Type

Units

Min Area

Price Range

3 BR

1000 sqft

S$4,500/mo

Property Highlights

HDB development with 1 unit currently available.
Prices currently start from S$4,500.
For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$900 on this acquisition.
Located 6 min (470 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.

374 Clementi Avenue 4: A Mature HDB Development in West Singapore

374 Clementi Avenue 4 stands as an established Housing and Development Board (HDB) development situated in the heart of Clementi, one of Singapore's most mature and well-integrated residential precincts. Located in the western corridor of the island, this development offers the convenience of an urban neighbourhood with the stability of a decades-old estate where community infrastructure has already matured and amenities are deeply embedded within the fabric of daily life.

The development's proximity to Clementi MRT Station (EW23) represents a significant draw for commuters and investors alike. Situated just 470 metres away—approximately a six-minute walk—residents benefit from direct access to the East-West Line, which connects them to the central business districts of Raffles Place and Shenton Way in the east, as well as Jurong industrial and commercial zones to the west. This central positioning on a major transport corridor has historically made Clementi a magnet for working professionals who value both residential calm and rapid access to employment hubs across the island.

Neighbourhood Character and Accessibility

Clementi has evolved over decades into a self-contained residential ecosystem. The area surrounding 374 Clementi Avenue 4 is characterised by a mix of HDB flats, neighbourhood shops, hawker centres, and family-oriented facilities. The mature estate setting means that essential services—wet markets, supermarkets, medical clinics, and schools—are readily accessible within walking distance or a short bus ride. This established infrastructure appeals strongly to families seeking stability and to investors targeting rental demand from working professionals and young families.

The neighbourhood's well-developed transport network extends beyond the MRT. Multiple bus routes service the Clementi precinct, providing lateral connectivity to neighbouring estates and commercial zones. This multi-modal accessibility has historically supported both stable resale demand and consistent rental enquiries, making the development an attractive option for various buyer and investor cohorts.

Unit Availability and Configuration

The development currently offers units available for sale across a range of configurations and floor levels. Prospective buyers can expect to find options that cater to different household sizes and lifestyle preferences. The building's established layout and proven floor plans mean that buyers can benefit from decades of lived experience—understanding which aspects of the unit design tend to retain value and which configurations appeal most consistently to the rental market.

Units within the development are typically sized between 1,000 and 1,200 square feet, offering functional living spaces that have remained attractive to middle-income buyer segments throughout Singapore's property cycles. The availability of multiple-bedroom configurations ensures that both first-time buyers seeking an entry point into HDB ownership and upgraders looking for additional space can find suitable options.

Investment Potential and Market Position

From an investment standpoint, 374 Clementi Avenue 4 occupies an interesting position within the broader Clementi market. The development's maturity works in its favour—it is an established, well-known address with a predictable rental pool. Tenants seeking HDB accommodation in Clementi—whether young professionals, working families, or international assignees—often specifically target mature estates in this precinct due to their proven livability and transport credentials.

The rental yield potential for units within this development is influenced by several factors. The proximity to Clementi MRT Station and the availability of amenities mean that rental enquiries tend to remain relatively consistent throughout market cycles. Units on higher floors with unobstructed views may command a modest rental premium, whilst corner units and those with efficient layouts tend to attract tenants more rapidly. Gross rental yields in this estate have historically ranged between 3% and 4% depending on unit size, configuration, and prevailing market conditions.

Buyers considering this development as an investment property should note the implications of Additional Buyer's Stamp Duty (ABSD) if they already own a residential property in Singapore. Singapore citizens purchasing a second residential property are subject to ABSD at 20% of the property's purchase price, substantially increasing the effective cost of acquisition. This tax consideration is a critical part of investment feasibility analysis and should be factored into gross yield calculations and exit strategy planning.

Lease Tenure and Long-Term Value

As an HDB development, units at 374 Clementi Avenue 4 are issued on a 99-year leasehold basis from the date of first occupation. Lease tenure has become an increasingly important consideration in the HDB resale market, particularly for older developments. The remaining lease length directly impacts a property's mortgage eligibility, insurance costs, and future resale appeal.

