                                    1 – 2   weeks

Upon receipt, please check the date of the S&P as you will be given 3 weeks from this date to exercise the S&P.

                                                                                           3 weeks

Within 8 weeks from the day the option money is paid, you will have to pay the remaining 15%.

(Some lawyers may require you to pay this amount upon signing of the S&P Agreement).

You can use your CPF to pay for this and any remaining shortfall will be paid for by Cash.

You may want to take good note of this schedule especially if your CPF does not have enough to cover this outstanding and to prepare the necessary Cash needed to pay the shortfall.

Sales Completion Date (15%, Cash/CPF outlay)

Also do remember that this amount will depend on your LTV (Loan To Value), e.g. if your LTV is 70% then the balance amount to be paid is 25%, 15% to be paid on exercising day, balance 10% will be by progressive stages

(Example foundation work completed).

Stamp Duty (3% less $5,400, Cash/CPF outlay) | Additional Stamp Duty (% of the Purchase Price)

Within 14 days of signing the S&P agreement (or within 30 days if the agreement is signed overseas),

you will have to pay the Stamp Duty/ Additional Stamp Duty (Cash/CPF outlay) to IRAS (Inland Revenue Authority of Singapore).

Progress Payments using Housing Loan

From this point onwards, you can start using funds from your housing loan, which can be up to 80% of the purchase price.

The tenure of the loan can be up to 30 years, depending on your age. You will have to make payments as follows:

  •     10% upon completion of foundation work (Estimated 6-9 months later from work commencement)

  •     10% upon completion of reinforced concrete framework of unit (Estimated 6-9 months later)

  •     5% upon completion of brick walls of unit (Estimated 3-6 months later)

  •     5% upon completion of roofing and ceiling of unit (Estimated 3-6 months later)

  •     5% upon completion of electrical wiring (without fittings), internal plastering, plumbing and installation of doors and window frames of unit (Estimated 3-6 months later)

  •     5% upon completion of completion of car park, roads and drains serving the housing project (To be advised)

  •     25% upon receiving Notice of Vacant Possession and Temporary Occuption Permit (TOP), and

  •     the last 15% upon Completion Date, when you receive your CSC (To be advised).

Use the Progressive Payment Calculator to have a better understanding

PRICING

TypePrices
2 BedroomFrom $933k onwards
3 BedroomFrom $1.261 mil onwards
4 BedroomFrom $1.597 mil onwards

Address

  • City: Singapore
  • State/county: Singapore
  • Country: Singapore

Contact info

New Launch For Sale
New Launch For Sale
6100 6150

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