Clavon – new launch in Clementi Ave 1 is beside Clementi Town and Clementi MRT Station, located in Clementi Ave 1 which is also near to NUS, NUH, One-North will be a 99-year leasehold development with an estimated area of 178,065 sqft. Proudly developed by the well-known developer; UOL.
There will be a plan involving a development with a 40-storey project that comprises of 640 units to capitalise on the extensive views at a prestigious address; located along Clementi Avenue 1, Clement Grand will exert a confident presence in the whole of Clementi.
This site would attract not just homebuyers and upgraders but also investors, given the catchment of potential tenants from nearby establishments such as One-North, Science Park and National University Hospital.
UOL Venture Investments and UIC Homes
|Address||Clementi Ave 1|
|Site Area (Est)||178,065 Sqft|
|Total units / Number of tower / Max Floor||740 units on 2 towers with 37 storey and 1 childcare|
|Bedroom type||1 plus study to 5 bedroom|
|Estimate completion (On paper)||To be advise|
Clavon is potentially a great value buys as well, and people working in the area might be drawn to this instead. Based on the location, the main appeal will also be to investors. Rentability will be high, given a large number of tech start-ups such as One North, Science Park, and Ayer Rajah Crescent (many of which employ foreigners) in the location. Landlords can also find student renters, who prefer to live off-campus or can’t get a dorm room for some reason.
On the left of Clavon will be Jurong Lake District, Jurong Business Park etc.
On the right of Clavon will be One-North, Science Park, NUH, NUS etc.
The development is just opposite Nan Hua High School and built on a Government Land Sales site close to the 100% Sell-out development, The Clement Canopy by UOL. It is situated within close proximity to a strong educational cluster anchored by NUS, NUS High School, Yale- NUS College and Nan Hua High.
From Clavon to the expressways like AYE and PIE are nearby linking up the extensive transportation network, which will bring so much convenient to residences at Clavon – new launch in Clementi Ave 1.
Clavon Floor Plan & Site Plan
It is estimated to have 640 units of bigger sized and is elevated giving you great views of the city.
Contact Us For Floor Plan
|1 Plus Study||527sqft|
|2 Bedroom||678sqft to 764sqft|
|3 Bedroom||958sqft to 1130sqft|
|4 Bedroom||1281sqft to 1582sqft|
Clavon Land Price
UOL Venture Investments and UIC Homes, submitted the top bid of $491.3 million for the 178,064 sq ft plot at Clementi Avenue 1; also known as Clement Grand. It translates to about $788 psf per plot ratio (ppr) on the maximum allowable gross floor area (GFA) of 623,229.8 sq ft. This means the potential average selling price of the new development could be about $1,400 psf.
Read more on award of tender for Clementi Ave 1 by URA
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