Clementiwoods Condo Review – Potential Upside Banking on Greater Southern Waterfront Transformation?

Caline Leong

July 25, 2024

Table of content

Clementiwoods Condo Review – Potential Upside Banking on Greater Southern Waterfront Transformation?

Located right next to Clementi Woods Park and just approximately a 5-minute walk away from West Coast Park, Clementiwoods Condominium offers homeowners a rather exclusive and serene living environment away from the hustle and bustle of the city, yet well-connected to a wide array of amenities.

If you are interested to find out more about Clementiwoods Condo, read on as we delve deeper into the project details, location, site, price, and MOAT analysis.

*This article was written in July 2024 and does not reflect data and market conditions beyond.

Project Details

Clementiwoods Condo Review – Potential Upside Banking on Greater Southern Waterfront Transformation?

project details

Location Analysis

Clementiwoods Condo Review – Potential Upside Banking on Greater Southern Waterfront Transformation?

Located adjacent to the serene Clementi Woods Park and within a 5-minute walk from West Coast Park, Clementiwoods Condominium offers residents an exclusive retreat from the city’s hustle and bustle. Nestled away from the busy urban centre and main MRT interchange, yet well-connected to essential amenities, this enclave is ideal for families and pet owners seeking a tranquil living environment enriched by nearby natural landscapes.

The abundance of nearby parks not only provides ample opportunities for leisurely strolls and cycling but also fosters a deeper connection with nature, making it a perfect setting for families with young children and pets.

Despite being away from the main Clementi town centre, a short 10-15-minute walk or a 2-5-minute bus ride (2 stops) will take residents to West Coast Plaza for a wide array of amenities, as well as a full-fledged wet market with lots of hawker food options at Blk 726 Food Centre. 

The nearest MRT stations are accessible via bus services, with a bus stop located right outside the estate. An 11-minute bus ride would bring you towards Clementi MRT station on the East-West Line (EWL), which would feature the upcoming Cross Island Line (CRL), enhancing future connectivity. Right at Clementi MRT you would also gain access to a whole lot of retail and F&B options with 3 shopping malls: The Clementi Mall, 321 Clementi, and Grantrall Mall. A vast array of HDB shophouses including Blk 448 Food Centre are also in the same vicinity. If you are up for some retail therapy, and would like to avoid the crowd in town, you can also hop on the MRT and take one stop down to Jurong East MRT Interchange which features mega shopping centres such as Westgate, JEM, and IMM. There is definitely no lack of amenities in the proximity.

For families with young children planning for primary one registration exercise, one key point to note would be that Clementiwoods Condo presently does not fall within a 1km radius of any primary schools. Nonetheless, Clementiwoods Condo is in proximity to multiple esteemed tertiary educational institutes and international schools, namely NUS, Waseda Shibuya Senior High School, Singapore Institute of Technology -Dover, United World College of South East Asia, Yale-NUS College, Singapore Polytechnic, Anglo Chinese Junior College, Anglo Chinese School (Independent) and more. 

The area’s popularity among both homeowners and tenants is further bolstered by its proximity to employment hubs such as One North region and the CBD, accessible within a short 10-16-minute drive. This strategic location attracts a diverse tenant pool, including working professionals drawn to the area’s high-value job opportunities. Thus, despite its further proximity from the MRT interchange, the area is still popular amongst locals and foreigners alike, as well as homeowners and tenants alike.

Site Plan & Facilities 

Clementiwoods Condo Review – Potential Upside Banking on Greater Southern Waterfront Transformation?

Clementiwoods Condominium features a mid-size density of 240 units, spread across 6 blocks rising to 5 storeys each. With a lower plot ratio of 1.4, the development maximises space efficiency while maintaining a human-scale ambience, hence preventing the development from feeling overcrowded. This thoughtful planning allows for increased natural ventilation and abundant natural light, enhancing the living experience for residents. 

Emphasising a harmonious blend of architecture and nature, the landscape design incorporates lush greenery and multiple aquatic ponds throughout the development. These features complement the full suite of condominium facilities, including a 50-metre lap pool, recreational pool, tennis court, BBQ pits, and function rooms. The integration of these amenities reinforces the concept of living amidst nature, offering residents a serene and relaxing environment.

Something noteworthy is the strategic placement of the tennis court on the basement level, a thoughtful touch that minimises potential noise disturbances for residents while still providing recreational opportunities.

Architectural orientation also plays a pivotal role, with all units designed primarily in an almost true north-south alignment. This design minimises direct exposure to the western sun, ensuring comfortable living conditions throughout the day. Residents benefit from expansive views of Clementiwoods Park and the development’s lush surroundings, further enhancing the appeal of Clementiwoods Condominium as a desirable residential choice.

