Sunday, November 4, 2012

Casa Clementi Wins Prestigious Property Award !!!

Congratulations, Casa Clementi!

It has been announced! Officially announced on 23 October 2012, Casa Clementi has just bagged the prestigious International Real Estates Federation (FIABCI) Singapore Property Awards 2012 under high-rise residential category.

In particular, Casa Clementi has been specially mentioned for strategically locating all blocks to allow maximium window views & frontage for every unit; creatively landscaping a beautiful roof garden for Casa's residents as well as doing its part to build a sustainable, green environment.


Thursday, May 17, 2012

Clementi Project Wins Prestigious Award

Congratulations to our neighbour - Clementi Mall, for winning the prestigious Fiabci Prix d'Excellence award!  

According to the Straits Times on 17 May 2012, this is the first development in Singapore with public housing, commercial facilities and a bus interchange built in one complex. And, the annual Fiabci Prix d'Excellence award is considered the Olympics of the international real estate industry. Wow, congrats again! : )

Thank you for developing Clementi into such a vibrant & convenient hometown for all of us!

Completion Ceremony of Casa Clementi

Great news for all Casa Clementi's residents! : )

I understand that HDB will be organising an Official Completion Ceremony of Casa Clementi. There's going to be a series of celebration activities to commemorate the project's completion.

Ceremony Date: 16 June 2012 (Saturday)
Time: 10am - 1pm
Venue: Casa Clementi
Guest-of-Honour: Mr Arthur Fong

I'm so looking forward to the official opening of Casa Clementi and also the opening of our beautiful Casa Clementi's sky garden. : ) Exciting !  Huat ah !

Sunday, September 25, 2011

Casa Clementi - Balance Flats Released for Balloting (September 2011)

Hi all,

Casa Clementi balance flats are now released for balloting. There are about 570 great & beautiful units available :)

According to HDB's website, current available Casa Clementi units are:
2 Room Flat (148 units available)
3 Room Flat (8 units available)
4 Room Flat (287 units available)
5 Room Flat (127 units available)

To apply, visit HDB's website or direct link:$file/11sepsbfcl_map.htm?open&ft=sbf

We've casually interviewed a few of the Casa Clementi construction workers, seems like a few of the shorter blocks are already fully constructed & completed (e.g. Block 417 & Block 424). The whole Casa Clementi project handover could be slated in early-mid 2012. :D

Wednesday, November 25, 2009

CM Domain wins tender for Clementi Mall with S$541.9m bid

Source: ChannelNewsAsia, 17 November 2009

SINGAPORE: CM Domain, a unit of Singapore Press Holdings, has won the tender for a new suburban shopping centre in Clementi with its S$541.9 million bid.

The Housing and Development Board said it received a total of six bids for the 99-year leasehold site in Clementi Town Centre.

The land parcel has about 25,000 square metres of gross floor area. The retail hub, tentatively called "Clementi Mall", is part of a larger development located at the former Clementi Bus Interchange. The mall and its carpark are located over seven storeys, and a library will be situated within the mall.

Source: HDB Tender Results for Sale of Clementi Mall, 10 November 2009

1. S$541,898,000 CM Domain Pte Ltd

2. S$382,000,000 Titanium (AMT) Pte Ltd and Guthrie (Anshan) Pte Ltd

3. S$352,100,000 FC Retail Trustee Pte Ltd (as trustee for FCL Diamond Trust)

4. S$338,800,000 HSBC Institutional Trust Services (Singapore) Limited as trustee of CapitaMall Trust

5. S$303,300,000 Lend Lease Retail Investments 3 Pte Ltd

6. S$170,000,000 Sim Lian Holdings Pte Ltd

HDB Seeks Buyer for Clementi Mall

Source : Business Times - 18 September 2009

THE Housing & Development Board is looking for a buyer for a mall in Clementi Town Centre which it is building as part of a larger 40-storey development that will also include two blocks of HDB flats and a bus interchange.

Clementi mall: The buyer will have naming rights to the mall which comprises two basement levels and five storeys above ground, with retail space of 193,750 sq ftJones Lang LaSalle, which is handling the tender for the mall, said the price is ‘in excess of $300 million’.

The mall comprises two basement levels and five storeys above ground, with a maximum net floor area of 18,000 sq m (or 193,750 sq ft) of retail space.

HDB is building only the core structure and facade, which it aims to hand over to the eventual buyer around August next year. The new owner will then finish the project internally, with flexibility to plan the theme and layout. The buyer will also have naming rights to the mall.

JLL estimates the buyer may spend about a further $50 million to fit out the mall. Assuming a $300 million purchase price, the total investment would work out to about $1,800 psf of retail net floor area. This does not take into account about 21,266 sq ft of gross floor area on the fifth level, set aside for a library under the development’s civic and community institution space.

Assuming gross average monthly rent of $11 psf is achieved for the mall, the net yield for the investor would work out to about 6 per cent. The buyer will get a fresh 99-year lease when HDB hands over the property.

An air-conditioned bus interchange will be on the mall’s first level, and the third level will be linked to Clementi MRT Station.

JLL’s Singapore and South-east Asia managing director Chris Fossick said: ‘This investment provides a rare opportunity to enter the tightly held and much sought-after suburban retail mall market in Singapore. The buyer will be able to add real value through its retail concept and layout,’

The tender for the mall closes on Nov 10.

HDB said yesterday this is the first development incorporating public housing, commercial facilities and a bus interchange in a single complex.

The two blocks of HDB flats will have a total of 388 units, comprising three-room to five-room flats. Most have already been taken up by HDB lessees affected by a Selective En-bloc Redevelopment Scheme (Sers) nearby.

‘There are very few unsold flats in the two blocks,’ HDB said. ‘After meeting demand for Sers, the balance of the flats will be released to the public in future sale exercises.’

Friday, August 14, 2009

North South East West (Potential Views, Estimated Directions)

Here are some potential views (taken from 22nd floor of existing Clementi flats) showing the estimated directional views. [NOTE: Directions provided below are just an estimate. For more accurate directional degree reading, a true magnetic compass or "Luopan" is required.]