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Clavon Developer, UOL Group, is Singapore’s leading public listed company with over 50 years of track record and a diversified business ranging from property development, property investments to hospitality business in hotels and serviced suites. The UOL Group has total assets valued around $20 billion and annual revenue of $2.28 billion in 2019.
Clavon Developer, the UOL Group originated as Faber Union Limited in 1963. After United Overseas Bank acquired a controlling interest in the company, it was renamed United Overseas Land Limited in 1975 and subsequently UOL Group Limited in 2006. Even in the early years, the company was already renown for landed developments such as Faber Gardens, Faber Hills, White House Park and high-rise condominiums such as Cairnhill Plaza and Orchard Bel-Air in prime Orchard precinct.
The UOL Group believes that every development is an opportunity to create an iconic architectural masterpiece of fine quality that distinguishes itself above the rest. Winner of many prestigious awards such as FIABCI Prix d’Excellence Award, Aga Khan Award for Architecture, Urban Land Institute Awards for Excellence and the President’s Design Award, the Clavon developer is relentless in its pursuit of outstanding design, creativity and excellence.
Clavon Developer is no stranger to building residential units in Clementi Avenue One. The UOL Group scored a big win with Clement Canopy which sits adjacent to the Clavon location. Completed in 2019, this sell-out development sits on a Government Land Sale (GLS) site which was awarded to the UOL Group in 2015 at a bid price of $302.1 million. The popular development which sold 195 units during the first weekend of its launch, consists of a pair of 40-story towers with 505 residential units.
After the runaway success of Clement Canopy, two subsidiaries under UOL Group, UOL Venture Investments and UIC Homes secured the highest bid for the Government Land Sale plot next to Clement Canopy in July 2019 which Clavon location resides today. The land sale valued at $491.3 million has a land area of 178,064 sq ft and a maximum allowable gross floor area (GFA) of 623,229.8 sq ft which works out to approximately $788 psf per plot ratio (ppr). Clavon Developer plans to launch the development in 2020 which features a 40-story development comprising 640 units which will take full advantage of the unblocked views of the vast surroundings.
For Clavon Developer, the key value proposition of the development is the attractiveness of the Clavon location which is well situated within the mature estate of Clementi with its comprehensive amenities and proximity to renowned education institutions such as National University of Singapore (NUS), NUS High School, Nan Hua High School, Singapore Polytechnic and Anglo Chinese School (Independent). Besides the Bukit Timah area along Dunearn Road, it is very rare to find a residential development that is surrounded by so many reputable schools. Truly this is an opportunity not to be missed by families!
In addition to prestigious schools, Clavon Developer is confident the Clavon location presents great benefits to the growing workforce in the western part of Singapore especially in the One North knowledge campus, Science Park, the National University of Singapore and National University Hospital. For investors, this offers a great opportunity for rental income as there is a great pool of ready tenants from the surrounding workplaces.
In addition to Clavon, the UOL Group has also made headlines with recent new launches such as Avenue South Residences, The Tre Ver, Amber45 and Meyer House. Each of these developments are unique creations in their own standing. Winner of International Property Award (Asia Pacific), Clavon developer launched Avenue South Residences in 2019 to be a pioneer residential development capitalizing on the transformation in the Greater Southern Waterfront. Located at Silat Avenue, directly connected to the lush greenery along the Railway Corridor, Avenue South Residences is a mixture of contemporary and retro with the conservation and retrofitting of 5 blocks of 4-story SIT (Singapore Improvement Trust) flats against the magnificent backdrop of a pair of 56-story twin towers.
Another brilliant masterpiece by the Clavon developer is The Tre Ver, which is a successful collaboration with award-winning architect WOHA who has designed the Parkroyal Hotel Pickering featuring iconic vertical sky gardens and green terraces. Winner of 2 coveted awards from International Property Award (Asia Pacific), The Tre Ver showcases a matchless tapestry of nature, greenery, water, sunlight along the scenic Kallang River.
With its innovative design and unique value proposition, Clavon Developer has launched many successful developments in the market. The Tre Ver sold more than 140 units within the first 3 hours of its launch. UOL Group has demonstrated its ability to understand its customers’ needs and deliver a winning value proposition that offers an attractive location, innovative design and natural landscapes.
In addition to residential property development, Clavon Developer owns and manages both commercial and retail properties in prime locations in Singapore such as United Square, Velocity @ Novena Square, KINEX, Odeon Towers and Faber House. Through its subsidiary Pan Pacific Hotels Group Limited (PPHG), UOL Group is well established in the hotel business in Asia, Oceania, and North America with over 30 hotels and serviced suites in its portfolio, under 3 brand names of Pan Pacific, Parkroyal Collection and Parkroyal. Launched in January 2020, PPHG made environmental friendliness a differentiating strategy for its business and under the branding of Parkroyal Collection, the company would focus on environmental-centric designs, eco-friendliness and sustainable practices.
With the urgency to lower impact on the environment, Clavon Developer will launch Pan Pacific Orchard, Singapore’s first zero-waste hotel, in 2021. Designed by WOHA, Pan Pacific Orchard‘s landscapes will be self-sustaining with a rain harvesting system for irrigation and solar panels on the roof to supplement energy requirements for the building. In addition, an innovative food waste management system would convert kitchen food waste into nutrients for the gardens.
Based on all these achievements, residents can truly look forward with great anticipation to an awesome masterpiece by Clavon Developer who has an impressive track record of creating refreshingly unique developments that are both iconic and sensitive to the environment.