Singland which traditionally specalize in city centre and city fringes new launch condo is now venturing further away from the city center to area like Clementi. It is partnering UOL group in its new residential project The Clement Canopy condo in Clementi avenue 1. The site will yield about 450 units. Take up rate should be strong as land price is not high therefore we expect developer to be able to control the momentum of the sale and decide what margin it want to achieve. The Clement Canopy location beside Nan Hwa High School will swimming complex on the other side. We expect majority of the units to be unblock view. The valuable experiences gain from selling projects like Thomson Three, Botanique at Bartley etc should ensure The Clement Canopy to do well.
