Type

Units

Min Area

Price Range

3 BR

1119 sqft

S$699K

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$699K.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$140K 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?

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

113 Clementi Street: A Mature HDB Community in One of Singapore's Most Established Neighbourhoods

113 Clementi Street stands as a longstanding residential address in Clementi, one of Singapore's most mature and well-developed residential districts. This HDB development has served families and property investors for decades, establishing itself as a stable neighbourhood where residents enjoy the benefits of a fully-developed estate with comprehensive amenities and established community infrastructure.

The development offers units spanning approximately 1,119 square feet, with three-bedroom and two-bathroom configurations that cater to growing families and those seeking additional space. Current listings begin from S$699,000, reflecting competitive pricing within the Clementi market segment. These floor plans are designed to maximise practical living space, with layouts that separate sleeping and entertaining zones—a hallmark of mature HDB design that prioritises family comfort and functionality.

Location and Connectivity

Clementi's reputation as a residential hub rests on its exceptional connectivity and proximity to major employment centres. The neighbourhood benefits from strong transport links, including bus services that traverse the estate and connect to wider Singapore. The established nature of Clementi means residents enjoy immediate access to primary and secondary schools, shopping centres, and healthcare facilities—infrastructure typically built out over decades as the estate matures.

The district has long attracted families seeking a balanced lifestyle between urban convenience and neighbourhood quietness. Schools within the Clementi area include well-regarded primary and secondary institutions, making the estate particularly appealing to parents planning their children's education. Wet markets, supermarkets, and dining establishments are woven throughout the neighbourhood, reflecting years of organic commercial development that responds to resident needs.

Investment Perspective and Market Positioning

For property investors considering acquisition, 113 Clementi Street presents the characteristics of a mature, stable asset with established rental demand. HDB flats in well-developed Clementi typically attract tenants seeking affordable, family-friendly accommodation without the premium associated with newer estates or prime locations. The three-bedroom configuration appeals particularly to families and multigenerational households, a tenant demographic that tends toward longer tenancies and consistent rental income.

Recent transactions in the Clementi precinct suggest per-square-foot valuations that position this development competitively within the broader HDB market. Pricing at or below neighbourhood averages enhances the investment case, particularly for those purchasing as a second residential property. The maturity of the estate means major infrastructure investment by HDB is largely complete, reducing the risk of significant future enhancement charges that can erode investor returns in newer developments.

Understanding ABSD and Purchase Costs

For Singapore Citizens purchasing a second residential property, Additional Buyer's Stamp Duty at the current rate of 20% applies to the purchase price. On a S$699,000 acquisition, this represents S$139,800 in ABSD payable at the point of purchase—a material cost that must be factored into total investment outlay. Beyond ABSD, standard Buyer's Stamp Duty, legal fees, and valuation costs represent additional acquisition expenses that purchasers should quantify before proceeding.

First-time buyers remain exempt from ABSD entirely, making 113 Clementi Street an attractive entry point for those purchasing their first residential property. For upgraders moving from an existing residence to a larger family home, the ABSD calculation becomes part of the overall cost-benefit analysis—weighing the additional duty against the benefits of increased space and a more established neighbourhood.

Lease Considerations and Long-term Value

As an HDB flat, 113 Clementi Street will carry a lease structure specific to its build date and HDB tenure classification. For developments of this maturity, lease length is a critical factor in assessing long-term capital appreciation and resale ease. A property with substantial lease remaining typically maintains stronger buyer demand and experiences less steep valuation decline as years pass, compared to properties approaching lease expiry.

Prospective buyers should verify the exact lease tenure and remaining term, as this directly influences financing capacity and future saleability. Properties with declining lease terms face compounding resale headwinds—fewer years of ownership generates proportionally higher annual lease depreciation, which can compress buyer demand and reduce negotiating power when the time comes to sell.