Buyers should undertake thorough due diligence regarding the original construction date and consequent lease commencement in order to assess the trajectory of lease decay and its implications for long-term capital preservation. Properties approaching the 60-year mark in lease duration may encounter financing restrictions from some institutional lenders, whilst properties below 40 years remaining lease face significantly reduced resale pools. Investors should carefully model the rental and resale timelines against the lease profile to ensure the investment thesis remains robust over the intended holding period.

Market Comparison and Positioning

Within the broader Clementi HDB market, 374 Clementi Avenue 4 competes against neighbouring estates and other developments within walking distance of the MRT station. The development's central location places it at a competitive advantage relative to Clementi properties situated further from the MRT corridor. Recent transactions in the Clementi HDB market have reflected price-per-square-foot variations reflecting lease tenure, floor level, unit configuration, and view quality, with established estates like this one typically commanding prices in line with or slightly above the estate average, depending on individual unit attributes.

Prospective buyers and investors would benefit from reviewing recent comparable transactions within Clementi to contextualise current asking prices. The HDB resale market in mature estates is highly transparent, with transaction data readily available through HDB's official records. This transparency supports informed decision-making and helps identify outlier valuations.

Suitability for Different Buyer Profiles

First-time HDB buyers may find 374 Clementi Avenue 4 an accessible entry point. The development's maturity and proven track record reduce perceived risk, whilst the MRT proximity and established neighbourhood character appeal to buyers prioritising connectivity and quality of life. First-timers benefit from the estate's transparent rental demand profile, which can later facilitate a smooth transition to renting out the unit should personal circumstances require mobility.

Upgraders seeking additional space or improved amenities may be drawn to this development if they currently occupy smaller HDB units elsewhere in Singapore. The Clementi location offers a reasonable geographical compromise for those working across multiple employment zones, and the stable neighbourhood setting appeals to families with school-age children.

High-net-worth individuals considering HDB investment may view this development as a steady, lower-volatility addition to a diversified property portfolio. Institutional investors and funds increasingly recognise the resilience of mature HDB assets in prime locations, particularly those with MRT connectivity. The combination of stable rental income and potential for gradual capital appreciation—modulated by lease decay effects—aligns with institutional risk-return profiles targeting long-term residential income streams.

Financing and Debt Service Considerations

Buyers utilising mortgage financing to purchase units in this development should anticipate Debt-to-Service Ratio (TDSR) assessments from their lenders. The TDSR framework, administered by the Monetary Authority of Singapore, limits borrowers' monthly debt servicing obligations (including the proposed HDB mortgage) to 60% of gross monthly income. At typical price points within this development, buyers with a household income of approximately S$7,000 to S$8,000 per month would comfortably meet TDSR requirements for a 25-year mortgage at prevailing interest rates.

Buyers purchasing at the higher end of the available price range should model their specific income profile against projected mortgage payments to ensure adequate financing headroom. Lenders typically require a minimum 5% down payment for HDB purchases, meaning buyers will need liquid capital available. Stress-testing the mortgage against potential interest rate rises—particularly important given the current interest rate environment—ensures that the purchase remains sustainable over the full loan tenure.

Future Development Pipeline and District Trends

The Clementi precinct is a mature estate with limited large-scale redevelopment potential. New HDB supply in Singapore is increasingly concentrated in newer growth districts such as Punggol, Yishun, and Sembawang. This structural supply constraint in established precincts like Clementi has historically supported long-term price resilience for existing estates, as the replacement cost for comparable new housing in the same location remains substantially higher than resale prices in older developments.

Government urban renewal initiatives, whilst not imminent for Clementi, remain a long-term consideration. The Building and Construction Authority's (BCA) retrofitting programmes have improved energy efficiency and safety standards across older HDB estates, supporting property appeal without requiring wholesale redevelopment. Buyers and investors should remain informed about any announced upgrading initiatives that might affect this development, as such programmes can enhance desirability and support marginal capital appreciation.

Conclusion

374 Clementi Avenue 4 represents a stable, mature HDB development positioned advantageously within a well-connected and established residential precinct. The proximity to Clementi MRT Station, combined with the estate's proven livability and rental demand profile, ensures this development remains relevant across multiple market cycles and buyer segments. Whether purchased as an owner-occupied residence or as an investment asset generating rental income, units at this development offer the twin attractions of established neighbourhood character and transport accessibility that have historically underpinned long-term property value in Singapore's mature HDB estates.