In essence, Clementiwoods Condominium exemplifies meticulous design principles aimed at enhancing resident comfort, integrating natural elements, and fostering a sense of community amidst a tranquil and verdant setting.

Unit Distribution

Clementiwoods Condo Review – Potential Upside Banking on Greater Southern Waterfront Transformation?
Clementiwoods Condo Review – Potential Upside Banking on Greater Southern Waterfront Transformation?

Clementiwoods offers a total of 240 units spread across 6 blocks of 5 storeys high with a mix of 1-bedroom to 5-bedroom types, spanning across 50 stacks. The majority of the unit types belong to the 2, 3 and 4 bedders, which are catered towards family profiles. What is interesting would be the high number of 4-bedroom units, which is extremely uncommon, proving itself as a project focused towards larger families who value space. It is also good to note that the layouts here generally are much bigger in size than typical new-age developments, making it a strong contender for families upgrading specifically for space. 

An exceptional feature of the development is the allocation of the top floor, level 5, in all blocks except Block 78, exclusively for penthouses or loft-style layouts. This design choice caters to homeowners aspiring for a luxurious penthouse lifestyle or the unique experience of a duplex model. Such spacious and exclusive layouts are increasingly rare in newer developments, further distinguishing Clementiwoods Condominium as an attractive option for discerning buyers looking to enjoy unparalleled living spaces.

In summary, Clementiwoods Condominium offers a wide selection of family-oriented unit types with generous living spaces, coupled with the allure of penthouse and loft-style living opportunities. This makes it a compelling choice for families seeking both comfort and luxury in the vibrant Clementi neighbourhood of Singapore.

Growth Potential

Existing residential developments typically benefit from upcoming projects and major transformations in the area. As new residential and commercial developments improve local amenities and conveniences, home demand is expected to rise, boosting property values. Clementiwoods is strategically located to capitalise on these major developments. In this section, we explore the upcoming projects and transformations in the area that could increase the demand and value of Clementiwoods.

Renowned for its tranquil ambience, Clementiwoods Condominium offers residents an exciting glimpse into the future with upcoming developments in the surrounding area. Nature enthusiasts will be delighted by the plans for a continuous waterfront promenade that will seamlessly link various points of interest along the expansive Greater Southern Waterfront. Stretching from Pasir Panjang to Marina East, this ambitious project aims to transform Singapore’s southern coastline into a vibrant hub for urban living and leisure.

Over the next 5 to 10 years, developments will commence in phases, beginning with the revitalisation of the former Pasir Panjang Power District, Keppel Club, and Mount Faber. Central to these plans is the creation of the Pasir Panjang Linear Park, connecting West Coast Park to the Labrador Nature Reserve. This scenic route will offer park-goers an intimate view of Pasir Panjang’s operational container port and Power District, enhancing the area’s appeal as a recreational destination.

Future connections will further expand, linking waterfront attractions with nearby hilltops, promising visitors a distinctive recreational experience. These initiatives underscore Clementiwoods Condominium’s position at the heart of a dynamic and evolving neighbourhood, poised to benefit from enhanced connectivity and enriched lifestyle offerings along the Greater Southern Waterfront.

Residents and investors alike can anticipate a harmonious blend of natural beauty, urban rejuvenation, and unparalleled recreational opportunities, making Clementiwoods Condominium a compelling choice in Singapore’s evolving real estate landscape.

Clementiwoods Condo Review – Potential Upside Banking on Greater Southern Waterfront Transformation?

There have also been talks of possibly linking 13 parks together in future, with one of the main parks being Clementiwoods Park which is right beside Clementiwoods Condo. This would definitely be a huge upside for cyclists and fitness outdoor enthusiasts. 

Price Analysis

Clementiwoods Condo Review – Potential Upside Banking on Greater Southern Waterfront Transformation?
Clementiwoods Condo Review – Potential Upside Banking on Greater Southern Waterfront Transformation?

If you are after a low-mid size project, and you want to be in close proximity to West Coast Park, there are just a handful of projects to consider, as most of the residential projects along the West Coast stretch are boutique projects. The above table shows the main different projects available and their past transactions in the latest 6 months period. Clementiwoods Condo would be considered a relatively young-mid-age project amongst its surrounding competitors, yet what is noticeable would be its relatively attractive entry PSF price, at $1,4XX PSF on average, versus Varsity Park Condo which would be slightly older, transacting at $1,5XX PSF on average, while younger projects such as The Vision would be transacting at $1,5XX PSF and Seahill at $1,6XX PSF, providing home buyers to obtain a lower PSF entry yet relatively young age project still should they opt for Clementiwoods Condo . Generally, the performance of the projects in this vicinity enjoys a rather stable and gradual growth, largely due to its niche buyer pool of audience – homeowners who prefer quiet and serene living environments over immediate conveniences and do not need a home address for primary one registration exercise.

