Type

Units

Min Area

Price Range

3 BR

1528 sqft

S$1.2M

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$1.2M.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$236K on this acquisition.

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?

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114 Clementi Street: A Mature HDB Development in One of Singapore's Most Established Estates

114 Clementi Street represents a well-established public housing development positioned in the heart of Clementi, a mature and densely populated residential neighbourhood in the south-western corridor of Singapore. The development offers three-bedroom units with three-bathroom configurations, providing practical family-oriented layouts that appeal to a broad spectrum of homebuyers. Available units at this address start from S$1.18 million, making it an accessible entry point for owner-occupiers and investors alike within the HDB resale market.

The Clementi precinct has evolved into one of Singapore's most sought-after neighbourhoods, characterised by a long-established residential community, comprehensive local infrastructure, and robust amenities. The area benefits from decades of settled development, meaning residents enjoy mature streetscapes, established schools, healthcare facilities, and shopping centres. This maturity translates into stable property values and consistent demand across the resale market, particularly among families with children and professionals seeking a well-rounded lifestyle outside the central business district.

Spacious Layouts and Contemporary Living Standards

Units at 114 Clementi Street are configured with generous floor areas, with some reaching approximately 1,528 square feet. This scale of accommodation is considerably above average for HDB flats, offering room flexibility for home offices, extended family arrangements, or recreational spaces. The three-bathroom provision reflects contemporary expectations for multi-occupant households, reducing morning rush pressures and enhancing convenience for larger families or properties let to multiple tenants.

The spatial design of these units makes them particularly appealing for buyers transitioning from smaller flats or those seeking their first significant upgrade in the public housing market. The additional square footage supports a variety of interior configurations, from traditional family living setups to modern open-plan designs that suit contemporary preferences. Potential residents should view these specifications as practical advantages that command premium valuations compared to older, more compact two-bedroom offerings in surrounding areas.

Market Position and Investment Merits

As an HDB resale property, 114 Clementi Street units benefit from the regulatory framework and stability inherent to Singapore's public housing system. Unlike private condominiums, HDB flats do not depreciate in nominal terms over the long term and maintain consistent liquidity throughout the property cycle. The neighbourhood's reputation as a family-friendly, established locale ensures sustained demand from multiple buyer cohorts—young couples seeking larger space, upgraders from smaller flats, and investors capitalising on rental demand from expatriates and families without HDB eligibility.

The rental yield potential for investor purchasers remains competitive, particularly given the consistent supply of potential tenants seeking quality accommodation in accessible neighbourhoods. Clementi's proximity to numerous employment nodes, educational institutions, and recreational facilities creates natural demand among renters. Properties at this address should be evaluated primarily as long-term wealth-building assets rather than short-term trading vehicles, consistent with HDB policy objectives and market realities.

Connectivity and Neighbourhood Advantages

The Clementi neighbourhood provides excellent access to both public transport infrastructure and private road networks. The established nature of the residential area means pedestrian pathways, cycling networks, and local bus services have been refined and optimised over many years. Shopping, dining, and recreational facilities are widely distributed throughout the estate, ensuring that residents benefit from convenience without needing to travel long distances for daily requirements.

Schools within the Clementi catchment area serve both primary and secondary cohorts, with several institutions maintaining strong academic reputations. Families considering 114 Clementi Street as their residence should factor in the established educational landscape, which represents a genuine advantage compared to newer, more peripheral developments. Healthcare facilities, including clinics and health centres, are embedded throughout the neighbourhood, supporting the demographic profile of established residential communities.

Property Type and Regulatory Considerations

As a leasehold HDB flat, units at this address operate under Singapore's public housing framework, which includes occupancy restrictions, selling regulations, and eligibility criteria. First-time buyers benefit from lower ABSD obligations compared to second-property purchasers, who face a 20% Additional Buyer's Stamp Duty on the purchase price—a material cost factor that should be incorporated into investment analysis. The 99-year lease tenure is standard for HDB properties, and whilst lease decay becomes a consideration in the distant future, the development's established status and ongoing government maintenance frameworks provide reasonable confidence in long-term value retention.

Buyers should familiarize themselves with HDB regulations regarding rental restrictions, occupancy requirements, and resale timelines. These regulatory features, whilst more prescriptive than private property ownership, have historically provided price stability and shielded HDB owners from the volatility experienced in private residential segments.

Pricing and Market Comparatives

The S$1.18 million entry price for three-bedroom units at 114 Clementi Street positions the development competitively within the Clementi resale market. Price-per-square-foot comparisons should be conducted against nearby completed transactions and competing three-bedroom offerings to validate value proposition. Recent resale transactions in the Clementi area typically range between specific thresholds based on unit size, condition, and floor level—data that prospective buyers should verify through transaction records before committing to purchase.