Frequently Asked Questions

What is the estimated rental yield for units at 374 Clementi Avenue 4?

Gross rental yields for units within this development typically range between 3% and 4% per annum, depending on unit size, floor level, and prevailing market rental rates. A 3-bedroom, 1,000 square-foot unit might generate monthly rental income of approximately S$1,200 to S$1,500, translating to this yield band. However, investors should deduct property tax, maintenance fees, and potential vacancies from gross yield to arrive at net yield. The development's proximity to Clementi MRT Station and established rental demand from working professionals support consistent tenant enquiries throughout the year, reducing vacancy risk compared to less accessible locations.

How do current prices at 374 Clementi Avenue 4 compare to recent price-per-square-foot transactions in Clementi?

HDB prices in the Clementi precinct vary considerably based on lease tenure remaining, floor level, and unit configuration. Recent comparable transactions in Clementi HDB estates have ranged from approximately S$8,000 to S$10,000 per square foot, with newer-lease or higher-floor units commanding premiums within this range. Units at 374 Clementi Avenue 4 should be benchmarked against these comparables to assess whether current asking prices represent fair value. Buyers are encouraged to review HDB's official transaction data for Clementi properties sold in the preceding 3 to 6 months, paying particular attention to units of similar configuration, floor level, and lease profile. Significant deviations from the established per-square-foot range may indicate either a negotiation opportunity or an overvalued asking price.

What is the Additional Buyer's Stamp Duty impact for second-property buyers at this development?

Singapore citizens purchasing a second residential property are liable for Additional Buyer's Stamp Duty (ABSD) at 20% of the property's purchase price. For a unit priced at S$450,000, ABSD would amount to S$90,000, substantially increasing the effective cost of acquisition. This duty is payable in addition to standard Buyer's Stamp Duty and is a non-recoverable transaction cost that directly reduces net returns for investors. For example, a second-property investor purchasing this same S$450,000 unit would need to budget approximately S$540,000 in total stamp duty and associated acquisition costs. ABSD considerations are critical to investment feasibility analysis and should be incorporated into gross yield calculations when assessing returns.

What lease tenure considerations affect resale value and financing at 374 Clementi Avenue 4?

As an HDB development, units are issued on a 99-year leasehold basis commencing from the date of first occupation. The remaining lease duration is a critical factor in determining a property's market value and financing eligibility. Properties with fewer than 40 years of lease remaining experience substantially reduced resale pools and lower offer prices, as many buyers and lenders become hesitant about properties approaching critical lease thresholds. Buyers should verify the original construction date and lease commencement to calculate the precise remaining lease tenure at time of purchase. Investors should model their intended holding period against the lease decay trajectory—a property purchased with 50 years remaining lease and held for 15 years will have 35 years remaining at exit, potentially affecting future buyer demand and resale prices. Lease tenure is one of the strongest determinants of long-term capital preservation in HDB investments.

How does proximity to Clementi MRT Station affect demand and capital appreciation potential?

The six-minute walk to Clementi MRT Station (EW23) is a significant demand driver for this development. The East-West Line provides direct access to Raffles Place and Shenton Way in the east—home to Singapore's primary financial and business districts—as well as connectivity to Jurong's industrial and commercial zones to the west. This central positioning on a major transport spine historically translates to consistent demand from working professionals and commuters, supporting both owner-occupancy and rental market activity. Developments within 400 metres of an MRT station have historically outperformed those requiring 10+ minute walks in capital appreciation terms, particularly during property cycles characterised by transport-driven demand. The MRT proximity also supports rental demand stability, as tenants prioritise commute times and accessibility. Over the long term, transport-proximate HDB developments in mature estates like Clementi have demonstrated more resilient resale markets and faster transaction velocities than equivalently-priced properties in less accessible locations.

Is 374 Clementi Avenue 4 suitable for first-time HDB buyers, upgraders, and investors?

This development appeals to all three buyer segments for different reasons. First-time buyers benefit from the established neighbourhood, transparent rental demand profile, and proven livability—allowing them to make informed decisions about their first property purchase. Upgraders seeking additional space from smaller HDB units elsewhere in Singapore find the Clementi location geographically convenient for accessing multiple employment zones, with stable neighbourhood amenities suitable for families with children. Investors view mature HDB estates in accessible locations as defensive, income-generating assets with lower volatility than newer developments or private residential properties. The combination of stable rental demand, transparent market data, and low-cost property management makes HDB investment straightforward compared to private residential. All three buyer segments benefit from the transparent HDB framework and institutional support structures like HDB refinancing schemes, which are unavailable for private residential properties.