Clementiwoods Condo Review – Potential Upside Banking on Greater Southern Waterfront Transformation?

In the broader context of District 5, taking a look at the entire District 5 price performance, the latest average PSF is already hovering at $1,7XX – $1,8XX PSF, furthermore with new launches in the same district area such as Blossoms By The Park and The Hill @ One North, transacting at an average of $2,5XX – $2,6XX PSF, it presents the resale market with a growth opportunity. Hene Clementiwoods Condo and its surrounding resale counterparts currently at an average latest of $1,4XX PSF should continue to see potential upsides with a relatively strong disparity effect in place. 

Furthermore, compared to the newly TOP projects nearer towards Clementi MRT station itself, immediately there would be a natural premium attached, the latest transactions for such projects are at $1,9XX – $2,1XX PSF on average. And of course naturally, with newer developments, the home layouts would be on a compact end versus resale counterparts.

Hence for families who do not need the immediate MRT proximity, and prioritise excellent large format home sizes and layouts, Clementiwoods Condo would be an ideal choice, especially more so if you are someone who enjoys coming home to a township that is away from the main hustle and bustle, offering a perfect balance of nature living and accessibility.

MOAT Analysis

The MOAT Analysis is a proprietary tool by PLB that presents a meticulous technique for estimating a property’s value, considering a wide array of influential factors. This strategy involves a comparative study of the property against others, grounded on ten key dimensions, to deliver an unbiased assessment of its attractiveness to the broader market in Singapore. To grasp a deeper understanding of our tool’s functionality, kindly refer to this article, which elucidates the MOAT Analysis in detail.

Clementiwoods Condo Review – Potential Upside Banking on Greater Southern Waterfront Transformation?

The final MOAT score of Clementiwoods Condo stands at 54%, an average performance. 

Let us explore the strengths of Clementiwoods Condo by zooming into the specific areas that it has performed well in. 

According to the MOAT Analysis, Clementiwoods Condo got the highest scores for District Disparity Effect (4/5), Bala’s Curve effect (4/5), and Land Size Density Effect (4/5)

A high District Disparity effect could be largely attributed to its 99-year leasehold status amidst a landscape of freehold developments in the vast District 5. This positioning allows buyers seeking a residence in this southern part of District 5 to enjoy a more palatable entry price compared to freehold options, due to the premium in freehold status. Its location away from the main MRT interchanges and young-mid-age projects also allows homeowners to enjoy lower entry prices, versus the sea of newly TOP projects and new launches, presenting a good district disparity effect as analysed in our pricing analysis. 

Naturally, as a young-mid-age project, its young-age and long runway ahead for its balance lease allows the project to enjoy a high rating on its bala curve effect.

It scored low on MRT Proximity (1/5), and Parents Attraction Effect (1/5). As the location of Clementiwoods Condo is a distance away from nearby MRT stations, it has thus scored low on MRT proximity, presently there are also no primary schools within the 1km radius, thus families planning for the primary one registrations based on phase 2C would not find the project location ideal. 

Nonetheless, despite its distance away from the MRT stations, Clementiwoods caters towards families who enjoy nature living with Clementiwoods Park just right beside it, and the West Coast Park just a short walk away, a true tranquil living environment, unlike your typical private condos. 

Floor Plan Analysis

In this segment, we will highlight our top choice from each unit type available at Clementiwoods Condo. Our aim is to furnish you with useful knowledge that will assist you in choosing the perfect unit tailored to your tastes.

1-Bedroom

Clementiwoods Condo Review – Potential Upside Banking on Greater Southern Waterfront Transformation?

There are 3 main layouts available for the 1 bedder, (560 – 646 sqft). We have opted for the 560 sqft layout,  type A1 as the smaller overall layout would present homeowners with a chance to enter on a lower quantum entry, while still enjoying a good size 1 bedder for their own stay or investment.  It features a relatively efficient and commonly accepted design with minimal wasted space. Entering the unit, you will be greeted with your open kitchenette that can easily be enclosed, followed by a spacious longish dining and living space that opens up to a mini planter, a good size enclosed master bedroom with an ensuite bathroom. Great layout for singles, couples, or investment play.

2-Bedroom

Clementiwoods Condo Review – Potential Upside Banking on Greater Southern Waterfront Transformation?

