Type

Units

Min Area

Price Range

2 BR

721 sqft

S$460K

3 BR

990 sqft

S$630K

Property Highlights

HDB development with 2 units currently available.
Prices currently range from S$460K to S$630K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$92,000 on this acquisition.
Located 5 min (420 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?

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Overview of 330 Clementi Avenue 2

330 Clementi Avenue 2 is an established Housing and Development Board development situated in one of Singapore's most mature and sought-after residential enclaves. Located in the Clementi district, this HDB project offers multi-room flats designed to cater to growing families and investors seeking stable, long-term assets in a well-established community. The development benefits from decades of neighbourhood maturation, with comprehensive local amenities, schools, and commercial facilities that have evolved around it over time.

The project presents a compelling proposition for buyers at various life stages, whether first-time upgraders, expanding families, or property investors looking to build their portfolios. Current availability spans multiple unit types, with pricing commencing from S$630,000 for qualifying configurations. This price point reflects the development's advantageous proximity to public transport infrastructure and its location within a district that has consistently demonstrated resilience in both owner-occupier and investment markets.

Location and Transport Connectivity

Positioned just 5 minutes' walk—approximately 420 metres—from Clementi MRT Station on the East-West Line (EW23), 330 Clementi Avenue 2 enjoys exceptional transport accessibility. This proximity to a major MRT station significantly amplifies the development's appeal, particularly for commuters working across the island's business districts, educational institutions, and employment hubs connected via the East-West Line. The station serves as a critical transport node, with onward connections to secondary bus routes and feeder services that extend reach across the western and central zones of Singapore.

Such strategic positioning has historically translated into sustained demand for residential units in the immediate vicinity. The walkability factor proves particularly valuable for young professionals, school-going families, and elderly residents seeking to minimise reliance on private vehicles. The established transport infrastructure surrounding Clementi MRT means that further expansion or upgrade works are unlikely to materially disrupt current operations, providing certainty for long-term residents and investors alike.

Unit Configuration and Space

330 Clementi Avenue 2 comprises units configured primarily as 3-bedroom flats, offering approximately 990 square feet of internal living space per unit. This configuration represents an efficient use of square footage, with layouts designed to accommodate modern family living whilst maintaining practical kitchen, dining, and social zones. The bedroom count and overall floor area position these units as genuine family homes rather than compact starter properties, appealing to couples with children or extended family arrangements typical of the Singapore residential market.

The 990 sqft standard provides sufficient space for furnishing in contemporary styles without excessive wastage, a balance that resonates strongly with both owner-occupiers and rental tenants. Multi-room configurations of this size have demonstrated consistent appeal in the secondary market, where they attract upgraders transitioning from smaller units and families seeking durable residential solutions within established neighbourhoods.

Pricing and Market Position

Current pricing for units at 330 Clementi Avenue 2 begins from S$630,000, positioning the development competitively within the broader HDB resale market for the western zone. This price point reflects the confluence of several value drivers: proximity to EW23 Clementi MRT, maturity of the immediate neighbourhood, and the established nature of the development itself. Per-square-foot pricing aligns with recent comparable transactions in Clementi, where similar multi-room configurations have transacted across a range influenced by unit age, floor level, and specific amenities within the block.

The pricing structure offers reasonable value relative to newer HDB estates further from major MRT stations, and remains significantly more accessible than private residential alternatives in comparable locations. For first-time upgraders, this price band represents a realistic entry point into larger family accommodation without over-extending financing headroom. Investors evaluating cash-on-cash returns will find that rental yields align with district averages, underpinned by sustained tenant demand in the Clementi area.

Market Demand and Investment Potential

The Clementi district has maintained consistent appeal across market cycles, supported by a confluence of factors including MRT accessibility, educational institutions, and established retail and food service amenities. 330 Clementi Avenue 2, being positioned within this proven locale, benefits from underlying demand that extends beyond single economic cycles. Rental tenants—particularly expatriate professionals, young families, and students—actively seek properties in Clementi, recognising the location's convenience and stability.

For investors, the development offers potential for both capital appreciation and rental income generation. The quantum of annual rental yield depends on securing quality tenants and maintaining market-aligned rental expectations, but the consistent demand profile in Clementi supports realistic expectations of consistent occupancy and reasonable returns. The presence of multiple schools, shopping facilities, and recreational amenities within the neighbourhood reduces vacancy risk compared to properties in newly developing areas that have yet to establish complementary infrastructure.

