Clavon Prices

Consolidation of Land Cost and Competitive Market Analysis

Clavon Pricing Outlook

UOL Group Limited submitted the top bid for Clementi Ave 1 in the GLS site in July 2019 with a winning bid of $491.3 million beating 4 other competitors. With a land size of 16,542.1 sqm and a plot ratio of 3.5, the gross floor area works out to be 57,900 sqm which translates to about $788 per square foot per plot ratio (psf ppr).

With construction cost, land financing cost, professional/legal/taxes cost, etc. added to the land cost, the estimated breakeven price for the developer is about $1,334 per sq ft per plot ratio.  With an initial 15% to 25% profit margin, buyers can expect the units at Clavon to be priced at around $1,534 to $1,668 per sq ft.

As a reference guide, we have included the expected starting price for you.

Clavon-Land-Price

NO. OF BEDROOMUNIT TYPEUNIT SIZENO. OF UNITS
1 Bedroom + StudyA1527 sqft72
2 Bedroom CompactB1678 sqft70
2 Bedroom PremiumBP1, BP2, BP3764 sqft214
3 Bedroom CompactC1958 sqft70
3 Bedroom PremiumCP1, CP21,130 sqft71
4 BedroomD11,281 sqft36
4 Bedroom + StudyD21,356 sqft35
4 Bedroom PremiumDP11,582 sqft36
5 Bedroom PremiumE11,690 sqft36

Competitive Market Analysis (New Launch)

(Apr 2019 - Apr 2020)

PROJECT NAMETENUREDISTRICTAVERAGE SELLING PRICE
Parc Riviera9905$1,383
Whistler Grand99 yrs05$1,416
Twin VEW99 yrs05$1,493
Parc Clematis9905$1,611
Daintree Residences99 yrs21$1,650
View at Kismis99 yrs21$1,699
Mayfair Gardens99 yrs21$1,949
Mayfair Modern99 yrs21$2,007

Clavon-CMA(New-Launch)

Competitive Market Analysis (Rental)

Private Residential within 1.2 km to Clementi MRT Rental Average Per Square Foot Per Month

(Apr 2019 to Apr 2020)

PROJECT NAMEBUILTDISTRICTAVERAGE PSF PER MONTH
Newest201605$4.70
Regent Park199705$3.30
The Trilinq201705$3.10
Hundred Trees201305$3.10
The Clement Canopy201905$2.90
The Parc Condominium201005$2.70
Freesia Woods200321$2.10

Clavon-cma-rental

Register your Interest Now!

Kindly submit your interest with us by filling up the following form with your contact details.  We will assign you with a Sales Representative and we will get back to you within the next working day.

We will be glad to provide you with the eBrochure, floor plans, unit schematics, or other project details once that information is made available to us.