Negotiation leverage often exists in the HDB resale market, particularly if multiple units are available simultaneously or if the broader market environment favours buyers. Securing expert valuation advice before making an offer represents prudent practice, ensuring purchase price reflects both market conditions and the specific attributes of the unit under consideration.

Suitability Across Buyer Profiles

First-time homebuyers benefit from reduced ABSD rates and the stability of HDB ownership, making 114 Clementi Street an logical stepping stone into property ownership. Upgraders from two-bedroom units will appreciate the expanded space and triple-bathroom configuration. Established families seeking permanent residences in a mature, well-serviced neighbourhood find the layout and location ideal. International expatriates—if eligible for HDB rental—represent a consistent tenant demographic, supporting the investment appeal for owner-investors.

High-net-worth individuals typically look beyond HDB to private residential options; however, property portfolio diversification sometimes includes HDB holdings as ballast assets providing reliable capital security and modest returns. The development appeals primarily to practical, value-conscious buyers rather than luxury-seeking purchasers.

Financial Accessibility and Financing Considerations

The price point of approximately S$1.18 million typically permits reasonable mortgage accessibility for qualified Singapore Citizens or Permanent Residents, with most banks willing to lend 80% of purchase price, resulting in initial loan amounts of around S$944,000. Monthly mortgage servicing on this principal, even at current interest rates, should remain manageable for dual-income households, though individual Debt-to-Service Ratio (TDSR) capacity varies based on household income. Prospective buyers should engage their financial institutions to confirm loan eligibility and establish maximum comfortable repayment capacity before proceeding to purchase.

First-time buyers benefit from reduced stamp duty on the initial portion of purchase price, a meaningful advantage compared to second-property purchasers who face the 20% ABSD. This differential incentivises primary residency purchases and should factor prominently in the financial calculus of first-time buyers.

Lease Tenure and Long-Term Value Perspectives

The 99-year lease tenure attached to 114 Clementi Street units reflects standard HDB practice and, whilst mathematically finite, extends well beyond typical ownership horizons for residential occupants. Lease decay—the gradual reduction in property value as the lease term shortens—becomes material primarily in the final two decades of the lease period, a timeframe unlikely to affect current buyers within their ownership lifetime. However, subsequent purchasers (three to four generations hence) will factor lease decay into valuations, a consideration that rational long-term investors should incorporate into expectations regarding final resale value.

Government policies regarding lease renewal and the so-called Built-to-Order scheme occasionally provide mechanisms for lease extension or replacement, though such programmes remain evolving and uncertain. Buyers should maintain realistic perspectives regarding the ultimate finite nature of leasehold tenure whilst recognising that HDB's regulatory environment and maintenance obligations provide ongoing value protection throughout the normal ownership cycle.

The Clementi Neighbourhood: Stability and Established Infrastructure

The Clementi estate has matured into one of Singapore's most recognisable residential precincts, characterised by multi-generational family roots, established community networks, and comprehensive social infrastructure. This neighbourhood stability represents a genuine advantage compared to newer developments in peripheral areas, where infrastructure and community cohesion remain in formative stages. Local hawker centres, markets, supermarkets, and service providers operate with efficiency born from decades of operation, creating a lived-in, practical environment appreciated by families prioritising convenience and settled community character over novelty.

114 Clementi Street units should be viewed as part of this broader neighbourhood fabric rather than as isolated properties. Buyers selecting this development implicitly accept and benefit from the established, settled character of Clementi—a trade-off some prioritise over the aspirational appeal of newer, more contemporary developments.

Frequently Asked Questions

What rental yield can I realistically expect if I purchase a unit at 114 Clementi Street as an investment property?

Rental yields for three-bedroom HDB units in the Clementi area typically range between 2% and 3% per annum, calculated on gross rental income divided by purchase price. For a unit purchased at S$1.18 million, this suggests annual rental returns of approximately S$23,600 to S$35,400, depending on precise market conditions, tenant profile, and exact unit specifications. The established nature of Clementi ensures consistent tenant demand from families, professionals, and expatriates, though yields remain modest relative to private residential investments—a trade-off offset by capital stability and lower vacancy risk inherent to HDB rentals. Prospective investors should cross-reference actual recent rental transactions for comparable three-bedroom units in Clementi to validate yield assumptions specific to their intended purchase.

How does the S$1.18 million price at 114 Clementi Street compare to recent price-per-square-foot transactions in Clementi?