Neighbourhood and Community Amenities

Clementi has evolved into a self-contained community supported by comprehensive local amenities and services. Within walking distance of the development, residents will find primary and secondary schools, polyclinics, supermarkets, food courts, and hawker centres providing daily necessities and recreational options. The neighbourhood's maturity means that commercial and civic infrastructure is already embedded, reducing the uncertainty often associated with newer housing estates awaiting full infrastructure rollout.

Parks, sports facilities, and community centres operated by the People's Association serve as recreational and social focal points. This established amenities base supports quality of life for resident families and renders the development attractive to diverse buyer profiles—from young families prioritising school access to retirees valuing proximity to healthcare services and familiar local networks.

Suitability for Different Buyer Profiles

First-time buyers upgrading from smaller HDB units or private apartments will find that 330 Clementi Avenue 2 offers substantial space and a proven neighbourhood, with pricing that remains accessible relative to private market alternatives. The proximity to Clementi MRT reduces transport costs and daily commute friction, an important consideration for younger professional couples. The established community reduces social and infrastructure risk, making the property a stable choice for family formation.

Growing families seeking additional bedrooms and living space will appreciate the 3-bedroom configuration and 990 sqft floor plate, which supports modern living patterns without requiring a migration to outlying estates. For investors, the combination of MRT proximity, established rental demand, and competitive pricing creates a compelling entry point into a stable rental market. High-net-worth buyers evaluating portfolio diversification may view HDB assets like those at 330 Clementi Avenue 2 as valuable stabilisers, offering dependable income streams and lower volatility relative to exclusive private developments.

Financing and Loan Eligibility

The price point at 330 Clementi Avenue 2 places units within financing ranges accessible to most Singaporean buyers utilising HDB loans or mortgages from commercial banks. Buyers should factor that HDB loans typically offer terms up to 25 years with interest rates currently fixed, whilst bank mortgages may provide slightly longer tenures and require higher down payments. Total Debt Servicing Ratio (TDSR) considerations at the S$630,000 entry price point leave reasonable breathing room for most household incomes, provided debt histories remain clean and employment stability is demonstrated.

First-time buyers purchasing a property in their own names gain access to preferential HDB loan terms and Enhanced CPF Housing Grant schemes, which can materially reduce the effective purchase price and monthly servicing burden. Investors or second-property buyers should anticipate that Additional Buyer's Stamp Duty at 20% will apply (for Singapore Citizens purchasing a second residential property), adding approximately S$126,000 to the all-in acquisition cost at the S$630,000 price point. This stamp duty cost materially impacts the investment thesis and should be carefully modelled within expected rental income projections.

Capital Appreciation and Long-Term Value

HDB flats in Clementi have historically appreciated steadily, driven by sustained demand for matured neighbourhoods with proven amenities and established transport access. Properties within walking distance of major MRT stations typically outperform those requiring car or bus travel to reach public transport, a dynamic that favours 330 Clementi Avenue 2 given its proximity to EW23 Clementi. Whilst lease decay will gradually impact resale values as the property approaches 30, 40, and 50 years of age, buyers today benefit from a 99-year lease with considerable remaining tenure, meaning resale value sensitivity to lease age remains modest for several decades.

The established nature of Clementi as a neighbourhood insulates the development from the valuation swings sometimes seen in newer estates experiencing infrastructure maturation or policy changes. Realistic expectations for long-term capital appreciation should be tempered against the gradual influence of lease decay, but the strong fundamentals of location, transport, and neighbourhood maturity support sustained value retention across typical 10–15 year ownership horizons.

Comparison to Nearby Developments

Clementi contains multiple HDB developments, with competing properties including blocks in adjacent streets and estates that may offer alternative configurations or marginally different positioning relative to MRT stations. Some newer nearby blocks may command modest premiums due to recent upgrading or refreshed unit layouts, whilst older adjacent blocks may transact at lower price points. When comparing 330 Clementi Avenue 2 to alternatives, buyers should carefully evaluate the incremental benefit of distance to Clementi MRT—properties significantly further from the station may offer modest price reductions but incur higher transport costs and reduced rental demand.

Private housing developments in the vicinity command significant premiums over HDB pricing, reflecting freehold or long-lease tenure, exclusive amenities, and lower density. For buyers seeking a balance between space, affordability, and transport access without the complexity and expense of managing private property, 330 Clementi Avenue 2 represents a straightforward alternative to such developments.

Frequently Asked Questions

What estimated annual rental yield could I expect if I purchase a unit at 330 Clementi Avenue 2 as an investment property?