Financing and Affordability Framework

At price points around S$699,000, financing capacity depends on individual income levels and existing debt obligations. The Total Debt Servicing Ratio (TDSR) framework caps monthly debt servicing at 60% of gross monthly income, meaning a purchaser would require gross monthly income of approximately S$5,800 to support a S$3,480 monthly servicing obligation (assuming a 25-year loan at prevailing rates).

HDB flat purchases benefit from housing loans offered by HDB itself at competitive rates, as well as from commercial banks competing for the segment. The standardised nature of HDB properties and their established rental markets make them relatively straightforward for lenders to underwrite, typically resulting in faster approval timelines and lower processing costs compared to private residential acquisitions.

Suitability for Different Buyer Profiles

First-time homebuyers find 113 Clementi Street particularly appealing due to affordability, the absence of ABSD, and access to HDB's favourable financing terms. Young families upgrading from two-bedroom flats discover the three-bedroom layout expands living flexibility without stretching into the private residential market premium. Investors sourcing stable rental yield appreciate the established tenant demographics, lower acquisition costs relative to private property, and the administrative simplicity of HDB flat ownership.

Empty nesters downsizing from larger landed properties or newer private condominiums may view 113 Clementi Street as a cost-efficient alternative that preserves residential quality whilst releasing capital. The neighbourhood's maturity and full amenity suite appeal to those prioritising convenience and established community over newness or cutting-edge design.

District Supply and Market Dynamics

Clementi's supply pipeline remains constrained by its mature status—the district is largely fully-developed, with limited land available for new residential projects. This supply scarcity underpins long-term capital stability for existing properties, as demand continues to press against a fixed or shrinking stock. Unlike newer estates experiencing rapid supply growth, Clementi benefits from natural supply limitations that support baseline demand across the neighbourhood's property stock.

The absence of major new residential launches in the immediate area means 113 Clementi Street faces minimal cannibalisation risk from competing developments. Buyers unable to secure stock in this established neighbourhood typically must look further afield to newer estates, reducing direct competitive pressure on pricing and demand for existing Clementi properties.

Unit Selection Strategy

Within a mature HDB block, unit orientation, floor level, and position relative to lift lobbies influence both enjoyment and long-term saleability. Higher floor units typically command modest premiums, reflecting preferred natural light and reduced noise exposure. Units positioned away from lift lobbies and main staircases attract owner-occupiers and premium-paying tenants, whilst more accessible units appeal to elderly residents and those prioritising convenience over privacy.

Mid-floor units often present optimal value, balancing premium pricing against accessibility and safety concerns associated with very high or very low floors. East or north-facing units benefit from morning light without excessive heat gain, whilst units overlooking communal gardens or parks command subtle premiums driven by aesthetic appeal and perceived environmental quality.

113 Clementi Street represents a pragmatic residential choice for Singapore families and investors seeking stability, affordability, and the proven liveability of an established neighbourhood. The combination of accessible pricing, proven rental demand, and exceptional neighbourhood maturity creates a straightforward value proposition for owner-occupiers and portfolio investors alike.

Frequently Asked Questions

What rental yield can investors expect from purchasing a unit at 113 Clementi Street?

Three-bedroom HDB flats in established Clementi typically generate annual rental yields between 3% and 4.5%, depending on exact unit configuration, floor level, and market conditions at the time of rental listing. At a purchase price around S$699,000, a 3.5% gross yield translates to approximately S$24,465 in annual rental income, before accounting for property tax, maintenance contributions, and utility outages during void periods. The mature nature of Clementi and its established family demographics create consistent tenant demand, particularly from expat families and multi-generational households seeking affordable, fully-serviced living in an established neighbourhood. Investors should note that HDB rental ceilings and eligibility restrictions may apply depending on the exact lease tenure and HDB regulations at the time of letting.

How do per-square-foot prices at 113 Clementi Street compare to recent HDB transactions in the same district?

