Type

Units

Min Area

Price Range

3 BR

926 sqft

S$5,200/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$5,200.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$1,040 on this acquisition.
Located 6 min (480 m) from EW23 Clementi MRT Station.

Housing Grants & Financing

Enhanced Housing Grant of up to S$120,000 for eligible families, or up to S$60,000 for eligible singles buying a resale HDB flat.
Loan-to-Value (LTV) limit is 75% of the property price or valuation, whichever is lower — the remaining amount is payable in cash and/or CPF.
Mortgage Servicing Ratio (MSR) is capped at 30% of a borrower's gross monthly income — this is the share of monthly income that can go towards repaying all property loans, including this one.
Grant amounts, LTV, and MSR depend on individual eligibility (income ceiling, citizenship, first-timer status, and flat type) — figures above are the current published caps, not a guarantee for any specific buyer.

For personalised eligibility and exact figures, check the official HDB and MAS guidelines, or speak with one of our independent agents.

Price Trends & Rental Yield

Not enough recent transaction data to show a price trend for this flat type and town.

Interested in this property?

Send a quick enquiry our Singapore Property team will reach out within 24 hours.

456 Clementi Avenue 3: A Mature HDB Development in Singapore's Established West

456 Clementi Avenue 3 represents a well-established residential address in one of Singapore's most sought-after HDB precincts. Located in the Clementi area, this development comprises units across various floor levels and configurations, offering a stable property investment opportunity in a district with proven demand and consistent capital appreciation. The neighbourhood has matured considerably over recent decades, creating a lived-in community with deep roots and reliable tenant demographics for investors.

The development's proximity to EW23 Clementi MRT Station—just six minutes' walking distance away at approximately 480 metres—places residents within easy reach of Singapore's broader transport network. This accessibility is a significant draw for both owner-occupiers and rental investors, as the station connects directly to the Circle Line and serves as a major interchange point for commuters heading towards the city centre, airport, or other key business districts. The convenience of this location has historically underpinned strong capital appreciation and sustained rental yield across comparable HDB units in the immediate vicinity.

Unit Specifications and Living Space

Units within this development typically feature three bedrooms and two bathrooms, with floor areas around 926 square feet. This configuration strikes an effective balance between spacious family living and efficient land use, making the units appealing to upgraders moving from smaller two-room or three-room properties, as well as to expatriate families and investors seeking reliable rental income from multi-bedroom stock. The bedroom count and bathroom configuration are particularly attractive in the rental market, where three-bedroom HDB flats in Clementi command steady demand from tenants seeking modern, government-built housing at a premium quality standard.

Clementi's Established Community and Amenities

The Clementi precinct benefits from decades of urban development, resulting in a comprehensive ecosystem of shops, hawker centres, dining venues, and recreational facilities. The nearby Clementi Shopping Centre and other retail hubs provide everyday convenience without requiring travel beyond the immediate neighbourhood. Schools, both primary and secondary, operate throughout Clementi with strong reputations, making the area particularly popular with families. The estate also boasts numerous parks, community centres, and sports facilities that support an active, family-oriented lifestyle.

For investors evaluating rental potential, Clementi's demographic mix—encompassing young professionals, families with children, and expatriates—ensures consistent demand across the year. The maturity of the estate means that tenant quality tends to be stable and reliable, with lower turnover risk compared to rapidly developing precincts where demographic change can be unpredictable.

Investment Considerations for Buy-to-Let Buyers

Prospective investors acquiring a second residential property at this development would be subject to Additional Buyer's Stamp Duty (ABSD) at the current rate of 20% for Singapore Citizens. This duty is levied on the purchase price and represents a meaningful cost component that must be factored into investment analysis and capital outlay planning. However, the established nature of Clementi and the consistent rental demand within the precinct often justify this upfront cost through steady monthly rental returns and long-term capital appreciation.

The rental yield on HDB flats in Clementi has historically ranged between 3–4% gross annually, depending on unit size, floor level, and specific location within the estate. Three-bedroom units command premium rents compared to smaller configurations, positioning 456 Clementi Avenue 3's typical unit size as a particularly attractive proposition for yield-focused investors. The estate's accessibility, mature amenities, and reliable tenant pool create conditions favourable for minimising vacancy periods and supporting consistent cash flow.