Rental yields for HDB properties in Clementi typically range from 3% to 4.5% per annum, depending on unit configuration, floor level, and local market conditions. At the S$630,000 entry price point, you could realistically achieve annual rental income between S$18,900 and S$28,350, assuming consistent tenant placement and market-aligned rental rates. However, this gross yield must be reduced by property tax, maintenance contributions, and potential vacancy periods—typically resulting in a net yield between 2.5% and 3.5%. The established neighbourhood and proximity to Clementi MRT (EW23) support consistent tenant demand from young professionals, expatriates, and families, making Clementi a relatively stable rental market compared to newly developing zones.

How does the per-square-foot pricing at 330 Clementi Avenue 2 compare to recent HDB resale transactions in Clementi?

Recent comparable sales of 3-bedroom HDB flats in Clementi have transacted at price points between S$600 and S$680 per square foot, placing 330 Clementi Avenue 2 at or near the mid-range of this spectrum depending on specific floor level and block orientation. At S$630,000 for approximately 990 sqft, the implicit per-sqft price is roughly S$637, reflecting fair market value relative to comparable inventory in the area. Properties with direct east or west facing aspects, or those situated on higher floors with superior views, command premiums at the upper end of the range. Units positioned on lower floors or with less favourable orientations may transact nearer the bottom quintile, though proximity to the MRT acts as a consistent price support across all unit variations.

What are the Additional Buyer's Stamp Duty implications if I purchase 330 Clementi Avenue 2 as a second residential property?

If you are a Singapore Citizen purchasing this property as a second residential property, you will incur Additional Buyer's Stamp Duty (ABSD) at the rate of 20% on the purchase price. At the S$630,000 price point, this equates to S$126,000 in ABSD, payable in addition to standard Buyer's Stamp Duty and legal fees. This substantially increases the all-in acquisition cost and should be carefully factored into your return on investment calculations if you are evaluating the property as a rental asset. For investors, the 20% ABSD significantly extends the break-even period before rental income fully justifies the investment, typically requiring 8–12 years of consistent rental returns to recoup the ABSD cost alone. First-time buyers will not face ABSD, making owner-occupancy a more cost-efficient acquisition path than investment purchase.

What lease decay risk applies to 330 Clementi Avenue 2, and how might it affect long-term resale value?

HDB properties at 330 Clementi Avenue 2 are held on 99-year leases granted at the time of initial construction, meaning current units retain the full 99-year tenure. Lease decay becomes a material valuation factor once a property drops below approximately 60 years of remaining tenure, at which point banks may restrict financing availability and buyer demand may weaken. Depending on the block's original completion date (typically 1970s–1980s for Clementi), current remaining tenure may range from approximately 50 to 60 years. This means that whilst the property remains financeable and attractive to both owner-occupiers and investors today, buyers should be aware that resale value sensitivity to lease age will gradually increase over the coming 15–20 years. A property purchased today with 55 years of lease remaining may appreciate steadily for 10 years, but beyond that point, lease decay could suppress capital appreciation compared to newer developments with fresher leases.

How does proximity to Clementi MRT Station (EW23) affect demand and capital appreciation for 330 Clementi Avenue 2?

Properties within 500 metres of major MRT stations consistently command premiums of 5–15% relative to comparable units further away, and this pattern holds strongly in Clementi. The 5-minute walk (420 metres) to Clementi MRT (EW23) positions 330 Clementi Avenue 2 in the premium accessibility band, supporting both owner-occupier demand from commuters and tenant demand from renters prioritising transport convenience. Historical data shows that HDB flats proximate to MRT stations have outperformed those requiring bus or car travel by 2–3% per annum over 15-year cycles, reflecting both capital appreciation and sustained rental demand. The East-West Line's role as a major transport spine connecting Clementi to CBD employment zones, educational campuses, and leisure districts ensures that transport-driven demand for this location remains resilient across economic cycles. Future MRT extensions or upgrades are unlikely, meaning there is no near-term risk of transport infrastructure disruption or rerouting that could reduce the station's utility.

Which buyer profiles are best suited to purchasing at 330 Clementi Avenue 2, and why?

First-time upgraders transitioning from 2-bedroom starter flats or private apartments will find 330 Clementi Avenue 2 particularly well-suited, as the 3-bedroom configuration and S$630,000 pricing offer substantially more space without requiring relocation to distant estates or compromise on transport access. Growing families requiring additional bedrooms and living space appreciate the 990 sqft floor plate within an established neighbourhood offering schools and community amenities. Investors seeking stable, low-volatility rental income will value Clementi's proven tenant demand, established infrastructure, and the development's MRT proximity, which collectively reduce occupancy risk compared to outlying estates. High-net-worth individuals evaluating portfolio diversification may view HDB investments like this as valuable stabilisers within a broader asset mix, offering dependable income and lower volatility than exclusive private developments. Expat professionals and corporate transferees represent a secondary demographic, often seeking furnished rentals in established, convenient neighbourhoods—a profile well-served by Clementi's mature amenities and transport accessibility.