For those considering Clementiwoods Condo as their primary residence, the Type BS1, a 2-bedroom plus study unit, presents as the preferred option over the 2-bedroom unit, as the study is large enough to accommodate a single bed, excellent for families who do not wish enter a 3 bedder pricing, yet would like an option for a study space or additional bedroom or just a storage space. The type BS1, enjoys an efficient layout sized at 1,076 sqft. What is also unique about this layout is that it features an enclosed kitchen concept that can also be opened up, with an additional yard space, which is uncommon in today’s new age projects for a 2 bedder or 2 plus study. Both the master bedroom and common bedrooms are rather sizable, able to comfortably fit a king-sized bed in each coupled with a wardrobe space. 

Conversely, for investors seeking to optimise their overall price quantum, the 2-bedroom Type B1 unit may be a more prudent choice due to its slightly smaller size. 

3-Bedroom

Clementiwoods Condo Review – Potential Upside Banking on Greater Southern Waterfront Transformation?

Our preferred layout for the 3 bedder out of the various layouts (Single level, and/or loft) would be the type C2, standing at 1,399 sqft, which is suited for families with children who prioritise an efficient home size with an addition of a WC and a home shelter which can double up as storage or possibly a helpers room, apart from an existing yard space. The layout also features a key difference of a larger enclosed kitchen yet with a dry kitchen provision, which is perfect for those who cook often or enjoy hosting.  What stands out the most would be its super size master bedroom complete with a dedicated large master bathroom ensuite, giving homeowners more room space, and possibly accommodating younger children to bunk in together if necessary. It also enjoys a landscape living and dining, allowing for longer balcony space which can allow more natural ventilation and sunlight into the home. 

4-Bedroom

Clementiwoods Condo Review – Potential Upside Banking on Greater Southern Waterfront Transformation?

We have opted for the 4 bedroom plus study loft type DGL2, standing at 2,702 sqft, largely due to its rarity and exclusivity in a duplex layout, which is highly uncommon. The first level can already offer 3 bedrooms with an additional study room which can double up as a compact bedroom, meaning you can obtain a total of 5 bedrooms in this layout. There is also a junior master ensuite on level one, adding convenience and privacy among family members. The large open balcony is adjoined through the living, dining and 2 common bedrooms, hence giving family members more outdoor space with easy balcony access. One of the key advantages of a duplex layout would be the high level of privacy for the master bedroom, located fully on the 2nd floor, with  generous room size and a dedicated walk-in wardrobe space, plus a master bathroom that has its own outdoor Jacuzzi plus a large roof terrace, perfect for parents and couples to rewind after a long days work at their own private time. 

5-Bedroom

Clementiwoods Condo Review – Potential Upside Banking on Greater Southern Waterfront Transformation?

The 5 bedders are amongst the most exclusive and luxurious offerings in the development, with only 8 units available. Each unit is meticulously designed with a premium extremely generously sized single floor plate, offering residents a truly indulgent living experience.

This layout is perfect for families who also enjoy a balance of both indoor and outdoor spaces with numerous large roof terraces available, providing flexibility in hosting large groups of parties indoors and outdoors. Furthermore, with all the bedrooms being tucked on each side of the home, family members can still enjoy their own quiet time should there be guests over. 

What is well thought of in this 5-bedder layout would be that one ensuite bedroom is strategically placed on the left side of the home, ideal for increasing privacy among multi-generational families. This layout ensures that only the two common bedrooms need to share a bathroom, minimising any potential conflicts over bathroom usage and allowing large families to enjoy undisturbed personal time and space.

The master bedroom and bathroom is particularly lavish, boasting a generous size and featuring both a dedicated standing shower and outdoor jacuzzi, a private roof terrace, a dedicated walk-in wardrobe, and a generous master bedroom resting area. Overall, the layout is well-designed for families that enjoy having a large communal space while being able to withdraw into the privacy of their own rooms. 

Closing Thoughts

Clementiwoods Condo emerges as one of the most enticing options in District 5 if you are after  quiet living located right next to Clementi Woods Park, a low-mid size density project, that still scores well on our bala curve effect, yet well connected to an array of amenities.  With a district disparity effect, Clementiwoods condo presents growth opportunities in years to come. This is also perhaps one of the best developments that can still offer extremely generous and spacious layouts, with full-fledged condo facilities, a rare find in today’s new-age projects. Perfect for families who enjoy nature living and prioritise comfortable home sizes over MRT proximity.

Let’s get in touch

If you’re considering buying, selling, or renting a unit and are uncertain about its implications on your property journey and portfolio, please reach out to us here. We would be delighted to help with any market and financial assessments related to your property, or offer a second opinion.

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