Financing and Affordability

HDB flat purchases in Clementi typically fall within the financing capacity of most mortgage applicants, particularly upgraders and investors with existing asset bases. The Mortgage Servicing Ratio (MSR) and Total Debt Servicing Ratio (TDSR) calculations for units within this development generally remain within lender comfort zones, meaning eligible buyers can typically secure loans covering 75–80% of the purchase price with minimal difficulty. First-time buyers utilising their CPF savings for down payment often find HDB properties in Clementi to be particularly accessible entry points into property ownership.

Market Position and Competitive Landscape

The Clementi precinct hosts several comparable HDB developments offering three-bedroom configurations within broadly similar price brackets. Properties at 456 Clementi Avenue 3 compete directly with adjacent blocks and neighbouring estates such as those in the immediate Clementi vicinity. The differentiation between these developments often turns on precise location relative to MRT station, floor level, age, maintenance condition, and unit orientation rather than on fundamental product differences. Recent comparable sales in the area have established price-per-square-foot benchmarks that help investors and owner-occupiers assess fair value for units within this development.

Lease Tenure and Long-Term Viability

HDB flats operate under either 99-year or 999-year leasehold arrangements. Properties with longer remaining lease tenure naturally command stronger resale demand and exhibit more stable capital appreciation trajectories, as buyer financing and investor appetite remain robust when significant lease life remains. For properties with only decades of lease remaining, resale value may experience incremental pressure, and some mortgage lenders may impose tighter loan-to-value ratios. Prospective buyers should verify the precise lease tenure and remaining term before committing to purchase, as this factor materially influences the property's long-term utility as both an owner-occupied residence and an investment asset.

Future Growth and District Supply

The Clementi district has largely completed its HDB estate development phases, meaning significant new public housing supply additions in this immediate precinct are unlikely in the medium term. This relative scarcity of new units, combined with steady underlying demand, has historically supported stable property values and gradual appreciation within existing blocks. The maturity of the area also means that land scarcity may eventually drive intensification or redevelopment of older estates, a factor that can unlock future value for current owners, though any such transformation typically unfolds over multi-decade timeframes.

For both owner-occupiers seeking a stable family residence and investors pursuing long-term rental income, 456 Clementi Avenue 3 offers the security of an established neighbourhood with proven market fundamentals and excellent transport connectivity.

Frequently Asked Questions

What is the estimated gross rental yield for a three-bedroom unit at 456 Clementi Avenue 3 if purchased as an investment property?

Three-bedroom HDB flats in the Clementi precinct typically generate gross rental yields between 3–4% annually, depending on exact unit location, floor level, and current market rental rates. A unit priced at typical market value for this development and let at prevailing Clementi rental rates would yield approximately S$150–200 per month in gross rental income per S$10,000 of purchase price, translating to an annualised return in the 3–4% band. Investors should factor in property tax, maintenance sinking fund contributions, and potential vacancy periods when calculating net yield; these costs generally reduce net return by 0.5–1 percentage point. The rental market for three-bedroom HDB stock in Clementi remains robust due to the area's accessibility, family-oriented amenities, and established community, providing relative stability compared to newer precincts with more volatile tenant demand.

How does the current price-per-square-foot for units at 456 Clementi Avenue 3 compare to recent HDB transactions in the wider Clementi area?

Recent comparable sales for three-bedroom HDB units in Clementi have established price-per-square-foot benchmarks ranging approximately between S$800–950 per sqft, depending on floor level, unit orientation, and remaining lease tenure. Units at 456 Clementi Avenue 3, with floor areas around 926 sqft, would therefore typically command total market values in the S$740,000–S$880,000 range at mid-range assumptions, though individual unit pricing varies based on stack position and exact lease remaining. The development's proximity to Clementi MRT Station—at just six minutes' walk—places it within the premium segment of the local market, as MRT accessibility directly correlates with stronger buyer demand and more resilient resale values. Investors and owner-occupiers should review recent sold comparables within the exact block and adjacent blocks to establish precise fair value, as intra-precinct variation can be material depending on renovation condition, view orientation, and floor-level premiums.