At approximately S$624 per square foot (based on S$699,000 for a 1,119 sqft unit), 113 Clementi Street sits competitively within the Clementi HDB market, reflecting the stabilised pricing typical of mature estates where supply is constrained and demand remains consistent. Recent comparable transactions in nearby Clementi blocks typically range from S$600 to S$660 per sqft, with variation driven by floor level, unit orientation, remaining lease tenure, and unit age. The development's pricing positions it attractively for upgraders and investors seeking value without sacrificing neighbourhood quality or established amenities. Buyers should compare the exact remaining lease tenure and any outstanding defects liability period, as these factors materially influence per-sqft comparisons across seemingly similar units in the same area.

What is the ABSD impact for a Singapore Citizen purchasing a second residential property at 113 Clementi Street?

Additional Buyer's Stamp Duty for a Singapore Citizen's second residential property purchase is currently levied at 20% of the purchase price. On a S$699,000 acquisition, this translates to S$139,800 in ABSD payable at completion—a substantial upfront cost that materially increases total acquisition expense and must be carefully factored into investment planning. Beyond ABSD, standard Buyer's Stamp Duty, legal fees, survey costs, and valuation charges typically total a further 3% to 4% of purchase price, meaning total acquisition costs approach 25% of the purchase price for second-property buyers. These costs are non-recoverable and reduce immediate equity, making yield projections particularly important for investor purchasers who must achieve consistent rental income to offset the elevated entry cost over the holding period.

What lease decay risk exists at 113 Clementi Street, and how does it affect future resale value?

The critical factor in assessing lease decay risk is the exact remaining lease tenure of the property—HDB flats carry standard 99-year or 999-year leases depending on their build era and tenure classification. Properties in their final 30 years of lease typically experience accelerated valuation decline, with per-sqft pricing falling 10% to 15% as remaining term depletes further. For a mature estate like Clementi, properties approaching lease expiry become increasingly difficult to finance (banks restrict lending on leases below 30 years remaining) and face shrinking buyer pools, making future exit more challenging regardless of neighbourhood quality. Prospective purchasers should obtain the exact remaining lease tenure from HDB records before committing, as this single factor can determine whether the property maintains stable value over a 20-year holding period or experiences compounding depreciation in its final decade.

How does proximity to nearby MRT connectivity affect demand and capital appreciation for 113 Clementi Street?

Clementi's transport connectivity, whilst established, may not feature an MRT station within immediate walking distance depending on the exact address location—this proximity directly influences daily commute times, property desirability, and long-term capital appreciation potential. Properties with MRT access within 400 metres (approximately five minutes' walk) typically command 8% to 12% premiums over comparable units further from stations, reflecting the time-value of commuting and reduced reliance on car ownership. The neighbourhood benefits from comprehensive bus services that provide effective transport connectivity across Clementi and to wider Singapore, creating a mixed-mode transport environment that appeals to cost-conscious residents and investors. For capital appreciation purposes, properties in established estates like Clementi without direct MRT access experience slower appreciation rates than similar properties in newly developed MRT-connected precincts, though this slower appreciation is offset by lower entry prices and proven rental stability.

Which buyer profiles are best suited to purchasing at 113 Clementi Street?

First-time homebuyers benefit substantially from 113 Clementi Street's accessibility—the absence of ABSD liability, straightforward HDB financing, established neighbourhood infrastructure, and competitive pricing create an ideal entry-level property. Young families upgrading from smaller two-bedroom flats discover the three-bedroom layout provides essential space for growing children without the premium pricing of private residential developments or newer estates. Buy-to-let investors source stable, predictable rental income from the established tenant demographic (families, expatriates, multi-generational households) whilst benefiting from lower acquisition costs and HDB's administrative simplicity compared to private property management. Owner-occupiers seeking value and established amenity (schools, shops, transport, healthcare) find Clementi's maturity attractive, though those prioritising cutting-edge design or waterfront living would be better served by newer developments.

What TDSR headroom exists at typical 113 Clementi Street price points, and what income levels enable comfortable financing?

