Park West

Condominium · in Clementi, District 5, Singapore · 99 yrs from 08/03/1982 · Completed 1985

Data through 1 January 2019

Park West project gallery

Site plan is shown first when available. Scroll to view more project images.

Intro: Park West in Clementi has been demolished following a successful collective sale, transforming the site into a new residential landmark 🏗️.
Good to know: Formerly a 1985-built condominium in District 5; Previously featured spacious three- and four-bedroom layouts 🏫.
Practical note: As the original development is no longer standing, residents seeking this specific location will need to explore the upcoming replacement project 🏠.

D5OCRWestClementi

< 1km

MRT Station

Near

$1M+ HDB

> 1K

MOPs in Town

Top 20

Schools

Mega

Development

< 10y

Property Age

100%

Profitable

50+

Deals Past Yr

Park West project details

Street

Jalan Lempeng

Property Type

Condominium

Completion

1985

Total Units

-1

Plot Ratio

2.1

Unit Size

872 - 629,263 sqft

Tenure

99 yrs from 08/03/1982

Lease Remaining

55 yrs

Postal Sector

GLS Site

Land Use

Residential (Non-Landed)

Development Type

Condominium type housing

Site Area

61235.80

Plot Ratio

2.00

GLS Launch

01-06-1981

Tender Closed

30-09-1981

Awarded

15-12-1981

Awarded To

Island Concrete Pte Ltd

Bids

Winning Tender

15186478.00

Land Rate (GFA)

124.00

Land Rate (ppr)

11.52

Max GFA (Est.)

122471.60

MRT and LRT stations near Park West

Clementi483 m MRTEW23

See details on nearby stations

Primary schools near Park West

Nan Hua Primary School192 m
Clementi Primary School296 m
Qifa Primary School488 m

See details on nearby schools

Park West price, PSF and transaction trends

48%

HDB Buyers

$1.2B+

Total Transacted

01-01-1995

First Transacted

11-01-2018

Last Transacted

463

Total Transactions

Park West transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for Park West, the median price was S$1,004,000 and the median PSF was S$790 psf. The newest record shown is from 11 January 2018. The annual project median was 58.9% higher in 2018 than in 2011; unit mix can affect year-to-year comparisons.

Recent Park West transactions

Date	Sale type	Price	PSF	Size
11 January 2018	Resale	S$840,888,888	S$1,336 psf	629,263 sqft
24 August 2017	Resale	S$970,000	S$777 psf	1,249 sqft
27 July 2017	Resale	S$740,000	S$849 psf	872 sqft
4 July 2017	Resale	S$1,315,000	S$694 psf	1,894 sqft
20 June 2017	Resale	S$1,008,000	S$807 psf	1,249 sqft

Park West median transaction PSF (S$)

Park West annual price trend

Year	Median price	Median PSF	Recorded sales
2018	S$840,888,888	S$1,336 psf	1
2017	S$1,000,000	S$777 psf	15
2016	S$975,000	S$732 psf	10
2015	S$1,170,000	S$740 psf	8
2014	S$1,120,000	S$791 psf	7
2013	S$1,074,444	S$932 psf	12
2012	S$1,075,000	S$881 psf	23
2011	S$1,050,000	S$841 psf	7

72.5%

% Profitable

124

Profitable

Unprofitable

> 6% Annualized

7.8 yrs

Avg Holding

$34.2M

Total Profits

Park West annualized profit %

View full details

Park West rental prices and estimated yield

Past 1 month

No. of Rentals

Among the latest 12 recorded rental contracts for Park West, the median monthly rent was S$2,500, with records ranging from S$1,900 to S$2,600.

Recent Park West rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 January 2019	—	S$2,500	S$2 psf	1100-1200
1 January 2019	—	S$2,300	S$2 psf	1100-1200
1 January 2019	—	S$2,500	S$1 psf	1700-1800
1 January 2019	—	S$2,600	S$2 psf	1100-1200
1 January 2019	—	S$2,600	S$2 psf	1100-1200

Park West rental volume

View full details

Frequently asked questions about Park West

How much do units at Park West cost?

The latest 12 recorded sales show a median price of S$1,004,000 and a median of S$790 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Park West?

The latest recorded median monthly rent is S$2,500. Rental yield is indicative and can vary by unit and costs.

Is Park West freehold or leasehold?

Park West has a tenure of 99 yrs from 08/03/1982.

When was Park West completed?

Park West was completed in 1985.

Which MRT or LRT station is nearest to Park West?

Clementi is the nearest station shown, at an estimated straight-line distance of 483 metres.

Which primary schools are near Park West?

The primary schools shown within the page’s one-kilometre search are Nan Hua Primary School (192 m), Clementi Primary School (296 m), and Qifa Primary School (488 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 1 January 2019. Figures are indicative and do not constitute financial advice.