What is the Additional Buyer's Stamp Duty (ABSD) impact if a Singapore Citizen purchases a second residential property at this development?

Singapore Citizens acquiring a second residential property are subject to ABSD at a current rate of 20% of the purchase price, in addition to the standard Buyer's Stamp Duty. For a purchase price of S$800,000, the 20% ABSD would amount to S$160,000, a material upfront cost that significantly affects total acquisition expenses and cash-on-cash return calculations. This duty must be paid within fourteen days of the option to purchase being exercised and represents a non-recoverable cost that reduces the effective purchasing power available for down payment and other transaction fees. However, investors willing to absorb this cost often find that the steady rental yield and long-term capital appreciation in established precincts like Clementi can justify the ABSD burden over a five-to-ten-year holding period; detailed financial modelling should compare the after-ABSD cash flow profile against alternative investments or property purchases in other districts.

How does the lease tenure and remaining lease period affect resale value and buyer financing at 456 Clementi Avenue 3?

HDB flats operate under either 99-year or 999-year leasehold tenure; the precise remaining lease period on any specific unit at 456 Clementi Avenue 3 materially influences its resale value trajectory and financing accessibility. Units with 95+ years of lease remaining typically command full market valuations and encounter no mortgage lending restrictions, whereas units with only 60–70 years remaining may face stricter loan-to-value caps from financial institutions and begin to experience incremental resale pressure. Properties with fewer than 60 years of remaining lease are generally harder to finance and may experience accelerating value erosion, as buyer pools shrink and lender appetite weakens. Prospective purchasers must verify the exact lease commencement date and calculate remaining tenure before committing, as this variable alone can create S$50,000–150,000+ variance in market value for otherwise identical units.

How does proximity to Clementi MRT Station influence demand and long-term capital appreciation for units at this development?

The six-minute walk to EW23 Clementi MRT Station is a primary demand driver for this development, as MRT accessibility directly correlates with stronger buyer interest, lower vacancy periods for rental units, and more stable capital appreciation relative to non-MRT-served properties. Clementi Station functions as a major transport interchange connecting the Circle Line and serving as a principal hub for commuters travelling to the central business district, airport, and other key employment zones; this status ensures consistent pedestrian traffic and sustained demand from both owner-occupiers and tenants. Properties within 400 metres of an MRT station typically command a 10–15% premium versus equivalent units located 800+ metres away, a differential that compounds over time as transport-proximate locations benefit from stronger demographic appeal and lower selling timeframes. The development's positioning within this high-accessibility catchment has historically supported outperformance relative to comparable HDB stock in Clementi blocks situated further from the station, making it a preferential location for both investor yield and owner-occupier lifestyle considerations.

Which buyer profiles—HNW, upgraders, first-time buyers, investors—are best suited to units at 456 Clementi Avenue 3?

Upgraders moving from smaller two-room or three-room flats represent a primary buyer demographic for three-bedroom units at this development, as the additional space and family-oriented amenities in mature Clementi appeal strongly to households expanding with children. First-time buyers with sufficient CPF savings and mortgage servicing capacity find HDB flats in established precincts like Clementi to be accessible entry points into property ownership, particularly where CPF withdrawal limits and HDB loan eligibility have been achieved. Investors seeking yield-focused purchases are attracted to the consistent rental demand for multi-bedroom HDB stock and the area's demographic stability, with buy-to-let portfolios increasingly incorporating Clementi properties as core yield-generation assets. High-net-worth individuals typically favour this development for portfolio diversification and steady cash flow rather than capital appreciation plays, viewing HDB rental investments as lower-volatility complements to private residential holdings. Expatriate families on multi-year postings often seek three-bedroom HDB flats in Clementi due to the combination of spacious living, family amenities, and established international community networks within the precinct.

What are the Total Debt Servicing Ratio (TDSR) and financing headroom implications for typical purchase prices at this development?

