Clavon@Clementi

jc_zone

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thanks newbie and nizhizhu. first time ballot, 400 numbers passed thought no chance le, then q came out at 4xx. agent said first 30% of q, still good enough.

Congrats Rxgn! 3bedders will be in higher demand for HDB upgraders targetting to upgrade to Private residential especially for young families. :)
 

jc_zone

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If I’m to buy clementi an got bullets, I will also go for 3 bedder or bigger.
The demographics in clementi seems to target more towards family buyers and the kids studying in schools or IHLs there.

Exactly! the schools are the main pulling factors perhaps in Clementi. Next stop will be One North Eden. :s12:
 

jc_zone

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I agree with you. Clavon is in a mature estate of Clementi and it is doing so well. If we compare to the next launch of One North Eden (www.onenortheden-official.sg), which is launching in Jan 2021, I believe this may outshine Clavon, given the fact of its proximity to One North and Star Vista. Lets check it out.

ONE seems like its location is better than Clavon or Parc Clematis?
 

SBC

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With the good performance at Clavon, it is likely that 2020 total private sales volume will cross 10k units.

A great milestone!!
 

m@maboi

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yes, that was my consideration also. 3bedder above can either self stay or sell to family later.
also target 3BR compact to reduce quantum so easier for future buyers to stomach

i am also looking for 3BR at these location. recently saw stackedhome doing some reviews on this development. Clementi of course is a great location, given that they are famed to be near good schools, excellent for family. Even their HDB is already close to 1million.

Buona Vista is good only if you intend to rent out or have a matured family. No good schools there and amenities are lesser than Clementi/IMM.
 

1993newbie

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Caveat out, 441 out of 660 sold. 66.8%

Average psf: $16xxpsf
bHUuGwP.jpg
 

1993newbie

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Not entirely true that a 2b2b has more demand over 2b1b. It boils to entry price diff over an extra toilet. $150k over an extra toilet, will future buyer be willing to pay more than $150k for an extra toilet? Well, depend on needs too.

GEM residences, during launch a 2b1b vs 2b2b starts from $742 500 Vs $873k. $130 500 gap for extra toilet.
Quick check,till date 3 units of 2b1b has entered the resale market:
> Asking from $1m, 16 listings.
> transacted $840-950k

Today, 0 2b2b entered the resale market:
> Asking from $1.15m, 52 listings.
> 0 transacted
8kSdGnp.jpg
 
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1993newbie

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PARC RIVIERA,
2b1b launch from $725k
2b2b from $775k
$50k gap for extra toilet

Today:
> 3units of 2b1b transacted $875-923k
> 8units of 2b2b transacted $889-1.038m
$14k gap
 

1993newbie

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On another hand, project like KI residences priced its 2b1b and 2b2b similarly.
HV5YoUC.jpg
 
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Passerboy

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Why do people like clementi?

Clementi is a matured estate with plenty of amenities, schools and IHLs nearby perhaps? Think the sales of Clavon is a testament to the popularity of this locale; even though it’s not the nearest to city centre. There could also be spillover effect from Jurong and one north transformation into Clementi.
 
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