Recent resale transactions for three-bedroom HDB flats in Clementi typically transact between S$750 and S$850 per square foot, depending on floor level, unit age, and condition specifics. For units at 114 Clementi Street spanning approximately 1,528 sqft, this pricing translates to a total market range of roughly S$1.15 million to S$1.30 million—positioning the S$1.18 million figure competitively within recent comparable sales. However, price-per-square-foot metrics fluctuate monthly based on market cycle dynamics and specific transactional circumstances; buyers should verify current benchmark data through recent HDB transactions in the Clementi postcode to ensure the asking price reflects fair market value relative to competing three-bedroom offerings. Professional valuation services can provide contemporaneous market data to support purchase negotiations.

What are the Additional Buyer's Stamp Duty (ABSD) implications if I purchase 114 Clementi Street as my second residential property?

Singapore Citizens purchasing a second residential property face a 20% Additional Buyer's Stamp Duty (ABSD) on the purchase price, applied on top of standard Buyer's Stamp Duty. For a unit at S$1.18 million, the 20% ABSD equates to S$236,000—a substantial cost that increases effective purchase price to approximately S$1.416 million when combined with standard stamp duty and other acquisition costs. This ABSD burden makes second-property investments at 114 Clementi Street materially less attractive on a cash-flow basis compared to first-time buyer purchases, which enjoy lower ABSD rates or exemptions. Second-property buyers should incorporate the full ABSD liability into financial modelling and consider whether long-term capital appreciation and rental yields justify the initial acquisition cost premium. Permanent Residents and foreign buyers face different ABSD frameworks; professional tax advice is essential before committing to purchase.

What lease decay risk should I be aware of, and how does the 99-year tenure affect long-term resale value at 114 Clementi Street?

The 99-year leasehold tenure at 114 Clementi Street is standard for HDB properties and extends well beyond typical owner-occupancy periods; lease decay—where property value diminishes as the lease term shortens—becomes materially significant only in the final two decades of the lease term, a period unlikely to affect current purchasers within their ownership horizon. However, buyers must recognise that the lease is ultimately finite; properties with remaining tenures below 60 years begin attracting valuation discounts in the resale market, and such leases eventually become unmarketable. For a development like 114 Clementi Street, assuming it was built within the past few decades, the current lease term should support confident long-term ownership and resale confidence for at least 50+ years. Successive purchasers generations hence will face increasing lease-decay considerations, but this represents a distant future scenario unlikely to deter current investment decisions. Government policies regarding lease extension mechanisms may evolve; buyers should remain informed about HDB renewal and replacement initiatives that could mitigate lease-decay effects.

How does proximity to MRT stations influence demand and capital appreciation for properties at 114 Clementi Street?

The Clementi estate benefits from established MRT connectivity via Clementi Station on the East-West Line, providing direct access to central business districts and broader transport networks. Properties within reasonable walking distance (typically 400-800 metres) of MRT stations command pricing premiums of approximately 5-15% compared to peripheral locations, reflecting the convenience and liquidity advantages of excellent public transport access. 114 Clementi Street's position relative to Clementi Station should support sustained demand among commuters and enhance capital appreciation prospects during market upswings, whilst providing relative value retention during downturns due to transport accessibility offsetting other market pressures. The maturity of Clementi's transport infrastructure means future MRT expansion is unlikely to materially enhance the neighbourhood further, suggesting current transportation advantages are largely capitalised into current valuations. Buyers should verify exact walking distances and walking-route practicality to the nearest MRT station to personalise the connectivity assessment relative to their workplace and lifestyle patterns.

Which buyer profiles are best suited to purchasing at 114 Clementi Street, and which should consider alternatives?

First-time homebuyers benefit substantially from purchasing at 114 Clementi Street due to reduced ABSD obligations and the regulatory stability of HDB ownership; the generous three-bedroom configuration and S$1.18 million price point position the development as excellent value for couples or small families entering owner-occupancy. Upgraders transitioning from smaller two-bedroom flats will appreciate the expanded space and multi-bathroom convenience, making this development a logical next step in housing progression. Established families seeking permanent residential bases in mature, well-serviced neighbourhoods find 114 Clementi Street highly suitable. Owner-investors capitalising on consistent rental demand from families and professionals represent another strong buyer cohort. Conversely, luxury-seeking purchasers and high-net-worth individuals typically gravitate toward private residential developments offering contemporary design and premium amenities; HDB's regulatory constraints and more modest aesthetic features may not align with aspirational preferences. Buyers prioritising investment yields above 4-5% annually should investigate private residential or commercial property alternatives, as HDB returns remain constrained within 2-3% band.