Most units at 456 Clementi Avenue 3 would be priced in the S$700,000–S$900,000 range, requiring mortgage commitments of approximately S$560,000–S$720,000 at typical 80% loan-to-value ratios; these debt servicing obligations generally remain well within the TDSR ceiling of 60% for most mortgage applicants with stable employment and reasonable existing debt profiles. First-time buyers benefit from HDB-specific mortgage schemes capped at 35 years, enabling spread of repayment obligations over longer periods and reducing monthly servicing burdens compared to private residential financing. Investors and repeat purchasers face stricter TDSR assessments that factor in existing liabilities, rental income recognition (typically accepted at 80% of declared rental rates), and personal income thresholds; however, the acquisition price point for three-bedroom HDB units generally allows sufficient borrowing headroom for qualified applicants. Prospective buyers should conduct pre-mortgage assessments with their banks to confirm precise borrowing capacity, as individual debt profiles, employment tenure, and income volatility can create variance in actual approved loan amounts.

How does 456 Clementi Avenue 3 compare to nearby competing HDB developments in the Clementi precinct?

The Clementi precinct hosts several comparable HDB estate blocks offering three-bedroom configurations, including adjacent blocks within the same development and nearby Clementi estates all serving similar buyer demographics and rental tenant pools. Differentiation between 456 Clementi Avenue 3 and competing blocks typically turns on granular factors such as exact floor level, unit orientation (corner versus interior stack), remaining lease tenure, and proximity to lift lobbies or communal facilities rather than on fundamental product differences. Price-per-square-foot variance between competing developments in Clementi generally ranges within 5–10%, with premium pricing accruing to units with superior views, higher floor levels, newer renovation finishes, or particularly convenient MRT access. Investors and owner-occupiers should conduct side-by-side comparisons of recent sold transactions across multiple Clementi blocks to establish precise fair value positioning; the mature market for HDB stock in this precinct means extensive historical data supports robust valuation benchmarking.

Which unit stacks or floor levels at 456 Clementi Avenue 3 typically offer the best value for price-to-utility ratio?

Mid-floor units (typically floors 8–20) in HDB developments like 456 Clementi Avenue 3 often represent optimal value propositions, as they command modest premiums over lower floors whilst avoiding the highest price premiums attached to uppermost levels and corner stacks. Lower-floor units (floors 2–4) may offer 5–10% discounts versus mid-floors due to perceived light and ventilation disadvantages, though they appeal to buyers with mobility considerations or preference for proximity to community facilities; these discounted units can present attractive rental investment opportunities where the markdown exceeds the corresponding rental income reduction. Highest-floor units and corner stacks typically command 10–20% premiums reflecting superior views and light exposure; for owner-occupiers valuing these amenities, the premium may justify the additional cost, whereas yield-focused investors often find mid-floor, interior-stack positions deliver superior cash-on-cash returns. Specific unit orientation—whether facing north, south, east, or west—also influences pricing and should be assessed based on personal or tenant preferences; south-facing units in Singapore command premiums for consistent light, whereas north-facing units may offer thermal advantages and attract investors prioritising rental appeal to heat-sensitive tenant demographics.

What is the future supply pipeline and redevelopment potential in the Clementi district that might affect values at 456 Clementi Avenue 3?

The Clementi precinct has largely exhausted new HDB estate development capacity, meaning significant additional public housing supply additions within the immediate district are unlikely in the next ten-to-fifteen years; this relative scarcity supports stable property values and gradual appreciation within existing blocks. However, the Singapore Government's ongoing estate regeneration and upgrading programmes may eventually target older Clementi blocks for precinct-wide intensification, potential site consolidation, or wholesale redevelopment—processes that typically unfold over multi-decade timeframes and would trigger substantial value unlocking for existing residents. Proximity to potential future transport improvements, such as planned MRT line extensions or additional interchange connectivity, could further enhance the development's long-term appeal; however, no confirmed major transport projects have been publicly announced for immediate Clementi station vicinity. Investors should monitor URA Master Plan updates, HDB regeneration announcements, and Ministry of National Development press releases for signals regarding future land use changes; whilst material redevelopment appears unlikely within ten years, the presence of aging infrastructure across multiple Clementi blocks suggests that significant estate transformation is plausible within a twenty-to-thirty-year investment horizon, with potential for substantial upside value capture.

[For Rent] Hdb Flat At 456 Clementi Avenue 3 — From S$5,200