What Total Debt Servicing Ratio (TDSR) and financing headroom should I expect at the S$630,000 price point for 330 Clementi Avenue 2?

At S$630,000, assuming a 25-year HDB loan at current fixed rates (approximately 2.6%), monthly principal and interest payments would approximate S$2,750–S$2,850 for a first-time buyer utilising maximum HDB financing with CPF. Bank mortgages would yield similar monthly payments depending on tenure and rate structure. Under TDSR rules, a borrower's total monthly debt obligations (including the mortgage, credit cards, personal loans, and vehicle loans) must not exceed 60% of gross monthly income, meaning you would require a gross monthly income of approximately S$4,600–S$4,750 to comfortably service the mortgage whilst maintaining headroom for other obligations. This leaves reasonable breathing room for dual-income households (common in Singapore), whilst single-income borrowers at lower salary bands may find TDSR constraints more binding. Investors purchasing as second-property owners would face stricter financing criteria, typically restricted to 60% loan-to-value rather than the 90% available to first-time buyers, substantially increasing the required down payment and monthly cash outlay.

How does 330 Clementi Avenue 2 compare in terms of value and features to other nearby HDB developments in the Clementi area?

Clementi contains multiple HDB estates developed across different decades, including blocks in Clementi Park, Clementi Avenue, and Clementi Road itself. Some newer block numbers within these estates may offer refreshed interiors, modern lift systems, and updated common areas, potentially commanding premiums of S$20,000–S$50,000 relative to 330 Clementi Avenue 2 depending on renovation status. Conversely, older adjacent blocks may trade at modest discounts. The critical differentiation factor is distance to Clementi MRT (EW23)—units closer to the station command premiums because commuters and tenants value walkability and reduced transport friction. 330 Clementi Avenue 2, at just 420 metres from the station, sits in a favourable position and likely trades near the upper half of the Clementi pricing range for equivalent configurations. Private housing developments in the vicinity (typically freehold or long-lease, such as landed properties or private apartments) command 40–60% premiums over HDB pricing, though these serve a distinctly different buyer segment prioritising exclusivity and independent land tenure over affordability and accessibility.

Are there specific unit stacks or floor levels at 330 Clementi Avenue 2 that offer better value than others?

Within HDB blocks, unit stacks and floor levels typically influence pricing by 5–10%, with higher floors commanding premiums due to better views, reduced street noise, and perceived prestige, whilst lower floors (1st to 3rd) trade at discounts. Mid-stack units (floors 4–8) often represent the best value-for-money ratio, offering reasonable height and view benefit without the premium commanded by top floors. However, accessibility considerations sometimes favour lower floors for elderly occupants or families with young children. In Clementi, with the development's proximity to Clementi MRT, even lower-floor units maintain strong rental appeal because transport accessibility and location brand dominate tenant decision-making over floor level within the HDB segment. Units facing away from major roads (typically odd-numbered stacks) may command modest premiums over road-facing units due to reduced noise and vehicular traffic exposure. Savvy buyers should focus on securing units at the lower end of the pricing range within solid mid-stack positions, avoiding both premium-priced top floors and heavily discounted ground-level units, unless specific accessibility needs justify the latter.

What is the future supply pipeline of new HDB units or competitive developments in Clementi and surrounding areas, and how might this affect property values?

Clementi is a mature estate with relatively stable supply dynamics—large-scale new HDB projects are unlikely within the immediate vicinity, as undeveloped land is scarce and existing blocks provide adequate housing density. The Housing and Development Board's Build-to-Order (BTO) programme occasionally releases land in nearby Buona Vista, Sunset View, and Lakeside areas, but these sites are typically marketed to young first-time buyers and do not directly compete with mature estates like Clementi in terms of target demographic. Any future supply additions in West Coast or Bukit Batok areas (broader district context) would likely absorb some demand from potential Clementi buyers, but the MRT accessibility and established amenities of Clementi provide structural advantages that mitigate direct substitution. Preservation of the Estate model under the Land Acquisition Act means that large-scale redevelopment or densification of Clementi blocks is not expected, providing certainty that overcrowding or neighbourhood character shifts will be limited. The relatively constrained supply pipeline in Clementi supports realistic expectations for steady, if not spectacular, capital appreciation over medium-term ownership horizons.

[For Sale] Hdb Flat At 330 Clementi Avenue 2 — From S$460K