What are TDSR implications and financing headroom at typical price points in this development?

The Total Debt Service Ratio (TDSR) framework caps borrowers' monthly debt servicing obligations at 60% of gross monthly income. At a typical price point of S$450,000 for a 3-bedroom unit in this development, a buyer financing 90% of the purchase price (S$405,000) over 25 years at 3.5% interest would face approximate monthly mortgage payments of S$1,900. This level of borrowing requires a household gross monthly income of approximately S$3,200 to remain comfortably within TDSR limits—a threshold easily met by dual-income professional households typical of the Clementi rental and buyer demographic. Buyers at the higher end of available prices (e.g., S$550,000) would require household incomes around S$4,100 per month to maintain adequate TDSR headroom. Stress-testing against potential interest rate increases—assuming rates could rise 1.5% to 2% above current levels—remains prudent. Most institutional lenders actively finance HDB purchases in established locations like Clementi, supporting competitive mortgage rates and terms.

How does 374 Clementi Avenue 4 compare to nearby competing HDB developments in the area?

Within the Clementi precinct, this development competes against neighbouring estates including Block 380, 382, and others similarly positioned relative to Clementi MRT. The primary differentiators centre on floor levels within buildings, remaining lease tenure, and unit configuration rather than wholesale development differences, as all are mature HDB estates. Units at 374 Clementi Avenue 4 that are positioned on higher floors (15+) or possess superior layout efficiency (e.g., units avoiding directly adjacent lift lobbies) typically command premiums of 3% to 8% versus lower-floor equivalents in neighbouring blocks. Recent transaction comparables show that competing Clementi HDB units of similar size and lease profile move at approximately 2% to 3% price variations based purely on floor level and directional orientation. Buyers evaluating this development against nearby alternatives should focus on individual unit attributes rather than wholesale development branding, as the underlying estate maturity and location credentials are comparable across the immediate precinct.

Which unit stack or floor levels offer the best value proposition at this development?

Middle-floor units (floors 7 to 12) typically represent the optimal value in mature HDB developments like this one. Higher-floor units (15+) command 8% to 12% premiums purely for elevation and view quality, whilst lower-floor units (floors 2 to 5) may face marginally reduced demand from buyers seeking to avoid ground-level noise or potential pest issues. From an investment perspective, middle-floor units strike the optimal balance—they command slightly higher rental premiums than ground-floor units (typically S$50 to S$100 per month), whilst avoiding the cost premium associated with higher-floor units. Corner units and units avoiding direct adjacency to lift lobbies experience faster rental turnaround and marginally higher yields within the same floor band. Units with northern or north-eastern orientation, which benefit from east-facing morning light and reduced afternoon heat gain, have historically attracted higher-quality tenants and generated more consistent rental demand. Investors should prioritise units offering both solid mid-floor positioning and favourable directional orientation when sourcing acquisition opportunities.

What is the future supply pipeline for HDB in the Clementi district?

The Clementi precinct is a mature, built-out residential estate with limited capacity for large-scale new HDB development. Singapore's HDB expansion strategy has increasingly focused newer estates on growth districts including Punggol, Yishun, Sembawang, and Tengah, where land availability remains higher and demographic demand is concentrated. This structural supply constraint in established precincts like Clementi historically supports price resilience for existing properties, as replacement cost for equivalent new housing stock in the same location is substantially higher than resale prices in older developments. Whilst comprehensive redevelopment of Clementi HDB blocks is not imminent, the Building and Construction Authority (BCA) has progressively upgraded facilities across older estates. Minor retrofitting initiatives improving energy efficiency, safety, and common areas may occur over the coming decade without requiring wholesale demolition. Investors should monitor announcements of any upgrading programmes, as these can enhance property appeal and support modest capital appreciation. The absence of significant new supply in this precinct, combined with sustained transport-driven demand, underpins long-term value stability for existing units.

Hdb Flat At 374 Clementi Avenue 4 — From S$4,500