What Debt-to-Service Ratio (TDSR) headroom exists for typical purchasers at 114 Clementi Street, and how accessible is financing?

For a unit purchased at approximately S$1.18 million with 80% loan-to-value financing (standard HDB lending), typical loan amounts approach S$944,000. At current interest rates around 4.5-5%, monthly mortgage servicing costs range from approximately S$5,350 to S$5,800, though this varies based on loan tenure (most HDB buyers select 25-30 year terms). TDSR regulations limit total monthly debt servicing to 60% of gross household income; for a household requiring only mortgage servicing (limited other debts), this implies minimum household income requirements of approximately S$9,000-S$9,700 monthly, or roughly S$108,000-S$116,000 annually. Dual-income households at this income level typically obtain comfortable mortgage approval, whilst higher-income households enjoy substantial TDSR headroom allowing additional investment or lifestyle flexibility. First-time buyers benefit from enhanced HDB loan assistance programmes and more favourable lending terms compared to second-property purchases. Prospective buyers should obtain pre-qualification from HDB or private banks to confirm exact borrowing capacity and comfortable monthly serviceability before pursuing purchase negotiations.

How does 114 Clementi Street compare to competing three-bedroom HDB developments in the vicinity?

Comparable three-bedroom HDB developments in and around Clementi include neighbouring blocks within the estate and properties in proximate areas such as West Coast and Sunset View. Price-per-square-foot comparisons typically show variation of ±5-10% based on exact block location, floor elevation, unit condition, and proximity to hawker centres or MRT stations. 114 Clementi Street's advantage derives from its established position within Clementi's neighbourhood core, where community infrastructure and local amenities have matured fully, versus newer or more peripheral developments where supporting services remain under development. Some competing blocks may offer marginally newer building components or superior renovations (depending on prior owner investment), potentially justifying differential pricing. However, the S$1.18 million entry price at 114 Clementi Street should be benchmarked against at least three to five competing three-bedroom transactions in Clementi over the past three months to validate fair-market positioning. Buyers should avoid fixating on nominal price alone; price-per-square-foot, lease term remaining, floor level, and unit-specific condition represent more meaningful comparison metrics across the competitive set.

Which unit stacks or floor levels typically offer the best value at 114 Clementi Street?

Mid-level units (typically floors 7-15) at 114 Clementi Street offer optimal value, balancing privacy and natural light against the premium pricing commanded by higher floors. Ground-to-third-floor units, whilst accessible and convenient for families with children or elderly occupants, trade a 10-15% discount due to noise, privacy, and perceived security concerns. Higher floors (16+) command premiums of 10-20% based on reduced noise, enhanced views, and greater privacy—premiums that may not translate proportionately into rental or resale value for most tenants or purchasers. For owner-occupiers prioritising comfort and long-term residence, mid-level units represent efficiency, avoiding both ground-level drawbacks and premium-pricing of penthouse-equivalent floors. For investors targeting rental yields, mid-level units offer the best balance between tenant appeal (many prefer mid-levels for safety and light balance) and purchase price efficiency. Units avoiding street-facing exposure (where applicable) often trade at modest discounts but suit buyers prioritising tranquility. Site-specific inspections should inform personal floor-level preferences, as acoustic and light characteristics vary based on development orientation and surrounding urban context.

What future supply pipeline exists for housing in the Clementi district, and how might this affect 114 Clementi Street's capital appreciation?

Clementi, as a mature estate developed decades ago, faces limited new HDB supply within the immediate vicinity; most ongoing housing development in Singapore concentrates in peripheral areas (Punggol, Sembawang, Tengah) where greenfield land availability supports master-planned new towns. This supply scarcity in central mature estates generally supports capital appreciation and rental demand, as established neighbourhoods maintain appeal whilst new supply expands only marginally. However, limited new supply also constrains demographic rejuvenation; Clementi's population gradually ages as younger families pursue newer developments, a dynamic that may moderately depress capital appreciation versus rapidly-developing areas. The Built-to-Order (BTO) scheme occasionally releases new HDB quotas in mature estates, but such releases remain sporadic and administratively controlled by HDB policy. Private residential development in the Clementi-West Coast corridor occasionally introduces competing supply for affluent upgraders, potentially fragmenting demand. Long-term, 114 Clementi Street's capital appreciation prospects appear moderate (aligned with historical HDB inflation, approximately 1-2% annually), supported by supply constraints but tempered by demographic aging and limited neighbourhood evolution. Buyers should view this development primarily as a stable, long-term residence or modest-yield investment rather than a capital-appreciation vehicle.

[For Sale] Hdb Flat At 114 Clementi Street 13 — From S$1.2M