The Clift

The Clift is a metaphor for modern living located in the heart of the Central Business District.

A 43-storey tower of compact residential units designed by world famous Super Potato of Japan beckons the soul that seeks a life less ordinary.

Located on the cross junction of Telok Ayer and Mccallum Street, It is 5 mins walk to both the Raffles Place and Tanjong Pagar MRT stations.

One Map of Clift

Its structure and layout resembles that of Icon, also a Far East Organisation project where the the units face either the North or South Direction.

Clift Site
Overall Site Structure as above.

Clift layout 22nd flr

Units layout as per 22nd floor ( all apartment units )

The units facing North faces rows of conservation shophouses which would guarantee investors a unblocked view while units facing South face the pool which is located on the 10th floor and the view too is relatively unblocked.

Location: 21 McCallum Street
District: 01
Tenure : 99 years w.e.f  2004
Expected Completion : 2011
Developer : Far East Organisation
Site Area: 19,578 sqft
Total Units: 312 (1 Block of 43 storey) ( 240 units + 72 units of loft )

Unit Types:
1 Bedroom ~ 495sf – 560sf
1 Bedroom Loft ~ 753sf – 807sf
2 Bedroom ~ 775sf – 818sf
2 Bedroom loft ~ 1065sf

32nd to 42nd floor – LOFT UNITS
11th to 30th floor – APARTMENT UNITS
2nd to 9th floor – CAR PARKS
Ground floor - retail shops

 

Facilities:

10th Storey
• Clubhouse patio & lounge
• Deck dining (with BBQ pits)
• Feature catwalk deck with trellis & raincurtain
• Massage pavilion
• Cabana lounge
• Lift core wall reflective pool
• Waterwall cascade
• Pool lounge beds
• Launderette snack bar

Clift lounge

31st storey
• Multi-purpose room
• Lounge deck
• Plunge pool with glass end wall
• Dining/ preparation top
• Sauna
• Wash facilities
• Jacuzzi

Clift Elevation
Estimated Maintenance Fees

1 bedroom - $188

2 bedroom - $228

Car Parks Lots250 lots + 4 lots of commercial

Unit Features:
• Marble flooring
• Complete kitchen system
• Washing machine and Drier

Analysis

The Clift is designed to be a investor's choice for low risk and high rental yield.

It also offers low maintenance fees to the investors, ie S$ 180 and S$ 280 estimated fees.
Parking lots are available at S$ 130 a month.

The location of the Clift right smack in the CBD allows the units to be easily rentable and at reasonable rent which is the range of S$ 3,800 for 1 bedders and S$ 5,200 for 2 bedders.

Drawback of this project is that the apartment size are compact and do not suit tenants looking for a spacious living space.

The smaller site area of the Clift also means that the 25m swimming pool is smaller than most competitive projects and there is no tennis courts.

However, its smaller quantum ( between S$ 1 mil to S$ 2 mil ) and high rental yield still makes it a very hot project for investment, and considering the possibilites in the CBD and future land prices in the vicinity, the Clift is certainly worth looking at.


spacer
agent image
agency logo
Lim Kah Seng
Team Director
PROPNEX REALTY PTE LTD
kahseng.sg@gmail.com
CEA Licence No.:
L3008022J / R024325Z
+(65) 8333 3222