At a S$699,000 purchase price with standard 25-year HDB financing at approximately 2.6% interest, monthly loan servicing approximates S$3,480. Under the TDSR cap of 60% gross monthly income, a purchaser requires minimum gross monthly income of approximately S$5,800 to qualify for full financing, though most lenders recommend income of S$7,000 to S$8,000 for comfortable debt headroom and ability to sustain payments through income volatility or interest rate movements. Couple purchasers combining household incomes substantially exceed these thresholds, enabling greater borrowing capacity and reduced reliance on downpayment savings. Purchasers with existing debt obligations (car loans, credit cards, other mortgages) must deduct those monthly servicing amounts from their available TDSR capacity, potentially reducing maximum borrowing and requiring larger cash downpayments to bridge the gap. HDB's progressive lending framework occasionally permits slightly elevated TDSR for first-time buyers, so prospective purchasers should consult HDB directly regarding their specific eligibility and borrowing capacity.

How does 113 Clementi Street compare to competing HDB developments nearby or in adjacent Clementi areas?

Clementi's established nature means most competing supply originates from existing HDB blocks of similar maturity rather than from new launches—this creates a relatively static competitive set where differentiation occurs through specific unit orientation, remaining lease tenure, and maintenance condition rather than through amenity or architectural innovation. Nearby Clementi HDB blocks typically price within S$600 to S$750 per sqft for three-bedroom units, placing 113 Clementi Street competitively within that range—purchasers should compare exact remaining lease, floor level, and unit condition against block-by-block alternatives to identify relative value. New HDB developments in neighbouring West Coast or upcoming launches in other districts represent more significant competitive threats, as they offer modern design, potentially longer leases, and contemporary amenities at comparable price points. For purchasers prioritising established neighbourhood liveability and reduced commute times over newer design, 113 Clementi Street's competitive position strengthens considerably, as competing new developments often emerge in peripheral areas requiring longer commutes to major employment centres.

Which unit stack or floor levels at 113 Clementi Street offer optimal value relative to premium pricing?

Mid-floor units (typically floors 3 to 8 in a standard 10-storey HDB block) present optimal value propositions, commanding modest premiums over lower floors whilst avoiding the safety and noise concerns that depress lower-floor pricing or the premium pricing associated with highest floors. Units positioned away from main lift lobbies and staircases attract premiums 5% to 8% above comparable units directly adjacent to circulation areas, reflecting reduced noise exposure and enhanced privacy—this represents meaningful value for long-term owner-occupiers but may be over-paid by investors prioritising pure yield. East or north-facing units benefit from morning light without excessive afternoon heat gain, typically trading at 3% to 5% premiums over west-facing units that experience heat stress and glare during afternoon hours. For investors, standard mid-floor units with standard orientation often provide superior yield relative to premium, as the acquisition price is moderated whilst the rental appeal remains strong for practical tenants unconcerned with orientation subtleties.

What future supply pipeline exists in Clementi district, and how does it affect long-term capital appreciation for 113 Clementi Street?

Clementi's mature, fully-developed status means the future residential supply pipeline is substantially constrained—the district contains minimal vacant land suitable for significant new residential development, and most HDB redevelopment projects in established areas remain uncertain and typically span many years from announcement to completion. This supply scarcity creates a structural advantage for existing properties like 113 Clementi Street, as demand continues to press against a fixed or shrinking stock, supporting baseline price stability and gradual appreciation compared to newer estates experiencing rapid supply growth or competing projects from multiple developers. Prospective new HDB launches, if any occur in adjacent districts like West Coast or Bukit Timah, represent indirect competitive pressure by capturing some buyer demand that might otherwise flow to Clementi's existing stock—however, such launches typically target first-time buyers or specific family profiles, reducing cannibalisation of mid-market Clementi properties. The absence of major redevelopment risk means 113 Clementi Street's neighbourhood character and property stocks remain relatively stable over multi-decade holding periods, beneficial for investors and owner-occupiers prioritising predictability over explosive appreciation.

Hdb Flat At 113 Clementi Street 13 — From S$699K